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Chevron (CVX) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

CVX Stock Forecast

Chevron stock forecast is as follows: an average price target of $170.33 (represents a 15.00% upside from CVX’s last price of $148.11) and a rating consensus of 'Buy', based on 26 wall street analysts offering a 1-year stock forecast.

CVX Price Target

The average price target for Chevron (CVX) is $170.33 based on 1-year price targets from 26 Wall Street analysts in the past 3 months, with a price target range of $200.00 to $138.00. This represents a potential 15.00% upside from CVX's last price of $148.11.

CVX Analyst Ratings

Buy

According to 26 Wall Street analysts, Chevron's rating consensus is 'Buy'. The analyst rating breakdown for CVX stock is 0 'Strong Buy' (0.00%), 22 'Buy' (84.62%), 4 'Hold' (15.38%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Chevron Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 09, 2024Ryan ToddPiper Sandler$184.00$157.7916.61%24.23%
Nov 04, 2024Neal DingmannTruist Financial$155.00$153.970.67%4.65%
Oct 21, 2024Neal DingmannTruist Financial$150.00$150.75-0.50%1.28%
Oct 17, 2024Jean Ann SalisburyBank of America Securities$168.00$148.7312.96%13.43%
Oct 10, 2024Paul ChengScotiabank$163.00$149.658.92%10.05%
Oct 02, 2024Betty JiangBarclays$168.00$149.7012.22%13.43%
Aug 06, 2024Betty JiangBarclays$185.00$144.6627.89%24.91%
Aug 05, 2024Neil MehtaGoldman Sachs$177.00$144.7722.26%19.51%
Aug 05, 2024Neal DingmannTruist Financial$154.00$144.776.38%3.98%
Aug 05, 2024Biraj BorkhatariaRBC Capital$180.00$148.5521.17%21.53%
Aug 02, 2024Bob BrackettBernstein$138.00$152.62-9.58%-6.83%
Jul 17, 2024Frank LeeHSBC$200.00$160.3824.70%35.03%
Jul 17, 2024Bob BrackettBernstein$167.00$157.775.85%12.75%
May 17, 2024Neil MehtaGoldman Sachs$175.00$162.727.55%18.16%
Apr 30, 2024Roger ReadWells Fargo$206.00$161.2727.74%39.09%
Apr 30, 2024Kim FustierHSBC$178.00$161.2710.37%20.18%
Apr 18, 2024Ryan ToddPiper Sandler$204.00$157.6229.43%37.74%
Apr 11, 2024Paul ChengScotiabank$195.00$162.6719.87%31.66%
Apr 08, 2024Josh SilversteinUBS$197.00$161.2722.16%33.01%
Apr 08, 2024Lloyd ByrneJefferies$190.00$161.6017.57%28.28%
Apr 04, 2024Roger ReadWells Fargo$198.00$160.4423.41%33.68%
Mar 20, 2024Nitin KumarMizuho Securities$200.00$154.5529.41%35.03%
Mar 14, 2024Ryan ToddPiper Sandler$180.00$155.7015.61%21.53%
Feb 02, 2024Paul ChengScotiabank$170.00$147.8914.95%14.78%
Jan 08, 2024Lloyd ByrneJefferies$184.00$149.5023.08%24.23%
Nov 02, 2023Bob BrackettBernstein$182.00$147.6423.27%22.88%
Jul 31, 2023Neil MehtaGoldman Sachs$187.00$158.8717.71%26.26%
Jun 22, 2023Ryan ToddPiper Sandler$188.00$152.7923.04%26.93%
May 31, 2023John M RoyallJ.P. Morgan$170.00$150.6212.87%14.78%
Mar 08, 2023Justin JenkinsRaymond James$212.00$164.0429.24%43.14%
Jan 10, 2023Wells Fargo$202.00$176.2014.64%36.39%
Jan 09, 2023Edward KellyWells Fargo$87.00$176.56-50.72%-41.26%
