Exxon Mobil stock price stood at $86.12 According to the latest long-term forecast, Exxon Mobil price will hit $100 by the end of 2022 and then $125 by the middle of 2023. Exxon Mobil will rise to $150 within the year of 2024, $200 in 2025, $250 in 2026 and $300 in 2028.
What is the average stock forecast for Exxon Mobil?
The average Exxon Mobil stock forecast represents a -18.01% decrease from the last price of $78.6699981689453. From AI system, total return is 3265.63% from 3141 forecasts.
Should you hold Exxon Mobil (Xom) stock?
The consensus among Wall Street research analysts is that investors should "hold" Exxon Mobil stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in XOM, but not buy additional shares or sell existing shares.
Is ExxonMobil investing too much of its oil profits?
Exxon further noted that it had invested well in excess of its oil profits over the past five years. The company reported that it spent $118 billion on new oil and gas supplies when it generated just $55 billion of net income. Furthermore, the company noted that when oil prices crashed in 2020, it lost more than $20 billion.
What are the expectations for ExxonMobil's (Xom) Q1 2022 earnings?
In its last earnings report on February 1, 2022, Exxon reported EPS of $2.05 versus consensus estimate of $1.96. For the current fiscal year, Exxon is expected to post earnings of $7.51 per share on $316.69 billion in revenues.
Is Exxon stock a good buy now?
The financial health and growth prospects of XOM, demonstrate its potential to outperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.
What is the target price for Exxon?
Stock Price TargetHigh$166.00Low$77.00Average$99.78Current Price$97.84
Is Exxon a buy sell or hold?
Exxon Mobil has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 10 buy ratings, 9 hold ratings, and 2 sell ratings.
What is the future of Exxon Mobil stock?
As per the chart presented above, Exxon Mobil thinks that the company's earnings should rise from $22.4 billion in FY 2021 to above $30 billion by FY 2027. Specifically, XOM's net profit is guided to increase by +100% between fiscal 2019 and FY 2025, prior to expanding by an additional +20% between FY 2025 and FY 2027.
Is XOM a buy in 2022?
On average, analysts forecast that XOM's EPS will be $10.26 for 2022, with the lowest EPS forecast at $8.83, and the highest EPS forecast at $11.89. On average, analysts forecast that XOM's EPS will be $9.14 for 2023, with the lowest EPS forecast at $4.99, and the highest EPS forecast at $12.08.
How high will Chevron stock go?
Stock Price Forecast The 26 analysts offering 12-month price forecasts for Chevron Corp have a median target of 182.00, with a high estimate of 213.00 and a low estimate of 147.00. The median estimate represents a +22.65% increase from the last price of 148.39.
What is the highest Exxon stock has been?
The all-time high Exxon stock closing price was 104.59 on June 08, 2022.
Is oil a good stock to buy?
Best Oil Stocks to Buy in 2022. Oil is one of the best-performing asset classes in 2022. In fact, since hitting lows of under $20 per barrel in 2020, oil has increased in value by over 1,000%. As such, now could be a great time to gain exposure to leading oil companies.
When did Exxon Mobil stock split?
The first split for XOM took place on July 26, 1976. This was a 2 for 1 split, meaning for each share of XOM owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. XOM's second split took place on June 12, 1981.
Is ExxonMobil a good long term investment?
It pays to own it. One thing investors can count on with ExxonMobil is its lucrative dividend payout. At 4.2%, ExxonMobil has one of the higher dividend yields of S&P 500 companies, and it has increased its yearly dividend payout for 39 consecutive years at an average of 6% annually.
Why should you invest in ExxonMobil?
Key Points. ExxonMobil is enjoying a bounce-back year. High oil prices are leading to enormous free cash flow. The company will return much of that cash to shareholders.
Has Exxon ever lost money?
Exxon Mobil reported its fourth consecutive quarterly loss on Tuesday as the pandemic continued to weigh on energy demand and oil and natural gas prices. In the worst year for the company in four decades, Exxon said it lost $22.4 billion in 2020, compared with a profit of $14.3 billion in 2019.
Is EXXON MOBIL Stock a good buy in 2022, according to Wall Street analysts?
