Chevron (CVX) Stock Forecast, Price Target & Predictions
CVX Stock Forecast
Chevron stock forecast is as follows: an average price target of $173.19 (represents a 7.04% upside from CVX’s last price of $161.80) and a rating consensus of 'Buy', based on 26 wall street analysts offering a 1-year stock forecast.
CVX Price Target
CVX Analyst Ratings
Buy
Chevron Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Nov 04, 2024 | Neal Dingmann | Truist Financial | $155.00 | $153.97 | 0.67% | -4.20% |
Oct 21, 2024 | Neal Dingmann | Truist Financial | $150.00 | $150.75 | -0.50% | -7.29% |
Oct 17, 2024 | Jean Ann Salisbury | Bank of America Securities | $168.00 | $148.73 | 12.96% | 3.83% |
Oct 10, 2024 | Paul Cheng | Scotiabank | $163.00 | $149.65 | 8.92% | 0.74% |
Oct 02, 2024 | Betty Jiang | Barclays | $168.00 | $149.70 | 12.22% | 3.83% |
Aug 06, 2024 | Betty Jiang | Barclays | $185.00 | $144.66 | 27.89% | 14.34% |
Aug 05, 2024 | Neal Dingmann | Truist Financial | $154.00 | $144.77 | 6.38% | -4.82% |
Aug 05, 2024 | Neil Mehta | Goldman Sachs | $177.00 | $144.77 | 22.26% | 9.39% |
Aug 05, 2024 | Biraj Borkhataria | RBC Capital | $180.00 | $148.55 | 21.17% | 11.25% |
Aug 02, 2024 | Bob Brackett | Bernstein | $138.00 | $152.62 | -9.58% | -14.71% |
10
Chevron Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 3 | 5 | 24 |
Avg Price Target | $157.67 | $160.80 | $178.42 |
Last Closing Price | $161.80 | $161.80 | $161.80 |
Upside/Downside | -2.55% | -0.62% | 10.27% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 10, 2024 | Scotiabank | Outperform | Outperform | Hold |
Oct 02, 2024 | Barclays | Overweight | Overweight | Hold |
Aug 06, 2024 | Barclays | Overweight | Overweight | Hold |
Aug 05, 2024 | Cowen & Co. | Hold | Hold | Hold |
Aug 05, 2024 | RBC Capital | Outperform | Outperform | Hold |
Aug 02, 2024 | Bernstein | Outperform | Outperform | Hold |
Jul 17, 2024 | Wolfe Research | Buy | Peer Perform | Initialise |
Jul 16, 2024 | Bernstein | Outperform | Market Perform | Downgrade |
May 17, 2024 | Goldman Sachs | Buy | Buy | Hold |
Apr 30, 2024 | HSBC | Buy | Buy | Hold |
10
Chevron Financial Forecast
Chevron Revenue Forecast
Quarter
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 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 | $83.98B | $80.78B | $77.70B | $74.74B | $53.27B | $52.77B | $52.64B | $52.48B | $52.57B | $48.60B | $46.99B | $46.65B | $47.72B | $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 | $90.37B | $86.93B | $83.61B | $80.42B | $57.33B | $56.78B | $56.65B | $56.47B | $56.57B | $52.29B | $50.56B | $49.18B | $49.90B | $49.78B | $51.65B | $48.42B | $55.38B | $64.39B | $50.29B | $52.30B | $56.68B | $60.26B | $58.66B | $47.95B | $45.34B | $39.97B | $36.33B | $32.54B | $25.82B | $25.84B |
Low Forecast | $76.58B | $73.66B | $70.85B | $68.15B | $48.58B | $48.12B | $48.00B | $47.86B | $47.94B | $44.31B | $42.85B | $43.83B | $44.98B | $47.95B | $49.67B | $48.42B | $47.59B | $38.04B | $42.61B | $44.32B | $48.03B | $60.26B | $58.66B | $47.95B | $45.34B | $39.97B | $36.33B | $32.54B | $25.82B | $25.84B |
# Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 3 |
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% |
Forecast
Chevron EBITDA Forecast
Quarter
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 3 |
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 | $18.04B | $17.35B | $16.69B | $16.06B | $11.45B | $11.34B | $11.31B | $11.28B | $11.29B | $10.44B | $10.10B | $10.02B | $10.25B | $10.50B | $10.88B | $15.25B | $10.94B | $11.28B | $10.04B | $13.86B | $15.47B | $14.05B | $13.67B | $12.60B | $10.57B | $9.32B | $8.47B | $6.64B | $6.02B | $6.02B |
