J.P. Morgan Sticks to Their Buy Rating for Chevron (CVX)

In a report released today, Arun Jayaram from J.P. Morgan maintained a Buy rating on Chevron, with a price target of $190.00.

TipRanks Welcomes a New ETF – NYSE:RANK

• TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
• RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.

Jayaram covers the Energy sector, focusing on stocks such as Exxon Mobil, Halliburton, and Baker Hughes Company. According to TipRanks, Jayaram has an average return of 9.4% and a 58.61% success rate on recommended stocks.

In addition to J.P. Morgan, Chevron also received a Buy from BMO Capital’s Phillip Jungwirth in a report issued yesterday. However, on the same day, Barclays maintained a Hold rating on Chevron (NYSE: CVX).

Based on Chevron’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $47.56 billion and a net profit of $2.21 billion. In comparison, last year the company earned a revenue of $46.1 billion and had a net profit of $3.5 billion

Based on the recent corporate insider activity of 100 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CVX in relation to earlier this year. Most recently, in May 2026, John Hess, a Director at CVX sold 380,000.00 shares for a total of $73,412,808.80.