Wolfe Research Cuts Exxon Mobil (NYSE:XOM) Price Target to $153.00

Exxon Mobil (NYSE:XOM) had its price objective cut by equities researchers at Wolfe Research from $158.00 to $153.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the oil and gas company’s stock. Wolfe Research’s price objective indicates a potential downside of 0.93% from the stock’s previous close.

Other analysts have also issued research reports about the company. Morgan Stanley lifted their price objective on Exxon Mobil from $134.00 to $172.00 and gave the stock an “overweight” rating in a report on Friday, March 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Exxon Mobil in a report on Monday, December 29th. UBS Group reaffirmed a “buy” rating and issued a $171.00 price objective on shares of Exxon Mobil in a report on Monday, February 2nd. Wells Fargo & Company cut their price objective on Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating for the company in a report on Monday, February 2nd. Finally, Scotiabank raised Exxon Mobil to a “strong-buy” rating in a report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Exxon Mobil currently has a consensus rating of “Moderate Buy” and a consensus price target of $152.42.

Exxon Mobil Stock Down 5.8%

Shares of Exxon Mobil stock traded down $9.48 on Wednesday, reaching $154.43. The company’s stock had a trading volume of 17,143,793 shares, compared to its average volume of 22,637,230. The company has a market capitalization of $643.48 billion, a price-to-earnings ratio of 23.07, a P/E/G ratio of 1.11 and a beta of 0.29. The firm’s fifty day simple moving average is $153.63 and its two-hundred day simple moving average is $130.76. Exxon Mobil has a 52 week low of $97.80 and a 52 week high of $176.41. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13.

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

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 1,080 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was 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 owned 17,124 shares of the company’s stock, valued at approximately $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders sold a total of 11,460 shares of company stock worth $1,687,854 over the last three months. Insiders own 0.03% of the company’s stock.

Institutional Investors Weigh In On Exxon Mobil

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. ICW Investment Advisors LLC raised its stake in Exxon Mobil by 0.3% during the 4th quarter. ICW Investment Advisors LLC now owns 25,286 shares of the oil and gas company’s stock worth $3,043,000 after acquiring an additional 69 shares during the period. Fortis Capital Management LLC raised its stake in Exxon Mobil by 2.0% during the 4th quarter. Fortis Capital Management LLC now owns 3,603 shares of the oil and gas company’s stock worth $434,000 after acquiring an additional 70 shares during the period. Peoples Bank OH raised its stake in Exxon Mobil by 0.5% during the 4th quarter. Peoples Bank OH now owns 14,993 shares of the oil and gas company’s stock worth $1,804,000 after acquiring an additional 71 shares during the period. Paulson Wealth Management Inc. raised its stake in Exxon Mobil by 1.0% during the 4th quarter. Paulson Wealth Management Inc. now owns 7,368 shares of the oil and gas company’s stock worth $887,000 after acquiring an additional 72 shares during the period. Finally, Peirce Capital Management LLC raised its holdings in Exxon Mobil by 1.7% during the fourth quarter. Peirce Capital Management LLC now owns 4,292 shares of the oil and gas company’s stock valued at $516,000 after acquiring an additional 72 shares during the period. Institutional investors own 61.80% of the company’s stock.

Key Headlines Impacting Exxon Mobil

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

• Positive Sentiment: Wolfe Research reiterated a Buy on Exxon, arguing reported accounting EPS noise masks improving core earnings and long‑term oil upside. Exxon Mobil: Accounting-Driven EPS Noise Masks Improving Core Earnings and Long‑Term Oil Upside
• Positive Sentiment: Erste Group raised FY2026 and FY2027 EPS estimates for Exxon, signaling some analysts see stronger earnings power longer term. Analyst Estimate Update (Marketbeat)
• Positive Sentiment: Exxon told investors higher oil and gas prices tied to the U.S.–Iran war could boost Q1 upstream earnings by up to $2.9B and support downstream margins in later quarters — a potential offset to the production loss. Exxon signals Q1 upstream profit bump from Iran war, downstream boost later quarters
• Positive Sentiment: Helium supply disruptions (Qatar) tighten markets; Exxon’s LaBarge helium business is a strategic positive that could add non‑oil upside and was cited by analysts as a benefit. Helium Stocks Soar on Conflict and Chip Demand
• Neutral Sentiment: Reports of a U.S.–Iran two‑week ceasefire lifted futures pre‑market, which could reduce some oil risk premium if sustained — a mixed signal for majors (easing geopolitical risk but potentially lower near‑term oil prices). US-Iran Ceasefire, Potential Reopening of Hormuz Lift US Equity Futures Pre-Bell
• Negative Sentiment: Exxon’s regulatory update said disruptions in Qatar and the UAE reduced Q1 global oil‑equivalent production by an estimated ~6% vs. Q4 2025, prompting investor concern about near‑term supply and revenue. ExxonMobil shares fall as Middle East production setbacks weigh on outlook
• Negative Sentiment: Company caution that Middle East disruptions could cut Q1 upstream earnings by $300M–$500M and energy products (downstream) by up to $300M likely triggered the sell‑off as traders focus on immediate earnings risk. Why Is Exxon Mobil Stock Falling Today?
• Negative Sentiment: Some outlets report larger downstream and asset damage estimates (claims of material hits to Qatar assets and broader Gulf operations), amplifying near‑term downside fears. Exxon Mobil (XOM) Stock Plunges 6% as Iran Conflict Slashes Gulf Operations

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.