TD Cowen Has Lowered Expectations for Exxon Mobil (NYSE:XOM) Stock Price

Exxon Mobil (NYSE:XOM) had its price target decreased by analysts at TD Cowen from $175.00 to $172.00 in a research report issued to clients and investors on Friday, MarketBeat.com reports. The firm presently has a “buy” rating on the oil and gas company’s stock. TD Cowen’s price target would suggest a potential upside of 12.84% from the company’s current price.

Several other equities analysts have also weighed in on XOM. Citigroup raised their price objective on shares of Exxon Mobil from $150.00 to $175.00 and gave the company a “neutral” rating in a research report on Thursday, April 2nd. Wells Fargo & Company raised their target price on shares of Exxon Mobil from $183.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday. Royal Bank Of Canada raised their target price on shares of Exxon Mobil from $160.00 to $180.00 and gave the stock a “sector perform” rating in a report on Thursday. Piper Sandler decreased their target price on shares of Exxon Mobil from $186.00 to $182.00 and set an “overweight” rating for the company in a report on Thursday. Finally, Barclays raised their target price on shares of Exxon Mobil from $145.00 to $163.00 and gave the stock an “overweight” rating in a report on Monday, March 16th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $159.20.

Exxon Mobil Stock Performance

NYSE:XOM opened at $152.43 on Friday. Exxon Mobil has a twelve month low of $98.79 and a twelve month high of $176.41. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The company has a 50-day moving average of $154.51 and a 200-day moving average of $131.50. The firm has a market cap of $633.58 billion, a price-to-earnings ratio of 22.78, a price-to-earnings-growth ratio of 0.96 and a beta of 0.29.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The company had revenue of $80.04 billion during the quarter, compared to analyst estimates of $77.98 billion. During the same quarter last year, the firm posted $1.67 EPS. The business’s revenue for the quarter was down 1.3% on a year-over-year basis. Analysts forecast that Exxon Mobil will post 7.43 earnings per share for the current fiscal year.

Insider Activity

In related news, VP Darrin L. Talley sold 1,080 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $155.50, for a total transaction of $167,940.00. Following the completion of the sale, the vice president directly owned 17,124 shares in the company, valued at approximately $2,662,782. This trade represents a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have sold 11,460 shares of company stock valued at $1,687,854 over the last ninety days. 0.03% of the stock is owned by corporate insiders.

Institutional Trading of Exxon Mobil

Institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE lifted its stake in shares of Exxon Mobil by 2.0% in the 4th quarter. Bank of America Corp DE now owns 75,152,366 shares of the oil and gas company’s stock valued at $9,043,836,000 after purchasing an additional 1,457,560 shares during the last quarter. Norges Bank bought a new position in Exxon Mobil during the fourth quarter worth $7,625,063,000. Bank of New York Mellon Corp increased its position in Exxon Mobil by 1.2% during the fourth quarter. Bank of New York Mellon Corp now owns 46,605,353 shares of the oil and gas company’s stock worth $5,608,488,000 after acquiring an additional 531,362 shares during the period. Northern Trust Corp increased its position in Exxon Mobil by 1.0% during the third quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock worth $4,963,934,000 after acquiring an additional 445,283 shares during the period. Finally, Franklin Resources Inc. increased its position in Exxon Mobil by 7.4% during the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock worth $4,366,655,000 after acquiring an additional 2,660,910 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

More Exxon Mobil News

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

• Positive Sentiment: Several sell‑side firms raised targets/ratings this week (Jefferies to $184, RBC to $180, Wells Fargo to $185, JPMorgan raised to $170) — these upgrades signal continued analyst conviction in XOM’s upside and longer‑term cash generation potential. Jefferies target raise
• Positive Sentiment: JPMorgan issued a positive forecast and Erste Group lifted earnings estimates, supporting near‑to‑medium term earnings outlook. JPMorgan forecast
• Positive Sentiment: Macro demand tailwind: articles highlight rising LNG demand and geopolitically driven export opportunities that could boost Exxon’s upstream and LNG-related cash flows. This is a structural positive if exports and pricing remain strong. LNG demand surge
• Neutral Sentiment: Earnings preview: XOM is set to report Q1 results soon with Wall Street expecting single‑digit EPS growth — a modest beat could calm sellers, but expectations aren’t lofty enough to drive a large rally on their own. Earnings preview
• Neutral Sentiment: Analysts note attractive long‑term free cash flow despite near‑term earnings headwinds (TD Cowen maintaining a Buy). That supports dividend stability and buyback optionality, making XOM a defensive energy pick for income investors. TD Cowen note
• Neutral Sentiment: Options and volatility stories: elevated option activity and unusual vol indicate traders are positioning for big moves around catalysts (earnings, oil swings). This raises short‑term risk/reward for active traders. Options volatility
• Negative Sentiment: Wolfe Research cut its price target to $153 and an analyst downgrade triggered intraday selling; this contributed to downward pressure on the stock. Wolfe Research cut
• Negative Sentiment: Oil prices plunged (~16%) after reports of an Iran ceasefire / suspension of hostilities, which materially reduced the geopolitical risk premium — that sharp crude decline is the primary near‑term reason energy names, including XOM, fell. Oil price crash
• Negative Sentiment: Sector rotation and calmer geopolitics led intraday reversals — rallies tied to a high‑risk energy shock retraced as markets priced in lower risk, pressuring XOM despite favorable fundamentals. Intraday reversal

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.