RBC Capital Maintains Outperform on CVX with $220 Price Target After Q1
RBC Capital set a $220 price target on Chevron after Q1 results, while UBS stays bullish too — here's what analysts see for CVX investors.
Chevron Corporation (NYSE: CVX) is an energy company, listed on the NYSE. Alpha Stocks Insight has published 7 articles on CVX since May 1, 2026, most recently "Chevron (NYSE: CVX) Posts 385% Net Income Jump in Q2 2026 on Production Records and Higher Oil Prices" on Friday, July 31, 2026. Coverage to date spans Energy and Earnings Report, tracking CVX's earnings, analyst activity, and material corporate events. New coverage is added each trading day.
Price
$213.38
Today
-0.20%
Mkt Cap
$422.4B
P/E
20.4x
52W High
$214.71
52W Low
$146.49
Data via Finnhub · refreshes hourly · not financial advice
Adjusted EPS of $6.06 beat the $5.62 consensus, while net income hit $12.1B as Brent averaged $104/bbl and production rose 20% year over year.
RBC Capital set a $220 price target on Chevron after Q1 results, while UBS stays bullish too — here's what analysts see for CVX investors.
Morgan Stanley raised its Chevron price target by $2, signalling improved outlook despite modest oil-price pressures—what the analyst shift means for CVX.
Chevron stock slips as earnings contraction and modest revenue growth highlight sector challenges in the energy market.
Chevron shares slip 1.39% after EPS plunged 44.4% year-over-year, but negotiations for an Iraqi oilfield stake signal long-term growth potential.
Chevron reported Q1 2026 adjusted EPS of $1.41, topping consensus as production volumes rose. Shares slipped 1.39% to $190.63 amid broader energy sector weakness.
Chevron beat Wall Street's EPS forecast by 48% in Q1 2026, but net income dropped to $2.2B amid derivative charges and lower year-over-year revenue.
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Important Legal Disclaimer: This is for informational purposes only and is not financial, investment, or tax advice. Past performance is no guarantee of future results. We are not licensed advisors. For Swiss residents: This does not constitute a public offer under FINSA. For EU residents: Not MiFID II compliant advice. For US residents: Not SEC-registered advice. Always consult a qualified professional. Investing involves risk of loss.