Explore comprehensive Chevron stock forecasts for 2025, 2030, 2035, 2040, 2045, 2050, and 2060, along with CVX stock price targets, predictions, and expert insights. In the next quarter, Chevron Corporation’s (CVX) revenue is expected to skyrocket and reach $51.35 B.
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The current price of Chevron Stock (CVX) is $156.32 with a rise of $0.28%. The current trend is considered strongly bearish and CFRA has given CVX a “BUY” rating with a target price of $193, which signifies a positive indicator for future bullish movement.
According to the coincodex current CVX stock price prediction forecasts, the price of Chevron stock will potentially grow by 0.10% and reach $156.48 per share by July 3, 2024.
Chevron Stock (CVX) Price Prediction for 12 months from now indicates Chevron stock forecast 2025 to hit an average price target of $169.50 per share with a rise of 5.40% from its last closing price.
According to Tipranks, Chevron Corp’s (CVX) stock price target for 2030 forecasts an average of $187.20, high estimates of $206.00, and a low forecast of $160.00.
Now Chevron’s (NYSE: CVX) current Earnings Per Share (EPS) according to Wall Street is expected to be $10.92. Analysts predict the average EPS for 2024 will be $13.15, ranging from $12.67 to $14.75. For 2025, the average forecast is $15.29, with a low of $13.45 and a high of $18.02. In 2026, the EPS is expected to reach $15.73, with estimates between $12.94 and $16.85.
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About CHEVRON CORPORATION (CVX) Company Overview
Chevron Corporation (CVX: NYSE) is a standout choice for both value and dividend investors, offering strong cash flows and a history of increasing payouts for over 35 years. Chevron Corporation (CVX) is a leading integrated energy company with a significant presence in the global oil and natural gas industries.
Founded in 1879, Chevron engages in a broad spectrum of activities, including the exploration, production, and transportation of crude oil and natural gas. The company also refines, markets, and distributes transportation fuels and lubricants, manufactures and sells petrochemical products, generates power, and develops technologies to enhance its business value in the energy sector.
In addition to its traditional oil and gas operations, Chevron is involved in alternative energy initiatives, demonstrating a commitment to advancing sustainable energy solutions. With a storied history as the second-largest direct descendant of Standard Oil, Chevron began as the Standard Oil Company of California. Today, its headquarters are located in San Ramon, California, and it operates in over 180 countries worldwide.
Company Profile
| Company | CHEVRON CORPORATION |
|---|---|
| Stock Code (Trades) | CVX (NYSE) |
| CEO | Mike Wirth (since February 1, 2018) |
| Founded | September 10, 1879, California |
| Founders | Lloyd Tevis, Charles N. Felton |
| Headquarters | San Ramon, CA |
| Number of Employees | 45,600 (as of 2023) |
| Revenue | $200.9 billion (2023) |
| Subsidiaries | Chevron U.S.A. Inc., Texaco, PDC Energy, among others |
| Website | www.chevron.com |
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Chevron Corporation (CVX) Stock Fundamental Analysis
| Previous Close | $156.32 |
| Open | $157.52 |
| Day’s Range | $156.17 – $158.58 |
| 52 Week Range | $139.62 – $171.70 |
| Volume | 11,227,479 |
| Avg. Volume | 7,409,730 |
| Market Cap | $286.061B |
| PE Ratio (TTM) | 14.39 |
| EPS (TTM) | $10.87 |
| Forward Dividend & Yield | $6.52 (4.17%) |
| Ex-Dividend Date | May 16, 2024 |
| 1y Target Est | $183.48 |
Chevron Corp Stock Historical Price Chart By Trading View
Chevron Corporation (CVX) Stock Technical Analysis
Analyst Recommendation for CVX Stock based on technical analysis by experts and bloggers suggests Chevron Corporation (CVX) a 7 BUY, 0 Sell, and 0 Hold ratings over the last 3 months for CVX’s average Analyst price target of $188.05.
