What will Chevron stock be worth in 2030? (2024)

What will Chevron stock be worth in 2030?

On the other hand, if you're looking for a dividend-earning stock with solid growth potential in the long-term, Chevron could be a good addition to your portfolio. Keep in mind, it's always best to speak with a financial advisor before making any investment decisions.

Is Chevron a good long-term investment?

On the other hand, if you're looking for a dividend-earning stock with solid growth potential in the long-term, Chevron could be a good addition to your portfolio. Keep in mind, it's always best to speak with a financial advisor before making any investment decisions.

What will Chevron stock be worth in 5 years?

Chevron stock price stood at $157.57

According to the latest long-term forecast, Chevron price will hit $200 by the end of 2026 and then $250 by the end of 2028. Chevron will rise to $300 within the year of 2031 and $350 in 2034.

How high can Chevron stock go?

The average price target for Chevron Corp is $185.20. This is based on 16 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $204.00 ,the lowest forecast is $150.00. The average price target represents 17.54% Increase from the current price of $157.57.

What is the future for Chevron stock?

Future Growth

Chevron's revenue is forecast to decline at 0.8% per annum while its annual earnings are expected to grow at 2.2% per year. EPS is expected to grow by 5.1% per annum. Return on equity is forecast to be 15.1% in 3 years.

How much did Warren Buffett invest in Chevron?

Where Warren Buffett is investing. In the last quarter of 2023, Berkshire Hathaway has increased its stake in Chevron by 18% to more than $18 billion, according to Forbes. The holding company also grew its stake in Occidental Petroleum by almost 9% to about $14.5 million.

Does Warren Buffett own Chevron?

Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway has made a significant addition to its holdings in Chevron Corp (NYSE:CVX), underscoring the firm's confidence in the energy sector. On December 31, 2023, the firm increased its stake by 15,845,037 shares, resulting in a trade impact of 0.75% on the portfolio.

Is Chevron a buy hold or sell?

Is Chevron stock a Buy, Sell or Hold? Chevron stock has received a consensus rating of buy. The average rating score is Aa2 and is based on 53 buy ratings, 29 hold ratings, and 1 sell ratings.

What is the prediction for Chevron stock in 2025?

Chevron stock forecast for 2025: $ 164.34 (4.60%) Chevron stock prediction for 2030: $ 205.81 (31.00%)

Is Chevron over or undervalued?

Chevron Corporation - Hold

Valuation metrics show that Chevron Corporation may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of CVX, demonstrate its potential to outperform the market. It currently has a Growth Score of B.

Who is the largest shareholder of Chevron?

Chevron is not owned by hedge funds. The company's largest shareholder is The Vanguard Group, Inc., with ownership of 8.6%. The second and third largest shareholders are BlackRock, Inc. and State Street Global Advisors, Inc., with an equal amount of shares to their name at 6.6%.

Is Chevron stock going to split?

Chevron last completed a 2-for-1 stock split in 2004, but it has made no indication that it plans on splitting it again any time soon. With many brokers offering investors to acquire fractional shares of stocks, many companies are less inclined to offer stock splits.

How often does Chevron stock split?

Chevron stock (symbol: CVX) underwent a total of 4 stock splits. The most recent stock split occured on September 13th, 2004.

What is the outlook for Chevron in 2024?

For the 2024 year, both companies forecast nearly flat oil production compared to 2023 levels. CVX stock and XOM shares advanced early. Chevron reported Q4 EPS of $3.45 with revenue totaling $47.18 billion Friday morning. Analysts had predicted earnings of $3.19 per share and sales of $50.92 billion.

What country owns Chevron?

Chevron Corporation is an American multinational energy corporation predominantly specializing in oil and gas.

Does BlackRock own Chevron?

ownership in CVX / Chevron Corporation. 2024-01-26 - BlackRock Inc. has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 131,461,833 shares of Chevron Corporation (US:CVX). This represents 7.0 percent ownership of the company.

Why Buffett likes Chevron?

Chevron's ability to invest in its long-term growth, grow its dividend, and buy back a ton of stock when oil prices are around their current levels are key parts of the energy company's investment thesis and is likely a big reason why Berkshire likes the stock.

Why is Chevron stock falling?

Chevron went shopping as oil prices slumped

That was the first down year for oil since 2020. Falling oil prices cut into Chevron's earnings and cash flow. The oil company's adjusted earnings totaled $18.2 billion through the third quarter, a more than $10 billion decline from the year-ago period.

Who invests in Chevron?

institutional investors

These groups include: investment and asset management firms, mutual funds, brokerages, insurance companies, banks, pension funds, sovereign wealth funds and endowment funds.

Is Chevron a good buy right now?

Based on the views of 16 analysts, Chevron earned a “Strong Buy” rating at Tipranks.com, with 12 rating the stock a “buy” and four calling it a “hold.” Right now, Chevron is trading at just over $156. It has an average price target of nearly $182, with a high of $203 and a low of $148.

Why is Chevron a good stock to invest in?

Chevron offers a diversified business, strong finances, an attractive yield, and long dividend history. That's a lot to like. There are a lot of ways to invest in the energy sector, but one of the most attractive companies might be Chevron (CVX 1.36%).

Did Berkshire Hathaway buy Chevron?

Berkshire Hathaway bought 16 million shares of Chevron during the fourth quarter. That brought its total to 126 million shares worth over $19 billion. It makes Chevron its fifth-largest holding at 5.3% of its investment portfolio.

Is Exxon Mobil a buy or sell?

Exxon Mobil's analyst rating consensus is a Moderate Buy. This is based on the ratings of 17 Wall Streets Analysts.

Is Apple a buy or sell right now?

Apple stock has received a consensus rating of buy. The average rating score is Aaa and is based on 67 buy ratings, 30 hold ratings, and 2 sell ratings.

How many times a year does Chevron pay dividends?