Exxon Mobil (XOM) Named Among 11 Best Energy Stocks for Dividends in 2026, Price Target Raised to $133
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 14h ago
0mins
Source: Yahoo Finance
- Price Target Increase: JPMorgan analyst Arun Jayaram raised Exxon Mobil's price target from $124 to $133 while maintaining an 'Overweight' rating, reflecting a reassessment of the company's valuation and indicating market confidence in its future performance.
- Earnings Outlook Decline: Exxon expects upstream earnings to fall by as much as $1.2 billion in Q4 compared to the previous quarter due to low oil prices, highlighting challenges the company faces in the current market environment, which may impact investor confidence.
- Industry Outlook Analysis: While the oil sector suffers from oversupply issues, JPMorgan sees a more constructive outlook for the downstream sector, suggesting that U.S. oil majors are more attractive than their Canadian counterparts amid rising geopolitical tensions, potentially attracting more investment.
- AI Stock Comparison: Although Exxon Mobil is viewed as a potential investment, analysts note that certain AI stocks offer greater upside potential and carry less downside risk, indicating that investors should carefully consider opportunities in other sectors when making investment decisions.
Analyst Views on XOM
Wall Street analysts forecast XOM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for XOM is 132.17 USD with a low forecast of 114.00 USD and a high forecast of 158.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
19 Analyst Rating
12 Buy
7 Hold
0 Sell
Moderate Buy
Current: 133.610
Low
114.00
Averages
132.17
High
158.00
Current: 133.610
Low
114.00
Averages
132.17
High
158.00
About XOM
Exxon Mobil Corporation is an energy provider and chemical manufacturer. The Company’s principal business involves exploration for, and production of, crude oil and natural gas; the manufacture, trade, transport and sale of crude oil, natural gas, petroleum products, petrochemicals and a wide variety of specialty products; and pursuit of lower-emission and other new business opportunities, including carbon capture and storage, hydrogen, lower-emission fuels, Proxxima systems, carbon materials, and lithium. Its Upstream segment explores for and produces crude oil and natural gas. The Energy Products, Chemical Products, and Specialty Products segments manufacture and sell petroleum products and petrochemicals. Energy Products segment includes fuels, aromatics, and catalysts and licensing. Chemical Products segment consists of olefins, polyolefins, and intermediates. Specialty Products segment includes finished lubricants, basestocks and waxes, synthetics, and elastomers and resins.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