Jan 03, 2023Barclays$212.00$178.0819.05%43.14%
Dec 19, 2022Piper Sandler$199.00$168.7217.95%34.36%
Dec 14, 2022Lucas HerrmannBNP Paribas$190.00$174.089.15%28.28%
Nov 01, 2022Gordon GrayHSBC$177.00$180.90-2.16%19.51%
Sep 12, 2022Piper Sandler$190.00$159.9718.77%28.28%
Sep 06, 2022Morgan Stanley$193.00$156.5523.28%30.31%
Aug 29, 2022Morgan Stanley$187.00$166.0012.65%26.26%
Aug 15, 2022Cowen & Co.$120.00$155.29-22.72%-18.98%
Aug 01, 2022Wells Fargo$185.00$163.7812.96%24.91%
Aug 01, 2022Raymond James$185.00$163.7812.96%24.91%
Jul 19, 2022Truist Financial$166.00$141.8817.00%12.08%
Jul 19, 2022Morgan Stanley$190.00$141.4334.35%28.28%
Jul 19, 2022Piper Sandler$189.00$139.5835.41%27.61%
Jul 13, 2022Citigroup$150.00$138.927.98%1.28%
Jul 05, 2022Neal DingmannTruist Financial$170.00$146.5116.03%14.78%
Jun 16, 2022Manav GuptaCredit Suisse$202.00$156.8728.77%36.39%
Jun 08, 2022Goldman Sachs$181.00$180.200.44%22.21%
Jun 07, 2022Jason GabelmanGoldman Sachs$179.00$180.03-0.57%20.86%
Jun 07, 2022Cowen & Co.$179.00$176.831.23%20.86%
Jun 06, 2022Morgan Stanley$185.00$177.604.17%24.91%
Jun 06, 2022Jeanine WaiBarclays$196.00$177.6010.36%32.33%
May 03, 2022Neal DingmannTruist Financial$181.00$159.7513.30%22.21%
May 02, 2022Credit Suisse$190.00$159.2419.32%28.28%
May 02, 2022Wells Fargo$181.00$156.6715.53%22.21%
May 02, 2022Sam MargolinWolfe Research$197.00$159.7523.32%33.01%
Apr 26, 2022Neal DingmannTruist Financial$186.00$156.5318.83%25.58%
Apr 22, 2022Morgan Stanley$188.00$163.8514.74%26.93%
Apr 21, 2022RBC Capital$165.00$172.53-4.36%11.40%
Apr 09, 2022Luiz CarvalhoUBS$192.00$169.9312.99%29.63%
Mar 21, 2022Gordon GrayHSBC$165.00$164.640.22%11.40%
Mar 14, 2022Devin McDermottMorgan Stanley$166.00$166.72-0.43%12.08%
Mar 11, 2022Roger ReadWells Fargo$184.00$170.907.67%24.23%
Mar 04, 2022John GerdesMKM Partners$157.00$158.65-1.04%6.00%
Mar 03, 2022Neal DingmannTruist Financial$160.00$156.222.42%8.03%
Mar 03, 2022Jason GabelmanCowen & Co.$160.00$156.222.42%8.03%
Mar 02, 2022Phillip JungwirthBMO Capital$170.00$154.1410.29%14.78%
Mar 02, 2022Ryan ToddPiper Sandler$173.00$154.1412.24%16.81%
Mar 02, 2022Werner EisenmannDZ BANK AG$167.00$154.148.34%12.75%
Mar 02, 2022Stephen RichardsonEvercore ISI$145.00$154.14-5.93%-2.10%
Mar 02, 2022Sam MargolinWolfe Research$168.00$154.148.99%13.43%
Mar 02, 2022Alastair SymeCitigroup$145.00$154.14-5.93%-2.10%
Mar 01, 2022Justin JenkinsRaymond James$173.00$149.7215.55%16.81%
Feb 28, 2022Doug LeggateBank of America Securities$167.00$144.0015.97%12.75%
Feb 25, 2022Manav GuptaCredit Suisse$152.00$140.388.28%2.63%
Feb 23, 2022Jason GabelmanCowen & Co.$140.00$135.553.28%-5.48%
Jan 31, 2022Neil MehtaGoldman Sachs$142.00$129.969.26%-4.13%
Jan 30, 2022Jon RigbyUBS$150.00$130.6114.85%1.28%
Jan 16, 2022Neal DingmannTruist Financial$167.00$128.9629.50%12.75%
Nov 02, 2021Bill SeleskyArgus Research$127.00$111.3614.04%-14.25%
Oct 22, 2021Irene HimonaSociete Generale$130.00$110.3517.81%-12.23%

