NYSE: CVX
Chevron Corp Stock Forecast, Predictions & Price Target

Analyst price target for CVX

Based on 15 analysts offering 12 month price targets for Chevron Corp.
Min Forecast
$110.00-15.78%
Avg Forecast
$129.67-0.72%
Max Forecast
$166.00+27.1%

Should I buy or sell CVX stock?

Based on 17 analysts offering ratings for Chevron Corp.
Buy
Strong Buy
7 analysts 41.18%
Buy
5 analysts 29.41%
Hold
5 analysts 29.41%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

CVX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Top 5%
96
Strong BuyMaintains$166.00+27.10%2022-01-25
Anonymous
Goldman Sachs
HoldMaintains$146.00+11.78%2022-01-18
Raymond James
Top 3%
98
BuyMaintains$155.00+18.67%2022-01-18
Wells Fargo
Top 7%
94
Strong BuyUpgradesN/AN/A2022-01-05Find out why
RBC Capital
Bottom 50%
50
BuyUpgrades$145.00+11.02%2021-11-24
Truist Securities
Top 3%
98
Strong BuyMaintains$150.00+14.85%2021-10-07
JP Morgan
Bottom 4%
4
HoldDowngrades$111.00-15.01%2021-09-15
DZ Bank
Top 43%
58
HoldDowngrades$110.00-15.78%2021-08-04
Redburn Partners
Top 45%
56
Strong BuyUpgradesN/AN/A2021-07-22
HSBC
Top 33%
68
HoldDowngrades$112.00-14.25%2021-07-22

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Forecast return on equity

Is CVX forecast to generate an efficient return?
Company
5.04%
Industry
33.63%
Market
56.02%
CVX's Return on Equity is... subscribe to Premium to read more.
Forecast

Forecast return on assets

Is CVX forecast to generate an efficient return on assets?
Company
2.85%
Industry
9.56%
CVX is forecast to generate... subscribe to Premium to read more.
Forecast

CVX earnings per share forecast

What is CVX's earnings per share in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$10.48+101.93%
Avg 2 year Forecast
$9.15+76.3%
Avg 3 year Forecast
$3.55-31.6%
CVX's earnings are forecast to... subscribe to Premium to read more.
Forecast

CVX revenue forecast

What is CVX's revenue in the next 2 years based on estimates from 4 analysts?
Avg 1 year Forecast
$172.9B+23.89%
Avg 2 year Forecast
$168.3B+20.58%
CVX's revenue is forecast to... subscribe to Premium to read more.
Forecast

CVX earnings growth forecast

How is CVX forecast to perform vs Energy companies and vs the US market?
Company
32.78%
Industry
87.7%
Market
22.77%
CVX's earnings are forecast to... subscribe to Premium to read more.
Forecast
CVX's earnings are forecast to... subscribe to Premium to read more.
Forecast
CVX's earnings are forecast to... subscribe to Premium to read more.
Forecast

CVX revenue growth forecast

How is CVX forecast to perform vs Energy companies and vs the US market?
Company
9.81%
Industry
17.15%
Market
13.78%
CVX's revenues are forecast to... subscribe to Premium to read more.
Forecast
CVX's revenues are forecast to... subscribe to Premium to read more.
Forecast

Chevron Corp Stock Forecast FAQ

Is Chevron Corp Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 17 Wall Street analysts covering (NYSE: CVX) stock is to Buy CVX stock.

Out of 17 analysts, 7 (41.18%) are recommending CVX as a Strong Buy, 5 (29.41%) are recommending CVX as a Buy, 5 (29.41%) are recommending CVX as a Hold, 0 (0%) are recommending CVX as a Sell, and 0 (0%) are recommending CVX as a Strong Sell.

What is CVX's earnings growth forecast for 2022-2024?

(NYSE: CVX) Chevron Corp's forecast annual earnings growth rate of 32.78% is not forecast to beat the US Energy industry's average forecast earnings growth rate of 87.7%, and while it is forecast to beat the US market's average forecast earnings growth rate of 22.77%.

Chevron Corp's earnings in 2022 is $9,905,000,000.On average, 8 Wall Street analysts forecast CVX's earnings for 2022 to be $20,202,148,431, with the lowest CVX earnings forecast at $17,426,280,708, and the highest CVX earnings forecast at $23,132,231,028. On average, 7 Wall Street analysts forecast CVX's earnings for 2023 to be $17,638,326,159, with the lowest CVX earnings forecast at $13,956,446,054, and the highest CVX earnings forecast at $20,722,623,629.

In 2024, CVX is forecast to generate $6,843,285,012 in earnings, with the lowest earnings forecast at $6,843,285,012 and the highest earnings forecast at $6,843,285,012.

What is CVX's revenue growth forecast for 2022-2023?

(NYSE: CVX) Chevron Corp's forecast annual revenue growth rate of 9.81% is not forecast to beat the US Energy industry's average forecast revenue growth rate of 17.15%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.78%.

Chevron Corp's revenue in 2022 is $139,582,000,000.On average, 4 Wall Street analysts forecast CVX's revenue for 2022 to be $333,345,660,065,793, with the lowest CVX revenue forecast at $310,038,574,431,138, and the highest CVX revenue forecast at $393,068,652,685,533.

In 2023, CVX is forecast to generate $324,435,275,033,309 in revenue, with the lowest revenue forecast at $295,689,285,264,145 and the highest revenue forecast at $398,256,055,493,562.

What is CVX's forecast return on assets (ROA) for 2022-2024?

(NYSE: CVX) forecast ROA is 2.85%, which is lower than the forecast US Energy industry average of 9.56%.

What is CVX's Price Target?

According to 15 Wall Street analysts that have issued a 1 year CVX price target, the average CVX price target is $129.67, with the highest CVX stock price forecast at $166.00 and the lowest CVX stock price forecast at $110.00.

On average, Wall Street analysts predict that Chevron Corp's share price could fall to $129.67 by Jan 25, 2023. The average Chevron Corp stock price prediction forecasts a potential downside of 0.72% from the current CVX share price of $130.61.

What is CVX's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: CVX) Chevron Corp's current Earnings Per Share (EPS) is $5.19. On average, analysts forecast that CVX's EPS will be $10.48 for 2022, with the lowest EPS forecast at $9.04, and the highest EPS forecast at $12.00. On average, analysts forecast that CVX's EPS will be $9.15 for 2023, with the lowest EPS forecast at $7.24, and the highest EPS forecast at $10.75. In 2024, CVX's EPS is forecast to hit $3.55 (min: $3.55, max: $3.55).

What is CVX's forecast return on equity (ROE) for 2022-2024?

(NYSE: CVX) forecast ROE is 5.04%, which is considered weak.
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