Chevron Corp

Chevron Corp (CVX) Stock Analysis

$217.730

+2.765 (+1.27%)At close

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High
218.790
Open
217.000
VWAP
217.49
Volume
7.44M
Mkt Cap
285.88B
Low
215.950
Amount
1.62B
EV/EBITDA, TTM
6.17

Chevron Corporation is an integrated energy company. The Company produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance its business and industry. The Company’s segments include Upstream and Downstream. Upstream operations consist primarily of exploring for, developing, producing and transporting crude oil and natural gas; liquefaction, transportation and regasification associated with LNG; transporting crude oil by major international oil export pipelines; processing, transporting, storage and marketing of natural gas; carbon capture and storage; and a gas-to-liquids plant. Downstream operations consist primarily of the refining of crude oil into petroleum products; marketing crude oil, refined products, and lubricants; manufacturing and marketing of renewable fuels, and transporting of crude oil and refined products by pipeline, marine vessel, motor equipment and rail car.

AI analysis of Chevron Corp (CVX)

Buy

Chevron Corp is a good buy right now, trading at $211.98 with a strong forward P/E of 15.20 and a gross margin of 36.47% in Q2 2026. The stock has seen a year-to-date change of +35.97%, indicating solid performance. The main risk is the RSI at 69.26, suggesting it may be nearing overbought territory, but the overall bullish outlook from analysts supports a buy.

Analyst Ratings (24)

-18.73% Downside
Buy
16 Buy
7 Hold
1 Sell
Current: 217.73
Low
158.00
Average
176.95
High
206.00

UBS

2026-10-08

Price Target

$235

Buy

TD Cowen

2026-09-28

Price Target

$215

Hold

HSBC

2026-09-25

Price Target

$250

Buy

BMO Capital

2026-09-03

Price Target

$235

Outperform

Wells Fargo

2026-09-03

Price Target

$230

Overweight

Valuation Metrics

The current forward P/E ratio for Chevron Corp (CVX) is 15.20, compared to its 5-year average forward P/E of 13.27.

Forward P/E

Fair
5Y Average P/E
13.27
Current P/E
15.20
Overvalued
16.81
Undervalued
9.74

Forward EV/EBITDA

Fair
5Y Average EV/EBITDA
6.51
Current EV/EBITDA
6.17
Overvalued
8.11
Undervalued
4.91

Forward P/S

Overvalued
5Y Average P/S
1.48
Current P/S
1.87
Overvalued
1.69
Undervalued
1.27

Alphio AI Price Scenarios for CVX

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%CVX

$172.89

Scenario price

B

Base

Base · 50%CVX

$148.07

Scenario price

B

Bear

Bear · 25%CVX

$146.16

Scenario price

Whales holding CVX

C

Corient Private Wealth LP

+ HoldingCVX

+52.24%

3M Return

R

Renaissance Technologies Corp.

+ HoldingCVX

+16.33%

3M Return

P

PKO Towarzystwo Funduszy Inwestycyjnych SA

+ HoldingCVX

+12.82%

3M Return

D

Diversify Wealth Management, LLC

+ HoldingCVX

+11.82%

3M Return

P

PDT Partners, LLC

+ HoldingCVX

+11.23%

3M Return

P

Parallel Advisors, LLC

+ HoldingCVX

+10.75%

3M Return

Events Timeline

2026-10-08 (ET)

16:30:00

Major Averages Decline Amid Rising Oil Prices

12:30:00

Major Averages Decline as Oil Prices Surge

2026-10-07 (ET)

16:30:00

Major Averages Decline After Fed Meeting Minutes Release

12:30:00

Major Averages Broadly Lower as 10-Year Treasury Yield Rises to 5.356%

News

CVX FAQ — answered by Alphio AI

Chevron Corporation is an integrated energy company. The Company produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance its business and industry. The Company’s segments include Upstream and Downstream. Upstream operations consist primarily of exploring for, developing, producing and transporting crude oil and natural gas; liquefaction, transportation and regasification associated with LNG; transporting crude oil by major international oil export pipelines; processing, transporting, storage and marketing of natural gas; carbon capture and storage; and a gas-to-liquids plant. Downstream operations consist primarily of the refining of crude oil into petroleum products; marketing crude oil, refined products, and lubricants; manufacturing and marketing of renewable fuels, and transporting of crude oil and refined products by pipeline, marine vessel, motor equipment and rail car. It operates in the Energy sector (PETROLEUM REFINING industry).

Chevron Corp is a good buy right now, trading at $211.98 with a strong forward P/E of 15.20 and a gross margin of 36.47% in Q2 2026. The stock has seen a year-to-date change of +35.97%, indicating solid performance. The main risk is the RSI at 69.26, suggesting it may be nearing overbought territory, but the overall bullish outlook from analysts supports a buy.

24 analysts cover CVX: 16 rate it Buy, 7 Hold and 1 Sell. The average price target is 176.95.

Community

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azurekeeper9/15/2026

Oil and gas stocks rose broadly on September 15. Murphy Oil gained over 4%, Apache gained over 3%, Devon Energy and Occidental Petroleum gained over 2%, while ConocoPhillips, ExxonMobil, Chevron, Total, and Shell each gained over 1%.

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This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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