TD Cowen raises target for ExxonMobil stock from USD 168 to USD 180
Published on 10/01/2026 at 16:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
ExxonMobil (ISIN US30233Q1085) was trading at EUR 144.88 at Lang & Schwarz on October 1, 2026 at 4:41 p.m. CEST, plus 0.86 percent versus the prior close of EUR 143.64. According to MarketBeat on September 28, 2026, TD Cowen raised its target for ExxonMobil stock from USD 168.00 to USD 180.00 and kept a Buy rating.
TD Cowen lifts its valuation view
The target change came in a third-quarter earnings preview, giving the analyst action a concrete operating context rather than making it a standalone valuation call. The USD 12.00 increase represents a 7.14 percent rise from the former target, calculated against USD 168.00.
ExxonMobil reported USD 14.5 billion in GAAP earnings, USD 14.7 billion in adjusted earnings and USD 23.6 billion in cash flow from operations for the second quarter of 2026. The company also reported more than 1.8 million barrels of oil-equivalent production per day from the Permian Basin in that period.
Second-quarter figures split the signal
MarketBeat reported adjusted earnings per share of USD 3.52 for the second quarter of 2026 against USD 3.56 consensus, while revenue reached USD 114.53 billion versus USD 109.94 billion expected. The comparison shows stronger revenue conversion than the earnings-per-share result, leaving the operating performance and margin mix central to the analyst debate.
ExxonMobil paid a quarterly dividend of USD 1.03 per share on September 10, 2026, equal to an annualized USD 4.12 per share and a 2.50 percent yield, according to MarketBeat.
October earnings date sets checkpoint
Gekko lists October 30, 2026 as ExxonMobil's next earnings date. The estimate gives investors a defined next checkpoint after the second-quarter figures and the latest target revisions.
NYSE quote remains below yearly high
At the NYSE, ExxonMobil was last at USD 163.74 on October 1, 2026 at 10:57 a.m. ET, in trading, with a market capitalization of USD 678.6 billion and a 52-week range of USD 110.39 to USD 176.41. The primary-exchange quote stood 7.18 percent below the 52-week high, while the euro reference price remained tied to the Lang & Schwarz session.
The further course of trading is shown by the continuously updated real-time quote of ExxonMobil stock.
ExxonMobil stock facts
- Company: ExxonMobil Holdings Corporation
- ISIN: US30233Q1085
- Ticker: XOM
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 1, 2026, 4:41 p.m. CEST): EUR 144.88
- Change versus prior close: plus 0.86 percent
- Prior close Lang & Schwarz (September 30, 2026): EUR 143.64
- Market capitalization: USD 678.6 billion (as of October 1, 2026)
- 52-week range: USD 110.39-176.41 (as of October 1, 2026)
- Sector / Industry: Energy / Oil and Gas Integrated
- Index membership: S&P 500
- Next earnings date: October 30, 2026
