CVX Price Prediction Next Week
Technical Analysis:
Based on the latest technical indicators for CVX:
- RSI (14) at 55.00 indicates neutral momentum
- MACD (12,26,9) showing positive momentum with value at 1.03
- Stochastic (14,3,3) at 88.93 suggests overbought conditions
- Price trading above major moving averages (SMA 5,10,20,60,200)
Price Target Analysis:
Fibonacci levels indicate key price targets:
- Resistance 1: $158.34
- Resistance 2: $160.00
- Resistance 3: $162.69
- Support 1: $152.98
- Support 2: $151.32
- Support 3: $148.63
News Sentiment Impact:
Recent significant developments:
- Chevron received a 75% rating from Validea's Multi-Factor Investor model
- Raymond James lowered price target to $175 from $180 but maintains Outperform rating
- Company facing potential challenges regarding Venezuela operations amid political tensions
- Recent dividend increase of 5% to $1.71 quarterly ($6.84 annually), marking 38th consecutive year of dividend growth
Price Prediction for Next Week:
Based on technical indicators and news sentiment:
- Short-term target: $160-162 range
- Stop loss: $152.98 (Support 1)
Trading Recommendation: BUY
Rationale:
- Price momentum remains positive with MACD above signal line
- Strong support at Fibonacci levels
- Positive analyst sentiment despite minor price target adjustment
- Continued commitment to shareholder returns through dividend growth
- Current price offers good entry point with defined risk level
Target entry: $157-158 range Initial target: $160 Secondary target: $162.69 (Fibonacci R3) Stop loss: $152.98
CVX Similar Chart Price Prediction
The price of CVX is predicted to go up -0.81%, based on the high correlation periods with HES. The similarity of these two price pattern on the periods is 96.18%.
CVX
HES
Down: -0.81%Similarity: 96.18%
CVX Stock Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030
Year
CVX Price Forecast($)
Potential Return(%)
2025
148.330
0.320
2026
175.000
17.300
2027
180.000
20.650
2028
180.000
20.650
2029
180.000
20.650
2030
190.000
27.350
What is CVX stock price prediction 2025 ?
What is CVX stock price prediction 2026 ?
What is CVX stock price prediction 2027 ?
What is CVX stock price prediction 2028 ?
What is CVX stock price prediction 2029 ?
What is CVX stock price prediction 2030 ?
CVX Revenue Forecast
CVX EPS Forecast
CVX FAQs
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CVX VS S&P500
Returns and free cash flow generation should improve, thanks to a cap on capital spending and the addition of higher-margin production volumes.
Chevron's large Permian position is mostly composed of legacy acreage, meaning the firm did not overpay to enter the play; 75% has a low royalty rate or none, giving it a cost advantage.
CVX Analyst's Forecast
Justin Jenkins
Raymond James
Buy
2025-02-03
Price Target
$180 → $175
Upside
+14.21%
Raymond James analyst J.R. Weston raised the firm's price target on Hess Corp. (HESM) to $48 from $45 and keeps an Outperform rating on the shares. Hess Midstream's story is fairly simple, in that it is uniquely midstream-friendly and still possesses a differentiated combination of operating leverage, contractual support, valuation, and financial optionality, the analyst tells investors in a research note. While these characteristics haven't changed, the firm says Hess Midstream's fate remains unclear as Chevron (CVX) seeks to buy sponsor-partner Hess (HES).
Justin Jenkins
Raymond James
Buy
2025-01-17
Price Target
$175 → $180
Upside
+15.64%
Neal Dingmann
Truist Securities
Hold
2025-01-13
Price Target
$160 → $164
Upside
+5.36%
