Scorecard › Oil & Gas Majors (firm by firm) › CVX

CVX analyst scorecard · Chevron Corporation

53 rating actions on CVX in the last 12 months. Of 73 price targets that resolved, 26 were reached while they stood, 44 were replaced by the same firm first, and 3 fell short at their deadline. Ratings: 70% Buy-type, 26% Hold-type, 4% Sell-type. Consensus target $232, 1% above the last close.

Checked through 2026-10-29 · last close $231.03 (2026-10-29). Rebuilt every morning.

Targets reached while they stood
35.6% 26 of 73
Replaced before the deadline
60.3%
Short at the deadline
4.1%
Ratings vs XLE
5 of 9
Buy / Hold / Sell, 12 mo
70 / 26 / 4%
Consensus target
$232 +0.6%

What the Holds say: 14 Hold-type ratings on CVX in the last 12 months carried a median target +4% from the price on the day; 21% sat below it.

The 3 upgrades on CVX came after an average -6.8% move in the 30 days before them.

Firm by firm

FirmLatest ratingDateLatest targetTargets reachedReplaced earlyResolvedRatings vs sector
Morgan Stanley Overweight2026-10-15 $226 145—
Wells Fargo Overweight2026-09-03 $230 29110 of 1
Mizuho Outperform2026-05-27 $230 1780 of 1
Piper Sandler Overweight2026-09-03 $243 1781 of 1
TD Cowen Hold2026-10-12 $225 101—
Bernstein Market Perform2026-08-03 $209 112—
Bank of America Buy2026-07-28 $227 3140 of 1
Wolfe Research Outperform2026-07-02 $210 101—
BNP Paribas Outperform2026-04-17 $174 101—
Jefferies Buy2026-01-14 $189 101—
Citigroup Buy2026-04-02 $235 2030 of 1
Barclays Equal-Weight2026-08-17 $208 167—
HSBC Buy2026-09-25 $250 202—
UBS Buy2026-10-08 $235 1671 of 1
RBC Capital Outperform2026-05-05 $220 3041 of 1
BMO Capital Outperform2026-09-03 $235 ——0—
Scotiabank Sector Perform2026-04-22 $187 202—
Freedom Capital Markets Sell2026-01-06 $165 101—
Freedom Broker Sell2026-01-06 $165 101—

Counts for one firm on one stock are small and move together; they are a record, not a grade. Neither the firms nor CVX carry a letter here. Why →

