Chevron (CVX) – Analysts’ Recent Ratings Changes

Several analysts have recently updated their ratings and price targets for Chevron (NYSE: CVX):

• 1/10/2026 – Chevron was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating.
• 1/8/2026 – Chevron had its “outperform” rating reaffirmed by analysts at BMO Capital Markets.
• 1/8/2026 – Chevron had its price target lowered by analysts at Piper Sandler from $178.00 to $174.00. They now have an “overweight” rating on the stock.
• 1/6/2026 – Chevron was downgraded by analysts at Freedom Capital from a “hold” rating to a “strong sell” rating.
• 1/5/2026 – Chevron had its price target raised by analysts at Sanford C. Bernstein from $170.00 to $172.00. They now have a “market perform” rating on the stock.
• 1/5/2026 – Chevron had its price target lowered by analysts at Citigroup Inc. from $185.00 to $179.00. They now have a “buy” rating on the stock.
• 12/23/2025 – Chevron was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating.
• 12/12/2025 – Chevron had its price target raised by analysts at Mizuho from $204.00 to $206.00. They now have an “outperform” rating on the stock.
• 12/11/2025 – Chevron had its price target lowered by analysts at Bank of America Corporation from $183.00 to $180.00. They now have a “buy” rating on the stock.
• 12/1/2025 – Chevron had its “buy” rating reaffirmed by analysts at UBS Group AG.
• 12/1/2025 – Chevron was given a new $169.00 price target on by analysts at HSBC Holdings plc. They now have a “buy” rating on the stock.
• 12/1/2025 – Chevron was upgraded by analysts at Hsbc Global Res from a “hold” rating to a “strong-buy” rating.
• 11/24/2025 – Chevron was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating.

Chevron Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Tuesday, November 18th were issued a $1.71 dividend. The ex-dividend date of this dividend was Tuesday, November 18th. This represents a $6.84 dividend on an annualized basis and a yield of 4.2%. Chevron’s payout ratio is currently 96.20%.

Insider Buying and Selling at Chevron

In other news, CEO Michael K. Wirth sold 320,700 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $162.99, for a total value of $52,270,893.00. Following the completion of the transaction, the chief executive officer directly owned 14,450 shares in the company, valued at approximately $2,355,205.50. The trade was a 95.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Eimear P. Bonner sold 28,334 shares of the stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $165.05, for a total transaction of $4,676,526.70. Following the sale, the chief financial officer owned 4,366 shares in the company, valued at $720,608.30. This represents a 86.65% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 631,990 shares of company stock worth $99,716,808. 0.20% of the stock is currently owned by company insiders.

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.