Bank of America Forecasts Strong Price Appreciation for Exxon Mobil (NYSE:XOM) Stock

Exxon Mobil (NYSE:XOM) had its price target hoisted by Bank of America from $129.00 to $135.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the oil and gas company’s stock. Bank of America‘s target price indicates a potential downside of 4.03% from the company’s current price.

A number of other research analysts have also issued reports on XOM. Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a report on Friday, January 16th. Mizuho boosted their price objective on shares of Exxon Mobil from $129.00 to $132.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Sanford C. Bernstein cut their price objective on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. BNP Paribas Exane raised shares of Exxon Mobil from an “underperform” rating to a “neutral” rating and set a $114.00 target price on the stock in a report on Monday, December 8th. Finally, Barclays boosted their price target on shares of Exxon Mobil from $130.00 to $140.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Exxon Mobil presently has an average rating of “Moderate Buy” and a consensus target price of $132.74.

Exxon Mobil Price Performance

Shares of XOM opened at $140.67 on Wednesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.79 and a current ratio of 1.14. Exxon Mobil has a fifty-two week low of $97.80 and a fifty-two week high of $142.34. The firm has a 50-day simple moving average of $122.31 and a 200-day simple moving average of $115.91. The company has a market capitalization of $593.22 billion, a price-to-earnings ratio of 20.45, a price-to-earnings-growth ratio of 14.53 and a beta of 0.37.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, October 31st. The oil and gas company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.72 by $0.16. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%.The firm had revenue of $83.33 billion for the quarter, compared to analysts’ expectations of $83.09 billion. During the same quarter in the previous year, the firm posted $1.92 EPS. The firm’s revenue for the quarter was down 5.2% on a year-over-year basis. On average, equities research analysts anticipate that Exxon Mobil will post 7.43 earnings per share for the current year.

Insider Activity

In other news, VP Darrin L. Talley sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total transaction of $351,570.00. Following the sale, the vice president owned 28,584 shares of the company’s stock, valued at $3,349,758.96. The trade was a 9.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.03% of the company’s stock.

Hedge Funds Weigh In On Exxon Mobil

Hedge funds and other institutional investors have recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Exxon Mobil during the 2nd quarter worth approximately $6,163,719,000. First Trust Advisors LP grew its holdings in Exxon Mobil by 150.2% during the 2nd quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock valued at $819,560,000 after buying an additional 4,563,707 shares during the last quarter. Cerity Partners LLC grew its holdings in Exxon Mobil by 200.7% during the 2nd quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock valued at $217,162,000 after buying an additional 4,015,099 shares during the last quarter. Laurel Wealth Advisors LLC increased its position in Exxon Mobil by 10,809.8% during the second quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock worth $333,652,000 after buying an additional 3,066,736 shares in the last quarter. Finally, Franklin Resources Inc. raised its holdings 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 acquiring an additional 2,660,910 shares during the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil News Summary

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

• Positive Sentiment: Geopolitical risk is lifting oil prices, which benefits integrated majors like Exxon by supporting upstream margins and refining spreads. Oil Rallies On Iran War Fears
• Positive Sentiment: Analysts highlight a structural LNG wave in 2026 that should boost gas demand and benefit Exxon’s gas/LNG exposure, a medium-term tailwind for earnings. What the LNG Wave Means
• Positive Sentiment: Corporate moves: Exxon is emphasizing carbon capture (CCS) and reshaping its portfolio (including exiting the Fife plant), signaling focus on higher-return/transition assets that investors may view favorably over time. Exxon Mobil Reshapes Portfolio With CCS Push
• Positive Sentiment: Strategic partnerships: expanded R&D and supply-chain cooperation with BYD on hybrid EV innovation supports diversification into low-carbon transport tech. BYD & ExxonMobil Boost Cooperation
• Neutral Sentiment: Market positioning & betting: short-term speculation and prediction markets (Polymarket) are focused on whether Exxon will beat Q4 estimates; this raises event-driven volatility but doesn’t change fundamentals. Polymarket Odds: Will AXP, XOM, VZ Beat Earnings?
• Neutral Sentiment: Earnings previews are mixed: analysts expect refining resilience to offset weaker upstream pricing, so Q4 results could show offsetting effects rather than a clear beat or miss. Exxon Mobil Q4 Preview
• Negative Sentiment: High expectations create risk: coverage notes the stock is pricing in strong long‑term growth even as analysts trim profit forecasts—Exxon must show credible growth catalysts or risk a pullback. Exxon Earnings Are Coming. The Stock Is Pricing in Big Growth.
• Negative Sentiment: “Smart money” caution: commentary flags investor wariness ahead of earnings, signaling potential downside if results or guidance disappoint. Why the smart money is pensive
• Neutral Sentiment: Analyst action: Bank of America raised its price target to $135 but kept a neutral rating, which implies limited upside from that firm’s view and mixed analyst sentiment overall. Benzinga

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.