This article first appeared on GuruFocus.

Shell PLC (LSE:SHEL) is set to release its Q2 2026 earnings on Jul 30, 2026. The consensus estimate for Q2 2026 revenue is $81.40 billion, and the earnings are expected to come in at $1.21 per share. The full year 2026’s revenue is expected to be $249.09 billion and the earnings are expected to be $3.61 per share. More detailed estimate data can be found on the Forecast page.

Shell PLC (LSE:SHEL) Estimates Trends

Over the past 90 days, revenue estimates for Shell PLC (LSE:SHEL) have increased for both 2026 and 2027. For the full year 2026, the estimate rose from $245.79 billion to $249.09 billion, while for 2027 it increased from $228.05 billion to $229.65 billion. Earnings estimates showed mixed movements: the full year 2026 earnings estimate increased from $3.52 per share to $3.61 per share, whereas the 2027 estimate declined from $3.34 per share to $3.30 per share over the same period.

Shell PLC (LSE:SHEL) Reported History

In the previous quarter of 2026-03-31, Shell PLC’s (LSE:SHEL) actual revenue was $52.41 billion, which missed analysts’ revenue expectations of $67.06 billion by -21.85%. Shell PLC’s (LSE:SHEL) actual earnings were $0.76 per share, which missed analysts’ earnings expectations of $1.05 per share by -27.76%. After releasing the results, Shell PLC (LSE:SHEL) was down by -2.32% in one day.

What To Expect From Shell PLC (LSE:SHEL) Q2 2026 Earnings What To Expect From Shell PLC (LSE:SHEL) Q2 2026 Earnings · us.finance.gurufocus Shell PLC (LSE:SHEL) 12 Month Price Targets

Based on the one-year price targets offered by 17 analysts, the average target price for Shell PLC (LSE:SHEL) is $38.42 with a high estimate of $69.44 and a low estimate of $27.54. The average target implies an upside of 18.77% from the current price of $32.35.

Based on GuruFocus estimates, the estimated GF Value for Shell PLC (LSE:SHEL) in one year is $30.77, suggesting a downside of -4.87% from the current price of $32.35.

Based on the consensus recommendation from 21 brokerage firms, Shell PLC’s (LSE:SHEL) average brokerage recommendation is currently 2.30, indicating a “Outperform” status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

What To Expect From Shell PLC (LSE:SHEL) Q2 2026 Earnings What To Expect From Shell PLC (LSE:SHEL) Q2 2026 Earnings · us.finance.gurufocus