MPLX LP (MPLX)
NYSE: MPLX · Real-Time Price · USD
59.83
+0.16 (0.27%)
At close: Sep 8, 2026, 4:00 PM EDT
59.69
+0.02 (0.04%)
After-hours: Sep 8, 2026, 7:33 PM EDT

MPLX LP Stock Forecast

Stock Price Forecast

According to 14 analysts polled by S&P Global, MPLX LP stock has a consensus rating of "Buy" and an average price target of $62.67. The average 1-year stock price forecast is 4.75% higher than the current stock price, while the lowest is $54 (-9.74%) and the highest is $73 (+22.01%).

Price Target: $62.67 (+4.75%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$54$62.67$63$73
Change-9.74%+4.75%+5.30%+22.01%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy666554
Buy222222
Hold666777
Sell111111
Strong Sell000000
Total151515151514

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Hold
Maintains
$60$62
HoldMaintains$60$62+3.63%Sep 4, 2026
Unknown Analyst
UBS
No rating
UBS
Buy
Reiterates
$73
BuyReiterates$73+22.01%Aug 31, 2026
RBC Capital
RBC Capital
Buy
Maintains
$60$64
BuyMaintains$60$64+6.97%Aug 21, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$63
BuyMaintains$63+5.30%Aug 17, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$66$60
HoldMaintains$66$60+0.28%Aug 12, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
13.14B
from 11.82B
Increased by 11.19%
Revenue Next Year
14.09B
from 13.14B
Increased by 7.24%
EPS This Year
4.42
from 4.33
Increased by 2.01%
EPS Next Year
4.85
from 4.42
Increased by 9.67%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
9.71B11.14B10.59B11.11B11.82B13.14B
Revenue Growth
14.12%14.74%-4.92%4.93%6.35%11.19%
Gross Profit
5.47B6.12B5.93B6.31B6.70B7.87B
Gross Margin
56.39%54.91%56.01%56.76%56.66%59.87%
Operating Income
3.71B4.44B4.21B4.47B4.76B5.59B
Net Income
3.08B3.94B3.93B4.32B4.91B4.46B
EPS
----4.334.42
EPS Growth
----2.91%2.01%
Forward PE
9.859.759.3711.1112.0613.54
Dividend / Share
2.792.963.253.614.074.55
Dividend Growth
1.27%6.28%9.80%11.17%12.54%11.83%
Free Cash Flow
2.74B2.59B2.38B2.54B2.00B3.07B
No. Analysts
-----8
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High13.5B
Avg13.1B
Low12.9B

Revenue Growth

Revenue Growth202620272028
High
14.3%
Avg
11.2%
Low
8.9%

EPS Forecast

EPS202620272028
High4.82
Avg4.42
Low4.16

EPS Growth

EPS Growth202620272028
High
11.2%
Avg
2.0%
Low
-4.0%