Chevron (CVX, Financial) has seen an update from Barclays, as the financial services firm has maintained its rating of "Equal-Weight" on the stock. This decision by analyst Betty Jiang reflects a continued confidence in the stock's current standing, aligning with their previous stance.
In addition, Barclays has raised its price target on Chevron (CVX, Financial) from $152.00 to $156.00 USD. This adjustment represents a 2.63% increase from the prior target, indicating a positive outlook for the energy company. The updated price target suggests Barclays anticipates modest gains in Chevron's market performance.
Investors monitoring Chevron (CVX, Financial) should note this change in the price target, as it signals a slight upward trajectory forecasted by Barclays. The analysis was published on July 7, 2025, emphasizing the relevance of current market dynamics in this decision.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 21 analysts, the average target price for Chevron Corp (CVX, Financial) is $161.30 with a high estimate of $186.00 and a low estimate of $124.00. The average target implies an upside of 10.57% from the current price of $145.88. More detailed estimate data can be found on the Chevron Corp (CVX) Forecast page.
Based on the consensus recommendation from 24 brokerage firms, Chevron Corp's (CVX, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Chevron Corp (CVX, Financial) in one year is $153.56, suggesting a upside of 5.26% from the current price of $145.88. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Chevron Corp (CVX) Summary page.
