Chevron Corporation (CVX)
NYSE: CVX · IEX Real-Time Price · USD
157.74
+1.39 (0.89%)
At close: Mar 28, 2024, 4:02 PM
157.69
-0.05 (-0.03%)
After-hours: Mar 28, 2024, 7:59 PM EDT
Chevron Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Chevron stock have an average target of 181.22, with a low estimate of 150 and a high estimate of 201. The average target predicts an increase of 14.89% from the current stock price of 157.74.
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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 5 | 5 | 5 | 6 | 6 | 6 |
Buy | 7 | 8 | 8 | 6 | 6 | 4 |
Hold | 6 | 5 | 5 | 7 | 8 | 8 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 18 | 18 | 18 | 19 | 20 | 18 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Mizuho | Mizuho | Strong Buy Maintains $195 → $200 | Strong Buy | Maintains | $195 → $200 | +26.79% | Mar 20, 2024 |
Piper Sandler | Piper Sandler | Buy Maintains $188 → $180 | Buy | Maintains | $188 → $180 | +14.11% | Mar 14, 2024 |
DZ Bank | DZ Bank | Strong Buy → Hold Downgrades $160 | Strong Buy → Hold | Downgrades | $160 | +1.43% | Feb 6, 2024 |
RBC Capital | RBC Capital | Buy Maintains $185 → $190 | Buy | Maintains | $185 → $190 | +20.45% | Feb 5, 2024 |
TD Cowen | TD Cowen | Buy → Hold Downgrades $170 → $150 | Buy → Hold | Downgrades | $170 → $150 | -4.91% | Jan 23, 2024 |
Financial Forecast
Revenue This Year
202.80B
from 200.95B
Increased by 0.92%
Revenue Next Year
210.96B
from 202.80B
Increased by 4.02%
EPS This Year
12.74
from 11.36
Increased by 12.15%
EPS Next Year
14.77
from 12.74
Increased by 15.94%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 258.7B | 283.6B | 250.9B | 168.1B |
Avg | 202.8B | 211.0B | 198.6B | 161.7B |
Low | 92.8B | 99.2B | 99.3B | 156.9B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 28.7% | 39.8% | 19.0% | -15.4% |
Avg | 0.9% | 4.0% | -5.9% | -18.6% |
Low | -53.8% | -51.1% | -52.9% | -21.0% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 15.28 | 20.87 | 20.35 | 17.64 | 10.40 |
Avg | 12.74 | 14.77 | 14.84 | 12.94 | 10.00 |
Low | 10.68 | 11.71 | 11.15 | 9.70 | 9.70 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 34.5% | 63.8% | 37.7% | 18.9% | -19.7% |
Avg | 12.2% | 15.9% | 0.4% | -12.8% | -22.7% |
Low | -6.0% | -8.0% | -24.5% | -34.6% | -25.0% |
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.