XOM EXXON MOBIL CORP

MIXED Impact: 2/10 ANALYST-UPGRADE
Processed 1mo ago SEC analyst-XOM-bnpparib-20260417
BNP Paribas raised PT 32%: $125 → $165
Latest settled — T+20d
XOM ▲ +4.40% at T+20d
NEUTRAL call ✓ call won +4.40% · α vs SPY -0.97% · entry $146.34 → $152.78
Next anchor: T+60d in 4w
Currently $147.01 · +0.46% from $146.34 entry
Entry anchored
Apr 17, 02:35 PM ET
via Databento tick
T+1d
+0.86%
call +0.86% · α +1.05%
$147.60
settled 8w ago
T+5d
+1.76%
call +1.76% · α +1.20%
$148.91
settled 7w ago
T+20d
+4.40%
call +4.40% · α -0.97%
$152.78
settled 29d ago
T+60d
call — · α —
in 4w

Price Chart

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Executive Summary

BNP Paribas upgraded the stock to Neutral from Underperform and raised its price target 32% to $165, above the current price of $151.98. The consensus mean PT is $164.13, with 18 of 24 analysts at Buy or Strong Buy. BNP's accuracy is low at 33% (1 of 3 calls correct), well below top-tier firms like B of A Securities (100%, +17.4% avg return). EPS estimates are rising, with 14 revisions up and none down for +1q. Congressional buys and new institutional entries (Norges Bank) contrast with insider selling and a 58.1% short ratio. Earnings due in 7 days amplify signal relevance. Despite the upgrade, BNP remains below consensus on rating and has a weak track record.

Impact Score

Base Score
1/7
LLM Adjustment
+1
Final Score
2/10

Consensus & Targets

Buy / Strong Buy
18 (56%)
Hold
12
Sell / Strong Sell
2
Total Analysts
24
Mean PT
$164.13
Median PT
$167.00
High PT
$195.00
Low PT
$123.00
Current Price
$151.98
Implied Upside
+8%

Of 24 analysts, 7 are Strong Buy, 11 Buy, 12 Hold, 2 Sell, and 0 Strong Sell. 75% of analysts rate it Buy or better. Consensus direction is bullish, with no downgrades in the past 30 days versus one upgrade (BNP Paribas).

Consensus mean price target is $164.13, median $167, range $123–$195. Current price is $151.98, implying 8.0% upside to the mean. BNP’s $165 PT is 0.5% above the mean and 2.9% above the median, placing it in the top quartile of targets.

Recent Analyst Activity

DateFirmActionRatingPrice Target
2026-04-17 BNP Paribas upgrade Neutral $165.00
2026-04-17 Morgan Stanley maintain Overweight $171.00
2026-04-10 TD Cowen maintain Buy $172.00
2026-04-09 JP Morgan maintain Overweight $170.00
2026-04-09 Piper Sandler maintain Overweight $182.00
2026-04-09 RBC Capital maintain Sector Perform $180.00
2026-04-09 Jefferies maintain Buy $184.00
2026-04-09 Wells Fargo maintain Overweight
2026-04-08 Wolfe Research maintain Outperform $153.00
2026-04-02 Citigroup maintain Neutral $175.00

Over the past 30 days, there has been 1 upgrade (BNP Paribas) and 0 downgrades. EPS revisions are strongly positive: +1q has 14 revisions up and 0 down; 0y has 18 up, 1 down. EPS estimates have risen 53% from 30 days ago for +1q, signaling improving fundamentals.

Firm Track Record — BNP Paribas

BNP Paribas accuracy: 33% on 3 calls | avg return: 2.9%

Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 13 firms with ≥5 scored calls.

FirmAccuracyCallsAvg Returnvs Average
JP Morgan 100% 2/2 4.7% top tier
B of A Securities 100% 2/2 17.4% top tier
HSBC 100% 2/2 3.9% top tier
Piper Sandler 86% 6/7 7.8% top tier
Wells Fargo 75% 6/8 5.8% top tier
Barclays 71% 5/7 0.7% top tier
UBS 70% 7/10 3.6% top tier
Mizuho 63% 5/8 4.3% top tier
Scotiabank 50% 3/6 4.9% below average
Morgan Stanley 50% 2/4 5.7% below average

BNP Paribas has a 33% accuracy rate (1 correct out of 3 scored calls), with an average return of +2.9%, ranking among the lowest-performing firms. In contrast, B of A Securities leads with 100% accuracy (2 of 2) and +17.4% avg return; JP Morgan and HSBC also have perfect 100% records. BNP’s track record reduces confidence in this upgrade.

