Chevron Corporation (CVX)
NYSE: CVX · Real-Time Price · USD
142.85
+1.70 (1.20%)
Dec 20, 2024, 4:01 PM EST - Market closed
Chevron Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Chevron stock have an average target of 174.56, with a low estimate of 160 and a high estimate of 195. The average target predicts an increase of 22.20% from the current stock price of 142.85.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Chevron stock from 18 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 4 | 5 | 6 | 6 |
| Buy | 6 | 6 | 7 | 7 | 7 | 7 |
| Hold | 6 | 6 | 6 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 17 | 17 | 18 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $184 → $173 | Buy | Maintains | $184 → $173 | +21.11% | Dec 19, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $171 → $188 | Buy | Maintains | $171 → $188 | +31.61% | Dec 9, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $155 → $160 | Hold | Maintains | $155 → $160 | +12.01% | Dec 6, 2024 |
| UBS | UBS | Strong Buy Maintains $194 → $195 | Strong Buy | Maintains | $194 → $195 | +36.51% | Dec 3, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $145 → $185 | Hold → Strong Buy | Upgrades | $145 → $185 | +29.51% | Nov 26, 2024 |
Financial Forecast
Revenue This Year
199.36B
from 194.80B
Increased by 2.34%
Revenue Next Year
191.56B
from 199.36B
Decreased by -3.91%
EPS This Year
10.48
from 11.36
Decreased by -7.73%
EPS Next Year
11.17
from 10.48
Increased by 6.58%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 215.2B | 227.1B | 252.0B | ||
| Avg | 199.4B | 191.6B | 202.4B | ||
| Low | 186.3B | 135.0B | 162.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.5% | 13.9% | 31.5% | ||
| Avg | 2.3% | -3.9% | 5.7% | ||
| Low | -4.4% | -32.3% | -15.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 12.07 | 18.96 | 21.22 | |||
| Avg | 10.48 | 11.17 | 13.10 | |||
| Low | 9.82 | 7.42 | 9.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 6.2% | 80.9% | 90.0% | |||
| Avg | -7.7% | 6.6% | 17.3% | |||
| Low | -13.6% | -29.2% | -12.8% |
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.