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

OverviewForecast
EarningsDividendOwnershipStatistics

Analyst price target for CVX

Based on 11 analysts offering 12 month price targets for Chevron Corp.
Min Forecast
$169.00+16.7%
Avg Forecast
$187.00+29.13%
Max Forecast
$210.00+45.02%

Should I buy or sell CVX stock?

Based on 11 analysts offering ratings for Chevron Corp.
Buy
Strong Buy
5 analysts 45.45%
Buy
3 analysts 27.27%
Hold
3 analysts 27.27%
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%2023-11-14Find Out Why
lockedlocked$00.00+00.00%2023-11-02Find Out Why
lockedlocked$00.00+00.00%2023-10-30Find Out Why
lockedlocked$00.00+00.00%2023-10-30
lockedlocked$00.00+00.00%2023-10-24Find Out Why
RBC Capital
Top 36%
65
BuyReiterates$180.00+24.30%2023-10-24Find out why
Morgan Stanley
Top 2%
99
HoldMaintains$201.00+38.80%2023-10-17
UBS
Top 26%
75
Strong BuyMaintains$210.00+45.02%2023-10-04
Goldman Sachs
Top 5%
96
Strong BuyMaintains$187.00+29.13%2023-08-01
Citigroup
Top 29%
72
HoldMaintains$170.00+17.40%2023-07-11

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Forecast return on equity

Is CVX forecast to generate an efficient return?
Company
17.81%
Industry
12.73%
Market
30.07%
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
11.15%
Industry
7.97%
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 6 analysts?
Avg 1 year Forecast
$13.38-1.04%
Avg 2 year Forecast
$14.99+10.87%
Avg 3 year Forecast
$16.11+19.16%
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 5 analysts?
Avg 1 year Forecast
$209.0B-0.6%
Avg 2 year Forecast
$222.8B+5.96%
Avg 3 year Forecast
$231.2B+9.95%
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
6.28%
Industry
-7.79%
Market
17.7%
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
3.37%
Industry
2.98%
Market
7.5%
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$144.81$187.00+29.13%Buy
SHEL$65.43$72.00+10.04%Strong Buy
TTE$67.37$60.67-9.95%Buy
XOM$102.99$129.25+25.50%Strong Buy
BP$35.98$43.00+19.51%Buy
View Top Oil & Gas Integrated Stocks

Chevron Stock Forecast FAQ

Is Chevron Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NYSE: CVX) stock is to Buy CVX stock.

Out of 11 analysts, 5 (45.45%) are recommending CVX as a Strong Buy, 3 (27.27%) are recommending CVX as a Buy, 3 (27.27%) 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 2023-2025?

(NYSE: CVX) Chevron's forecast annual earnings growth rate of 6.28% is forecast to beat the US Oil & Gas Integrated industry's average forecast earnings growth rate of -7.79%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.7%.

Chevron's earnings in 2023 is $25,463,000,000.On average, 6 Wall Street analysts forecast CVX's earnings for 2023 to be $25,258,077,138, with the lowest CVX earnings forecast at $24,502,977,672, and the highest CVX earnings forecast at $26,806,031,043. On average, 9 Wall Street analysts forecast CVX's earnings for 2024 to be $28,297,352,488, with the lowest CVX earnings forecast at $22,558,596,547, and the highest CVX earnings forecast at $31,751,932,545.

In 2025, CVX is forecast to generate $30,411,630,993 in earnings, with the lowest earnings forecast at $27,749,905,376 and the highest earnings forecast at $33,564,171,264.

What is CVX's revenue growth forecast for 2023-2025?

(NYSE: CVX) Chevron's forecast annual revenue growth rate of 3.37% is forecast to beat the US Oil & Gas Integrated industry's average forecast revenue growth rate of 2.98%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 7.5%.

Chevron's revenue in 2023 is $210,242,000,000.On average, 5 Wall Street analysts forecast CVX's revenue for 2023 to be $394,516,448,002,282, with the lowest CVX revenue forecast at $391,492,123,621,058, and the highest CVX revenue forecast at $399,194,659,192,890. On average, 5 Wall Street analysts forecast CVX's revenue for 2024 to be $420,553,153,505,342, with the lowest CVX revenue forecast at $390,343,760,802,171, and the highest CVX revenue forecast at $453,969,574,456,530.

In 2025, CVX is forecast to generate $436,372,717,623,379 in revenue, with the lowest revenue forecast at $411,254,088,479,563 and the highest revenue forecast at $477,962,859,988,680.

What is CVX's forecast return on assets (ROA) for 2023-2026?

(NYSE: CVX) forecast ROA is 11.15%, which is higher than the forecast US Oil & Gas Integrated industry average of 7.97%.

What is CVX's Price Target?

According to 11 Wall Street analysts that have issued a 1 year CVX price target, the average CVX price target is $187.00, with the highest CVX stock price forecast at $210.00 and the lowest CVX stock price forecast at $169.00.

On average, Wall Street analysts predict that Chevron's share price could reach $187.00 by Nov 14, 2024. The average Chevron stock price prediction forecasts a potential upside of 29.13% from the current CVX share price of $144.81.

What is CVX's Earnings Per Share (EPS) forecast for 2023-2025?

(NYSE: CVX) Chevron's current Earnings Per Share (EPS) is $13.52. On average, analysts forecast that CVX's EPS will be $13.38 for 2023, with the lowest EPS forecast at $12.98, and the highest EPS forecast at $14.20. On average, analysts forecast that CVX's EPS will be $14.99 for 2024, with the lowest EPS forecast at $11.95, and the highest EPS forecast at $16.82. In 2025, CVX's EPS is forecast to hit $16.11 (min: $14.70, max: $17.78).

What is CVX's forecast return on equity (ROE) for 2023-2026?

(NYSE: CVX) forecast ROE is 17.81%, which is considered weak.
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