Goldman raises target for Chevron stock to USD 241.00

Published on 10/26/2026 at 16:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Chevron posted USD 67.20 billion revenue in Q2 2026. Chevron stock costs EUR 207.93 at Lang & Schwarz on October 26, 2026 at 4:31 p.m. CEST.

Analyst target and results

Goldman Sachs raised its Chevron target to USD 241.00 from USD 228.00 on October 20, 2026.
Chevron reported USD 67.20 billion in second-quarter 2026 revenue against USD 62.72 billion consensus.
Chevron stock costs EUR 207.93 at Lang & Schwarz on October 26, 2026 at 4:31 p.m. CEST.
Erste Group lifted its fiscal-year 2026 earnings forecast to USD 17.63 per share from USD 16.90.

Chevron, US1667641005, Illustration mit AI erstellt.

Chevron Corporation (ISIN US1667641005) has a USD 241.00 Goldman Sachs price target after the bank raised its view from USD 228.00 on October 20, 2026. According to Investing.com, the new target is 3.71 percent above Chevron's USD 232.38 primary-market price on October 26, 2026. At Lang & Schwarz, Chevron was trading at EUR 207.93 on October 26, 2026 at 4:31 p.m. CEST.

Forecasts move above prior view

Erste Group Bank raised its fiscal-year 2026 earnings forecast for Chevron to USD 17.63 per share from USD 16.90 in a note issued on October 21, 2026. The revised estimate remains below the USD 18.12 consensus forecast. MarketBeat reported both figures and identified Erste Group Bank as the analyst behind the change.

Second-quarter results set the baseline

Chevron reported USD 67.20 billion in revenue for the second quarter of 2026, compared with USD 62.72 billion consensus. Adjusted earnings per share reached USD 6.06, beating the USD 5.55 consensus by USD 0.51. Revenue increased 57.40 percent from the same quarter a year earlier, according to MarketBeat.

Stock stays near its annual high

Chevron's primary-market quote stood at USD 232.38 on October 26, 2026 at 11:33 a.m. ET, while its 52-week range was USD 146.49 to USD 234.08. The current price is 0.73 percent below the 52-week high. The company's market capitalization was USD 459.1 billion on October 26, 2026.

Valuation and shareholder returns

Chevron had a price-to-earnings ratio of 21.73 on October 23, 2026. The company paid a quarterly dividend of USD 1.78 on September 10, 2026, equivalent to an annualized USD 7.12 and a 3.10 percent yield, according to MarketBeat.

What matters for the next report

The figures put the analyst debate in a narrow band: Goldman Sachs sees USD 241.00, while the broader consensus cited by MarketBeat remains USD 213.96. Commodity prices, refining margins and operational execution were identified as risks to the Goldman Sachs outlook.

Chevron stock price in euros

For German investors, the key figure is the intraday euro quote rather than the primary-market dollar price. Chevron was trading at EUR 207.93 at Lang & Schwarz on October 26, 2026 at 4:31 p.m. CEST.

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