Chevron (CVX) Stock Forecast & Price Target

$155.98 -10.50 (-6.30%)

Closing price 04/3/2025 03:59 PM Eastern

Extended Trading

$154.36 -1.61 (-1.03%)

As of 06:06 AM 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

Moderate Buy

Based on 16 Analyst Ratings

Sell
0

Hold
4

Buy
12

Based on 16 Wall Street analysts who have issued ratings for Chevron in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 4 have given a hold rating, and 12 have given a buy rating for CVX.

Consensus Price Target

$174.13
11.64% Upside

According to the 16 analysts' twelve-month price targets for Chevron, the average price target is $174.13. The highest price target for CVX is $194.00, while the lowest price target for CVX is $160.00. The average price target represents a forecasted upside of 11.64% from the current price of $155.98.

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CVX Analyst Ratings Over Time

Type	Current Forecast 4/4/24 to 4/4/25	1 Month Ago 3/5/24 to 3/5/25	3 Months Ago 1/5/24 to 1/4/25	1 Year Ago 4/5/23 to 4/4/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	12 Buy rating(s)	13 Buy rating(s)	14 Buy rating(s)	12 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	6 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$174.13	$174.13	$175.19	$181.32
Forecasted Upside	11.64% Upside	15.37% Upside	18.49% Upside	12.84% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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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.

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.

Chevron Stock vs. The Competition

Type	Chevron	Energy Companies	S&P 500
Consensus Rating Score	2.75	2.71	2.54
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	11.64% Upside	1,885.00% Upside	25.04% Upside
News Sentiment Rating	Positive News See Recent CVX News	Positive News	Positive News

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Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
2/5/2025	Barclays 3 of 5 stars	Betty Jiang Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$174.00 ➝ $171.00	+11.67%
2/4/2025	Truist Financial 2 of 5 stars	Neal Dingmann Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold ➝ Hold	$164.00 ➝ $160.00	+4.55%
2/3/2025	UBS Group 4 of 5 stars	Josh Silverstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$195.00 ➝ $194.00	+29.49%
2/3/2025	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Biraj Borkhataria Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$175.00 ➝ $175.00	+16.16%
2/3/2025	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Roger Read Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$188.00 ➝ $184.00	+22.59%
2/3/2025	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Justin Jenkins Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$180.00 ➝ $175.00	+17.28%
12/19/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$184.00 ➝ $173.00	+22.21%
11/26/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Syme Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$145.00 ➝ $185.00	+15.35%
11/5/2024	DZ Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$170.00	+10.41%
10/17/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$168.00	+12.99%
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10/10/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Outperform ➝ Sector Outperform	$180.00 ➝ $163.00	+8.03%
9/16/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$205.00 ➝ $189.00	+32.83%
7/18/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Margolin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Strong-Buy ➝ Peer Perform
7/17/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Brackett Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform	$183.00 ➝ $167.00	+5.85%
4/30/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$175.00 ➝ $178.00	+8.68%
4/29/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$155.00 ➝ $160.00	-3.55%
4/1/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy
1/8/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$184.00	+22.34%
10/17/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$203.00 ➝ $201.00	+20.29%
10/12/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform	$190.00	+17.94%
5/31/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underweight ➝ 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 Friday at 06:07 AM 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 Monday, March 31, 2025. Please send any questions or comments about these Chevron pros and cons to contact@marketbeat.com.

Chevron
Bull Case

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

Chevron has a strong market capitalization of approximately $294.94 billion, indicating its significant presence and stability in the oil and gas sector.
The stock is currently trading at $167.52, reflecting a recent increase of 0.9%, which may suggest positive market sentiment towards the company.
Institutional investors hold 72.42% of Chevron's stock, which often indicates confidence in the company's long-term performance and stability.
Chevron has received multiple "buy" ratings from analysts, with a consensus target price of $174.13, suggesting potential for price appreciation.
Recent increases in institutional holdings, such as Intrust Bank NA raising its stake by 6.6%, demonstrate growing confidence among investors in Chevron's future prospects.

Chevron
Bear Case

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

Analysts have recently downgraded price targets for Chevron, with Barclays reducing its target from $174.00 to $171.00, indicating potential concerns about future performance.
The stock has shown volatility, with a recent decrease of 0.4% to $166.06, which may raise concerns about short-term price stability.
Chevron's price-to-earnings (P/E) ratio is around 17.23, which, while not excessively high, may suggest that the stock is fairly valued, limiting upside potential.
There is a competitive landscape in the oil and gas industry, with other companies also vying for market share, which could impact Chevron's growth prospects.
Recent reports indicate that some hedge funds are reducing their stakes in Chevron, which could signal a lack of confidence in the company's near-term performance.

CVX Forecast - Frequently Asked Questions

: According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Chevron is $174.13, with a high forecast of $194.00 and a low forecast of $160.00.
: 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Chevron in the last year. There are currently 4 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CVX shares.
: According to analysts, Chevron's stock has a predicted upside of 11.64% based on their 12-month stock forecasts.
: Chevron has been rated by research analysts at Barclays, Raymond James, Royal Bank of Canada, Truist Financial, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Chevron more than other "energy" companies. The consensus rating score for Chevron is 2.75 while the average consensus rating score for "energy" companies is 2.71. Learn more on how CVX compares to other companies.

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

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Chevron (CVX) Stock Forecast & Price Target