Exxon Mobil Corporation (XOM) Stock Forecast & Price Prediction 2024, 2025, 2030, 2040, and 2050
Track Exxon Mobil Corporation (XOM) stock performance with short-term forecasts for 2024 and long-term XOM price prediction till 2050. Review historical trends, get analyst Buy/Sell/Hold ratings, and stay updated with the latest Exxon Mobil Corporation headlines.
1 Month Prediction
$121.11 [0.00%]
3 Month Prediction
$127.28 [5.09%]
6 Month Prediction
$143.03 [18.10%]
1 Year Prediction
$141.51 [16.85%]
3 Year Prediction
$164.07 [35.47%]
5 Year Prediction
$182.21 [50.45%]
About Exxon Mobil Corporation
Exxon Mobil Corp is a prominent global oil and gas company, which produces crude oil and natural gas, manufactures petroleum products, chemicals, and lubricants. In fact, Exxon is among the world’s largest publicly traded energy companies. The company was formed in 1870 when Rockefeller and his partners formed the Standard Oil Company. Over time, through various mergers with companies like Exxon, Mobil, Esso, and XTO Energy, it evolved into ExxonMobil.
Here are some major achievements and milestones of the company:
- It is one of the world’s largest refiners and marketers of petroleum products.
- The company has been paying dividends consistently for over 100 years, since 1882.
- It developed the globally recognized Exxon and Mobil brands starting in 1911.
- Exxon Mobil is not only a Fortune 500 company but also a constituent of the Dow Jones Industrial Average.
Furthermore, Exxon Mobil is ranked among the top 10 global companies in terms of revenue.
Exxon Mobil Corporation (XOM) Historical Performance
IPO Date
Exxon Mobil Corporation (NYSE:XOM) went public on 13 January, 1978.
Change
Since inception, XOM has increased by 8,383.15%. In the last 5 years, XOM has risen from $55.20 to $121.11, a massive 119.39% increase since 2019.
Historical Highs and Lows
In the past 5 years, the stock reached a high of $121.11 and a low of $27.21.
52 Week Range
$95.77
$126.34
The current price $121.11 is near the 52-week high, which means that the stock is overbought.
XOM Stock Price History
Based on XOM stock's historical price data, this table shows how the stock has performed in the last 6 years. Since 2018, the XOM stock has risen from $52.82 - $61.68 to $100.24 - $121.11, which is up 121.14%. Currently, the stock follows upward trend.
Here, we have calculated stock range of XOM, indicating the highs and lows for each year, the average price based on the daily closing prices each year, and the change% from the average price.
| Year | Stock Price | Avg Price | Change% | Year Change |
|---|---|---|---|---|
| 2019 | $52.82 - $61.68 | $56.49 | 9.73 | 1 Year Change |
| 2020 | $27.21 - $49.14 | $35.05 | -31.91 | 2 Year Change |
| 2021 | $38.31 - $57.69 | $50.62 | -1.67 | 3 Year Change |
| 2022 | $68.88 - $104.13 | $86.08 | 67.21 | 4 Year Change |
| 2023 | $97.07 - $113.6 | $104.28 | 102.57 | 5 Year Change |
| 2024 | $100.24 - $121.11 | $113.84 | 121.14 | 6 Year Change |
XOM Price Performance
6-Month Performance
XOM stock jumped by 6.05% in the last six months.
1-Year Performance
The stock has trended upwards by 24.25% in the past year.
3-Year Performance
In the last 3 years, the stock has soared by 118.27%.
5-Year Performance
In the last 5 years, the stock has gone up by 119.39%.
According to Exxon Mobil Corporation's historical data, below graph gives us the exact picture of how the XOM stock has performed year-over-year. Here, Each bar on the graph represents a particular year that illustrates how the stock's price changed from one year to the next.
YoY Performance
In the last five years, the stock has shown positive growth in 3 years and a decline in 2 years.
2019
7.23% ↑
2020
36.21% ↓
2021
57.58% ↑
2022
87.41% ↑
2023
6.26% ↓
NOTE: Green bars indicate that the stock has risen compared to the previous year, while red bars show that the stock has fallen.
Exxon Mobil Corporation (XOM) Financials & Stock Analysis
Total Revenue
Quarterly Revenue: $87.79 B (Q3)
Revenue for Q3 ending 30th September, 2024 decreased 2.44% compared to Q2 ending 30th June, 2024.
