Shell FY2027 Earnings Forecast Increased by Erste Group Bank

Shell PLC Unsponsored ADR (NYSE:SHEL) – Investment analysts at Erste Group Bank boosted their FY2027 earnings per share estimates for 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 per share of $10.20 for the year, up from their prior forecast of $9.60. Erste Group Bank has a “Buy” rating on the stock. The consensus estimate for Shell’s current full-year earnings is $11.28 per share.

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

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

Shell Trading Up 1.4%

NYSE:SHEL opened at $101.59 on Tuesday. Shell has a 1 year low of $68.63 and a 1 year high of $102.47. The stock has a market cap of $284.80 billion, a P/E ratio of 11.21, a P/E/G ratio of 0.87 and a beta of 0.10. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.12 and a current ratio of 1.43. The stock has a 50-day simple moving average of $93.90 and a 200-day simple moving average of $88.90.

Hedge Funds Weigh In On Shell

Several hedge funds have recently made changes to their positions in the company. Engineers Gate Manager LP increased its position in shares of Shell by 300.7% during the second quarter. Engineers Gate Manager LP now owns 840,770 shares of the energy company’s stock worth $65,193,000 after purchasing an additional 630,948 shares in the last quarter. Waverly Advisors LLC boosted its position in shares of Shell by 307.1% in the 2nd quarter. Waverly Advisors LLC now owns 407,847 shares of the energy company’s stock valued at $31,624,000 after purchasing an additional 307,671 shares during the period. Cibc World Market Inc. boosted its position in shares of Shell by 66.3% in the 2nd quarter. Cibc World Market Inc. now owns 586,039 shares of the energy company’s stock valued at $45,441,000 after purchasing an additional 233,634 shares during the period. Van ECK Associates Corp grew its stake in Shell by 44.3% during the 2nd quarter. Van ECK Associates Corp now owns 643,152 shares of the energy company’s stock worth $49,870,000 after buying an additional 197,551 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in Shell by 7.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,352,694 shares of the energy company’s stock worth $182,425,000 after buying an additional 171,873 shares during the last quarter. Hedge funds and other institutional investors own 28.60% of the company’s stock.

Shell News Summary

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, a substantial improvement that may boost near-term earnings and cash flow. Shell says refining margin will jump to $42 a barrel
• Positive Sentiment: Analyst raises Shell’s FY2027 earnings forecast. Erste Group Bank lifted its estimate to $10.20 per share from $9.60 and maintained a “Buy” rating. Although the new forecast remains below the broader current-year consensus of $11.28, the upgrade supports the improving earnings outlook.
• Positive Sentiment: Shell is expanding its Canadian upstream portfolio. The company will acquire a 30% stake in Equinor’s proposed Bay du Nord oil project, adding a long-term production opportunity while emphasizing capital discipline. Shell and Equinor deepen Canadian ties
• Positive Sentiment: Fuel-price increases may support downstream revenue. Shell matched Caltex’s three-cent petrol price increase in Singapore, potentially helping preserve local marketing margins. Shell matches Caltex petrol price hike
• Neutral Sentiment: Shell and Singapore LNG delivered their first bio-LNG volumes, supporting the company’s lower-carbon fuels strategy, though the immediate earnings impact is likely limited. Shell and Singapore LNG ship first bio-LNG volumes
• Negative Sentiment: Regulatory risk is increasing in Australia. Shell criticized Canberra’s proposed gas-reserve policy, warning it could distort supply incentives and cause market failure. Potential restrictions on LNG exports or mandatory domestic supply could pressure returns from Australian gas operations. Shell calls Australia’s gas reserve plan a sledgehammer

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.