FY2026 EPS Estimates for Shell Boosted by Erste Group Bank

Key Points

• Erste Group Bank raised Shell’s FY2026 EPS forecast to $11.18 from $11.08 and expects FY2027 EPS of $9.38, above the broader FY2026 consensus estimate of $10.38.
• Analyst sentiment remains mixed: six analysts rate Shell a Buy and 12 rate it Hold, resulting in an overall “Hold” consensus and an average price target of $106.77.
• Shell’s latest quarterly results exceeded expectations, with EPS of $3.52 versus the $3.23 consensus and revenue of $94.66 billion versus $86.22 billion expected.

Shell PLC Unsponsored ADR (NYSE:SHEL - Free Report) - Equities researchers at Erste Group Bank increased their FY2026 earnings per share estimates for shares of Shell in a note issued to investors on Thursday, August 27th. Erste Group Bank analyst H. Engel now expects that the energy company will post earnings of $11.18 per share for the year, up from their previous forecast of $11.08. Erste Group Bank has a "Buy" rating on the stock. The consensus estimate for Shell's current full-year earnings is $10.38 per share. Erste Group Bank also issued estimates for Shell's FY2027 earnings at $9.38 EPS.

Several other equities research analysts also recently commented on the stock. Weiss Ratings upgraded shares of Shell from a "buy (b-)" rating to a "buy (b)" rating in a research note on Tuesday, July 28th. Mizuho began coverage on Shell in a research report on Monday, July 20th. They issued a "neutral" rating and a $98.00 target price on the stock. TD Cowen reaffirmed a "buy" rating on shares of Shell in a research report on Thursday, July 2nd. Piper Sandler increased their price objective on Shell from $88.00 to $89.00 and gave the company a "neutral" rating in a report on Monday, August 3rd. Finally, HSBC upgraded Shell from a "hold" rating to a "buy" rating in a research note on Monday, May 18th. Six investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company's stock. According to data from MarketBeat.com, Shell currently has an average rating of "Hold" and a consensus target price of $106.77.

Shell Price Performance

SHEL stock opened at $90.91 on Monday. The company has a quick ratio of 1.12, a current ratio of 1.43 and a debt-to-equity ratio of 0.36. Shell has a 52 week low of $68.63 and a 52 week high of $94.90. The stock has a market capitalization of $254.87 billion, a PE ratio of 10.03, a price-to-earnings-growth ratio of 0.60 and a beta of 0.05. The firm has a 50 day moving average of $86.20 and a 200 day moving average of $86.40.

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

Hedge Funds Weigh In On Shell

Several large investors have recently made changes to their positions in SHEL. Colonial Trust Advisors raised its stake in shares of Shell by 9.5% during the 4th quarter. Colonial Trust Advisors now owns 1,488 shares of the energy company's stock worth $109,000 after purchasing an additional 129 shares in the last quarter. PFG Private Wealth Management LLC grew its stake in shares of Shell by 3.8% in the second quarter. PFG Private Wealth Management LLC now owns 3,578 shares of the energy company's stock valued at $277,000 after buying an additional 130 shares in the last quarter. Financial Management Professionals Inc. increased its holdings in Shell by 2.9% during the second quarter. Financial Management Professionals Inc. now owns 4,800 shares of the energy company's stock worth $372,000 after buying an additional 137 shares during the last quarter. Plan A Wealth LLC lifted its stake in Shell by 1.7% in the second quarter. Plan A Wealth LLC now owns 8,619 shares of the energy company's stock valued at $668,000 after acquiring an additional 140 shares during the last quarter. Finally, Cornerstone Planning Group LLC grew its position in shares of Shell by 14.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 1,215 shares of the energy company's stock valued at $109,000 after acquiring an additional 150 shares during the period. 28.60% of the stock is currently owned by institutional investors and hedge funds.

About Shell

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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