Annual Revenue: $339.88 B (1Y)
Revenue for trailing 12 months increased 1.55% year over year from 31st December, 2023.
If compared to the last 4 years, the revenue has gone up from $178.57 billion to $339.88 billion, a 90.33% change.
Market Capitalization
Exxon Mobil Corporation has a market capitalization of $532.29B, which places XOM in the mega-cap category.
Fundamental Analysis
EPS: $1.92 (Q3), $8.89 (1Y)
EPS decreased 10.28% since last quarter, and decreased 32.96% since last year.
Net Income: $8.61 B (Q3), $36.01 B (1Y)
Net Income decreased 6.82% since last quarter, and decreased 35.40% since last year.
Free Cash Flow: $11.41 B (Q3), $33.45 B (1Y)
Free Cash Flow increased 163.79% since last quarter, and decreased 42.71% since last year.
Net Profit Margin: 9.81% (Q3), 10.60% (1Y)
Net Profit Margin decreased 4.49% since last quarter, and decreased 36.38% since last year.
Below, we have listed 12 key indicators for Fundamental analysis for XOM stock. These indicators help you understand Exxon Mobil Corporation's financial health, earnings and growth potential, and make a decision if the stock is a good long-term investment or not.
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Technical Analysis
Here, we have listed 5 key indicators for Technical Analysis for XOM stock. These indicators help investors study past price movements and trading volumes to forecast future price changes, and find the right time when to buy, sell or hold the stock.
| Technical Indicators | Value |
|---|---|
| SMA20 | $119.55 |
| SMA50 | $117.90 |
| SMA200 | $113.54 |
| RSI | 54.03 |
| Beta | 0.88 |
SMA20 < Current Price
This signals XOM stock is in short-term bullish momentum.
SMA50 < Current Price
This signals XOM stock is in mid-term bullish momentum.
SMA200 < Current Price
This signals XOM stock is in long-term bullish momentum.
Sentiment Based on Technical Analysis
Based on 8 technical analysis indicators, the overall sentiment for XOM stock is Bullish. Out of all indicators, 4 indicates bullish signals, 2 signals bearish trends and 3 gives neutral trends. The XOM stock forecast was last updated on 10 November, 2024.
Exxon Mobil Corporation (XOM) Stock Price Prediction and Forecast
According to short-term forecast, the stock is expected to rise to $121.11 by the end of 2024, and can reach around $138.65 to $155.04 in 2025. And, the long-term forecast suggests that the stock may further jump to $165.06 - $175.97 in 2027, and $206.63 - $195.67 by 2030. So, the XOM stock shows a strong upward trend in the next several years.
Short-term XOM Stock Price Prediction & Forecast
| Date | Forecasted Price | Change% |
|---|---|---|
| 2024-12 | $121.11 | 0.0% |
In 2024, the XOM stock price is expected to fluctuate between $121.11 and $121.11. According to the monthly forecast, the stock could rise to $121.11 by December 2024. If compared to the XOM's current price, the stock could gain 0.0% by the end of this year.
Long-term XOM Stock Price Prediction & Forecast
| Year | Year Start | Year Mid | Year End | Change% |
|---|---|---|---|---|
| 2025 | $138.65 | $162.55 | $155.04 | 28.02% |
| 2026 | $153.96 | $161.45 | $184.00 | 51.93% |
| 2027 | $165.06 | $162.96 | $175.97 | 45.3% |
| 2028 | $169.19 | $188.08 | $179.79 | 48.45% |
| 2029 | $181.98 | $213.83 | $189.83 | 56.74% |
| 2030 | $206.63 | $186.44 | $195.67 | 61.56% |
| 2031 | $183.81 | $227.13 | $212.56 | 75.51% |
| 2032 | $212.59 | $204.12 | $225.28 | 86.01% |
| 2033 | $206.34 | $243.42 | $202.39 | 67.11% |
| 2034 | $227.78 | $233.80 | $231.25 | 90.94% |
| 2035 | $227.48 | $255.14 | $225.34 | 86.06% |
| 2036 | $225.57 | $283.72 | $279.77 | 131.0% |
| 2037 | $269.13 | $280.54 | $269.37 | 122.42% |
| 2038 | $243.36 | $281.38 | $273.69 | 125.98% |
| 2039 | $253.65 | $267.67 | $271.44 | 124.13% |
| 2040 | $280.59 | $309.49 | $274.42 | 126.59% |
| 2041 | $318.15 | $293.22 | $308.39 | 154.64% |
| 2042 | $306.69 | $313.88 | $302.68 | 149.92% |
| 2043 | $312.02 | $305.54 | $330.75 | 173.1% |
| 2044 | $288.58 | $323.12 | $314.69 | 159.84% |
| 2045 | $320.73 | $330.92 | $340.90 | 181.48% |
| 2046 | $332.94 | $338.02 | $358.62 | 196.11% |
| 2047 | $348.30 | $353.63 | $365.03 | 201.4% |
| 2048 | $349.96 | $350.24 | $337.52 | 178.69% |
| 2049 | $352.45 | $367.20 | $370.00 | 205.51% |
| 2050 | $390.42 | $401.88 | $344.68 | 184.6% |
Exxon Mobil Corporation (XOM) Stock Price Prediction & Forecast 2024 - 2025
At the start of 2024, the XOM stock was at $100.24. Today, it is trading at $121.11, which is 20.83% increase from price at the beginning of the year. By the end of this year, you can expect the stock to fall to by December 2024 with a -0.00% change.
