Chevron Corporation (CVX)
NYSE: CVX · Real-Time Price · USD
150.81
+0.36 (0.24%)
At close: Oct 25, 2024, 4:00 PM
148.43
-2.38 (-1.58%)
Pre-market: Oct 28, 2024, 4:18 AM EDT
Chevron Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Chevron stock have an average target of 173.07, with a low estimate of 150 and a high estimate of 204. The average target predicts an increase of 14.76% from the current stock price of 150.81.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Chevron stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 5 | 5 | 4 | 5 |
| Buy | 7 | 7 | 6 | 6 | 7 | 7 |
| Hold | 6 | 6 | 6 | 6 | 6 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 19 | 17 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Initiates $168 | Strong Buy | Initiates | $168 | +11.40% | Oct 17, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $180 → $163 | Buy | Maintains | $180 → $163 | +8.08% | Oct 10, 2024 |
| UBS | UBS | Strong Buy Maintains $189 → $192 | Strong Buy | Maintains | $189 → $192 | +27.31% | Oct 8, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $170 | Buy | Reiterates | $170 | +12.72% | Oct 8, 2024 |
| Barclays | Barclays | Buy Maintains $185 → $168 | Buy | Maintains | $185 → $168 | +11.40% | Oct 3, 2024 |
Financial Forecast
Revenue This Year
200.25B
from 194.80B
Increased by 2.80%
Revenue Next Year
194.26B
from 200.25B
Decreased by -2.99%
EPS This Year
11.54
from 11.36
Increased by 1.59%
EPS Next Year
13.36
from 11.54
Increased by 15.72%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 224.5B | 232.9B | 229.2B | ||
| Avg | 200.2B | 194.3B | 197.6B | ||
| Low | 183.7B | 144.8B | 164.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.2% | 16.3% | 18.0% | ||
| Avg | 2.8% | -3.0% | 1.7% | ||
| Low | -5.7% | -27.7% | -15.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.32 | 19.35 | 19.80 | ||
| Avg | 11.54 | 13.36 | 14.10 | ||
| Low | 10.33 | 8.63 | 9.93 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.2% | 67.6% | 48.2% | ||
| Avg | 1.6% | 15.7% | 5.6% | ||
| Low | -9.0% | -25.2% | -25.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.