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Chevron Corp (CVX)
NYSE:CVX
CVX Analyst Ratings
Moderate Buy
10 Buy
5 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
CVX Stock 12 Month Forecast
Average Price Target
$169.46
▲(26.72% Upside)
| Highest Price Target$188.00 | Average Price Target$169.46 | Lowest Price Target$140.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
Mizuho Securities
Reiterated
04/15/25
Bank of America Securities
Reiterated
04/15/25
Exane BNP Paribas
Downgraded
04/15/25
Piper Sandler
Reiterated
04/14/25
Wells Fargo
Reiterated
04/14/25
TD Cowen
Reiterated
04/11/25
Bernstein
Reiterated
04/10/25
Scotiabank
Downgraded
04/10/25
RBC Capital
Reiterated
04/08/25
Barclays
$171
Buy
27.87%
Upside
Reiterated
04/04/25
Barclays Keeps Their Buy Rating on Chevron (CVX)
Goldman Sachs
$183
Buy
36.84%
Upside
Reiterated
03/04/25
Chevron's Strategic Growth and Shareholder Returns Drive Buy RatingWe reiterate our Buy-rating on CVX and highlight our expectations for a volume and FCF inflection in 2025/2026 underpinned by key strategic projects including of America. In addition, we highlight the company’s continued commitment to shareholder returns through the cycle, where we estimate a ~12% capital returns yield in 2026. Please see within for further details. s T engiz. In Kazakhstan, the company remains focused on a safe and steady ramp-up at Tengiz to full production rates (~1 MBOE/d) within the next three months. Management highlighted major milestones at the field thus far, namely the achievement of first oil at the Future Growth Project (FGP) earlier this year, which is expected to contribute ~260,000 bpd of additional crude oil production capacity to existing plants.
DBS
$182
Buy
36.10%
Upside
Reiterated
02/05/25
Chevron's Promising Growth and Financial Health Drive Buy RatingWe expect the upstream segment to remain robust, with oil prices staying elevated likely for years to come. After achieving 7% production growth in 2024, Chevron expects production growth of 6-8% range in 2025 (excluding asset sale impacts). CVX's project pipeline, including the Anchor project, Whale platform in Project (FGP), supports long-term production growth, with Kazakhstan (50% owned Tengiz oil field (TCO)) volumes reaching 1mmboepd over the next few months, driving significant free cash flow accretion in 2025/26. Meanwhile, Chevron has made progress on the previously announced USD53bn all-stock acquisition of Hess Corporation (secured Hess stockholder approval and cleared FTC antitrust review) with a target to close by 3Q25. There is some uncertainty in completion of the acquisition pending litigation around the stake in Guyana assets.
Truist Financial
$164→$160
Hold
19.64%
Upside
Reiterated
02/04/25
Truist Financial Sticks to Its Hold Rating for Chevron (CVX)
Raymond James
$180→$175
Buy
30.86%
Upside
Reiterated
02/03/25
Chevron price target lowered to $175 from $180 at Raymond JamesChevron price target lowered to $175 from $180 at Raymond James
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Mizuho Securities
Reiterated
04/15/25
Bank of America Securities
Reiterated
04/15/25
Exane BNP Paribas
Downgraded
04/15/25
Piper Sandler
Reiterated
04/14/25
Wells Fargo
Reiterated
04/14/25
TD Cowen
Reiterated
04/11/25
Bernstein
Reiterated
04/10/25
Scotiabank
Downgraded
04/10/25
RBC Capital
Reiterated
04/08/25
Barclays
$171
Buy
27.87%
Upside
Reiterated
04/04/25
Barclays Keeps Their Buy Rating on Chevron (CVX)
Goldman Sachs
$183
Buy
36.84%
Upside
Reiterated
03/04/25
Chevron's Strategic Growth and Shareholder Returns Drive Buy RatingWe reiterate our Buy-rating on CVX and highlight our expectations for a volume and FCF inflection in 2025/2026 underpinned by key strategic projects including of America. In addition, we highlight the company’s continued commitment to shareholder returns through the cycle, where we estimate a ~12% capital returns yield in 2026. Please see within for further details. s T engiz. In Kazakhstan, the company remains focused on a safe and steady ramp-up at Tengiz to full production rates (~1 MBOE/d) within the next three months. Management highlighted major milestones at the field thus far, namely the achievement of first oil at the Future Growth Project (FGP) earlier this year, which is expected to contribute ~260,000 bpd of additional crude oil production capacity to existing plants.
