MPLX LP Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for MPLX LP stock have an average target of 50.91, with a low estimate of 43 and a high estimate of 60. The average target predicts a decrease of -4.63% from the current stock price of 53.38.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$43	$50.91	$52	$60
Change	-19.45%	-4.63%	-2.59%	+12.40%

Analyst Ratings

The average analyst rating for MPLX LP stock from 11 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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	5	4	4	4	4	4
Buy	6	6	6	6	6	6
Hold	0	0	0	0	0	0
Sell	0	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	11	11	11	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Justin Jenkins Raymond James	Raymond James	Buy Maintains $55 → $60	Buy	Maintains	$55 → $60	+12.40%	Feb 6, 2025
Michael Blum Wells Fargo	Wells Fargo	Buy Maintains $54 → $59	Buy	Maintains	$54 → $59	+10.53%	Feb 6, 2025
Theresa Chen Barclays	Barclays	Buy Maintains $49 → $52	Buy	Maintains	$49 → $52	-2.59%	Jan 13, 2025
Michael Blum Wells Fargo	Wells Fargo	Buy Maintains $53 → $54	Buy	Maintains	$53 → $54	+1.16%	Dec 18, 2024
Neal Dingmann Truist Securities	Truist Securities	Strong Buy Maintains $48 → $55	Strong Buy	Maintains	$48 → $55	+3.03%	Nov 19, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

12.90B

from 11.93B

8.10%

from 11.93B

Revenue Next Year

13.27B

from 12.90B

2.88%

from 12.90B

EPS This Year

4.51

from 4.21

7.20%

from 4.21

EPS Next Year

4.79

from 4.51

6.07%

from 4.51

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	8.51B	9.71B	11.14B	10.68B	11.93B	12.90B	13.27B	13.19B
Revenue Growth	-2.81%	14.12%	14.74%	-4.09%	11.72%	8.10%	2.88%	-0.64%
EPS	-0.80	2.86	3.75	3.80	4.21	4.51	4.79	5.18
EPS Growth	-	-	31.17%	1.33%	10.79%	7.20%	6.07%	8.20%
Forward PE	-	-	-	-	-	11.83	11.15	10.31
No. Analysts	-	-	-	-	-	14	13	6

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

Revenue Forecast

Revenue	2025	2026	2027
High	13.7B	14.4B	15.0B
Avg	12.9B	13.3B	13.2B
Low	12.0B	12.2B	11.3B

Revenue Growth

Revenue Growth	2025	2026	2027
High	14.5%	11.5%	13.0%
Avg	8.1%	2.9%	-0.6%
Low	0.2%	-5.5%	-14.6%

EPS Forecast

EPS	2025	2026	2027
High	4.90	5.13	5.43
Avg	4.51	4.79	5.18
Low	4.10	4.30	4.73

EPS Growth

EPS Growth	2025	2026	2027
High	16.5%	13.8%	13.5%
Avg	7.2%	6.1%	8.2%
Low	-2.7%	-4.7%	-1.1%

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.