The latest Chevron stock forecast, released on Dec 09, 2024 by Ryan Todd from Piper Sandler, set a price target of $184.00, which represents a 16.61% increase from the stock price at the time of the forecast ($157.79), and a 24.23% increase from CVX last price ($148.11).

Chevron Price Target by Period

1M3M12M
# Anlaysts1625
Avg Price Target$184.00$164.67$178.64
Last Closing Price$148.11$148.11$148.11
Upside/Downside24.23%11.18%20.61%

In the current month, the average price target of Chevron stock is $184.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 24.23% increase as opposed to Chevron's last price of $148.11. This month's average price target is up 11.74% compared to last quarter, and up 3.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 09, 2024Piper SandlerOverweightOverweightHold
Nov 26, 2024CitigroupSellBuyUpgrade
Oct 10, 2024ScotiabankOutperformOutperformHold
Oct 02, 2024BarclaysOverweightOverweightHold
Aug 06, 2024BarclaysOverweightOverweightHold
Aug 05, 2024Cowen & Co.HoldHoldHold
Aug 05, 2024RBC CapitalOutperformOutperformHold
Aug 02, 2024BernsteinOutperformOutperformHold
Jul 17, 2024Wolfe ResearchBuyPeer PerformInitialise
Jul 16, 2024BernsteinOutperformMarket PerformDowngrade
May 17, 2024Goldman SachsBuyBuyHold
Apr 30, 2024HSBCBuyBuyHold
Apr 30, 2024Wells FargoOverweightOverweightHold
Apr 18, 2024Piper SandlerOverweightOverweightHold
Apr 11, 2024ScotiabankPerformOutperformUpgrade
Apr 08, 2024UBSBuyBuyHold
Apr 08, 2024JefferiesBuyBuyHold
Apr 04, 2024Wells FargoOverweightOverweightHold
Apr 01, 2024Goldman SachsBuyBuyHold
Feb 02, 2024Raymond JamesOutperformOutperformHold
Feb 02, 2024ScotiabankSector OutperformPerformDowngrade
Jan 23, 2024Cowen & Co.OutperformMarket PerformDowngrade
Jan 08, 2024JefferiesBuyUpgrade
Nov 02, 2023BernsteinOutperformUpgrade
Oct 30, 2023Raymond JamesOutperformBuyUpgrade
Oct 30, 2023Raymond JamesOutperformOutperformHold
Oct 30, 2023Bank of America SecuritiesBuyUpgrade
Oct 12, 2023Exane BNP ParibasNeutralOutperformUpgrade
Aug 16, 2023Mizuho SecuritiesNeutralBuyUpgrade
Jul 31, 2023Goldman SachsSellBuyUpgrade
Jul 20, 2023UBSBuyBuyHold
Jul 11, 2023Mizuho SecuritiesNeutralNeutralHold
Jun 22, 2023B. Riley SecuritiesBuyBuyHold
Jun 22, 2023Piper SandlerOverweightOverweightHold
May 31, 2023J.P. MorganNeutralUpgrade
May 31, 2023Hovde GroupOutperformInitialise
May 31, 2023RBC CapitalSector PerformOutperformInitialise
May 31, 2023Goldman SachsNeutralSellInitialise
May 31, 2023William BlairOutperformInitialise
