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Chevron (CVX) Stock Forecast & Price Target

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$139.02 +2.34 (+1.71%)
As of 03:59 PM Eastern

Chevron - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
2
Hold
6
Buy
10

Based on 18 Wall Street analysts who have issued ratings for Chevron in the last 12 months, the stock has a consensus rating of "Hold." Out of the 18 analysts, 2 have given a sell rating, 6 have given a hold rating, and 10 have given a buy rating for CVX.

Consensus Price Target

$165.71
19.20% Upside
According to the 18 analysts' twelve-month price targets for Chevron, the average price target is $165.71. The highest price target for CVX is $189.00, while the lowest price target for CVX is $124.00. The average price target represents a forecasted upside of 19.20% from the current price of $139.02.
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CVX Analyst Ratings Over Time

TypeCurrent Forecast
4/24/24 to 4/24/25
1 Month Ago
3/25/24 to 3/25/25
3 Months Ago
1/25/24 to 1/24/25
1 Year Ago
4/25/23 to 4/24/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
10 Buy rating(s)
13 Buy rating(s)
13 Buy rating(s)
14 Buy rating(s)
Hold
6 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
Sell
2 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$165.71$174.13$175.27$184.75
Forecasted Upside19.20% Upside4.94% Upside12.63% Upside12.87% Upside
Consensus Rating
Hold
Moderate Buy
Moderate Buy
Moderate Buy

CVX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CVX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Chevron Stock vs. The Competition

TypeChevronEnergy CompaniesS&P 500
Consensus Rating Score
2.44
2.70
2.54
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside19.36% Upside882.15% Upside21.45% Upside
News Sentiment Rating
Positive News

See Recent CVX News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/23/2025Redburn Atlantic
5 of 5 stars
Peter Low
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Reiterated RatingNeutral ➝ Sell$156.00 ➝ $124.00-9.66%
4/23/2025Barclays
3 of 5 stars
Betty Jiang
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DowngradeOverweight ➝ Equal Weight$171.00 ➝ $152.00+10.74%
4/15/2025BNP Paribas
3 of 5 stars
 DowngradeCautious
4/15/2025Wells Fargo & Company
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Roger Read
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Lower TargetOverweight ➝ Overweight$184.00 ➝ $173.00+27.91%
4/11/2025Scotiabank
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Paul Cheng
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DowngradeSector Outperform ➝ Sector Perform$160.00 ➝ $143.00+6.02%
4/7/2025UBS Group
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Josh Silverstein
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Lower TargetBuy ➝ Buy$194.00 ➝ $185.00+32.70%
2/4/2025Truist Financial
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Neal Dingmann
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Lower TargetHold ➝ Hold$164.00 ➝ $160.00+4.55%
2/3/2025Royal Bank of Canada
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Biraj Borkhataria
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Reiterated RatingOutperform ➝ Outperform$175.00 ➝ $175.00+16.16%
2/3/2025Raymond James
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Justin Jenkins
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Lower TargetOutperform ➝ Outperform$180.00 ➝ $175.00+17.28%
12/19/2024Piper Sandler
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 Lower TargetOverweight ➝ Overweight$184.00 ➝ $173.00+22.21%
11/26/2024Citigroup
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A. Syme
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UpgradeNeutral ➝ Buy$145.00 ➝ $185.00+15.35%
11/5/2024DZ Bank
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 UpgradeHold ➝ Buy$170.00+10.41%
10/17/2024Bank of America
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 Initiated CoverageBuy$168.00+12.99%
9/16/2024Mizuho
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 Lower TargetOutperform ➝ Outperform$205.00 ➝ $189.00+32.83%
7/18/2024Wolfe Research
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S. Margolin
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Initiated CoverageStrong-Buy ➝ Peer Perform
7/17/2024Sanford C. Bernstein
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B. Brackett
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DowngradeOutperform ➝ Market Perform$183.00 ➝ $167.00+5.85%
4/30/2024HSBC
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 Boost TargetBuy ➝ Buy$175.00 ➝ $178.00+8.68%
4/29/2024TD Cowen
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 Boost TargetHold ➝ Hold$155.00 ➝ $160.00-3.55%
4/1/2024The Goldman Sachs Group
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 Reiterated RatingBuy ➝ Buy
1/8/2024Jefferies Financial Group
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 UpgradeHold ➝ Buy$184.00+22.34%
10/17/2023Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$203.00 ➝ $201.00+20.29%
5/31/2023JPMorgan Chase & Co.
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 UpgradeUnderweight ➝ Neutral$161.00 ➝ $170.00+11.05%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 10:12 PM ET.


Should I Buy Chevron Stock? CVX Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, April 20, 2025. Please send any questions or comments about these Chevron pros and cons to contact@marketbeat.com.

Chevron
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Chevron:

  • The current stock price is around $137, which is near its one-year low, potentially offering a buying opportunity for investors looking for value.
  • Chevron recently increased its quarterly dividend to $1.71 per share, reflecting a commitment to returning value to shareholders, with an annualized yield of approximately 4.97%.
  • The company has a strong market capitalization of $242.39 billion, indicating a solid position in the energy sector and potential for stability.
  • With a low debt-to-equity ratio of 0.13, Chevron demonstrates financial stability and lower risk, making it an attractive option for conservative investors.
  • Analysts have a consensus rating of "Moderate Buy" for Chevron, with an average price target of $169.50, suggesting potential upside for investors.

Chevron
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Chevron for these reasons:

  • The company reported earnings per share of $2.06, which missed the consensus estimate, indicating potential challenges in meeting market expectations.
  • Chevron's return on equity is 11.44%, which, while positive, may be lower compared to some competitors in the energy sector, suggesting less efficiency in generating profits from equity.
  • Recent analyst downgrades and price target reductions from firms like UBS and BNP Paribas may signal caution among market experts regarding Chevron's future performance.
  • The stock has a beta of 0.93, indicating it is less volatile than the market, which may limit potential high returns for aggressive investors.
  • With a quick ratio of 0.80, Chevron may face challenges in meeting short-term liabilities, which could raise concerns about liquidity in a volatile market.

CVX Forecast - Frequently Asked Questions

According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for Chevron is $165.71, with a high forecast of $189.00 and a low forecast of $124.00.

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chevron in the last twelve months. There are currently 2 sell ratings, 6 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CVX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CVX, but not buy additional shares or sell existing shares.

According to analysts, Chevron's stock has a predicted upside of 19.20% based on their 12-month stock forecasts.

Over the previous 90 days, Chevron's stock had 3 downgrades by analysts.

Chevron has been rated by research analysts at Barclays, BNP Paribas, Raymond James, Redburn Atlantic, Royal Bank of Canada, Scotiabank, Truist Financial, UBS Group, and Wells Fargo & Company in the past 90 days.

Analysts like Chevron less than other "energy" companies. The consensus rating for Chevron is Hold while the average consensus rating for "energy" companies is Moderate Buy. Learn more on how CVX compares to other companies.


This page (NYSE:CVX) was last updated on 4/24/2025 by MarketBeat.com Staff
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