Marathon Petroleum (MPC) Stock Forecast, Price Target & Predictions
MPC Stock Forecast
Marathon Petroleum stock forecast is as follows: an average price target of $163.44 (represents a 12.76% upside from MPC’s last price of $144.94) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.
MPC Price Target
MPC Analyst Ratings
Marathon Petroleum Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Oct 17, 2024 | Jean Ann Salisbury | Bank of America Securities | $174.00 | $157.90 | 10.20% | 20.05% |
Oct 10, 2024 | Paul Cheng | Scotiabank | $170.00 | $162.61 | 4.54% | 17.29% |
Sep 24, 2024 | Ryan Todd | Piper Sandler | $145.00 | $164.22 | -11.70% | 0.04% |
Sep 14, 2024 | Manav Gupta | UBS | $189.00 | $163.58 | 15.54% | 30.40% |
Jul 17, 2024 | Doug Leggate | Wolfe Research | $200.00 | $165.56 | 20.80% | 37.99% |
Jul 14, 2024 | Lloyd Byrne | Jefferies | $231.00 | $165.46 | 39.61% | 59.38% |
Jul 12, 2024 | Roger Read | Wells Fargo | $196.00 | $164.29 | 19.30% | 35.23% |
Jun 20, 2024 | Nitin Kumar | Mizuho Securities | $201.00 | $172.45 | 16.56% | 38.68% |
Jun 14, 2024 | Ryan Todd | Piper Sandler | $168.00 | $168.90 | -0.53% | 15.91% |
May 30, 2024 | Justin Jenkins | Raymond James | $230.00 | $174.66 | 31.69% | 58.69% |
Marathon Petroleum Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 2 | 4 | 16 |
Avg Price Target | $172.00 | $169.50 | $195.31 |
Last Closing Price | $144.94 | $144.94 | $144.94 |
Upside/Downside | 18.67% | 16.94% | 34.75% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 10, 2024 | Scotiabank | Outperform | Outperform | Hold |
Sep 24, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Sep 14, 2024 | UBS | Buy | Buy | Hold |
Aug 07, 2024 | Cowen & Co. | Buy | Buy | Hold |
Jul 17, 2024 | Wolfe Research | - | Outperform | Initialise |
Jul 14, 2024 | Jefferies | Buy | Buy | Hold |
Jul 12, 2024 | Wells Fargo | Overweight | Overweight | Hold |
Jun 14, 2024 | Piper Sandler | Neutral | Neutral | Hold |
May 30, 2024 | Raymond James | Strong Buy | Strong Buy | Hold |
May 14, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Marathon Petroleum Financial Forecast
Marathon Petroleum Revenue Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $36.34B | $41.58B | $36.82B | $34.86B | $39.81B | $45.79B | $53.80B | $38.06B | $35.34B | $32.32B | $29.61B | $22.71B | $17.97B | $17.41B |
Avg Forecast | $64.64B | $62.20B | $59.86B | $57.61B | $33.78B | $34.92B | $35.15B | $32.94B | $33.27B | $34.38B | $35.28B | $33.26B | $34.40B | $34.34B | $36.66B | $32.07B | $34.90B | $37.67B | $32.60B | $33.18B | $33.93B | $35.85B | $40.34B | $30.83B | $21.16B | $19.48B | $20.91B | $19.35B | $17.89B | $19.75B |
High Forecast | $64.64B | $62.20B | $59.86B | $57.61B | $33.78B | $34.92B | $35.15B | $32.94B | $33.27B | $34.38B | $35.28B | $33.26B | $34.40B | $43.50B | $36.66B | $32.07B | $41.39B | $53.12B | $32.60B | $33.18B | $33.93B | $35.85B | $40.34B | $30.83B | $21.16B | $19.48B | $20.91B | $19.35B | $17.89B | $19.75B |
Low Forecast | $64.64B | $62.20B | $59.86B | $57.61B | $33.78B | $34.92B | $35.15B | $32.94B | $33.27B | $34.38B | $35.28B | $33.26B | $34.40B | $25.18B | $36.66B | $32.07B | $27.49B | $26.47B | $32.60B | $33.18B | $33.93B | $35.85B | $40.34B | $30.83B | $21.16B | $19.48B | $20.91B | $19.35B | $17.89B | $19.75B |
# Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 3 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.10% | 1.13% | 1.05% | 1.17% | 1.28% | 1.33% | 1.23% | 1.67% | 1.66% | 1.42% | 1.17% | 1.00% | 0.88% |
Marathon Petroleum EBITDA Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 3 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.94B | $5.13B | $3.64B | $3.85B | $4.47B | $6.49B | $7.85B | $2.56B | $2.13B | $1.82B | $9.71B | $970.00M | $1.27B | $-349.00M |
Avg Forecast | $5.01B | $4.82B | $4.64B | $4.47B | $2.62B | $2.71B | $2.73B | $2.55B | $2.58B | $2.67B | $2.74B | $2.58B | $2.67B | $2.66B | $2.84B | $1.77B | $2.71B | $2.92B | $2.53B | $1.61B | $2.08B | $2.78B | $3.13B | $1.46B | $1.64B | $1.51B | $1.62B | $1.50B | $1.39B | $1.53B |
High Forecast | $5.01B | $4.82B | $4.64B | $4.47B | $2.62B | $2.71B | $2.73B | $2.55B | $2.58B | $2.67B | $2.74B | $2.58B | $2.67B | $3.37B | $2.84B | $2.12B | $3.21B | $4.12B | $2.53B | $1.93B | $2.50B | $2.78B | $3.13B | $1.75B | $1.64B | $1.51B | $1.62B | $1.80B | $1.39B | $1.53B |
Low Forecast | $5.01B | $4.82B | $4.64B | $4.47B | $2.62B | $2.71B | $2.73B | $2.55B | $2.58B | $2.67B | $2.74B | $2.58B | $2.67B | $1.95B | $2.84B | $1.41B | $2.13B | $2.05B | $2.53B | $1.28B | $1.67B | $2.78B | $3.13B | $1.17B | $1.64B | $1.51B | $1.62B | $1.20B | $1.39B | $1.53B |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 1.76% | 1.44% | 2.40% | 2.14% | 2.34% | 2.51% | 1.76% | 1.30% | 1.21% | 5.99% | 0.65% | 0.92% | -0.23% |
Marathon Petroleum Net Income Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 3 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.36B | $3.28B | $2.23B | $2.72B | $3.32B | $4.48B | $5.87B | $1.17B | $1.10B | $694.00M | $8.51B | $-242.00M | $285.00M | $-886.00M |
Avg Forecast | $187.91M | $1.78B | $2.30B | $-382.61M | $760.14M | $1.74B | $1.87B | $578.25M | $491.02M | $1.20B | $1.27B | $368.37M | $393.03M | $344.69M | $1.08B | $672.42M | $766.44M | $2.71B | $1.59B | $611.29M | $756.80M | $2.48B | $3.12B | $555.72M | $191.43M | $247.26M | $135.50M | $-374.25M | $-478.78M | $-598.96M |
High Forecast | $187.91M | $1.78B | $2.30B | $-382.61M | $760.14M | $1.74B | $1.87B | $578.25M | $491.02M | $1.20B | $1.27B | $368.37M | $393.03M | $454.85M | $1.08B | $806.91M | $935.32M | $2.83B | $1.59B | $733.55M | $908.16M | $2.48B | $3.12B | $666.86M | $191.43M | $247.26M | $135.50M | $-299.40M | $-478.78M | $-598.96M |
Low Forecast | $187.91M | $1.78B | $2.30B | $-382.61M | $760.14M | $1.74B | $1.87B | $578.25M | $491.02M | $1.20B | $1.27B | $368.37M | $393.03M | $280.72M | $1.08B | $537.94M | $646.28M | $2.59B | $1.59B | $489.03M | $605.44M | $2.48B | $3.12B | $444.58M | $191.43M | $247.26M | $135.50M | $-449.10M | $-478.78M | $-598.96M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.77% | 1.21% | 1.40% | 4.46% | 4.39% | 1.81% | 1.88% | 2.11% | 5.77% | 2.81% | 62.82% | 0.65% | -0.60% | 1.48% |
