Exxon Mobil Corporation (XOM)
NYSE: XOM · IEX Real-Time Price · USD
115.51
-0.56 (-0.49%)
Jul 22, 2024, 3:29 PM EDT - Market open

Exxon Mobil Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Exxon Mobil stock have an average target of 134.81, with a low estimate of 119 and a high estimate of 154. The average target predicts an increase of 16.71% from the current stock price of 115.51.

Analyst Consensus: Buy
Target Low Average Median High
Price $119 $134.81 $135 $154
Change +3.03% +16.71% +16.88% +33.33%

Analyst Ratings

The average analyst rating for Exxon Mobil stock from 18 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 557755
Buy 666667
Hold 778786
Sell 000000
Strong Sell 000000
Total 181821201918

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Truist Securities
Truist Securities
Hold
Maintains
$124$121
Hold Maintains $124$121 +4.76% Jul 22, 2024
Wolfe Research
Wolfe Research
Buy
Initiates
n/a
Buy Initiates n/a n/a Jul 18, 2024
Bernstein
Bernstein
Buy
Maintains
$139$138
Buy Maintains $139$138 +19.48% Jul 17, 2024
Barclays
Barclays
Buy
Maintains
$147$142
Buy Maintains $147$142 +22.94% Jul 9, 2024
RBC Capital
RBC Capital
Hold
Reiterates
$135
Hold Reiterates $135 +16.88% Jul 9, 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
-----12.4911.6611.2912.0212.14
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.