Brokers Issue Forecasts for ExxonMobil FY2026 Earnings

ExxonMobil Corporation (NYSE:XOM) – Erste Group Bank increased their FY2026 earnings estimates for shares of ExxonMobil in a report released on Thursday, October 8th. Erste Group Bank analyst H. Engel now expects that the oil and gas company will post earnings of $12.56 per share for the year, up from their previous estimate of $11.60. The consensus estimate for ExxonMobil’s current full-year earnings is $12.40 per share. Erste Group Bank also issued estimates for ExxonMobil’s FY2027 earnings at $11.12 EPS.

XOM has been the topic of a number of other research reports. Royal Bank Of Canada reiterated a “sector perform” rating and set a $180.00 target price (up from $160.00) on shares of ExxonMobil in a research note on Monday, September 21st. Piper Sandler lifted their price target on ExxonMobil from $158.00 to $185.00 and gave the stock a “neutral” rating in a report on Thursday, September 3rd. BMO Capital Markets boosted their price target on ExxonMobil from $160.00 to $170.00 and gave the company a “market perform” rating in a research note on Wednesday, August 12th. Jefferies Financial Group boosted their price target on ExxonMobil from $184.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, August 17th. Finally, Freedom Capital raised ExxonMobil from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. Eleven analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $164.78.

ExxonMobil Trading Up 1.2%

Shares of NYSE:XOM opened at $174.25 on Wednesday. ExxonMobil has a 12-month low of $110.39 and a 12-month high of $176.41. The stock has a market cap of $722.26 billion, a PE ratio of 22.43, a P/E/G ratio of 1.01 and a beta of 0.21. The business has a 50 day moving average of $162.41 and a 200-day moving average of $154.31. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.12.

ExxonMobil (NYSE:XOM) last released its quarterly earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share for the quarter, missing the consensus estimate of $3.56 by ($0.04). The company had revenue of $114.53 billion during the quarter, compared to the consensus estimate of $109.94 billion. ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. During the same period in the prior year, the company earned $1.64 earnings per share.

ExxonMobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 17th were issued a $1.03 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $4.12 dividend on an annualized basis and a yield of 2.4%. ExxonMobil’s payout ratio is currently 53.02%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Aventus Investment Advisors Inc. purchased a new position in shares of ExxonMobil during the 2nd quarter worth approximately $27,000. Portus Wealth Advisors LLC bought a new position in shares of ExxonMobil in the 1st quarter worth approximately $36,000. Atlantic Private Wealth LLC lifted its stake in shares of 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 purchasing an additional 202 shares during the period. Hyposwiss Advisors SA purchased a new stake in ExxonMobil in the fourth quarter worth $37,000. Finally, Financial Connections Group Inc. bought a new position in ExxonMobil in the first quarter worth $53,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Oil prices above $90 per barrel could support ExxonMobil’s earnings and cash flow, particularly through its low-cost Permian Basin and Guyana operations. Will Elevated Crude Prices Enhance ExxonMobil’s Cash Flows?
• Positive Sentiment: ExxonMobil posted adjusted second-quarter earnings of $14.7 billion, up from $8.8 billion in the first quarter, demonstrating its ability to benefit from disrupted energy markets and stronger commodity prices. ExxonMobil Trades at a Premium Yet Earnings Are Expected to Shrink
• Neutral Sentiment: Port Houston will present ExxonMobil with its annual Lone Star Award, recognizing the company’s longstanding partnership and importance to the Houston Ship Channel. The award supports ExxonMobil’s corporate reputation but has no direct financial impact. ExxonMobil to Receive Port Houston’s Lone Star Award
• Negative Sentiment: Analysts note that ExxonMobil trades at a premium while earnings are expected to decline from elevated levels, raising the risk that the stock’s valuation may become harder to justify if oil prices weaken. ExxonMobil Trades at a Premium Yet Earnings Are Expected to Shrink
• Negative Sentiment: Guyana may scale back LNG plans because ExxonMobil needs more gas for its oil wells. While prioritizing oil production could benefit near-term output, a smaller LNG project would reduce a potential future growth opportunity. Guyana May Scale Back LNG Plans
• Negative Sentiment: Sliding crude prices and a reported 61% quarterly decline in free cash flow are increasing scrutiny of ExxonMobil’s ability to maintain its 43-year record of annual dividend increases. Exxon’s Dividend Streak Faces a Test

ExxonMobil Company Profile

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.