May 23, 2023CitigroupNeutralSellDowngrade
May 23, 2023Piper SandlerOverweightNeutralDowngrade
May 23, 2023RBC CapitalSector OutperformSector PerformDowngrade
May 23, 2023JMP SecuritiesPerformDowngrade
May 23, 2023Credit SuisseOutperformNeutralDowngrade
May 22, 2023CFRABuyUpgrade
Apr 13, 2023ScotiabankSector OutperformUpgrade
Apr 04, 2023Exane BNP ParibasUnderperformNeutralUpgrade
Jan 09, 2023Wells FargoOverweightOverweightHold
Jan 03, 2023BarclaysOverweightOverweightHold
Dec 19, 2022Piper SandlerOverweightOverweightHold
Dec 14, 2022Exane BNP ParibasUnderperformDowngrade
Nov 11, 2022Piper SandlerOverweightOverweightHold
Oct 31, 2022Raymond JamesOutperformOutperformHold
Sep 12, 2022Piper SandlerOverweightOverweightHold
Aug 29, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Aug 15, 2022Cowen & Co.OutperformOutperformHold
Aug 04, 2022Societe GeneraleBuyUpgrade
Aug 01, 2022Wells FargoOverweightOverweightHold
Aug 01, 2022Raymond JamesOutperformOutperformHold
Jul 20, 2022HSBCHoldBuyUpgrade
Jul 19, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jul 19, 2022Piper SandlerOverweightOverweightHold
Jul 13, 2022CitigroupNeutralNeutralHold
Jul 06, 2022Wells FargoOverweightOverweightUpgrade
Jul 01, 2022Cowen & Co.OutperformOutperformHold
Jun 09, 2022Credit SuisseOutperformOutperformHold
Jun 07, 2022Goldman SachsNeutralNeutralHold
Jun 07, 2022Cowen & Co.OutperformOutperformHold
Jun 06, 2022Morgan StanleyEqual-WeightEqual-WeightHold
May 31, 2022BarclaysOverweightOverweightHold
May 23, 2022CitigroupNeutralNeutralHold
May 02, 2022Wells FargoOverweightOverweightHold
May 02, 2022Credit SuisseOutperformOutperformHold
May 02, 2022Raymond JamesOutperformOutperformHold
May 02, 2022Wolfe ResearchBuyBuyHold
Apr 09, 2022UBSBuyBuyHold
Mar 21, 2022HSBCHoldHoldHold
Mar 11, 2022Wells FargoOverweightOverweightHold
Mar 05, 2022MKM PartnersBuyBuyHold
Mar 03, 2022Piper SandlerOverweightOverweightHold
Mar 02, 2022BMO CapitalOutperformOutperformHold
Feb 25, 2022Credit SuisseOutperformOutperformHold
Jan 30, 2022UBSBuyBuyHold
Jan 25, 2022Morgan StanleyOverweightOverweightHold
Jan 05, 2022Wells FargoEqual-WeightOverweightUpgrade
Nov 28, 2021RBC CapitalSector OutperformUpgrade
Nov 15, 2021UBSBuyUpgrade
Nov 07, 2021Wells FargoEqual-WeightEqual-WeightHold
Apr 11, 2021Goldman SachsNeutralDowngrade

Chevron's last stock rating was published by Piper Sandler on Dec 09, 2024. The company gave CVX a "Overweight" rating, the same as its previous rate.

