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Chevron Corp has a consensus price target of $179.82 based on the ratings of 24 analysts. The high is $212 issued by Barclays on January 3, 2023. The low is $160 issued by TD Cowen on April 29, 2024. The 3 most-recent analyst ratings were released by Raymond James, Truist Securities, and Piper Sandler on January 17, 2025, January 13, 2025, and December 19, 2024, respectively. With an average price target of $172.33 between Raymond James, Truist Securities, and Piper Sandler, there's an implied 6.76% upside for Chevron Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Chevron (NYSE:CVX) was reported by Raymond James on January 17, 2025. The analyst firm set a price target for $180.00 expecting CVX to rise to within 12 months (a possible 11.51% upside). 45 analyst firms have reported ratings in the last year.
The latest analyst rating for Chevron (NYSE:CVX) was provided by Raymond James, and Chevron maintained their outperform rating.
The last upgrade for Chevron Corp happened on November 26, 2024 when Citigroup raised their price target to $185. Citigroup previously had a neutral for Chevron Corp.
The last downgrade for Chevron Corp happened on July 17, 2024 when Bernstein changed their price target from $183 to $167 for Chevron Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Chevron, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Chevron was filed on January 17, 2025 so you should expect the next rating to be made available sometime around January 17, 2026.
While ratings are subjective and will change, the latest Chevron (CVX) rating was a maintained with a price target of $175.00 to $180.00. The current price Chevron (CVX) is trading at is $161.42, which is out of the analyst’s predicted range.
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