MPLX LP (MPLX) Stock Forecast, Price Target & Predictions
MPLX Stock Forecast
MPLX LP stock forecast is as follows: an average price target of $39.09 (represents a -11.80% downside from MPLX’s last price of $44.32) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
MPLX Price Target
MPLX Analyst Ratings
MPLX LP 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 | $43.00 | $44.47 | -3.31% | -2.98% |
Oct 10, 2024 | Theresa Chen | Barclays | $49.00 | $44.05 | 11.24% | 10.56% |
Jul 12, 2024 | Theresa Chen | Barclays | $45.00 | $41.81 | 7.63% | 1.53% |
Feb 07, 2023 | - | Citigroup | $35.00 | $33.86 | 3.37% | -21.03% |
Feb 01, 2023 | - | Raymond James | $41.00 | $34.92 | 17.41% | -7.49% |
Jan 09, 2023 | - | Morgan Stanley | $41.00 | $33.77 | 21.41% | -7.49% |
Dec 09, 2022 | - | Citigroup | $33.50 | $31.75 | 5.51% | -24.41% |
Jul 26, 2022 | James Carreker | US Capital Advisors | $34.00 | $31.25 | 8.80% | -23.29% |
Jul 08, 2022 | - | UBS | $40.00 | $28.99 | 37.98% | -9.75% |
May 02, 2022 | Neal Dingmann | Truist Financial | $37.00 | $32.59 | 13.53% | -16.52% |
MPLX LP Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 2 | 2 | 3 |
Avg Price Target | $46.00 | $46.00 | $45.67 |
Last Closing Price | $44.32 | $44.32 | $44.32 |
Upside/Downside | 3.79% | 3.79% | 3.05% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 16, 2024 | RBC Capital | Outperform | Outperform | Hold |
Oct 10, 2024 | Wells Fargo | Buy | Buy | Hold |
Oct 10, 2024 | UBS | Underperform | Underperform | Hold |
Oct 10, 2024 | Barclays | Overweight | Overweight | Hold |
Sep 16, 2024 | RBC Capital | Underperform | Underperform | Hold |
Sep 16, 2024 | Wells Fargo | Outperform | Outperform | Hold |
Jul 12, 2024 | Barclays | Overweight | Overweight | Hold |
Apr 05, 2024 | Barclays | Overweight | Overweight | Hold |
Feb 07, 2023 | Citigroup | Neutral | Neutral | Hold |
Feb 01, 2023 | Raymond James | Outperform | Outperform | Hold |
MPLX LP Financial Forecast
MPLX LP Revenue Forecast
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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $2.80B | $2.91B | - | $2.55B | $2.50B | $2.74B | $2.80B | $2.50B | $2.59B | $2.44B | $2.30B | $2.20B | $2.11B | $2.10B | $1.93B | $2.11B | $2.25B | $2.15B |
Avg Forecast | $3.08B | $3.13B | $3.08B | $2.94B | $3.17B | $3.15B | $3.14B | $3.08B | $3.12B | $3.09B | $2.96B | $2.89B | $2.88B | $2.79B | $2.66B | $2.55B | $2.59B | $2.83B | $2.56B | $2.42B | $2.42B | $2.35B | $2.22B | $2.10B | $2.12B | $2.07B | $1.92B | $2.20B | $2.22B | $2.20B |
High Forecast | $3.08B | $3.13B | $3.08B | $2.94B | $3.17B | $3.15B | $3.14B | $3.08B | $3.12B | $3.18B | $2.96B | $2.89B | $2.96B | $2.90B | $2.66B | $2.55B | $2.59B | $2.83B | $2.56B | $2.42B | $2.42B | $2.35B | $2.22B | $2.10B | $2.12B | $2.07B | $1.92B | $2.20B | $2.22B | $2.20B |
Low Forecast | $3.08B | $3.13B | $3.08B | $2.94B | $3.17B | $3.15B | $3.14B | $3.08B | $3.12B | $2.99B | $2.96B | $2.89B | $2.82B | $2.46B | $2.66B | $2.55B | $2.59B | $2.83B | $2.56B | $2.42B | $2.42B | $2.35B | $2.22B | $2.10B | $2.12B | $2.07B | $1.92B | $2.20B | $2.22B | $2.20B |
