A theoretical model for shear strength evaluation of fibrous concrete beams reinforced with stirrups is proposed. The formulation is founded on the theory of plasticity and the stress field concepts, generalizing a known plastic model for calculating the bearing capacity of reinforced concrete beams, to the case of fibrous concrete. The beneficial effect of steel fibres is estimated taking into account the residual tensile strength of fibrous concrete, by modifying an analytical constitutive law which presents a plastic plateau as a post-peak branch. Around fifty results of experimental tests carried out on steel fibrous concrete beams available in the literature were collected, and a comparison of shear strength estimation provided by other semi-empirical models is performed, proving that the numerical values obtained with the proposed model are in very good agreement with the experimental results.