Chevron Corporation (NYSE:CVX) Receives $204.13 Average PT from Brokerages

21 May 2026, 08:20 by Renee Jackson · The Cerbat Gem

Shares of Chevron Corporation (NYSE:CVX – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the twenty-five brokerages that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $204.1304.

Several equities analysts recently issued reports on CVX shares. Scotiabank raised their price target on Chevron from $168.00 to $187.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Chevron in a research report on Wednesday, January 21st. TD Cowen raised their price target on Chevron from $204.00 to $205.00 and gave the stock a “hold” rating in a research report on Friday, May 8th. BNP Paribas Exane upgraded Chevron from a “neutral” rating to an “outperform” rating and set a $174.00 price target on the stock in a research report on Friday, April 17th. Finally, UBS Group raised their price target on Chevron from $218.00 to $220.00 and gave the stock a “buy” rating in a research report on Monday, May 4th.

Check Out Our Latest Report on Chevron

Insider Buying and Selling at Chevron

In other Chevron news, insider Andrew Benjamin Walz sold 11,600 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $188.58, for a total value of $2,187,528.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Vice Chairman Mark A. Nelson sold 139,600 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $187.92, for a total value of $26,233,632.00. Following the completion of the sale, the insider owned 11,337 shares of the company’s stock, valued at approximately $2,130,449.04. This trade represents a 92.49% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 799,699 shares of company stock worth $151,259,517 over the last quarter. Company insiders own 0.56% of the company’s stock.

Institutional Investors Weigh In On Chevron

Several institutional investors and hedge funds have recently bought and sold shares of the business. Hobbs Group Advisors LLC purchased a new stake in Chevron in the 1st quarter worth approximately $201,000. January Capital Advisors LLC purchased a new stake in Chevron in the 1st quarter worth approximately $1,162,000. SOA Wealth Advisors LLC. lifted its holdings in Chevron by 7.2% in the 1st quarter. SOA Wealth Advisors LLC. now owns 3,858 shares of the oil and gas company’s stock worth $798,000 after buying an additional 260 shares during the period. Western Wealth Management LLC lifted its holdings in Chevron by 72.5% in the 1st quarter. Western Wealth Management LLC now owns 29,135 shares of the oil and gas company’s stock worth $6,028,000 after buying an additional 12,248 shares during the period. Finally, McIlrath & Eck LLC lifted its holdings in Chevron by 87.4% in the 1st quarter. McIlrath & Eck LLC now owns 5,936 shares of the oil and gas company’s stock worth $1,228,000 after buying an additional 2,769 shares during the period. Hedge funds and other institutional investors own 72.42% of the company’s stock.

Key Stories Impacting Chevron

Here are the key news stories impacting Chevron this week:

Positive Sentiment: Oil prices remain elevated, and Zacks said WTI above $100 keeps Chevron and other Permian-focused energy names in the spotlight, supporting cash flow and investor interest. Article Title
Positive Sentiment: Barrons argued Chevron can keep rising as oil prices increase, reinforcing the view that the company still has upside despite recent gains. Article Title
Positive Sentiment: Bernstein analyst Bob Brackett said energy stocks like Chevron may be undervalued relative to Treasuries, framing CVX as an attractive income and total-return play. Article Title
Positive Sentiment: Several recent pieces highlighted Chevron as a long-term, blue-chip energy holding, and Zacks noted rising earnings estimates for CVX, which can support the stock. Article Title
Neutral Sentiment: Comparisons with Shell and ExxonMobil mainly keep Chevron in the investment conversation without adding a clear new catalyst. Article Title
Negative Sentiment: The biggest overhang is Berkshire Hathaway’s latest stake reduction in Chevron, which can weigh on sentiment even though Berkshire still holds a meaningful position. Article Title

Chevron Price Performance

CVX opened at $191.39 on Friday. The stock’s 50 day simple moving average is $193.45 and its 200 day simple moving average is $174.25. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.84. Chevron has a 1 year low of $133.77 and a 1 year high of $214.71. The firm has a market cap of $381.18 billion, a price-to-earnings ratio of 33.17, a PEG ratio of 0.66 and a beta of 0.51.

Chevron (NYSE:CVX – Get Free Report) last posted its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.41. Chevron had a return on equity of 6.90% and a net margin of 5.79%.The business had revenue of $47.56 billion for the quarter, compared to analyst estimates of $51.86 billion. During the same period last year, the company earned $2.18 EPS. Chevron’s revenue for the quarter was up 2.1% compared to the same quarter last year. As a group, analysts predict that Chevron will post 15.43 earnings per share for the current year.

Chevron Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Tuesday, May 19th will be given a dividend of $1.78 per share. This represents a $7.12 annualized dividend and a yield of 3.7%. The ex-dividend date is Tuesday, May 19th. Chevron’s dividend payout ratio (DPR) is presently 123.40%.

Chevron Company Profile

(Get Free Report)

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.