Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 2, 2026, Shell plc (SHEL) has a Wall Street consensus price target of $85.67, based on estimates from 12 covering analysts. With the stock currently trading at $83.51, this represents a potential upside of +2.6%. The company has a market capitalization of $235.77B.
Analyst price targets range from a low of $77.00 to a high of $91.00, representing a 16% spread in expectations. The median target of $89.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 8 analysts rating the stock as a Buy or Strong Buy,4 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, SHEL trades at a trailing P/E of 13.9x and forward P/E of 13.4x. Analysts expect EPS to grow +1.4% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $88.37, with bear and bull scenarios of $-71.21 and $276.53 respectively. Model confidence stands at 55/100, reflecting moderate uncertainty in projections.
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Start ComparisonThe consensus price target for SHEL is $85.67, close to the current price of $83.51 (2.6% implied move). Based on 12 analyst estimates, the stock appears fairly valued near current levels.
SHEL has a consensus rating of "Buy" based on 12 Wall Street analysts. The rating breakdown is predominantly bullish, with 8 Buy/Strong Buy ratings. The consensus 12-month price target of $85.67 implies 2.6% upside from current levels.
With a forward P/E of 13.3965x, SHEL trades at a relatively low valuation. The consensus target of $85.67 implies 2.6% appreciation, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $91 for SHEL, while the most conservative target is $77. The consensus of $85.67 represents the median expectation. Our quantitative valuation model projects a bull case target of $277 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
SHEL is moderately covered, with 12 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 8 have Buy ratings, 4 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month SHEL stock forecast based on 12 Wall Street analysts shows a consensus price target of $85.67, with estimates ranging from $77 (bear case) to $91 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $88, with bear/bull scenarios of $-71/$277.
Our quantitative valuation model calculates SHEL's fair value at $88 (base case), with a bear case of $-71 and bull case of $277. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 55/100.
SHEL trades at a forward P/E ratio of 13.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 13.9x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
SHEL appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $85.67 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
SHEL analyst price targets range from $77 to $91, a 16% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $85.67 consensus represents the middle ground. Our model's $-71-$277 range provides an independent fundamental perspective.