Chevron Target price 2024 - Analyst rating & recommendation
Chevron Classifications & Recommendation:
Chevron Target price
| Target price | $183.58 |
| Course | $156.75 |
| Price potential | 17.11% |
| Number of estimates | 22 |
| 22 Analysts have issued a price target Chevron 2025 . The average Chevron target price is $183.58. This is 17.11% higher than the current share price. The highest price target is $206.00 31.42% , the lowest is $155.00 1.12% . | |
| A rating was issued by 24 analysts: 17 Analysts recommend Chevron to buy, 7 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 share has an average upside potential 2025 of 17.11% . Most analysts recommend the Chevron share at Purchase. |
Sales and margin forecast 2024, 2025 to 2028
15 Analysts have issued a sales forecast Chevron 2024 . The average Chevron sales estimate is $199b . This is 2.04% higher than the turnover of the last 12 months(TTM). The highest sales forecast is $219b 12.27% , the lowest is $158b 18.79% .
This results in the following potential growth figures:
Sales forecast
| 2023 | $197b | 16.56% |
|---|---|---|
| 2024 | $199b | 0.90% |
| 2025 | $201b | 1.14% |
| 2026 | $201b | 0.07% |
| 2027 | $203b | 0.84% |
| 2028 | $204b | 0.62% |
17 Analysts have issued an Chevron EBITDA forecast 2024. The average Chevron EBITDA estimate is $51.7b . This is 21.26% higher than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is $56.7b 32.94% , the lowest is $48.5b 13.83% .
This results in the following potential growth figures and future EBITDA margins:
EBITDA forecast
| 2023 | $43.9b | 23.38% |
|---|---|---|
| 2024 | $51.7b | 17.63% |
| 2025 | $59.7b | 15.57% |
| 2026 | $59.8b | 0.06% |
| 2027 | $58.8b | 1.52% |
| 2028 | $57.4b | 2.43% |
EBITDA margin
| 2023 | 22.27% | 8.18% |
|---|---|---|
| 2024 | 25.97% | 16.59% |
| 2025 | 29.67% | 14.25% |
| 2026 | 29.71% | 0.13% |
| 2027 | 29.02% | 2.32% |
| 2028 | 28.14% | 3.03% |
12 Chevron Analysts have issued a net profit forecast 2024. The average Chevron net profit estimate is $23.8b . This is 18.73% higher than the net profit for the last 12 months(TTM). The highest net profit forecast is $27.5b 36.98% , the lowest is $20.4b 1.66% .
This results in the following potential growth figures and future net margins:
Net profit forecast
| 2023 | $21.0b | 37.80% |
|---|---|---|
| 2024 | $23.8b | 13.51% |
| 2025 | $26.0b | 9.09% |
| 2026 | $26.6b | 2.44% |
| 2027 | $25.7b | 3.66% |
| 2028 | $26.5b | 3.08% |
Net margin
| 2023 | 10.65% | 25.45% |
|---|---|---|
| 2024 | 11.98% | 12.50% |
| 2025 | 12.92% | 7.85% |
| 2026 | 13.25% | 2.55% |
| 2027 | 12.65% | 4.53% |
| 2028 | 12.96% | 2.45% |
Earnings per share, P/E ratio and EV/sales forecast 2024, 2025 to 2028
12 Analysts have issued a Chevron forecast for earnings per share. The average Chevron <a href=/blog/eps>EPS is $12.91 . This is 18.77% higher than earnings per share in the financial year 2023. The highest <a href=/blog/eps>EPS forecast is $14.89 36.98% , the lowest is $11.05 1.66% .
This results in the following potential growth figures and future valuations:
Earnings per share
| 2023 | $11.37 | 37.80% |
|---|---|---|
| 2024 | $12.91 | 13.54% |
| 2025 | $14.08 | 9.06% |
| 2026 | $14.42 | 2.41% |
| 2027 | $13.90 | 3.61% |
| 2028 | $14.32 | 3.02% |
P/E ratio
| Current | 14.43 | 70.57% |
|---|---|---|
| 2024 | 12.15 | 15.80% |
| 2025 | 11.13 | 8.40% |
| 2026 | 10.87 | 2.34% |
| 2027 | 11.28 | 3.77% |
| 2028 | 10.94 | 3.01% |
Based on analysts' sales estimates for 2024, the Chevron share is valued at an <a href=/blog/ev-sales-einfach-erklaert>EV/Sales of 1.53 and an <a href=/blog/kurs-umsatz-verhaeltnis-kuv-einfach-erklaert>P/S ratio of 1.45 .
This results in the following potential growth figures and future valuations:
EV/Sales
| Current | 1.57 | 18.94% |
|---|---|---|
| 2024 | 1.53 | 2.27% |
| 2025 | 1.52 | 1.12% |
| 2026 | 1.52 | 0.07% |
| 2027 | 1.51 | 0.84% |
| 2028 | 1.50 | 0.61% |
P/S ratio
| Current | 1.48 | 15.34% |
|---|---|---|
| 2024 | 1.45 | 2.00% |
| 2025 | 1.44 | 1.12% |
| 2026 | 1.44 | 0.07% |
| 2027 | 1.42 | 0.84% |
| 2028 | 1.42 | 0.61% |
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