ExxonMobil (NYSE:XOM) Stock Price Target Raised at UBS Group

Key Points

• UBS raised ExxonMobil’s price target from $199 to $213 and maintained a “buy” rating, implying approximately 18.4% upside from the reported share price.
• Analyst sentiment is broadly positive but mixed: ExxonMobil has a consensus “Moderate Buy” rating, while the average price target is $168.70, below the stock’s reported $179.92 price.
• ExxonMobil exceeded quarterly expectations, reporting $4.23 in adjusted EPS and $110.5 billion in revenue, although results remain exposed to oil-price volatility and changing refining margins.

ExxonMobil (NYSE:XOM - Get Free Report) had its price objective increased by investment analysts at UBS Group from $199.00 to $213.00 in a research report issued on Monday, Benzinga reports. The firm presently has a "buy" rating on the oil and gas company's stock. UBS Group's price target would suggest a potential upside of 18.39% from the company's current price.

A number of other analysts have also recently issued reports on the stock. Argus raised their target price on shares of ExxonMobil from $169.00 to $175.00 and gave the stock a "buy" rating in a research note on Tuesday, August 11th. Piper Sandler upped their price target on shares of ExxonMobil from $158.00 to $185.00 and gave the company a "neutral" rating in a research note on Thursday, September 3rd. Wells Fargo & Company increased their price target on shares of ExxonMobil from $182.00 to $189.00 and gave the company an "equal weight" rating in a report on Monday. BNP Paribas Exane lowered their price target on shares of ExxonMobil from $165.00 to $155.00 and set a "neutral" rating on the stock in a report on Friday, July 17th. Finally, Barclays raised their price objective on shares of ExxonMobil from $177.00 to $200.00 and gave the stock an "overweight" rating in a research report on Monday, October 19th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and fourteen have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $168.70.

ExxonMobil Stock Performance

Shares of XOM stock traded down $7.33 during trading on Monday, reaching $179.92. 15,944,415 shares of the company's stock were exchanged, compared to its average volume of 17,712,787. The company has a quick ratio of 0.92, a current ratio of 1.19 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $745.75 billion, a PE ratio of 18.49, a PEG ratio of 0.94 and a beta of 0.21. ExxonMobil has a twelve month low of $112.51 and a twelve month high of $188.50. The firm's fifty day moving average price is $167.76 and its 200-day moving average price is $154.35.

ExxonMobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings results on Friday, October 30th. The oil and gas company reported $4.23 earnings per share for the quarter, beating analysts' consensus estimates of $4.12 by $0.11. ExxonMobil had a return on equity of 16.63% and a net margin of 10.24%. The business had revenue of $110.50 billion for the quarter, compared to analysts' expectations of $104.89 billion. During the same quarter in the prior year, the business earned $1.88 EPS. As a group, sell-side analysts anticipate that ExxonMobil will post 13.58 EPS for the current year.

Institutional Investors Weigh In On ExxonMobil

Several institutional investors and hedge funds have recently bought and sold shares of XOM. B&D White Capital Company LLC acquired a new position in shares of ExxonMobil during the 3rd quarter worth $225,000. Capstone Wealth Management LLC boosted its stake in ExxonMobil by 2.7% in the third quarter. Capstone Wealth Management LLC now owns 3,954 shares of the oil and gas company's stock valued at $643,000 after buying an additional 103 shares in the last quarter. Quest 10 Wealth Builders Inc. acquired a new stake in ExxonMobil in the third quarter valued at about $326,000. TFB Advisors LLC bought a new position in ExxonMobil in the third quarter valued at about $235,000. Finally, Wealth Dimensions Group Ltd. grew its position in ExxonMobil by 1.0% in the third quarter. Wealth Dimensions Group Ltd. now owns 16,406 shares of the oil and gas company's stock valued at $2,670,000 after acquiring an additional 155 shares during the last quarter. Institutional investors own 61.80% of the company's stock.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Better-than-expected third-quarter results: ExxonMobil reported $15.4 billion in GAAP earnings, $110.5 billion in revenue, and adjusted EPS above consensus. Refining margin gains helped offset weaker sequential upstream earnings. XOM Q3 Earnings Call Highlights Refining Strength and LNG Expansion
• Positive Sentiment: Analysts raised targets: Morgan Stanley increased its target to $187 and maintained an overweight rating, while Wells Fargo raised its target to $189 but kept an equal-weight rating. The revisions reflect confidence following the earnings beat. These Analysts Boost Their Forecasts on ExxonMobil After Upbeat Q3 Results
• Positive Sentiment: Shareholder returns strengthened: ExxonMobil raised its quarterly dividend 3.9% to $1.07 per share, marking its 44th consecutive annual increase. Strong free cash flow, $5.1 billion of quarterly buybacks, and lower net debt add to the investment case.
• Positive Sentiment: Growth initiatives remain active: Management highlighted LNG expansion and opportunities created by energy-market disruptions. ExxonMobil was also added to Securitize’s tokenized-stock platform on Solana, potentially broadening access to its shares. Solana Handled $3.9 Billion of Tokenized Stock Trades in October
• Neutral Sentiment: Momentum remains strong but valuation is debated: XOM has gained substantially this year and trades near its recent high. Some analysts see additional upside, while others caution that much of the positive earnings news may already be reflected in the stock price.
• Negative Sentiment: Commodity and earnings-mix risks: Crude prices have weakened, and adjusted upstream earnings declined about 20% sequentially. Continued dependence on refining strength leaves results vulnerable if margins or oil prices deteriorate. I Wouldn't Buy ExxonMobil at a Record High

ExxonMobil Company Profile

Exxon Mobil Corporation, doing business as ExxonMobil NYSE: XOM, is an integrated energy company engaged in the exploration, development, production, and sale of crude oil and natural gas. Its operations span the energy value chain, from resource development and refining to the marketing and distribution of fuels and other energy products.

Through its Energy Products segment, ExxonMobil manufactures and markets transportation fuels, lubricants, and other petroleum-based products. Its Chemical Products business produces petrochemicals, including commodity and performance products used in packaging, automotive components, construction materials, and consumer goods.

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