Exxon Mobil Corporation (Ticker: XOM) closed the trading day on February 10, 2026, with a slight increase of 0.25%, reaching $151.59, near its annual peak. While the stock has seen an impressive rally of approximately 41% over the past year, investors and analysts are now evaluating whether the current valuation leaves room for further gains or represents a temporary peak.

Financial Results and International Operations

ExxonMobil concluded the latest quarter with revenues of $82.31 billion and a net income of $7.26 billion. Growth is supported by strategic expansion of international drilling operations in South America and the development of shale oil reserves.

In terms of efficiency, the company shows strong data with a profit margin of 8.90% and a return on equity (ROE) of 11.08%. Furthermore, the company’s balance sheet is considered very conservative, with a debt-to-equity ratio of only 16.33% and a cash balance of approximately $10.68 billion.

Analyst Forecasts and Stock Valuation

Despite the recent rally, the analyst community is divided regarding the path forward. The average price target stands at $140.92—a figure currently below the current market price—raising questions about the valuation. However, leading investment banks have recently updated their forecasts upward:

UBS set an optimistic price target of $171.

BMO updated its price target to $155.

TD Cowen raised its price target from $135 to $145 while maintaining a “Buy” recommendation.

Challenges and Risks in the Energy Market

Alongside its success, ExxonMobil faces stricter regulation and global oil price volatility. The company recently warned that European Union rules regarding methane emissions could lift crude costs for refiners by up to 13%. Additionally, geopolitical tensions between Washington and Tehran continue to keep oil markets on edge, which may affect energy prices in the short term.

Summary: Is XOM a Long-Term Buy?

For investors seeking a combination of stability, a steady dividend, and exposure to the energy sector, ExxonMobil remains a cornerstone. While the 41% increase over the past year might deter value investors concerned about overvaluation, a levered free cash flow of $12.92 billion grants the company great flexibility to continue dividend distributions and share buybacks.