Chevron Corporation (CVX) Stock Forecast

NYSE: CVXAnalyst ratings, price target and estimates.

CVX analyst forecast

as of October 18, 2026
Analyst consensus
Buy
4.28 / 5 from 25 analysts
Price target
$227.92
average of analyst targets
Upside to target
+1.3%
from the latest close
Next earnings
October 30, 2026
EPS estimate $4.74
52-week range
$146.75 – $224.99

CVX analyst ratings

25 analysts
Strong buy
1456%
Buy
624%
Hold
416%
Sell
00%
Strong sell
14%

Number of analysts at each rating.

CVX price target

Price $224.99Target $227.92
52-week low $146.7552-week high $224.99

The average of analyst 12-month price targets compared with the latest close and the 52-week range.

CVX earnings per share estimates

Chevron Corporation EPS estimates
PeriodAverageLowHighYear agoGrowthAnalysts
Current quarter (Sep '26)$4.89$3.61$5.66$1.85+164.2%20
Current fiscal year (2026)$17.29$13.98$19.20$7.29+137.1%24
Next fiscal year (2027)$15.19$10.46$20.90$17.29−12.1%25

Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.

CVX revenue estimates

Chevron Corporation revenue estimates
PeriodAverageLowHighGrowthAnalysts
Current quarter (Sep '26)$60.67B$53.77B$66.13B+22.0%8
Current fiscal year (2026)$239.51B$226.25B$256.24B+26.7%13
Next fiscal year (2027)$224.99B$200.80B$255.74B−6.1%12

CVX EPS: reported and forecast

Reported EPSEstimate (average; low–high)

Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.

CVX revenue: reported and forecast

Reported revenueEstimate (average; low–high)

CVX EPS estimate revisions

Chevron Corporation EPS estimate revisions
Period90 days ago60 days ago30 days ago7 days agoNowChange (90 d)Revisions (30 d)
Current quarter (Sep '26)$4.01$4.53$4.73$4.81$4.89+21.9%6 up · 4 down
Current fiscal year (2026)$14.14$15.72$16.13$16.86$17.29+22.2%12 up · 2 down
Next fiscal year (2027)$12.49$13.11$13.47$14.70$15.19+21.6%14 up · 0 down

How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.

CVX earnings surprises

Reported EPSEstimate

Reported EPS vs the consensus estimate for the last 12 quarters; CVX beat in 9 of 12.

What analysts expect from CVX

25 analysts cover Chevron; their consensus rating is buy (4.28 on a 1–5 scale, where 5 is a strong buy). The average price target is $227.92, 1.3% above the latest close of $224.99. Analysts expect earnings of $17.29 per share for 2026, +137.1% from a year earlier. For 2027 the average estimate is $15.19 per share on revenue of $225.0 billion. Chevron beat the EPS estimate in 9 of the last 12 quarters.

Related: CVX income statement, CVX key metrics, CVX chart. See the CVX stock overview for the latest quote and news.

CVX forecast FAQ

What is Chevron's price target?

The average analyst price target for Chevron is $227.92, 1.3% above the latest close of $224.99.

Is Chevron a buy, hold or sell?

Of 25 analysts covering Chevron, 14 rate it a strong buy, 6 a buy, 4 a hold, 0 a sell and 1 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.

What is Chevron's EPS forecast?

Analysts forecast $17.29 per share for 2026 (range $13.98 to $19.20); for 2027 the estimate is $15.19.

What is Chevron's revenue forecast?

The average revenue estimate for 2026 is $239.5 billion, growth of 26.7%; for 2027 it is $225.0 billion.

When does Chevron report earnings?

Chevron is expected to report results for the quarter ending September 30, 2026 on October 30, 2026 before the market opens; the EPS estimate is $4.74.

Does Chevron usually beat earnings estimates?

Chevron reported EPS at or above the analyst estimate in 9 of the last 12 quarters.

Oil & Gas Integrated: forecast