Chevron's Q4 2025 Earnings: What to Expect

Core Viewpoint - Chevron Corporation is a major player in the global energy and chemicals sector, with a market capitalization of $306.9 billion, and operates through its Upstream and Downstream segments [1] Financial Performance - Chevron is expected to report an adjusted EPS of $1.54 for fiscal Q4 2025, reflecting a 25.2% decrease from $2.06 in the same quarter last year [2] - For the entire fiscal year 2025, analysts forecast an adjusted EPS of $7.34, indicating a nearly 27% decline from $10.05 in fiscal 2024 [3] Stock Performance - Over the past 52 weeks, Chevron's shares have increased by 6.5%, which is lower than the S&P 500 Index's gain of 16.4%, but slightly better than the State Street Energy Select Sector SPDR ETF's return of 5.8% [4] - On October 31, Chevron's shares rose by 2.7% after reporting Q3 2025 adjusted EPS of $1.85, surpassing consensus estimates due to record upstream production of 4,086 MBOE/d and strong downstream profits of $1.1 billion [5] Analyst Ratings - The consensus view on Chevron stock is cautiously optimistic, with a "Moderate Buy" rating. Among 26 analysts, 13 recommend a "Strong Buy," three suggest "Moderate Buys," nine give a "Hold" rating, and one has a "Strong Sell" [6] - The average analyst price target for Chevron is $169.59, indicating a potential upside of 11.3% from current levels [6]