Every call, last 12 months

DateFirmRatingActionPrice at callTargetTarget statusMove in the 30 days before
2026-10-15 Morgan Stanley Overweight maintained $219.32 $226 within 5% of price when set +0.7%
2026-10-12 TD Cowen Hold maintained $215.00 $225 within 5% of price when set +0.4%
2026-10-08 UBS Buy maintained $211.55 $235 running to 2027-10-08 +0.8%
2026-09-28 TD Cowen Hold maintained $206.37 $215 within 5% of price when set +2.2%
2026-09-25 HSBC Buy maintained $204.45 $250 running to 2027-09-25 +2.1%
2026-09-03 BMO Capital Outperform maintained $211.32 $235 running to 2027-09-03 +11.0%
2026-09-03 Piper Sandler Overweight maintained $211.32 $243 running to 2027-09-03 +11.0%
2026-09-03 Wells Fargo Overweight maintained $211.32 $230 reached 2026-10-23 +11.0%
2026-08-19 Morgan Stanley Overweight maintained $205.76 $218 reached 2026-10-14 +8.5%
2026-08-17 Barclays Equal-Weight maintained $202.70 $208 within 5% of price when set +8.2%
2026-08-05 TD Cowen Hold maintained $186.41 $205 reached 2026-08-18 +10.9%
2026-08-03 Bernstein Market Perform maintained $193.18 $209 reached 2026-09-01 +14.2%
2026-08-03 Barclays Equal-Weight maintained $193.18 $216 replaced 2026-08-17, new $208 +14.2%
2026-07-28 Bank of America Buy maintained $187.58 $227 reached 2026-10-23 +9.7%
2026-07-22 TD Cowen Hold maintained $192.98 $200 within 5% of price when set +10.2%
2026-07-02 Wolfe Research Peer Perform → Outperform upgrade $169.20 $210 reached 2026-09-01 -9.8%
2026-06-29 Morgan Stanley Overweight maintained $168.47 $210 replaced 2026-08-19, new $218 -7.7%
2026-05-27 Mizuho Outperform maintained $182.40 $230 reached 2026-10-23 -1.3%
2026-05-26 Barclays Equal-Weight maintained $184.71 $213 replaced 2026-08-03, new $216 -0.3%
2026-05-22 Morgan Stanley Overweight maintained $191.43 $214 replaced 2026-06-29, new $210 +2.7%
2026-05-11 Bernstein Market Perform maintained $184.74 $204 replaced 2026-08-03, new $209 -2.0%
2026-05-05 RBC Capital Outperform reiterated $192.64 $220 reached 2026-10-14 -3.2%
2026-05-04 UBS Buy maintained $192.28 $220 replaced 2026-10-08, new $235 -3.4%
2026-05-04 Barclays Equal-Weight maintained $192.28 $192 within 5% of price when set -3.4%
2026-04-22 Scotiabank Sector Perform maintained $186.32 $187 within 5% of price when set -9.2%
2026-04-17 BNP Paribas Neutral → Outperform upgrade $183.99 $174 reached 2026-06-18 -7.4%
2026-04-13 RBC Capital Outperform maintained $191.78 $220 reached 2026-10-14 -2.6%
2026-04-09 Wells Fargo Overweight maintained $190.36 $222 replaced 2026-09-03, new $230 +2.2%
2026-04-02 Citigroup Buy maintained $198.97 $235 running to 2027-04-02 +5.4%
2026-03-27 Morgan Stanley Overweight maintained $211.15 $212 within 5% of price when set +14.6%
2026-03-17 Mizuho Outperform maintained $197.97 $217 replaced 2026-05-27, new $230 +7.7%
2026-03-16 Barclays Equal-Weight maintained $196.84 $180 replaced 2026-05-04, new $192 +7.1%
2026-03-12 Piper Sandler Overweight maintained $196.97 $242 replaced 2026-09-03, new $243 +8.1%
2026-03-02 Citigroup Buy maintained $189.60 $210 reached 2026-03-27 +7.2%
2026-03-02 Bank of America Buy maintained $189.60 $206 reached 2026-03-24 +7.2%
2026-02-02 Wells Fargo Overweight maintained $174.03 $204 reached 2026-03-23 +11.6%
2026-01-23 Morgan Stanley Overweight maintained $166.72 $174 within 5% of price when set +10.8%
2026-01-21 Barclays Equal-Weight maintained $166.73 $166 within 5% of price when set +11.3%
2026-01-14 Jefferies Buy maintained $167.24 $189 reached 2026-03-02 +11.6%
2026-01-08 Piper Sandler Overweight maintained $159.25 $174 reached 2026-01-30 +7.2%
2026-01-06 Freedom Capital Markets Hold → Sell downgrade $156.54 $165 reached 2026-01-14 +4.4%
2026-01-06 Freedom Broker Hold → Sell downgrade $156.54 $165 reached 2026-01-14 +4.4%
2026-01-05 Citigroup Buy maintained $163.85 $179 reached 2026-02-04 +9.2%
2026-01-05 Bernstein Market Perform maintained $163.85 $172 within 5% of price when set +9.2%
2025-12-12 Mizuho Outperform maintained $149.99 $206 replaced 2026-03-17, new $217 -2.2%
2025-12-11 Bank of America Buy maintained $150.72 $180 reached 2026-02-04 -3.5%
2025-12-01 HSBC Hold → Buy upgrade $152.54 $169 reached 2026-01-27 -3.3%
2025-11-14 Wells Fargo Overweight maintained $157.62 $196 replaced 2026-02-02, new $204 —
2025-11-13 Piper Sandler Overweight maintained $155.58 $168 replaced 2026-01-08, new $174 —
2025-11-13 Mizuho Outperform maintained $155.58 $204 replaced 2025-12-12, new $206 —
2025-11-13 Morgan Stanley Overweight maintained $155.58 $180 replaced 2026-01-23, new $174 —
2025-11-10 Piper Sandler Overweight maintained $155.65 $169 replaced 2025-11-13, new $168 —
2025-11-03 Morgan Stanley Overweight maintained $154.04 $177 replaced 2025-11-13, new $180 —

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How calls are checked

Every call is checked on the firm's own terms. A price target is followed until its own deadline (12 months unless the firm publishes a different horizon) and ends as reached (the stock closed at or beyond it while it stood), replaced (the same firm set a new target first) or short at deadline. A rating is compared with the stock's sector SPDR ETF on total return over the rating's life, because most big-firm ratings are relative: Overweight means "beat its peers", not "go up". Hold-type ratings are tracked, not graded. A firm is numbered only with 30+ resolved targets, and a letter prints only for a firm's whole record where an exact test separates it from a coin flip. None of this is a verdict on anyone's skill, and one day is never a grade. The full method →

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