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
Target Low Average Median High
Price $150 $181.22 $184 $201
Change -4.91% +14.89% +16.65% +27.42%

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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 555666
Buy 788664
Hold 655788
Sell 000000
Strong Sell 000000
Total 181818192018

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
Hold
Downgrades
$160
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
Hold
Downgrades
$170$150
Hold Downgrades $170$150 -4.91% Jan 23, 2024
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
146.52B94.69B162.47B246.25B200.95B202.80B210.96B198.58B161.69B-
Revenue Growth
-11.92%-35.37%71.57%51.57%-18.40%0.92%4.02%-5.87%-18.58%-
EPS
1.54-2.968.1418.2811.3612.7414.7714.8412.9410.00
EPS Growth
-80.10%--124.57%-37.86%12.15%15.94%0.45%-12.80%-22.72%
No. Analysts -----28251662
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
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 2024202520262027
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 20242025202620272028
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 20242025202620272028
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.