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

OverviewForecast
EarningsDividendOwnership

Analyst price target for CVX

Based on 19 analysts offering 12 month price targets for Chevron Corp.
Min Forecast
$107.00+9.59%
Avg Forecast
$122.68+25.65%
Max Forecast
$149.00+52.6%

Should I buy or sell CVX stock?

Based on 21 analysts offering ratings for Chevron Corp.
Buy
Strong Buy
10 analysts 47.62%
Buy
4 analysts 19.05%
Hold
7 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

CVX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
JP Morgan
Bottom 2%
2
HoldDowngrades$111.00+13.68%2021-09-15
Wells Fargo
Top 15%
86
HoldMaintains$107.00+9.59%2021-09-15
RBC Capital
Bottom 16%
16
HoldMaintains$130.00+33.14%2021-08-25
DZ Bank
Top 43%
58
HoldDowngrades$110.00+12.66%2021-08-04
Raymond James
Top 12%
89
BuyMaintains$125.00+28.02%2021-08-02
Redburn Partners
Bottom 29%
29
Strong BuyUpgradesN/AN/A2021-07-22
HSBC
Top 38%
63
HoldDowngrades$112.00+14.71%2021-07-22
BMO Capital
Top 31%
70
BuyInitiates Coverage On$123.00+25.97%2021-07-12
Mizuho
Bottom 19%
19
Strong BuyMaintains$135.00+38.26%2021-07-07
Truist Securities
Top 11%
90
Strong BuyMaintains$144.00+47.48%2021-07-01

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Forecast return on equity

Is CVX forecast to generate an efficient return?
Company
5.15%
Industry
74,927.48%
Market
2,556.64%
CVX's Return on Equity is forecast to be low in 3 years (5.15%); 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
2.83%
Industry
36,543.45%
Market
1,250.14%
CVX is forecast to generate lower Return on Assets (2.83%) than the US Energy industry average (36,543.45%)
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
$6.73+258.11%
Avg 2 year Forecast
$7.55+301.4%
Avg 3 year Forecast
$6.85+264.23%
CVX's earnings are forecast to grow at an exceptional rate of 57.03% per year
Forecast

CVX revenue forecast

What is CVX's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$145.9B+22.29%
Avg 2 year Forecast
$154.7B+29.62%
Avg 3 year Forecast
$143.8B+20.53%
CVX's revenue is forecast to grow at a rate of 7.43% per year, which is not exceptional
Forecast

CVX earnings growth forecast

How is CVX forecast to perform vs Energy companies and vs the US market?
Company
57.03%
Industry
47.44%
Market
18.71%
CVX's earnings are forecast to grow faster (57.03% per year) than the US Energy industry average (47.44%)
Forecast
CVX's earnings are forecast to grow faster (57.03% per year) than the US market average (18.71%)
Forecast
CVX's earnings are forecast to grow faster (57.03% per year) than the risk-free savings rate (1.3%)
Forecast

CVX revenue growth forecast

How is CVX forecast to perform vs Energy companies and vs the US market?
Company
7.43%
Industry
6.07%
Market
12.32%
CVX's revenues are forecast to grow faster (7.43% per year) than the US Energy industry average (6.07%)
Forecast
CVX's revenues are forecast to grow slower (7.43% per year) than the US market average (12.32%)
Forecast

Chevron Corp Stock Forecast FAQ

Is Chevron Corp Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 21 Wall Street analysts covering (NYSE: CVX) stock is to Buy CVX stock.

Out of 21 analysts, 10 (47.62%) are recommending CVX as a Strong Buy, 4 (19.05%) are recommending CVX as a Buy, 7 (33.33%) 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 2021-2023?

(NYSE: CVX) Chevron Corp's forecast annual earnings growth rate of 57.03% is forecast to beat the US Energy industry's average forecast earnings growth rate of 47.44%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 18.71%.

Chevron Corp's earnings in 2021 is $3,587,000,000.On average, 8 Wall Street analysts forecast CVX's earnings for 2021 to be $13,020,062,163, with the lowest CVX earnings forecast at $11,410,080,470, and the highest CVX earnings forecast at $15,103,852,283. On average, 8 Wall Street analysts forecast CVX's earnings for 2022 to be $14,593,879,703, with the lowest CVX earnings forecast at $14,098,218,072, and the highest CVX earnings forecast at $15,471,295,552.

In 2023, CVX is forecast to generate $13,242,462,037 in earnings, with the lowest earnings forecast at $12,086,949,650 and the highest earnings forecast at $14,639,713,416.

What is CVX's revenue growth forecast for 2021-2023?

(NYSE: CVX) Chevron Corp's forecast annual revenue growth rate of 7.43% is forecast to beat the US Energy industry's average forecast revenue growth rate of 6.07%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.32%.

Chevron Corp's revenue in 2021 is $119,323,000,000.On average, 4 Wall Street analysts forecast CVX's revenue for 2021 to be $282,200,907,874,630, with the lowest CVX revenue forecast at $257,666,227,631,917, and the highest CVX revenue forecast at $297,599,072,546,468. On average, 4 Wall Street analysts forecast CVX's revenue for 2022 to be $299,103,814,619,679, with the lowest CVX revenue forecast at $262,893,340,207,997, and the highest CVX revenue forecast at $324,315,099,096,856.

In 2023, CVX is forecast to generate $278,130,444,825,314 in revenue, with the lowest revenue forecast at $258,218,243,457,213 and the highest revenue forecast at $294,598,608,165,352.

What is CVX's forecast return on assets (ROA) for 2021-2024?

(NYSE: CVX) forecast ROA is 2.83%, which is lower than the forecast US Energy industry average of 36,543.45%.

What is CVX's Price Target?

According to 19 Wall Street analysts that have issued a 1 year CVX price target, the average CVX price target is $122.68, with the highest CVX stock price forecast at $149.00 and the lowest CVX stock price forecast at $107.00.

On average, Wall Street analysts predict that Chevron Corp's share price could stay at $122.68 by Sep 15, 2022. The average Chevron Corp stock price prediction forecasts a potential downside of N/A from the current CVX share price of $97.64.

What is CVX's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: CVX) Chevron Corp's current Earnings Per Share (EPS) is $1.88. On average, analysts forecast that CVX's EPS will be $6.73 for 2021, with the lowest EPS forecast at $5.90, and the highest EPS forecast at $7.81. On average, analysts forecast that CVX's EPS will be $7.55 for 2022, with the lowest EPS forecast at $7.29, and the highest EPS forecast at $8.00. In 2023, CVX's EPS is forecast to hit $6.85 (min: $6.25, max: $7.57).

What is CVX's forecast return on equity (ROE) for 2021-2024?

(NYSE: CVX) forecast ROE is 5.15%, which is considered weak.
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