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.04% | - | 1.00% | 0.97% | 0.97% | 1.09% | 1.03% | 1.07% | 1.04% | 1.03% | 1.05% | 0.99% | 1.01% | 1.00% | 0.96% | 1.01% | 0.98% |
MPLX LP EBITDA Forecast
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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $1.52B | $1.45B | - | $1.20B | $1.06B | $1.96B | $1.41B | $1.35B | $147.00M | $1.32B | $1.22B | $1.27B | $1.28B | $1.22B | $1.18B | $-2.19B | $-31.00M | $1.34B |
Avg Forecast | $1.30B | $1.32B | $1.30B | $1.24B | $1.34B | $1.33B | $1.33B | $1.30B | $1.32B | $1.31B | $1.25B | $1.61B | $1.22B | $1.18B | $1.13B | $1.46B | $155.23M | $1.20B | $1.08B | $1.33B | $1.02B | $992.89M | $939.38M | $1.17B | $897.35M | $875.19M | $813.39M | $-13.06B | $939.07M | $928.84M |
High Forecast | $1.30B | $1.32B | $1.30B | $1.24B | $1.34B | $1.33B | $1.33B | $1.30B | $1.32B | $1.34B | $1.25B | $1.93B | $1.25B | $1.23B | $1.13B | $1.75B | $186.28M | $1.20B | $1.08B | $1.59B | $1.02B | $992.89M | $939.38M | $1.40B | $897.35M | $875.19M | $813.39M | $-10.45B | $939.07M | $928.84M |
Low Forecast | $1.30B | $1.32B | $1.30B | $1.24B | $1.34B | $1.33B | $1.33B | $1.30B | $1.32B | $1.26B | $1.25B | $1.29B | $1.19B | $1.04B | $1.13B | $1.17B | $124.19M | $1.20B | $1.08B | $1.06B | $1.02B | $992.89M | $939.38M | $933.16M | $897.35M | $875.19M | $813.39M | $-15.68B | $939.07M | $928.84M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.25% | 1.23% | - | 0.82% | 6.83% | 1.64% | 1.30% | 1.02% | 0.14% | 1.33% | 1.30% | 1.09% | 1.43% | 1.39% | 1.45% | 0.17% | -0.03% | 1.44% |
MPLX LP Net Income Forecast
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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $1.13B | $928.00M | - | $943.00M | $816.00M | $1.41B | $871.00M | $825.00M | $620.00M | $802.00M | $706.00M | $739.00M | $691.00M | $665.00M | $648.00M | $-2.72B | $-581.00M | $629.00M |
Avg Forecast | $1.19B | $1.24B | $1.21B | $1.10B | $1.13B | $1.12B | $1.09B | $1.06B | $1.08B | $1.07B | $999.03M | $985.29M | $966.59M | $993.16M | $905.47M | $895.71M | $876.48M | $840.94M | $830.17M | $814.29M | $766.40M | $732.80M | $671.52M | $680.35M | $645.50M | $592.04M | $494.59M | $-16.29B | $633.35M | $617.66M |
High Forecast | $1.19B | $1.24B | $1.21B | $1.10B | $1.13B | $1.12B | $1.09B | $1.06B | $1.08B | $1.17B | $999.25M | $1.18B | $1.05B | $1.06B | $905.47M | $1.07B | $1.05B | $840.94M | $830.17M | $977.14M | $766.40M | $732.80M | $671.52M | $816.42M | $645.50M | $592.04M | $494.59M | $-13.03B | $633.35M | $617.66M |
Low Forecast | $1.19B | $1.24B | $1.21B | $1.10B | $1.13B | $1.12B | $1.09B | $1.06B | $1.08B | $995.54M | $998.80M | $788.23M | $905.55M | $961.13M | $905.47M | $716.57M | $701.18M | $840.94M | $830.17M | $651.43M | $766.40M | $732.80M | $671.52M | $544.28M | $645.50M | $592.04M | $494.59M | $-19.54B | $633.35M | $617.66M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | 0.93% | - | 1.05% | 0.93% | 1.68% | 1.05% | 1.01% | 0.81% | 1.09% | 1.05% | 1.09% | 1.07% | 1.12% | 1.31% | 0.17% | -0.92% | 1.02% |
MPLX LP SG&A Forecast
