Erste Group Bank Brokers Raise Earnings Estimates for Shell

Shell PLC Unsponsored ADR (NYSE:SHEL) – Research analysts at Erste Group Bank raised their FY2026 earnings estimates for shares of Shell in a research note issued on Friday, June 5th. Erste Group Bank analyst H. Engel now forecasts that the energy company will post earnings per share of $10.38 for the year, up from their prior forecast of $10.28. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for Shell’s current full-year earnings is $10.28 per share. Erste Group Bank also issued estimates for Shell’s FY2027 earnings at $9.28 EPS.

Shell (NYSE:SHEL) last announced its quarterly earnings results on Friday, May 8th. The energy company reported $2.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.14 by $0.30. The business had revenue of $69.69 billion for the quarter, compared to analyst estimates of $77.54 billion. Shell had a net margin of 6.85% and a return on equity of 11.18%.

Other equities research analysts have also issued research reports about the stock. Weiss Ratings lowered shares of Shell from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. Wells Fargo & Company boosted their price objective on shares of Shell from $77.00 to $94.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 9th. HSBC upgraded shares of Shell from a “hold” rating to a “buy” rating in a research note on Monday, May 18th. Wall Street Zen raised shares of Shell from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Finally, BNP Paribas Exane set a $101.00 price objective on shares of Shell and gave the company a “neutral” rating in a report on Friday, April 17th. Six equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat, Shell presently has an average rating of “Hold” and a consensus price target of $100.46.

Shell Price Performance

Shares of Shell stock opened at $86.14 on Thursday. The firm has a market cap of $241.50 billion, a PE ratio of 13.42, a price-to-earnings-growth ratio of 0.45 and a beta of 0.05. Shell has a 12-month low of $67.25 and a 12-month high of $94.90. The company has a quick ratio of 0.97, a current ratio of 1.27 and a debt-to-equity ratio of 0.38. The company’s fifty day simple moving average is $88.09 and its two-hundred day simple moving average is $81.57.

Hedge Funds Weigh In On Shell

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Kohmann Bosshard Financial Services LLC purchased a new stake in Shell during the fourth quarter valued at $26,000. Zions Bancorporation National Association UT boosted its holdings in shares of Shell by 186.7% in the fourth quarter. Zions Bancorporation National Association UT now owns 473 shares of the energy company’s stock valued at $35,000 after purchasing an additional 308 shares during the period. Nalls Sherbakoff Group LLC purchased a new position in Shell during the 4th quarter valued at about $36,000. Ares Financial Consulting LLC purchased a new position in shares of Shell in the 4th quarter valued at $38,000. Finally, Steigerwald Gordon & Koch Inc. lifted its position in shares of Shell by 51.3% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 649 shares of the energy company’s stock valued at $48,000 after buying an additional 220 shares during the last quarter. Institutional investors own 28.60% of the company’s stock.

Key Shell News

Here are the key news stories impacting Shell this week:

• Positive Sentiment: Shell and partners reported a significant light oil discovery at the Merlin-1X well offshore Namibia, a potentially encouraging exploration result that could add to future production prospects. Shell Balances Namibia Oil Find With Major Raízen Restructuring Bet
• Positive Sentiment: Shell said it is teaming with Kazakhstan on a digital geoscience platform to improve data analysis, unlock exploration potential, and support energy investment, which could help the company identify new opportunities more efficiently. Shell Teams Up With Kazakhstan to Advance Geoscience Platform
• Positive Sentiment: CEO Wael Sawan said restoring crude market equilibrium could take a year or longer, and that upside pressure on oil prices may persist, which is supportive for Shell’s upstream earnings if prices remain elevated. Restoring crude oil market equilibrium will take a year if not longer, Shell CEO says
• Positive Sentiment: Shell also announced another share buyback-related transaction, purchasing shares for cancellation, reinforcing its capital-return strategy and potentially supporting the stock. Transaction in Own Shares
• Neutral Sentiment: Shell’s involvement in Raízen’s debt restructuring helps preserve governance influence and stabilizes the Brazilian business, but it is more of a balance-sheet and portfolio-management story than a direct near-term earnings catalyst. Shell Balances Namibia Oil Find With Major Raízen Restructuring Bet
• Neutral Sentiment: Shell’s CEO highlighted ongoing security and geopolitical risks, including conflict-related threats to facilities, which underscores operating uncertainty but does not appear to be an immediate new financial development. Shell CEO Sawan Highlights Security Challenges Amid Global Conflicts

Shell Company Profile

Shell plc (NYSE: SHEL) is a global integrated energy company that operates across the full oil and gas value chain as well as in developing lower-carbon energy solutions. The company traces its roots to the early 20th century merger of Royal Dutch Petroleum and Shell Transport and Trading, and today it is organized to explore for and produce hydrocarbons, process and refine them, manufacture petrochemicals, and market fuel, lubricants and related products under the Shell brand around the world.

Shell’s principal activities include upstream exploration and production of oil and natural gas, integrated gas operations including liquefied natural gas (LNG), and downstream refining, supply and marketing.