WallStreetZenWallStreetZen

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

OverviewForecast
EarningsDividendOwnershipStatistics

Analyst price target for CVX

Based on 14 analysts offering 12 month price targets for Chevron Corp.
Min Forecast
$150.00-9.58%
Avg Forecast
$185.21+11.65%
Max Forecast
$204.00+22.97%

Should I buy or sell CVX stock?

Based on 14 analysts offering ratings for Chevron Corp.
Strong Buy
Strong Buy
7 analysts 50%
Buy
4 analysts 28.57%
Hold
3 analysts 21.43%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their CVX stock forecasts and price targets.

CVX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-18Find Out Why
lockedlocked$00.00+00.00%2024-04-15
lockedlocked$00.00+00.00%2024-04-11
lockedlocked$00.00+00.00%2024-04-10
lockedlocked$00.00+00.00%2024-04-09
Truist Securities
Top 1%
100
HoldMaintains$156.00-5.96%2024-04-05
Wells Fargo
Top 2%
99
Strong BuyMaintains$198.00+19.36%2024-04-04
Mizuho
Top 1%
100
Strong BuyMaintains$200.00+20.56%2024-03-20
DZ Bank
Top 40%
61
HoldDowngrades$160.00-3.55%2024-02-06
RBC Capital
Top 34%
67
BuyMaintains$190.00+14.53%2024-02-05Find out why

1 of 2

Forecast return on equity

Is CVX forecast to generate an efficient return?
Company
17.31%
Industry
15.31%
Market
34.83%
CVX's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CVX forecast to generate an efficient return on assets?
Company
10.65%
Industry
9.42%
CVX is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CVX earnings per share forecast

What is CVX's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$13.58+19.04%
Avg 2 year Forecast
$15.66+37.25%
Avg 3 year Forecast
$15.30+34.05%
CVX's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CVX revenue forecast

What is CVX's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$207.4B+3.21%
Avg 2 year Forecast
$218.9B+8.94%
Avg 3 year Forecast
$218.6B+8.77%
CVX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CVX earnings growth forecast

How is CVX forecast to perform vs Oil & Gas Integrated companies and vs the US market?
Company
11.76%
Industry
17.02%
Market
21.09%
CVX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CVX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CVX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CVX revenue growth forecast

How is CVX forecast to perform vs Oil & Gas Integrated companies and vs the US market?
Company
3.2%
Industry
2.75%
Market
9.94%
CVX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CVX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CVX vs Oil & Gas Integrated Stocks

TickerPricePrice TargetUp/downsideConsensus
CVX$165.89$185.21+11.65%Strong Buy
SHEL$73.27$90.00+22.83%Strong Buy
TTE$74.56$82.50+10.65%Hold
XOM$117.96$133.17+12.89%Strong Buy
BP$39.47$43.86+11.12%Buy
View Top Oil & Gas Integrated Stocks

Chevron Stock Forecast FAQ

Is Chevron Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 14 Wall Street analysts covering (NYSE: CVX) stock is to Strong Buy CVX stock.

Out of 14 analysts, 7 (50%) are recommending CVX as a Strong Buy, 4 (28.57%) are recommending CVX as a Buy, 3 (21.43%) are recommending CVX as a Hold, 0 (0%) are recommending CVX as a Sell, and 0 (0%) are recommending CVX as a Strong Sell.

If you're new to stock investing, here's how to buy Chevron stock.

What is CVX's earnings growth forecast for 2024-2026?

(NYSE: CVX) Chevron's forecast annual earnings growth rate of 11.76% is not forecast to beat the US Oil & Gas Integrated industry's average forecast earnings growth rate of 17.02%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 21.09%.

Chevron's earnings in 2024 is $21,369,000,000.On average, 7 Wall Street analysts forecast CVX's earnings for 2024 to be $25,227,101,273, with the lowest CVX earnings forecast at $23,215,864,500, and the highest CVX earnings forecast at $27,821,892,017. On average, 7 Wall Street analysts forecast CVX's earnings for 2025 to be $29,084,835,046, with the lowest CVX earnings forecast at $25,927,477,474, and the highest CVX earnings forecast at $33,467,990,263.

In 2026, CVX is forecast to generate $28,406,931,802 in earnings, with the lowest earnings forecast at $24,218,789,846 and the highest earnings forecast at $30,533,504,990.

What is CVX's revenue growth forecast for 2024-2026?

(NYSE: CVX) Chevron's forecast annual revenue growth rate of 3.2% is forecast to beat the US Oil & Gas Integrated industry's average forecast revenue growth rate of 2.75%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.94%.

Chevron's revenue in 2024 is $200,949,000,000.On average, 4 Wall Street analysts forecast CVX's revenue for 2024 to be $385,187,321,511,969, with the lowest CVX revenue forecast at $374,921,353,521,720, and the highest CVX revenue forecast at $399,478,166,355,240. On average, 5 Wall Street analysts forecast CVX's revenue for 2025 to be $406,594,636,736,575, with the lowest CVX revenue forecast at $383,154,627,708,000, and the highest CVX revenue forecast at $426,083,918,526,072.

In 2026, CVX is forecast to generate $405,937,087,305,899 in revenue, with the lowest revenue forecast at $371,268,105,084,000 and the highest revenue forecast at $457,951,685,681,016.

What is CVX's forecast return on assets (ROA) for 2024-2027?

(NYSE: CVX) forecast ROA is 10.65%, which is higher than the forecast US Oil & Gas Integrated industry average of 9.42%.

What is CVX's Price Target?

According to 14 Wall Street analysts that have issued a 1 year CVX price target, the average CVX price target is $185.21, with the highest CVX stock price forecast at $204.00 and the lowest CVX stock price forecast at $150.00.

On average, Wall Street analysts predict that Chevron's share price could reach $185.21 by Apr 18, 2025. The average Chevron stock price prediction forecasts a potential upside of 11.65% from the current CVX share price of $165.89.

What is CVX's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: CVX) Chevron's current Earnings Per Share (EPS) is $11.41. On average, analysts forecast that CVX's EPS will be $13.58 for 2024, with the lowest EPS forecast at $12.50, and the highest EPS forecast at $14.98. On average, analysts forecast that CVX's EPS will be $15.66 for 2025, with the lowest EPS forecast at $13.96, and the highest EPS forecast at $18.02. In 2026, CVX's EPS is forecast to hit $15.30 (min: $13.04, max: $16.44).

What is CVX's forecast return on equity (ROE) for 2024-2027?

(NYSE: CVX) forecast ROE is 17.31%, which is considered weak.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
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.