FY2026 EPS Estimates for Shell Raised by Erste Group Bank

Key Points

• Erste Group Bank raised Shell’s FY2026 EPS estimate to $11.36 from $11.20 and maintained a “Buy” rating; its FY2027 estimate is $9.60 per share.
• Shell’s latest quarterly results exceeded expectations, with EPS of $3.52 versus the $3.23 consensus and revenue of $94.66 billion compared with estimates of $86.22 billion.
• Despite several bullish analyst calls, Shell carries a consensus “Hold” rating from MarketBeat, with an average price target of $107.46; shares opened at $93.31 and were recently trading near their 52-week high.

Shell PLC Unsponsored ADR (NYSE:SHEL - Free Report) - Equities research analysts at Erste Group Bank lifted their FY2026 earnings per share (EPS) estimates for shares of Shell in a research report issued on Friday, September 18th. Erste Group Bank analyst H. Engel now expects that the energy company will earn $11.36 per share for the year, up from their prior estimate of $11.20. Erste Group Bank currently has a "Buy" rating on the stock. The consensus estimate for Shell's current full-year earnings is $10.87 per share. Erste Group Bank also issued estimates for Shell's FY2027 earnings at $9.60 EPS.

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. Shell had a return on equity of 14.34% and a net margin of 8.55%.The company had revenue of $94.66 billion during the quarter, compared to analyst estimates of $86.22 billion.

A number of other brokerages have also weighed in on SHEL. Wall Street Zen upgraded Shell from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 8th. Mizuho started coverage on shares of Shell in a report on Monday, July 20th. They set a "neutral" rating and a $98.00 price objective on the stock. Zacks Research cut Shell from a "strong-buy" rating to a "hold" rating in a research report on Monday, May 25th. TD Cowen reiterated a "buy" rating on shares of Shell in a research report on Thursday, July 2nd. Finally, Morgan Stanley set a $101.30 price objective on shares of Shell and gave the stock an "overweight" rating in a research note on Thursday, September 3rd. Seven investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, Shell currently has a consensus rating of "Hold" and an average target price of $107.46.

Shell Trading Down 1.3%

NYSE SHEL opened at $93.31 on Tuesday. Shell has a 52 week low of $68.63 and a 52 week high of $99.15. The company has a 50 day moving average price of $91.14 and a 200 day moving average price of $88.01. The company has a quick ratio of 1.12, a current ratio of 1.43 and a debt-to-equity ratio of 0.36. The firm has a market cap of $261.60 billion, a PE ratio of 10.30, a price-to-earnings-growth ratio of 0.80 and a beta of 0.05.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Continuum Advisory LLC acquired a new position in shares of Shell during the second quarter valued at approximately $34,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Shell during the fourth quarter worth $36,000. Kilter Group LLC raised its position in shares of Shell by 83.1% in the second quarter. Kilter Group LLC now owns 498 shares of the energy company's stock valued at $39,000 after buying an additional 226 shares during the last quarter. Allied Private Wealth LLC acquired a new position in Shell during the second quarter worth about $43,000. Finally, Jessup Wealth Management Inc acquired a new stake in Shell in the 4th quarter valued at about $59,000. Institutional investors and hedge funds own 28.60% of the company's stock.

Shell Company Profile

Shell plc is a global energy company headquartered in London, United Kingdom. Its operations span the exploration, production, processing, trading and marketing of energy resources, including crude oil, natural gas and liquefied natural gas (LNG).

The company also operates refineries, petrochemical and chemical businesses, fuel stations and other energy-marketing activities. Through its Energy Solutions operations, Shell provides renewable power, electric-vehicle charging, energy-efficiency services and lower-carbon fuels, while continuing to develop technologies and projects intended to reduce emissions from energy production and use.

Shell traces its history to the Royal Dutch Petroleum Company and the Shell Transport and Trading Company, which combined their operations in 1907.

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