Indicators Suggest a Buying Opportunity for Previous Stock Selections
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 21 2026
0mins
Source: Barron's
- Market Shift: Investors are increasingly favoring value stocks as market dynamics change.
- Emerging Opportunities: Previously overlooked stocks are now presenting new investment opportunities.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy CVX?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on CVX
Wall Street analysts forecast CVX stock price to fall
19 Analyst Rating
15 Buy
4 Hold
0 Sell
Strong Buy
Current: 191.100
Low
158.00
Averages
176.95
High
206.00
Current: 191.100
Low
158.00
Averages
176.95
High
206.00
About CVX
Chevron Corporation is an integrated energy company. The Company produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance its business and industry. The Company’s segments include Upstream and Downstream. Upstream operations consist primarily of exploring for, developing, producing and transporting crude oil and natural gas; liquefaction, transportation and regasification associated with LNG; transporting crude oil by major international oil export pipelines; processing, transporting, storage and marketing of natural gas; carbon capture and storage; and a gas-to-liquids plant. Downstream operations consist primarily of the refining of crude oil into petroleum products; marketing crude oil, refined products, and lubricants; manufacturing and marketing of renewable fuels, and transporting of crude oil and refined products by pipeline, marine vessel, motor equipment and rail car.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Analysts Favor Exxon Mobil and Chevron Outlook
- Exxon Mobil Price Target: Analysts have set a 12-month average price target of $168.32 for Exxon Mobil (XOM), indicating a potential upside of about 5% from its last close, reflecting a positive market outlook for the company's future performance.
- Chevron Price Target: Chevron (CVX) has a 12-month average price target of $214.87, suggesting an upside potential of approximately 9.5%, and its forward P/E ratio of 12.6x is more attractive than Exxon Mobil's 13.3x, drawing more investor interest.
- Performance Results: Exxon Mobil reported revenues of $85.14 billion in Q1 2026, surpassing Wall Street expectations of $81.13 billion, with an adjusted earnings per share of $1.16 despite a $700 million hit from hedging losses due to the Middle East conflict, showcasing its strong performance amid rising global oil prices.
- Retail Sentiment Shift: On Stocktwits, retail sentiment around Exxon Mobil is currently bearish, while Chevron's sentiment has shifted from bearish to neutral, indicating a change in investor focus and sentiment towards both stocks, reflecting a reassessment of energy stocks in the market.
See More
Trump Halts Military Action Against Iran Amid Global Energy Concerns
- Military Action Halted: Trump announced a pause in military action against Iran following requests from leaders in Saudi Arabia, the UAE, and Qatar, while still threatening a large-scale assault if necessary, which could significantly impact geopolitical stability in the Middle East.
- Oil Price Fluctuations: International benchmark Brent crude futures fell over 2% to $109.15 per barrel, while West Texas Intermediate futures declined 1.27% to $107.28, reflecting market concerns over energy supply tightness that may lead to future price increases.
- Pressure on Airlines: Ryanair's CFO warned of a potential
See More
Trump Warns Iran of Possible Conflict Resurgence
- Oil Price Surge: Trump's social media comments urging Iran to 'get moving' have led to a spike in oil prices overnight, raising concerns about a potential resurgence of conflict that could destabilize global energy markets.
- Market Volatility: Following Trump's remarks, stock futures have fallen, setting Wall Street up for another day of significant losses, highlighting the direct impact of political factors on market sentiment.
- Delta Air Lines Investment: Berkshire Hathaway's announcement of a $2.6 billion stake in Delta Air Lines, making it the company's 14th largest holding, reflects confidence in the airline industry's recovery and may drive Delta's stock price higher.
- Meta Layoff Plans: Meta is expected to lay off about 10% of its workforce this week, amidst widespread layoffs in the tech sector, which could dampen employee morale and underscores the company's urgent need for cost control.
See More
Trump Warns Iran Amid Rising Tensions
- Oil Price Surge: Trump's statement urging Iran to 'get moving' has led to a sharp increase in oil prices overnight, raising concerns that the conflict could reignite, which may impact global energy markets and investor confidence.
