Shell (SHEL) Stock Price Target 2026

The average analyst price target for Shell is $95.61, 2.7% below the current price. Of 11 analysts, 5 rate it Buy and 6 Hold. Targets range from $70 to $122.40. The latest change came on Oct 30, 2026, when Wells Fargo raised its price target on Shell from $105 to $116 and kept an Equal-Weight rating.

The Average Analyst Price Target for Shell is $95.61.

Price Target Range — 12 Quarters

Analyst Consensus — 11 Analysts

5Buy

6Hold

Consensus RatingBuy# Analysts11Avg. Consensus PT$95.61Upside to Avg. PT-2.7%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for Shell Stock

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Oct 30, 2026	Wells Fargo	Sam Margolin	PT Raise	Equal-Weight	$105→$116
Sep 28, 2026	TD Cowen	Jason Gabelman	PT Raise	Buy	$107→$115
Sep 3, 2026	Piper Sandler	John Royall	PT Raise	Neutral	$89→$100
Aug 3, 2026	Piper Sandler	John Royall	PT Raise	Neutral	$88→$89
Jul 31, 2026	Wells Fargo	Sam Margolin	PT Raise	Equal-Weight	$100→$105
Jul 23, 2026	Piper Sandler	John Royall	Assumes	Overweight→Neutral	$88
Jul 20, 2026	Mizuho	Nitin Kumar	Initiate	Neutral	$98
May 21, 2026	Jefferies	Mark Wilson	PT Raise	Buy	$120→$122
Apr 22, 2026	Scotiabank	Betty Zhang	PT Raise	Sector Outperform	$91→$122
Apr 10, 2026	TD Cowen	Jason Gabelman	PT Cut	Buy	$112→$110
Apr 9, 2026	Wells Fargo	Sam Margolin	PT Raise	Equal-Weight	$77→$94
Mar 12, 2026	Piper Sandler	Ryan Todd	PT Raise	Overweight	$89→$106
Feb 6, 2026	Wells Fargo	Sam Margolin	PT Cut	Equal-Weight	$78→$77
Feb 6, 2026	Piper Sandler	Ryan Todd	PT Cut	Overweight	$93→$89
Jan 8, 2026	Piper Sandler	Ryan Todd	PT Raise	Overweight	$90→$92
Nov 25, 2025	UBS	—	Downgrade	Buy→Neutral	—
Nov 10, 2025	Piper Sandler	Ryan Todd	PT Raise	Overweight	$87→$90
Oct 31, 2025	TD Cowen	Jason Gabelman	PT Raise	Buy	$80→$82
Oct 17, 2025	Wells Fargo	Sam Margolin	Initiate	Equal-Weight	$76
Oct 9, 2025	Scotiabank	Paul Cheng	PT Raise	Sector Outperform	$80→$91