Marathon Petroleum Corporation (MPC)
NYSE: MPC · Real-Time Price · USD
133.38
+1.73 (1.31%)
Dec 20, 2024, 4:00 PM EST - Market closed
Marathon Petroleum Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Marathon Petroleum stock have an average target of 183.54, with a low estimate of 145 and a high estimate of 231. The average target predicts an increase of 37.61% from the current stock price of 133.38.
Analyst Consensus: Buy
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 6 | 5 | 5 | 6 | 6 | 6 |
| Hold | 3 | 3 | 3 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 12 | 12 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Hold Maintains $175 → $174 | Hold | Maintains | $175 → $174 | +30.45% | Dec 16, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $183 → $186 | Buy | Maintains | $183 → $186 | +39.45% | Dec 9, 2024 |
| Barclays | Barclays | Buy Maintains $168 → $159 | Buy | Maintains | $168 → $159 | +19.21% | Nov 11, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $174 → $170 | Strong Buy | Maintains | $174 → $170 | +27.46% | Nov 6, 2024 |
| Citigroup | Citigroup | Hold Maintains $172 → $167 | Hold | Maintains | $172 → $167 | +25.21% | Oct 10, 2024 |
Financial Forecast
Revenue This Year
140.75B
from 149.35B
Decreased by -5.76%
Revenue Next Year
132.20B
from 140.75B
Decreased by -6.07%
EPS This Year
9.31
from 23.63
Decreased by -60.61%
EPS Next Year
9.34
from 9.31
Increased by 0.35%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 154.3B | 168.0B | 168.0B | ||
| Avg | 140.7B | 132.2B | 136.4B | ||
| Low | 128.2B | 94.1B | 100.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.3% | 19.4% | 27.1% | ||
| Avg | -5.8% | -6.1% | 3.2% | ||
| Low | -14.2% | -33.1% | -24.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 12.82 | 13.97 | 18.72 | |||
| Avg | 9.31 | 9.34 | 13.05 | |||
| Low | 7.26 | 6.94 | 9.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -45.7% | 50.0% | 100.4% | |||
| Avg | -60.6% | 0.3% | 39.7% | |||
| Low | -69.3% | -25.5% | -2.6% |
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.