XOM

ExxonMobil

$165.11

-0.63%
Aug 21, 2026
Bobby Quantitative Model
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil worldwide, with a significant presence in natural gas and chemicals. As one of the world's largest refiners and a major producer of commodity and specialty chemicals, it holds a dominant position in the global energy sector. The current investor narrative centers on the company's resilience amid volatile oil prices, its 43-year dividend growth streak, and its strategic focus on high-return projects in the Permian Basin and Guyana, while also navigating geopolitical shifts and the long-term energy transition.

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XOM 12-Month Price Forecast

Historical Price
Current Price $165.11
Average Target $165.11
High Target $189.88
Low Target $140.34

Wall Street consensus

Most Wall Street analysts maintain a constructive view on ExxonMobil's 12-month outlook, with a consensus price target around $169.68 and implied upside of +2.8% versus the current price.

Average Target

$169.68

0 analysts

Implied Upside

+2.8%

vs. current price

Analyst Count

covering this stock

Price Range

$142 - $200

Analyst target range

The target price range spans from $142.00 (low) to $185.00 (high), indicating a wide spread of 30% from low to high, which signals moderate uncertainty. The high target of $185 implies a 15.5% upside, likely assuming continued operational excellence and favorable oil prices, while the low target of $142 suggests a downside of 11.3%, possibly pricing in a sharp oil price decline or margin compression. Recent ratings actions show a mix of upgrades (B of A Securities from Neutral to Buy) and reiterations, with no major downgrades, suggesting stable analyst sentiment.

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XOM Technical Analysis

ExxonMobil's stock is in a strong uptrend, with a 1-year price change of +49.1% and a YTD gain of +30.5%. The current price of $160.10 sits at 90.8% of its 52-week range (low $105.67, high $176.41), indicating the stock is trading near its highs, reflecting robust momentum and investor confidence. This positioning suggests the market is rewarding the company's operational performance and capital returns, though it also raises the risk of short-term overextension.

Beta

0.17

0.17x market volatility

Max Drawdown

-20.6%

Largest decline past year

52-Week Range

$108-$176

Price range past year

Annual Return

+51.2%

Cumulative gain past year

PeriodXOM ReturnS&P 500
1m+6.9%+2.5%
3m+6.6%+2.7%
6m+12.1%+11.1%
1y+51.2%+20.5%
ytd+34.6%+12.3%

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XOM Fundamental Analysis

ExxonMobil's revenue trajectory shows resilience, with Q1 2026 revenue of $83.16 billion, up 2.6% year-over-year, following a slight dip in Q4 2025 ($80.04 billion). The multi-quarter trend shows revenue stabilizing in the $80-83 billion range, with growth driven by strong upstream volumes and chemicals performance, partially offset by weaker refining margins. The company's ability to maintain revenue growth despite oil price volatility underscores its integrated business model and cost discipline.

Quarterly Revenue

$83.2B

2026-03

Revenue YoY Growth

+2.6%

YoY Comparison

Gross Margin

37.7%

Latest Quarter

Free Cash Flow

$18.8B

Last 12 Months

Revenue & Net Income Trends (2 Years)

Revenue Breakdown

Other Revenue
Chemical Products
Energy Products
Specialty Products
Upstream
Income From Equity Affiliates
Sales and Other Operating Revenue

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Valuation Analysis: Is XOM Overvalued?

Given ExxonMobil's positive net income, the PE ratio is the primary valuation metric. The trailing PE is 18.1x, while the forward PE is 15.0x, indicating the market expects earnings growth. The gap between trailing and forward PE suggests a modest growth outlook, consistent with the company's stable but not explosive earnings trajectory.

PE

18.1x

Latest Quarter

vs. Historical

High-End

5-Year PE Range 5x~20x

vs. Industry Avg

N/A

Industry PE ~N/A*

EV/EBITDA

8.2x

Enterprise Value Multiple