Chevron Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for Chevron stock have an average target of 177.37, with a low estimate of 124 and a high estimate of 210. The average target predicts a decrease of -4.66% from the current stock price of 186.03.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$124	$177.37	$174	$210
Change	-33.34%	-4.66%	-6.47%	+12.89%

Analyst Ratings

The average analyst rating for Chevron stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	3	3	3	5	5	5
Buy	7	8	8	9	9	8
Hold	5	5	4	5	5	4
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	2	2	2
Total	16	17	16	21	21	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Alastair Syme Citigroup	Citigroup	Strong Buy Maintains $179 → $210	Strong Buy	Maintains	$179 → $210	+12.89%	Mar 2, 2026
Jean Ann Salisbury B of A Securities	B of A Securities	Strong Buy Maintains $188 → $206	Strong Buy	Maintains	$188 → $206	+10.73%	Mar 2, 2026
Sam Margolin Wells Fargo	Wells Fargo	Buy Maintains $196 → $204	Buy	Maintains	$196 → $204	+9.66%	Feb 2, 2026
Devin McDermott Morgan Stanley	Morgan Stanley	Buy Maintains $180 → $174	Buy	Maintains	$180 → $174	-6.47%	Jan 23, 2026
Betty Jiang Barclays	Barclays	Hold Maintains $158 → $166	Hold	Maintains	$158 → $166	-10.77%	Jan 21, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

190.23B

from 184.65B

3.02%

from 184.65B

Revenue Next Year

200.13B

from 190.23B

5.21%

from 190.23B

EPS This Year

6.72

from 6.63

1.40%

from 6.63

EPS Next Year

9.19

from 6.72

36.68%

from 6.72

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	155.07B	235.92B	194.80B	195.57B	184.65B	190.23B	200.13B
Revenue Growth	64.96%	52.14%	-17.43%	0.40%	-5.58%	3.02%	5.21%
EPS	8.14	18.28	11.36	9.72	6.63	6.72	9.19
EPS Growth	-	124.57%	-37.86%	-14.44%	-31.79%	1.40%	36.68%
Forward PE	-	-	-	-	-	27.67	20.25
No. Analysts	-	-	-	-	-	28	27

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	217.8B	246.9B
Avg	190.2B	200.1B
Low	158.9B	175.9B

Revenue Growth

Revenue Growth	2026	2027
High	17.9%	29.8%
Avg	3.0%	5.2%
Low	-13.9%	-7.5%

EPS Forecast

EPS	2026	2027
High	8.51	13.24
Avg	6.72	9.19
Low	4.61	6.07

EPS Growth

EPS Growth	2026	2027
High	28.3%	96.9%
Avg	1.4%	36.7%
Low	-30.5%	-9.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.