ExxonMobil Corporation (NYSE:XOM) Stock Has Average Price Target of $167.30 According to Brokerages

Shares of ExxonMobil Corporation (NYSE:XOM) have been given an average rating of “Moderate Buy” by the twenty-five research firms that are currently covering the firm, Marketbeat reports. Thirteen analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $167.70.

A number of analysts recently issued reports on XOM shares. Jefferies Financial Group raised their price objective on shares of ExxonMobil from $184.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, August 17th. Morgan Stanley boosted their target price on shares of ExxonMobil from $177.00 to $185.00 and gave the company an “overweight” rating in a research note on Thursday, October 15th. Barclays boosted their target price on shares of ExxonMobil from $177.00 to $200.00 and gave the company an “overweight” rating in a research note on Monday, October 19th. The Goldman Sachs Group reissued a “neutral” rating and set a $178.00 target price on shares of ExxonMobil in a research report on Tuesday. Finally, Citigroup restated a “neutral” rating and set a $175.00 price target (up from $150.00) on shares of ExxonMobil in a research note on Wednesday, July 8th.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Upcoming earnings may provide support: Wall Street expects ExxonMobil to report year-over-year earnings growth next week, and Zacks says the company has factors that could support a potential earnings beat. Exxon Mobil Holdings Reports Next Week
• Positive Sentiment: Analyst estimates moved higher: Erste Group raised its FY2027 EPS forecast to $11.81 from $11.12, signaling improving expectations for ExxonMobil’s future earnings power. ExxonMobil analyst estimate report
• Positive Sentiment: Oil prices and upstream assets remain favorable: ExxonMobil’s low-cost Permian and Guyana operations are viewed as supporting production growth toward its 2030 ambitions. Higher crude prices, including Brent above $100 per barrel after Middle East attacks, have helped drive the stock’s recent gains. ExxonMobil long-term upstream production
• Positive Sentiment: Dividend and balance-sheet appeal: ExxonMobil is highlighted among mega-cap companies with a long record of raising payouts through different economic and interest-rate environments. Analysts also cite its stronger balance sheet relative to BP, while momentum-focused coverage points to continued investor interest. Dividend stocks with long payout records
• Neutral Sentiment: Valuation and relative-performance debate: ExxonMobil has substantially outperformed this year and compares favorably with BP on gains and financial strength, but analysts give Chevron an edge for further upside based on free cash flow, cost savings and projected 2026 earnings growth. Chevron versus ExxonMobil
• Negative Sentiment: Illinois refinery disruption: An issue at ExxonMobil’s Joliet refinery is contributing to higher gasoline prices in the Chicago area and could pressure near-term refinery operations, although the wider market impact remains uncertain. Midwest pump prices surge after Illinois refinery disruption

ExxonMobil Trading Up 2.8%

Shares of ExxonMobil stock opened at $183.23 on Tuesday. ExxonMobil has a 1 year low of $112.51 and a 1 year high of $183.75. The firm has a market cap of $759.46 billion, a PE ratio of 23.58, a P/E/G ratio of 0.92 and a beta of 0.21. The stock has a fifty day moving average price of $165.80 and a 200-day moving average price of $155.09. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 0.85.

ExxonMobil (NYSE:XOM) last released its earnings results on Friday, July 31st. The oil and gas company reported $3.52 EPS for the quarter, missing analysts’ consensus estimates of $3.56 by ($0.04). The business had revenue of $114.53 billion for the quarter, compared to the consensus estimate of $109.94 billion. ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. During the same quarter in the previous year, the firm earned $1.64 earnings per share. Equities research analysts anticipate that ExxonMobil will post 13.63 EPS for the current year.

ExxonMobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 17th were paid a $1.03 dividend. The ex-dividend date was Monday, August 17th. This represents a $4.12 annualized dividend and a yield of 2.2%. ExxonMobil’s dividend payout ratio is presently 53.02%.

Hedge Funds Weigh In On ExxonMobil

Institutional investors and hedge funds have recently bought and sold shares of the company. NBT Bank N.A. bought a new position in shares of ExxonMobil during the 3rd quarter worth $26,000. Aventus Investment Advisors Inc. purchased a new stake in ExxonMobil in the 2nd quarter worth about $27,000. Portus Wealth Advisors LLC bought a new stake in ExxonMobil in the 1st quarter valued at about $36,000. Atlantic Private Wealth LLC raised its stake in ExxonMobil by 776.9% in the 1st quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company’s stock valued at $39,000 after acquiring an additional 202 shares during the period. Finally, Sankala Group LLC bought a new stake in ExxonMobil in the 4th quarter valued at about $46,000. 61.80% of the stock is owned by institutional investors.

ExxonMobil Company Profile

Exxon Mobil Corporation, doing business as ExxonMobil (NYSE:XOM), is an integrated energy company engaged in the exploration, development, production, and sale of crude oil and natural gas. Its operations span the energy value chain, from resource development and refining to the marketing and distribution of fuels and other energy products.

Through its Energy Products segment, ExxonMobil manufactures and markets transportation fuels, lubricants, and other petroleum-based products. Its Chemical Products business produces petrochemicals, including commodity and performance products used in packaging, automotive components, construction materials, and consumer goods.