Exxon Mobil Corporation (XOM)
NYSE: XOM · IEX Real-Time Price · USD
117.87
-0.71 (-0.60%)
At close: May 16, 2024, 4:00 PM
117.94
+0.07 (0.06%)
After-hours: May 16, 2024, 7:59 PM EDT

Exxon Mobil Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Exxon Mobil stock have an average target of 134, with a low estimate of 110 and a high estimate of 152. The average target predicts an increase of 13.68% from the current stock price of 117.87.

Analyst Consensus: Buy
Target Low Average Median High
Price $110 $134 $135 $152
Change -6.68% +13.68% +14.53% +28.96%

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 Dec '23Jan '24Feb '24Mar '24Apr '24May '24
Strong Buy 775577
Buy 666666
Hold 877787
Sell 000000
Strong Sell 000000
Total 212018182120

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Buy
Initiates
$145
Buy Initiates $145 +23.02% May 15, 2024
Mizuho
Mizuho
Hold
Maintains
$125$128
Hold Maintains $125$128 +8.59% May 13, 2024
UBS
UBS
Strong Buy
Maintains
$150$152
Strong Buy Maintains $150$152 +28.96% May 7, 2024
HSBC
HSBC
Hold
Maintains
$111$120
Hold Maintains $111$120 +1.81% Apr 30, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$128$135
Strong Buy Maintains $128$135 +14.53% Apr 30, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
336.94B
from 344.58B
Decreased by -2.22%
Revenue Next Year
338.64B
from 336.94B
Increased by 0.51%
EPS This Year
9.26
from 8.89
Increased by 4.13%
EPS Next Year
9.85
from 9.26
Increased by 6.41%
Year 2019202020212022202320242025202620272028
Revenue
264.94B181.50B285.64B413.68B344.58B336.94B338.64B321.19B272.64B273.46B
Revenue Growth
-8.71%-31.49%57.38%44.83%-16.70%-2.22%0.51%-5.15%-15.11%0.30%
EPS
3.36-5.255.3913.268.899.269.8510.069.569.41
EPS Growth
-31.15%--146.01%-32.96%4.13%6.41%2.15%-4.97%-1.59%
No. Analysts -----25261654
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 398.9B 418.6B 427.0B 283.4B 284.3B
Avg 336.9B 338.6B 321.2B 272.6B 273.5B
Low 248.0B 251.5B 225.3B 264.5B 265.3B

Revenue Growth

Revenue Growth 20242025202620272028
High
15.8%
24.2%
26.1%
-11.8%
4.3%
Avg
-2.2%
0.5%
-5.2%
-15.1%
0.3%
Low
-28.0%
-25.3%
-33.5%
-17.6%
-2.7%

EPS Forecast

EPS 20242025202620272028
High 11.63 12.26 11.97 12.39 11.39
Avg 9.26 9.85 10.06 9.56 9.41
Low 7.30 7.47 7.93 8.06 7.02

EPS Growth

EPS Growth 20242025202620272028
High
30.9%
32.5%
21.6%
23.1%
19.1%
Avg
4.1%
6.4%
2.2%
-5.0%
-1.6%
Low
-17.9%
-19.3%
-19.5%
-19.9%
-26.6%
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.