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.

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 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.

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