Morgan Stanley raises target for ExxonMobil stock from USD 177 to USD 185

Published on 10/16/2026 at 10:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley lifted its target to USD 185 on October 15, 2026. ExxonMobil stock costs EUR 155.16 on October 16, 2026.

Target update and earnings dates

Morgan Stanley lifted its ExxonMobil target to USD 185 on October 15, 2026.
ExxonMobil reported USD 114.53 billion in second-quarter 2026 revenue and USD 14.88 billion in net income.
ExxonMobil stock trades at EUR 155.16 at 10:30 a.m. CEST at Lang & Schwarz on October 16, 2026.
ExxonMobil is scheduled to report third-quarter results on October 30, 2026.

ExxonMobil, US30233Q1085, Illustration mit AI erstellt.

ExxonMobil (ISIN US30233Q1085) is trading at EUR 155.16 at Lang & Schwarz on October 16, 2026 at 10:30 a.m. CEST. Markets Insider reported on October 15, 2026 that Morgan Stanley raised its ExxonMobil price target from USD 177 to USD 185 while maintaining an Overweight rating.

Morgan Stanley raises its target

The analyst action gives ExxonMobil a fresh valuation reference before the company's third-quarter reporting. The new USD 185 target is 4.52 percent above the previous USD 177 target, a calculation based on the two figures reported by Morgan Stanley's note.

ExxonMobil reported USD 114.53 billion in revenue and USD 14.88 billion in net income for the second quarter of 2026. The same release listed USD 23.56 billion in operating cash flow and USD 3.48 in diluted earnings per share.

What comes before the results?

The next calendar marker is October 23, 2026, when MarketBeat lists a conference call at 6:30 a.m. ET. The company is scheduled to report third-quarter 2026 results on October 30, 2026, before the market opens, according to the same source.

Three events set the timeline

On March 31, 2026, ExxonMobil reported first-quarter revenue of USD 83.16 billion. On June 30, 2026, second-quarter revenue reached USD 114.53 billion and net income reached USD 14.88 billion, according to the company's investor-relations page. On October 15, 2026, Morgan Stanley raised its target from USD 177 to USD 185, as reported by Markets Insider.

Stock price and investor context

The current euro quotation places the German trading perspective alongside a company entering its next results cycle. ExxonMobil's second-quarter operating cash flow of USD 23.56 billion provides a separate cash-generation measure for investors assessing the upcoming report.

ExxonMobil was trading at EUR 155.16 at Lang & Schwarz on October 16, 2026 at 10:30 a.m. CEST.

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