Based on ratings from 0 stock analysts, the Shell plc stock price is expected to increase by 19.99% in 12 months. This is calculated by using the average 12-month stock price forecast for Shell plc. The lowest target is $66.5 and the highest is $102. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedSHEL 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Shell plc to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on SHEL. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of SHEL.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Paul Cheng Scotiabank | Sector Outperform | $80 | Maintains | Oct 10, 2024 |
Roger Read Wells Fargo | Overweight | $88 | Maintains | Oct 8, 2024 |
Roger Read Wells Fargo | Overweight | $84 | Maintains | Sep 27, 2024 |
Doug Leggate Wolfe Research | Peer Perform | Reinstates | Jul 18, 2024 | |
Paul Cheng Scotiabank | Sector Outperform | $90 | Maintains | Jul 12, 2024 |
Roger Read Wells Fargo | Overweight | $90 | Maintains | Jun 21, 2024 |
Bill Selesky Argus Research | Buy | $79 | Maintains | Jun 6, 2024 |
Roger Read Wells Fargo | Overweight | $91 | Maintains | May 3, 2024 |
Ryan Todd Piper Sandler | Overweight | $85 | Maintains | Apr 18, 2024 |
Paul Cheng Scotiabank | Sector Outperform | $95 | Maintains | Apr 11, 2024 |
Ryan Todd Piper Sandler | Overweight | $76 | Maintains | Mar 14, 2024 |
Roger Read Wells Fargo | Overweight | $77 | Maintains | Jun 15, 2023 |
Ryan Todd Piper Sandler | Overweight | $67 | Maintains | Jun 13, 2023 |
Ryan Todd Piper Sandler | Overweight | $75 | Maintains | May 18, 2023 |
Ryan Todd Piper Sandler | Overweight | $77 | Maintains | Apr 20, 2023 |
Michele Della Vigna Goldman Sachs | Buy | $85 | Upgrade | Feb 27, 2023 |
Sam Margolin Wolfe Research | Peer Perform | Downgrade | Jan 12, 2023 | |
Roger Read Wells Fargo | Overweight | $67 | Maintains | Jan 10, 2023 |
Ryan Todd Piper Sandler | Overweight | $70 | Maintains | Dec 19, 2022 |
Ryan Todd Piper Sandler | Overweight | $71 | Maintains | Nov 11, 2022 |
When did it IPO
2022
Staff Count
103,000
Country
United Kingdom
Sector/Industry
Energy/Oil & Gas Integrated
CEO
Mr. Wael Sawan
Market Cap
$209.48B
In 2023, SHEL generated $316.62B in revenue, which was a decrease of -16.97% from the previous year. This can be seen as a signal that SHEL's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Shell plc (NYSE:SHEL) reported strong Q3 2024 results in its earnings call on October 31, 2024. CEO Wael Sawan highlighted the company's resilience in the current market cycle.
Why It Matters - Strong Q3 results and resilience throughout the cycle indicate Shell's financial health, potentially boosting investor confidence and impacting stock performance positively.
Summary - Shell reported stronger-than-expected third-quarter profits, attributed in part to a significant decline in crude prices.
Why It Matters - Shell's stronger-than-expected profit signals resilience amid falling crude prices, indicating operational efficiency and potential for future dividend stability, attracting investor interest.
Summary - Shell's Q3 profits reached $6 billion, surpassing forecasts by 12%, driven by higher gas sales despite weaker refining and oil trading results.
Why It Matters - Shell's stronger-than-expected profits indicate resilience amid market fluctuations, potentially boosting investor confidence and stock performance. Higher gas sales may signal growing demand.
Summary - Shell reported third-quarter profits of $6 billion, exceeding forecasts, and announced a $3.5 billion share buyback program, driven by increased gas sales despite lower crude prices.
Why It Matters - Shell's strong profits and share buyback signal financial health and confidence, potentially boosting stock value and indicating resilience amid industry challenges.
Summary - Shell PLC is among RBC's top investment picks following a strong third-quarter update, with earnings growth across multiple divisions and a strong balance sheet.
Why It Matters - Shell's strong earnings across multiple divisions and a robust balance sheet enhance its investment attractiveness, indicating stability and potential for future growth.
Summary - Shell's LNG business outperformed TotalEnergies in Q3, driven by increased production and sales in Asia, despite both companies facing lower profits from oil refining.
Why It Matters - Shell's strong LNG performance in Asia signals robust demand, potentially boosting its market share and profitability, while TotalEnergies struggles, affecting competitive positioning in the sector.