Royal Dutch Shell A (alt) -> Shell plc, GB00BP6MXD84

Shell stock traded at GBp 3,596.50 before Q3 results date

Published on 10/04/2026 at 20:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Shell stock traded at GBp 3,596.50 on October 2, 2026, before its October results date. Q2 adjusted earnings reached USD 9.8 billion and cash flow exceeded USD 21 billion.

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Shell plc stock (ISIN GB00BP6MXD84) was last at GBp 3,596.50 on the London Stock Exchange on October 2, 2026, up GBp 7.50, or 0.21 percent, from the prior close. The next scheduled results date gives the market a concrete checkpoint: Shell will publish its third quarter 2026 results and interim dividend announcement on October 29, 2026, according to Shell Global.

Q3 results set the next test

The October 29 release follows a Q2 report that combined high earnings with substantial cash generation. Shell reported adjusted earnings of USD 9.8 billion for Q2 2026 and operating cash flow exceeding USD 21 billion, according to Shell Global.

The company also maintained its 2026 cash capital expenditure outlook at USD 24 billion to USD 26 billion and announced USD 3 billion of share buybacks. Q2 net debt stood at USD 42 billion, or USD 12 billion excluding leases, according to Shell Global.

Analysts lift targets cautiously

Bank of America raised its Shell price target to GBp 3,600 from GBp 3,550 on October 2, 2026, while retaining a Neutral rating, as reported by Markets Insider. The new target lies 0.10 percent above the October 2 LSE price, making the change a measured adjustment rather than a major reset.

The broader analyst picture is also restrained. MarketBeat lists a Hold consensus from 18 analysts, with 11 Hold ratings and 7 Buy ratings; its average twelve-month target is USD 106.08, with a high of USD 122.40 and a low of USD 90.00, according to MarketBeat. These consensus figures refer to Shell's USD-listed instrument and are therefore separate from the LSE price in GBp.

Shell stock remains below its yearly high

Shell stock was last at GBp 3,596.50 on October 2, 2026, with a session range of GBp 3,565 to GBp 3,625.10. The 52-week range stood at GBp 2,373 to GBp 3,758.50, placing the share 4.31 percent below its yearly high.