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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $99.00M | $102.00M | - | $89.00M | $87.00M | $88.00M | $82.00M | $78.00M | $86.00M | $94.00M | $87.00M | $86.00M | $89.00M | $96.00M | $96.00M | $63.00M | $88.00M | $98.00M |
Avg Forecast | $119.55M | $121.45M | $119.71M | $114.08M | $123.20M | $122.39M | $121.74M | $119.44M | $121.03M | $120.00M | $114.80M | $93.15M | $111.70M | $108.40M | $103.44M | $84.69M | $90.82M | $109.81M | $99.25M | $76.99M | $93.83M | $91.21M | $86.29M | $79.17M | $82.43M | $80.40M | $74.72M | $376.65M | $86.26M | $85.32M |
High Forecast | $119.55M | $121.45M | $119.71M | $114.08M | $123.20M | $122.39M | $121.74M | $119.44M | $121.03M | $123.55M | $114.80M | $111.79M | $114.74M | $112.74M | $103.44M | $101.62M | $108.98M | $109.81M | $99.25M | $92.38M | $93.83M | $91.21M | $86.29M | $95.01M | $82.43M | $80.40M | $74.72M | $451.98M | $86.26M | $85.32M |
Low Forecast | $119.55M | $121.45M | $119.71M | $114.08M | $123.20M | $122.39M | $121.74M | $119.44M | $121.03M | $116.05M | $114.80M | $74.52M | $109.42M | $95.64M | $103.44M | $67.75M | $72.65M | $109.81M | $99.25M | $61.59M | $93.83M | $91.21M | $86.29M | $63.34M | $82.43M | $80.40M | $74.72M | $301.32M | $86.26M | $85.32M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.89% | 0.94% | - | 1.05% | 0.96% | 0.80% | 0.83% | 1.01% | 0.92% | 1.03% | 1.01% | 1.09% | 1.08% | 1.19% | 1.28% | 0.17% | 1.02% | 1.15% |
MPLX LP EPS Forecast
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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.13 | $0.89 | - | $0.91 | $0.78 | $1.36 | $0.83 | $0.78 | $0.61 | $0.74 | $0.66 | $0.68 | $0.63 | $0.61 | $0.58 | $-2.60 | $-0.58 | $0.61 |
Avg Forecast | $1.17 | $1.22 | $1.18 | $1.08 | $1.11 | $1.09 | $1.07 | $1.04 | $1.06 | $1.05 | $0.98 | $0.98 | $0.95 | $0.97 | $0.89 | $0.83 | $0.84 | $0.82 | $0.81 | $0.77 | $0.75 | $0.72 | $0.66 | $0.61 | $0.63 | $0.58 | $0.48 | $0.56 | $0.62 | $0.61 |
High Forecast | $1.17 | $1.22 | $1.18 | $1.08 | $1.11 | $1.09 | $1.07 | $1.04 | $1.06 | $1.14 | $0.98 | $0.98 | $1.03 | $1.04 | $0.89 | $0.83 | $0.84 | $0.82 | $0.81 | $0.77 | $0.75 | $0.72 | $0.66 | $0.61 | $0.63 | $0.58 | $0.48 | $0.56 | $0.62 | $0.61 |
Low Forecast | $1.17 | $1.22 | $1.18 | $1.08 | $1.11 | $1.09 | $1.07 | $1.04 | $1.06 | $0.98 | $0.98 | $0.98 | $0.89 | $0.94 | $0.89 | $0.83 | $0.84 | $0.82 | $0.81 | $0.77 | $0.75 | $0.72 | $0.66 | $0.61 | $0.63 | $0.58 | $0.48 | $0.56 | $0.62 | $0.61 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.19% | 0.91% | - | 1.10% | 0.92% | 1.65% | 1.02% | 1.02% | 0.81% | 1.03% | 1.00% | 1.11% | 1.00% | 1.05% | 1.20% | -4.65% | -0.93% | 1.01% |
MPLX LP Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
ENB | Enbridge | $40.83 | $44.17 | 8.18% | Hold |
EPD | Enterprise Products Partners | $29.13 | $31.36 | 7.66% | Buy |
WES | Western Midstream Partners, LP | $36.81 | $38.17 | 3.69% | Hold |
HESM | Hess Midstream LP | $34.54 | $34.33 | -0.61% | Hold |
ET | Energy Transfer LP | $16.51 | $16.40 | -0.67% | Buy |
PAA | Plains All American Pipeline | $16.71 | $15.77 | -5.63% | Hold |
