$156.11
2.02% today
NYSE, Dec 06, 05:45 pm CET
ISIN
US1667641005
Symbol
CVX

Chevron Target price 2024 - Analyst rating & recommendation

Chevron Classifications & Recommendation:

Buy
67%
Hold
33%

Chevron Price Target

Target Price $173.05
Price $159.33
Potential 8.61%
Number of Estimates 22
22 Analysts have issued a price target Chevron 2025 . The average Chevron target price is $173.05. This is 8.61% higher than the current stock price. The highest price target is $195.00 22.39% , the lowest is $154.00 3.35% .
A rating was issued by 27 analysts: 18 Analysts recommend Chevron to buy, 9 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Chevron stock has an average upside potential 2025 of 8.61% . Most analysts recommend the Chevron stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028


Dec '23 2024
Estimates
Revenue Billion $ 197.22 194.51
16.56% 1.37%
EBITDA Margin 22.27% 23.11%
8.18% 3.75%
Net Margin 10.36% 9.46%
25.45% 8.69%

15 Analysts have issued a sales forecast Chevron 2024 . The average Chevron sales estimate is $195b . This is 0.34% higher than the revenue of the last 12 months(TTM). The highest sales forecast is $205b 5.70% , the lowest is $158b 18.31% .

This results in the following potential growth metrics:

Revenue Estimates

2023 $197b 16.56%
2024 $195b 1.37%
2025 $192b 1.23%
2026 $201b 4.72%
2027 $195b 3.29%
2028 $205b 5.20%

20 Analysts have issued an Chevron EBITDA forecast 2024. The average Chevron EBITDA estimate is $44.9b . This is 10.93% higher than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is $47.8b 17.85% , the lowest is $40.5b 0.14% .

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $43.9b 23.38%
2024 $44.9b 2.32%
2025 $48.1b 7.11%
2026 $55.8b 15.83%
2027 $57.7b 3.51%
2028 $58.3b 0.95%

EBITDA Margin

2023 22.27% 8.18%
2024 23.11% 3.75%
2025 25.06% 8.44%
2026 27.72% 10.61%
2027 29.66% 7.00%
2028 28.47% 4.01%

12 Chevron Analysts have issued a net profit forecast 2024. The average Chevron net profit estimate is $18.4b . This is 12.69% higher than the net profit for the last 12 months(TTM). The highest net profit forecast is $19.4b 19.03% , the lowest is $17.9b 9.57% .

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $20.4b 37.80%
2024 $18.4b 9.91%
2025 $19.2b 4.38%
2026 $22.9b 19.26%
2027 $24.7b 7.74%
2028 $27.0b 9.37%

Net Margin

2023 10.36% 25.45%
2024 9.46% 8.69%
2025 10.00% 5.71%
2026 11.39% 13.90%
2027 12.69% 11.41%
2028 13.19% 3.94%

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028


Dec '23 2024
Estimates
Earnings Per Share $ 11.37 10.24
37.80% 9.94%
P/E 15.55
EV/Sales 1.58

12 Analysts have issued a Chevron forecast for earnings per share. The average Chevron <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is $10.24 . This is 12.65% higher than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is $10.82 19.03% , the lowest is $9.96 9.57% .

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $11.37 37.80%
2024 $10.24 9.94%
2025 $10.69 4.39%
2026 $12.75 19.27%
2027 $13.74 7.76%
2028 $15.03 9.39%

P/E ratio

Current 17.54 62.86%
2024 15.55 11.35%
2025 14.90 4.18%
2026 12.50 16.11%
2027 11.60 7.20%
2028 10.60 8.62%

Based on analysts' sales estimates for 2024, the Chevron stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of 1.58 and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of 1.47 .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 1.59 11.97%
2024 1.58 0.40%
2025 1.60 1.25%
2026 1.53 4.51%
2027 1.58 3.40%
2028 1.51 4.95%

P/S ratio

Current 1.48 9.85%
2024 1.47 0.34%
2025 1.49 1.25%
2026 1.42 4.51%
2027 1.47 3.40%
2028 1.40 4.94%

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