Chevron Corporation (CVX)
NYSE: CVX · IEX Real-Time Price · USD
157.36
+0.96 (0.61%)
Apr 18, 2024, 2:23 PM EDT - Market open
Chevron Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Chevron stock have an average target of 184.61, with a low estimate of 150 and a high estimate of 204. The average target predicts an increase of 17.32% from the current stock price of 157.36.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Chevron stock from 19 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 6 | 6 | 6 | 6 |
| Buy | 8 | 8 | 6 | 6 | 4 | 7 |
| Hold | 5 | 5 | 7 | 8 | 8 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 18 | 19 | 20 | 18 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $180 → $204 | Buy | Maintains | $180 → $204 | +29.64% | Apr 18, 2024 |
| Raymond James | Raymond James | Buy Maintains $170 → $174 | Buy | Maintains | $170 → $174 | +10.57% | Apr 15, 2024 |
| Scotiabank | Scotiabank | Hold → Buy Upgrades $170 → $195 | Hold → Buy | Upgrades | $170 → $195 | +23.92% | Apr 11, 2024 |
| Barclays | Barclays | Buy Initiates $203 | Buy | Initiates | $203 | +29.00% | Apr 10, 2024 |
| UBS | UBS | Strong Buy Maintains $185 → $197 | Strong Buy | Maintains | $185 → $197 | +25.19% | Apr 9, 2024 |
Financial Forecast
Revenue This Year
199.12B
from 200.95B
Decreased by -0.91%
Revenue Next Year
200.05B
from 199.12B
Increased by 0.47%
EPS This Year
12.80
from 11.36
Increased by 12.71%
EPS Next Year
14.55
from 12.80
Increased by 13.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 234.3B | 246.7B | 250.9B | 168.1B |
| Avg | 199.1B | 200.1B | 195.8B | 161.7B |
| Low | 92.8B | 99.2B | 99.3B | 156.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 16.6% | 23.9% | 25.4% | -14.1% |
| Avg | -0.9% | 0.5% | -2.1% | -17.4% |
| Low | -53.8% | -50.2% | -50.4% | -19.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.49 | 19.73 | 17.38 | 17.64 | 10.40 |
| Avg | 12.80 | 14.55 | 14.43 | 12.94 | 10.00 |
| Low | 9.69 | 8.59 | 10.06 | 9.70 | 9.70 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 36.3% | 54.1% | 19.4% | 22.3% | -19.7% |
| Avg | 12.7% | 13.6% | -0.8% | -10.3% | -22.7% |
| Low | -14.7% | -32.9% | -30.9% | -32.8% | -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.