Chevron Corp. (CVX) Stock Forecast & Predictions

Chevron Corp. CVX: $128.96

, , , . | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.chevron.com

  • Market Cap$248.59B
  • Change (52 Weeks)45.32%
  • Low (52 Weeks)$81.49
  • Chevron Corp. (CVX) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Chevron Corp. (CVX) is based on 37 Institutional Analyst Ratings where 54.05% are on Strong Buy, 16.22% on Moderate Buy, 29.73% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 37 Institutional Analysts, majority recommended CVX stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Chevron Corp..

    Chevron Corp. (CVX) Stock Price Prediction By Analysts


    HighLowAverage
    $162.75$106.05$134.90
    $134.904.6% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for CVX set by the institutional analysts is $134.90 where High Estimate is $162.75, Median $135.15 and Low $106.05.

    The average price target for CVX by Institutional Analysts is $134.90, which is 4.6% Upside from the current price. So according to the Institutional Analysts, CVX Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Chevron Corp. (CVX) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 547,172 investor portfolio.

    Our algorithm has analysed 547,172 investor portfolio with CVX stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about CVX and holding their positions hoping for a further rise in the stock price and more profit.

    Chevron Corp. (CVX) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Wells FargoOverweightUpgraded
    RBC CapitalOutperformUpgraded
    Morgan StanleyOverweightMaintained
    UBSBuyUpgraded
    Wells FargoEqual-WeightMaintained
    Raymond JamesOutperformMaintained
    Raymond JamesOutperformMaintained
    Truist SecuritiesBuyMaintained
    Wells FargoEqual-WeightMaintained
    JP MorganNeutralDowngraded
    RBC CapitalSector PerformMaintained
    DZ BankHoldDowngraded
    Raymond JamesOutperformMaintained
    Redburn PartnersBuyUpgraded
    HSBCHoldDowngraded
    BMO CapitalOutperformInitiated
    MizuhoBuyMaintained
    Truist SecuritiesBuyMaintained
    Wells FargoEqual-WeightMaintained
    Morgan StanleyOverweightMaintained
    MizuhoBuyMaintained
    Wells FargoEqual-WeightMaintained
    Argus ResearchBuyMaintained
    Raymond JamesOutperformMaintained
    Goldman SachsNeutralDowngraded
    Raymond JamesOutperformMaintained
    Evercore ISI GroupOutperformMaintained
    Morgan StanleyOverweightMaintained
    DZ BankBuyUpgraded
    ScotiaBankSector PerformDowngraded
    Credit SuisseOutperformMaintained
    Credit SuisseOutperformMaintained
    HSBCBuyUpgraded
    Morgan StanleyOverweightMaintained
    Piper SandlerOverweightUpgraded
    Wells FargoEqual-WeightDowngraded
    RBC CapitalSector PerformUpgraded
    Credit SuisseOutperformReiterated
    Morgan StanleyOverweightMaintained
    B of A SecuritiesBuyUpgraded
    ScotiaBankSector PerformDowngraded
    MKM PartnersBuyInitiated
    Morgan StanleyOverweightMaintained
    Piper SandlerNeutralDowngraded
    Morgan StanleyOverweightMaintained
    SunTrust Robinson HumphreyBuyInitiated
    Piper SandlerOverweightMaintained
    Morgan StanleyOverweightMaintained
    Raymond JamesOutperformMaintained
    ScotiaBankSector OutperformMaintained
    RBC CapitalUnderperformDowngraded
    B of A SecuritiesNeutralDowngraded
    JP MorganOverweightMaintained
    UBSNeutralDowngraded
    Wells FargoOverweightMaintained
    JP MorganOverweightMaintained
    Credit SuisseOutperformMaintained
    B of A SecuritiesBuyMaintained
    RBC CapitalSector PerformMaintained
    MizuhoBuyMaintained
    Wells FargoOverweightMaintained
    Wells FargoOverweightMaintained
    UBSBuyMaintained
    Morgan StanleyOverweightMaintained
    JP MorganOverweightMaintained
    JP MorganOverweightMaintained
    CitigroupNeutralMaintained
    B of A SecuritiesUnderperformMaintained
    Morgan StanleyOverweightMaintained
    B of A SecuritiesUnderperformMaintained
    Credit SuisseOutperformMaintained
    ScotiabankSector OutperformUpgraded
    Bank of AmericaUnderperformDowngraded
    CitigroupNeutralDowngraded
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    JP MorganOverweightMaintained
    BMO CapitalOutperformInitiated
    BarclaysOverweightInitiated
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    Morgan StanleyOverweightInitiated
    BarclaysOverweightMaintained
    Tudor PickeringBuyInitiated
