HSBC raises Chevron target to USD 250 for Chevron stock

Published on 10/01/2026 at 09:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 67.20 billion in the second quarter, up 57.40 percent year over year. Chevron stock costs EUR 179.81 on October 1, 2026 versus EUR 180.42.

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Chevron stock (ISIN US1667641005) was trading at EUR 179.81 at Lang & Schwarz on October 1, 2026 at 9:13 a.m. CEST, down 0.34 percent versus the prior close of EUR 180.42. According to Yahoo Finance on September 25, 2026, HSBC raised its Chevron price target from USD 218.00 to USD 250.00 and maintained its Buy rating.

HSBC lifts target to USD 250

The target increase of USD 32.00 gives HSBC's latest view a clear commodity-market anchor. Yahoo Finance identifies the average Chevron rating as overweight and the mean target as USD 224.33, although the article is based on a premium news item.

The broader analyst picture is positive but not uniform. MarketBeat says 20 analysts rate the stock Buy, five rate it Hold and one rates it Sell, producing a Moderate Buy consensus and an average target of USD 211.35.

Second-quarter revenue rose 57.40 percent

Chevron's latest reported quarter provides the fundamental support behind the upgraded estimates. MarketBeat reports adjusted earnings per share of USD 6.06 for the second quarter, above the USD 5.55 consensus estimate, while revenue reached USD 67.20 billion, up 57.40 percent from the same quarter a year earlier.

The company also paid a quarterly dividend of USD 1.78 on September 10, 2026, equivalent to an annualized USD 7.12 and a 3.50 percent yield, according to MarketBeat. That income component matters because the stock's valuation remains exposed to changes in crude prices and upstream earnings.

Stock remains below its yearly high

Chevron's primary listing is on the NYSE under ticker CVX. The stock was last quoted at USD 204.44 on the NYSE on September 30, 2026 at 4:00 p.m. EDT, while its 52-week range was USD 146.49 to USD 217.78 and its market capitalization was USD 407.2 billion.

The euro quotation therefore sits in a relatively narrow daily frame, while the fundamental comparison is more substantial: second-quarter revenue grew 57.40 percent year over year and adjusted earnings per share exceeded consensus by USD 0.51. For investors, the key balance is between stronger recent operating figures and the commodity sensitivity embedded in the analyst case.

Chevron stock trades at EUR 179.81

Chevron stock was trading at EUR 179.81 at Lang & Schwarz on October 1, 2026 at 9:13 a.m. CEST, down 0.34 percent versus the Lang & Schwarz prior close of EUR 180.42 on September 30, 2026. The further course of trading is shown by the continuously updated real-time quote of Chevron stock.