Chevron Corp Stock Target Price and Analyst Consensus

CVX Stock  USD 155.41  0.14  0.09%   
The current analyst and expert consensus on Chevron Corp is Strong Buy with 9 buy recommendations. The current projected Chevron Corp target price consensus is 178.17, with 26 analyst opinions. The most common way Chevron Corp analysts use to provide public buy-or-sell recommendation is financial statements analysis. They also talk to Chevron Corp executives, vendors, and/or customers. Chevron Corp buy-or-sell recommendation module provides average expert sentiment on the projected Chevron Corp target price to derive its highest and lowest estimates based on target price estimated volatility of 0.0. Check out Macroaxis Advice on Chevron Corp to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.
Lowest Forecast
162.13
Highest Forecast
197.77
Target Price
178.17
At this time, Chevron Corp's Gross Profit is fairly stable compared to the past year. Operating Profit Margin is likely to rise to 0.15 in 2024, whereas Pretax Profit Margin is likely to drop 0.08 in 2024. At this time, Chevron Corp's Common Stock Shares Outstanding is fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 4.2 B in 2024, whereas Total Assets are likely to drop slightly above 171.8 B in 2024.
  
It's important to approach Chevron Corp's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Chevron Corp Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Chevron target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Chevron Corp's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   26  Strong Buy
Most Chevron analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Chevron stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Chevron Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Chevron Corp Target Price Projection

Chevron Corp's current and average target prices are 155.41 and 178.17, respectively. The current price of Chevron Corp is the price at which Chevron Corp is currently trading. On the other hand, Chevron Corp's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Chevron Corp Market Quote on 18th of March 2024

Low Price154.94Odds
High Price156.67Odds

155.41

Target Price

Analyst Consensus On Chevron Corp Target Price

Low Estimate162.13Odds
High Estimate197.77Odds

178.17

Historical Lowest Forecast  162.13 Target Price  178.17 Highest Forecast  197.77
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Chevron Corp and the information provided on this page.

Chevron Corp Analyst Ratings

Chevron Corp's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Chevron Corp stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Chevron Corp's financials, market performance, and future outlook by experienced professionals. Chevron Corp's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Chevron Corp price targets

Chevron Corp's stock target price is an estimate of its future price, usually made by analysts. Using Chevron Corp's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Chevron Corp's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Chevron Corp's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Chevron Corp Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Chevron Corp is a key component of Chevron Corp valuation and have some predictive power on the future returns of a Chevron Corp.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Chevron Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Chevron Corp in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
154.48155.66156.84
Details
Intrinsic
Valuation
LowRealHigh
153.24154.42155.60
Details
Naive
Forecast
LowNextHigh
159.83161.01162.20
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.542.923.53
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Chevron Corp. Your research has to be compared to or analyzed against Chevron Corp's peers to derive any actionable benefits. When done correctly, Chevron Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Chevron Corp.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Invested over 500 shares
When determining whether Chevron Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Chevron Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Chevron Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Chevron Corp Stock:
Check out Macroaxis Advice on Chevron Corp to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Chevron Corp's price analysis, check to measure Chevron Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chevron Corp is operating at the current time. Most of Chevron Corp's value examination focuses on studying past and present price action to predict the probability of Chevron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chevron Corp's price. Additionally, you may evaluate how the addition of Chevron Corp to your portfolios can decrease your overall portfolio volatility.
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The data published in Chevron Corp's official financial statements usually reflect Chevron Corp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Chevron Corp. For example, before you start analyzing numbers published by Chevron accountants, it's critical to develop an understanding of what Chevron Corp's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Chevron Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Chevron Corp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Chevron Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Chevron Corp. Please utilize our Beneish M Score to check the likelihood of Chevron Corp's management manipulating its earnings.