TD Cowen Issues Pessimistic Forecast for Exxon Mobil (NYSE:XOM) Stock Price

Exxon Mobil (NYSE:XOM) had its target price reduced by equities research analysts at TD Cowen from $175.00 to $172.00 in a research report issued to clients and investors on Friday. The firm currently has a “buy” rating on the oil and gas company’s stock. TD Cowen’s target price would suggest a potential upside of 10.88% from the company’s previous close.

A number of other research firms have also commented on XOM. 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 report on Tuesday, March 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Exxon Mobil in a report on Monday, December 29th. JPMorgan Chase & Co. raised their target price on shares of Exxon Mobil from $140.00 to $170.00 and gave the company an “overweight” rating in a research note on Thursday. Citigroup boosted their target price on shares of Exxon Mobil from $150.00 to $175.00 and gave the stock a “neutral” rating in a research report on Thursday, April 2nd. Finally, Morgan Stanley upped their price target on shares of Exxon Mobil from $134.00 to $172.00 and gave the company an “overweight” rating in a report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $159.20.

Exxon Mobil Stock Performance

Shares of NYSE XOM opened at $155.12 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. The firm has a market cap of $646.36 billion, a price-to-earnings ratio of 23.19, a P/E/G ratio of 0.99 and a beta of 0.29. The business’s 50-day simple moving average is $154.29 and its 200-day simple moving average is $131.10. Exxon Mobil has a 52 week low of $97.80 and a 52 week high of $176.41.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.08. The firm had revenue of $80.04 billion during the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The company’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 earned $1.67 EPS. As a group, equities research analysts expect that Exxon Mobil will post 7.43 earnings per share for the current fiscal year.

Insider Activity

In related news, VP Darrin L. Talley sold 1,080 shares of the business’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $155.50, for a total transaction of $167,940.00. Following the transaction, the vice president owned 17,124 shares of the company’s stock, valued at approximately $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have sold a total of 11,460 shares of company stock valued at $1,687,854 in the last 90 days. Company insiders own 0.03% of the company’s stock.

Institutional Trading of Exxon Mobil

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Berbice Capital Management LLC acquired a new position in Exxon Mobil in the 4th quarter valued at approximately $26,000. Midwest Capital Advisors LLC acquired a new stake in shares of Exxon Mobil during the 4th quarter worth approximately $27,000. E Fund Management Hong Kong Co. Ltd. grew its holdings in shares of Exxon Mobil by 456.1% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock worth $27,000 after purchasing an additional 187 shares in the last quarter. Key Capital Management INC bought a new stake in shares of Exxon Mobil during the fourth quarter valued at approximately $28,000. Finally, Nvest Wealth Strategies Inc. bought a new stake in shares of Exxon Mobil during the fourth quarter valued at approximately $32,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Exxon Mobil

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

• Positive Sentiment: JPMorgan issued a positive forecast and raised its view on XOM, signaling upside from a multi?quarter perspective and supporting buy-side interest. JPMorgan Forecast
• Positive Sentiment: TD Cowen reiterated a Buy on Exxon, highlighting attractive long?term free cash flow despite near?term earnings headwinds — a vote of confidence for investors focused on dividends and cash returns. TD Cowen Buy Rating
• Positive Sentiment: Erste Group raised earnings estimates for Exxon, reflecting some analyst optimism on underlying fundamentals and supporting higher medium?term EPS expectations. Erste Group Estimate Lift
• Neutral Sentiment: MarketBeat highlights surging global LNG demand (driven by Middle East disruptions) as a structural tailwind for U.S. LNG exporters — a sectormatic positive for energy but not a direct, immediate boost to XOM, which has more oil exposure than pure LNG plays. LNG Demand Article
• Neutral Sentiment: Operational update: Exxon plans spring and year?end overhauls at its Beaumont, Texas refinery — scheduled maintenance that can temporarily affect throughput but is routine for large refiners. Beaumont Overhauls
• Negative Sentiment: Exxon warned that Middle East disruptions (assets in Qatar/UAE) cut Q1 production and could hit upstream and downstream earnings — a direct near?term earnings headwind that pressured the stock after the ceasefire eased oil?price risk. Production Impact Warning
• Negative Sentiment: Wolfe Research cut its price target (and other outlets reported analyst downgrades), and several headlines noted the stock’s pullback after analysts re?priced risk — increasing short?term downside pressure as market liquidity reacts to earnings and geopolitical updates. Wolfe Research PT Cut Stock Down After Downgrade

About Exxon Mobil

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.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.