- Upcoming Earnings: The company is forecasted to report an EPS of $2.08, showcasing a 7.22% upward movement from the corresponding quarter of the prior year2. Revenue is expected to be $91.03 billion, up 9.79% from the prior-year quarter2.
- Market Sentiment: Despite a Zacks Rank of #4 (Sell), the average analyst price target suggests a positive outlook, with a 17.29% upside potential78.
In conclusion, while technical indicators and recent stock performance show a neutral stance, analyst ratings and price targets indicate a positive outlook for Exxon Mobil. The company's financial metrics suggest it is trading at a premium compared to the industry average, and its dividend yield makes it an attractive option for income-focused investors. However, investors should consider the potential downside risk indicated by the Zacks Rank of #4 (Sell).