Erste Group Bank Forecasts Stronger Earnings for Shell

Key Points

• Erste Group Bank raised its FY2026 earnings forecast for Shell to $11.08 per share from $10.30, above the current consensus estimate of $10.31, while maintaining a “Hold” rating.
• Shell recently exceeded quarterly expectations, reporting $3.52 in EPS versus the $3.23 consensus and revenue of $94.66 billion against estimates of $86.22 billion.
• Analyst sentiment remains mixed but leans cautious: five analysts rate Shell a Buy and 14 rate it Hold, producing an overall “Hold” consensus and an average price target of $102.17.

Shell PLC Unsponsored ADR (NYSE:SHEL - Free Report) - Stock analysts at Erste Group Bank lifted their FY2026 earnings estimates for Shell in a note issued to investors on Wednesday, August 5th. Erste Group Bank analyst H. Engel now expects that the energy company will post earnings of $11.08 per share for the year, up from their prior forecast of $10.30. Erste Group Bank has a "Hold" rating on the stock. The consensus estimate for Shell's current full-year earnings is $10.31 per share.

Other research analysts have also issued reports about the stock. HSBC upgraded shares of Shell from a "hold" rating to a "buy" rating in a research report on Monday, May 18th. Zacks Research cut shares of Shell from a "strong-buy" rating to a "hold" rating in a research report on Monday, May 25th. Scotiabank raised their price target on Shell from $91.00 to $122.00 and gave the stock a "sector outperform" rating in a research note on Wednesday, April 22nd. Jefferies Financial Group raised their price objective on shares of Shell to $122.40 and gave the stock a "buy" rating in a report on Thursday, May 21st. Finally, Weiss Ratings upgraded shares of Shell from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday, July 28th. Five equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company's stock. According to data from MarketBeat, Shell currently has an average rating of "Hold" and a consensus price target of $102.17.

Shell Stock Performance

Shares of SHEL opened at $89.97 on Tuesday. The company has a current ratio of 1.43, a quick ratio of 1.12 and a debt-to-equity ratio of 0.36. Shell has a 12-month low of $68.63 and a 12-month high of $94.90. The company has a market cap of $252.23 billion, a PE ratio of 9.93, a price-to-earnings-growth ratio of 0.58 and a beta of 0.05. The stock has a 50-day moving average price of $84.11 and a 200-day moving average price of $84.82.

Shell (NYSE:SHEL - Get Free Report) last posted its earnings results on Friday, July 31st. The energy company reported $3.52 earnings per share for the quarter, topping analysts' consensus estimates of $3.23 by $0.29. The business had revenue of $94.66 billion for the quarter, compared to analyst estimates of $86.22 billion. Shell had a net margin of 8.55% and a return on equity of 14.34%.

Institutional Trading of Shell

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. XY Capital Ltd grew its holdings in Shell by 139.1% during the second quarter. XY Capital Ltd now owns 42,854 shares of the energy company's stock valued at $3,323,000 after purchasing an additional 24,932 shares during the period. Foresight Global Investors Inc. raised its position in shares of Shell by 0.4% during the second quarter. Foresight Global Investors Inc. now owns 96,767 shares of the energy company's stock valued at $7,503,000 after buying an additional 362 shares during the last quarter. MSH Capital Advisors LLC lifted its stake in Shell by 30.5% in the 2nd quarter. MSH Capital Advisors LLC now owns 14,774 shares of the energy company's stock worth $1,146,000 after purchasing an additional 3,457 shares in the last quarter. Uptick Partners LLC grew its holdings in Shell by 5.1% during the 2nd quarter. Uptick Partners LLC now owns 6,373 shares of the energy company's stock valued at $494,000 after buying an additional 310 shares in the last quarter. Finally, Madison Asset Management LLC grew its holdings in shares of Shell by 22.5% in the second quarter. Madison Asset Management LLC now owns 19,742 shares of the energy company's stock valued at $1,531,000 after purchasing an additional 3,628 shares in the last quarter. 28.60% of the stock is owned by hedge funds and other institutional investors.

Shell Company Profile

Shell plc NYSE: SHEL is a global integrated energy company that operates across the full oil and gas value chain as well as in developing lower-carbon energy solutions. The company traces its roots to the early 20th century merger of Royal Dutch Petroleum and Shell Transport and Trading, and today it is organized to explore for and produce hydrocarbons, process and refine them, manufacture petrochemicals, and market fuel, lubricants and related products under the Shell brand around the world.

Shell's principal activities include upstream exploration and production of oil and natural gas, integrated gas operations including liquefied natural gas (LNG), and downstream refining, supply and marketing.

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