Exxon stock forecast now points to moderate upside

Exxon stock forecast now points to moderate upside potential as Brent crude averages near $85 per barrel in Q2 2024, with analysts targeting $122–$128 over the next six months based on refining margins and downstream performance. JPMorgan's endorsement reinforces its view of ExxonMobil as a relative safe haven amid ongoing industry and economic uncertainties. The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — and you can too at just $2.90/share. New Exxon stock forecast models incorporate carbon capture initiatives, potentially improving ESG scores and broadening institutional investor interest.