Shell plc (SHEL) Stock Price & Analysis
Shell plc (SHEL) closed at USD 105.8 on Thursday, October 22, 2026, up 0.42% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 105.36; the Oct 22, 2026 session ranged USD 104.14–106.63 on volume of 4,180,979 shares. Market capitalization is $300.94B, with a 52-week range of USD 68.63–106.68 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:22 UTC.
Also available as compact Markdown for AI agents: nexqual.com/SHEL.md
Key facts (SHEL)
- 5 of 80 tracked superinvestors hold SHEL (13F, Q2 2026): 0 new, 1 added, 2 reduced, 2 unchanged.
- Analysts: Hold (mean 2.50 on a 1–5 scale) (16 analysts), mean target USD 105.56 (range 83–123).
- Total return with dividends: 1Y +44.9% vs S&P 500 +14.9%; 5Y +161.5% vs S&P 500 +80.3%.
- Next earnings: 2026-10-29, EPS estimate USD 3.7, revenue estimate $101B.
Superinvestors (SEC 13F-HR, Q2 2026) (SHEL)
5 of 80 tracked investors hold SHEL. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Richard Pzena | Pzena Investment Management | 0.59% | $200M | Reduced -19.3% |
| First Eagle Investment | First Eagle Investment Management | 0.14% | $83.2M | Added +1.5% |
| Christopher Bloomstran | Semper Augustus | 0.04% | $385K | Unchanged |
| Mairs & Power | Mairs & Power Funds | 0.01% | $631K | Unchanged |
| Dodge & Cox Funds | Dodge & Cox | <0.01% | $4.2M | Reduced -1.3% |
Analysts (SHEL)
Consensus Hold (mean 2.50 on a 1–5 scale), 16 analysts; mean target USD 105.56 (low 83, high 123).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-28 | TD Cowen | Target raised | Buy | $107 → $115 |
| 2026-09-03 | Piper Sandler | Target raised | Neutral | $89 → $100 |
| 2026-08-03 | Piper Sandler | Target raised | Neutral | $88 → $89 |
| 2026-07-31 | Wells Fargo | Target raised | Equal-Weight | $100 → $105 |
| 2026-07-20 | Mizuho | Initiated | Neutral | $98 |
Total return (dividends reinvested) (SHEL)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +44.9% | +161.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +45.1% | +21.1% |
| Volatility (annualized) | 22.9% | 23.8% |
| Max drawdown | -18.0% (Apr 2026→Jun 2026) | -20.9% (May 2022→Jul 2022) |
SHEL suppliers, customers and competitors (named in its 20-F)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Citadel Pacific | “￮In May 2025, we agreed to transfer ownership of our Indonesia mobility business to a joint venture between Citadel Pacific Limited and Sefas Group [A], and we signed an agreement to sell our Mexico mobility sites [A].” |
| Partner | Adura Energy | “We also completed the formation of the Adura Energy Limited joint venture, which is one of the largest independent producers in the UK North Sea.” |
| Partner | China National Petroleum | “Also in Queensland, we have a 50% interest in the Arrow joint venture with China National Petroleum Corporation (CNPC).” |
| Partner | Chevron (CVX) | “We have a 25% interest in the Chevron-operated Gorgon LNG joint venture that includes offshore production.” |
| Partner | CANADIAN NATURAL RESOURCES Ltd (CNQ) | “In November 2025, we completed the previously announced agreement with Canadian Natural Resources Limited to swap our remaining 10% interest in the Albian mining and extraction operations in exchange for an additional 10% interest in the Scotford upgrader and Quest Carbon Capture and Storage (CCS) facility.” |
| Partner | Atlantic Shores Offshore Wind | “￮In October 2025, we voluntarily withdrew from Atlantic Shores Offshore Wind, LLC, in the USA, assigning our 50% outstanding membership interest to our existing joint-venture partner, EDF-RE Offshore Development, LLC.” |
| Partner | EDF-RE Offshore Development | “￮In October 2025, we voluntarily withdrew from Atlantic Shores Offshore Wind, LLC, in the USA, assigning our 50% outstanding membership interest to our existing joint-venture partner, EDF-RE Offshore Development, LLC.” |
| Partner | Keppel | “￮In November 2025, we completed the sale of our 49% interest in Cleantech Renewable Assets Pte Ltd to our joint-venture partner Keppel Ltd.” |
| Partner | Shell Petroleum Development Company of Nigeria | “We improved efficiencies, and made divestments in Singapore (Bukom, Jurong), in Nigeria (SPDC) and in the UK to the Adura joint venture and ended several activities in our Downstream, Renewables and Energy Solutions business.” |
| Partner | ExxonMobil (XOM) | “Since 1963, NAM – a joint venture between Shell and ExxonMobil (50%:50%) – has been producing gas from the Groningen field, the largest gas field in Western Europe.” |
Quoted from the company's 20-F filed Mar 12, 2026.
