Exxon Mobil Corporation (XOM) earnings on May 1, 2026

Before the market opens Q1 2026

More Exxon Mobil Corporation earnings

Prior outlook: Pessimistic Outcome: Partial

Exxon Mobil stock recovered from an early dip after its earnings report, closing higher. El precio mostró confianza, impulsando el precio a pesar de las ventas iniciales.

XOM price around the earnings

153.69

Change: +0.6%

2026-05-04, 20:00 UTC

Start of the measured window End of the measured window
149.65 152.31 154.96 157.62 152.81
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
May 1, 2026 May 4, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Partial

Thesis published

Negative trend, but analyst and retail optimism.

The stock is experiencing a continuous decline and negative price movement, though analysts see potential for price increases and retail investors are optimistic. This offers some counterbalance to the pessimistic technical picture.

Context analyzed before publication

Summary
Negative trend, but analyst and retail optimism.
Reasoning
The stock is experiencing a continuous decline and negative price movement, though analysts point to an optimistic scenario and retail investors are optimistic. This offers some counterbalance to the negative technical picture.
Playbook
Given the ongoing price weakness, the scenario is modestly optimistic according to analyst price targets, but the trend needs to improve before a constructive outlook is confirmed.
Trend
Persistent selloff, negative momentum, pessimistic trajectory.

Analysts

Drivers

  • Analysts Positive

    Analysts generally recommend buying the stock, with price targets that are above the current price.

Evidence

Analyst consensus
Buy
Consensus average (1-5)
2.36
Analysts covering the stock
22
Average price target
166.14
Lowest price target
123
Highest price target
195
Upside to price target
7.7%
Quarterly earnings growth
-14.6%
Revenue growth
-1.3%
Forward EPS
10.17
Trailing EPS
6.7
Analyst moves in the last 60 days
10
  • Strong buy: 4
  • Buy: 7
  • Hold: 13
  • Sell: 1
  • Strong sell: 0
Strong buy
4
Buy
7
Hold
13
Sell
1
Strong sell
0
  • April 22, 2026 · Scotiabank: Maintains rating (Sector Outperform → Sector Outperform)
  • April 21, 2026 · Wolfe Research: Downgrades rating (Outperform → Peer Perform)
  • April 17, 2026 · BNP Paribas: Upgrades rating (Underperform → Neutral)
  • April 17, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)
  • April 10, 2026 · TD Cowen: Maintains rating (Buy → Buy)
  • April 9, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
  • April 9, 2026 · Piper Sandler: Maintains rating (Overweight → Overweight)
  • April 9, 2026 · RBC Capital: Maintains rating (Sector Perform → Sector Perform)
  • April 9, 2026 · Jefferies: Maintains rating (Buy → Buy)
  • April 9, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)

News and sentiment

Drivers

  • News & sentiment Neutral

    Market sentiment and analyst adjustments are noted, but there are no major specific events driving the stock.

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (4)
  • Top Wall Street Forecasters Revamp Exxon Mobil Expectations Ahead Of Q1 Earnings — Benzinga
  • Apple, Exxon Mobil And 3 Stocks To Watch Heading Into Friday — Benzinga
  • Chevron, ExxonMobil Q1 Earnings Preview: Will High Gas Prices Overshadow Quarterly Results? — Benzinga
  • QatarEnergy, Exxon Load First LNG Cargo From Golden Pass Terminal In Texas — Benzinga

Technicals

Drivers

  • Technical Negative

    The stock's performance relative to the market is weak, and it has been in a consistent downtrend.

Evidence

Average true range (ATR)
2.7%
Distance to 52-week high
-12.5%
14-day change (14d)
+1.2%
30-day change
-2.3%
30-day relative strength
-10.9%
Benchmark change
+8.6%
Nearest support
141.99
Nearest resistance
176.4
Volume accumulation ratio
0.67

Trends

Evidence

Average earnings surprise
-0.8%
  • January 30, 2026: actual EPS 1.53 vs estimate 1.66 (surprise -7.7%)
  • October 31, 2025: actual EPS 1.76 vs estimate 1.79 (surprise -1.6%)
  • August 1, 2025: actual EPS 1.64 vs estimate 1.56 (surprise +4.9%)
  • May 2, 2025: actual EPS 1.76 vs estimate 1.74 (surprise +1.2%)

Expected move

Drivers

  • Past earnings Neutral

    The company's earnings performance has been mixed, with a history of both beating and missing expectations.

There is no implied-move data available for this event.

Reactions over its last 19 earnings

Median move
1.8%
75th percentile move
2.5%
90th percentile move
3.2%
Up / down moves
9 / 10
Average up move
+2.1%
Average down move
-1.7%

Monitoring and close

What Exxon Mobil Corporation reported

There is no monitoring data available for this event.

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Outcome
Partial
Consolidated
+0.6%
Max favorable move (MFE)
2.2%
Max adverse move (MAE)
1.1%