Chevron (CVX) Stock Forecast & Price Target

$136.08 -3.22 (-2.31%)

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

Hold

Based on 16 Analyst Ratings

Sell
2

Hold
5

Buy
9

Based on 16 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 16 analysts, 2 have given a sell rating, 5 have given a hold rating, and 9 have given a buy rating for CVX.

Consensus Price Target

$165.27
21.45% Upside

According to the 16 analysts' twelve-month price targets for Chevron, the average price target is $165.27. 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 21.45% from the current price of $136.08.

Get the Latest News and Ratings for CVX and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Chevron and its competitors.

CVX Analyst Ratings Over Time

Type	Current Forecast 4/30/24 to 4/30/25	1 Month Ago 3/31/24 to 3/31/25	3 Months Ago 1/31/24 to 1/30/25	1 Year Ago 5/1/23 to 4/30/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 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	2 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$165.27	$174.13	$175.27	$185.35
Forecasted Upside	21.45% Upside	3.95% Upside	12.22% Upside	14.93% 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.

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	2.44	2.69	2.54
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	22.22% Upside	903.58% Upside	20.65% Upside
News Sentiment Rating	Positive News See Recent CVX News	Positive News	Positive News

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
4/23/2025	Redburn Atlantic 5 of 5 stars	Peter Low Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral ➝ Sell	$156.00 ➝ $124.00	-9.66%
4/23/2025	Barclays 3 of 5 stars	Betty Jiang Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Equal Weight	$171.00 ➝ $152.00	+10.74%
4/15/2025	BNP Paribas 3 of 5 stars		Downgrade	Cautious
4/15/2025	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	$184.00 ➝ $173.00	+27.91%
4/11/2025	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	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 Subscribe to MarketBeat All Access for the recommendation accuracy rating	Josh Silverstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$194.00 ➝ $185.00	+32.70%
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	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%
Get the Latest News and Ratings for CVX and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Chevron and its competitors with MarketBeat's FREE daily newsletter.
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%
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%
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 Wednesday at 06:00 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 Thursday, April 24, 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:

The current stock price is around $152.50, which may present a buying opportunity for investors looking for value in the energy sector.
Chevron recently increased its quarterly dividend to $1.71, reflecting a commitment to returning value to shareholders. This annualizes to $6.84, providing a yield of approximately 4.92%.
The company has a solid net margin of 8.71%, indicating efficient management and profitability in its operations.
Chevron's return on equity stands at 11.44%, suggesting effective use of shareholder funds to generate profits.
With a projected earnings per share (EPS) of 10.79 for the current fiscal year, analysts anticipate continued profitability and growth potential.

Chevron
Bear Case

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

The company reported earnings per share of $2.06 for the last quarter, missing analysts' expectations of $2.42, which may raise concerns about future performance.
Chevron's payout ratio is currently at 70.37%, indicating that a significant portion of earnings is being distributed as dividends, which could limit reinvestment in growth opportunities.
Recent insider selling, including a significant transaction by a vice president, may signal a lack of confidence in the company's short-term prospects.
Chevron operates in a volatile industry, and fluctuations in oil and gas prices can significantly impact its profitability and stock performance.
With 72.42% of the stock owned by institutional investors, any shifts in their investment strategies could lead to increased volatility in Chevron's stock price.

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 $165.27, with a high forecast of $189.00 and a low forecast of $124.00.
: 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Chevron in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street 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 21.45% 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.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top-Rated Stocks

More Ratings Tools

This page (NYSE:CVX) was last updated on 4/30/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Chevron (CVX) Stock Forecast & Price Target