Companies that name SHEL in their SEC reports
| Relationship to SHEL | Company | Filing | Sentence |
|---|---|---|---|
| partner | 17 Education & Technology Group Inc. (YQ) | 20-F Apr 29, 2026 | “The in-school teaching and learning solutions industry and after-school education industry in mainland China are competitive, and we expect competition in this sector to persist and intensify.” |
| partner | GasLog Partners LP (GLOP-PB) | 20-F Mar 19, 2026 | “For the years ended December 31, 2023, December 31, 2024 and December 31, 2025, 39%, 44% and 55%, respectively, of the Partnership's revenues were earned from subsidiaries of Shell plc and accounts receivable were not collateralized; however, management believes that the credit risk is partially offset by the creditworthiness of the Partnership's principal counterparty and the fact that the hire is being collected…” |
| supplier | Transocean Ltd. (RIG) | 10-K Feb 23, 2026 | “For the year ended December 31, 2025, our most significant customers were Petróleo Brasileiro S.A. (together with its affiliates, "Petrobras"), Shell plc (together with its affiliates, "Shell") and Equinor ASA (together with its affiliates, "Equinor"), representing 22 percent, 22 percent and 12 percent, respectively, of our consolidated operating revenues.” |
| supplier | PBF Energy Inc. (PBF) | 10-K Feb 12, 2026 | “For the years ended December 31, 2025 and December 31, 2024 only one customer, Shell plc ("Shell"), accounted for 10% or more of our revenues (approximately 13% and 13%, respectively).” |
SHEL analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $3.70 | $2.73 | +35.7% | $100.86B | 6 |
| Next quarter (ends Dec 2026) | $3.57 | $2.28 | +56.7% | $101.48B | 7 |
| Current fiscal year (ends Dec 2026) | $12.72 | $10.26 | +23.9% | $353.20B | 12 |
| Next fiscal year (ends Dec 2027) | $10.96 | $8.81 | +24.4% | $320.51B | 12 |
SHEL options: expected move
Options price a move of about ±3.7% (±$3.90) by Oct 30, 2026, which includes earnings on Oct 29, 2026.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 31.0% | ±3.7% |
| Nov 6, 2026 | 14 | 29.7% | ±4.8% |
| Nov 13, 2026 | 21 | 26.7% | ±5.6% |
| Nov 20, 2026 | 28 | 26.3% | ±6.1% |
| Nov 27, 2026 | 35 | 25.3% | ±6.4% |
| Dec 4, 2026 | 42 | 25.4% | ±7.0% |
| Dec 18, 2026 | 56 | 25.5% | ±8.0% |
| Jan 15, 2027 | 84 | 25.0% | ±9.6% |
30-day implied volatility 25.8% vs 21.9% realized over the last 30 trading days. Put/call ratio (volume) 0.57. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:22 UTC)
| Price | USD 105.8 |
|---|---|
| Change | ▲ 0.42% (up) |
| Previous Close | USD 105.36 |
| Open | USD 106.4 |
| Day Range | USD 104.14 – 106.63 |
| 52-Week Range | USD 68.63 – 106.68 |
| Volume | 4,180,979 shares |
| Market Cap | $300.94B |
| Exchange | NYQ |
Technical Analysis (SHEL)
Nexqual's technical model rates SHEL "BUY" based on 5 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 09:22 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 72.46 (overbought) |
| vs SMA50 | Above (USD 96.27) |
| MACD | 2.99 (positive) |
Analyst Ratings (SHEL)
