MPLX LP (MPLX)
NYSE: MPLX · Real-Time Price · USD
58.20
+0.02 (0.03%)
Oct 20, 2026, 9:30 AM EDT - Market open

MPLX LP Stock Forecast

Stock Price Forecast

According to 15 analysts polled by S&P Global, MPLX LP stock has a consensus rating of "Buy" and an average price target of $62.69. The average 1-year stock price forecast is 7.71% higher than the current stock price, while the lowest is $54 (-7.22%) and the highest is $73 (+25.43%).

Price Target: $62.69 (+7.71%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$54$62.69$63$73
Change-7.22%+7.71%+8.25%+25.43%

Analyst Ratings

The average analyst rating for MPLX LP stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy665544
Buy222222
Hold667788
Sell111111
Strong Sell000000
Total151515151515

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
No rating
J.P. Morgan
Hold
Maintains
$62
HoldMaintains$62+6.53%Oct 20, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$66 → $64
HoldMaintains$66 → $64+9.97%Oct 13, 2026
Barclays
Barclays
Buy
Reiterates
$63
BuyReiterates$63+8.25%Oct 12, 2026
Unknown Analyst
UBS
No rating
UBS
Buy
Maintains
$73
BuyMaintains$73+25.43%Sep 29, 2026
Stifel Nicolaus
Stifel Nicolaus
Hold
Initiates
$65
HoldInitiates$65+11.68%Sep 9, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
13.13B
from 11.82B
Increased by 11.14%
Revenue Next Year
14.09B
from 13.13B
Increased by 7.31%
EPS This Year
4.34
from 4.33
Increased by 0.20%
EPS Next Year
4.79
from 4.34
Increased by 10.43%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
9.71B11.14B10.59B11.11B11.82B13.13B
Revenue Growth
14.12%14.74%-4.92%4.93%6.35%11.14%
Gross Profit
5.47B6.12B5.93B6.31B6.70B7.84B
Gross Margin
56.39%54.91%56.01%56.76%56.66%59.71%
Operating Income
3.71B4.44B4.21B4.47B4.76B5.58B
Net Income
3.08B3.94B3.93B4.32B4.91B4.43B
EPS
----4.334.34
EPS Growth
----2.91%0.20%
Forward PE
9.859.759.3711.1112.0613.41
Dividend / Share
2.792.963.253.614.074.55
Dividend Growth
1.27%6.28%9.80%11.17%12.54%11.87%
Free Cash Flow
----1.03B2.96B
No. Analysts
-----8
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High13.5B
Avg13.1B
Low12.8B

Revenue Growth

Revenue Growth202620272028
High
14.3%
Avg
11.1%
Low
8.4%

EPS Forecast

EPS202620272028
High4.76
Avg4.34
Low4.13

EPS Growth

EPS Growth202620272028
High
9.8%
Avg
0.2%
Low
-4.7%