Morgan Stanley lifts Chevron target to USD 226.00 for Chevron stock

Published on 10/19/2026 at 10:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley lifted Chevron's target to USD 226.00 from USD 218.00. Chevron stock costs EUR 199.65 on October 19, 2026. Q2 revenue was USD 67.20 billion.

Targets and quarterly results

Morgan Stanley lifted its Chevron target from USD 218.00 to USD 226.00 on October 15, 2026.
Chevron reported USD 67.20 billion in second-quarter revenue on July 31, 2026.
Chevron stock trades at EUR 199.65 at 10:08 a.m. CEST at Lang & Schwarz on October 19, 2026.

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Chevron stock (ISIN US1667641005) was trading at EUR 199.65 at Lang & Schwarz on October 19, 2026, at 10:08 a.m. CEST. Ground News reported that Morgan Stanley lifted its Chevron price target from USD 218.00 to USD 226.00 and kept an overweight rating in a research note dated October 15, 2026.

Three target moves set context

Chevron's recent record combines stronger quarterly figures with a changing analyst view. On July 31, 2026, Chevron reported quarterly earnings per share of USD 6.06 and revenue of USD 67.20 billion, compared with consensus revenue of USD 62.72 billion, according to MarketBeat.

On September 3, 2026, BMO Capital Markets raised its Chevron target from USD 210.00 to USD 235.00 and assigned an outperform rating, while Wells Fargo raised its target from USD 226.00 to USD 230.00, MarketBeat reported. On October 15, 2026, Morgan Stanley set its target at USD 226.00, down from BMO's higher September level but above Morgan Stanley's earlier USD 218.00 objective.

What does the target reset change?

The new Morgan Stanley target sits above MarketBeat's reported USD 213.42 consensus target, but the spread between those figures is narrower than BMO's USD 235.00 objective. That contrast puts the emphasis on whether Chevron can extend the earnings strength shown in the second quarter rather than rely only on a higher oil price.

Chevron price in euros

Chevron was trading at EUR 199.65 at Lang & Schwarz on October 19, 2026, at 10:08 a.m. CEST. The primary listing is on the NYSE, where the stock was last quoted at USD 224.98 on October 16, 2026, according to the market data timestamp.

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