Money
Price Prediction: How High Can Chevron Soar This Year?
— Ai Summary —
Chevron’s stock rally has investors wondering how high it can go this year. The shares hover around $188.35, up about 25.9% year-to-date and 42.9% over the past year, as Brent tightens the energy outlook. A 12-month target from 24/7 Wall St. sits at $161.96, implying roughly a 14% downside. The bull and bear cases hinge on oil prices and catalysts such as Hess synergies. In Q1 2026, Chevron posted an EPS beat of $1.41 on revenue of $47.56 billion, which missed expectations by about 9.8%. The report also notes a strong production lift, with Permian volumes above 1 million BOE/d and major offshore developments.
AI-generated summary • Source: 24/7 Wall St. • Read the full article for complete information.
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