CVXCVXEnergy · Oil & Gas Integrated

CVX Stock Forecast: Chevron Corp. Price Predictions for 2026-2027

Last close, 24 Aug 2026
$203
−1.06% on the day

The 25 Wall Street analysts covering Chevron Corp. hold a median 12-month price target of $221 — +8.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 29 of 100 as at 22 Aug 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$402.7B
Ticker Nerd rank
29 / 100
Median analyst target
$221
Analysts covering
25
Revenue$67.2B+51.4% y/y
Operating income$14.3B
Net income$12.2B
Free cash flow$18.1B
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+1.1%
1M
+5.2%
YTD
+36.9%
1Y
+33.4%
From 52W high
−2.1%
From 52W low
+42.2%
$143
$207
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

CVX stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Chevron Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 22 Aug 2026
29 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Growth
85
Revisions
73
Momentum
69
Accruals
42
Value
34
Issuance
25
Quality
18
Volatility
8
Size
1

Growth (85): Sales and profits are climbing, and climbing faster than before.

Volatility (8): The share price moves around a lot.

Size (1): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

CVX stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on CVX, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$140$160$180$200$220$240Oct 25Jan 26Apr 26Jul 26CVXHigh $236Median $221Low $175

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says25 analysts
20 Buy4 Hold1 Sell
Low $175Median $221High $236

The green dot is the last close — the median target sits +8.8% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 6 moved their price target up and 2 moved it down.

DateFirmActionRatingTarget
19 Aug 2026Morgan StanleyMaintainsOverweight$210$218
17 Aug 2026BarclaysMaintainsEqual-Weight$216$208
5 Aug 2026TD CowenMaintainsHold
5 Aug 2026TD CowenMaintainsHold$200$205
3 Aug 2026BarclaysMaintainsEqual-Weight
3 Aug 2026BarclaysMaintainsEqual-Weight$213$216
3 Aug 2026BernsteinMaintainsMarket Perform
3 Aug 2026BernsteinMaintainsMarket Perform$204$209
28 July 2026B of A SecuritiesMaintainsBuy
28 July 2026B of A SecuritiesMaintainsBuy$210$227
23 July 2026Piper SandlerAssumesOverweight$207
22 July 2026TD CowenMaintainsHold
22 July 2026TD CowenMaintainsHold$197$200
2 July 2026Wolfe ResearchUpgradeOutperform
2 July 2026Wolfe ResearchUpgradeOutperform$210
29 June 2026Morgan StanleyMaintainsOverweight
29 June 2026Morgan StanleyMaintainsOverweight$214$210
27 May 2026MizuhoMaintainsOutperform
26 May 2026BarclaysMaintainsEqual-Weight
22 May 2026Morgan StanleyMaintainsOverweight

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. CVX appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

CVX vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 24 Aug 2026, Chevron Corp. returned +33.4% against +19.6% for the S&P 500, dividends included.

CVX vs S&P 500, last 12 monthsTotal return, rebased to 100
90100110120130140Oct 25Jan 26Apr 26Jul 26CVXS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

CVX analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+13.1%
Analysts raising
15
Analysts cutting
5
Fundamentals

Chevron Corp. (CVX) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
19.8×

Cheaper than 39% of US stocks

Price / sales
1.9×

Cheaper than 54% of US stocks

Price / book
2.1×

Cheaper than 45% of US stocks

EV / EBITDA
8.6×

Cheaper than 44% of US stocks

Growth & margins
Revenue growth (YoY)
53.5%

Higher than 87% of US stocks

Earnings growth (YoY)
384.8%

Higher than 94% of US stocks

Gross margin
36.5%

Higher than 45% of US stocks

Operating margin
21.9%

Higher than 81% of US stocks

Net margin
9.8%

Higher than 69% of US stocks

Returns & dividend
Return on equity
12.2%

Higher than 69% of US stocks

Return on assets
5.9%

Higher than 80% of US stocks

Dividend yield
3.5%

Higher than 71% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Chevron Corp. (CVX) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Chevron Corp. has a market value of $402.7B and an enterprise value of $436.9B.

  • Revenue in the twelve months to 30 June 2026: $208.7B. The latest quarter grew 53.5% year on year.

  • Net income over the same four quarters: $21.0B, a 10.0% net margin.

  • Diluted earnings per share, trailing twelve months: $10.43.

  • Free cash flow in the twelve months to 30 June 2026: $27.0B, after $18.3B of capital spending.

  • Chevron Corp. spent $11.1B on share buybacks and $13.9B on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 2.0B.

  • Trailing P/E: 19.8×; forward P/E: 15.5× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 3.47%, paying out 67% of earnings.

  • Chevron Corp. employs 43,039 people $4.8M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 25 Aug 2026

Data provided by Twelve Data

Peers

CVX vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelOil & Gas Integrated
CompanyMarket capTKN rank
CVXChevron Corp.$402.7B
29
XOMExxonmobil Holdings Corp.$684.3B
36
CVECenovus Energy, Inc.$61.6B
83
COPConocophillips*$166.7B
81
NFGNational Fuel Gas Co.$7.8B
30
VLOValero Energy Corp.*$103.6B
98
MPCMarathon Petroleum Corp.*$101.3B
96

* Nearest Energy names by size — few oil & gas integrated companies of this scale trade in the US universe.

