Exxon Mobil (NYSE:XOM) Trading Up 2.2% on Analyst Upgrade

Exxon Mobil Corporation (NYSE:XOM)’s stock price shot up 2.2% on Thursday after Bank of America raised their price target on the stock from $129.00 to $135.00. Bank of America currently has a neutral rating on the stock. Exxon Mobil traded as high as $142.34 and last traded at $140.6670. 35,708,652 shares were traded during mid-day trading, an increase of 81% from the average session volume of 19,709,930 shares. The stock had previously closed at $137.58.

Several other equities research analysts have also issued reports on the stock. Barclays lifted their target price on shares of Exxon Mobil from $130.00 to $140.00 and gave the company an “overweight” rating in a research report on Wednesday, January 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Exxon Mobil in a report on Monday, December 29th. Piper Sandler reduced their target price on Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. Scotiabank restated an “outperform” rating on shares of Exxon Mobil in a research report on Friday, January 16th. Finally, Morgan Stanley cut their price objective on Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating for the company in a report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $132.74.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total transaction of $351,570.00. Following the transaction, the vice president directly owned 28,584 shares of the company’s stock, valued at approximately $3,349,758.96. This trade represents a 9.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.03% of the stock is currently owned by insiders.

Key Headlines Impacting Exxon Mobil

Here are the key news stories impacting Exxon Mobil this week:

• Positive Sentiment: Geopolitical risk is lifting oil prices, which benefits integrated majors like Exxon by supporting upstream margins and refining spreads. Oil Rallies On Iran War Fears
• Positive Sentiment: Analysts highlight a structural LNG wave in 2026 that should boost gas demand and benefit Exxon’s gas/LNG exposure, a medium-term tailwind for earnings. What the LNG Wave Means
• Positive Sentiment: Corporate moves: Exxon is emphasizing carbon capture (CCS) and reshaping its portfolio (including exiting the Fife plant), signaling focus on higher-return/transition assets that investors may view favorably over time. Exxon Mobil Reshapes Portfolio With CCS Push
• Positive Sentiment: Strategic partnerships: expanded R&D and supply-chain cooperation with BYD on hybrid EV innovation supports diversification into low-carbon transport tech. BYD & ExxonMobil Boost Cooperation
• Neutral Sentiment: Market positioning & betting: short-term speculation and prediction markets (Polymarket) are focused on whether Exxon will beat Q4 estimates; this raises event-driven volatility but doesn’t change fundamentals. Polymarket Odds: Will AXP, XOM, VZ Beat Earnings?
• Neutral Sentiment: Earnings previews are mixed: analysts expect refining resilience to offset weaker upstream pricing, so Q4 results could show offsetting effects rather than a clear beat or miss. Exxon Mobil Q4 Preview
• Negative Sentiment: High expectations create risk: coverage notes the stock is pricing in strong long‑term growth even as analysts trim profit forecasts—Exxon must show credible growth catalysts or risk a pullback. Exxon Earnings Are Coming. The Stock Is Pricing in Big Growth.
• Negative Sentiment: “Smart money” caution: commentary flags investor wariness ahead of earnings, signaling potential downside if results or guidance disappoint. Why the smart money is pensive
• Neutral Sentiment: Analyst action: Bank of America raised its price target to $135 but kept a neutral rating, which implies limited upside from that firm’s view and mixed analyst sentiment overall. Benzinga

Hedge Funds Weigh In On Exxon Mobil

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Midwest Capital Advisors LLC bought a new stake in Exxon Mobil during the 4th quarter valued at $27,000. Key Capital Management INC bought a new stake in Exxon Mobil in the 4th quarter worth $28,000. Westfuller Advisors LLC purchased a new position in shares of Exxon Mobil in the third quarter valued at about $30,000. Nvest Wealth Strategies Inc. bought a new position in shares of Exxon Mobil during the fourth quarter valued at about $32,000. Finally, DecisionPoint Financial LLC boosted its holdings in shares of Exxon Mobil by 968.0% during the fourth quarter. DecisionPoint Financial LLC now owns 267 shares of the oil and gas company’s stock worth $32,000 after purchasing an additional 242 shares during the period. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Stock Up 2.2%

The company has a market capitalization of $593.22 billion, a P/E ratio of 20.45, a PEG ratio of 14.53 and a beta of 0.37. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.14 and a quick ratio of 0.79. The company has a 50 day moving average of $122.31 and a 200-day moving average of $115.91.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, October 31st. The oil and gas company reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.72 by $0.16. The business had revenue of $83.33 billion during the quarter, compared to analysts’ expectations of $83.09 billion. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%.The business’s revenue was down 5.2% on a year-over-year basis. During the same quarter last year, the business posted $1.92 EPS. As a group, equities analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Company Profile

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.