UBS Reaffirms a Buy Rating on Exxon Mobil Corporation (XOM)

Exxon Mobil Corporation (NYSE:XOM) is among the 13 Best Hydrogen and Fuel Cell Stocks to Buy According to Analysts. Josh Silverstein, a UBS analyst, set a price objective of $130.00 and reaffirmed his Buy recommendation on Exxon Mobil on June 4.
Aerial view of a major oil rig in the middle of the sea, pumping crude oil.
Exxon Mobil Corporation (NYSE:XOM) reported $83.1 billion in sales for the first quarter of 2025, a modest 0.06% year-over-year rise, but it fell just short of analysts' forecasts by $3 billion.
However, earnings per share were above forecasts by $0.02, reaching $1.76. Exxon Mobil has been focusing on cost reduction, increasing its most profitable volumes, and enhancing efficiency since 2019.
Considering the state of the market, these measures have raised quarterly earnings by almost $4 billion. It intends to bring 10 high-return projects online in 2025, with a predicted earnings increase of more than $3 billion by 2026 if prices and margins remain stable.
Exxon Mobil Corporation (NYSE:XOM) engages in the production, trading, transportation, and sale of crude oil, natural gas, petroleum products, petrochemicals, and specialized products. The business is also concentrating on opportunities for reduced emissions, such as hydrogen, carbon capture and storage, and the production of sustainable fuels.
While we acknowledge the potential of XOM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025.
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