ExxonMobil stock: UBS raises target for ExxonMobil stock from USD 185 to USD 199

Published on 10/20/2026 at 15:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ExxonMobil booked USD 14.50 billion in GAAP earnings for Q2 2026. ExxonMobil stock trades at EUR 159.89 on October 20, 2026 at 3:34 p.m. CEST.

Analyst target and earnings

UBS raised its ExxonMobil target from USD 185.00 to USD 199.00 on October 19, 2026.
ExxonMobil reported USD 14.50 billion in GAAP earnings for the second quarter of 2026.
ExxonMobil stock stood at EUR 159.89 at Lang & Schwarz on October 20, 2026 at 3:34 p.m. CEST.
Third-quarter 2026 results are scheduled for October 30, 2026.

ExxonMobil, US30233Q1085, Illustration mit AI erstellt.

UBS raised its price target for ExxonMobil from USD 185.00 to USD 199.00 on October 19, 2026, while keeping a Buy rating, according to Investing.com. At Lang & Schwarz, ExxonMobil was trading at EUR 159.89 on October 20, 2026 at 3:34 p.m. CEST.

UBS lifts its earnings estimate

The research firm also raised its estimate for ExxonMobil's third-quarter 2026 earnings per share to USD 4.14 from USD 3.27, above the USD 3.84 consensus cited in the report. UBS linked the revision to stronger refining margins, giving the analyst call a direct earnings angle.

ExxonMobil's latest reported quarter provides a concrete benchmark. For the second quarter of 2026, revenue was USD 114.53 billion and GAAP net income was USD 14.88 billion, while operating profit reached USD 18.16 billion, according to ExxonMobil. Operating cash flow for the quarter was USD 23.56 billion.

What does the USD 199 target imply?

Against the USD 178.27 NYSE quote at 9:42 a.m. EDT on October 20, 2026, UBS's target implies 11.63 percent upside. That calculation uses the same home-exchange currency and places the target above the latest US quote, although the euro quotation remains the required German-market reference.

Price position and valuation

The NYSE quote stood between ExxonMobil's 52-week low of USD 111.99 and high of USD 180.05 on October 20, 2026. The latest USD 178.27 quote was 0.99 percent below the high. Market capitalization was USD 733.0 billion, the price-to-earnings ratio was 23.04, and the trailing dividend yield was 2.00 percent on the same date.

Results date is October 30

ExxonMobil lists October 30, 2026 for its third-quarter 2026 financial results and earnings call. The company reported second-quarter results for the period ended June 30, 2026, making the October release the next scheduled update for revenue, earnings and cash flow.

Investor view

The market setup combines a high valuation reference with rising analyst expectations. UBS's USD 199 target and the USD 4.14 third-quarter earnings estimate are the clearest numerical signals, while ExxonMobil's USD 23.56 billion second-quarter operating cash flow offers a cash-generation benchmark.

The further course of trading is shown by the continuously updated real-time quote of ExxonMobil stock.