Exxon Stock Target Price and Analyst Consensus

XOM Stock  USD 112.30  1.03  0.93%   
The current analyst and expert consensus on Exxon is Buy with 6 buy recommendations. The current projected Exxon target price consensus is 121.1, with 26 analyst opinions. The most common way Exxon Mobil Corp analysts use to provide public buy-or-sell recommendation is financial statements analysis. They also talk to Exxon executives, vendors, and/or customers. Exxon buy-or-sell recommendation module provides average expert sentiment on the projected Exxon Mobil Corp target price to derive its highest and lowest estimates based on target price estimated volatility of 0.0. Check out Macroaxis Advice on Exxon to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
110.2
Highest Forecast
134.42
Target Price
121.1
At this time, Exxon's Gross Profit is very stable compared to the past year. As of the 19th of March 2024, Gross Profit Margin is likely to grow to 0.42, while Pretax Profit Margin is likely to drop 0.09. At this time, Exxon's Inventory is very stable compared to the past year. As of the 19th of March 2024, Other Current Assets is likely to grow to about 2.9 B, while Other Current Liabilities is likely to drop about 22.8 B.
  
It's important to approach Exxon's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Exxon Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Exxon target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Exxon's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   26  Buy
Most Exxon analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Exxon stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Exxon Mobil Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Exxon Target Price Projection

Exxon's current and average target prices are 112.30 and 121.10, respectively. The current price of Exxon is the price at which Exxon Mobil Corp is currently trading. On the other hand, Exxon's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Exxon Market Quote on 19th of March 2024

Low Price111.1Odds
High Price112.86Odds

112.3

Target Price

Analyst Consensus On Exxon Target Price

Low Estimate110.2Odds
High Estimate134.42Odds

121.1

Historical Lowest Forecast  110.2 Target Price  121.1 Highest Forecast  134.42
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Exxon Mobil Corp and the information provided on this page.

Exxon Analyst Ratings

Exxon's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Exxon stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Exxon's financials, market performance, and future outlook by experienced professionals. Exxon's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Exxon price targets

Exxon's stock target price is an estimate of its future price, usually made by analysts. Using Exxon's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Exxon's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Exxon's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Exxon Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Exxon is a key component of Exxon valuation and have some predictive power on the future returns of a Exxon.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Exxon's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Exxon in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
111.04112.18113.32
Details
Intrinsic
Valuation
LowRealHigh
101.07118.96120.10
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.892.082.73
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Exxon. Your research has to be compared to or analyzed against Exxon's peers to derive any actionable benefits. When done correctly, Exxon's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Exxon Mobil Corp.

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When determining whether Exxon Mobil Corp is a strong investment it is important to analyze Exxon's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Exxon's future performance. For an informed investment choice regarding Exxon Stock, refer to the following important reports:
Check out Macroaxis Advice on Exxon to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running Exxon's price analysis, check to measure Exxon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Exxon is operating at the current time. Most of Exxon's value examination focuses on studying past and present price action to predict the probability of Exxon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exxon's price. Additionally, you may evaluate how the addition of Exxon to your portfolios can decrease your overall portfolio volatility.
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The data published in Exxon's official financial statements usually reflect Exxon's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Exxon Mobil Corp. For example, before you start analyzing numbers published by Exxon accountants, it's critical to develop an understanding of what Exxon's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Exxon's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Exxon's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Exxon's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Exxon Mobil Corp. Please utilize our Beneish M Score to check the likelihood of Exxon's management manipulating its earnings.