From Nasdaq: 2025-06-09 06:11:00

Chevron Corp. (CVX) faces declining earnings due to low crude oil prices, expecting a third consecutive year of decreases. With a market cap of $244.9 billion, Chevron produces various energy products and is exploring new ventures in renewable fuels and hydrogen. Despite beating estimates in Q1 2025, analysts remain bearish on Chevron’s future earnings. The company returned $6.9 billion to shareholders in Q1 through dividends and share repurchases, with a dividend yield of 4.9%. While Chevron’s stock has only decreased by 4.4% this year, it is not considered cheap based on its P/E ratio of 20.4. Investors are advised to wait for potential price drops or improved earnings before making decisions. Zacks has identified a top semiconductor stock positioned for growth in the AI and IoT industries, with significant potential compared to industry giants like NVIDIA. Semiconductor manufacturing is expected to grow from $452 billion in 2021 to $803 billion by 2028.



Read more at Nasdaq: Bear of the Day: Chevron (CVX)