Chevron (CVX, Integrated Oil & Gas) Stock Valuation & Fair Value Weak on forward returns
Chevron (CVX, Integrated Oil & Gas) trades at a blended P/E of 14.2, about 2% below its historical normal valuation, with a forward growth estimate of -6.3%. Priced at its historical normal P/E of 14.5 on the same blended earnings, the 2026-10-02 close of $206.69 corresponds to about $211 a share. This is a valuation reference, not a price target.
- Price $211.55 at the 2026-10-08 close, 1.8% above the 20-day average ($207.89) and 4.0% above the 50-day ($203.41).
- RSI (14) at 59.6.
- 52-week range $142.76 to $217.77: the price is 2.9% below the high and 48.2% above the low.
- At its last earnings report the options market priced a 4.5% move.
The Street vs SeerForecast
Wall Street's mean price target for CVX is $224.62 across 24 analysts, 6.2% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: weak on forward returns. When the two disagree, start your digging there.
Valuation flags
- Negative growth forecast
- Misses analyst estimates often (73%)
Verdict history
tickerseer's rating has not changed since 2026-06-10, but its reason has: it read trading above its usual valuation then and reads weak on forward returns now.
Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.
Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.
Show all 36 weeks
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 14.2 versus its historical normal P/E of 14.5, Chevron trades about 2% below its typical valuation. tickerseer currently rates it weak on forward returns.
What is Chevron's fair value and PEG?
Chevron trades at a blended P/E of 14.2 against a historical normal P/E of 14.5, a forward growth estimate of -6.3%. Priced at its historical normal P/E of 14.5 on the same blended earnings, the 2026-10-02 close of $206.69 corresponds to about $211 a share. This is a valuation reference, not a price target.
Has tickerseer's rating of Chevron changed?
tickerseer's rating has not changed since 2026-06-10, but its reason has: it read trading above its usual valuation then and reads weak on forward returns now.
What is the analyst price target for Chevron?
The mean Wall Street price target for Chevron is $224.62 across 24 analysts, 6.2% 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.
Get the free weekly earnings preview
One email each Monday with the week's named earnings setups, the reasoning, and what settled last week. Strikes and sizing stay in Premium.
It's free, and you can unsubscribe any time. We also send a short product update once a month. Educational content, not investment advice.