Chevron Stock Forecast and Price Prediction 2024–2035
As one of the leading players in the global energy sector, Chevron Corporation has attracted the attention of investors due to its significant impact on the oil and gas industry. Despite operating in the energy sector, where fluctuations in commodity prices can impact business, Chevron has consistently put cash in the pockets of its shareholders. But today, Chevron faces more uncertainty. Oil prices have fallen, and the company is addressing potential geopolitical problems through large-scale acquisitions.
Chevron Corporation’s stock is trading toward its highest historical price-to-book value ratio in the last decade, although it has fallen from its highs. The company is generating free cash flow of about ten percent of its revenue, and its return on equity is near its highest level in a decade. On the one hand, Chevron appears to be earning its high valuation. However, the fear is that these fundamentals could deteriorate if oil prices continue to fall. In the meantime, the good news is that Chevron is financially prepared for the turbulence. Chevron has the strongest balance sheet among its closest competitors, with a low debt-to-equity ratio of 0.12x.
However, Chevron Corporation’s greatest claim is probably its 36 consecutive annual dividend increases. This record has been achieved despite the inherently cyclical nature of the industry, which is quite impressive. Today, the dividend yield is around 3.98%. The combination of yield, dividend stability, and financial strength is something that conservative dividend investors should find attractive in a volatile sector like energy.
If we look at the performance of Chevron (CVX) stock, its return in the last 12 months has been -2.37%. There has been an increase of 8.44 percent so far this year. Additionally, the five-year total return is 63.69%, meaning that $100 invested in CVX stock five years ago is now worth $163.69. Keep in mind here that total returns include both price appreciation and dividend reinvestment.
In this post, we will learn about Chevron stock predictions for tomorrow, next week, and the coming years and understand whether this stock could be a better choice for long-term investment. This page also presents company fundamental analysis and current charts for Chevron Corp.
On this page, you will find information about the company’s current stock price, live charts, and updated and new forecasts for short- and long-term intervals:
- Stock price information is updated every minute.
- Technical indicator data is updated based on a specific time frame.
- Financial reporting data is updated quarterly.
- Stock charts are updated every minute.
Chevron stock forecast prices in tables are updated automatically depending on how the current asset price changes.
Chevron Corporation At a Glance,
Chevron Corporation, the energy kingpin in the global energy community, is one of the biggest and the leader amongst the multinationals operating in the oil and gas as well as energy-related fields. The company was established in 1879 as Western Coast Oil Company and later grew to reach a global scale by consolidation, acquisitions, and strategic broadening of its activities.
Today it is the combination of two corporations – Chevron Corporation and Texaco Inc. that merged in 2001 that made CVX a mighty player in the creation of energy through oil and gas. Chevron is simultaneously always present in all the phases of the energy chain, such as the upstream and downstream operations, using fossil fuels as the main resource. The company spans several countries including the UK, Germany, the USA, and some of the globe. The company’s main market in the energy world is the global one.
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Technical Analysis of Chevron Corporation Based on Indicators
You can use Chevron Corporation indicator-based technical analysis to find better entry points into the market. For Technical Analysis for CVX, you can adjust the time frame as per your wish to find the best analysis.
Indicator-based technical analysis of CVX signals is classified into different categories to help you understand what is going on here.
- “Sell” or “Strong Sell” means that most signals are bearish.
- “Buy” or “Strong Buy” means that most signals are bullish.
- “Neutral” means that the signal is neither bearish nor bullish.
While making your selection, keep in mind that signals may vary in different time frames. For short-term signals, it is recommended to use settings in the range of 15 minutes to 2 hours. If you want to hold Chevron Corporation stock for longer than a week, you should use settings ranging from days to weeks.
Chevron Stock Forecast for Tomorrow and Next Week Based on The Last 30 Days
The Chevron Corporation stock forecast for tomorrow is $163. In the next week, the price of CVX is expected to decrease by -0.61% and hit $162.
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Long-Term Chevron Stock Price Forecast 2024–2035
As far as the long-term Chevron stock forecast is concerned, the CVX forecast for 2025 is currently $197, for 2030 it is $308, and for 2035 it is $387. Here, we assume that Chevron Corporation shares will continue to grow at the average annual rate over the last 10 years.
