Shell (SHEL) Projected to Announce Earnings on Thursday

Key Points

• Shell is expected to report Q3 2026 results before the market opens on October 29. Analysts forecast earnings of $3.52 per share and revenue of $93.25 billion.
• Shell’s previous quarter exceeded expectations, with EPS of $3.52 versus the $3.23 consensus and revenue of $94.66 billion versus $86.22 billion expected.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and a $106.63 price target. Planned Canadian LNG expansion is also viewed as a potential long-term growth driver.

Shell (NYSE:SHEL - Get Free Report) will likely be issuing its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to post earnings of $3.52 per share and revenue of $93.25 billion for the quarter. Parties may review the information on the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 29, 2026 at 3:00 AM ET.

Shell (NYSE:SHEL - Get Free Report) last issued its earnings results on Friday, July 31st. The energy company reported $3.52 EPS for the quarter, beating analysts' consensus estimates of $3.23 by $0.29. The firm had revenue of $94.66 billion for the quarter, compared to the consensus estimate of $86.22 billion. Shell had a return on equity of 14.34% and a net margin of 8.55%. On average, analysts expect Shell to post $11.62 EPS for the current fiscal year and $10.67 EPS for the next fiscal year.

Shell Trading Down 0.1%

Shares of NYSE SHEL opened at $105.41 on Thursday. The business has a 50 day simple moving average of $96.02 and a 200 day simple moving average of $89.51. Shell has a 52 week low of $68.63 and a 52 week high of $106.68. The stock has a market cap of $301.98 billion, a price-to-earnings ratio of 11.78, a PEG ratio of 0.88 and a beta of 0.10. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.12 and a current ratio of 1.43.

Key Shell News

Here are the key news stories impacting Shell this week:

• Positive Sentiment: Shell’s planned expansion of Canadian LNG export operations is drawing attention as a potentially important long-term growth driver. The move strengthens Shell’s position in global natural gas markets and has led one analyst to rank Shell more favorably than Exxon Mobil and Chevron among major oil companies. Shell's Latest LNG Move Has Me Rethinking My Oil Major Pecking Order
• Positive Sentiment: Zacks identified SHEL as a strong value stock, suggesting its valuation and underlying financial profile remain attractive to value-oriented investors. This supports the view that the shares may still offer reasonable pricing despite their recent advance. Here's Why Shell Is a Strong Value Stock
• Positive Sentiment: A separate Zacks assessment labeled Shell a potential momentum pick, indicating favorable recent price and earnings-related trends. The momentum signal could attract additional interest from trend-following investors, though it does not represent a new company announcement. Why Shell Is a Great Momentum Choice
• Neutral Sentiment: Shell’s partnership and visibility with Scuderia Ferrari HP received lifestyle and brand coverage. The association may support marketing and consumer visibility, but the article offers no material update on revenue, production, dividends, or near-term earnings. Shell and Scuderia Ferrari HP Race-Week Experience

Wall Street Analyst Weigh In

A number of analysts have issued reports on SHEL shares. Weiss Ratings upgraded shares of Shell from a "buy (b)" rating to a "buy (a-)" rating in a research note on Thursday, October 8th. Morgan Stanley set a $101.30 target price on shares of Shell and gave the stock an "overweight" rating in a research report on Thursday, September 3rd. HSBC restated a "buy" rating on shares of Shell in a research note on Friday, September 25th. Piper Sandler lifted their price objective on shares of Shell from $89.00 to $100.00 and gave the company a "neutral" rating in a research note on Thursday, September 3rd. Finally, Barclays reiterated an "overweight" rating on shares of Shell in a report on Monday, October 5th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $106.63.

About Shell

Shell plc is a global energy company headquartered in London, England. Its operations span the energy value chain, including the exploration, production, processing, trading and marketing of oil and natural gas. The company is also a major participant in liquefied natural gas (LNG), refining, chemicals and energy-related products.

Shell sells fuels, lubricants and other petroleum products through branded retail and commercial businesses, while also providing services to industrial, marine and aviation customers.

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