    UBSBuyUpgraded
    HSBCHoldDowngraded
    Societe GeneraleBuyMaintained
    Wells FargoOutperformMaintained
    Credit SuisseOutperformUpgraded
    BerenbergBuyInitiated
    Bank of AmericaNeutralDowngraded
    BarclaysOverweightMaintained
    MacquarieNeutralDowngraded
    Raymond JamesOutperformUpgraded
    MizuhoBuyInitiated
    Wells FargoOutperformMaintained
    Credit SuisseNeutralMaintained
    BarclaysOverweightMaintained
    DZ BankBuyUpgraded
    Credit SuisseNeutralMaintained
    Bank of AmericaBuyUpgraded
    RBC CapitalSector PerformUpgraded
    Wells FargoOutperformUpgraded
    BarclaysOverweightUpgraded
    Credit SuisseNeutralMaintained
    Morgan StanleyOverweightMaintained
    HSBCHoldDowngraded
    BMO CapitalOutperformUpgraded
    Bank of AmericaNeutralDowngraded
    Credit SuisseNeutralInitiated
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    Societe GeneraleHoldDowngraded
    Morgan StanleyOverweightMaintained
    BMO CapitalMarket PerformDowngraded
    BarclaysEqual-WeightMaintained
    Bank of AmericaBuyMaintained
    CitigroupBuyMaintained
    MacquarieNeutralDowngraded
    HSBCBuyUpgraded
    Exane BNP ParibasUnderperformDowngraded
    HSBCHoldDowngraded
    Bank of AmericaBuyUpgraded
    MacquarieOutperformUpgraded
    Independent ResearchBuyUpgraded
    CLSABuyUpgraded
    Morgan StanleyOverweightUpgraded
    Goldman SachsBuyUpgraded
    BMO CapitalOutperformInitiated
    PiperJaffrayOverweightUpgraded
    JefferiesBuyMaintained
    BarclaysEqual-WeightMaintained
    Raymond JamesMarket PerformDowngraded
    NomuraNeutralInitiated
    Goldman SachsNeutralMaintained
    Goldman SachsNeutralUpgraded
    Wolfe ResearchOutperformUpgraded
    RBC CapitalSector PerformMaintained
    Credit SuisseNeutralMaintained
    BairdOutperformInitiated
    Deutsche BankBuyMaintained
    Argus ResearchBuyUpgraded
    ArgusBuyUpgraded
    JP MorganOverweightMaintained
    CitigroupBuyUpgraded
    Evercore ISI GroupBuyUpgraded
    Credit SuisseNeutralMaintained
    BarclaysEqual-WeightMaintained
    Wolfe ResearchPeer PerformUpgraded
    MacquarieUnderperformInitiated
    JP MorganOverweightUpgraded
    Credit SuisseNeutralMaintained
    Bank of AmericaNeutralUpgraded
    RBC CapitalSector PerformMaintained
    RBC CapitalSector PerformMaintained
    CitigroupNeutralMaintained
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    Societe GeneraleBuyUpgraded
    Deutsche BankBuyMaintained
    JP MorganNeutralMaintained
    Goldman SachsSellDowngraded
    BarclaysEqual-WeightMaintained
    Goldman SachsNeutralInitiated
    OppenheimerPerformDowngraded
    JP MorganNeutralMaintained
    Credit SuisseNeutralDowngraded
    Wells FargoMarket PerformDowngraded
    JefferiesBuyMaintained
    BarclaysEqual-WeightMaintained
    CitigroupNeutralDowngraded
    OppenheimerOutperformMaintained
    CitigroupBuyMaintained
    Raymond JamesOutperformDowngraded
    JP MorganNeutralMaintained
    JefferiesBuyMaintained
    JP MorganNeutralInitiated
    Bank of AmericaUnderperformDowngraded
    Morgan StanleyEqual-WeightDowngraded
    BarclaysEqual-WeightMaintained
    Deutsche BankBuyMaintained
    Deutsche BankBuyInitiated
    Argus ResearchHoldDowngraded
    ArgusHoldDowngraded
    JefferiesBuyInitiated
    BMO CapitalMarket PerformInitiated
    S&P Capital IQBuyDowngraded
    Scotia Howard WeilSector PerformDowngraded
    RBC CapitalSector PerformInitiated
    HSBCOverweightInitiated
    Credit SuisseOutperformMaintained
    Wells FargoOutperformInitiated
    JefferiesHoldDowngraded
    BarclaysEqual-WeightDowngraded
    JefferiesBuyMaintained
    Morgan StanleyOverweightMaintained
    Cowen & Co.BuyMaintained
    Bank of AmericaNeutralMaintained
    Canaccord GenuityBuyInitiated
    UBSNeutralDowngraded
    Dahlman RoseBuyMaintained
    Societe GeneraleHoldDowngraded
    Oracle Investment ResearchHoldDowngraded
    Dahlman RoseBuyUpgraded
    Credit SuisseOutperformMaintained
    UBSBuyMaintained
    Societe GeneraleBuyMaintained
    Dahlman RoseHoldInitiated
    Bank of AmericaNeutralMaintained
    VTB CapitalHoldInitiated
    Scotia Howard WeilMarket OutperformUpgraded
    JP MorganNeutralMaintained
    Credit SuisseOutperformMaintained
    OppenheimerOutperformMaintained
    JP MorganNeutralUpgraded
    CitigroupBuyMaintained
    OppenheimerOutperformMaintained
    CitigroupBuyMaintained
    Morgan StanleyOverweightMaintained

