Exxon Mobil (NYSE:XOM – Get Free Report) had its price target lifted by research analysts at Wells Fargo & Company to $185.00 in a report released on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the oil and gas company’s stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 17.01% from the stock’s previous close.
A number of other analysts have also recently commented on XOM. TD Cowen increased their price target on shares of Exxon Mobil from $135.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. Piper Sandler increased their price target on shares of Exxon Mobil from $145.00 to $186.00 and gave the company an “overweight” rating in a research note on Thursday, March 12th. Royal Bank Of Canada raised their target price on shares of Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a research note on Monday, February 2nd. HSBC raised their target price on shares of Exxon Mobil from $135.00 to $158.00 and gave the stock a “hold” rating in a research note on Friday, March 20th. Finally, BMO Capital Markets restated a “market perform” rating and set a $155.00 target price on shares of Exxon Mobil in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $153.95.
Read Our Latest Stock Analysis on XOM
Exxon Mobil Stock Performance
Exxon Mobil (NYSE:XOM – Get Free Report) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. The firm had revenue of $80.04 billion during the quarter, compared to analysts’ expectations of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The company’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.67 earnings per share. Research analysts forecast that Exxon Mobil will post 7.43 EPS for the current fiscal year.
Insider Buying and Selling
In related news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the transaction, the vice president directly owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 11,460 shares of company stock worth $1,687,854 over the last 90 days. 0.03% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Exxon Mobil
Hedge funds have recently bought and sold shares of the business. Berbice Capital Management LLC bought a new position in Exxon Mobil during the fourth quarter worth about $26,000. Midwest Capital Advisors LLC bought a new position in Exxon Mobil in the 4th quarter valued at about $27,000. E Fund Management Hong Kong Co. Ltd. increased its holdings in Exxon Mobil by 456.1% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock valued at $27,000 after buying an additional 187 shares during the period. Key Capital Management INC bought a new position in Exxon Mobil in the 4th quarter valued at about $28,000. Finally, Nvest Wealth Strategies Inc. bought a new position in Exxon Mobil in the 4th quarter valued at about $32,000. 61.80% of the stock is owned by institutional investors.
Exxon Mobil News Roundup
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Higher oil prices should boost near-term upstream earnings — Exxon signaled a potential Q1 upstream profit bump of up to $2.9 billion thanks to stronger commodity prices, which could offset some disruption-related hits. Read More.
- Positive Sentiment: Analysts raising medium-term earnings expectations — Erste Group recently upped FY2026/2027 EPS estimates, implying better forward fundamentals than the market may be pricing. Read More.
- Positive Sentiment: Sector structural tailwinds (LNG demand, improved margins) support longer‑term cash flow and dividend/share‑buyback capacity, giving a lift to integrated majors even if oil prices swing. Read More.
- Neutral Sentiment: Planned refinery overhauls at the Beaumont, Texas refinery — routine maintenance that can temporarily reduce throughput but is not a structural earnings change. Monitor timing and run-rate impacts. Read More.
- Neutral Sentiment: Analyst commentary is mixed: some firms maintain Buy ratings while trimming price targets, reflecting confidence in Exxon’s core business but finer debate over near-term risk and valuation. Read More.
- Negative Sentiment: Ceasefire news lowered crude prices and directly pressured XOM shares today — the market reacted to a two‑week suspension of attacks on Iran, which reduced the immediate oil risk premium. Read More.
- Negative Sentiment: Production and earnings disruptions from the Middle East conflict — Exxon reported roughly 6% of global output was knocked out in Q1 and warned of upstream/downstream hits; that raises near‑term earnings uncertainty despite higher prices. Read More.
- Negative Sentiment: Near-term technical and price‑target pressure — some analysts trimmed targets (Wolfe Research cut its target slightly) and the stock is testing its 50‑day moving average, which can exacerbate selling if breached. Read More. • Read More.
About Exxon Mobil
Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.
ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.
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