- Market Volatility: Following Trump's comments, stock futures fell, setting Wall Street up for potentially significant losses again, despite the S&P 500 managing to achieve its seventh consecutive winning week, indicating market fragility.
- Delta Airlines Stock Rise: Delta Airlines shares rose over 2% before the bell after Berkshire Hathaway revealed a $2.6 billion stake in the carrier, marking a return to the airline sector and potentially boosting market confidence in airline stocks.
- Lululemon's Shareholder Pressure: Lululemon's letter to shareholders criticized founder Chip Wilson's outdated views, which could derail the company's turnaround plan, urging shareholders to support its strategy at the upcoming annual meeting, highlighting the urgency of corporate governance issues.
See More
Nvidia Earnings in Focus as Market Reacts Mutedly
- Nvidia Earnings Expectations: Nvidia is expected to report an 80% year-over-year revenue growth for Q1, with its market cap briefly exceeding $5.7 trillion last week, underscoring its leadership in the AI sector, despite a 4.4% drop in stock price last Friday.
- Market Impact Analysis: Analysts note that Nvidia accounts for 9% of the S&P 500 index and contributed 20% to the index's total returns for 2026, highlighting its significant influence on overall market performance, particularly driven by AI stocks.
- Retail Earnings Outlook: TJX anticipates a 6% year-over-year revenue increase for Q1, while Walmart is expected to maintain strong performance following a 12% EPS growth, indicating continued consumer spending resilience.
- Berkshire Portfolio Adjustments: Berkshire Hathaway, under new CEO Abel, acquired a $2.6 billion stake in Delta Air Lines and reduced investments in banking and healthcare sectors, reflecting a strategy focused on concentrated investments.
See More
Berkshire Hathaway's Portfolio Revamp Triggers Stock Market Fluctuations
- Portfolio Restructuring: Under new CEO Greg Abel, Berkshire Hathaway's latest quarterly filing reveals a purchase of 39.8 million shares in Delta Airlines valued at $2.6 billion, making it the company's 14th largest holding, indicating a renewed confidence in the airline sector.
- Tech Stock Increase: Alphabet, Google's parent company, saw an increase of 58 million shares, up 224%, becoming Berkshire's seventh largest holding, despite a 0.6% drop in early trading, reflecting the market's mixed sentiment towards tech stocks.
- New Investments and Reductions: Berkshire initiated a new stake in Macy's while reducing its Chevron holdings by 35%, selling $8 billion worth of shares, with Macy's stock rising 5% in premarket trading, indicating optimism in retail stocks.
- Complete Exit from Amazon: Berkshire fully exited its investment in Amazon by selling 2.3 million shares in Q1, marking an adaptation to changing consumer behaviors post-pandemic, with Amazon's stock down 0.7% in early trading.
See More
Analysts Favor Exxon Mobil and Chevron Outlook
- Exxon Mobil Price Target: Analysts have set a 12-month average price target of $168.32 for Exxon Mobil (XOM), indicating a potential upside of about 5% from its last close, reflecting a positive market outlook for the company's future performance.
- Chevron Price Target: Chevron (CVX) has a 12-month average price target of $214.87, suggesting an upside potential of approximately 9.5%, and its forward P/E ratio of 12.6x is more attractive than Exxon Mobil's 13.3x, drawing more investor interest.
- Performance Results: Exxon Mobil reported revenues of $85.14 billion in Q1 2026, surpassing Wall Street expectations of $81.13 billion, with an adjusted earnings per share of $1.16 despite a $700 million hit from hedging losses due to the Middle East conflict, showcasing its strong performance amid rising global oil prices.
- Retail Sentiment Shift: On Stocktwits, retail sentiment around Exxon Mobil is currently bearish, while Chevron's sentiment has shifted from bearish to neutral, indicating a change in investor focus and sentiment towards both stocks, reflecting a reassessment of energy stocks in the market.
See More
Trump Halts Military Action Against Iran Amid Global Energy Concerns
- Military Action Halted: Trump announced a pause in military action against Iran following requests from leaders in Saudi Arabia, the UAE, and Qatar, while still threatening a large-scale assault if necessary, which could significantly impact geopolitical stability in the Middle East.