Chevron Financial Forecast

Chevron Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue----------------$47.18B$51.92B$47.22B$48.84B$54.52B$63.51B$65.37B$52.31B$45.86B$42.55B$36.12B$31.08B$24.84B$24.00B
Avg Forecast$81.09B$78.00B$75.03B$72.17B$53.36B$52.84B$52.71B$52.55B$52.36B$49.49B$48.20B$48.20B$48.03B$48.86B$50.66B$48.42B$50.93B$52.52B$46.73B$48.60B$52.68B$60.26B$58.66B$47.95B$45.34B$39.97B$36.33B$32.54B$25.82B$25.84B
High Forecast$87.38B$84.05B$80.84B$77.76B$57.50B$56.94B$56.80B$56.63B$56.42B$53.33B$51.94B$52.32B$51.51B$49.78B$51.65B$48.42B$55.38B$64.39B$50.35B$52.37B$56.76B$60.26B$58.66B$47.95B$45.34B$39.97B$36.33B$32.54B$25.82B$25.84B
Low Forecast$73.85B$71.04B$68.33B$65.72B$48.60B$48.12B$48.01B$47.86B$47.69B$45.08B$43.90B$43.21B$43.21B$47.95B$49.67B$48.42B$47.59B$38.04B$42.56B$44.27B$47.97B$60.26B$58.66B$47.95B$45.34B$39.97B$36.33B$32.54B$25.82B$25.84B
# Analysts444444443335633368544343545453
Surprise %----------------0.93%0.99%1.01%1.00%1.04%1.05%1.11%1.09%1.01%1.06%0.99%0.95%0.96%0.93%

Chevron's average Quarter revenue forecast for Mar 24 based on 3 analysts is $48.42B, with a low forecast of $48.42B, and a high forecast of $48.42B. CVX's average Quarter revenue forecast represents a 2.63% increase compared to the company's last Quarter revenue of $47.18B (Dec 23).

Chevron EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts444444443335633368544343545453
EBITDA----------------$9.86B$8.86B$7.96B$9.64B$14.73B$19.14B$19.83B$12.89B$11.93B$12.53B$9.12B$6.64B$3.72B$4.14B
Avg Forecast$17.28B$16.62B$15.99B$15.38B$11.37B$11.26B$11.23B$11.20B$11.16B$10.55B$10.27B$10.27B$10.23B$10.41B$10.79B$15.25B$10.85B$11.19B$9.96B$13.86B$15.47B$14.05B$13.67B$12.60B$10.57B$9.32B$8.47B$6.64B$6.02B$6.02B
High Forecast$18.62B$17.91B$17.23B$16.57B$12.25B$12.13B$12.10B$12.07B$12.02B$11.36B$11.07B$11.15B$10.98B$10.61B$11.01B$18.30B$11.80B$13.72B$10.73B$16.64B$18.57B$14.05B$13.67B$15.13B$10.57B$9.32B$8.47B$7.97B$6.02B$6.02B
Low Forecast$15.74B$15.14B$14.56B$14.00B$10.35B$10.25B$10.23B$10.20B$10.16B$9.60B$9.35B$9.21B$9.21B$10.22B$10.58B$12.20B$10.14B$8.11B$9.07B$11.09B$12.38B$14.05B$13.67B$10.08B$10.57B$9.32B$8.47B$5.31B$6.02B$6.02B
Surprise %----------------0.91%0.79%0.80%0.70%0.95%1.36%1.45%1.02%1.13%1.34%1.08%1.00%0.62%0.69%

3 analysts predict CVX's average Quarter EBITDA for Mar 24 to be $15.25B, with a high of $18.30B and a low of $12.20B. This is 54.61% upper than Chevron's previous annual EBITDA (Dec 23) of $9.86B.

Chevron Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts444444443335633368544343545453
Net Income----------------$2.24B$6.53B$6.01B$6.57B$6.35B$11.23B$11.62B$6.26B$5.08B$6.11B$3.08B$1.38B$-665.00M$-207.00M
Avg Forecast$7.65B$7.68B$7.72B$7.32B$6.48B$6.47B$6.16B$5.77B$5.30B$5.12B$4.95B$4.56B$4.26B$4.38B$5.30B$7.36B$5.77B$6.69B$5.27B$6.70B$6.56B$8.96B$9.33B$6.09B$5.73B$4.04B$2.91B$1.38B$168.29M$-470.37M
High Forecast$8.42B$8.46B$8.50B$8.06B$7.14B$7.12B$6.79B$6.35B$5.83B$5.63B$5.45B$6.41B$6.19B$4.82B$5.30B$8.84B$6.16B$7.51B$5.80B$8.03B$7.87B$8.96B$9.33B$7.30B$5.73B$4.04B$2.91B$1.65B$168.29M$-470.37M
Low Forecast$6.76B$6.79B$6.83B$6.47B$5.73B$5.72B$5.45B$5.10B$4.69B$4.52B$4.38B$3.44B$3.58B$3.87B$5.29B$5.89B$5.35B$5.18B$4.66B$5.36B$5.25B$8.96B$9.33B$4.87B$5.73B$4.04B$2.91B$1.10B$168.29M$-470.37M
Surprise %----------------0.39%0.98%1.14%0.98%0.97%1.25%1.25%1.03%0.89%1.51%1.06%1.00%-3.95%0.44%

