MPLX LP (MPLX)
NYSE: MPLX · Real-Time Price · USD
57.61
-0.18 (-0.31%)
At close: Jul 30, 2026, 4:00 PM EDT
57.80
+0.19 (0.33%)
After-hours: Jul 30, 2026, 6:10 PM EDT

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 $60.92. The average 1-year stock price forecast is 5.75% higher than the current stock price, while the lowest is $54 (-6.27%) and the highest is $73 (+26.71%).

Price Target: $60.92 (+5.75%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$54$60.92$60$73
Change-6.27%+5.75%+4.15%+26.71%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy566665
Buy222222
Hold666667
Sell111111
Strong Sell000000
Total141515151515

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Wolfe Research
Wolfe Research
Hold
Downgrades
n/a
HoldDowngradesn/an/aJul 29, 2026
RBC Capital
RBC Capital
Buy
Maintains
$60
BuyMaintains$60+4.15%Jul 22, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$60
HoldMaintains$60+4.15%Jul 21, 2026
Barclays
Barclays
Buy
Maintains
$59
BuyMaintains$59+2.41%Jul 13, 2026
J.P. Morgan
J.P. Morgan
Hold
Maintains
$58$60
HoldMaintains$58$60+4.15%Jul 10, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
12.88B
from 11.82B
Increased by 9.01%
Revenue Next Year
13.78B
from 12.88B
Increased by 6.96%
EPS This Year
4.45
from 4.33
Increased by 2.77%
EPS Next Year
4.87
from 4.45
Increased by 9.35%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
9.71B11.14B10.59B11.11B11.82B12.88B
Revenue Growth
14.12%14.74%-4.92%4.93%6.35%9.01%
Gross Profit
5.47B6.12B5.93B6.31B6.70B7.88B
Gross Margin
56.39%54.91%56.01%56.76%56.66%61.19%
Operating Income
3.71B4.44B4.21B4.47B4.76B5.58B
Net Income
3.08B3.94B3.93B4.32B4.91B4.46B
EPS
----4.334.45
EPS Growth
----2.91%2.77%
Forward PE
9.859.759.3711.1112.0612.94
Dividend / Share
2.792.963.253.614.074.53
Dividend Growth
-6.28%9.80%11.17%12.54%11.33%
Free Cash Flow
2.74B2.59B2.38B2.54B2.00B3.33B
No. Analysts
-----8
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High13.5B
Avg12.9B
Low12.5B

Revenue Growth

Revenue Growth202620272028
High
14.3%
Avg
9.0%
Low
5.4%

EPS Forecast

EPS202620272028
High4.85
Avg4.45
Low4.07

EPS Growth

EPS Growth202620272028
High
11.9%
Avg
2.8%
Low
-6.1%