ExxonMobil stock: Morgan Stanley lifts target to USD 185 for ExxonMobil stock
Published on 10/16/2026 at 17:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and quarterly date
- Morgan Stanley raised its ExxonMobil target to USD 185 on October 15, 2026.
- Second-quarter revenue reached USD 114.53 billion for the period ended June 30, 2026.
- ExxonMobil stock costs EUR 156.53 at Lang & Schwarz on October 16, 2026 at 5:05 p.m. CEST.
- ExxonMobil plans to publish third-quarter results on October 30, 2026.
Morgan Stanley raised its ExxonMobil target from USD 177.00 to USD 185.00 on October 15, 2026, while keeping an Overweight rating, according to Markets Insider. Against the USD 176.16 home-market price at 11:12 a.m. ET on October 16, 2026, the target is 5.02 percent higher. ExxonMobil stock was trading at EUR 156.53 at Lang & Schwarz at 5:05 p.m. CEST on October 16, 2026.
Revenue sets the operating baseline
ExxonMobil reported USD 114.53 billion in revenue for the second quarter ended June 30, 2026. Net income reached USD 14.88 billion, operating profit was USD 18.16 billion and diluted earnings per share came to USD 3.48 for the same period, according to ExxonMobil. Cash from operations totaled USD 23.56 billion in that quarter.
Price position and valuation
The USD 176.16 home-market price was below the 52-week high of USD 178.69 and above the 52-week low of USD 111.18 on October 16, 2026. Trading volume stood at 3,429,191 shares against an average volume of 13,677,632 shares. The market capitalization was USD 724.3 billion, with a P/E ratio of 22.69 and a dividend yield of 2.00 percent.
On October 16, 2026, Reuters reported that ExxonMobil had provided an earnings preview ahead of its scheduled third-quarter results. The company plans to publish those results on October 30, 2026, at approximately 5:30 a.m. CT, according to its regulatory disclosure reported by StockTitan.
Comparison with peers
ExxonMobil (NYSE, USD): P/E 22.69, market capitalization USD 724.3 billion
Chevron (NYSE, USD): plus 1.14 percent, P/E 21.27, market capitalization USD 438.3 billion
ConocoPhillips (NYSE, USD): plus 1.60 percent, P/E 19.06, market capitalization USD 173.0 billion
Next date for ExxonMobil
The October 30 results will give investors a new comparison with the USD 114.53 billion revenue and USD 14.88 billion net income reported for the second quarter. The Morgan Stanley target of USD 185.00 is the clearest recent analyst reference, but the price remains below that level in the home market.
Current euro quotation
ExxonMobil stock was trading at EUR 156.53 at Lang & Schwarz on October 16, 2026 at 5:05 p.m. CEST. The quote is an after-Xetra-close indication for investors in Germany.
The further course of trading is shown by the continuously updated real-time quote of ExxonMobil stock.
ExxonMobil stock facts
- Company: Exxon Mobil Corporation
- ISIN: US30233Q1085
- Ticker: XOM
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 16, 2026, 5:05 p.m. CEST: EUR 156.53
- Market capitalization: USD 724.3 billion (as of October 16, 2026)
- 52-week range: USD 111.18-178.69 (as of October 16, 2026)
- Sector / Industry: Energy / Oil and Gas Integrated
- Next earnings date: October 30, 2026
Market context: Market report S&P 500.
