Key Highlights:
- Shell (SHEL, Financial) is poised to report a first-quarter earnings increase of 34.2%.
- Analysts forecast a revenue rise of 9.2% to $79.13 billion.
- Consensus among analysts suggests a potential stock price upside of 17.43%.
Shell (SHEL) is preparing to release its first-quarter earnings report before the markets open on May 2nd. The anticipation around Shell's performance is growing as analysts predict a notable rise in earnings per share (EPS) to $1.61, representing a significant 34.2% surge compared to the same quarter last year. Meanwhile, revenues are expected to escalate by 9.2%, reaching an impressive $79.13 billion.
Wall Street Analysts Forecast
Turning to Wall Street's expectations, the one-year price targets for Shell PLC (SHEL, Financial) have been set by 14 analysts. The average price target is pegged at $76.46, with projections ranging from a high of $92.00 to a low of $38.88. This average target suggests a potential upside of 17.43% from the current stock price of $65.11. For further details on these estimates, visit the Shell PLC (SHEL) Forecast page.
In terms of brokerage recommendations, 15 firms have collectively assigned Shell PLC (SHEL, Financial) an average rating of 1.7, denoting an "Outperform" status. This rating is derived from a scale where 1 represents a Strong Buy and 5 signifies a Sell.
According to GuruFocus' calculations, the projected GF Value for Shell PLC (SHEL, Financial) in the next twelve months is estimated at $65.75. This reflects a modest upside of 0.98% from its current trading value of $65.11. The GF Value represents GuruFocus' evaluation of the fair market value based on the stock's historical trading multiples, past growth patterns, and future business performance projections. More in-depth information is available on the Shell PLC (SHEL) Summary page.