In early 2025, the XOM price is expected to climb from $121.11 to $138.65, a change of 14.48% from the current price. By mid-2025, the stock may move up by 17.24% on $162.55 and end the year at $155.04, which is 28.01% compared to today's price.
Exxon Mobil Corporation (XOM) Stock Price Prediction & Forecast 2026 - 2030
In the next five years, there will be a significant appreciation in the XOM stock. During this period, the XOM's price is forecasted to shift from $153.96 to $195.67, which is 27.09% gain.
In 2026, the stock would possibly open at $153.96, escalates to $161.45 by mid-year, and wraps up at $184.00, reflecting a 51.93% increase from today's price. Further moving to 2030, the stock can kick off the year at $206.63, soar to $186.44 by mid-year, and finish at $195.67, which is 61.56% change from current price.
Exxon Mobil Corporation (XOM) Stock Price Prediction & Forecast 2031 - 2040
During this period, the stock would move from $183.81 to $274.42, which is up 75.51%
In 2031, we can expect XOM to fluctuate between $183.81 and $212.56, a shift indicating a 75.51% gain by year-end compared to current price. And Until 2040, XOM can likely vary from $274.42 to $280.59. By the end of 2040, the stock could record a 126.59% rise from today's stock price.
Exxon Mobil Corporation (XOM) Stock Price Prediction & Forecast 2041 - 2050
According to long-term forecast, the XOM stock can see an an upturn from $318.15 to $344.68 in this period. In 2041, the stock can experience a low of $293.22 by mid-year, closing the year at $308.39. This results in a 142.11% increase from today.
Moving towards the end of 2050, XOM is projected to open the year at $390.42. The stock may peak to $401.88 during mid-year and finish the year at $344.68. Compared to the stock's current price, this translates to an overall gain of 184.60% by 2050.
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XOM : Buy, Sell Or Hold?
Analyst Ratings
Based on 24 analysts, 2 rated as a strong buy, 5 recommended a buy, 11 suggested a hold, 5 advised a sell, and 1 indicated a strong sell. Three months ago, out of 24 analysts, 2 analysts gave a strong buy rating, 6 a buy rating, 11 a hold rating, 4 advised selling, and 1 suggested a strong sell. So, according to analyst ratings, the recommendation for XOM stock is Hold.
Expert Analysis
According to XOM short-term and long-term forecast, Exxon Mobil Corporation shares are projected to go up by 184.6%, and reach a value of $344.68 per share by 2050.
As per technical analysis, indicators show a Bullish sentiment, while Fear & Greed Index stands at 85.71428571428571, which signals Greed. Also, XOM has recorded 7/30 green days, which reflects a 31.818181818181817% positivity rate with a price volatility of 0.01%.
Plus, Price-to-Earnings (P/E) ratio of 15.082192 suggests that XOM stock is overvalued. So, Based on XOM prediction and analysis, it may be the best time to hold XOM stock right now.
Disclaimer: Stock predictions, forecasts and price targets provided for "XOM” are solely for informational and educational purposes and should not be treated as investment or financial advice. Always conduct your own research or consider consulting with a financial advisor before making any investment decisions.