Rating Change
Wells Fargo reiterated its Equal-Weight rating on Exxon Mobil Corporation (NYSE:XOM) on November 02, 2026.
reiterateNYSE:XOM
Wells Fargo Reiterates Equal-Weight Rating on Exxon Mobil Corporation (XOM)
Wells Fargo reiterated its Equal-Weight rating on Exxon Mobil Corporation (NYSE:XOM) on November 02, 2026.
At publication ·
What changed
Exxon Mobil Corporation (NYSE:XOM) · reiterate
- Firm
- Wells Fargo
- Rating
- Equal-Weight to Equal-Weight
- Price at event
- $183.39
- Market capitalization
- $504.1B
At a glance
Key takeaways
- Wells Fargo maintained an Equal-Weight rating on Exxon Mobil (XOM) on November 2, 2026, with the stock trading at $183.39 and a market cap of $504.1 billion.
Market Context
Exxon Mobil Corporation operates in the Energy sector. The stock currently trades at $183.39 with a market capitalization of $504.1B. The stock has gained 54.7% over the past 52 weeks.
Analyst coverage from Wells Fargo provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Exxon Mobil Corporation.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Exxon Mobil Corporation
Among the 10 most recent ratings: 7 Buy, 3 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Nov 02, 2026 | Wells Fargo | Equal-Weight | N/A |
| Nov 02, 2026 | Evercore ISI Group | Outperform | N/A |
| Oct 19, 2026 | Barclays | Overweight | N/A |
| Oct 15, 2026 | Morgan Stanley | Overweight | N/A |
| Oct 01, 2026 | Wells Fargo | Equal-Weight | N/A |
Related Tools: Analyst Ratings Dashboard | View XOM Stock Page
Frequently Asked Questions
What does the Equal-Weight rating mean for XOM?
A rating of Equal-Weight from Wells Fargo reflects the analyst's outlook on Exxon Mobil Corporation (NYSE:XOM). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the XOM forecast page.