Long-Term Chevron Corporation (CVX) Stock Price Prediction 2024 To 2060
Based on our extensive market research and team efforts, we expect Chevron’s stock price to continue to rise each year and have the highest rank in the Bluechip stocks list. We predict long-term success for CHEVRON CORPORATION as it is one of the most innovative companies engaged in integrated energy and chemicals operations active in over 180 countries in the world.
According to our Chevron Corp stock Prediction indicates Chevron’s Stock Forecast for 2024 is $156.42, 190.40 in 2025, $240 by 2030, $320 in 2035, $340 by 2040, $404 in 2045, $480 by 2050, and $575 by 2060.
Chevron Stock Forecast 2024
Chevron Stock Forecast for 2024 shows that from mid-2024 to the end of 2024, CVX stock price is likely to reach an average price target of $156.50 to $160.80 with a change of 0.28% compared to its current price of $156.42.
Chevron Stock Forecast 2025
The average price target for Chevron Corp (CVX) by the end of 2025 is $190.40 per share, representing a 34.42% gain from the current price. This forecast indicates significant growth potential for Chevron’s stock over the next few years, making it a noteworthy consideration for investors.
Analysts have high expectations for Chevron’s stock price targets in 2025, driven by strong financial performance and strategic growth initiatives in the global oil and natural gas industries.
Chevron Stock Forecast 2030
CVX stock price prediction for 2030 is forecasted to grow exponentially reaching an average price target of $220 in 2030 hitting a high price of $220 per share a 41.03% increase from the current price over the next six years.
Chevron Stock Forecast 2040
CVX stock forecast for 2040 suggests a prediction of an exponential growth chart in 2040, with an average Chevron price target of $320.56 per share and reaching a max value of $340.62, and a low estimate of $212.81 from its last closing price.
Chevron Stock Forecast 2050
According to our Chevron Stock Prediction for 2050, CVX shares are expected to surge by 207.69%, reaching an average price of $480 from today’s value.
Chevron Stock Forecast 2060
According to our stock price prediction algorithm, Chevron’s stock price will reach $575.41 by 2060, marking a 268.85% increase over the next 36 years.
Conclusion: Is Chevron stock a good buy?
Chevron Corporation (CVX) presents a compelling investment opportunity for both short-term and long-term investors. The company’s robust financial health, significant global presence, and consistent dividend payouts make it a standout choice in the energy sector.
Additionally, expert analyses and technical indicators suggest a bullish trend, with CFRA rating Chevron a “BUY” and setting a target price of $193. Considering Chevron’s strategic initiatives in both traditional and alternative energy, its stock is an attractive option for investors looking to capitalize on the future growth of the energy market.
What is CVX stock prediction for 2025?
The average price target for Chevron Corp (CVX) by the end of 2025 is $190.40 per share, a 34.42% gain, with analysts forecasting an EPS of $15.29 for 2025.
Will Chevron stock split in 2023 or 2024?
According to Chevron’s website has no current plans for a stock split.
When is Chevron’s next dividend payment date 2024?
Chevron’s commitment to increasing shareholder value is evident from its recent dividend payment of $1.63 per share on June 10, 2024, leading to an annual dividend of $6.52 per share and a forward yield of 4.17%.
What is Wall Street Analysts CVX earning per share?
On average, Wall Street analysts forecast that Chevron Corp., CVX’s earnings per share (EPS) will be $15.29 for 2025, with the lowest EPS forecast at $13.45, and the highest EPS forecast at $18.02.
DISCLAIMER: This information is for educational purposes only and should not be considered financial advice. Investing in stocks involves risks, including loss of principal. Always research and consult a financial advisor before investing. Predictions are based on current trends and are subject to change. Past performance does not guarantee future results.
Ashish Dwivedi is the founder and chief editor of MoneyMystica, a top resource for finance, insurance, and share market insights. Driven by a passion for empowering individuals to make informed financial decisions, Ashish uses his extensive knowledge and practical experience to offer clear and actionable advice.