Exxon Mobil stock gains as oil tops 100 dollars and analysts lift targets

Published on 09/10/2026 at 15:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Exxon Mobil stock trades near USD 164 on September 9, 2026, with Brent crude above 96 dollars and year-to-date gains around 40 percent. Analysts now see an average target price near USD 167, with some houses moving toward USD 177 and USD 185.

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Exxon Mobil Corporation stock (ISIN US30231G1022) is trading near USD 164 in early September 2026, supported by sharply higher oil prices and solid recent earnings as of September 9, 2026.

Oil rally and stock performance

According to 247WallSt on September 9, 2026, Exxon Mobil shares are up about 40 percent year-to-date to USD 164.83, driven by Brent crude rising from the low USD 60 range to about USD 96 per barrel.

The same analysis notes that Exxon Mobil delivered USD 14,500,000,000 in earnings in the second quarter of 2026, underscoring how higher oil prices are feeding through to the bottom line in the latest reporting period.

Analyst targets and valuation context

Data compiled by MarketBeat on September 10, 2026 indicate that Exxon Mobil stock carries a consensus rating of Hold from 22 analysts, with ten Buy ratings and twelve Hold ratings and an average target price of USD 167.45 per share.

According to Yahoo Finance as summarized on September 3, 2026, Piper Sandler maintained a Neutral rating on Exxon Mobil but raised its price target from USD 158 to USD 185, moving its view materially higher in light of the stronger earnings and commodity environment.

A separate update from Futunn News on September 10, 2026 reports that Barclays analyst Betty Jiang continues to rate Exxon Mobil as Buy with a target price of USD 177, reinforcing the bullish stance among several major banks.

Earnings strength and risk factors

The second quarter 2026 earnings figure of USD 14,500,000,000 cited by 247WallSt for the period ended in the second quarter of 2026 shows how the company is translating a roughly 50 percent rise in Brent prices into double digit earnings and cash flow growth.

At the same time, the same article points out that some market participants are speculating about Exxon Mobil shares eventually reaching USD 200 if high oil prices persist, but it also highlights projections from the U.S. Energy Information Administration that Brent could ease back toward USD 79 by 2027, which would represent a roughly USD 17 decline from current levels and could pressure profit margins.

Stock level and market data

Per Edaily on September 10, 2026, Exxon Mobil shares traded at USD 163.74 on the New York Stock Exchange at 12:19 p.m. local time on September 9, 2026, up 1.92 percent or USD 3.08 versus the prior close.

Investor positioning is also evolving: filings cited by MarketBeat on September 10, 2026 show the National Pension Service increasing its stake in Exxon Mobil, while other institutional investors such as Blue Edge Capital and Tidal Investments have trimmed positions, illustrating mixed institutional views despite the strong share price run.

Stock price snapshot

As of September 9, 2026, the reference price for Exxon Mobil stock on the New York Stock Exchange stands around USD 164 per share in intraday trading, with the session move of approximately 1.9 percent illustrating how energy equities are responding to crude prices around USD 96 per barrel.