Exxon Mobil Corporation (XOM) Stock Forecast & Price Targets - Stock Analysis (2024)

Exxon Mobil Corporation (XOM)

NYSE: XOM · IEX Real-Time Price · USD

119.82

-0.74 (-0.61%)

Apr 23, 2024, 9:37 AM EDT - Market open

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Exxon Mobil stock have an average target of 132.33, with a low estimate of 110 and a high estimate of 150. The average target predicts an increase of 10.44% from the current stock price of 119.82.

Analyst Consensus: Buy

Target Low Average Median High
Price $110 $132.33 $132 $150
Change -8.20% +10.44% +10.17% +25.19%

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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 777557
Buy 666666
Hold 787777
Sell 000000
Strong Sell 000000
Total 202120181820

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date

Piper Sandler

Piper Sandler

Buy

Maintains

$130$145

Buy Maintains $130$145 +21.01% Apr 18, 2024

UBS

UBS

Strong Buy

Maintains

$133$150

Strong Buy Maintains $133$150 +25.19% Apr 11, 2024

Scotiabank

Scotiabank

Hold

Maintains

$114$129

Hold Maintains $114$129 +7.66% Apr 11, 2024

Barclays

Barclays

Buy

Initiates

$147

Buy Initiates $147 +22.68% Apr 10, 2024

Truist Securities

Truist Securities

Strong Buy

Maintains

$140$146

Strong Buy Maintains $140$146 +21.85% Apr 5, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

336.94B

from 344.58B

Decreased by -2.22%

from 344.58B

Revenue Next Year

338.64B

from 336.94B

Increased by 0.51%

from 336.94B

EPS This Year

9.26

from 8.89

Increased by 4.13%

from 8.89

EPS Next Year

9.85

from 9.26

Increased by 6.41%

from 9.26

Year 2019202020212022202320242025202620272028
Revenue 264.94B181.50B285.64B413.68B344.58B336.94B338.64B321.19B213.60B-
Revenue Growth -8.71%-31.49%57.38%44.83%-16.70%-2.22%0.51%-5.15%-33.50%-
EPS 3.36-5.255.3913.268.899.269.8510.068.306.95
EPS Growth -31.15%--146.01%-32.96%4.13%6.41%2.15%-17.49%-16.30%
No. Analysts -----25261653

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 398.9B 418.6B 427.0B 222.1B
Avg 336.9B 338.6B 321.2B 213.6B
Low 248.0B 251.5B 225.3B 207.3B

Revenue Growth

Revenue Growth 2024202520262027
High

15.8%

24.2%

26.1%

-30.9%

Avg

-2.2%

0.5%

-5.2%

-33.5%

Low

-28.0%

-25.3%

-33.5%

-35.5%

EPS Forecast

EPS 20242025202620272028
High 11.63 12.26 11.97 11.67 8.14
Avg 9.26 9.85 10.06 8.30 6.95
Low 7.30 7.47 7.93 5.74 5.89

EPS Growth

EPS Growth 20242025202620272028
High

30.9%

32.5%

21.6%

15.9%

-2.0%

Avg

4.1%

6.4%

2.2%

-17.5%

-16.3%

Low

-17.9%

-19.3%

-19.5%

-42.9%

-29.1%

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.

Exxon Mobil Corporation (XOM) Stock Forecast & Price Targets - Stock Analysis (2024)
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