Bank of America raises Chevron target to USD 252 for Chevron stock

Published on 10/27/2026 at 11:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bank of America raises target to USD 252.00 from USD 227.00 on October 23, 2026. Chevron stock costs EUR 208.20 on October 27, 2026 before October 30 results.

Analyst target and earnings date

Bank of America raised its Chevron target from USD 227.00 to USD 252.00 on October 23, 2026.
Chevron's second-quarter 2026 revenue reached USD 67.20 billion, while net income totaled USD 12.07 billion.
Chevron stock trades at EUR 208.20 at 11:35 a.m. CEST at Lang & Schwarz on October 27, 2026.
Chevron is scheduled to report third-quarter 2026 results on October 30, 2026.

Chevron, US1667641005, Illustration mit AI erstellt.

Chevron stock is quoted at EUR 208.20 at Lang & Schwarz on October 27, 2026 at 11:35 a.m. CEST, while Bank of America has lifted its price target from USD 227.00 to USD 252.00. MarketBeat reported the target change on October 23, 2026.

Target signals higher expectations

The higher target arrives before Chevron's scheduled third-quarter report. The company is due to publish those results on October 30, 2026, according to Simply Wall St.

Bank of America's move also contrasts with the latest consensus target of USD 213.96 cited by MarketBeat. That consensus figure is below the new USD 252.00 target, making the upcoming earnings release an important test of the more optimistic view.

What does the target mean?

The target increase places greater weight on Chevron's ability to repeat its second-quarter operating strength. For the second quarter of 2026, Chevron reported revenue of USD 67.20 billion and adjusted earnings of USD 6.06 per share, compared with USD 5.55 expected, according to MarketBeat. Revenue increased 57.4 percent from the prior-year quarter.

Three dated Chevron developments

On July 31, 2026, Chevron reported second-quarter net income of USD 12.07 billion, compared with USD 2.49 billion a year earlier, while adjusted earnings reached USD 11.98 billion, as reported by Rio Times. On October 23, 2026, MarketBeat reported Bank of America's target increase from USD 227.00 to USD 252.00. On October 30, 2026, Chevron is scheduled to report its third-quarter results.

Upcoming date for investors

The next substantiated company date is October 30, 2026, the reporting date for third-quarter results. The release will provide the next comparison with the second-quarter revenue of USD 67.20 billion and adjusted earnings of USD 6.06 per share.

Chevron stock stays tied to earnings

The current setup combines a higher analyst target with a near-term earnings test. Chevron's second-quarter cash flow from operations was USD 22.63 billion, according to the latest standardized financial statement data for the period ended June 30, 2026.

Chevron stock was trading at EUR 208.20 at Lang & Schwarz on October 27, 2026 at 11:35 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Chevron stock.