Wall Street analysts rate SHEL "Hold" based on 16 analysts, with a mean price target of USD 105.56 (range USD 83–123), per Nexqual as of October 23, 2026 at 09:22 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 16 |
| Mean Target | USD 105.56 |
| High Target | USD 123 |
| Low Target | USD 83 |
| Buy / Hold / Sell | 7 / 9 / 0 |
Earnings (SHEL)
| Next Earnings Date | 2026-10-29 |
|---|---|
| EPS Estimate | USD 3.7 |
| Revenue Estimate | $100.86B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 3.52 vs est 3.18 ▲ beat |
| 2026-03-31 | USD 2.44 vs est 2.21 ▲ beat |
| 2025-12-31 | USD 1.14 vs est 1.29 ▼ miss |
| 2025-09-30 | USD 1.86 vs est 1.74 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Financials & Fundamentals (SHEL)
| Total Revenue | $296.60B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +44.70% |
| Gross Margin | +26.09% |
| Operating Margin | +16.69% |
| Profit Margin | +8.76% |
| ROE | +14.34% |
| Debt / Equity | 0.4 |
| Current Ratio | 1.44 |
| Total Cash | $31.37B |
| Total Debt | $73.08B |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Financial Health Score (SHEL)
Nexqual rates Shell plc's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:22 UTC.
| Growth | Weak — Revenue -6% YoY (annual), declining |
|---|---|
| Profitability | Solid — Gross margin 26%, operating 17% (last 12 months) |
| Balance Sheet | Solid — $31.4B cash vs $73.1B debt |
| Cash Flow | Solid — Operating cash flow $49.1B (TTM) |
| Efficiency | Mixed — ROE 14%, ROA 6.4% |
Ownership (SHEL)
| Insider Ownership | +0.01% |
|---|---|
| Institutional Ownership | +13.47% |
| Shares Outstanding | 2.84B |
| Float | 2.72B |
| Short % of Float | +1.28% |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Leadership (SHEL)
Shell plc is led by Wael Sawan, CEO & Director, per Nexqual as of October 23, 2026 at 09:22 UTC.
| CEO & Director | Wael Sawan |
|---|---|
| CFO & Director | Sinead Gorman |
| Executive Vice President of Chemicals | Graham Robert van't Hoff |
| Executive Vice President of Finance Downstream | Brian Paul Eggleston |
| Senior Vice President of Finance Mobility | Roland Alexander Ilube |
Major Backers & Investors (SHEL)
Notable institutional backers of Shell plc include FMR, LLC, Fisher Asset Management, LLC, Fidelity, according to Nexqual as of October 23, 2026 at 09:22 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 3.05% |
| Fisher Asset Management, LLC | 0.96% |
| Fidelity | 0.74% |
| Morgan Stanley | 0.38% |
| Goldman Sachs | 0.37% |
| Price (T.Rowe) Associates Inc | 0.34% |
| Orbis Allan Gray Ltd | 0.31% |
| DFA INVESTMENT TRUST CO-The DFA International Value Series | 0.3% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Dimensional Fund Advisors | 0.89% |
| State Street | 0.44% |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| CVX | Chevron Corporation | USD 226.68 | ▼ 0.04% |
| TTE | TotalEnergies SE | USD 90.96 | ▲ 0.69% |
| PBR | Petroleo Brasileiro S.A. Petrob | USD 25.62 | ▼ 0.16% |
| BP | BP p.l.c. | USD 50.05 | ▲ 0.4% |
| XOM | ExxonMobil Holdings Corporation | USD 178.23 | ▲ 0.08% |
| EQNR | Equinor ASA | USD 46.42 | ▲ 0.65% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:22 UTC. This page is informational and not investment advice.
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