Exxon Mobil Corporation (XOM)
NYSE: XOM · IEX Real-Time Price · USD
122.20
+1.02 (0.84%)
At close: Apr 10, 2024, 4:01 PM
122.35
+0.15 (0.12%)
After-hours: Apr 10, 2024, 7:59 PM EDT
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Exxon Mobil stock have an average target of 130.76, with a low estimate of 110 and a high estimate of 147. The average target predicts an increase of 7.00% from the current stock price of 122.20.
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $110 | $130.76 | $130 | $147 |
| Change | -9.98% | +7.00% | +6.38% | +20.29% |
Analyst Ratings
The average analyst rating for Exxon Mobil stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 5 | 5 | 6 |
| Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Hold | 7 | 8 | 7 | 7 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 20 | 21 | 20 | 18 | 18 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Initiates $147 | Buy | Initiates | $147 | +20.29% | Apr 10, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $140 → $146 | Strong Buy | Maintains | $140 → $146 | +19.48% | Apr 5, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $126 → $138 | Buy | Maintains | $126 → $138 | +12.93% | Apr 4, 2024 |
| Mizuho | Mizuho | Hold Reiterates $125 | Hold | Reiterates | $125 | +2.29% | Apr 4, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $115 → $120 | Strong Buy | Maintains | $115 → $120 | -1.80% | Apr 1, 2024 |
Financial Forecast
Revenue This Year
Decreased by -2.22%
from 344.58B
Revenue Next Year
338.64B
from 336.94B
Increased by 0.51%
from 336.94B
EPS This Year
9.26
from 8.89
Increased by 4.13%
from 8.89
EPS Next Year
9.85
from 9.26
Increased by 6.41%
from 9.26
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 264.94B | 181.50B | 285.64B | 413.68B | 344.58B | 336.94B | 338.64B | 321.19B | 213.60B | - |
| Revenue Growth | -8.71% | -31.49% | 57.38% | 44.83% | -16.70% | -2.22% | 0.51% | -5.15% | -33.50% | - |
| EPS | 3.36 | -5.25 | 5.39 | 13.26 | 8.89 | 9.26 | 9.85 | 10.06 | 8.30 | 6.95 |
| EPS Growth | -31.15% | - | - | 146.01% | -32.96% | 4.13% | 6.41% | 2.15% | -17.49% | -16.30% |
| No. Analysts | - | - | - | - | - | 25 | 26 | 16 | 5 | 3 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 398.9B | 418.6B | 427.0B | 222.1B |
| Avg | 336.9B | 338.6B | 321.2B | 213.6B |
| Low | 248.0B | 251.5B | 225.3B | 207.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 15.8% | 24.2% | 26.1% | -30.9% |
| Avg | -2.2% | 0.5% | -5.2% | -33.5% |
| Low | -28.0% | -25.3% | -33.5% | -35.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.63 | 12.26 | 11.97 | 11.67 | 8.14 |
| Avg | 9.26 | 9.85 | 10.06 | 8.30 | 6.95 |
| Low | 7.30 | 7.47 | 7.93 | 5.74 | 5.89 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 30.9% | 32.5% | 21.6% | 15.9% | -2.0% |
| Avg | 4.1% | 6.4% | 2.2% | -17.5% | -16.3% |
| Low | -17.9% | -19.3% | -19.5% | -42.9% | -29.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.
