Exxon Mobil’s stock price is expected to decrease by 12.0% in the short-term and increase by 1.3% in the long-term.
🔴 -12.0% short-term forecast
🟢 +1.3% long-term forecast
Stock AI’s (XOM) Forecast get (+11.9% Profit)
StockAI’s analysis delivers real-world results. On 08 March 2024, $XOM ($108.0), StockAI predicted a long-term 🟢 buy signal. It was accurate: 1 month later price increased to $120.8 (🟢11.9%). Buying XOM on this signal yielded a +11.9% profit 💰💰.
XOM-Exxon Mobil Corporation News
🔴 Exxon Mobil is scheduled to issue its quarterly earnings data before the market opens on Friday, April 26th. Analysts expect the company to announce earnings of $2.12 per share for the quarter.
🟢 Piper Sandler raised the price target for Exxon Mobil from $130.00 to $145.00, with an overweight rating on the stock.
🔴 UBS Group increased the price target for Exxon Mobil from $133.00 to $150.00, maintaining a buy rating on the stock.
🔴 Mizuho reiterated their neutral rating on Exxon Mobil, with a target price of $125.00.
🟢 Scotiabank raised Exxon Mobil’s price target from $114.00 to $129.00, with a sector perform rating.
🟢 Wells Fargo & Company increased their target price for Exxon Mobil from $126.00 to $138.00, with an overweight rating.
Exxon Mobil Corporation stock has seen a mix of positive and negative news recently, with analysts raising price targets and maintaining ratings, while also expressing some caution with neutral ratings. The upcoming quarterly earnings report will be a key factor in determining the stock’s direction. The positive news from Piper Sandler, UBS Group, Scotiabank, and Wells Fargo & Company may help bolster investor confidence and push the stock price higher. However, the neutral rating from Mizuho could lead to some uncertainty in the market. Overall, the stock is expected to see some volatility in the short term, but the long-term forecast remains positive. Investors should keep a close eye on the earnings report and analyst updates to make informed decisions about their investments in Exxon Mobil.
XOM-Exxon Mobil Corporation Analyst Ratings
In recent analyst ratings for Exxon Mobil Corporation stock, there have been some notable changes:
📉 Piper Sandler raised their price target on XOM from $130.00 to $145.00.
📈 UBS Group increased their price target on XOM from $133.00 to $150.00.
📉 Mizuho maintained their neutral rating on XOM with a target price of $125.00.
📈 Scotiabank raised their price target on XOM from $114.00 to $129.00.
📉 Wells Fargo & Company increased their target price on XOM from $126.00 to $138.00.
Sources:
1. Forbes
2. ETF Daily News
3. ETF Daily News
4. ETF Daily News
5. ETF Daily News
Disclaimer
Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.
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