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The latest update is out from Chevron ( (CVX) ).
On January 28, 2026, Chevron’s independent directors completed their annual review of executive compensation and approved base salary increases for key executives, including a $75,000 raise for Chairman and CEO Michael K. Wirth to $1,975,000, as well as higher salaries for CFO Eimear P. Bonner, Vice Chairman Mark A. Nelson, and Chief Legal Officer R. Hewitt Pate, effective March 1, 2026. The Board maintained existing 2026 target bonus percentages under the Chevron Incentive Plan for these executives, while also approving substantial 2026 long-term equity awards under the company’s 2022 Long-Term Incentive Plan, led by a $23 million grant value for Wirth and multi-million-dollar awards for the other named executives, signaling continued emphasis on performance-based and equity-linked compensation for the leadership team.
The most recent analyst rating on (CVX) stock is a Buy with a $188.00 price target. To see the full list of analyst forecasts on Chevron stock, see the CVX Stock Forecast page.
Spark’s Take on CVX Stock
According to Spark, TipRanks’ AI Analyst, CVX is a Outperform.
The score is driven primarily by solid financial strength (profitability and a strong balance sheet) and a constructive earnings outlook centered on production growth, cost reductions, and shareholder returns. Technicals support the trend but look overbought, and valuation is only moderate due to a higher P/E despite a strong dividend yield.
To see Spark’s full report on CVX stock, click here.
More about Chevron
Chevron Corporation is a global integrated energy company operating primarily in the oil and gas industry, engaged in exploration, production, refining, and marketing of petroleum products and petrochemicals, with a significant presence in both upstream and downstream markets worldwide.
Average Trading Volume: 9,754,343
Technical Sentiment Signal: Buy
Current Market Cap: $342.2B
For an in-depth examination of CVX stock, go to TipRanks’ Overview page.