Chevron Corporation (CVX)

Chevron Stock Forecast

Stock Price Forecast

The 19 analysts that cover Chevron stock have a consensus rating of "Buy" and an average price target of $182.26, which forecasts a -9.65% decrease in the stock price over the next year. The lowest target is $124 and the highest is $242.

Price Target: $182.26 (-9.65%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$124	$182.26	$178	$242
Change	-38.53%	-9.65%	-11.76%	+19.96%

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

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	3	3	3	5	5	5
Buy	7	8	8	9	9	8
Hold	5	5	4	5	5	4
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	2	2	2
Total	16	17	16	21	21	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nitin Kumar Mizuho	Mizuho	Buy Maintains $206 → $217	Buy	Maintains	$206 → $217	+7.57%	Mar 17, 2026
Betty Jiang Barclays	Barclays	Hold Maintains $172 → $180	Hold	Maintains	$172 → $180	-10.77%	Mar 16, 2026
Ryan Todd Piper Sandler	Piper Sandler	Buy Maintains $179 → $242	Buy	Maintains	$179 → $242	+19.96%	Mar 12, 2026
Alastair Syme Citigroup	Citigroup	Strong Buy Maintains $179 → $210	Strong Buy	Maintains	$179 → $210	+4.10%	Mar 2, 2026
Jean Ann Salisbury B of A Securities	B of A Securities	Strong Buy Maintains $188 → $206	Strong Buy	Maintains	$188 → $206	+2.12%	Mar 2, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

193.05B

Increased by 4.55%

from 184.65B

Revenue Next Year

200.13B

Increased by 3.67%

from 193.05B

EPS This Year

6.72

Increased by 1.40%

from 6.63

EPS Next Year

9.19

Increased by 36.68%

from 6.72

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	155.07B	235.92B	194.80B	195.57B	184.65B	193.05B	200.13B
Revenue Growth	64.96%	52.14%	-17.43%	0.40%	-5.58%	4.55%	3.67%
EPS	8.14	18.28	11.36	9.72	6.63	6.72	9.19
EPS Growth	-	124.57%	-37.86%	-14.44%	-31.79%	1.40%	36.68%
Forward PE	-	-	-	-	-	30.01	21.95
No. Analysts	-	-	-	-	-	28	27

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029
High	218.3B	246.9B
Avg	193.0B	200.1B
Low	158.9B	175.9B

Revenue Growth

Revenue Growth	2026	2027	2028	2029
High	18.2%	27.9%
Avg	4.5%	3.7%
Low	-13.9%	-8.9%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	8.51	13.24
Avg	6.72	9.19
Low	4.61	6.07

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	28.3%	96.9%
Avg	1.4%	36.7%
Low	-30.5%	-9.8%

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.