Chevron Corporation (CVX)
NYSE: CVX · Real-Time Price · USD
158.24
-3.23 (-2.00%)
Jan 21, 2025, 4:02 PM EST - Market closed
Chevron Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Chevron stock have an average target of 174.6, with a low estimate of 160 and a high estimate of 195. The average target predicts an increase of 10.34% from the current stock price of 158.24.
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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 5 | 6 | 6 | 5 |
| Buy | 6 | 7 | 7 | 7 | 7 | 7 |
| Hold | 6 | 6 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 17 | 18 | 18 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Maintains $175 → $180 | Buy | Maintains | $175 → $180 | +13.75% | Jan 17, 2025 |
| Truist Securities | Truist Securities | Hold Maintains $160 → $164 | Hold | Maintains | $160 → $164 | +3.64% | Jan 13, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $184 → $173 | Buy | Maintains | $184 → $173 | +9.33% | Dec 19, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $171 → $188 | Buy | Maintains | $171 → $188 | +18.81% | Dec 9, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $155 → $160 | Hold | Maintains | $155 → $160 | +1.11% | Dec 6, 2024 |
Financial Forecast
Revenue This Year
198.61B
from 194.80B
Increased by 1.95%
Revenue Next Year
188.47B
from 198.61B
Decreased by -5.10%
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 | 214.5B | 229.5B | 247.8B | ||
| Avg | 198.6B | 188.5B | 201.3B | ||
| Low | 181.8B | 126.0B | 156.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.1% | 15.6% | 31.5% | ||
| Avg | 2.0% | -5.1% | 6.8% | ||
| Low | -6.7% | -36.6% | -16.8% |
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.