- Oil Price Fluctuations: International benchmark Brent crude futures fell over 2% to $109.15 per barrel, while West Texas Intermediate futures declined 1.27% to $107.28, reflecting market concerns over energy supply tightness that may lead to future price increases.
- Pressure on Airlines: Ryanair's CFO warned of a potential
See More
Trump Warns Iran of Possible Conflict Resurgence
- Oil Price Surge: Trump's social media comments urging Iran to 'get moving' have led to a spike in oil prices overnight, raising concerns about a potential resurgence of conflict that could destabilize global energy markets.
- Market Volatility: Following Trump's remarks, stock futures have fallen, setting Wall Street up for another day of significant losses, highlighting the direct impact of political factors on market sentiment.
- Delta Air Lines Investment: Berkshire Hathaway's announcement of a $2.6 billion stake in Delta Air Lines, making it the company's 14th largest holding, reflects confidence in the airline industry's recovery and may drive Delta's stock price higher.
- Meta Layoff Plans: Meta is expected to lay off about 10% of its workforce this week, amidst widespread layoffs in the tech sector, which could dampen employee morale and underscores the company's urgent need for cost control.
See More
Trump Warns Iran Amid Rising Tensions
- Oil Price Surge: Trump's statement urging Iran to 'get moving' has led to a sharp increase in oil prices overnight, raising concerns that the conflict could reignite, which may impact global energy markets and investor confidence.
- Market Volatility: Following Trump's comments, stock futures fell, setting Wall Street up for potentially significant losses again, despite the S&P 500 managing to achieve its seventh consecutive winning week, indicating market fragility.
- Delta Airlines Stock Rise: Delta Airlines shares rose over 2% before the bell after Berkshire Hathaway revealed a $2.6 billion stake in the carrier, marking a return to the airline sector and potentially boosting market confidence in airline stocks.
- Lululemon's Shareholder Pressure: Lululemon's letter to shareholders criticized founder Chip Wilson's outdated views, which could derail the company's turnaround plan, urging shareholders to support its strategy at the upcoming annual meeting, highlighting the urgency of corporate governance issues.
See More
Nvidia Earnings in Focus as Market Reacts Mutedly
- Nvidia Earnings Expectations: Nvidia is expected to report an 80% year-over-year revenue growth for Q1, with its market cap briefly exceeding $5.7 trillion last week, underscoring its leadership in the AI sector, despite a 4.4% drop in stock price last Friday.
- Market Impact Analysis: Analysts note that Nvidia accounts for 9% of the S&P 500 index and contributed 20% to the index's total returns for 2026, highlighting its significant influence on overall market performance, particularly driven by AI stocks.
- Retail Earnings Outlook: TJX anticipates a 6% year-over-year revenue increase for Q1, while Walmart is expected to maintain strong performance following a 12% EPS growth, indicating continued consumer spending resilience.
- Berkshire Portfolio Adjustments: Berkshire Hathaway, under new CEO Abel, acquired a $2.6 billion stake in Delta Air Lines and reduced investments in banking and healthcare sectors, reflecting a strategy focused on concentrated investments.
See More
Berkshire Hathaway's Portfolio Revamp Triggers Stock Market Fluctuations
- Portfolio Restructuring: Under new CEO Greg Abel, Berkshire Hathaway's latest quarterly filing reveals a purchase of 39.8 million shares in Delta Airlines valued at $2.6 billion, making it the company's 14th largest holding, indicating a renewed confidence in the airline sector.
- Tech Stock Increase: Alphabet, Google's parent company, saw an increase of 58 million shares, up 224%, becoming Berkshire's seventh largest holding, despite a 0.6% drop in early trading, reflecting the market's mixed sentiment towards tech stocks.
- New Investments and Reductions: Berkshire initiated a new stake in Macy's while reducing its Chevron holdings by 35%, selling $8 billion worth of shares, with Macy's stock rising 5% in premarket trading, indicating optimism in retail stocks.
- Complete Exit from Amazon: Berkshire fully exited its investment in Amazon by selling 2.3 million shares in Q1, marking an adaptation to changing consumer behaviors post-pandemic, with Amazon's stock down 0.7% in early trading.
See More
