Exxon Mobil stock gained 1.21 percent as TD Cowen lifted its target

Published on 09/29/2026 at 08:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Exxon Mobil stock drew a USD 180.00 target from TD Cowen on September 28, 2026. Quarterly revenue reached USD 114.53 billion while EPS missed consensus by USD 0.04.

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Exxon Mobil (ISIN US30231G1022) stock was trading at USD 162.53 on the NYSE on September 28, 2026 at 3:59 p.m. ET, up 1.21 percent from the prior close of USD 160.59. The immediate catalyst was an analyst target increase, while the latest quarterly figures show revenue ahead of estimates and earnings below consensus.

TD Cowen lifts its target

According to MarketBeat on September 28, 2026, TD Cowen raised its Exxon Mobil price target from USD 168.00 to USD 180.00 and maintained a Buy rating. The new target stands USD 17.47 above the September 28 trading price, giving the analyst call a clear numerical reference.

The broader view is less one-sided. MarketBeat reported that 12 analysts rated the stock Buy and 13 rated it Hold, with a consensus target of USD 164.78, only USD 2.25 above the reference price.

Revenue beats while EPS misses

MarketBeat reported on September 28, 2026 that Exxon Mobil's latest quarterly results included USD 114.53 billion in revenue against USD 109.94 billion expected. The USD 4.59 billion revenue gap contrasts with adjusted earnings per share of USD 3.52, which missed the USD 3.56 consensus by USD 0.04.

The company also disclosed a quarterly dividend of USD 1.03, equal to USD 4.12 on an annualized basis, with the payment made on September 10, 2026, according to MarketBeat. That combination places operating performance and shareholder distributions beside the analyst debate over how much upside the stock already reflects.

Stock remains below its yearly high

Exxon Mobil's September 28 reference price was USD 13.88 below the 52-week high of USD 176.41 and USD 52.14 above the 52-week low of USD 110.39. The stock's market capitalization stood at USD 673.6 billion, while volume reached 12,794,297 shares on the same session.

For investors, the key tension is visible in the numbers: revenue exceeded consensus by USD 4.59 billion, yet adjusted EPS missed by USD 0.04. The USD 180.00 TD Cowen target therefore sits well above the USD 164.78 consensus, while the latest price remains below both reference levels.

Exxon Mobil stock snapshot

Exxon Mobil stock was last at USD 162.53 on the NYSE on September 28, 2026 at 3:59 p.m. ET, with a 1.21 percent daily gain and a market capitalization of USD 673.6 billion.