Chevron Corporation (CVX) is trading down at $205.67 (-0.92%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Energy sector.
Current price targets from 9 firms average $217, median $218, ranging from $205 to $227 — the average is 6% above the current $206. Each is tracked to its date and scored the same way a member's call is.
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $114.5B | $141.7B | $166.3B | $146.5B | $94.7B | $162.5B | $246.3B | $200.9B | $202.8B | $189.0B |
| Growth (year over year) | −17.3% | +23.8% | +17.4% | −11.9% | −35.4% | +71.6% | +51.6% | −18.4% | +0.9% | −6.8% |
| Gross profit | $55.2B | $66.0B | $71.8B | $66.4B | $42.5B | $70.2B | $100.8B | $81.8B | $83.6B | $80.8B |
| Gross margin | 48.2% | 46.5% | 43.1% | 45.3% | 44.9% | 43.2% | 40.9% | 40.7% | 41.2% | 42.8% |
| Net income | −$497.0M | $9.20B | $14.8B | $2.92B | −$5.54B | $15.6B | $35.5B | $21.4B | $17.7B | $12.3B |
| Net margin | −0.4% | 6.5% | 8.9% | 2.0% | −5.9% | 9.6% | 14.4% | 10.6% | 8.7% | 6.5% |
| EPS (diluted) | −$0.27 | $4.85 | $7.74 | $1.54 | −$2.96 | $8.14 | $18.28 | $11.36 | $9.72 | $6.63 |
| Balance sheet | ||||||||||
| Cash and equivalents | $6.99B | $4.81B | $9.34B | $6.91B | $5.60B | $5.64B | $17.7B | $8.18B | $8.26B | $7.29B |
| Total assets | $260.1B | $253.8B | $253.9B | $237.4B | $239.8B | $239.5B | $257.7B | $261.6B | $256.9B | $324.0B |
| Total liabilities | $113.4B | $104.5B | $98.2B | $92.2B | $107.1B | $99.6B | $97.5B | $99.7B | $103.8B | $131.8B |
| Long-term debt | $35.2B | $33.5B | $28.7B | $23.7B | $42.8B | $31.1B | $21.4B | $20.3B | $20.1B | $39.8B |
| Shareholders' equity | $145.6B | $148.1B | $154.6B | $144.2B | $131.7B | $139.1B | $159.3B | $161.0B | $152.3B | $186.4B |
| Cash flow | ||||||||||
| Operating cash flow | $12.7B | $20.3B | $30.6B | $27.3B | $10.6B | $29.2B | $49.6B | $35.6B | $31.5B | $33.9B |
| Capital expenditure | $18.1B | $13.4B | $13.8B | $14.1B | $8.92B | $8.06B | $12.0B | $15.8B | $16.4B | $17.3B |
| Free cash flow | −$5.42B | $6.93B | $16.8B | $13.2B | $1.66B | $21.1B | $37.6B | $19.8B | $15.0B | $16.6B |
| Dividends paid | $8.03B | $8.13B | $8.50B | $8.96B | $9.65B | $10.2B | $11.0B | $11.3B | $11.8B | $12.8B |
| Share buybacks | $2.00M | $1.00M | $1.75B | $4.04B | $1.76B | $1.38B | $11.3B | $14.9B | $15.2B | $12.1B |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $50.7B | $52.2B | $47.6B | $44.8B | $49.7B | $46.9B | $48.6B | $70.1B |
| Growth (year over year) | −6.3% | +10.7% | −2.3% | −12.4% | −1.9% | −10.2% | +2.1% | +56.3% |
| Gross profit | $20.2B | $22.1B | $19.0B | $18.0B | $22.3B | $21.5B | $20.3B | $33.4B |
| Gross margin | 39.9% | 42.3% | 39.9% | 40.1% | 44.9% | 45.9% | 41.8% | 47.7% |
| Net income | $4.49B | $3.24B | $3.50B | $2.49B | $3.54B | $2.77B | $2.21B | $12.1B |
| Net margin | 8.9% | 6.2% | 7.4% | 5.6% | 7.1% | 5.9% | 4.5% | 17.2% |
| EPS (diluted) | $2.48 | $1.84 | $2.00 | $1.45 | $1.82 | $1.36 | $1.11 | $6.11 |
| Balance sheet | ||||||||
| Cash and equivalents | $5.76B | $8.26B | $6.17B | $5.38B | $8.78B | $7.29B | $6.32B | $9.58B |
| Total assets | $259.2B | $256.9B | $256.4B | $250.8B | $326.5B | $324.0B | $329.6B | $330.1B |
| Total liabilities | $102.2B | $103.8B | $106.3B | $103.6B | $130.9B | $131.8B | $140.2B | $134.6B |
| Long-term debt | — | $20.1B | — | — | — | $39.8B | — | — |
| Shareholders' equity | $156.2B | $152.3B | $149.2B | $146.4B | $189.8B | $186.4B | $183.7B | $189.9B |
| Cash flow | ||||||||
| Operating cash flow | $9.67B | $8.70B | $5.19B | $8.58B | $9.38B | $10.8B | $2.51B | $22.6B |
| Capital expenditure | $4.05B | $4.34B | $3.93B | $3.71B | $4.44B | $5.26B | $4.06B | $4.54B |
| Free cash flow | $5.62B | $4.36B | $1.26B | $4.86B | $4.94B | $5.53B | −$1.55B | $18.1B |
| Dividends paid | $2.93B | $2.89B | $2.98B | $2.93B | $3.43B | $3.40B | $3.53B | $3.50B |
| Share buybacks | $4.75B | $4.50B | $3.92B | $2.60B | $2.57B | $3.00B | $2.57B | $3.00B |
From Chevron Corporation's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Chevron Corporation is an American multinational energy corporation predominantly specializing in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California, it is active in more than 180 countries.
Source: Wikipedia — Chevron Corporation