Exxon Mobil (NYSE:XOM) Price Target Raised to $185.00

Exxon Mobil (NYSE:XOM) had its target price hoisted by analysts at Wells Fargo & Company to $185.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the oil and gas company’s stock. Wells Fargo & Company‘s price target indicates a potential upside of 17.01% from the company’s current price.

A number of other research analysts have also recently commented on XOM. Jefferies Financial Group increased their price target on Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Zacks Research upgraded Exxon Mobil from a “strong sell” rating to a “hold” rating in a research note on Friday, January 30th. BNP Paribas Exane lowered shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 target price on the stock. in a report on Tuesday, February 3rd. Bank of America boosted their target price on shares of Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a report on Monday, March 2nd. Finally, Citigroup boosted their target price on shares of Exxon Mobil from $150.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, April 2nd. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Exxon Mobil presently has a consensus rating of “Moderate Buy” and an average target price of $153.95.

Exxon Mobil Price Performance

Shares of NYSE:XOM opened at $158.10 on Thursday. The company has a market cap of $658.77 billion, a price-to-earnings ratio of 23.63, a PEG ratio of 1.11 and a beta of 0.29. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The firm has a 50 day simple moving average of $154.00 and a 200 day simple moving average of $130.93. Exxon Mobil has a one year low of $97.80 and a one year high of $176.41.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business had revenue of $80.04 billion during the quarter, compared to the consensus estimate of $77.98 billion. During the same quarter in the prior year, the firm earned $1.67 EPS. The firm’s revenue was down 1.3% compared to the same quarter last year. Research analysts predict that Exxon Mobil will post 7.43 earnings per share for the current fiscal year.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 1,080 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $155.50, for a total value of $167,940.00. Following the sale, the vice president directly owned 17,124 shares of the company’s stock, valued at approximately $2,662,782. This represents a 5.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last 90 days, insiders have sold 11,460 shares of company stock valued at $1,687,854. Corporate insiders own 0.03% of the company’s stock.

Institutional Investors Weigh In On Exxon Mobil

Institutional investors have recently modified their holdings of the company. Maryland State Retirement & Pension System increased its stake in shares of Exxon Mobil by 2.6% in the third quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock worth $24,342,000 after purchasing an additional 5,573 shares in the last quarter. Capital Investment Advisors LLC boosted its holdings in Exxon Mobil by 6.6% in the 4th quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company’s stock worth $27,857,000 after buying an additional 14,233 shares during the period. U.S. Capital Wealth Advisors LLC boosted its holdings in Exxon Mobil by 3.3% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock worth $34,576,000 after buying an additional 9,831 shares during the period. HORAN Wealth LLC boosted its holdings in Exxon Mobil by 78.3% in the 3rd quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock worth $1,486,000 after buying an additional 5,788 shares during the period. Finally, New Age Alpha Advisors LLC boosted its holdings in Exxon Mobil by 5.6% in the 3rd quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock worth $18,778,000 after buying an additional 8,853 shares during the period. 61.80% of the stock is owned by institutional investors.

Key Headlines Impacting Exxon Mobil

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.