Erste Group Bank Forecasts Stronger Earnings for Exxon Mobil

Key Points

• Erste Group Bank raised its FY2026 EPS estimate for Exxon Mobil to $7.61 (from $7.07), above the consensus of $7.43, and forecasts FY2027 EPS of $8.67.
• Exxon recently beat quarterly expectations, reporting $1.71 EPS versus $1.63 expected and revenue of $80.04B (beat vs. $77.98B), supporting its cash‑flow outlook.
• While several analysts have lifted targets and institutions have been accumulating shares, MarketBeat shows a consensus rating of "Hold" with a price target of $152.39, versus the stock trading near $163 and yielding about 2.5%.

Exxon Mobil Corporation (NYSE:XOM - Free Report) - Stock analysts at Erste Group Bank lifted their FY2026 earnings estimates for Exxon Mobil in a research report issued on Thursday, April 2nd. Erste Group Bank analyst H. Engel now forecasts that the oil and gas company will post earnings of $7.61 per share for the year, up from their prior estimate of $7.07. The consensus estimate for Exxon Mobil's current full-year earnings is $7.43 per share. Erste Group Bank also issued estimates for Exxon Mobil's FY2027 earnings at $8.67 EPS.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating analysts' consensus estimates of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The firm had revenue of $80.04 billion for the quarter, compared to the consensus estimate of $77.98 billion. During the same period in the previous year, the firm posted $1.67 earnings per share. The firm's revenue was down 1.3% on a year-over-year basis.

Several other research firms also recently commented on XOM. TD Cowen boosted their target price on shares of Exxon Mobil from $135.00 to $145.00 and gave the stock a "buy" rating in a research report on Tuesday, February 3rd. UBS Group reissued a "buy" rating and issued a $171.00 target price on shares of Exxon Mobil in a research report on Monday, February 2nd. Wells Fargo & Company decreased their target price on shares of Exxon Mobil from $158.00 to $156.00 and set an "overweight" rating for the company in a research report on Monday, February 2nd. Scotiabank raised shares of Exxon Mobil to a "strong-buy" rating in a research report on Friday, March 27th. Finally, Mizuho boosted their target price on shares of Exxon Mobil from $140.00 to $162.00 and gave the stock a "neutral" rating in a research report on Tuesday, March 17th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $152.39.

Exxon Mobil Stock Performance

Shares of XOM opened at $163.39 on Wednesday. The company's 50 day moving average price is $153.63 and its 200 day moving average price is $130.76. Exxon Mobil has a 52 week low of $97.80 and a 52 week high of $176.41. The company has a market capitalization of $680.82 billion, a PE ratio of 24.42, a PEG ratio of 1.11 and a beta of 0.29. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Thursday, February 12th. Exxon Mobil's payout ratio is presently 61.58%.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 1,080 shares of the business'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 completion of the sale, the vice president directly owned 17,124 shares in the company, valued at approximately $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 11,460 shares of company stock valued at $1,687,854 in the last ninety days. 0.03% of the stock is currently owned by insiders.

Institutional Trading of Exxon Mobil

A number of institutional investors and hedge funds have recently modified their holdings of the company. Bank of America Corp DE lifted its stake in shares of Exxon Mobil by 2.0% in the fourth quarter. Bank of America Corp DE now owns 75,152,366 shares of the oil and gas company's stock worth $9,043,836,000 after buying an additional 1,457,560 shares during the last quarter. Norges Bank acquired a new stake in shares of Exxon Mobil in the fourth quarter worth $7,625,063,000. Bank of New York Mellon Corp lifted its stake in shares of Exxon Mobil by 1.2% in the fourth quarter. Bank of New York Mellon Corp now owns 46,605,353 shares of the oil and gas company's stock worth $5,608,488,000 after buying an additional 531,362 shares during the last quarter. Northern Trust Corp lifted its stake in shares of Exxon Mobil by 1.0% in the third quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company's stock worth $4,963,934,000 after buying an additional 445,283 shares during the last quarter. Finally, Franklin Resources Inc. lifted its stake in shares of Exxon Mobil by 7.4% in the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company's stock worth $4,366,655,000 after buying an additional 2,660,910 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil News Roundup

Here are the key news stories impacting Exxon Mobil this week:

• Positive Sentiment: Exxon’s helium advantage (LaBarge supplies ~20% of global helium) and recent analyst support bolster upside — UBS reiterated a Buy and raised its target, highlighting near‑term pricing tailwinds. What Exxon Mobil (XOM)'s Helium Edge and New Debt Deal Mean For Shareholders
• Positive Sentiment: RBC says oil majors with large U.S. footprints can capitalize on widening regional LNG spreads after Qatar’s outage — Exxon’s U.S. positions and Golden Pass tie‑ups position it to benefit. RBC expects these oil majors to gain from LNG price dislocations
• Positive Sentiment: Sector/ETF dynamics (XLE) are supporting Exxon: analysts are raising targets, institutions accumulating, and consensus 2026 energy earnings are being revised higher — a structural tailwind for XOM. XLE ETF Hits Peak: What Comes Next May Surprise You
• Neutral Sentiment: Exxon’s recent results and fundamentals remain supportive (beats on Q1 EPS/revenue and strong upstream volumes), reinforcing the company’s cash‑flow story even if oil volatility persists. Exxon Mobil (XOM) Surpasses Market Returns: Some Facts Worth Knowing
• Neutral Sentiment: Exxon completed a modest long‑dated floating‑rate note offering; not dilutive equity but worth noting for capital structure and cost of capital context. What Exxon Mobil (XOM)'s Helium Edge and New Debt Deal Mean For Shareholders
• Negative Sentiment: Multiple analysts and commentators warn the rally is partly an Iran/conflict premium; if geopolitical risk eases, oil and XOM could retrace materially. Exxon Mobil Stock Is Trading on an Iran War Thesis. How Should You Play XOM Here?
• Negative Sentiment: Analysts caution that part of XOM’s premium reflects an “oil‑shock” risk premium — a potentially high drawdown if oil prices weaken, so the stock carries geopolitical/commodity risk. Exxon Mobil: Buy, But Only If You Accept The Oil Shock Premium

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.

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