(XOM | 24 April 2024) AI Stock Analysis & News

Exxon Mobil Corporation’s stock price is expected to decrease by 12.0% in the short-term, but increase by 0.9% in the long-term.

🔴 -12.0% short-term ⬇️
🟢 +0.9% long-term ⬆️

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 to issue quarterly earnings data on April 3rd, may boost investor confidence.
🔴 Piper Sandler raises price target to $145, indicating potential downside.
🟢 UBS Group increases price target to $150, showing optimism in stock performance.
🟢 Wells Fargo raises target price to $138, signaling positive outlook.
🔴 Mizuho maintains neutral rating, suggesting caution in the market.
🟢 Zenyatta Capital Management LP acquires new stake in Exxon Mobil, potential growth opportunity.

Exxon Mobil Corporation stock has seen a mix of positive and negative news recently, impacting investor sentiment and price expectations. While the upcoming quarterly earnings data release on April 3rd may boost confidence in the stock, some analysts have raised concerns about potential downside risks. However, with price targets being raised by UBS Group, Wells Fargo, and Scotiabank, there is still optimism surrounding Exxon Mobil’s performance.

Despite Mizuho maintaining a neutral rating and cautioning investors, the acquisition of a new stake by Zenyatta Capital Management LP indicates potential growth opportunities for the company. Overall, the stock may experience some volatility in the short term, but the long-term forecast remains relatively stable with a slight increase expected. Investors should closely monitor future developments and earnings reports to make informed decisions about their investments in Exxon Mobil Corporation.

XOM-Exxon Mobil Corporation Analyst Ratings

In recent analyst ratings for Exxon Mobil Corporation stock, we have seen some changes:

📉 Truist Financial raised their price target on Exxon Mobil (NYSE:XOM) from $140.00 to $146.00.
📈 TD Cowen increased their price target on Exxon Mobil (NYSE:XOM) from $115.00 to $120.00.
📉 Mizuho restated their neutral rating on Exxon Mobil (NYSE:XOM) with a target price of $125.00.

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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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