Exxon Mobil stock holds $160.10 after Jefferies lifts target
Published on 08/17/2026 at 15:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Exxon Mobil (ISIN US30231G1022) stock traded at $160.10, while Jefferies lifted its target to $200 from $184 and the latest quarter showed $114.53 billion in revenue and $3.52 in EPS.
The target move gives the shares a fresh valuation anchor after the company reported second-quarter 2026 revenue of $114.53 billion, well above the $109.94 billion consensus cited in market coverage.
Analyst targets stay firm
Market coverage on August 17, 2026 also showed a consensus target of $168.55 and a 3-7-14-1 rating mix of strong buy, buy, hold and sell, which leaves the new $200 target above the Street average.
That gap matters for a stock already up 34.83 percent year to date and 53.82 percent over the past year, because it shows how far the shares have run ahead of the broader consensus.
Quarterly numbers still set the tone
TradingKey data showed Exxon Mobil at $160.10 with a market capitalization of $658.33 billion, and it also listed second-quarter 2026 revenue at $114.53 billion against forecast revenue of $97.81 billion.
It also showed earnings per share of $3.48 versus a $3.55 forecast, which keeps the latest report mixed on earnings but strong on revenue.
More on Exxon Mobil stock
The company's scale still rests on upstream production, refining and chemicals. In market coverage tied to the Middle East conflict, management said the company absorbed a temporary loss of 10 percent of upstream production, a reminder that operational swings can still move results.
Exxon Mobil shares stay expensive
At $160.10, Exxon Mobil stock sits below the new $200 target but above the market's broad consensus level of $168.55 cited in same-day coverage.
As of August 17, 2026, that leaves investors weighing a $658.33 billion market value against second-quarter 2026 revenue of $114.53 billion and EPS of $3.52, with the latest quarter still doing most of the work in the valuation debate.
Fact box
Company: Exxon Mobil Corporation
ISIN: US30231G1022
Ticker: XOM
Exchange: NYSE
Price (as of August 17, 2026, 3:48 a.m. ET): $160.10 USD
Market cap: $658.33 billion (as of August 17, 2026)
Sector / Industry: Energy / Oil, Gas & Consumable Fuels
Index membership: S&P 500
