Exxon Mobil Corporation (XOM)
NYSE: XOM · IEX Real-Time Price · USD
114.18
-0.78 (-0.68%)
At close: Jul 2, 2024, 4:00 PM
114.07
-0.11 (-0.10%)
After-hours: Jul 2, 2024, 7:58 PM EDT

Exxon Mobil Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Exxon Mobil stock have an average target of 133.06, with a low estimate of 110 and a high estimate of 154. The average target predicts an increase of 16.54% from the current stock price of 114.18.

Analyst Consensus: Buy
Target Low Average Median High
Price $110 $133.06 $132 $154
Change -3.66% +16.54% +15.61% +34.87%

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 Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 755775
Buy 666666
Hold 777878
Sell 000000
Strong Sell 000000
Total 201818212019

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Strong Buy
Maintains
$152$154
Strong Buy Maintains $152$154 +34.87% Jun 25, 2024
Truist Securities
Truist Securities
Hold
Downgrades
$146$124
Hold Downgrades $146$124 +8.60% Jun 7, 2024
Morgan Stanley
Morgan Stanley
Buy
Initiates
$145
Buy Initiates $145 +26.99% May 15, 2024
Mizuho
Mizuho
Hold
Maintains
$125$128
Hold Maintains $125$128 +12.10% May 13, 2024
UBS
UBS
Strong Buy
Maintains
$150$152
Strong Buy Maintains $150$152 +33.12% May 7, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
354.62B
from 344.58B
Increased by 2.91%
Revenue Next Year
351.32B
from 354.62B
Decreased by -0.93%
EPS This Year
9.25
from 8.89
Increased by 4.07%
EPS Next Year
9.91
from 9.25
Increased by 7.12%
Year 2019202020212022202320242025202620272028
Revenue
264.94B181.50B285.64B413.68B344.58B354.62B351.32B337.89B277.59B278.68B
Revenue Growth
-8.71%-31.49%57.38%44.83%-16.70%2.91%-0.93%-3.82%-17.84%0.39%
EPS
3.36-5.255.3913.268.899.259.9110.239.619.52
EPS Growth
-31.15%--146.01%-32.96%4.07%7.12%3.20%-6.03%-0.96%
Forward PE
-----12.3411.5211.1611.8812.00
No. Analysts -----28281854
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 457.0B 416.7B 404.8B 288.6B 289.7B
Avg 354.6B 351.3B 337.9B 277.6B 278.7B
Low 275.1B 259.9B 228.3B 269.3B 270.4B

Revenue Growth

Revenue Growth 20242025202620272028
High
32.6%
17.5%
15.2%
-14.6%
4.4%
Avg
2.9%
-0.9%
-3.8%
-17.8%
0.4%
Low
-20.2%
-26.7%
-35.0%
-20.3%
-2.6%

EPS Forecast

EPS 20242025202620272028
High 11.21 12.41 13.39 12.19 11.45
Avg 9.25 9.91 10.23 9.61 9.52
Low 7.01 5.76 5.75 8.06 7.02

EPS Growth

EPS Growth 20242025202620272028
High
26.1%
34.2%
35.1%
19.2%
19.1%
Avg
4.1%
7.1%
3.2%
-6.0%
-1.0%
Low
-21.1%
-37.7%
-42.0%
-21.2%
-27.0%
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.