Marathon Petroleum SG&A Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 3 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $820.00M | $824.00M | $704.00M | $691.00M | $763.00M | $712.00M | $694.00M | $603.00M | $656.00M | $681.00M | $625.00M | $575.00M | $630.00M | $673.00M |
Avg Forecast | $1.62B | $1.56B | $1.50B | $1.44B | $846.50M | $874.95M | $880.68M | $825.27M | $833.68M | $861.39M | $883.93M | $833.29M | $861.99M | $860.52M | $918.48M | $479.85M | $874.56M | $943.78M | $816.97M | $436.22M | $641.42M | $898.27M | $1.01B | $396.57M | $530.28M | $488.22M | $523.95M | $889.23M | $448.14M | $494.89M |
High Forecast | $1.62B | $1.56B | $1.50B | $1.44B | $846.50M | $874.95M | $880.68M | $825.27M | $833.68M | $861.39M | $883.93M | $833.29M | $861.99M | $1.09B | $918.48M | $575.82M | $1.04B | $1.33B | $816.97M | $523.47M | $769.71M | $898.27M | $1.01B | $475.88M | $530.28M | $488.22M | $523.95M | $1.07B | $448.14M | $494.89M |
Low Forecast | $1.62B | $1.56B | $1.50B | $1.44B | $846.50M | $874.95M | $880.68M | $825.27M | $833.68M | $861.39M | $883.93M | $833.29M | $861.99M | $630.81M | $918.48M | $383.88M | $688.91M | $663.23M | $816.97M | $348.98M | $513.14M | $898.27M | $1.01B | $317.25M | $530.28M | $488.22M | $523.95M | $711.38M | $448.14M | $494.89M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.87% | 0.86% | 1.58% | 1.19% | 0.79% | 0.69% | 1.52% | 1.24% | 1.39% | 1.19% | 0.65% | 1.41% | 1.36% |
Marathon Petroleum EPS Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 3 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.60 | $8.32 | $5.34 | $6.13 | $7.13 | $9.12 | $11.03 | $2.08 | $1.83 | $1.10 | $13.09 | $-0.37 | $0.29 | $-1.57 |
Avg Forecast | $0.54 | $5.08 | $6.58 | $-1.09 | $2.17 | $4.96 | $5.35 | $1.65 | $1.40 | $3.43 | $3.62 | $1.05 | $1.12 | $0.98 | $3.09 | $2.54 | $2.19 | $7.75 | $4.55 | $5.55 | $5.67 | $7.08 | $8.91 | $1.26 | $0.55 | $0.71 | $0.39 | $-0.72 | $-1.37 | $-1.71 |
High Forecast | $0.54 | $5.08 | $6.58 | $-1.09 | $2.17 | $4.96 | $5.35 | $1.65 | $1.40 | $3.43 | $3.62 | $1.05 | $1.12 | $1.30 | $3.09 | $2.54 | $2.67 | $8.10 | $4.55 | $5.55 | $5.67 | $7.08 | $8.91 | $1.26 | $0.55 | $0.71 | $0.39 | $-0.72 | $-1.37 | $-1.71 |
Low Forecast | $0.54 | $5.08 | $6.58 | $-1.09 | $2.17 | $4.96 | $5.35 | $1.65 | $1.40 | $3.43 | $3.62 | $1.05 | $1.12 | $0.80 | $3.09 | $2.54 | $1.85 | $7.41 | $4.55 | $5.55 | $5.67 | $7.08 | $8.91 | $1.26 | $0.55 | $0.71 | $0.39 | $-0.72 | $-1.37 | $-1.71 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.64% | 1.07% | 1.17% | 1.10% | 1.26% | 1.29% | 1.24% | 1.65% | 3.35% | 1.56% | 33.81% | 0.51% | -0.21% | 0.92% |
Marathon Petroleum Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
DINO | HF Sinclair | $39.01 | $57.50 | 47.40% | Buy |
PBF | PBF Energy | $28.35 | $40.17 | 41.69% | Buy |
DK | Delek US | $15.86 | $22.00 | 38.71% | Hold |
CVI | CVR Energy | $16.44 | $20.33 | 23.66% | Buy |
MPC | Marathon Petroleum | $144.94 | $163.44 | 12.76% | Buy |
VLO | Valero Energy | $129.95 | $145.47 | 11.94% | Buy |
SUN | Sunoco LP | $51.42 | $54.60 | 6.18% | Buy |
PSX | Phillips 66 | $121.03 | $127.30 | 5.18% | Buy |
DKL | Delek Logistics Partners, LP | $38.88 | $39.20 | 0.82% | Buy |
MPC Forecast FAQ
Is Marathon Petroleum a good buy?
