MPLX LP (MPLX)
NYSE: MPLX · IEX Real-Time Price · USD
41.77
+0.29 (0.70%)
At close: Apr 24, 2024, 4:00 PM
41.75
-0.02 (-0.05%)
After-hours: Apr 24, 2024, 7:55 PM EDT
MPLX LP Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for MPLX LP stock have an average target of 43.22, with a low estimate of 36 and a high estimate of 49. The average target predicts an increase of 3.47% from the current stock price of 41.77.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MPLX LP stock from 9 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 4 |
| Buy | 5 | 5 | 4 | 4 | 4 | 3 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 8 | 8 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $46 → $49 | Strong Buy | Maintains | $46 → $49 | +17.31% | Apr 12, 2024 |
| Barclays | Barclays | Buy Maintains $40 → $43 | Buy | Maintains | $40 → $43 | +2.94% | Apr 5, 2024 |
| UBS | UBS | Strong Buy Maintains $44 → $46 | Strong Buy | Maintains | $44 → $46 | +10.13% | Mar 1, 2024 |
| Raymond James | Raymond James | Buy Maintains $44 → $45 | Buy | Maintains | $44 → $45 | +7.73% | Jan 31, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $45 → $46 | Buy | Maintains | $45 → $46 | +10.13% | Jan 31, 2024 |
Financial Forecast
Revenue This Year
12.03B
from 11.28B
Increased by 6.67%
Revenue Next Year
12.25B
from 12.03B
Increased by 1.77%
EPS This Year
4.17
from 3.80
Increased by 9.81%
EPS Next Year
4.38
from 4.17
Increased by 4.94%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 12.9B | 13.3B | 12.2B | 11.8B |
| Avg | 12.0B | 12.2B | 11.7B | 11.5B |
| Low | 11.1B | 10.9B | 11.1B | 11.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 14.3% | 10.7% | -0.5% | 1.1% |
| Avg | 6.7% | 1.8% | -4.5% | -1.8% |
| Low | -2.0% | -9.4% | -9.4% | -5.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.55 | 4.85 | 5.19 | 4.69 | 4.87 |
| Avg | 4.17 | 4.38 | 4.50 | 4.14 | 4.73 |
| Low | 3.80 | 3.91 | 3.88 | 3.57 | 4.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.6% | 16.3% | 18.5% | 4.4% | 17.8% |
| Avg | 9.8% | 4.9% | 2.7% | -8.0% | 14.4% |
| Low | 0.1% | -6.3% | -11.4% | -20.7% | 9.9% |
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.