UBS raises target for Chevron stock from USD 220.00 to USD 235.00

Published on 10/15/2026 at 10:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Chevron stock costs EUR 199.57 on October 15, 2026, 0.84 percent above the Xetra close. Q3 results are due before market open on October 30, 2026.

Leadership and earnings timeline

UBS lifted its Chevron target from USD 220.00 to USD 235.00 on October 8, 2026.
Chevron reported USD 67.20 billion in second-quarter revenue and USD 6.06 adjusted earnings per share.
Chevron stock trades at EUR 199.57 at 10:37 a.m. CEST at Lang & Schwarz on October 15, 2026, 0.84 percent above the Xetra close of October 14, 2026.
Chevron's third-quarter results are scheduled for October 30, 2026, before the US market opens.

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Chevron Corporation stock (ISIN US1667641005) was trading at EUR 199.57 at Lang & Schwarz on October 15, 2026, 10:37 a.m. CEST, up 0.84 percent versus the Xetra close of October 14, 2026 at EUR 197.90. The latest analyst move came from UBS, which raised its Chevron target from USD 220.00 to USD 235.00 on October 8, 2026, according to Markets Insider.

Target rises as leadership shifts

The UBS change puts the analyst target 5.63 percent above the euro reference price only as a cross-currency context cannot be calculated directly, so the two currencies remain separate. For investors, the more useful comparison is the target change itself: UBS lifted its dollar target by USD 15.00 while retaining a Buy rating, a dated view on Chevron's cash generation and 2027 outlook.

Chevron also announced a management reshuffle on October 5, 2026. Its release said Eimear Bonner will become president of Oil, Products and Gas, while Jeff Gustavson will become chief financial officer on January 1, 2027, as reported in the company's Chevron release.

What does the earnings setup mean?

Chevron's second-quarter 2026 revenue reached USD 67.20 billion and adjusted earnings per share reached USD 6.06, according to MarketBeat. The same page lists a third-quarter consensus of USD 60.05 billion in revenue and USD 4.81 in earnings per share, making the October report a test of whether the second-quarter surge can carry forward.

Three dated signals for Chevron

On October 5, 2026, Chevron announced leadership changes effective January 1, 2027. On October 7, 2026, it began shut-in procedures at four Gulf of Mexico facilities as Tropical Storm Isaias approached, according to Reuters. On October 8, 2026, UBS raised its target to USD 235.00 from USD 220.00.

Next date is October 30

Chevron's next substantiated reporting date is October 30, 2026. The company scheduled its third-quarter earnings conference call for 11:00 a.m. ET, according to its Chevron release.

Stock stays near its yearly high

On the NYSE, Chevron was last quoted at USD 222.12 on October 14, 2026 at 4:00 p.m. ET. Its USD 438.9 billion market capitalization and USD 146.49 to USD 222.55 52-week range place the latest US close near the top of its annual band.

Chevron stock was trading at EUR 199.57 at Lang & Schwarz on October 15, 2026 at 10:37 a.m. CEST, 0.84 percent above the Xetra close of October 14, 2026 at EUR 197.90. The further course of trading is shown by the continuously updated real-time quote of Chevron stock.