Yes, according to 14 Wall Street analysts, Marathon Petroleum (MPC) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 12 'Buy' recommendations, accounting for 92.86% of MPC's total ratings.
What is MPC's price target?
Marathon Petroleum (MPC) average price target is $163.44 with a range of $73 to $231, implying a 12.76% from its last price of $144.94. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Marathon Petroleum stock go up soon?
According to Wall Street analysts' prediction for MPC stock, the company can go up by 12.76% (from the last price of $144.94 to the average price target of $163.44), up by 59.38% based on the highest stock price target, and down by -49.63% based on the lowest stock price target.
Can Marathon Petroleum stock reach $200?
MPC's highest twelve months analyst stock price target of $231 supports the claim that Marathon Petroleum can reach $200 in the near future.
What is Marathon Petroleum's current price target trend?
2 Wall Street analysts forecast a $172 price target for Marathon Petroleum (MPC) this month, up 18.67% from its last price of $144.94. Compared to the last 3 and 12 months, the average price target increased by 16.94% and increased by 34.75%, respectively.
What are Marathon Petroleum's analysts' financial forecasts?
Marathon Petroleum's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $136.79B (high $136.79B, low $136.79B), average EBITDA is $10.61B (high $10.61B, low $10.61B), average net income is $4.95B (high $4.95B, low $4.95B), average SG&A $3.43B (high $3.43B, low $3.43B), and average EPS is $14.14 (high $14.14, low $14.14). MPC's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $244.31B (high $244.31B, low $244.31B), average EBITDA is $18.94B (high $18.94B, low $18.94B), average net income is $3.89B (high $3.89B, low $3.89B), average SG&A $6.12B (high $6.12B, low $6.12B), and average EPS is $11.1 (high $11.1, low $11.1).
Did the MPC's actual financial results beat the analysts' financial forecasts?
Based on Marathon Petroleum's last annual report (Dec 2023), the company's revenue was $148.47B, beating the average analysts forecast of $138.35B by 7.31%. Apple's EBITDA was $16.86B, beating the average prediction of $9.76B by 72.77%. The company's net income was $9.48B, beating the average estimation of $5.68B by 66.86%. Apple's SG&A was $3.04B, missing the average forecast of $3.07B by -1.06%. Lastly, the company's EPS was $23.19, beating the average prediction of $20.04 by 15.70%. In terms of the last quarterly report (Dec 2023), Marathon Petroleum's revenue was $36.34B, beating the average analysts' forecast of $34.9B by 4.11%. The company's EBITDA was $2.94B, beating the average prediction of $2.71B by 8.53%. Marathon Petroleum's net income was $1.36B, beating the average estimation of $766.44M by 77.31%. The company's SG&A was $820M, missing the average forecast of $874.56M by -6.24%. Lastly, the company's EPS was $3.6, beating the average prediction of $2.19 by 64.40%