Piper Sandler Lowers Exxon Mobil (NYSE:XOM) Price Target to $182.00

Key Points

• Piper Sandler cut its price target for Exxon Mobil from $186 to $182 while keeping an overweight rating, implying roughly a 17.6% upside from the current share price.
• Analyst consensus on XOM is a Moderate Buy with an average price target of $157.21, based on a mix of 1 Strong Buy, 9 Buy, 9 Hold and 1 Sell ratings.
• XOM shares traded around $154.76 (down 0.9%) after reporting quarterly EPS of $1.71 vs. $1.63 estimates, while the Iran conflict has both cut about 6% of Q1 production and could boost upstream earnings by roughly $2.9 billion.

Exxon Mobil (NYSE:XOM - Get Free Report) had its price objective lowered by Piper Sandler from $186.00 to $182.00 in a report released on Thursday,Benzinga reports. The brokerage currently has an "overweight" rating on the oil and gas company's stock. Piper Sandler's price objective indicates a potential upside of 17.60% from the stock's current price.

A number of other research analysts have also issued reports on XOM. Wolfe Research dropped their price target on shares of Exxon Mobil from $158.00 to $153.00 and set an "outperform" rating on the stock in a research note on Wednesday. Weiss Ratings reissued a "hold (c)" rating on shares of Exxon Mobil in a research note on Monday, December 29th. Loop Capital set a $123.00 price objective on shares of Exxon Mobil in a research note on Tuesday, February 3rd. UBS Group reissued a "buy" rating and issued a $171.00 price objective on shares of Exxon Mobil in a research report on Monday, February 2nd. Finally, Zacks Research upgraded shares of Exxon Mobil from a "strong sell" rating to a "hold" rating in a research note on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Exxon Mobil presently has a consensus rating of "Moderate Buy" and an average price target of $157.21.

Exxon Mobil Trading Down 0.9%

XOM traded down $1.46 during trading hours on Thursday, reaching $154.76. The company's stock had a trading volume of 13,015,981 shares, compared to its average volume of 22,711,422. 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 stock has a market cap of $644.83 billion, a PE ratio of 23.10, a P/E/G ratio of 1.11 and a beta of 0.29. The business's 50-day moving average is $154.00 and its 200-day moving average is $130.93. Exxon Mobil has a fifty-two week low of $97.80 and a fifty-two week high of $176.41.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping 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 analyst estimates of $77.98 billion. During the same period in the prior year, the firm earned $1.67 earnings per share. The business's quarterly revenue was down 1.3% compared to the same quarter last year. As a group, equities 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 firm's stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $155.50, for a total transaction of $167,940.00. Following the completion of the sale, the vice president owned 17,124 shares of the company's stock, valued at $2,662,782. This trade represents a 5.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Over the last three months, insiders have sold 11,460 shares of company stock worth $1,687,854. Company insiders own 0.03% of the company's stock.

Hedge Funds Weigh In On Exxon Mobil

Several hedge funds have recently modified their holdings of the company. Bank of America Corp DE grew its holdings in Exxon Mobil by 2.0% during the 4th quarter. Bank of America Corp DE now owns 75,152,366 shares of the oil and gas company's stock valued at $9,043,836,000 after buying an additional 1,457,560 shares in the last quarter. Norges Bank bought a new position in Exxon Mobil in the fourth quarter worth approximately $7,625,063,000. Bank of New York Mellon Corp raised its position in Exxon Mobil by 1.2% during the fourth quarter. Bank of New York Mellon Corp now owns 46,605,353 shares of the oil and gas company's stock valued at $5,608,488,000 after purchasing an additional 531,362 shares during the period. Northern Trust Corp raised its stake in Exxon Mobil by 1.0% in the 3rd quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company's stock worth $4,963,934,000 after acquiring an additional 445,283 shares during the last quarter. Finally, Franklin Resources Inc. raised its holdings in shares of Exxon Mobil by 7.4% during the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company's stock valued at $4,366,655,000 after acquiring an additional 2,660,910 shares during the last quarter. Institutional investors own 61.80% of the company's stock.

Key Stories Impacting Exxon Mobil

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

• Positive Sentiment: Multiple brokerages raised price targets and ratings this morning, signaling upside for XOM from a medium-term earnings view — Jefferies, RBC and Wells Fargo boosted targets (Jefferies raised to $184, RBC to $180, Wells Fargo to $185). Jefferies price-target raise Brokerage notes
• Positive Sentiment: Exxon flagged a potential ~US$2.9B upstream earnings boost from higher oil/gas prices tied to the Iran war that could offset some regional production losses — a near-term cash-flow tailwind for the company. Reuters: Q1 upstream bump
• Positive Sentiment: Analysts have raised FY2026–FY2027 EPS estimates for XOM, indicating improving core earnings expectations that support higher targets. MarketBeat: analyst estimate updates
• Neutral Sentiment: Planned maintenance/overhauls at the Beaumont, TX refinery could temporarily reduce throughput but are routine and already being scheduled — watch timing for any short-term earnings/refining-margin effects. Reuters: Beaumont overhaul plan
• Neutral Sentiment: Volatility in XOM options has risen, attracting trading interest and making derivatives strategies potentially lucrative for short-term traders while signaling higher uncertainty. Seeking Alpha: options volatility
• Negative Sentiment: A two‑week suspension of attacks/temporary ceasefire reduced near-term crude prices, pressuring integrated producers; that immediate oil-price drop helped push XOM lower today. Yahoo: why XOM is falling
• Negative Sentiment: Exxon says the Iran conflict knocked out roughly 6% of its global first‑quarter production and warned Q1 upstream/downstream impacts — regulatory filings and coverage showing production/refining hits have increased downside risk to near-term results. FinancialPost: 6% output shut Proactive: production setbacks
• Negative Sentiment: Commentary warns that if geopolitical tensions ease and oil falls, Exxon’s recent rally could quickly unwind — investors should treat current gains as tied to commodity volatility. MarketBeat: buy/sell if war ends

Exxon Mobil Company Profile

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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