ExxonMobil (NYSE:XOM) Stock Gets Price Target Bump from Morgan Stanley

ExxonMobil (NYSE:XOM – Get Free Report) had its target price lifted by investment analysts at Morgan Stanley from $177.00 to $185.00 in a report issued on Thursday, Benzinga reports. The brokerage currently has an “overweight” rating on the oil and gas company’s stock. Morgan Stanley’s price objective would indicate a potential upside of 5.90% from the stock’s current price.

Several other equities analysts also recently issued reports on the stock. Weiss Ratings raised shares of ExxonMobil from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, September 29th. Mizuho decreased their target price on shares of ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a research report on Thursday, July 9th. Citigroup reaffirmed a “neutral” rating and issued a $175.00 target price (up from $150.00) on shares of ExxonMobil in a research note on Wednesday, July 8th. TD Cowen boosted their price target on ExxonMobil from $168.00 to $180.00 and gave the company a “buy” rating in a report on Monday, September 28th. Finally, HSBC reiterated a “hold” rating and issued a $90.00 price target on shares of ExxonMobil in a report on Friday, September 25th. Eleven equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $165.13.

Get Our Latest Analysis on XOM

ExxonMobil Trading Down 1.3%

NYSE:XOM traded down $2.32 on Thursday, reaching $174.69. The stock had a trading volume of 4,867,010 shares, compared to its average volume of 17,951,621. ExxonMobil has a 12-month low of $110.39 and a 12-month high of $178.69. The company has a market cap of $724.09 billion, a price-to-earnings ratio of 22.50, a P/E/G ratio of 1.01 and a beta of 0.21. The firm’s fifty day moving average is $162.92 and its two-hundred day moving average is $154.39. 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 – Get Free Report) last issued its quarterly 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 firm had revenue of $114.53 billion for the quarter, compared to analysts’ expectations of $109.94 billion. ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. During the same quarter last year, the firm earned $1.64 earnings per share. Equities analysts expect that ExxonMobil will post 12.52 EPS for the current fiscal year.

Institutional Investors Weigh In On ExxonMobil

A number of institutional investors have recently bought and sold shares of XOM. GQG Partners LLC lifted its position in shares of ExxonMobil by 153.3% during the second quarter. GQG Partners LLC now owns 16,877,523 shares of the oil and gas company’s stock worth $2,307,497,000 after purchasing an additional 10,214,420 shares in the last quarter. Quantum Portfolio Management LLC acquired a new position in ExxonMobil during the 1st quarter worth $965,932,000. Arrowstreet Capital Limited Partnership acquired a new position in ExxonMobil during the 1st quarter worth $766,345,000. Diamant Asset Management Inc. increased its position in shares of ExxonMobil by 17,312.4% in the 1st quarter. Diamant Asset Management Inc. now owns 2,183,864 shares of the oil and gas company’s stock worth $370,514,000 after purchasing an additional 2,171,322 shares during the last quarter. Finally, Employees Provident Fund Board bought a new stake in shares of ExxonMobil in the 4th quarter worth about $238,970,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

  • Positive Sentiment: Exxon’s integrated business, low-cost Permian and Guyana production, and strong balance sheet could help protect cash flow and the dividend even if oil prices fall toward $79 per barrel by 2027. Exxon’s Dividend Stays Safe Even if Oil Crashes to $79 a Barrel
  • Positive Sentiment: Zacks upgraded XOM to Rank #2, or Buy, citing improving earnings prospects. Erste Group also raised its FY2026 and FY2027 EPS forecasts, providing additional support for the bullish case. Exxon Rating Upgrade to Buy
  • Positive Sentiment: Exxon is pursuing another potential growth opportunity in Trinidad, seeking to replicate its Guyana success. Its existing operations remain profitable, while chemical earnings rebounded sharply in the latest quarter. Exxon Wants to Repeat Its Guyana Success in Trinidad
  • Neutral Sentiment: Exxon’s integrated model and higher-margin assets make it a relatively defensive energy investment. However, chemical profitability depends partly on North American feedstock advantages that could narrow. ExxonMobil Chemical Recovery
  • Negative Sentiment: Valuation is the main near-term pressure. Commentary argues that Exxon’s roughly 22-times earnings valuation—and approximately 29-times normalized P/E in one analysis—already reflects much of its operational quality and recent gains. ExxonMobil Valuation Analysis
  • Negative Sentiment: Oil-price sensitivity remains a risk: cash flow benefits significantly when crude exceeds $90 per barrel, while a potential decline toward $79 could reduce upstream earnings. Guyana may also scale back LNG plans as Exxon requires more gas for its wells, adding uncertainty around future growth. Guyana LNG Plans

About ExxonMobil

(Get Free Report)

Exxon Mobil Corporation, commonly known as ExxonMobil, is an integrated energy company engaged in the exploration, development, production and sale of crude oil and natural gas. The company also manufactures and markets fuels, lubricants, petrochemicals and specialty products used in transportation, industrial and consumer applications.

ExxonMobil operates across the energy value chain through businesses that include upstream oil and natural gas production, refining and fuels marketing, chemical manufacturing, and lower-carbon solutions.

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Analyst Recommendations for ExxonMobil (NYSE:XOM)

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