Goldman Sachs Maintains ‘Neutral’ Rating on Exxon Mobil Corporation (XOM) With $117 Price Target

With a year-to-date decline in share price, along with strong hedge fund interest, Exxon Mobil Corporation (NYSE:XOM) secures a place on our list of the 11 Best Rebound Stocks to Buy According to Hedge Funds.

Goldman Sachs Maintains ‘Neutral’ Rating on Exxon Mobil Corporation (XOM) With $117 Price Target

A vast oil and gas rig silhouetted in the sunset, capturing the power of Swift Energy Company.

On August 8, 2025, Goldman Sachs maintained its ‘Neutral’ rating on Exxon Mobil Corporation (NYSE:XOM) with a $117 price target. The cautious stance is attributed to broader macroeconomic concerns. Uncertainty stems from under-pressure sectors such as paper and pulp, where North American volumes slid 6% excluding a Georgetown mill closure.

The investment firm believes the global economic uncertainties could impact energy demand, alongside other cyclical industries. At the same time, Goldman Sachs remains confident in Exxon Mobil Corporation (NYSE:XOM)’s fundamentals, recognizing its scale and resilience.

Operating through its Upstream, Energy Products, Chemical Products, and Specialty Products segments, Exxon Mobil Corporation (NYSE:XOM) is engaged in the exploration and production of crude oil and natural gas globally. It is included in our list of the Best Rebound Stocks To Buy.

While we acknowledge the potential of XOM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than XOM and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.