Chevron's average Quarter net income forecast for Mar 24 is $7.36B, with a range of $5.89B to $8.84B. CVX's average Quarter net income forecast represents a 228.35% increase compared to the company's last Quarter net income of $2.24B (Dec 23).

Chevron SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts444444443335633368544343545453
SG&A----------------$254.00M$1.16B-$881.00M$1.45B$1.03B$863.00M$967.00M$1.27B$657.00M$1.10B$990.00M$1.13B$832.00M
Avg Forecast$2.26B$2.17B$2.09B$2.01B$1.49B$1.47B$1.47B$1.46B$1.46B$1.38B$1.34B$1.34B$1.34B$1.36B$1.41B$1.14B$1.42B$1.46B$1.30B$1.03B$1.65B$1.48B$1.44B$940.39M$1.11B$982.20M$892.60M$990.00M$634.34M$634.85M
High Forecast$2.44B$2.34B$2.25B$2.17B$1.60B$1.59B$1.58B$1.58B$1.57B$1.49B$1.45B$1.46B$1.44B$1.39B$1.44B$1.37B$1.54B$1.79B$1.40B$1.24B$1.98B$1.48B$1.44B$1.13B$1.11B$982.20M$892.60M$1.19B$634.34M$634.85M
Low Forecast$2.06B$1.98B$1.90B$1.83B$1.35B$1.34B$1.34B$1.33B$1.33B$1.26B$1.22B$1.20B$1.20B$1.34B$1.38B$910.29M$1.33B$1.06B$1.19B$827.54M$1.32B$1.48B$1.44B$752.31M$1.11B$982.20M$892.60M$792.00M$634.34M$634.85M
Surprise %----------------0.18%0.79%-0.85%0.88%0.69%0.60%1.03%1.14%0.67%1.23%1.00%1.78%1.31%

Chevron's average Quarter SG&A projection for Mar 24 is $1.14B, based on 3 Wall Street analysts, with a range of $910.29M to $1.37B. The forecast indicates a 347.98% rise compared to CVX last annual SG&A of $254.00M (Dec 23).

Chevron EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts444444443335633368544343545453
EPS----------------$1.20$3.48$3.22$3.49$3.34$5.81$5.98$3.23$2.65$3.19$1.61$0.72$-0.33$-0.12
Avg Forecast$4.24$4.25$4.27$4.05$3.59$3.58$3.41$3.19$2.93$2.83$2.74$2.52$2.36$2.42$2.93$2.92$3.19$3.70$2.91$3.40$4.33$4.89$5.09$3.40$3.13$2.20$1.59$0.89$0.09$-0.26
High Forecast$4.66$4.68$4.70$4.46$3.95$3.94$3.76$3.51$3.23$3.12$3.02$3.55$3.42$2.67$2.93$2.92$3.41$4.16$3.21$3.74$4.77$4.89$5.09$3.40$3.13$2.20$1.59$0.89$0.09$-0.26
Low Forecast$3.74$3.76$3.78$3.58$3.17$3.17$3.02$2.82$2.59$2.50$2.42$1.90$1.98$2.14$2.93$2.92$2.96$2.87$2.58$3.01$3.83$4.89$5.09$3.40$3.13$2.20$1.59$0.89$0.09$-0.26
Surprise %----------------0.38%0.94%1.10%1.03%0.77%1.19%1.17%0.95%0.85%1.45%1.01%0.81%-3.60%0.47%

According to 3 Wall Street analysts, Chevron's projected average Quarter EPS for Mar 24 is $2.92, with a low estimate of $2.92 and a high estimate of $2.92. This represents a 143.35% increase compared to CVX previous annual EPS of $1.20 (Dec 23).

