Research Analysts Issue Forecasts for Shell FY2026 Earnings

Key Points

• Erste Group raised its FY2026 earnings per share estimate for Shell to $7.28 (from $6.44), versus a current consensus estimate of $7.67 per share.
• Analyst coverage is mixed with a consensus rating of "Hold" and a $84.05 price target, while shares trade around $92 (down 2.2%) with a PE of about 15.3, reflecting divergence between market price and analyst targets.
• Near‑term catalysts and risks: Shell is buying back shares and seeing higher trading profits from Middle East volatility supporting cash generation, but it also cut its Q1 integrated gas production outlook after Middle East disruptions, pressuring near‑term volumes and revenue.

Shell PLC Unsponsored ADR (NYSE:SHEL - Free Report) - Analysts at Erste Group Bank boosted their FY2026 earnings per share estimates for Shell in a research note issued to investors on Thursday, April 2nd. Erste Group Bank analyst H. Engel now forecasts that the energy company will post earnings per share of $7.28 for the year, up from their prior estimate of $6.44. The consensus estimate for Shell's current full-year earnings is $7.67 per share.

SHEL has been the topic of a number of other reports. Jefferies Financial Group reissued a "buy" rating on shares of Shell in a report on Thursday, January 8th. Piper Sandler increased their price objective on Shell from $89.00 to $106.00 and gave the company an "overweight" rating in a report on Thursday, March 12th. Royal Bank Of Canada lowered Shell from an "outperform" rating to a "sector perform" rating in a report on Monday, January 26th. Wells Fargo & Company cut their price objective on Shell from $78.00 to $77.00 and set an "equal weight" rating on the stock in a report on Friday, February 6th. Finally, Weiss Ratings raised Shell from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, March 30th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $84.05.

Shell Stock Down 2.2%

Shares of SHEL stock opened at $92.04 on Thursday. The stock's 50-day simple moving average is $84.90 and its 200-day simple moving average is $77.47. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.03 and a current ratio of 1.30. The firm has a market capitalization of $260.65 billion, a PE ratio of 15.34, a P/E/G ratio of 0.83 and a beta of 0.10. Shell has a fifty-two week low of $58.54 and a fifty-two week high of $94.90.

Shell (NYSE:SHEL - Get Free Report) last released its quarterly earnings results on Friday, February 6th. The energy company reported $1.14 EPS for the quarter, missing analysts' consensus estimates of $1.21 by ($0.07). Shell had a net margin of 6.52% and a return on equity of 10.34%. The business had revenue of $64.09 billion during the quarter, compared to analysts' expectations of $65.82 billion.

Institutional Trading of Shell

Several institutional investors have recently bought and sold shares of SHEL. Kohmann Bosshard Financial Services LLC acquired a new stake in Shell in the fourth quarter valued at approximately $26,000. Steigerwald Gordon & Koch Inc. acquired a new stake in Shell in the third quarter valued at approximately $31,000. Grey Fox Wealth Advisors LLC acquired a new stake in Shell in the third quarter valued at approximately $34,000. Zions Bancorporation National Association UT grew its holdings in Shell by 186.7% in the fourth quarter. Zions Bancorporation National Association UT now owns 473 shares of the energy company's stock valued at $35,000 after purchasing an additional 308 shares during the period. Finally, Nalls Sherbakoff Group LLC acquired a new stake in Shell in the fourth quarter valued at approximately $36,000. 28.60% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Shell

Here are the key news stories impacting Shell this week:

• Positive Sentiment: Company is actively buying back shares (on‑ and off‑market purchases across European venues this week), which supports EPS and shareholder returns. Transaction in Own Shares (08 April 2026) Transaction in Own Shares (07 April 2026)
• Positive Sentiment: Trading operations benefiting from Middle East volatility — Shell says oil trading results should be materially higher, boosting near‑term cash generation even as production is disrupted. Shell Prints Cash From Chaos
• Positive Sentiment: Analyst upgrade: Erste raised FY2027 EPS estimates for Shell, which supports forward earnings expectations and valuation. (Research note issued April 2 — upgrade reflected in recent analyst coverage.)
• Neutral Sentiment: Insider/PDMR activity: certain executives acquired dividend shares following the interim dividend — signals ongoing executive ownership but not a major immediate driver. Director/PDMR Shareholding
• Neutral Sentiment: Media coverage about "Jeff Shell" leaving Paramount is unrelated to Shell plc (the energy company); this is a namesake news item that may cause confusion but has no operational impact on SHEL. Jeff Shell leaves Paramount
• Negative Sentiment: Shell cut its Q1 integrated gas production outlook after disruptions tied to the Middle East conflict (lost Qatari volumes), directly pressuring near‑term volumes and revenues in the gas segment. Shell cuts gas production outlook, citing Middle East conflict
• Negative Sentiment: Oil price swings: after initial spikes from the Iran/US‑Israel conflict, reports of a ceasefire and signs Strait of Hormuz traffic could resume have pushed crude lower — weighing on energy stocks including Shell today. BP, Shell and Centrica drop with crude in wake of new Iran 'ceasefire'

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.