Marathon Petroleum Corporation (MPC)
NYSE: MPC · Real-Time Price · USD
163.44
+1.78 (1.10%)
Sep 26, 2024, 4:00 PM EDT - Market closed
Marathon Petroleum Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Marathon Petroleum stock have an average target of 194.55, with a low estimate of 145 and a high estimate of 231. The average target predicts an increase of 19.03% from the current stock price of 163.44.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for MPC stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Buy | 5 | 5 | 5 | 6 | 5 | 5 |
| Hold | 4 | 4 | 4 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 13 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $168 → $145 | Hold | Maintains | $168 → $145 | -11.28% | Sep 20, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $196 → $182 | Buy | Maintains | $196 → $182 | +11.36% | Sep 16, 2024 |
| Mizuho | Mizuho | Hold Maintains $198 → $193 | Hold | Maintains | $198 → $193 | +18.09% | Sep 16, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $187 → $190 | Strong Buy | Maintains | $187 → $190 | +16.25% | Aug 7, 2024 |
| Wolfe Research | Wolfe Research | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Jul 18, 2024 |
Financial Forecast
Revenue This Year
139.75B
from 149.35B
Decreased by -6.43%
Revenue Next Year
132.84B
from 139.75B
Decreased by -4.94%
EPS This Year
12.03
from 23.63
Decreased by -49.09%
EPS Next Year
14.96
from 12.03
Increased by 24.34%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 159.2B | 168.0B | 148.3B | ||
| Avg | 139.7B | 132.8B | 128.5B | ||
| Low | 115.8B | 90.1B | 98.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.6% | 20.2% | 11.6% | ||
| Avg | -6.4% | -4.9% | -3.2% | ||
| Low | -22.5% | -35.5% | -26.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.47 | 22.31 | 25.88 | ||
| Avg | 12.03 | 14.96 | 15.70 | ||
| Low | 8.81 | 9.34 | 12.36 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -38.8% | 85.5% | 73.0% | ||
| Avg | -49.1% | 24.3% | 5.0% | ||
| Low | -62.7% | -22.4% | -17.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.