HSBC Boosts Exxon Mobil (NYSE:XOM) Price Target to $158.00

20 Mar 2026, 13:40 by Michael Walen · The Markets Daily

Exxon Mobil (NYSE:XOM – Get Free Report) had its price objective increased by research analysts at HSBC from $135.00 to $158.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a “hold” rating on the oil and gas company’s stock. HSBC’s price target points to a potential downside of 0.12% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. Zacks Research upgraded shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. Mizuho lifted their price target on shares of Exxon Mobil from $140.00 to $162.00 and gave the company a “neutral” rating in a research note on Tuesday. Jefferies Financial Group upped their price objective on shares of Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. TD Cowen raised their target price on Exxon Mobil from $135.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. Finally, Morgan Stanley dropped their price target on Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating on the stock in a research note on Friday, January 23rd. Nine equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Exxon Mobil has an average rating of “Hold” and an average price target of $148.89.

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Exxon Mobil Price Performance

XOM stock opened at $158.19 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The firm has a market cap of $659.16 billion, a price-to-earnings ratio of 23.65, a PEG ratio of 1.23 and a beta of 0.35. The company’s fifty day simple moving average is $144.87 and its 200 day simple moving average is $125.84. Exxon Mobil has a 12-month low of $97.80 and a 12-month high of $160.45.

Exxon Mobil (NYSE:XOM – Get Free Report) last issued its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share 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 the consensus estimate of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.67 earnings per share. On average, analysts expect that Exxon Mobil will post 7.43 earnings per share for the current year.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 1,080 shares of the business’s stock in a transaction that occurred on 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 directly owned 17,124 shares of the company’s stock, valued at approximately $2,662,782. The trade was a 5.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last three months, insiders sold 11,460 shares of company stock worth $1,687,854. Insiders own 0.03% of the company’s stock.

Institutional Investors Weigh In On Exxon Mobil

Institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE grew its stake in shares of Exxon Mobil by 2.0% in the 4th quarter. Bank of America Corp DE now owns 75,152,366 shares of the oil and gas company’s stock worth $9,043,836,000 after acquiring an additional 1,457,560 shares in the last quarter. Norges Bank purchased a new position in Exxon Mobil during the fourth quarter worth about $7,625,063,000. Bank of New York Mellon Corp grew its position in Exxon Mobil by 1.2% in the 4th quarter. Bank of New York Mellon Corp now owns 46,605,353 shares of the oil and gas company’s stock worth $5,608,488,000 after purchasing an additional 531,362 shares in the last quarter. Northern Trust Corp increased its stake in Exxon Mobil by 1.0% in the 3rd quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock valued at $4,963,934,000 after buying an additional 445,283 shares during the last quarter. Finally, Franklin Resources Inc. lifted its holdings in Exxon Mobil by 7.4% during the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock worth $4,366,655,000 after acquiring an additional 2,660,910 shares during the period. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil News Summary

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

Positive Sentiment: Mizuho raised its price target on XOM to $162 (from $140), upgrading its oil-price outlook and lifting near-term upside expectations for Exxon. Mizuho Lifts Exxon Mobil (XOM) Price Target on Higher Oil Price Forecast
Positive Sentiment: Exxon is accelerating oil and gas project startups in Guyana (floating production facility nearly complete), which should boost future production growth and cash flow as high crude prices persist. Exxon accelerates oil, gas projects in Guyana amid high prices
Positive Sentiment: Shipping data show Exxon among firms sending record volumes of US fuels to Australia this month, reflecting demand/dislocation that supports refining margins and trading gains. Exxon, BP, Vitol ship most US fuels to Australia for a single month in three decades, traders say
Positive Sentiment: Analyst and media coverage highlights Exxon’s strong balance sheet and low leverage, which investors favor in volatile commodity/geo-political environments. What Primarily Makes ExxonMobil Resilient in Uncertain Times
Neutral Sentiment: Exxon announced a planned redomiciliation to Texas — a corporate-structure move that is unlikely to change fundamentals immediately but may have tax/governance implications to monitor. ExxonMobil Announces Planned Redomiciliation to Texas
Neutral Sentiment: A JV with Energean and Helleniq Energy is moving to exploration in a Greek offshore block — potential upside over the long term but exploratory and uncertain. Energean, ExxonMobil move to the next exploration phase in Greek offshore block
Neutral Sentiment: Market pieces note oil surged toward $120, creating volatility that can both lift energy revenues and weigh on broader equities — a mixed macro headwind/tailwind for Exxon. Review & Preview: Fog of War
Negative Sentiment: Damage to LNG facilities at Qatar’s Ras Laffan — including two LNG trains that are joint ventures with Exxon — cuts export capacity ~17%. Repairs could take 3–5 years and reduce near-term LNG volumes tied to Exxon partnerships, an operational and revenue risk. Gas Facility Damage Will Reduce Qatar’s Export Capacity by 17%

About Exxon Mobil

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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.