Marathon Petroleum Corporation (MPC)
NYSE: MPC · Real-Time Price · USD
144.94
+1.81 (1.26%)
At close: Nov 4, 2024, 4:00 PM
146.00
+1.06 (0.73%)
After-hours: Nov 4, 2024, 7:05 PM EST
Marathon Petroleum Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Marathon Petroleum stock have an average target of 187, with a low estimate of 145 and a high estimate of 231. The average target predicts an increase of 29.02% from the current stock price of 144.94.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Buy | 5 | 5 | 6 | 5 | 5 | 6 |
| Hold | 4 | 4 | 3 | 3 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 13 | 12 | 12 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $172 → $167 | Hold | Maintains | $172 → $167 | +15.22% | Oct 10, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $191 → $170 | Buy | Maintains | $191 → $170 | +17.29% | Oct 10, 2024 |
| Barclays | Barclays | Buy Maintains $180 → $168 | Buy | Maintains | $180 → $168 | +15.91% | Oct 10, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $172 → $171 | Hold | Maintains | $172 → $171 | +17.98% | Oct 9, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $196 → $183 | Buy | Maintains | $196 → $183 | +26.26% | Oct 9, 2024 |
Financial Forecast
Revenue This Year
139.04B
from 149.35B
Decreased by -6.90%
Revenue Next Year
133.88B
from 139.04B
Decreased by -3.71%
EPS This Year
8.84
from 23.63
Decreased by -62.59%
EPS Next Year
9.96
from 8.84
Increased by 12.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 159.2B | 168.0B | 168.0B | ||
| Avg | 139.0B | 133.9B | 136.7B | ||
| Low | 115.4B | 94.1B | 99.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.6% | 20.8% | 25.5% | ||
| Avg | -6.9% | -3.7% | 2.1% | ||
| Low | -22.7% | -32.3% | -26.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.68 | 15.04 | 19.27 | ||
| Avg | 8.84 | 9.96 | 13.63 | ||
| Low | 7.26 | 6.63 | 8.48 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -50.6% | 70.1% | 93.5% | ||
| Avg | -62.6% | 12.6% | 36.9% | ||
| Low | -69.3% | -25.0% | -14.8% |
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.