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

Analyst price target for CVX

Based on 14 analysts offering 12 month price targets for Chevron Corp.
Min Forecast
$86.00+19.98%
Avg Forecast
$101.29+41.30%
Max Forecast
$121.00+68.81%

Should I buy or sell CVX stock?

Buy
Strong Buy
8 analysts 53.33%
Buy
2 analysts 13.33%
Hold
4 analysts 26.67%
Sell
0 analysts 0.00%
Strong Sell
1 analysts 6.67%

Forecast return on equity

Is CVX forecast to generate an efficient return?
Company
4.73%
Industry
11.96%
Market
-1.56%
CVX's Return on Equity is forecast to be low in 4 years (4.73%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is CVX forecast to generate an efficient return on assets?
Company
2.84%
Industry
4.69%
Market
11.47%
CVX is forecast to generate lower Return on Assets (2.84%) than the US Energy industry average (4.69%)
Forecast

CVX earnings per share forecast

What is CVX's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
-$0.16-96.66%
Avg 2 year Forecast
$2.97-163.95%
Avg 3 year Forecast
$3.76-180.93%

CVX revenue forecast

What is CVX's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$102.4B-12.79%
Avg 2 year Forecast
$120.4B+2.52%
Avg 3 year Forecast
$123.4B+5.05%
CVX's revenue is forecast to grow at a rate of 3.45% per year, which is not exceptional
Forecast

CVX revenue growth forecast

How is CVX forecast to perform vs Energy companies and vs the US market?
Company
3.45%
Industry
-5.14%
Market
5.62%
CVX's revenues are forecast to grow faster (3.45% per year) than the US Energy industry average (-5.14%)
Forecast
CVX's revenues are forecast to grow slower (3.45% per year) than the US market average (5.62%)
Forecast

Chevron Corp Stock Forecast FAQ

The consensus among 15 Wall Street analysts covering (NYSE: CVX) stock is to Buy CVX stock.

Out of 15 analysts, 8 (53.33%) are recommending CVX as a Strong Buy, 2 (13.33%) are recommending CVX as a Buy, 4 (26.67%) are recommending CVX as a Hold, 0 (0.00%) are recommending CVX as a Sell, and 1 (6.67%) are recommending CVX as a Strong Sell.
According to 14 Wall Street analysts that have issued a 1 year CVX price target, the average CVX price target is $101.29, with the highest CVX stock price forecast at $121.00 and the lowest CVX stock price forecast at $86.00.

On average, Wall Street analysts predict that Chevron Corp's share price could reach $101.29 by Oct 19, 2021. The average Chevron Corp stock price prediction forecasts a potential upside of 41.30% from the current CVX share price of $71.68.
(NYSE: CVX) Chevron Corp's forecast annual earnings growth rate of N/A is not forecast to beat the US Energy industry's average forecast earnings growth rate of 21.37%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.71%.

Chevron Corp's earnings in 2020 is -$8,701,000,000.On average, 4 Wall Street analysts forecast CVX's earnings for 2020 to be $-289,381,691, with the lowest CVX earnings forecast at $-970,828,898, and the highest CVX earnings forecast at $784,131,033. On average, 8 Wall Street analysts forecast CVX's earnings for 2021 to be $5,540,259,144, with the lowest CVX earnings forecast at $1,960,327,583, and the highest CVX earnings forecast at $12,191,370,585.

In 2022, CVX is forecast to generate $7,010,504,831 in earnings, with the lowest earnings forecast at $6,067,680,613 and the highest earnings forecast at $7,953,329,049.
(NYSE: CVX) Chevron Corp's forecast annual revenue growth rate of 3.45% is forecast to beat the US Energy industry's average forecast revenue growth rate of -5.14%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 5.62%.

Chevron Corp's revenue in 2020 is $117,461,000,000.On average, 4 Wall Street analysts forecast CVX's revenue for 2020 to be $191,251,257,899,272, with the lowest CVX revenue forecast at $181,761,573,449,400, and the highest CVX revenue forecast at $206,688,408,206,370. On average, 4 Wall Street analysts forecast CVX's revenue for 2021 to be $224,816,261,212,698, with the lowest CVX revenue forecast at $202,126,763,261,465, and the highest CVX revenue forecast at $251,964,451,438,160.

In 2022, CVX is forecast to generate $230,365,655,483,108 in revenue, with the lowest revenue forecast at $230,365,655,483,108 and the highest revenue forecast at $230,365,655,483,108.
(NYSE: CVX) Chevron Corp's current Earnings Per Share (EPS) is -$4.64. On average, analysts forecast that CVX's EPS will be $-0.16 for 2020, with the lowest EPS forecast at $-0.52, and the highest EPS forecast at $0.42. On average, analysts forecast that CVX's EPS will be $2.97 for 2021, with the lowest EPS forecast at $1.05, and the highest EPS forecast at $6.53. In 2022, CVX's EPS is forecast to hit $3.76 (min: $3.25, max: $4.26).
(NYSE: CVX) forecast ROE is 4.73%, which is considered weak.
(NYSE: CVX) forecast ROA is 2.84%, which is lower than the forecast US Energy industry average of 4.69%.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.
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