High Forecast | $19.42B | $18.68B | $17.96B | $17.28B | $12.32B | $12.20B | $12.17B | $12.13B | $12.15B | $11.24B | $10.86B | $10.57B | $10.72B | $10.70B | $11.10B | $18.30B | $11.90B | $13.83B | $10.80B | $16.64B | $18.57B | $14.05B | $13.67B | $15.13B | $10.57B | $9.32B | $8.47B | $7.97B | $6.02B | $6.02B |
Low Forecast | $16.45B | $15.83B | $15.22B | $14.64B | $10.44B | $10.34B | $10.31B | $10.28B | $10.30B | $9.52B | $9.21B | $9.42B | $9.66B | $10.30B | $10.67B | $12.20B | $10.23B | $8.17B | $9.16B | $11.09B | $12.38B | $14.05B | $13.67B | $10.08B | $10.57B | $9.32B | $8.47B | $5.31B | $6.02B | $6.02B |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.78% | 0.79% | 0.70% | 0.95% | 1.36% | 1.45% | 1.02% | 1.13% | 1.34% | 1.08% | 1.00% | 0.62% | 0.69% |
Forecast
Chevron Net Income Forecast
Quarter
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 3 |
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 | $6.53B | $6.49B | $6.26B | $5.86B | $5.44B | $5.20B | $5.06B | $4.63B | $4.43B | $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 | $8.41B | $8.44B | $8.49B | $8.05B | $7.18B | $7.13B | $6.88B | $6.44B | $5.98B | $5.72B | $5.57B | $6.28B | $6.10B | $4.81B | $5.30B | $8.84B | $6.16B | $7.51B | $5.79B | $8.03B | $7.87B | $8.96B | $9.33B | $7.30B | $5.73B | $4.04B | $2.91B | $1.65B | $168.29M | $-470.37M |
Low Forecast | $6.78B | $6.80B | $6.84B | $6.49B | $5.78B | $5.75B | $5.54B | $5.19B | $4.82B | $4.61B | $4.48B | $3.77B | $3.52B | $3.88B | $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% |
Forecast
Chevron SG&A Forecast
Quarter
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 3 |
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 | $2.34B | $2.25B | $2.17B | $2.08B | $1.48B | $1.47B | $1.47B | $1.46B | $1.46B | $1.35B | $1.31B | $1.30B | $1.33B | $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 | $2.52B | $2.42B | $2.33B | $2.24B | $1.60B | $1.58B | $1.58B | $1.57B | $1.58B | $1.46B | $1.41B | $1.37B | $1.39B | $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 | $2.13B | $2.05B | $1.97B | $1.90B | $1.35B | $1.34B | $1.34B | $1.33B | $1.34B | $1.23B | $1.19B | $1.22B | $1.25B | $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% |
Forecast
Chevron EPS Forecast
Quarter
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 3 |
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 | $3.61 | $3.59 | $3.46 | $3.24 | $3.01 | $2.88 | $2.80 | $2.56 | $2.45 | $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 | $4.65 | $4.67 | $4.70 | $4.45 | $3.97 | $3.95 | $3.81 | $3.56 | $3.31 | $3.16 | $3.08 | $3.48 | $3.38 | $2.66 | $2.93 | $2.92 | $3.41 | $4.16 | $3.20 | $3.74 | $4.76 | $4.89 | $5.09 | $3.40 | $3.13 | $2.20 | $1.59 | $0.89 | $0.09 | $-0.26 |
Low Forecast | $3.75 | $3.77 | $3.78 | $3.59 | $3.20 | $3.18 | $3.07 | $2.87 | $2.66 | $2.55 | $2.48 | $2.09 | $1.95 | $2.15 | $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% |
Forecast
Chevron Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
EQNR | Equinor ASA | $23.69 | $82.50 | 248.25% | Hold |
CVE | Cenovus Energy | $15.84 | $31.00 | 95.71% | Buy |
BP | BP p.l.c. | $29.05 | $43.18 | 48.64% | Buy |
EC | Ecopetrol | $7.73 | $11.35 | 46.83% | Buy |
TTE | TotalEnergies SE | $60.47 | $78.50 | 29.82% | Hold |
SHEL | Shell | $65.79 | $84.00 | 27.68% | Buy |
PBR | Petróleo Brasileiro S.A. - Petrobras | $13.99 | $16.30 | 16.51% | Buy |
CVX | Chevron | $161.80 | $173.19 | 7.04% | Buy |
SU | Suncor Energy | $40.44 | $41.28 | 2.08% | Buy |
XOM | Exxon Mobil | $120.56 | $119.94 | -0.51% | Buy |
YPF | YPF Sociedad Anónima | $32.26 | $22.62 | -29.88% | Hold |