Where will Chevron stock be in 5 years? (2024)

Where will Chevron stock be in 5 years?

Stock Price Forecast

The 19 analysts with 12-month price forecasts for Chevron stock have an average target of 182.32, with a low estimate of 150 and a high estimate of 201. The average target predicts an increase of 22.73% from the current stock price of 148.55.

What is the future for Chevron stock?

Stock Price Forecast

The 19 analysts with 12-month price forecasts for Chevron stock have an average target of 182.32, with a low estimate of 150 and a high estimate of 201. The average target predicts an increase of 22.73% from the current stock price of 148.55.

What is the stock price prediction for Chevron in 2025?

On average, Wall Street analysts predict that Chevron's share price could reach $184.36 by Jan 16, 2025. The average Chevron stock price prediction forecasts a potential upside of 29.61% from the current CVX share price of $142.24.

What will Chevron be worth in 5 years?

Chevron stock price stood at $149.14

According to the latest long-term forecast, Chevron price will hit $150 by the middle of 2024 and then $200 by the middle of 2027. Chevron will rise to $250 within the year of 2028, $300 in 2031 and $350 in 2034.

What is the prognosis for Chevron stock?

Stock Price Forecast

The 24 analysts offering 12-month price forecasts for Chevron Corp have a median target of 180.00, with a high estimate of 194.00 and a low estimate of 148.00. The median estimate represents a +26.59% increase from the last price of 142.19.

Is Chevron a safe investment?

Chevron currently has an average brokerage recommendation (ABR) of 1.78, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 18 brokerage firms. An ABR of 1.78 approximates between Strong Buy and Buy.

What will Chevron stock be worth in 2030?

According to our Chevron stock prediction for 2030, CVX stock will be priced at $ 193.30 in 2030. This forecast is based on the stock's average growth over the past 10 years.

Is Chevron a good stock to buy 2023?

Some of the sheen came off Chevron in 2023 but the company remains one of the best-run big energy companies in the world. The stock, at around $150, is off 16.5% in 2023—worse than any of Chevron's global supermajor peers, including Exxon Mobil , which is down 8%.

Is Chevron a good buy now?

For conservative dividend investors who want exposure to the energy sector, Chevron is probably one of the best options around. And with an attractive 4.1% dividend yield today -- noting that the S&P 500 index's yield is a scant 1.4% -- it might be worth a very close look right now.

Should I sell Chevron stock?

Chevron has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 12 buy ratings, 4 hold ratings, and no sell ratings.

How many times a year does Chevron pay dividends?

Chevron Corporation ( CVX ) pays dividends on a quarterly basis.

Who owns the most Chevron stock?

Chevron is not owned by hedge funds. The company's largest shareholder is The Vanguard Group, Inc., with ownership of 8.6%. The second and third largest shareholders are BlackRock, Inc.

Why is Chevron stock low?

However, Chevron stock dropped 17% in 2023, and has continued to decline in 2024 as sagging oil and natural gas prices have whittled away at energy company profits and revenue.

How many times has Chevron stock split?

Chevron stock (symbol: CVX) underwent a total of 4 stock splits. The most recent stock split occured on September 13th, 2004.

Does Warren Buffett own Chevron stock?

Berkshire Hathaway's Chevron Stake

Warren Buffett's position in Chevron is currently worth $16.4 Billion. That's 4.63% of their equity portfolio (5th largest holding). The investor owns 6.12% of the outstanding Chevron stock. The first Chevron trade was made in Q4 2020.

Why did Buffett sell Chevron?

Ultimately, Buffett's decision to sell a large part of his Chevron stake was likely influenced by several factors. Selling an undervalued asset as prices normalize is a classic move for value investors.

Is Chevron or Exxon a better stock?

Exxon's low price target aligns with current price action, suggesting the floor is in, the consensus adds about 20%, and Chevron's upside potential is better. Its low price target is well above the current action, suggesting this stock is deeply undervalued.

Is Chevron bigger than BP?

BP's brand is ranked #178 in the list of Global Top 1000 Brands, as rated by customers of BP. Their current market cap is $641.41M. Chevron Corporation's brand is ranked #159 in the list of Global Top 1000 Brands, as rated by customers of Chevron Corporation.

What is the cash on hand for Chevron?

Cash on Hand as of September 2023 : $5.79 B

According to Chevron's latest financial reports the company has $5.79 B in cash and cash equivalents.

What is the 5 year return on the stock market?

Basic Info. S&P 500 5 Year Return is at 90.27%, compared to 65.49% last month and 43.61% last year. This is higher than the long term average of 44.81%. The S&P 500 5 Year Return is the investment return received for a 5 year period, excluding dividends, when holding the S&P 500 index.

What is the fair value of CVX stock?

As of 2024-01-29, the Fair Value of Chevron Corp (CVX) is 338.23 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 149.14 USD, the upside of Chevron Corp is 126.8%.

What is a good annual stock return?

Most investors would view an average annual rate of return of 10% or more as a good ROI for long-term investments in the stock market.

Is Chevron a good stock to buy long term?

Valuation metrics show that Chevron Corporation may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of CVX, demonstrate its potential to outperform the market. It currently has a Growth Score of C.

Is CVX a good long term investment?

CVX meets the criteria for a good long-term investment as it is conservatively financed, produces good profits and pays an attractive dividend it can afford. Moreover, CVX stock is not expensive and the company is actively buying back shares, helping to push it higher.

Will Chevron increase its dividend in 2023?

This increase puts Chevron on track to make 2023 the 36th consecutive year with an increase in annual dividend payout per share. The Board also authorized the repurchase of the company's shares of common stock in an aggregate amount of $75 billion.

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