Marathon Petroleum Corporation (MPC)

Marathon Petroleum Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Marathon Petroleum stock have an average target of 180.31, with a low estimate of 145 and a high estimate of 231. The average target predicts an increase of 19.55% from the current stock price of 150.82.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$145	$180.31	$174	$231
Change	-3.86%	+19.55%	+15.37%	+53.16%

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	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	4	4	4	4	4	4
Buy	5	5	6	6	6	6
Hold	3	3	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	14	14	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Justin Jenkins Raymond James	Raymond James	Strong Buy Maintains $190 → $192	Strong Buy	Maintains	$190 → $192	+27.30%	Jan 17, 2025
Roger Read Wells Fargo	Wells Fargo	Buy Maintains $186 → $182	Buy	Maintains	$186 → $182	+20.67%	Jan 10, 2025
Nitin Kumar Mizuho	Mizuho	Hold Maintains $175 → $174	Hold	Maintains	$175 → $174	+15.37%	Dec 16, 2024
Roger Read Wells Fargo	Wells Fargo	Buy Maintains $183 → $186	Buy	Maintains	$183 → $186	+23.33%	Dec 9, 2024
Theresa Chen Barclays	Barclays	Buy Maintains $168 → $159	Buy	Maintains	$168 → $159	+5.42%	Nov 11, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

140.54B

Decreased by -5.90%

from 149.35B

Revenue Next Year

131.99B

Decreased by -6.08%

from 140.54B

EPS This Year

9.31

Decreased by -60.61%

from 23.63

EPS Next Year

9.34

Increased by 0.35%

from 9.31

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	111.28B	69.90B	120.45B	178.24B	149.35B	140.54B	131.99B	136.51B
Revenue Growth	28.96%	-37.19%	72.33%	47.97%	-16.21%	-5.90%	-6.08%	3.43%
EPS	3.97	-15.14	15.26	28.12	23.63	9.31	9.34	13.05
EPS Growth	-24.73%	-	-	84.25%	-15.97%	-60.61%	0.35%	39.73%
Forward PE	-	-	-	-	-	16.20	16.15	11.55
No. Analysts	-	-	-	-	-	21	21	16

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	154.3B	168.0B	168.0B
Avg	140.5B	132.0B	136.5B
Low	128.2B	94.1B	99.4B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	3.3%	19.5%	27.3%
Avg	-5.9%	-6.1%	3.4%
Low	-14.2%	-33.0%	-24.7%

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.