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MPLX LP (MPLX) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

MPLX Stock Forecast

MPLX LP (MPLX) stock forecast, based on 7 Wall Street analysts, predicts a 12-month average price target of $48.67, with a high of $54.00 and a low of $43.00. This represents a -5.86% decline from the last price of $51.70.

$35 $39 $43 $47 $51 $55 High: $54 Avg: $48.67 Low: $43 Last Closed Price: $51.7

MPLX Stock Rating

MPLX LP stock's rating consensus is Buy, based on 7 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (71.43%), 2 Hold (28.57%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 7 0 2 5 Strong Sell Sell Hold Buy Strong Buy

MPLX Forecast vs Benchmarks

TypeNameUpside
StockMPLX LP-5.86%
SectorEnergy Stocks 25.44%
IndustryOil & Gas Midstream Stocks 4.55%

Price Target Trends

1M3M12M
# Anlaysts-14
Avg Price Target-$54.00$47.75
Last Closing Price$51.70$51.70$51.70
Upside/Downside-4.45%-7.64%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25555-217
Dec, 24555-116
Nov, 24795-122
Oct, 247951123
Sep, 247951123
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 18, 2024Michael BlumWells Fargo$54.00$46.4116.35%4.45%
Oct 17, 2024Jean Ann SalisburyBank of America Securities$43.00$44.47-3.31%-16.83%
Oct 10, 2024Theresa ChenBarclays$49.00$44.0511.24%-5.22%
Jul 12, 2024Theresa ChenBarclays$45.00$41.817.63%-12.96%
Feb 07, 2023Citigroup$35.00$33.863.37%-32.30%
Feb 01, 2023Raymond James$41.00$34.9217.41%-20.70%
Jan 09, 2023Morgan Stanley$41.00$33.7721.41%-20.70%
Dec 09, 2022Citigroup$33.50$31.755.51%-35.20%
Jul 26, 2022James CarrekerUS Capital Advisors$34.00$31.258.80%-34.24%
Jul 08, 2022UBS$40.00$28.9937.98%-22.63%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Jan 13, 2025BarclaysOverweightOverweighthold
Dec 18, 2024Wells FargoOverweightOverweighthold
Oct 16, 2024RBC CapitalOutperformOutperformhold
Oct 10, 2024UBSUnderperformUnderperformhold
Oct 10, 2024BarclaysOverweightOverweighthold
Sep 16, 2024RBC CapitalUnderperformUnderperformhold
Jul 12, 2024BarclaysOverweightOverweighthold
Apr 05, 2024BarclaysOverweightOverweighthold
Feb 07, 2023CitigroupNeutralNeutralhold
Feb 01, 2023Raymond JamesOutperformOutperformhold

Financial Forecast

EPS Forecast

$-1 $0 $1 $2 $3 $4 $5 $6 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.65$2.86$3.94$3.92-----
Avg Forecast$-0.79$2.86$3.72$3.70$4.19$4.36$4.63$4.86$5.13
High Forecast$-0.84$2.75$3.55$3.66$4.16$4.26$4.43$4.79$4.84
Low Forecast$-0.76$3.04$3.79$3.73$4.26$4.59$4.84$4.93$5.34
Surprise %-17.72%-5.91%5.95%-----

Revenue Forecast

$7B $9B $10B $12B $13B $15B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$8.25B$9.57B$10.54B$10.68B-----
Avg Forecast$7.58B$9.68B$11.00B$11.18B$11.78B$12.45B$12.87B$14.03B$14.15B
High Forecast$7.35B$9.38B$10.63B$11.13B$11.68B$11.77B$12.82B$13.41B$13.53B
Low Forecast$7.95B$10.16B$11.17B$11.27B$11.86B$12.83B$12.92B$14.64B$14.60B
Surprise %8.79%-1.11%-4.16%-4.47%-----

Net Income Forecast

$-20B $-14B $-8B $-2B $4B $10B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-687.00M$3.08B$3.94B$3.93B-----
Avg Forecast$-14.42B$2.95B$3.39B$3.81B$4.22B$4.46B$4.73B$4.87B$5.14B
High Forecast$-18.05B$2.36B$2.71B$3.05B$4.17B$4.27B$4.44B$4.80B$4.85B
Low Forecast$-10.79B$3.54B$4.06B$4.57B$4.27B$4.60B$4.85B$4.94B$5.35B
Surprise %-95.24%4.26%16.51%3.15%-----

MPLX Forecast FAQ

Is MPLX LP stock a buy?

MPLX LP stock has a consensus rating of Buy, based on 7 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 5 Buy, 2 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that MPLX LP is a favorable investment for most analysts.

What is MPLX LP's price target?

MPLX LP's price target, set by 7 Wall Street analysts, averages $48.67 over the next 12 months. The price target range spans from $43 at the low end to $54 at the high end, suggesting a potential -5.86% change from the previous close price of $51.7.

How does MPLX LP stock forecast compare to the average forecast of its sector, industry, and investment themes?

MPLX LP stock forecast shows a -5.86% downside, underperforming the average forecast for the energy stocks sector (25.44%) and underperforming the oil & gas midstream stocks industry (4.55%).

What is the breakdown of analyst ratings for MPLX LP over the past three months?

  • January 2025: 29.41% Strong Buy, 29.41% Buy, 29.41% Hold, 0% Sell, 11.76% Strong Sell.
  • December 2024: 31.25% Strong Buy, 31.25% Buy, 31.25% Hold, 0% Sell, 6.25% Strong Sell.
  • November 2024: 31.82% Strong Buy, 40.91% Buy, 22.73% Hold, 0% Sell, 4.55% Strong Sell.

What is MPLX LP’s EPS forecast?

MPLX LP's average annual EPS forecast for its fiscal year ending in December is 4.19 for 2024, a 6.89% increase from the reported $3.92 in 2023. The prediction for 2025 is $4.36, $4.63 for 2026, $4.86 for 2027, and $5.13 for 2028.

What is MPLX LP’s revenue forecast?

MPLX LP's average annual revenue forecast for its fiscal year ending in December is $11.78B for 2024, a 10.31% increase from the reported $10.68B in 2023. The forecast for 2025 is $12.45B, $12.87B for 2026, $14.03B for 2027, and $14.15B for 2028.

What is MPLX LP’s net income forecast?

For its fiscal year ending in December, MPLX LP's average annual net income forecast is $4.22B for 2024, reflecting an 7.44% increase from the reported $3.93B in 2023. The projection for 2025 is $4.46B, $4.73B for 2026, $4.87B for 2027, and $5.14B for 2028.