Analysts Stay Positive on Chevron (CVX) Despite Challenges

Chevron Corporation (NYSE:CVX) is 1 of the 12 Best American Energy Stocks to Buy Now. On January 14, Jefferies raised its terms people connected Chevron Corporation (NYSE:CVX) from $174 to $189 and maintained its Buy standing connected the stock, up of the company’s fourth-quarter net report, which is expected connected January 30.

The probe steadfast forecasts that Chevron Corporation (NYSE:CVX) volition study adjusted net per stock of $1.45, oregon astir 2% supra Wall Street’s expectations. According to Jefferies, investors are expected to absorption connected topics similar developments successful Venezuela, accumulation astatine TCO, an update connected the El Segundo fire, and the company’s gas-to-AI outlook.

Photo by Luis Ramirez connected Unsplash

On January 7, BMO Capital reaffirmed its Outperform standing connected Chevron Corporation (NYSE:CVX) with a terms people of $170 connected the stock. The probe steadfast highlighted known challenges affecting the company, including problems astatine its TCO and El Segundo facilities and little crude prices that whitethorn wounded the company’s quarterly results.

Despite these headwinds, BMO Capital is inactive assured astir Chevron Corporation’s (NYSE:CVX) longer-term prospects. The steadfast besides pointed to the company’s enhanced portfolio aft it acquired Hess successful 2025.

Chevron Corporation (NYSE:CVX) is simply a large American vigor institution that produces crude lipid and earthy gas. It besides manufactures proscription fuels, lubricants, petrochemicals, and additives.

While we admit the imaginable of CVX arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.