The consensus among 14 Wall Street analysts covering ( NYSE : XOM ) stock is to Buy XOM stock. Out of 14 analysts , 6 ( 42.86% ) are reco...
What is XOM's earnings growth forecast for 2022-2024?
( NYSE : XOM ) EXXON MOBIL 's forecast annual earnings growth rate of 21.31% is not forecast to beat the US Oil & Gas Integrated industry's...
What is XOM's revenue growth forecast for 2022-2024?
( NYSE : XOM ) EXXON MOBIL 's forecast annual revenue growth rate of 6.19% is not forecast to beat the US Oil & Gas Integrated industry's a...
What is XOM's forecast return on assets (ROA) for 2022-2024?
(NYSE: XOM) forecast ROA is 9.49%, which is lower than the forecast US Oil & Gas Integrated industry average of 50.37%.
What is XOM's Price Target?
According to 14 Wall Street analyst s that have issued a 1 year XOM price target, the average XOM price target is $93.89 , with the highest...
What is XOM's Earnings Per Share (EPS) forecast for 2022-2024?
(NYSE: XOM) EXXON MOBIL's current Earnings Per Share (EPS) is $6.03. On average, analysts forecast that XOM's EPS will be $9.94 for 2022, with the...
What is XOM's forecast return on equity (ROE) for 2022-2024?
(NYSE: XOM) forecast ROE is 19.89%, which is considered weak.
Analyst price target for XOM
Based on 12 analyst s offering 12 month price targets for Exxon Mobil Corp.
XOM earnings per share forecast
What is XOM 's earnings per share in the next 2 years based on estimates from 8 analyst s?
XOM revenue forecast
What is XOM 's revenue in the next 2 years based on estimates from 4 analyst s?
XOM revenue growth forecast
How is XOM forecast to perform vs Oil & Gas Integrated companies and vs the US market?
XOM : Exxon Mobil stock forecast by Wall Street Analysts
The average Exxon Mobil stock forecast from last 6 month is $64.5, and this show a -4.8% decrease in average from the prior price target of the each prediction. Also, this average forecast of $64.5 represents a -1.06% decrease from the past average forecast of $65.19, 6 months ago from 13 wall street analysts.
Frequently Asked Questions about Exxon Mobil stock forecast
From Exxon Mobil stock forecast , Exxon Mobil (XOM) stock cannot be a good investment choice. According to AI Pickup, the Exxon Mobil stock price forecast for 2022 Mar. is $76.9854797713452
Exxon Mobil Corp Stock Forecast
Over the next 52 weeks, Exxon Mobil Corp has on average historically risen by 7.5 % based on the past 48 years of stock performance.
Will Exxon Mobil Corp Stock Go Up Next Year?
Over the next 52 weeks, Exxon Mobil Corp has on average historically risen by 7.5% based on the past 48 years of stock performance.
Exxon Mobil Corp Stock Price History
Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish and XOM is experiencing slight selling pressure.
Stock Predictions
Is Exxon Mobil Corp stock public? Yes, Exxon Mobil Corp is a publicly traded company.
NYSE: XOM
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Oil and natural gas markets have become challenging
ExxonMobil ( XOM -2.26% ) stock has generated steady dividend income for millions of investors over the years, so it isn't surprising that it still has many fans, despite its lackluster share price performance. Over the last 10 years, ExxonMobil stock has generated a total return of 11.6%, compared to 372% for the S&P 500 Index.
Demand for oil is not going away
The International Energy Agency estimates that the global demand for oil could rise to 104.1 million barrels per day in 2026 from an estimated 96.5 million barrels per day in 2021. It expects market demand to start plateauing from 2030 onwards. Road transport accounted for 60% of oil demand growth in the last decade.
Challenges ahead for ExxonMobil
Then there's the bearish part of the argument: ExxonMobil's net income and EBITDA have been on downward trends for the past decade.
ExxonMobil stock may continue to underperform
Yet ExxonMobil may not return to earnings growth at the levels it delivered during the shale boom. This is partly because oil demand growth is expected to decelerate. Even if higher commodity prices and stable demand allow the company to reduce its debt and sustain its dividend payments, its gains on the bottom line would likely be limited.
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