What Are Wall Street Analysts' Target Price for Exxon Mobil Stock?

Core Insights - Exxon Mobil Corporation (XOM) has a market capitalization of $494.3 billion and operates in the exploration, production, and sale of crude oil, natural gas, and petrochemical products, while also investing in lower-emission technologies [1] Performance Overview - Over the past 52 weeks, XOM shares have declined by 3.3%, underperforming the S&P 500 Index, which has increased by 18.3% [2] - Year-to-date, XOM shares are up 6.9%, compared to the S&P 500's gain of 17.2% [2] - XOM has also lagged behind the Energy Select Sector SPDR Fund (XLE), which saw a 2.1% drop over the same period [3] Financial Results - In Q2 2025, XOM reported an EPS of $1.64, which was better than expected, but shares fell by 1.8% the following day due to revenue of $81.5 billion falling short of expectations, attributed to weaker oil prices [4] - Earnings from oil and gas production decreased to $5.4 billion, indicating margin pressure despite record production of 4.6 million barrels of oil equivalent per day (boepd) [4] Future Projections - Analysts predict a 12.8% year-over-year decline in XOM's EPS for the fiscal year ending December 2025, estimating it at $6.79 [5] - XOM has a strong earnings surprise history, having beaten consensus estimates in the last four quarters [5] Analyst Ratings - Among 27 analysts covering XOM, the consensus rating is a "Moderate Buy," consisting of 15 "Strong Buy" ratings, one "Moderate Buy," 10 "Holds," and one "Strong Sell" [5] - Scotiabank raised XOM's price target to $128 with an "Outperform" rating, while the mean price target is $126.52, suggesting a nearly 10% premium to the current price [6] - The highest price target of $156 indicates a potential upside of 35.6% [6]