Marathon Petroleum Corporation (MPC)
NYSE: MPC · Real-Time Price · USD
160.86
+1.48 (0.93%)
Nov 21, 2024, 11:24 AM EST - Market open

Marathon Petroleum Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Marathon Petroleum stock have an average target of 184.77, with a low estimate of 145 and a high estimate of 231. The average target predicts an increase of 14.86% from the current stock price of 160.86.

Analyst Consensus: Buy
Target Low Average Median High
Price $145 $184.77 $182 $231
Change -9.86% +14.86% +13.14% +43.60%

Analyst Ratings

The average analyst rating for MPC stock from 14 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 344444
Buy 565566
Hold 433344
Sell 000000
Strong Sell 000000
Total 121312121414

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Buy
Maintains
$168$159
Buy Maintains $168$159 -1.16% Nov 11, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$174$170
Strong Buy Maintains $174$170 +5.68% Nov 6, 2024
Citigroup
Citigroup
Hold
Maintains
$172$167
Hold Maintains $172$167 +3.82% Oct 10, 2024
Scotiabank
Scotiabank
Buy
Maintains
$191$170
Buy Maintains $191$170 +5.68% Oct 10, 2024
Barclays
Barclays
Buy
Maintains
$180$168
Buy Maintains $180$168 +4.44% Oct 10, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
141.68B
from 149.35B
Decreased by -5.14%
Revenue Next Year
135.02B
from 141.68B
Decreased by -4.70%
EPS This Year
9.80
from 23.63
Decreased by -58.51%
EPS Next Year
10.40
from 9.80
Increased by 6.07%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
111.28B69.90B120.45B178.24B149.35B141.68B135.02B137.10B
Revenue Growth
28.96%-37.19%72.33%47.97%-16.21%-5.14%-4.70%1.54%
EPS
3.97-15.1415.2628.1223.639.8010.4013.80
EPS Growth
-24.73%--84.25%-15.97%-58.51%6.07%32.70%
Forward PE
-----16.4115.4711.66
No. Analysts -----212116
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 159.6B 168.0B 168.0B
Avg 141.7B 135.0B 137.1B
Low 126.8B 94.1B 99.8B

Revenue Growth

Revenue Growth 20242025202620272028
High
6.9%
18.6%
24.4%
Avg
-5.1%
-4.7%
1.5%
Low
-15.1%
-33.6%
-26.1%

EPS Forecast

EPS 20242025202620272028
High 18.70 16.76 19.27
Avg 9.80 10.40 13.80
Low 7.26 6.63 8.48

EPS Growth

EPS Growth 20242025202620272028
High
-20.9%
70.9%
85.3%
Avg
-58.5%
6.1%
32.7%
Low
-69.3%
-32.3%
-18.5%
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.