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Chevron Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest CVX news & analysis

3 Dividend Stocks to Buy and Hold for the Next Decade, Starting With Chevron

The Motley Fool · 24 Aug 2026positive

A Motley Fool article highlights Chevron among three dividend stocks recommended to buy and hold for the next decade, noting that Chevron and ExxonMobil are future Dividend Kings. The piece positions Chevron as a leading pick in this stock selection.

Why it matters — The article singles out Chevron as a top long-term dividend holding, underscoring the strength and durability of its shareholder-return profile for investors tracking the company.

ExxonMobil vs. Chevron: We Compared 10 Years of Dividend Growth And Here's the Winner

24/7 Wall Street · 24 Aug 2026neutral

The article compares 10 years of dividend growth between ExxonMobil and Chevron, concluding with a winner. It notes that both companies reported strong quarterly results and raised their dividends again in 2026.

Why it matters — The piece evaluates Chevron's decade-long dividend growth record against ExxonMobil's, relevant to investors tracking CVX's shareholder returns.

Chevron vs. Shell: Which Energy Major Offers a Better Bet?

Zacks Investment Research · 24 Aug 2026positive

Zacks Investment Research compares Chevron (CVX) with Shell (SHEL), concluding that CVX is the stronger energy major, citing its 2026 earnings growth, production momentum, and deeper Guyana exposure.

Why it matters — The analysis highlights Chevron's growth drivers and positions it favorably against a major competitor, which is relevant to CVX watchers tracking the company's outlook.

Earnings Growth & Price Strength Make Chevron (CVX) a Stock to Watch

Zacks Investment Research · 24 Aug 2026positive

Chevron (CVX) is highlighted on the Zacks Focus List as a stock to watch due to its earnings growth and price strength.

Why it matters — A positive mention on the Zacks Focus List signals that CVX is being recognized for strong fundamentals, which could draw attention from investors tracking high-potential stocks.

Why Shell and the Other Oil Majors Aren't Price Gouging

The Motley Fool · 22 Aug 2026neutral

Rising geopolitical conflict in the Middle East has constrained energy supply, pushing oil prices higher. The article examines why Shell and other major oil companies, including Chevron, are not engaging in price gouging amid these conditions.

Why it matters — As a major oil producer, Chevron's operations and revenue are directly affected by Middle East supply disruptions and higher oil prices.

FAQ

Frequently asked questions about CVX stock

What is the CVX stock price forecast for 2026-2027?

The 25 Wall Street analysts covering Chevron Corp. have a median 12-month price target of $221, with estimates ranging from $175 to $236. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is CVX stock a buy right now?

Of the 25 analysts covering Chevron Corp., 20 rate it a Buy, 4 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Chevron Corp. 29 out of 100 across roughly 4,600 US stocks as at 22 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank CVX?

As at 22 Aug 2026, Chevron Corp. ranks 29 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Growth (85 of 100).

Will CVX stock go up?

No one can know that. What the data says: the median 12-month target from 25 analysts implies +8.8% from the last close, and Ticker Nerd's factor model ranks Chevron Corp. 29 out of 100 as at 22 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the CVX stock forecast for 2030?

No analyst covering Chevron Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for CVX are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $175 to $236 over the next 12 months.

How has CVX stock performed over the past year?

Chevron Corp. returned +33.4% over the 12 months to 24 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Chevron Corp. do?

Chevron Corporation is an integrated energy and chemicals company that operates across the full value chain of the oil, gas, and fuels markets. The company explores for, produces, transports, and processes crude oil and natural gas, while also handling liquefied natural gas activities, pipeline operations, and natural gas marketing.

What is the latest news on CVX?

The most recent item we track (The Motley Fool, 24 Aug 2026): "3 Dividend Stocks to Buy and Hold for the Next Decade, Starting With Chevron". A Motley Fool article highlights Chevron among three dividend stocks recommended to buy and hold for the next decade, noting that Chevron and ExxonMobil are future Dividend Kings. The piece positions Chevron as a leading pick in this stock selection.

Company

About Chevron Corp.

Chevron Corporation is an integrated energy and chemicals company that operates across the full value chain of the oil, gas, and fuels markets. The company explores for, produces, transports, and processes crude oil and natural gas, while also handling liquefied natural gas activities, pipeline operations, and natural gas marketing. On the downstream side, Chevron refines crude oil into petroleum products and manufactures and markets fuels, lubricants, petrochemicals, additives, and renewable fuels. Chevron also develops technologies that support resource recovery, carbon management, and industrial energy applications. Its business serves transportation, industrial, power, and commercial customers in markets across the United States and internationally. Headquartered in Houston, Texas, Chevron Corporation remains a major participant in global energy supply and refining infrastructure.

CEO Mr. Michael K. Wirth · 43,039 employees · United States · https://www.chevron.com