Chevron Corporation (NYSE:CVX) Receives $207.48 Consensus PT from Analysts

Chevron Corporation (NYSE:CVX) has been assigned an average recommendation of “Moderate Buy” from the twenty-six research firms that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and twenty have given a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $207.4783.

A number of equities analysts recently issued reports on the company. Zacks Research cut Chevron from a “strong-buy” rating to a “hold” rating in a report on Monday, June 8th. Mizuho set a $224.00 price target on shares of Chevron in a research note on Monday, August 3rd. Piper Sandler started coverage on shares of Chevron in a report on Thursday, July 23rd. They set an “overweight” rating and a $207.00 price objective on the stock. UBS Group restated a “buy” rating on shares of Chevron in a report on Tuesday, June 23rd. Finally, Weiss Ratings raised shares of Chevron from a “hold (c)” rating to a “buy (b)” rating in a research note on Tuesday, August 11th.

Chevron Stock Up 0.1%

CVX stock opened at $202.04 on Monday. The stock’s 50 day simple moving average is $187.44 and its 200 day simple moving average is $188.90. Chevron has a fifty-two week low of $146.49 and a fifty-two week high of $214.71. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.98 and a current ratio of 1.25. The company has a market cap of $399.18 billion, a P/E ratio of 19.37, a price-to-earnings-growth ratio of 0.60 and a beta of 0.49.

Chevron (NYSE:CVX) last announced its quarterly earnings results on Friday, July 31st. The oil and gas company reported $6.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.55 by $0.51. The business had revenue of $67.20 billion for the quarter, compared to analyst estimates of $62.72 billion. Chevron had a return on equity of 11.09% and a net margin of 9.57%.The company’s quarterly revenue was up 57.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.77 earnings per share. On average, research analysts expect that Chevron will post 16.24 earnings per share for the current fiscal year.

Chevron Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 19th will be issued a $1.78 dividend. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Wednesday, August 19th. Chevron’s dividend payout ratio is currently 68.26%.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Energy stocks are rising as crude oil prices advance following U.S. strikes against Iran. Higher oil prices could improve Chevron’s upstream revenue and cash flow, making this the most immediate catalyst for CVX. Intel, ServiceNow, Chevron, Strategy, and More Stocks That Explain Today’s Market
• Positive Sentiment: Erste Group Bank raised its FY2026 Chevron earnings estimate to $15.94 per share from $15.32 and its FY2027 forecast to $13.40 from $13.14. The revisions signal improving expectations, though the FY2026 estimate remains slightly below the broader consensus. Chevron FY2026 EPS Forecast Increased by Erste Group Bank
• Positive Sentiment: Chevron is reportedly planning a major investment in Venezuela, potentially giving it access to substantial oil reserves and adding longer-term production growth. The opportunity could expand Chevron’s resource base if regulatory and geopolitical risks remain manageable. Chevron Stock Sits Near Record High as it Plans Massive Venezuela Investment
• Positive Sentiment: A 20-year power purchase agreement to supply a Microsoft data center in Texas highlights Chevron’s strategy of using natural gas and power infrastructure to capture demand from the artificial-intelligence buildout. The deal could diversify growth beyond traditional oil production. Chevron’s Microsoft Data Center Deal Was a Bigger Story Than Its Earnings
• Neutral Sentiment: Chevron’s dividend outlook remains attractive: the company has raised its payout for 39 consecutive years and expects adjusted free-cash-flow growth of at least 10%. However, commentary suggests competing pipeline companies may deliver faster dividend growth.
• Negative Sentiment: Some analysis says CVX has underperformed the broader energy sector over the past year and looks inexpensive on cash flow but relatively expensive on earnings. Venezuela-related projects also are not expected to provide a near-term production solution, limiting their immediate earnings impact. Chevron Stock: Is CVX Underperforming the Energy Sector?

Insider Buying and Selling at Chevron

In other Chevron news, CEO Michael K. Wirth sold 317,100 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $200.46, for a total transaction of $63,565,866.00. Following the completion of the sale, the chief executive officer directly owned 26,308 shares of the company’s stock, valued at approximately $5,273,701.68. The trade was a 92.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John B. Hess sold 710,665 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $194.10, for a total value of $137,940,076.50. Following the completion of the sale, the director directly owned 363,711 shares of the company’s stock, valued at approximately $70,596,305.10. This trade represents a 66.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,152,582 shares of company stock worth $225,853,661 in the last quarter. 0.56% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of CVX. Midwest Capital Advisors LLC purchased a new stake in shares of Chevron in the first quarter valued at about $25,000. Main Street Group LTD purchased a new position in Chevron during the first quarter worth about $28,000. Phillip James Consulting Co. bought a new stake in Chevron in the 4th quarter worth about $26,000. Kilter Group LLC bought a new stake in Chevron in the 2nd quarter worth about $28,000. Finally, Core Wealth Advisors LLC purchased a new stake in Chevron in the 4th quarter valued at about $26,000. Hedge funds and other institutional investors own 72.42% of the company’s stock.

Chevron Company Profile

Chevron Corporation (NYSE: CVX) is an American multinational energy company engaged in virtually all aspects of the oil and gas industry. As an integrated energy firm, Chevron’s core activities include upstream oil and natural gas exploration and production, midstream transportation and storage, downstream refining and marketing of fuels and lubricants, and petrochemical manufacturing through joint ventures and subsidiaries. The company markets fuels under brands such as Chevron, Texaco and Caltex and supplies a range of products and services to retail customers, industrial users and commercial fleets worldwide.

Chevron traces its corporate lineage to the early petroleum companies that eventually became Standard Oil of California and has evolved through significant mergers and restructurings, including the acquisitions of Gulf Oil and Texaco.