Chevron stock rises on higher oil and fresh analyst targets

Published on 09/11/2026 at 14:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Chevron stock closed at USD 213.36 on September 10, 2026, near its 52-week high of USD 217.68. Wells Fargo lifted its target to USD 230.00 on September 3, 2026.

Photorealistic offshore oil drilling platform in the Pacific Ocean at dusk, dramatic storm clouds illuminated by orange and purple twilight, platform lights reflecting on dark choppy water — Chevron Corporation US1667641005 betreibt Offshore-Ölplattformen im Pazifik bei dramatischer Abenddämmerung mit Sturmwolken, Illustration mit AI erstellt.

Chevron stock (ISIN US1667641005) closed at USD 213.36 on September 10, 2026, leaving it just 2.0 percent below the 52-week high of USD 217.68 and well above the 52-week low of USD 146.49. Market cap stood at USD 421.55 billion, with volume at 4.55 million shares, according to Robinhood.

Oil and targets lift sentiment

As MarketBeat reported on September 11, 2026, Wells Fargo raised its price objective on Chevron from USD 226.00 to USD 230.00 and kept an overweight rating. The same report also said Barclays cut its target to USD 208.00 from USD 216.00, showing that analyst views remain split.

Nemo Money said on September 10, 2026, that Chevron and other energy stocks climbed to 52-week highs on September 9 after Brent crude settled above USD 101 a barrel. That move matters for Chevron because the stock is still trading only 2.0 percent below its own peak on the same market snapshot.

Quarterly numbers stay strong

Chevron's second-quarter earnings report, as summarized by Yahoo Finance on September 11, 2026, showed revenue and other income of USD 70.06 billion, net income of USD 12.1 billion and adjusted EPS of USD 6.06. MarketBeat separately said Chevron reported USD 6.06 EPS for the quarter, beating the consensus estimate of USD 5.55 by USD 0.51, with revenue of USD 67.20 billion, up 57.4 percent year over year.

For investors, the comparison is the key point: USD 6.06 EPS versus USD 1.77 a year earlier and a revenue gain of 57.4 percent underline how sharply the second quarter improved. Chevron also posted a net margin of 9.57 percent and return on equity of 11.09 percent in that quarter.

Dividend and next dates

MarketBeat said on September 11, 2026, that Chevron's quarterly dividend was paid on September 10, 2026, to holders of record as of August 19, 2026. Yahoo Finance's earnings calendar on September 11, 2026, shows a broad September 11 window for company results, while Chevron's next reporting date was not visible in the search hits.