Chevron Corporation (CVX)
NYSE: CVX · Real-Time Price · USD
162.09
+0.76 (0.47%)
Nov 21, 2024, 2:33 PM EST - Market open
Chevron Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Chevron stock have an average target of 174.27, with a low estimate of 155 and a high estimate of 204. The average target predicts an increase of 7.51% from the current stock price of 162.09.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 4 | 5 | 5 |
| Buy | 7 | 6 | 6 | 7 | 7 | 7 |
| Hold | 6 | 6 | 6 | 6 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 17 | 17 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $192 → $194 | Strong Buy | Maintains | $192 → $194 | +19.69% | Nov 4, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $170 → $175 | Buy | Maintains | $170 → $175 | +7.96% | Nov 4, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $150 → $155 | Hold | Maintains | $150 → $155 | -4.37% | Nov 4, 2024 |
| Barclays | Barclays | Buy Maintains $168 → $174 | Buy | Maintains | $168 → $174 | +7.35% | Nov 4, 2024 |
| B of A Securities | B of A Securities | Strong Buy Initiates $168 | Strong Buy | Initiates | $168 | +3.65% | Oct 17, 2024 |
Financial Forecast
Revenue This Year
199.57B
from 194.80B
Increased by 2.45%
Revenue Next Year
192.72B
from 199.57B
Decreased by -3.43%
EPS This Year
10.60
from 11.36
Decreased by -6.66%
EPS Next Year
11.56
from 10.60
Increased by 9.05%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 217.8B | 227.1B | 252.0B | ||
| Avg | 199.6B | 192.7B | 201.5B | ||
| Low | 186.3B | 137.0B | 162.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.8% | 13.8% | 30.8% | ||
| Avg | 2.4% | -3.4% | 4.6% | ||
| Low | -4.4% | -31.4% | -15.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.07 | 18.65 | 21.68 | ||
| Avg | 10.60 | 11.56 | 13.31 | ||
| Low | 9.82 | 7.54 | 9.72 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.2% | 75.9% | 87.5% | ||
| Avg | -6.7% | 9.0% | 15.1% | ||
| Low | -13.6% | -28.9% | -15.9% |
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.