Erste Group Bank Has Positive View of Shell FY2026 Earnings

Shell PLC Unsponsored ADR (NYSE:SHEL) – Analysts at Erste Group Bank boosted their FY2026 EPS estimates for shares of Shell in a research report issued to clients and investors on Thursday, October 8th. Erste Group Bank analyst H. Engel now forecasts that the energy company will post earnings of $12.36 per share for the year, up from their previous forecast of $11.36. Erste Group Bank currently has a “Buy” rating on the stock. The consensus estimate for Shell’s current full-year earnings is $11.51 per share.

Shell (NYSE:SHEL) last issued its quarterly earnings data on Friday, July 31st. The energy company reported $3.52 EPS for the quarter, beating analysts’ consensus estimates of $3.23 by $0.29. Shell had a net margin of 8.55% and a return on equity of 14.34%. The firm had revenue of $94.66 billion for the quarter, compared to analysts’ expectations of $86.22 billion.

Several other research firms have also commented on SHEL. Weiss Ratings upgraded shares of Shell from a “buy (b)” rating to a “buy (a-)” rating in a research report on Thursday, October 8th. Wall Street Zen raised shares of Shell from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. UBS Group set a $90.00 price objective on Shell in a research report on Friday, September 25th. Zacks Research upgraded Shell from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 6th. Finally, TD Cowen raised their price target on Shell from $107.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, September 28th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $106.63.

Shell Stock Performance

Shares of SHEL opened at $102.95 on Wednesday. The company has a current ratio of 1.43, a quick ratio of 1.12 and a debt-to-equity ratio of 0.36. The stock has a market cap of $288.63 billion, a P/E ratio of 11.36, a PEG ratio of 0.86 and a beta of 0.10. The company has a 50-day moving average of $94.16 and a two-hundred day moving average of $88.98. Shell has a 12-month low of $68.63 and a 12-month high of $103.09.

Hedge Funds Weigh In On Shell

Institutional investors have recently modified their holdings of the company. Allied Investment Advisors LLC raised its position in shares of Shell by 1.0% in the third quarter. Allied Investment Advisors LLC now owns 206,455 shares of the energy company’s stock valued at $19,624,000 after buying an additional 2,112 shares during the last quarter. Signal Advisors Wealth LLC acquired a new stake in Shell during the third quarter worth approximately $220,000. Krilogy Financial LLC boosted its position in Shell by 6.4% during the third quarter. Krilogy Financial LLC now owns 3,005 shares of the energy company’s stock worth $305,000 after acquiring an additional 180 shares during the last quarter. Forvis Mazars Wealth Advisors LLC boosted its position in Shell by 9.8% during the third quarter. Forvis Mazars Wealth Advisors LLC now owns 8,415 shares of the energy company’s stock worth $800,000 after acquiring an additional 752 shares during the last quarter. Finally, Sax Wealth Advisors LLC grew its stake in Shell by 24.8% in the 3rd quarter. Sax Wealth Advisors LLC now owns 5,465 shares of the energy company’s stock worth $519,000 after acquiring an additional 1,086 shares during the period. Institutional investors and hedge funds own 28.60% of the company’s stock.

Trending Headlines about Shell

Here are the key news stories impacting Shell this week:

• Positive Sentiment: Refining margins point to a potentially strong quarter: Shell indicated that its refining margin could rise to approximately $42 per barrel, improving expectations for near-term earnings and cash flow. Shell refining margin article
• Positive Sentiment: Offshore production is recovering: Shell and Chevron are leading the restart of U.S. Gulf oil production following Hurricane Isaias, with facilities reporting no storm damage. A faster return to operations limits production losses. U.S. Gulf production recovery article
• Positive Sentiment: Growth investments and estimates improved: Shell agreed to acquire a 30% stake in Equinor’s Bay du Nord project in Canada, adding long-term offshore exposure while emphasizing capital discipline. Erste Group also raised its FY2027 EPS forecast to $10.20 from $9.60 and maintained a Buy rating. Bay du Nord and earnings estimate article
• Positive Sentiment: Energy-transition initiatives expanded: UK charging operator Source added its sites to the Shell Card roaming network, while Shell and Singapore LNG shipped their first bio-LNG volumes. These moves broaden Shell’s lower-carbon and mobility businesses. Shell Card charging network article
• Neutral Sentiment: Portfolio reshaping continued: Shell plans to sell its Nigerian domestic gas-distribution business to Vaaris Energy, simplifying the portfolio and releasing capital but also reducing exposure to a local growth operation. Shell Nigeria gas business sale article
• Negative Sentiment: Australia regulatory risk increased: Shell criticized Canberra’s proposed gas-reserve requirements, warning they could distort the market and cause market failure. The policy could constrain LNG exports or reduce pricing flexibility. Australia gas reserve plan article

Shell Company Profile

Shell plc is a global energy company headquartered in London, United Kingdom. Its operations span the exploration, production, processing, transportation and marketing of oil and natural gas, with an increasing focus on liquefied natural gas (LNG), lower-carbon energy and energy-transition solutions.

The company supplies fuels, lubricants, chemicals and other energy products to businesses, transportation customers and consumers. Shell also operates a network of retail service stations and provides charging services for electric vehicles, renewable power and related energy solutions.