Chevron (CVX) Stock Forecast & Price Target

$135.49 +0.51 (+0.38%)

Closing price 04/11/2025 03:59 PM Eastern

Extended Trading

$135.71 +0.22 (+0.16%)

As of 04/11/2025 07:59 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

Moderate Buy

Based on 16 Analyst Ratings

Sell
0

Hold
5

Buy
11

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, 5 have given a hold rating, and 11 have given a buy rating for CVX.

Consensus Price Target

$172.20
27.10% Upside

According to the 16 analysts' twelve-month price targets for Chevron, the average price target is $172.20. The highest price target for CVX is $189.00, while the lowest price target for CVX is $143.00. The average price target represents a forecasted upside of 27.10% from the current price of $135.49.

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CVX Analyst Ratings Over Time

Type	Current Forecast 4/13/24 to 4/13/25	1 Month Ago 3/14/24 to 3/14/25	3 Months Ago 1/14/24 to 1/13/25	1 Year Ago 4/14/23 to 4/13/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	11 Buy rating(s)	13 Buy rating(s)	13 Buy rating(s)	14 Buy rating(s)
Hold	5 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$172.20	$174.13	$174.87	$183.60
Forecasted Upside	27.10% Upside	10.84% Upside	12.77% Upside	15.50% 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	2.69	2.70	2.54
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	27.10% Upside	961.76% Upside	27.84% 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
4/11/2025	Scotiabank 5 of 5 stars	Paul Cheng Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Sector Outperform ➝ Sector Perform	$160.00 ➝ $143.00	+6.02%
4/7/2025	UBS Group 3 of 5 stars	Josh Silverstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$194.00 ➝ $185.00	+32.70%
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 Subscribe to MarketBeat All Access for the recommendation accuracy rating	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	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%
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10/17/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$168.00	+12.99%
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 Sunday at 11:19 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 Wednesday, April 9, 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 recently increased its quarterly dividend to $1.71 per share, reflecting a strong commitment to returning value to shareholders. This increase from the previous dividend of $1.63 indicates a positive outlook on cash flow and profitability.
The company reported a net margin of 8.71% and a return on equity of 11.44%, showcasing its efficiency in generating profit relative to its revenue and equity. These metrics are crucial for assessing a company's profitability and operational effectiveness.
Chevron's current stock price is approximately $152.50, which may present a buying opportunity for investors looking to enter at a favorable valuation compared to its historical performance.
Analysts have a consensus rating of "Moderate Buy" for Chevron, with a target price of $173.53, suggesting potential upside for investors based on current market conditions and company performance.
Institutional investors hold 72.42% of Chevron's stock, indicating strong confidence from large financial entities in the company's future prospects and stability.

Chevron
Bear Case

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

Chevron's recent earnings report showed an EPS of $2.06, which missed the consensus estimate of $2.42 by $0.36. This shortfall may raise concerns about the company's ability to meet growth expectations.
The company experienced a significant decline in EPS compared to the same quarter last year, where it posted $3.45. This drop could indicate challenges in maintaining profitability in a competitive market.
Insider trading activity has shown a notable sale by a vice president, who sold 9,325 shares at an average price of $152.50, which may signal a lack of confidence in the stock's short-term performance.
Several analysts have recently downgraded their price targets for Chevron, with reductions from firms like Wells Fargo and Barclays, which could reflect a more cautious outlook on the company's future earnings potential.
The dividend payout ratio is currently at 70.37%, which indicates that a significant portion of earnings is being distributed as dividends. While this is attractive for income investors, it may limit the company's ability to reinvest in growth opportunities.

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 $172.20, with a high forecast of $189.00 and a low forecast of $143.00.
: 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chevron in the last twelve months. There are currently 5 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CVX shares.
: According to analysts, Chevron's stock has a predicted upside of 27.10% based on their 12-month stock forecasts.
: Over the previous 90 days, Chevron's stock had 1 downgrade by analysts.
: Chevron has been rated by research analysts at Barclays, Raymond James, 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 score for Chevron is 2.69 while the average consensus rating score for "energy" companies is 2.70. Learn more on how CVX compares to other companies.

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This page (NYSE:CVX) was last updated on 4/13/2025 by MarketBeat.com Staff

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Chevron (CVX) Stock Forecast & Price Target