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Chevron Corporation (CVX) Stock Analysis

Range Bound setup

Buy WaitVALUE-TRAP 1/5Moderate Confidence

Energy · Oil & Gas Integrated

Earnings in 0 days (2026-05-01). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Wait for pullback to $164.25. BUY gates pass at $191.57, but concentration risk — Commodity: crude oil, natural gas, and natural gas liquids and analyst target reached - limited upside remaining argue for a more patient entry. Engine's entry $164.25 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum.

Chevron is an integrated energy company with upstream E&P (crude oil, natural gas, LNG) and downstream (refining, marketing, petrochemicals) operations globally. Revenue from commodity sales to industrial, transportation, and consumer markets. Closed the Hess acquisition in July... Read more

$191.57+7.8% A.UpsideScore 4.6/10#16 of 17 Oil & Gas Integrated
Entry $164.25(Atr Pullback Sticky)Stop $155.06Target $201.37(resistance)A.R:R -0.0:1Setup A.R:R 1.6:1
Analyst target$212.30+10.8%23 analysts
$201.37our TP
$191.57price
$212.30mean
$165
$236

Wait for pullback to $164.25. BUY gates pass at $191.57, but concentration risk — Commodity: crude oil, natural gas, and natural gas liquids and analyst target reached - limited upside remaining argue for a more patient entry. Engine's entry $164.25 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Chart setup: RSI 54 mid-range, Bollinger mid-band. Earnings in 0 days. Wait until post-earnings. Score 4.6/10, moderate confidence.

Passes 5/7 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 0d<=7d. Suitability: moderate.

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Commodity: crude oil, natural gas, and natural gas liquids
Analyst target reached - limited upside remaining

Key Metrics

P/E (TTM)29.0
P/E (Fwd)16.4
Mkt Cap$382.9B
EV/EBITDA11.4
Profit Mgn6.7%
ROE7.2%
Rev Growth-8.2%
Beta0.59
Dividend3.70%
Rating analysts32

Quality Signals

Piotroski F6/9

Options Flow

P/C0.84neutral
IV49%normal

Concentration Risks(10-K Item 1A)

  • HIGHCommoditycrude oil, natural gas, and natural gas liquids
    10-K Item 1A: 'An investment in the company carries significant exposure to fluctuations in global prices of crude oil, natural gas, and natural gas liquids.'

Material Events(8-K, last 90d)

  • 2026-01-30Item 5.02LOW
    Independent Directors approved 2026 executive compensation; CEO Michael Wirth base salary increased to $1,975,000. Routine annual compensation review for Named Executive Officers.
    SEC filing →
  • 2026-01-27Item 5.02LOW
    Board appointed Thomas W. Horton as director effective January 27, 2026, also added to Audit Committee. No reason cited for prior vacancy.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

2 floor-breakers

Revenue shrinking — -8.2% YoY. Growth thesis broken unless recovery story develops.static

Earnings Growth
0.0
Revenue Growth
0.5
Declining revenue: -8%

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Value Rank
0.6
Quality Rank
2.1
Growth Rank
2.4
GatesA.R:R -0.0=NEGATIVEEARNINGS PROXIMITY 0d<=7dMomentum 6.5>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARRange BoundSuitability: Moderate
RSI
54 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $177.74Resistance $205.48

Price Targets

$155
$164
$201
A.Upside+5.1%
A.R:R-0.0:1
Setup A.R:R (at entry)1.6:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeCautious

Risk Alerts

! Target reached (-0.2% upside)
! Earnings in 0 days - binary event risk
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-05-01 (0d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CVX stock a buy right now?

Wait for pullback to $164.25. BUY gates pass at $191.57, but concentration risk — Commodity: crude oil, natural gas, and natural gas liquids and analyst target reached - limited upside remaining argue for a more patient entry. Engine's entry $164.25 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Chart setup: RSI 54 mid-range, Bollinger mid-band. Earnings in 0 days. Wait until post-earnings. Target $201.37 (+5.1%), stop $155.06 (−23.5%), Setup A.R:R 1.6:1. Score 4.6/10, moderate confidence.

What is the CVX stock price target?

Take-profit target: $201.37 (+7.8% upside). Target $201.37 (+5.1%), stop $155.06 (−23.5%), Setup A.R:R 1.6:1. Stop-loss: $155.06.

What are the risks of investing in CVX?

Concentration risk — Commodity: crude oil, natural gas, and natural gas liquids; Analyst target reached - limited upside remaining.

Is CVX overvalued or undervalued?

Chevron Corporation trades at a P/E of 29.0 (forward 16.4). TrendMatrix value score: 6.1/10. Verdict: Buy (Wait for Entry).

What do analysts say about CVX?

32 analysts cover CVX with a consensus score of 3.8/5. Average price target: $212.

What does Chevron Corporation do?Chevron is an integrated energy company with upstream E&P (crude oil, natural gas, LNG) and downstream (refining,...

Chevron is an integrated energy company with upstream E&P (crude oil, natural gas, LNG) and downstream (refining, marketing, petrochemicals) operations globally. Revenue from commodity sales to industrial, transportation, and consumer markets. Closed the Hess acquisition in July 2025, adding Guyana deepwater assets.

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