MPLX LP Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for MPLX LP stock have an average target of 53.18, with a low estimate of 43 and a high estimate of 62. The average target predicts a decrease of -1.59% from the current stock price of 54.04.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$43	$53.18	$55	$62
Change	-20.43%	-1.59%	+1.78%	+14.73%

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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	4	4	4	4	4	3
Buy	6	6	6	6	6	6
Hold	0	0	0	0	0	1
Sell	1	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
Elvira Scotto RBC Capital	RBC Capital	Buy Maintains $55 → $58	Buy	Maintains	$55 → $58	+7.33%	Mar 17, 2025
Theresa Chen Barclays	Barclays	Buy Maintains $52 → $55	Buy	Maintains	$52 → $55	+1.78%	Mar 14, 2025
Robert Kad Morgan Stanley	Morgan Stanley	Hold Maintains $56 → $62	Hold	Maintains	$56 → $62	+14.73%	Mar 11, 2025
Justin Jenkins Raymond James	Raymond James	Buy Maintains $55 → $60	Buy	Maintains	$55 → $60	+11.03%	Feb 6, 2025
Michael Blum Wells Fargo	Wells Fargo	Buy Maintains $54 → $59	Buy	Maintains	$54 → $59	+9.18%	Feb 6, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

12.91B

from 11.13B

15.95%

from 11.13B

Revenue Next Year

13.37B

from 12.91B

3.57%

from 12.91B

EPS This Year

4.53

from 4.21

7.49%

from 4.21

EPS Next Year

4.79

from 4.53

5.79%

from 4.53

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	11.13B	12.91B	13.37B	9.35B
Revenue Growth	-2.81%	14.12%	14.74%	-4.09%	4.21%	15.95%	3.57%	-30.06%
EPS	-0.80	2.86	3.75	3.80	4.21	4.53	4.79	5.18
EPS Growth	-	-	31.17%	1.33%	10.79%	7.49%	5.79%	8.20%
Forward PE	-	-	-	-	-	11.94	11.29	10.43
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	14.6B	14.7B
Avg	12.9B	13.4B	9.3B
Low	11.9B	12.1B	979.5M

Revenue Growth

Revenue Growth	2025	2026	2027
High	23.4%	13.2%	9.7%
Avg	15.9%	3.6%	-30.1%
Low	6.8%	-6.4%	-92.7%

EPS Forecast

EPS	2025	2026	2027
High	4.90	5.13	5.43
Avg	4.53	4.79	5.18
Low	4.10	4.30	4.73

EPS Growth

EPS Growth	2025	2026	2027
High	16.5%	13.5%	13.5%
Avg	7.5%	5.8%	8.2%
Low	-2.7%	-4.9%	-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.