Exxon Mobil Corporation (NEO: XOM) Stock Price & Overview - Stock Analysis (2024)

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Exxon Mobil Corporation (NEO: XOM) Stock Price & Overview - Stock Analysis? ›

The highest analyst price target is $153.00 ,the lowest forecast is $119.00. The average price target represents 17.33% Increase from the current price of $116.88. Exxon Mobil's analyst rating consensus is a Moderate Buy. This is based on the ratings of 16 Wall Streets Analysts.

The highest analyst price target is $153.00 ,the lowest forecast is $119.00. The average price target represents 17.33% Increase from the current price of $116.88. Exxon Mobil's analyst rating consensus is a Moderate Buy. This is based on the ratings of 16 Wall Streets Analysts.

ExxonMobil last split its stock in 2001. As of mid-2024, the oil giant hadn't declared an upcoming stock split. While it's possible the company will split its stock again, it's unclear when or if that will occur.

Exxon currently has an average brokerage recommendation (ABR) of 1.87, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 23 brokerage firms. An ABR of 1.87 approximates between Strong Buy and Buy.

According to analysts, XOM price target is 131.59 USD with a max estimate of 156.00 USD and a min estimate of 110.00 USD.

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Exxon Mobil stock have an average target of 134.56, with a low estimate of 119 and a high estimate of 157. The average target predicts an increase of 17.44% from the current stock price of 114.58.

In Exxon Mobil's case, neither of these two reasons are at play right now, which makes me believe that a stock split is unlikely in the foreseeable future. Exxon Mobil's share price is not really high, and in fact, it was much higher in the past, at more than $100 per share.

Many value investors pay close attention to a company's earnings as well. For XOM, six analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.55 to $9.70 per share for 2024. Per share XOM boasts an average earnings surprise of 3.1%.

Should I hold my Exxon stock? ›

Exxon currently has an average brokerage recommendation (ABR) of 1.95, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 21 brokerage firms. An ABR of 1.95 approximates between Strong Buy and Buy.

The intrinsic value of one XOM stock under the Base Case scenario is 123.66 USD. Compared to the current market price of 116.32 USD, Exxon Mobil Corp is Undervalued by 6%.

At the end 109 dollars, change for August -7.6%. Exxon Mobil stock prediction for September 2024. The forecast for beginning 109 dollars. Maximum price 122, minimum 96.

Exxon Mobil's revenue is forecast to decline at 2.3% per annum while its annual earnings are expected to grow at 5.1% per year. EPS is expected to grow by 5.6% per annum. Return on equity is forecast to be 14.9% in 3 years.

ExxonMobil's top institutional shareholders are Vanguard Group Inc., BlackRock Inc., and State Street Corp. The company's market cap was about $523 billion in August 2024.

Analysts' expectations are how equity analysts predict that a company's financial situation and stock price should perform in the near- to mid-term. These expectations are based on fundamental analysis, an inspection of financial statements, and comparisons to peers and competitors.