ExxonMobil (NYSE:XOM) Upgraded to Buy at Wall Street Zen

Posted by Geri Gentry on Oct 25th, 2026

Wall Street Zen upgraded shares of ExxonMobil (NYSE:XOM – Free Report) from a hold rating to a buy rating in a research report released on Saturday morning,Wall Street Zen reports.

XOM has been the subject of a number of other reports. JPMorgan Chase & Co. lifted their price target on shares of ExxonMobil from $158.00 to $166.00 and gave the company an “overweight” rating in a research report on Monday, August 3rd. Mizuho cut their price target on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating for the company in a research note on Thursday, July 9th. Wells Fargo & Company reissued an “equal weight” rating and set a $182.00 price target on shares of ExxonMobil in a research report on Thursday, October 1st. UBS Group restated a “buy” rating and set a $199.00 price objective on shares of ExxonMobil in a research note on Monday, October 19th. Finally, Weiss Ratings upgraded ExxonMobil from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $167.70.

Check Out Our Latest Research Report on XOM

ExxonMobil Price Performance

NYSE:XOM opened at $183.23 on Friday. ExxonMobil has a 52 week low of $112.51 and a 52 week high of $183.75. The firm has a market cap of $759.46 billion, a price-to-earnings ratio of 23.58, a P/E/G ratio of 0.92 and a beta of 0.21. The firm’s 50-day simple moving average is $165.80 and its 200 day simple moving average is $155.09. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.85 and a current ratio of 1.13.

ExxonMobil (NYSE:XOM – Get Free Report) last issued its quarterly earnings data on Friday, July 31st. The oil and gas company reported $3.52 earnings per share for the quarter, missing the consensus estimate of $3.56 by ($0.04). ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. The business had revenue of $114.53 billion during the quarter, compared to analyst estimates of $109.94 billion. During the same quarter last year, the firm earned $1.64 EPS. As a group, sell-side analysts predict that ExxonMobil will post 13.63 earnings per share for the current year.

ExxonMobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 17th were issued a dividend of $1.03 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.2%. ExxonMobil’s payout ratio is 53.02%.

Institutional Trading of ExxonMobil

Several institutional investors and hedge funds have recently modified their holdings of the business. NBT Bank N.A. acquired a new position in ExxonMobil during the 3rd quarter worth approximately $26,000. Aventus Investment Advisors Inc. acquired a new position in shares of ExxonMobil during the second quarter worth $27,000. Portus Wealth Advisors LLC acquired a new position in shares of ExxonMobil during the first quarter worth $36,000. Atlantic Private Wealth LLC lifted its stake in shares of ExxonMobil by 776.9% in the 1st quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company’s stock valued at $39,000 after acquiring an additional 202 shares during the last quarter. Finally, Financial Connections Group Inc. bought a new position in shares of ExxonMobil in the 1st quarter valued at $53,000. 61.80% of the stock is currently owned by institutional investors.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

Positive Sentiment: Upcoming earnings may provide support: Wall Street expects ExxonMobil to report year-over-year earnings growth next week, and Zacks says the company has factors that could support a potential earnings beat. Exxon Mobil Holdings Reports Next Week
Positive Sentiment: Analyst estimates moved higher: Erste Group raised its FY2027 EPS forecast to $11.81 from $11.12, signaling improving expectations for ExxonMobil’s future earnings power. ExxonMobil analyst estimate report
Positive Sentiment: Oil prices and upstream assets remain favorable: ExxonMobil’s low-cost Permian and Guyana operations are viewed as supporting production growth toward its 2030 ambitions. Higher crude prices, including Brent above $100 per barrel after Middle East attacks, have helped drive the stock’s recent gains. ExxonMobil long-term upstream production
Positive Sentiment: Dividend and balance-sheet appeal: ExxonMobil is highlighted among mega-cap companies with a long record of raising payouts through different economic and interest-rate environments. Analysts also cite its stronger balance sheet relative to BP, while momentum-focused coverage points to continued investor interest. Dividend stocks with long payout records
Neutral Sentiment: Valuation and relative-performance debate: ExxonMobil has substantially outperformed this year and compares favorably with BP on gains and financial strength, but analysts give Chevron an edge for further upside based on free cash flow, cost savings and projected 2026 earnings growth. Chevron versus ExxonMobil
Negative Sentiment: Illinois refinery disruption: An issue at ExxonMobil’s Joliet refinery is contributing to higher gasoline prices in the Chicago area and could pressure near-term refinery operations, although the wider market impact remains uncertain. Midwest pump prices surge after Illinois refinery disruption

ExxonMobil Company Profile

(Get Free Report)

Exxon Mobil Corporation, doing business as ExxonMobil (NYSE:XOM), is an integrated energy company engaged in the exploration, development, production, and sale of crude oil and natural gas. Its operations span the energy value chain, from resource development and refining to the marketing and distribution of fuels and other energy products.

Through its Energy Products segment, ExxonMobil manufactures and markets transportation fuels, lubricants, and other petroleum-based products. Its Chemical Products business produces petrochemicals, including commodity and performance products used in packaging, automotive components, construction materials, and consumer goods.