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Bernstein Keeps Their Hold Rating on Chevron (CVX)

Tipranks - Tue Aug 4, 8:38AM CDT

Bernstein analyst Bob Brackett reiterated a Hold rating on Chevron today and set a price target of $209.00.

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According to TipRanks, Brackett is a 5-star analyst with an average return of 16.4% and a 60.76% success rate. Brackett covers the Energy sector, focusing on stocks such as Chevron, Exxon Mobil, and APA.

In addition to Bernstein, Chevron also received a Hold from Barclays’s Betty Jiang in a report issued today. However, on the same day, Morgan Stanley assigned a Buy rating to Chevron (NYSE: CVX).

Based on Chevron’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $67.2 billion and a net profit of $12.07 billion. In comparison, last year the company earned a revenue of $44.38 billion and had a net profit of $2.49 billion

Based on the recent corporate insider activity of 93 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.

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