Exxon Mobil Corporation (XOM)
NYSE: XOM · Real-Time Price · USD
120.32
+1.69 (1.42%)
At close: Nov 20, 2024, 4:00 PM
120.52
+0.20 (0.17%)
Pre-market: Nov 21, 2024, 5:08 AM EST

Exxon Mobil Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Exxon Mobil stock have an average target of 130.5, with a low estimate of 105 and a high estimate of 149. The average target predicts an increase of 8.46% from the current stock price of 120.32.

Analyst Consensus: Buy
Target Low Average Median High
Price $105 $130.5 $132 $149
Change -12.73% +8.46% +9.71% +23.84%

Analyst Ratings

The average analyst rating for Exxon Mobil stock from 20 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 555433
Buy 677788
Hold 866788
Sell 000011
Strong Sell 000000
Total 191818182020

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
TD Cowen
TD Cowen
Strong Buy
Maintains
$127$132
Strong Buy Maintains $127$132 +9.71% Nov 19, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$130$127
Strong Buy Maintains $130$127 +5.55% Nov 4, 2024
RBC Capital
RBC Capital
Hold
Reiterates
$120
Hold Reiterates $120 -0.27% Nov 4, 2024
B of A Securities
B of A Securities
Hold
Initiates
$124
Hold Initiates $124 +3.06% Oct 17, 2024
Scotiabank
Scotiabank
Buy
Upgrades
$129$145
Buy Upgrades $129$145 +20.51% Oct 10, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
348.82B
from 338.29B
Increased by 3.11%
Revenue Next Year
337.47B
from 348.82B
Decreased by -3.25%
EPS This Year
8.12
from 8.89
Decreased by -8.59%
EPS Next Year
8.21
from 8.12
Increased by 1.11%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
259.50B179.78B277.14B401.18B338.29B348.82B337.47B345.20B
Revenue Growth
-7.67%-30.72%54.15%44.76%-15.68%3.11%-3.25%2.29%
EPS
3.36-5.255.3913.268.898.128.219.51
EPS Growth
-31.18%--145.95%-32.96%-8.59%1.11%15.77%
Forward PE
-----14.8114.6512.65
No. Analysts -----292921
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 393.4B 422.0B 419.0B
Avg 348.8B 337.5B 345.2B
Low 271.6B 226.5B 220.1B

Revenue Growth

Revenue Growth 20242025202620272028
High
16.3%
21.0%
24.2%
Avg
3.1%
-3.3%
2.3%
Low
-19.7%
-35.1%
-34.8%

EPS Forecast

EPS 20242025202620272028
High 9.67 10.65 11.62
Avg 8.12 8.21 9.51
Low 7.57 4.81 5.14

EPS Growth

EPS Growth 20242025202620272028
High
8.8%
31.1%
41.5%
Avg
-8.6%
1.1%
15.8%
Low
-14.9%
-40.8%
-37.5%
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.