MPLX LP (MPLX)
NYSE: MPLX · Real-Time Price · USD
47.28
+1.14 (2.47%)
Dec 20, 2024, 4:00 PM EST - Market closed
MPLX LP Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for MPLX LP stock have an average target of 48.82, with a low estimate of 43 and a high estimate of 55. The average target predicts an increase of 3.26% from the current stock price of 47.28.
Analyst Consensus: Buy
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 4 | 4 | 4 |
| Buy | 4 | 5 | 6 | 6 | 6 | 6 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $53 → $54 | Buy | Maintains | $53 → $54 | +14.21% | Dec 18, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $48 → $55 | Strong Buy | Maintains | $48 → $55 | +16.33% | Nov 19, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $50 → $52 | Buy | Maintains | $50 → $52 | +9.98% | Nov 18, 2024 |
| UBS | UBS | Strong Buy Maintains $51 → $55 | Strong Buy | Maintains | $51 → $55 | +16.33% | Nov 15, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $50 → $53 | Buy | Maintains | $50 → $53 | +12.10% | Nov 7, 2024 |
Financial Forecast
Revenue This Year
12.18B
from 10.68B
Increased by 14.01%
Revenue Next Year
12.78B
from 12.18B
Increased by 4.95%
EPS This Year
4.27
from 3.80
Increased by 12.24%
EPS Next Year
4.38
from 4.27
Increased by 2.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.6B | 13.4B | 13.9B | ||
| Avg | 12.2B | 12.8B | 13.0B | ||
| Low | 11.6B | 11.9B | 12.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.3% | 9.7% | 8.4% | ||
| Avg | 14.0% | 5.0% | 1.9% | ||
| Low | 8.9% | -1.9% | -4.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 4.47 | 4.69 | 4.99 | |||
| Avg | 4.27 | 4.38 | 4.65 | |||
| Low | 3.99 | 4.01 | 4.23 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 17.7% | 10.0% | 13.9% | |||
| Avg | 12.2% | 2.6% | 6.3% | |||
| Low | 5.0% | -6.0% | -3.3% |
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.