Shell (NYSE:SHEL) Price Target Raised to $106.00 at Piper Sandler

Key Points

• Piper Sandler raised its price target on Shell to $106.00 (from $89.00) and kept an overweight rating, implying roughly a 19.5% upside from the prior close.
• Broader analyst sentiment is more cautious: multiple recent downgrades have left Shell with an average consensus rating of Hold and a consensus price target of $83.76.
• Shell posted a quarterly EPS miss ($0.57 vs. $1.21 expected) while trading near $88.71, as the company continues share buybacks, agreed to sell Jiffy Lube for about $1.3bn, and pursues potential Venezuelan upstream deals.

Shell (NYSE:SHEL - Get Free Report) had its price objective hoisted by investment analysts at Piper Sandler from $89.00 to $106.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has an "overweight" rating on the energy company's stock. Piper Sandler's target price would indicate a potential upside of 19.49% from the stock's previous close.

Other research analysts have also recently issued research reports about the stock. Bank of America cut shares of Shell from a "buy" rating to a "neutral" rating in a research report on Friday, December 5th. UBS Group downgraded shares of Shell from a "buy" rating to a "neutral" rating in a report on Tuesday, November 25th. Wells Fargo & Company decreased their price objective on shares of Shell from $78.00 to $77.00 and set an "equal weight" rating for the company in a research note on Friday, February 6th. Wall Street Zen lowered Shell from a "buy" rating to a "hold" rating in a research report on Saturday, December 20th. Finally, Royal Bank Of Canada downgraded Shell from an "outperform" rating to a "sector perform" rating in a report on Monday, January 26th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $83.76.

Shell Trading Up 1.5%

NYSE SHEL traded up $1.31 during trading hours on Thursday, hitting $88.71. 3,414,088 shares of the company were exchanged, compared to its average volume of 6,601,142. The stock has a market cap of $252.26 billion, a PE ratio of 14.77, a price-to-earnings-growth ratio of 6.18 and a beta of 0.14. Shell has a 52 week low of $58.54 and a 52 week high of $88.90. The stock has a 50-day moving average price of $77.53 and a 200 day moving average price of $74.77. The company has a quick ratio of 1.03, a current ratio of 1.30 and a debt-to-equity ratio of 0.38.

Shell (NYSE:SHEL - Get Free Report) last announced its earnings results on Thursday, February 5th. The energy company reported $0.57 EPS for the quarter, missing analysts' consensus estimates of $1.21 by ($0.64). Shell had a return on equity of 10.34% and a net margin of 6.52%.The company had revenue of $64.09 billion during the quarter, compared to analysts' expectations of $65.82 billion. Analysts forecast that Shell will post 7.67 earnings per share for the current fiscal year.

Institutional Trading of Shell

Large investors have recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC bought a new position in Shell in the fourth quarter worth approximately $26,000. Steigerwald Gordon & Koch Inc. purchased a new position in shares of Shell during the third quarter valued at $31,000. Grey Fox Wealth Advisors LLC bought a new stake in shares of Shell in the third quarter valued at about $34,000. Zions Bancorporation National Association UT lifted its stake in Shell by 186.7% in the fourth quarter. Zions Bancorporation National Association UT now owns 473 shares of the energy company's stock worth $35,000 after acquiring an additional 308 shares during the period. Finally, Ares Financial Consulting LLC purchased a new position in Shell during the 4th quarter valued at about $38,000. Hedge funds and other institutional investors own 28.60% of the company's stock.

Shell News Summary

Here are the key news stories impacting Shell this week:

• Positive Sentiment: Ongoing share buy‑backs — Shell disclosed multiple "Transaction in Own Shares" purchases as part of its February buy‑back programme, which reduces float and supports EPS and the share price. Transaction in Own Shares
• Positive Sentiment: Non‑core asset sale — Shell agreed to sell Jiffy Lube and related mobility businesses to Monomoy Capital for about $1.3bn, crystallizing value and allowing focus on higher‑return segments. Shell Divests Jiffy Lube to Monomoy Capital Partners for $1.3 Billion
• Positive Sentiment: Potential Venezuelan upstream deals — Reports indicate Shell (with Chevron) is close to large production agreements in Venezuela as the country opens to foreign investment; successful deals would boost long‑term upstream volumes. Exclusive - Chevron, Shell closing in on first big oil production deals in Venezuela since US captured Maduro, sources say
• Positive Sentiment: Short interest fell — February short interest dropped ~12.5%, lowering bearish pressure and potentially supporting near‑term price stability. Short Interest Report
• Neutral Sentiment: 2025 Annual Report & Form 20‑F filed — Shell published its full 2025 Annual Report and filed the 20‑F; routine regulatory disclosure that provides detail on financials, strategy and risks ahead of the AGM on May 19. Shell Publishes Annual Report and Accounts
• Neutral Sentiment: LNG operations update — LNG Canada (Shell‑led venture) has ramped exports amid global supply disruptions; operational upside but context‑dependent for margins. LNG Canada ramps output as Iran war threatens global gas supplies
• Negative Sentiment: CEO pay jumped ~60% — Annual report shows CEO Wael Sawan’s pay rose materially (~£13.8m / ~$18.5m), a governance headline that can rile investors and activists. Shell boss Wael Sawan sees pay jump almost 60% to £13.8m despite profit fall
• Negative Sentiment: Emissions disclosure — Reuters analysis of the annual report shows Shell’s 2025 emissions were broadly stable at ~1.1 billion tCO2e, which may fuel ESG and regulatory concerns for some investors. Shell's emissions broadly stable at around 1.1 bln tons CO2 equivalent
• Negative Sentiment: Force majeure notes around Qatari LNG — Reports that some intermediaries declared FM for Qatari LNG shipments create short‑term supply/disruption risk in parts of Shell’s trading/booked flows. Exclusive: Shell, TotalEnergies and others declare FM to their clients who take LNG from Qatar - sources say

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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