Marathon Petroleum Corporation (MPC)
NYSE: MPC · IEX Real-Time Price · USD
199.14
-0.51 (-0.26%)
At close: Apr 24, 2024, 4:00 PM
198.10
-1.04 (-0.52%)
After-hours: Apr 24, 2024, 7:52 PM EDT
Marathon Petroleum Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Marathon Petroleum stock have an average target of 195.75, with a low estimate of 152 and a high estimate of 230. The average target predicts a decrease of -1.70% from the current stock price of 199.14.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Buy | 4 | 5 | 5 | 4 | 4 | 5 |
| Hold | 5 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 12 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Hold Maintains $201 → $202 | Hold | Maintains | $201 → $202 | +1.44% | Apr 12, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $175 → $207 | Buy | Maintains | $175 → $207 | +3.95% | Apr 11, 2024 |
| Barclays | Barclays | Buy Maintains $168 → $221 | Buy | Maintains | $168 → $221 | +10.98% | Apr 5, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $159 → $204 | Hold | Maintains | $159 → $204 | +2.44% | Apr 5, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $214 → $227 | Buy | Maintains | $214 → $227 | +13.99% | Apr 4, 2024 |
Financial Forecast
Revenue This Year
138.77B
from 150.31B
Decreased by -7.68%
Revenue Next Year
135.40B
from 138.77B
Decreased by -2.42%
EPS This Year
17.71
from 23.63
Decreased by -25.04%
EPS Next Year
15.80
from 17.71
Decreased by -10.83%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 168.0B | 168.0B | 148.4B | 103.7B |
| Avg | 138.8B | 135.4B | 133.1B | 99.8B |
| Low | 94.1B | 96.2B | 97.8B | 96.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 11.8% | 21.1% | 9.6% | -22.1% |
| Avg | -7.7% | -2.4% | -1.7% | -25.0% |
| Low | -37.4% | -30.7% | -27.8% | -27.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.63 | 21.48 | 21.67 | 18.48 | 15.75 |
| Avg | 17.71 | 15.80 | 15.13 | 15.95 | 15.15 |
| Low | 13.02 | 8.02 | 7.57 | 13.71 | 14.70 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.2% | 21.3% | 37.2% | 22.2% | -1.3% |
| Avg | -25.0% | -10.8% | -4.2% | 5.5% | -5.0% |
| Low | -44.9% | -54.7% | -52.1% | -9.4% | -7.9% |
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.