Chevron Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
EQNREquinor ASA$22.68$82.50263.76%Hold
CVECenovus Energy$14.77$31.00109.88%Buy
SUSuncor Energy$35.84$65.0081.36%Buy
BPBP p.l.c.$29.08$47.5063.34%Buy
SHELShell$61.88$88.0042.21%Buy
TTETotalEnergies SE$54.25$77.0041.94%Hold
XOMExxon Mobil$108.01$133.1123.24%Buy
PBRPetróleo Brasileiro S.A. - Petrobras$13.52$16.5022.04%Buy
CVXChevron$148.11$170.3315.00%Buy
ECEcopetrol$7.89$8.507.73%Buy
YPFYPF Sociedad Anónima$44.88$29.50-34.27%Buy

CVX Forecast FAQ

Is Chevron a good buy?

Yes, according to 26 Wall Street analysts, Chevron (CVX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 22 'Buy' recommendations, accounting for 84.62% of CVX's total ratings.

What is CVX's price target?

Chevron (CVX) average price target is $170.33 with a range of $138 to $200, implying a 15.00% from its last price of $148.11. The data is based on 26 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Chevron stock go up soon?

According to Wall Street analysts' prediction for CVX stock, the company can go up by 15.00% (from the last price of $148.11 to the average price target of $170.33), up by 35.03% based on the highest stock price target, and down by -6.83% based on the lowest stock price target.

Can Chevron stock reach $200?

CVX's average twelve months analyst stock price target of $170.33 does not support the claim that Chevron can reach $200 in the near future.

What is Chevron's current price target trend?

1 Wall Street analyst forecast a $184 price target for Chevron (CVX) this month, up 24.23% from its last price of $148.11. Compared to the last 3 and 12 months, the average price target increased by 11.18% and increased by 20.61%, respectively.

What are Chevron's analysts' financial forecasts?

Chevron's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $211.46B (high $227.86B, low $192.58B), average EBITDA is $45.06B (high $48.55B, low $41.03B), average net income is $24.89B (high $27.4B, low $22B), average SG&A $5.89B (high $6.35B, low $5.37B), and average EPS is $13.77 (high $15.16, low $12.17). CVX's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $306.28B (high $330.04B, low $278.94B), average EBITDA is $65.26B (high $70.32B, low $59.44B), average net income is $30.38B (high $33.45B, low $26.86B), average SG&A $8.54B (high $9.2B, low $7.77B), and average EPS is $16.81 (high $18.51, low $14.86).

Did the CVX's actual financial results beat the analysts' financial forecasts?

Based on Chevron's last annual report (Dec 2023), the company's revenue was $200.95B, beating the average analysts forecast of $198.78B by 1.09%. Apple's EBITDA was $47.38B, beating the average prediction of $45.86B by 3.31%. The company's net income was $21.41B, missing the average estimation of $24.42B by -12.34%. Apple's SG&A was $914M, missing the average forecast of $5.22B by -82.49%. Lastly, the company's EPS was $11.39, missing the average prediction of $13.21 by -13.78%. In terms of the last quarterly report (Dec 2023), Chevron's revenue was $47.18B, missing the average analysts' forecast of $50.93B by -7.36%. The company's EBITDA was $9.86B, missing the average prediction of $10.85B by -9.10%. Chevron's net income was $2.24B, missing the average estimation of $5.77B by -61.14%. The company's SG&A was $254M, missing the average forecast of $1.42B by -82.10%. Lastly, the company's EPS was $1.2, missing the average prediction of $3.19 by -62.43%