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 $60.71. The average 1-year stock price forecast is 6.81% higher than the current stock price, while the lowest is $54 (-5.00%) and the highest is $73 (+28.43%).

Price Target: $60.71 (+6.81%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$54	$60.71	$60	$73
Change	-5.00%	+6.81%	+5.56%	+28.43%

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

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	5	5	5	6	6	6
Buy	3	2	2	2	2	2
Hold	5	6	6	6	6	6
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	14	14	14	15	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Blum Wells Fargo	Wells Fargo	Buy Maintains $61	Buy	Maintains	$61	+7.32%	May 29, 2026
Robert Kad Morgan Stanley	Morgan Stanley	Hold Reiterates $60	Hold	Reiterates	$60	+5.56%	May 20, 2026
Theresa Chen Barclays	Barclays	Buy Reiterates $58 → $59	Buy	Reiterates	$58 → $59	+3.80%	May 14, 2026
John Mackay Goldman Sachs	Goldman Sachs	Buy Maintains $63	Buy	Maintains	$63	+10.84%	May 7, 2026
Gabriel Daoud Truist Financial	Truist Financial	Buy Maintains n/a	Buy	Maintains	n/a	n/a	May 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

12.98B

from 11.82B

9.83%

from 11.82B

Revenue Next Year

13.81B

from 12.98B

6.38%

from 12.98B

EPS This Year

4.58

from 4.33

5.62%

from 4.33

EPS Next Year

4.94

from 4.58

7.91%

from 4.58

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	9.71B	11.14B	10.59B	11.11B	11.82B	12.98B
Revenue Growth	14.12%	14.74%	-4.92%	4.93%	6.35%	9.83%
Gross Profit	5.47B	6.12B	5.93B	6.31B	6.70B	7.97B
Gross Margin	56.39%	54.91%	56.01%	56.76%	56.66%	61.42%
Operating Income	3.71B	4.44B	4.21B	4.47B	4.76B	5.63B
Net Income	3.08B	3.94B	3.93B	4.32B	4.91B	4.51B
EPS	-	-	-	-	4.33	4.58
EPS Growth	-	-	-	-	2.91%	5.62%
Forward PE	9.85	9.75	9.37	11.11	12.06	12.42
Dividend / Share	2.79	2.96	3.25	3.61	4.07	4.53
Dividend Growth	-	6.28%	9.80%	11.17%	12.54%	11.33%
Free Cash Flow	2.74B	2.59B	2.38B	2.54B	2.00B	3.37B
No. Analysts	-	-	-	-	-	8

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	13.5B
Avg	13.0B
Low	12.5B

Revenue Growth

Revenue Growth	2026	2027	2028
High	14.3%
Avg	9.8%
Low	6.1%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	4.58
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	5.6%
Low	-