DBS
$182
Buy
36.10%
Upside
Reiterated
02/05/25
Chevron's Promising Growth and Financial Health Drive Buy RatingWe expect the upstream segment to remain robust, with oil prices staying elevated likely for years to come. After achieving 7% production growth in 2024, Chevron expects production growth of 6-8% range in 2025 (excluding asset sale impacts). CVX's project pipeline, including the Anchor project, Whale platform in Project (FGP), supports long-term production growth, with Kazakhstan (50% owned Tengiz oil field (TCO)) volumes reaching 1mmboepd over the next few months, driving significant free cash flow accretion in 2025/26. Meanwhile, Chevron has made progress on the previously announced USD53bn all-stock acquisition of Hess Corporation (secured Hess stockholder approval and cleared FTC antitrust review) with a target to close by 3Q25. There is some uncertainty in completion of the acquisition pending litigation around the stake in Guyana assets.
Truist Financial
$164→$160
Hold
19.64%
Upside
Reiterated
02/04/25
Truist Financial Sticks to Its Hold Rating for Chevron (CVX)
Raymond James
$180→$175
Buy
30.86%
Upside
Reiterated
02/03/25
Chevron price target lowered to $175 from $180 at Raymond JamesChevron price target lowered to $175 from $180 at Raymond James
Best Analysts Covering Chevron
Which Analyst Should I Follow If I Want to Buy CVX and Sell After:
1 Month
xxx
Success Rate
12/17 ratings generated profit
Average Return
+0.75%
reiterated a xxx
rating 8 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 70.59% of your transactions generating a profit, with an average return of +0.75% per trade.
3 Months
xxx
Success Rate
20/30 ratings generated profit
Average Return
+4.15%
reiterated a xxx
rating 9 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 66.67% of your transactions generating a profit, with an average return of +4.15% per trade.
1 Year
Success Rate
12/17 ratings generated profit
Average Return
+19.54%
reiterated a buy rating 3 months ago
Copying Justin Jenkins's trades and holding each position for 1 Year would result in 70.59% of your transactions generating a profit, with an average return of +19.54% per trade.
2 Years
xxx
Success Rate
16/30 ratings generated profit
Average Return
+16.98%
reiterated a xxx
rating 9 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 53.33% of your transactions generating a profit, with an average return of +16.98% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
CVX Analyst Recommendation Trends
Rating
Dec 24
Jan 25
Feb 25
Mar 25
Apr 25
Strong Buy
0
0
0
0
0
Buy
33
31
28
21
20
Hold
8
7
7
4
7
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
41
38
35
25
27
Each month's total comprises the sum of three months' worth of ratings.
CVX Financial Forecast
CVX Stock Forecast FAQ
What is CVX’s average 12-month price target, according to analysts?
Based on analyst ratings, Chevron Corp’s 12-month average price target is 169.46.
What is CVX’s upside potential, based on the analysts’ average price target?
Chevron Corp has 26.72% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is CVX a Buy, Sell or Hold?
Chevron Corp has a consensus rating of Moderate Buy which is based on 10 buy ratings, 5 hold ratings and 0 sell ratings.
What is Chevron Corp’s price target?
The average price target for Chevron Corp is 169.46. This is based on 15 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $188.00 ,the lowest forecast is $140.00. The average price target represents 26.72% Increase from the current price of $133.73.
The highest analyst price target is $188.00 ,the lowest forecast is $140.00. The average price target represents 26.72% Increase from the current price of $133.73.
What do analysts say about Chevron Corp?
Chevron Corp’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 15 Wall Streets Analysts.
How can I buy shares of CVX?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.