# Chevron (CVX) is down 1.49% to $187.52 at the time of publication on Friday.

*business · news · 2026-04-10 · Benzinga*

## Key points

- Jayaram raised Chevron's price target from $181 to $216, citing restored profit drivers.
- Chevron's Q1 earnings are expected at $0.96 per share, far below Street's $2.04 estimate.
- A $3.2 billion LIFO inventory headwind will reverse into a tailwind in future quarters.
- 2026 and 2027 earnings estimates were raised to $15.44 and $11.84 per share, respectively.
- Chevron is less exposed to Iran war risks compared to its peers, according to Jayaram.

**Companies:** Chevron
**Countries:** Iran

[Read the full story on Benzinga](https://www.benzinga.com/analyst-stock-ratings/price-target/26/04/51759705/chevron-q1-likely-noisy-earnings-headwinds-reverse-tailwinds-q2)

---

Canonical: https://newsio.io/n/2c46a921-517e-492d-afe8-bd297fb5843d/chevron-cvx-is-down-1-49-to-187-52-at-the-time-of-publication-on-friday
Summarized by Newsio from Benzinga. https://newsio.io/how-it-works