Shell Stock Forecast

Stock Price Forecast

According to 8 professional analysts, the 12-month price target for Shell stock ranges from a low of $70 to a high of $91. The average analyst price target of $80.76 forecasts a 10.61% increase in the stock price over the next year.

Price Target: $80.76 (+10.61%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$70	$80.76	$79.8	$91
Change	-4.12%	+10.61%	+9.30%	+24.64%

Analyst Ratings

The average analyst rating for Shell stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	1	1	1	1	1	1
Buy	5	5	5	4	4	4
Hold	0	2	2	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	8	8	9	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ryan Todd Piper Sandler	Piper Sandler	Buy Maintains $87 → $90	Buy	Maintains	$87 → $90	+23.27%	Nov 10, 2025
Jason Gabelman TD Cowen	TD Cowen	Strong Buy Maintains $80 → $82	Strong Buy	Maintains	$80 → $82	+12.31%	Oct 31, 2025
Sam Margolin Wells Fargo	Wells Fargo	Hold Initiates $76	Hold	Initiates	$76	+4.10%	Oct 17, 2025
Paul Cheng Scotiabank	Scotiabank	Buy Maintains $80 → $91	Buy	Maintains	$80 → $91	+24.64%	Oct 9, 2025
Ryan Todd Piper Sandler	Piper Sandler	Buy Maintains $82 → $87	Buy	Maintains	$82 → $87	+19.16%	Oct 8, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

281.30B

from 284.31B

-1.06%

from 284.31B

Revenue Next Year

277.51B

from 281.30B

-1.35%

from 281.30B

EPS This Year

3.33

from 2.53

31.43%

from 2.53

EPS Next Year

3.41

from 3.33

2.45%

from 3.33

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	180.54B	261.50B	381.31B	316.62B	284.31B	281.30B	277.51B
Revenue Growth	-47.65%	44.84%	45.82%	-16.97%	-10.20%	-1.06%	-1.35%
EPS	-2.78	2.57	5.71	2.85	2.53	3.33	3.41
EPS Growth	-	-	122.18%	-50.09%	-11.23%	31.43%	2.45%
Forward PE	-	-	-	-	-	21.96	21.43
No. Analysts	-	-	-	-	-	25	25

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	360.4B	355.0B
Avg	281.3B	277.5B
Low	218.4B	198.8B

Revenue Growth

Revenue Growth	2025	2026
High	26.8%	26.2%
Avg	-1.1%	-1.3%
Low	-23.2%	-29.3%

EPS Forecast

EPS	2025	2026
High	4.08	4.52
Avg	3.33	3.41
Low	2.77	2.54

EPS Growth

EPS Growth	2025	2026
High	61.4%	35.8%
Avg	31.4%	2.5%
Low	9.6%	-23.7%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.