Goldman Sachs lifts target to USD 241.00: Chevron stock trades below it

Published on 10/27/2026 at 16:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Chevron reports third-quarter results on October 30, 2026. Chevron stock costs EUR 205.13 on October 27, 2026 at 4:41 p.m. CEST.

Target and reporting date

Goldman Sachs set a USD 241.00 target for Chevron on October 20, 2026.
Chevron is scheduled to report third-quarter results on October 30, 2026.
Chevron stock costs EUR 205.13 at Lang & Schwarz on October 27, 2026 at 4:41 p.m. CEST.

Chevron, US1667641005, Illustration mit AI erstellt.

Chevron Corporation (ISIN US1667641005) is approaching its October 30, 2026 earnings date with a USD 241.00 Goldman Sachs target in view. MarketScreener reported on October 20, 2026 that Goldman Sachs raised its target from USD 228.00 to USD 241.00 and maintained a Buy rating. That target is 5.40 percent above the USD 228.66 primary-market quote on October 27, 2026. Chevron stock was trading at EUR 205.13 at Lang & Schwarz on October 27, 2026 at 4:41 p.m. CEST.

Results arrive October 30

CNBC said on October 26, 2026 that Chevron will announce third-quarter results on October 30, 2026. The same preview cited a Goldman Sachs estimate of USD 4.95 adjusted earnings per share for the quarter, compared with consensus at USD 4.89.

Chevron's latest reported quarter was the second quarter of 2026. MarketBeat reported revenue of USD 67.20 billion, up 57.40 percent from the prior-year quarter, and earnings per share of USD 6.06 versus USD 1.77 a year earlier. The report also listed quarterly dividend payments of USD 1.78 per share.

How does the valuation compare?

Chevron's market capitalization was USD 451.8 billion on October 27, 2026, with a price-to-earnings ratio of 21.92. The 52-week range was USD 146.49 to USD 234.08, leaving the latest primary-market quote USD 5.42 below the high. Trading volume stood at 2,067,320 shares at the finance snapshot time.

The peer frame was also lower during the October 27 session. Exxon Mobil traded at USD 181.27, down 1.77 percent, with a price-to-earnings ratio of 23.32 and a market capitalization of USD 745.4 billion. ConocoPhillips traded at USD 148.78, down 1.73 percent, with a price-to-earnings ratio of 19.71 and a market capitalization of USD 178.7 billion.

What comes next for investors?

The October 30 report will put the USD 4.95 adjusted earnings-per-share estimate against Chevron's second-quarter result of USD 6.06. The company also enters the release with a USD 241.00 Goldman Sachs target and an annualized dividend of USD 7.12 per share, according to CNBC.

Chevron price in euros

Chevron's euro quotation stood at EUR 205.13 at Lang & Schwarz on October 27, 2026 at 4:41 p.m. CEST. The figure is below the day's USD 228.66 primary-market quote because the two prices use different currencies and venues.

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