Free Trial

Shell (SHEL) Stock Forecast & Price Target

Shell logo
$72.06 +0.61 (+0.85%)
Closing price 03:59 PM Eastern
Extended Trading
$71.75 -0.31 (-0.42%)
As of 04:19 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Shell - Analysts' Recommendations and Stock Price Forecast (2025)

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.

Consensus Rating

Sell
0
Hold
7
Buy
10

Based on 17 Wall Street analysts who have issued ratings for Shell in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 17 analysts, 7 have given a hold rating, and 10 have given a buy rating for SHEL.

Consensus Price Target

$76.71
6.46% Upside
According to the 17 analysts' twelve-month price targets for Shell, the average price target is $76.71. The highest price target for SHEL is $82.00, while the lowest price target for SHEL is $70.00. The average price target represents a forecasted upside of 6.46% from the current price of $72.06.
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.

Sign Up

SHEL Analyst Ratings Over Time

TypeCurrent Forecast
8/20/24 to 8/20/25
1 Month Ago
7/21/24 to 7/21/25
3 Months Ago
5/22/24 to 5/22/25
1 Year Ago
8/21/23 to 8/20/24
Strong Buy
0 Strong Buy rating(s)
2 Strong Buy rating(s)
3 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
10 Buy rating(s)
10 Buy rating(s)
11 Buy rating(s)
4 Buy rating(s)
Hold
7 Hold rating(s)
3 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$76.71$78.69$78.35$85.00
Forecasted Upside6.46% Upside11.87% Upside18.80% Upside19.05% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Buy
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.
Skip Chart & View Analyst Rating History

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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Shell Stock vs. The Competition

TypeShellEnergy CompaniesS&P 500
Consensus Rating Score
2.67
2.64
2.53
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside9.73% Upside57.79% Upside11.27% Upside
News Sentiment Rating
Positive News

See Recent SHEL News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/20/2025Melius Research
0 of 5 stars
James West
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageHold$70.00-2.91%
8/18/2025Piper Sandler
2 of 5 stars
Ryan Todd
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower TargetOverweight ➝ Overweight$84.00 ➝ $82.00+13.98%
8/4/2025Hsbc Global Res
5 of 5 stars
 DowngradeStrong-Buy ➝ Hold
8/4/2025HSBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Kim Fustier
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy ➝ Hold$78.90 ➝ $78.30+8.77%
7/11/2025Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingOutperform ➝ Outperform
7/11/2025Santander
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeNeutral
6/26/2025Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Roger Read
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower TargetOverweight ➝ Overweight$80.00 ➝ $79.00+11.13%
6/16/2025Sanford C. Bernstein
Subscribe to MarketBeat All Access for the recommendation accuracy rating
N. Beveridge
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeOutperform ➝ Market Perform
4/8/2025TD Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
J. Gabelman
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower TargetBuy ➝ Buy$82.00 ➝ $76.00+23.18%
4/4/2025TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy ➝ Buy
3/26/2025Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
L. Rainforth
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingOverweight ➝ Overweight
3/26/2025Royal Bank Of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingOutperform ➝ Outperform
1/8/2025UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
J. Stone
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeNeutral ➝ Buy
1/7/2025Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeEqual Weight ➝ Overweight$66.50 ➝ $79.80+23.28%
1/3/2025Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
D. Leggate
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradePeer Perform ➝ Outperform$80.00+26.78%
10/2/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
A. Syme
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold
8/5/2024Berenberg Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
H. Tarr
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong-Buy
6/6/2024Argus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
W. Selesky
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetBuy ➝ Buy$77.00 ➝ $79.00+12.73%
12/13/2023BNP Paribas
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOutperform ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 04:22 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 Monday, August 18, 2025. Please send any questions or comments about these Shell pros and cons to contact@marketbeat.com.

Shell
Bull Case

green Wall Street bull icon

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

  • Shell recently reported earnings per share of $1.42, significantly exceeding analysts' expectations, indicating strong financial performance.
  • The company has authorized a substantial share buyback program worth $3.50 billion, suggesting that its leadership believes the stock is undervalued, which can enhance shareholder value.
  • Shell declared a quarterly dividend of $0.716 per share, translating to an annualized dividend of $2.86 and a yield of approximately 4.0%, providing a steady income stream for investors.
  • With a return on equity of 10.67%, Shell demonstrates effective management of shareholder equity, which is a positive indicator for potential investors.
  • The current stock price is around $78.64, reflecting a consensus target price that suggests potential for growth, making it an attractive investment opportunity.

Shell
Bear Case

red Wall Street bear icon

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

  • Shell's revenue for the last quarter was $66.44 billion, falling short of analysts' expectations of $69.31 billion, which may raise concerns about future growth prospects.
  • The company has a net margin of 4.93%, which, while positive, may indicate limited profitability compared to competitors in the energy sector.
  • Recent downgrades from analysts, including a reduction in target prices by firms like Wells Fargo and HSBC, could signal a lack of confidence in the stock's short-term performance.
  • Shell's payout ratio is currently at 64.41%, which, while manageable, suggests that a significant portion of earnings is being distributed as dividends, potentially limiting reinvestment in growth opportunities.
  • Market volatility in the energy sector can impact Shell's stock performance, making it a riskier investment in uncertain economic conditions.

SHEL Forecast - Frequently Asked Questions

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Shell is $76.71, with a high forecast of $82.00 and a low forecast of $70.00.

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shell in the last twelve months. There are currently 7 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SHEL shares.

According to analysts, Shell's stock has a predicted upside of 6.46% based on their 12-month stock forecasts.

Over the previous 90 days, Shell's stock had 3 downgrades by analysts.

Shell has been rated by research analysts at Hsbc Global Res, HSBC, Melius, Melius Research, Piper Sandler, Sanford C. Bernstein, Santander, Scotiabank, and Wells Fargo & Company in the past 90 days.

Analysts like Shell less than other "energy" companies. The consensus rating score for Shell is 2.59 while the average consensus rating score for "energy" companies is 2.64. Learn more on how SHEL compares to other companies.


This page (NYSE:SHEL) was last updated on 8/20/2025 by MarketBeat.com Staff
From Our Partners