Chevron Corporation (CVX)
NYSE: CVX · Real-Time Price · USD
207.59
+3.14 (1.54%)
Sep 28, 2026, 10:51 AM EDT - Market open

Chevron Stock Forecast

Stock Price Forecast

According to 25 analysts polled by S&P Global, Chevron stock has a consensus rating of "Buy" and an average price target of $223.92. The average 1-year stock price forecast is 7.87% higher than the current stock price, while the lowest is $175 (-15.70%) and the highest is $250 (+20.43%).

Price Target: $223.92 (+7.87%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$175$223.92$227$250
Change-15.70%+7.87%+9.35%+20.43%

Analyst Ratings

The average analyst rating for Chevron stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy131313141414
Buy555666
Hold665444
Sell000000
Strong Sell111111
Total252524252525

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
TD Cowen
TD Cowen
Hold
Maintains
$205 → $215
HoldMaintains$205 → $215+3.57%Sep 28, 2026
HSBC
HSBC
Buy
Maintains
$218 → $250
BuyMaintains$218 → $250+20.43%Sep 25, 2026
RBC Capital
RBC Capital
Buy
Maintains
$220 → $230
BuyMaintains$220 → $230+10.80%Sep 24, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$225 → $240
BuyMaintains$225 → $240+15.61%Sep 16, 2026
Barclays
Barclays
Hold
Maintains
$208
HoldMaintains$208+0.20%Sep 9, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
232.53B
from 184.65B
Increased by 25.93%
Revenue Next Year
218.49B
from 232.53B
Decreased by -6.04%
EPS This Year
16.40
from 7.29
Increased by 124.94%
EPS Next Year
14.14
from 16.40
Decreased by -13.79%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
155.07B235.92B194.80B195.57B184.65B232.53B
Revenue Growth
64.96%52.14%-17.43%0.40%-5.58%25.93%
Gross Profit
63.58B91.69B76.53B77.30B77.36B97.66B
Gross Margin
41.00%38.87%39.29%39.53%41.90%42.00%
Operating Income
16.09B42.01B26.96B22.32B17.63B46.94B
Net Income
15.63B35.47B21.37B17.66B12.30B30.84B
EPS
----7.2916.40
EPS Growth
-----27.46%124.94%
Forward PE
11.3310.4510.5314.3521.0512.66
Dividend / Share
5.315.686.046.526.847.14
Dividend Growth
2.91%6.97%6.34%7.95%4.91%4.33%
Free Cash Flow
----16.60B40.29B
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High248.7B
Avg232.5B
Low204.6B

Revenue Growth

Revenue Growth202620272028
High
34.7%
Avg
25.9%
Low
10.8%

EPS Forecast

EPS202620272028
High19.06
Avg16.40
Low13.98

EPS Growth

EPS Growth202620272028
High
161.4%
Avg
124.9%
Low
91.8%