CHEVRON CORP (CVX) Forecast, Price Target & Analyst Ratings

NYSE:CVX • US1667641005

Current stock price

188.55 USD
-1.81 (-0.95%)
At close:
188.5 USD
-0.05 (-0.03%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CHEVRON CORP (CVX).

Forecast Snapshot

Consensus Price Target

Price Target
$198.56
+ 5.31% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 1, 2026
Period
Q1 / 2026
EPS Estimate
$1.81
Revenue Estimate
49.992B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
76.88%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$198.56
Upside
+ 5.31%
From current price of $188.55 to mean target of $198.56, Based on 32 analyst forecasts
Low
$166.65
Median
$197.88
High
$254.10

Price Target Revisions

1 Month
5.89%
3 Months
12.80%

Price Target Summary

32 Wall Street analysts provided a forecast for the next 12 months for CVX. The average price target is 198.56 USD. This implies a price increase of 5.31% is expected in the next year compared to the current price of 188.55.
The average price target has been revised upward by 12.8% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

CVX Current Analyst RatingCVX Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15

Analyst Ratings History

CVX Historical Analyst RatingsCVX Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
76.88%
CVX was analyzed by 32 analysts. The buy percentage consensus is at 77. So analysts seem to be have mildly positive about CVX.
In the previous month the buy percentage consensus was at a similar level.
CVX was analyzed by 32 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-09Wells FargoMaintains Overweight -> Overweight
2026-04-02CitigroupMaintains Buy -> Buy
2026-03-27Morgan StanleyMaintains Overweight -> Overweight
2026-03-17MizuhoMaintains Outperform -> Outperform
2026-03-16BarclaysMaintains Equal-Weight -> Equal-Weight
2026-03-12Piper SandlerMaintains Overweight -> Overweight
2026-03-02B of A SecuritiesMaintains Buy -> Buy
2026-03-02CitigroupMaintains Buy -> Buy
2026-02-02Wells FargoMaintains Overweight -> Overweight
2026-01-23Morgan StanleyMaintains Overweight -> Overweight
2026-01-21BarclaysMaintains Equal-Weight -> Equal-Weight
2026-01-20JP MorganReiterate Overweight
2026-01-14JefferiesMaintains Buy -> Buy
2026-01-08Piper SandlerMaintains Overweight -> Overweight
2026-01-06Freedom Capital MarketsDowngrade Hold -> Sell
2026-01-05BernsteinMaintains Market Perform -> Market Perform
2026-01-05CitigroupMaintains Buy -> Buy
2025-12-12MizuhoMaintains Outperform -> Outperform
2025-12-11B of A SecuritiesMaintains Buy -> Buy
2025-12-01HSBCUpgrade Hold -> Buy
2025-11-14Wells FargoMaintains Overweight -> Overweight
2025-11-13MizuhoMaintains Outperform -> Outperform
2025-11-13Morgan StanleyMaintains Overweight -> Overweight
2025-11-13Piper SandlerMaintains Overweight -> Overweight
2025-11-10Piper SandlerMaintains Overweight -> Overweight

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 1, 2026
Period
Q1 / 2026
EPS Estimate
$1.81
Revenue Estimate
49.992B
Revenue Q2Q
5.00%
EPS Q2Q
-17.19%
Number of Analysts
21

Next Earnings Revisions

Revenue (1 Month)
3.56%
Revenue (3 Months)
5.77%
EPS (1 Month)
18.18%
EPS (3 Months)
1.54%

Next Earnings Summary

CVX is expected to report earnings on 5/1/2026. The consensus EPS estimate for the next earnings is 1.81 USD and the consensus revenue estimate is 49.99B USD.
The next earnings revenue estimate has been revised upward by 5.77% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
CVX revenue by date.CVX revenue by date.
196.913B
-16.46%		193.414B
-1.78%		184.432B
-4.64%		201.661B
9.34%		202.868B
0.60%		203.653B
0.39%		180.197B
-11.52%		N/A
EBITDA
YoY % growth
CVX ebitda by date.CVX ebitda by date.
42.46B
-27.07%		41.961B
-1.18%		38.281B
-8.77%		44.959B
17.44%		51.786B
15.18%		54.334B
4.92%		53.816B
-0.95%		57.744B
7.30%
EBIT
YoY % growth
CVX ebit by date.CVX ebit by date.
25.134B
-40.01%		24.679B
-1.81%		18.149B
-26.46%		21.742B
19.80%		25.71B
18.25%		29.356B
14.18%		33.964B
15.70%		35.565B
4.71%
Operating Margin
CVX operating margin by date.CVX operating margin by date.
12.76%12.76%9.84%10.78%12.67%14.41%18.85%N/A
EPS
YoY % growth
CVX eps by date.CVX eps by date.
13.13
-30.27%		10.05
-23.46%		7.32
-27.16%		6.72
-8.16%		9.19
36.68%		10.90
18.66%		12.95
18.78%		14.51
12.05%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		1.81
-17.19%		2.21
24.75%		2.16
16.91%		2.18
43.19%		2.24
23.93%		2.31
4.39%		2.48
14.61%		2.42
10.99%		3.14
40.54%		3.22
39.77%		3.65
47.23%		3.38
39.92%
Revenue
Q2Q % growth		49.992B
5.00%		49.254B
9.89%		49.364B
-0.73%		50.03B
6.74%		49.764B
-0.46%		50.072B
1.66%		50.923B
3.16%		49.537B
-0.99%		50.896B
2.27%		50.305B
0.47%		50.899B
-0.05%		49.074B
-0.93%
EBITDA
Q2Q % growth		11.776B
30.27%		13.28B
7.34%		13.315B
-30.14%		13.153B
-46.34%		12.966B
10.11%		13.361B
0.61%		14.087B
5.80%		13.765B
4.65%		13.3B
2.58%		13.566B
1.53%		14.573B
3.45%		13.91B
1.05%
EBIT
Q2Q % growth		5.835B
18.67%		5.922B
51.65%		6.069B
26.12%		6.165B
40.69%		5.028B
-13.83%		4.939B
-16.60%		4.604B
-24.14%		5.109B
-17.13%		6.534B
29.95%		5.448B
10.31%		5.045B
9.58%		5.382B
5.34%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

CVX Yearly Revenue VS EstimatesCVX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 50B 100B 150B 200B
CVX Yearly EPS VS EstimatesCVX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 5 10 15

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
14.20%
EPS Next 5 Year
14.67%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
2.55%
Revenue Next 5 Year
-1.16%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
35.86%
EBIT Next 5 Year
21.66%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

CHEVRON CORP / CVX Forecast FAQ

What is the price target for CVX stock?

32 analysts have analysed CVX and the average price target is 198.56 USD. This implies a price increase of 5.31% is expected in the next year compared to the current price of 188.55.

Can you provide the upcoming earnings date for CHEVRON CORP?

CHEVRON CORP (CVX) will report earnings on 2026-05-01, before the market open.

What are the consensus estimates for CHEVRON CORP (CVX) next earnings?

The consensus EPS estimate for the next earnings of CHEVRON CORP (CVX) is 1.81 USD and the consensus revenue estimate is 49.99B USD.

Can you provide the analyst count for CHEVRON CORP stock?

The number of analysts covering CHEVRON CORP (CVX) is 32.