# Shell (SHEL) — Analyst Forecast

SHEL · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/shel/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Hold | 14 | 19 | 0 | 33 |

## Price target

| Low | Average | High | Analysts |
| --- | --- | --- | --- |
| $98.00 | $104.50 | $115.00 | 4 |

Last price $103.55 (as of Oct 16, 2026).

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Sep 28, 2026 | TD Cowen | Maintained | Buy | $115.00 |
| Sep 3, 2026 | Piper Sandler | Maintained | Neutral | $100.00 |
| Aug 3, 2026 | Piper Sandler | Maintained | Neutral | $89.00 |
| Jul 31, 2026 | Wells Fargo | Maintained | Equal-Weight | $105.00 |
| Jul 23, 2026 | Piper Sandler | Initiated Coverage | Overweight → Neutral | $88.00 |
| Jul 20, 2026 | Mizuho | Initiated Coverage | Neutral | $98.00 |
| May 21, 2026 | Jefferies | Maintained | Buy | $122.40 |
| Apr 22, 2026 | Scotiabank | Maintained | Sector Outperform | $122.00 |
| Apr 10, 2026 | TD Cowen | Maintained | Buy | $110.00 |
| Apr 9, 2026 | Wells Fargo | Maintained | Equal-Weight | $94.00 |
| Mar 12, 2026 | Piper Sandler | Maintained | Overweight | $106.00 |
| Feb 6, 2026 | Piper Sandler | Maintained | Overweight | $89.00 |
| Feb 6, 2026 | Wells Fargo | Maintained | Equal-Weight | $77.00 |
| Jan 8, 2026 | Piper Sandler | Maintained | Overweight | $92.00 |
| Nov 25, 2025 | UBS | Downgraded | Buy → Neutral | — |
| Nov 10, 2025 | Piper Sandler | Maintained | Overweight | $90.00 |
| Oct 31, 2025 | TD Cowen | Maintained | Buy | $82.00 |
| Oct 17, 2025 | Wells Fargo | Initiated Coverage | Equal-Weight | $76.00 |
| Oct 9, 2025 | Scotiabank | Maintained | Sector Outperform | $91.00 |
| Oct 8, 2025 | Wolfe Research | Downgraded | Outperform → Peer Perform | — |

## Frequently Asked Questions

### What is the price target for SHEL stock?

The average 12-month analyst price target for Shell (SHEL) is $104.50, with a high estimate of $115.00 and a low of $98.00, across 4 analysts.

### Is SHEL a buy, sell, or hold?

Analysts covering Shell currently average a Hold rating: 14 buy, 19 hold and 0 sell, from 33 analysts. Ratings reflect analyst opinion, not investment advice.

### What upside do analysts see for SHEL?

The average price target of $104.50 implies 0.92% upside from the last price of $103.55.

### What is the latest analyst rating on SHEL?

On Sep 28, 2026, TD Cowen maintained Shell at Buy with a price target of $115.00.

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Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).