Shell (SHEL) Stock Forecast & Price Target

$95.71 +0.11 (+0.11%)

Closing price 03:59 PM Eastern

Extended Trading

$95.96 +0.26 (+0.27%)

As of 07:55 PM Eastern

Compare

Shell - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Hold

Based on 18 Analyst Ratings

Sell
0

Hold
11

Buy
7

Based on 18 Wall Street analysts who have issued ratings for Shell in the last 12 months, the stock has a consensus rating of "Hold." Out of the 18 analysts, 11 have given a hold rating, and 7 have given a buy rating for SHEL.

Consensus Price Target

$105.52
10.26% Upside

According to the 18 analysts' twelve-month price targets for Shell, the average price target is $105.52. The highest price target for SHEL is $122.40, while the lowest price target for SHEL is $90.00. The average price target represents a forecasted upside of 10.26% from the current price of $95.71.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Get the Latest News and Ratings for SHEL and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Shell and its competitors.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

SHEL Analyst Ratings Over Time

Type	Current Forecast 9/25/25 to 9/25/26	1 Month Ago 8/26/25 to 8/26/26	3 Months Ago 6/27/25 to 6/27/26	1 Year Ago 9/25/24 to 9/25/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	7 Buy rating(s)	5 Buy rating(s)	6 Buy rating(s)	10 Buy rating(s)
Hold	11 Hold rating(s)	13 Hold rating(s)	13 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$105.52	$106.77	$100.46	$77.46
Forecasted Upside	10.26% Upside	17.15% Upside	31.39% Upside	6.29% Upside
Consensus Rating	Hold	Hold	Hold	Moderate Buy

SHEL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SHEL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Shell Stock vs. The Competition

Type	Shell	Energy Companies	Broader Market
Consensus Rating Score	2.39	2.45	2.53
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	10.50% Upside	41.49% Upside	19.21% Upside
News Sentiment Rating	Positive News See Recent SHEL News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
9/3/2026	Morgan Stanley 3 of 5 stars	Martijn Rats Not Rated	Set Target	Equal Weight ➝ Overweight	$101.30	+9.74%
9/3/2026	Piper Sandler 2 of 5 stars	John Royall Not Rated	Boost Target	Neutral	$89.00 ➝ $100.00	+7.84%
8/27/2026	Erste Group Bank 5 of 5 stars		Upgrade	Hold ➝ Buy
7/31/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Sam Margolin Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Equal Weight	$100.00 ➝ $105.00	+16.05%
7/28/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Buy (B-) ➝ Buy (B)
7/20/2026	Mizuho Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Nitin Kumar Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Neutral	$98.00	+12.18%
7/2/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jason Gabelman Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy
5/25/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Strong-Buy ➝ Hold
5/21/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Mark Wilson Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$122.40	+39.21%
5/18/2026	HSBC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Buy
Get the Latest News and Ratings for SHEL and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Shell and its competitors with MarketBeat's FREE daily newsletter.
4/22/2026	Scotiabank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Betty Zhang Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Sector Outperform	$91.00 ➝ $122.00	+36.38%
4/17/2026	BNP Paribas Exane Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target	Outperform ➝ Neutral	$101.00	+10.36%
4/9/2026	Rothschild & Co Redburn Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Strong-Buy ➝ Hold
1/26/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Outperform ➝ Sector Perform
12/5/2025	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Neutral
11/25/2025	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Neutral
11/3/2025	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Neutral
10/8/2025	Wolfe Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Doug Leggate Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Outperform ➝ Peer Perform
8/20/2025	Melius Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Hold	$70.00	-2.01%
7/11/2025	Santander Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Neutral
6/16/2025	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	N. Beveridge Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform
4/4/2025	TD Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy
3/26/2025	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	L. Rainforth Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Overweight

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 07:59 PM ET.

Should I Buy Shell Stock? SHEL Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, September 23, 2026. Please send any questions or comments about these Shell pros and cons to contact@marketbeat.com.

