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Chevron (CVX, Integrated Oil & Gas) Stock Valuation & Fair Value Significantly overvalued

Chevron (CVX, Integrated Oil & Gas) trades at a blended P/E of 16.1, about 11% above its historical normal valuation, with a forward growth estimate of 0.1% and a PEG of 123.77.

DATA AS OF 2026-08-21
Blended P/E
16.1
Normal P/E
14.5
PEG
123.77
Fwd growth
0.1%
Div yield
3.5%
RSI (14)
69.4
Neutral

The Street vs SeerForecast

Wall Street's mean price target for CVX is $216.83 across 24 analysts, 5.6% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: significantly overvalued. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from fairly valued (2026-06-03) to significantly overvalued (2026-08-21).

Price and rating by weekClose moved +5.4 percent from 2026-06-03 to 2026-08-17, with 5 rating changes over 21 recorded weeks.2026-06-03: Fairly valued, close 189.71 (recalculated)2026-06-10: Trading above fair value, close 189.80 (recalculated)2026-06-14: Trading above fair value, close 187.22 (recalculated)2026-06-16: Trading above fair value, close 180.11 (recalculated)2026-06-21: Trading above fair value, close 173.63 (recalculated)2026-07-02: Fairly valued, close 169.20 (recalculated)2026-07-06: Fairly valued, close 168.10 (recalculated)2026-07-09: Fairly valued, close 174.05 (recalculated)2026-07-12: Fairly valued, close 176.40 (recalculated)2026-07-13: Fairly valued, close 182.20 (recalculated)2026-07-14: Fairly valued, close 181.76 (recalculated)2026-07-20: Fairly valued, close 189.71 (recalculated)2026-07-22: Fairly valued, close 192.98 (recalculated)2026-07-25: Fairly valued, close 194.79 (recalculated)2026-07-27: Fairly valued, close 190.00 (recalculated)2026-07-31: Trading above fair value, close 196.83 (recalculated)2026-08-03: Fairly valued, close 196.832026-08-07: Fairly valued, close 186.56 (recalculated)2026-08-10: Fairly valued, close 186.562026-08-14: Trading above fair value, close 200.00 (recalculated)2026-08-17: Trading above fair value, close 200.001902002026-06-032026-08-17
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

2026-06-03P/E 0.0—Fairly valued
2026-06-10P/E 17.9+23%Trading above fair value
2026-06-14P/E 17.9+23%Trading above fair value
2026-06-16P/E 17.9+23%Trading above fair value
2026-06-21P/E 17.9+23%Trading above fair value
2026-07-02P/E 15.5+7%Fairly valued
2026-07-06P/E 15.8+9%Fairly valued
2026-07-09P/E 15.8+9%Fairly valued
2026-07-12P/E 16.0+10%Fairly valued
2026-07-13P/E 16.0+10%Fairly valued
2026-07-14P/E 16.0+10%Fairly valued
2026-07-20P/E 16.8+16%Fairly valued
2026-07-22P/E 16.8+16%Fairly valued
2026-07-25P/E 17.1+18%Fairly valued
2026-07-27P/E 17.1+18%Fairly valued
2026-07-31P/E 16.7+15%Trading above fair value
2026-08-03P/E 16.7+15%Fairly valued
2026-08-07P/E 15.7+8%Fairly valued
2026-08-10P/E 15.4+6%Fairly valued
2026-08-14P/E 16.1+10%Trading above fair value
2026-08-17P/E 16.2+11%Trading above fair value
2026-08-21P/E 16.1+11%Significantly overvalued ← now

Earnings moves: CVX moved more than the options market implied in 0 of 1 recent tracked reports.

Frequently asked questions

Is Chevron stock overvalued?

At a blended P/E of 16.1 versus its historical normal P/E of 14.5, Chevron trades about 11% above its typical valuation, with a PEG of 123.77 on 0.1% forward growth. tickerseer currently rates it significantly overvalued.

What is Chevron's fair value and PEG?

Chevron trades at a blended P/E of 16.1 against a historical normal P/E of 14.5, a PEG of 123.77, and a forward growth estimate of 0.1%.

Has tickerseer's rating of Chevron changed?

tickerseer's rating moved from fairly valued (2026-06-03) to significantly overvalued (2026-08-21).

What is the analyst price target for Chevron?

The mean Wall Street price target for Chevron is $216.83 across 24 analysts, 5.6% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Integrated Oil & Gas. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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