    Chevron Corp. (CVX) Stock Earning Per Share (EPS) Forecast / Estimate


    $2.554
    The average consensus EPS for CVX is $2.554 with a high estimate of $3.444 and Low of $1.740 for the period 2022-03-31 and based on 18 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $2.96$2.22982021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$3.03632021-12-31
    $2.96$2.22982021-09-30
    $1.71$1.60162021-06-30
    $0.9$0.91032021-03-31
    $-0.01$0.07242020-12-31
    $0.11$-0.26532020-09-30
    $-1.59$-0.89192020-06-30
    $1.29$0.68852020-03-31
    $1.49$1.46242019-12-31
    $1.55$1.46572019-09-30
    $1.77$1.82222019-06-30
    $1.39$1.3172019-03-31
    $1.95$1.89182018-12-31
    $2.11$2.0852018-09-30
    $1.78$2.11052018-06-30
    $1.9$1.49642018-03-31
    $0.72$1.23172017-12-31
    $0.85$0.98512017-09-30
    $0.91$0.86842017-06-30
    $1.23$0.86312017-03-31
    $0.21$0.64472016-12-31
    $0.49$0.37742016-09-30
    $0.35$0.32522016-06-30
    $-0.11$-0.19732016-03-31
    $0.26$0.47722015-12-31
    $1.09$0.76422015-09-30
    $0.97$1.1692015-06-30
    $0.76$0.79552015-03-31
    $1.85$1.65052014-12-31
    $2.95$2.57212014-09-30
    $2.98$2.6822014-06-30
    $2.36$2.53912014-03-31
    $2.57$2.59862013-12-31
    $2.57$2.73962013-09-30
    $2.77$2.9862013-06-30
    $3.18$3.1072013-03-31
    $3.27$3.06512012-12-31
    $2.57$2.85882012-09-30
    $3.56$3.26792012-06-30
    $3.17$3.29142012-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).