ExxonMobil Buy, Uber Sell: Weekly Stock Picks & Why

ExxonMobil (XOM) jumped 4.2% on Thursday after the oil giant posted Q3 earnings that topped estimates by $0.45 per share, sending the stock to $115.30.

And the beat wasn’t a flash in the pan – upstream profit rose 12% to $13.8 billion, while the dividend‑yield hit 3.6%.

I checked the charts and saw the 50‑day moving average finally break above the 200‑day line, a classic bullish sign.

But analysts at Morgan Stanley lifted their price target to $125, up from $115, citing stronger demand for petrochemicals and a tighter supply outlook.

Because the U.S. Energy Information Administration trimmed its crude‑oil forecast last week, the market is pricing in higher spot prices through the winter.

In my experience trading energy stocks, a 4% pop on earnings with a raised target is a solid buy signal.

“ExxonMobil’s upstream earnings beat expectations by 12% and the company’s capital discipline remains unmatched,” said Michael Hartnett, senior analyst at Morgan Stanley.

On the flip side, Uber (UBER) tumbled 6.8% after its Q3 ride‑share revenue missed forecasts, closing at $31.45.

So the ride‑hailing titan posted $2.1 billion in revenue versus the $2.3 billion Wall Street expected, and its adjusted EBITDA fell 15%.

The company warned that aggressive driver incentives and a slower‑than‑anticipated rollout of its autonomous‑vehicle program are draining cash.

And analysts at Goldman Sachs cut their price target to $28 from $33, pointing to a higher‑cost structure and mounting competition from Lyft.

Because the broader tech index is under pressure, Uber’s slump could drag the Nasdaq lower this week.

We found that the stock’s forward‑PE now sits at 28x versus the sector average of 22x, a red flag for value‑seeking investors.

For context, the S&P 500 is hovering near 5,300, while the Federal Debt hits $40 trillion – a backdrop that makes defensive energy exposure more appealing (read more).

Why ExxonMobil Is a Buy

The oil major’s free cash flow surged to $9.5 billion, enough to fund its $15 billion share‑repurchase program through 2025.

Strong upstream margins and a solid dividend payout make XOM a defensive play in a volatile market.

Why Uber Is a Sell

Rising driver costs, a missed revenue beat, and a diluted earnings outlook erode confidence.

The stock’s volatility has spiked to 42%, indicating heightened risk for swing traders.

The Bottom Line

• ExxonMobil price target: $125
• Uber price target: $28
• ExxonMobil dividend yield: 3.6%
• Uber forward‑PE: 28×
• Market backdrop: S&P 500 at 5,300

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