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Live Chevron Corporation (CVX) Chart
Main Factors That Affect Chevron Corporation Stock Price
Many factors cause fluctuations in Chevron Corporation’s share price, and most of them revolve around seller supply and buyer demand. However, other factors influence it, such as:
- Oil Prices: Chevron Corporation’s financial results are directly affected by the oil prices in the world market. Hence, this has a direct impact on the company’s profit as well as on its stock price.
- The performance of Chevron in its financial dimension and its strategic actions: Chevron’s financial statements, like cash flows from operating activities, investment activities, financing activities, debt ratio, and strategic moves too will have a direct effect on the stock market price patterns. Positive financial results alongside the correct strategic decisions bring to light optimism among shareholders leading to variations in stock prices while bad outcomes become instrumental for declines in share price.
- Analysts sometimes upgrade or downgrade a stock: This impacts investor views, affecting the price. Investors follow an analyst rating change. Their sentiment on the stock shifts, leading to price fluctuations.
- Exploration and production activities: Oil exploration and production activities strongly impact profits and investor views. These undertakings significantly influence company stock value on the market. They represent powerful forces driving stock price changes.
- Environmental and sustainability factors: Chevron’s stock price is subject to volatility as more investors take into account the global focus on environmental sustainability, climate change predictions, and the ongoing shift to renewable growth.
- News and media coverage about the company: Changes in the news and media coverage of the firm or press releases concerning the company or its industry can cause erratic variations in stock prices.
Chevron Stock Price Prediction: Bottom Line
Finally, let’s see how the future of Chevron Corporation’s stock looks from the end of 2024 to the beginning of 2035. This forecast isn’t just to have numbers; it is to know the steps of the dynamic among the diming industry, changing market, and Chevron’s own action.
Besides its role as a key player in the global energy arena, the value of Chevron’s shares is well correlated with the fluctuation of oil prices, the global requirements of energy, the big political events, and the company’s efforts to cut down on finding and getting the oil.
Chevron is set to soar high as the future stock price indication, except for positive times ahead, which is a result of the company’s penchant for new technology, strict environmental management, and sustainable energy solutions.
The folks that prefer investing for the long haul appear fine with the fact that Chevron is more of a dividend-focused- company that is very careful with its expenditure while still skillfully playing its wells to make cash.
But, of course, a word of caution: the stock market is quite like a rollercoaster ride. What ups and downs it goes through throughout the day. Economy cycles, political instability, and happenings in an economy at the same time can all cause a big change.
An oil refining multinational navigates the ups and downs of the energy sector, which means investors should be prudent, informed, and flexible in any situation.
In advance, we have a roadmap for the stock market where Chevron Energies well depicts the promise of growth and solidity should the energy world get rocking.
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Frequently Asked Questions (FAQs)
What’s the Chevron stock price prediction for tomorrow?
The Chevron stock price prediction for tomorrow is $ 163, based on the current market trends.
What’s the Chevron stock price prediction for next week?
The Chevron stock price prediction for next week is $ 162, which would represent a -0.61% decrease in the CVX stock price.
What is the Chevron stock prediction for 2025?
According to our Chevron stock prediction for 2025, CVX stock will be priced at $ 197 in 2025. This forecast is based on the stock’s average growth over the past 10 years.
What is Chevron Corp. stock projected to be worth in 5 years?
As per the estimated stock price, the Chevron Corporation stock price could reach $291 in the next 5 years.
How much will Chevron Corp. stock be worth in 2030?
In 2030, the Chevron Corp. stock will reach $ 308 if it maintains its current 10-year average growth rate. If this Chevron stock prediction for 2030 materializes, CVX stock will grow 93% from its current price.
What is Chevron stock projected to be worth in 10 years?
According to the estimated stock price, the Chevron Corp. stock price could reach $368 in the next 10 years.
Price Prediction Methodology
The following tools are used to make predictions:
- Technical analysis is the basic tool. This involves studying price charts and using indicators to forecast future price movements. The analysis was mostly done on medium- and long-term time frames for more accurate results.
- The likelihood, kind, and strength of a fundamental element that could affect the price are all assessed with the use of statistical methods.
- Predictive modeling uses statistical algorithms to forecast future prices based on historical data.
- Forecasts are based on consensus and expert opinion.
This article is for informational purposes only and does not constitute investment advice. Be aware of the high volatility of stock market and consider their risks when making investment decisions.
