Chevron (CVX) Q2 2026 earnings — TrendMatrix coverage

Reported EPS

$6.06

Estimate

$5.58

Surprise

+8.6%

Score at report (before → after)

5.1 → 4.9/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

Chevron (CVX) beat the $5.58 estimate with diluted EPS of $6.06 — a clear 8.6% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.1/10) to Hold at 4.9/10 after the report — the engine's score fell despite the beat.

TrendMatrix currently rates CVX Hold at 6.6/10.

4 of the last 4 quarters beat the estimate; this quarter's +8.6% surprise compares with a +17.0% four-quarter average. Next scheduled report: 2026-10-30.

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current price

$214.25

Price target

$246.17

Stop

$205.82

Upside to target

+14.9%

Model outputs from TrendMatrix’s engine as of 2026-09-13 — shown for context, not personalized investment advice.

Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.

Industry

Oil & Gas Integrated

Market cap

$419.90B

P/E (fwd)

15.9

P/E (ttm)

20.6

52-week range

$146.49–$217.40

Off 52-week high

1.4%

RSI (14)

65

Volume vs avg

0.85×

Score today

6.6/10