Earnings Estimates

Next earnings: Apr 24, 2026

PeriodEPS Est.EPS RangeRevenueRevisions (7d)
0q $1.27 $0.78 — $2.54 $85.6B ↑1 ↓0
+1q $3.19 $1.60 — $4.12 $96.4B ↑9 ↓0
0y $9.84 $6.34 — $12.59 $376.2B ↑7 ↓0
+1y $9.95 $7.25 — $13.80 $356.4B ↑8 ↓0

Cross-Platform Signals

Insider Trades (90d)
0 buys / 2 sells
Congressional
Gilbert Cisneros (democrat) — buy $50,001 - $100,000
Congressional
Joshua Gottheimer (democrat) — buy $1,001 - $15,000
Congressional
Joshua Gottheimer (democrat) — buy $1,001 - $15,000
Institutional
TWO SIGMA INVESTMENTS, LP — doubled (318.2%)
Institutional
RENAISSANCE TECHNOLOGIES LLC — exit (-100%)
Institutional
NORGES BANK — new
Short Interest
Short: 6,299,245 | Exempt: 31,251 | TRF Vol: 10,846,879 | Short Ratio: 58.1% | Off-exchange volume (dark pool + OTC)

Congressional traders made 3 small buys in February. Insider activity is bearish: Darrin L. Talley sold over $500K in March. Institutionally, Norges Bank initiated a $7.6B position, while Two Sigma more than tripled its stake. Renaissance Technologies exited nearly entirely. Short interest is extremely high at 58.1% short ratio, suggesting intense bearish positioning ahead of earnings.

Actionable Insight

Despite BNP’s weak track record and neutral rating, the 32% PT hike ahead of earnings, rising EPS estimates, and major institutional accumulation (Norges Bank) suggest asymmetric upside. Monitor short squeeze potential into earnings on April 24.

Documents Analyzed

Report based on filing metadata.

13 reports for XOM
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for XOM — sortable, filterable
Type Now
May 31, 2026
12d ago
ANALYST-UPGRADE
BULLISH ★ 1/10
$123.09 $120.33▼ −2.24%▼ −3.32%$147.01 (+19.44%)
May 26, 2026
17d ago
DEFA14A
NEUTRAL ★ 2/10
$148.00 $152.62▲ +3.12%▲ +2.65%$147.01 (−0.67%)
May 17, 2026
26d ago
ANALYST-UPGRADE
NEUTRAL ★ 1/10
$146.34 $148.90▲ +1.75%▲ +1.19%$147.01 (+0.46%)
May 15, 2026
28d ago
DEFA14A
NEUTRAL ★ 4/10
$157.91 $154.79▼ −1.98%▼ −2.94%$147.01 (−6.90%)
May 12, 2026
4w ago
DEFA14A
NEUTRAL ★ 3/10
$150.56 $160.49▲ +6.60%▲ +6.52%$147.01 (−2.36%)
May 8, 2026
5w ago
DEFA14A
NEUTRAL ★ 2/10
$144.39 $152.78▲ +5.81%▲ +4.35%$147.01 (+1.82%)
May 4, 2026
5w ago
8-K
NEUTRAL ★ 2/10
$154.53 $150.56▼ −2.57%▼ −4.55%$147.01 (−4.86%)
Apr 17, 2026
8w ago
ANALYST-UPGRADE
MIXED ★ 2/10
$146.34 $148.91▲ +1.76%▲ +1.20%$147.01 (+0.46%)
Apr 9, 2026
9w ago
DEFA14A
NEUTRAL ★ 3/10
$154.99 $151.86▼ −2.02%▼ −5.21%$147.01 (−5.15%)
Apr 8, 2026
9w ago
DEFA14A
NEUTRAL ★ 3/10
$154.99 $151.86▼ −2.02%▼ −5.21%$147.01 (−5.15%)
Showing 10 of 13

US Market Status

Market Closed — Opens Mon (45h 28m)

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