Shell
Bull Case

Here are some ways that investors could benefit from investing in Shell:

Shell is currently trading at $95.45, a price that reflects a strong upward trend as the stock has recently hit new 52-week highs and is trading well above its 200-day moving average, indicating sustained investor confidence and momentum in the energy sector.
The company demonstrated exceptional financial strength in its most recent quarter by reporting earnings per share of $3.52, which significantly exceeded the analyst consensus estimate of $3.23, while also generating $17.5 billion in free cash flow, highlighting its robust operational efficiency and ability to generate substantial liquidity.
Shell offers an attractive income stream for investors with a dividend yield of 3.35%, providing a steady return that is competitive within the energy sector and supported by the company's strong cash flow generation and capital discipline.
Recent strategic developments, such as the agreement on natural gas supply terms for the Aphrodite field and the potential approval of the LNG Canada Phase 2 expansion, position the company for long-term growth by securing new revenue streams and increasing global export capacity.
Analysts at Erste Group Bank recently raised their full-year 2026 earnings per share estimates to $11.36, reflecting a positive outlook on the company's profitability and suggesting that the current valuation may not fully capture the upside potential of its recent operational improvements.

Shell
Bear Case

Investors should be bearish about investing in Shell for these reasons:

The stock carries a consensus rating of "Hold" from analysts, with an average price target of $107.46, suggesting that while the stock has performed well, there is limited additional upside potential for new buyers compared to its current trading price.
Recent news regarding a $15 million penalty for air quality violations at a petrochemical plant and a federal report citing ineffective safety controls in a previous explosion highlights ongoing operational and regulatory risks that could impact the company's reputation and lead to further compliance costs.
Market volatility remains a concern as crude oil prices have recently dropped more than 2% due to recovering Saudi Arabian exports and geopolitical shifts, which could pressure Shell's revenue and margins given its exposure to global oil and gas markets.
Short interest in the stock has increased significantly over the past few months, with shares shorted rising to over 23 million, indicating that a portion of the market is betting against the stock's future performance and potentially signaling underlying skepticism about its valuation or growth prospects.
The company faces macroeconomic risks including potential lower future oil prices and the introduction of windfall taxes, which could reduce net income and limit the company's ability to return capital to shareholders through dividends or buybacks.

SHEL Forecast - Frequently Asked Questions

According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for Shell is $105.52, with a high forecast of $122.40 and a low forecast of $90.00.

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Shell in the last twelve months. There are currently 11 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SHEL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SHEL, but not buy additional shares or sell existing shares.

According to analysts, Shell's stock has a predicted upside of 10.26% based on their 12-month stock forecasts.

Over the previous 90 days, Shell's stock had 2 upgrades by analysts.

Shell has been rated by research analysts at Erste Group Bank, HSBC, Mizuho, Morgan Stanley, Piper Sandler, TD Cowen, UBS Group, Weiss Ratings, and Wells Fargo & Company in the past 90 days.

Analysts like Shell less than other "energy" companies. The consensus rating score for Shell is 2.39 while the average consensus rating score for "energy" companies is 2.45. Learn more on how SHEL compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Shell Recommendations

MarketBeat monitors more than a dozen sources for Shell analyst ratings, with the most recent rating issued on 9/25/2026.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Shell (SHEL) Stock Forecast & Price Target

Shell - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

SHEL Analyst Ratings Over Time

SHEL Analyst Recommendations By Month

SHEL Price Targets by Month

Shell Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Shell Stock? SHEL Pros and Cons Explained

Shell
Bull Case

Shell
Bear Case

SHEL Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Shell Recommendations

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Shell (SHEL) Stock Forecast & Price Target

Shell - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

SHEL Analyst Ratings Over Time

SHEL Analyst Recommendations By Month

SHEL Price Targets by Month

Shell Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Shell Stock? SHEL Pros and Cons Explained

Shell Bull Case

Shell Bear Case

SHEL Forecast - Frequently Asked Questions

What is Shell's forecast for 2026?

Should I buy or sell Shell stock right now?

Does Shell's stock price have much upside?

Has Shell been upgraded by Wall Street analysts recently?

What analysts cover Shell?

Do Wall Street analysts like Shell more than its competitors?

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Shell Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Shell
Bull Case

Shell
Bear Case