KMI | Kinder Morgan | $24.49 | $22.30 | -8.94% | Buy |
MPLX | MPLX LP | $44.32 | $39.09 | -11.80% | Buy |
OKE | ONEOK | $95.64 | $83.14 | -13.07% | Buy |
AM | Antero Midstream | $14.44 | $12.50 | -13.43% | Buy |
MPLX Forecast FAQ
Is MPLX LP a good buy?
Yes, according to 7 Wall Street analysts, MPLX LP (MPLX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 71.43% of MPLX's total ratings.
What is MPLX's price target?
MPLX LP (MPLX) average price target is $39.09 with a range of $34 to $49, implying a -11.80% from its last price of $44.32. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will MPLX LP stock go up soon?
According to Wall Street analysts' prediction for MPLX stock, the company can go down by -11.80% (from the last price of $44.32 to the average price target of $39.09), up by 10.56% based on the highest stock price target, and down by -23.29% based on the lowest stock price target.
Can MPLX LP stock reach $70?
MPLX's average twelve months analyst stock price target of $39.09 does not support the claim that MPLX LP can reach $70 in the near future.
What is MPLX LP's current price target trend?
2 Wall Street analysts forecast a $46 price target for MPLX LP (MPLX) this month, up 3.79% from its last price of $44.32. Compared to the last 3 and 12 months, the average price target increased by 3.79% and increased by 3.05%, respectively.
What are MPLX LP's analysts' financial forecasts?
MPLX LP's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $12.54B (high $12.54B, low $12.54B), average EBITDA is $5.3B (high $5.3B, low $5.3B), average net income is $4.4B (high $4.4B, low $4.4B), average SG&A $486.78M (high $486.78M, low $486.78M), and average EPS is $4.31 (high $4.31, low $4.31). MPLX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $12.23B (high $12.23B, low $12.23B), average EBITDA is $5.17B (high $5.17B, low $5.17B), average net income is $4.75B (high $4.75B, low $4.75B), average SG&A $474.79M (high $474.79M, low $474.79M), and average EPS is $4.65 (high $4.65, low $4.65).
Did the MPLX's actual financial results beat the analysts' financial forecasts?
Based on MPLX LP's last annual report (Dec 2023), the company's revenue was $10.68B, which missed the average analysts forecast of $10.89B by -1.91%. Apple's EBITDA was $5.51B, beating the average prediction of $4.98B by 10.65%. The company's net income was $3.93B, beating the average estimation of $3.76B by 4.44%. Apple's SG&A was $379M, missing the average forecast of $408.22M by -7.16%. Lastly, the company's EPS was $3.92, beating the average prediction of $3.64 by 7.72%. In terms of the last quarterly report (Dec 2023), MPLX LP's revenue was $2.8B, missing the average analysts' forecast of $2.88B by -2.56%. The company's EBITDA was $1.52B, beating the average prediction of $1.22B by 24.93%. MPLX LP's net income was $1.13B, beating the average estimation of $966.59M by 17.32%. The company's SG&A was $99M, missing the average forecast of $111.7M by -11.37%. Lastly, the company's EPS was $1.13, beating the average prediction of $0.948 by 19.24%