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Mplx (MPLX) Stock Forecast & Price Target

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$48.38 +0.46 (+0.96%)
(As of 10:47 AM ET)

Mplx - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
0
Buy
8

Based on 9 Wall Street analysts who have issued ratings for Mplx in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 9 analysts, 1 has given a sell rating, and 8 have given a buy rating for MPLX.

Consensus Price Target

$49.56
2.43% Upside
According to the 9 analysts' twelve-month price targets for Mplx, the average price target is $49.56. The highest price target for MPLX is $55.00, while the lowest price target for MPLX is $43.00. The average price target represents a forecasted upside of 2.43% from the current price of $48.38.
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MPLX Analyst Ratings Over Time

TypeCurrent Forecast
12/25/23 to 12/24/24
1 Month Ago
11/25/23 to 11/24/24
3 Months Ago
9/26/23 to 9/25/24
1 Year Ago
12/25/22 to 12/25/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
9 Buy rating(s)
6 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
2 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$49.56$49.44$46.56$39.75
Forecasted Upside2.43% Upside-0.11% Downside3.73% Upside8.84% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Buy
Moderate Buy

MPLX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MPLX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Mplx Stock vs. The Competition

TypeMplxOils/Energy CompaniesS&P 500
Consensus Rating Score
2.78
2.63
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside3.41% Upside1,482.65% Upside14.28% Upside
News Sentiment Rating
Positive News

See Recent MPLX News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/18/2024Wells Fargo & Company
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$53.00 ➝ $54.00+13.40%
11/19/2024Truist Financial
2 of 5 stars
 Boost TargetBuy ➝ Buy$48.00 ➝ $55.00+15.84%
11/18/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetOutperform ➝ Outperform$50.00 ➝ $52.00+9.64%
11/15/2024UBS Group
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 Boost TargetBuy ➝ Buy$51.00 ➝ $55.00+17.05%
10/17/2024Bank of America
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 Initiated CoverageUnderperform$43.00-3.27%
10/10/2024Barclays
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 Boost TargetOverweight ➝ Overweight$45.00 ➝ $49.00+10.81%
5/3/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$45.00 ➝ $46.00+11.87%
5/1/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$45.00 ➝ $47.00+12.44%
1/31/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$44.00 ➝ $45.00+16.87%
10/5/2023The Goldman Sachs Group
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 Initiated CoverageBuy ➝ Buy$40.00+14.06%
7/20/2023Morgan Stanley
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 Reiterated RatingEqual Weight ➝ Equal Weight$42.00+20.59%
2/7/2023Citigroup
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 Boost TargetNeutral$33.50 ➝ $35.00+2.97%
1/9/2023Wolfe Research
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 UpgradePeer Perform ➝ Outperform$36.00+7.17%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 11:10 AM ET.


Should I Buy Mplx Stock? MPLX Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, December 18, 2024. Please send any questions or comments about these Mplx pros and cons to contact@marketbeat.com.

Mplx
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Mplx Lp:

  • Mplx Lp has shown significant institutional interest, with firms like Kovitz Investment Group Partners LLC increasing their holdings by 852.8% recently, indicating strong confidence in the company's future performance.
  • The current stock price of Mplx Lp is $48.26, which is near its 52-week high of $51.94, suggesting that the stock is performing well and may continue to appreciate.
  • The company has a solid market capitalization of approximately $50.82 billion, which reflects its stability and potential for growth in the pipeline sector.
  • Mplx Lp has a relatively low price-to-earnings (P/E) ratio of 11.71, which may indicate that the stock is undervalued compared to its earnings, making it an attractive investment opportunity.
  • Recent insider activity, such as the sale of shares by VP Carl Kristopher Hagedorn, can sometimes indicate confidence in the company's future, as insiders often sell for personal reasons rather than a lack of faith in the company.

Mplx
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Mplx Lp for these reasons:

  • The stock has experienced fluctuations, recently trading down by 1.5%, which may indicate volatility and potential risks for investors looking for stable returns.
  • Mplx Lp has a debt-to-equity ratio of 1.40, suggesting that the company has a significant amount of debt compared to its equity, which could pose risks in times of economic downturns.
  • Despite recent growth, institutional investors only own 24.25% of the stock, which may indicate a lack of widespread confidence among larger investment firms.
  • The company's current ratio is 0.99, which is below 1, indicating that it may not have enough short-term assets to cover its short-term liabilities, raising concerns about liquidity.
  • Recent insider sales, while sometimes seen as normal, can also raise red flags for investors, as they may suggest that insiders are not optimistic about the company's near-term prospects.

MPLX Forecast - Frequently Asked Questions

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Mplx is $49.56, with a high forecast of $55.00 and a low forecast of $43.00.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mplx in the last twelve months. There is currently 1 sell rating and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MPLX shares.

According to analysts, Mplx's stock has a predicted upside of 2.43% based on their 12-month stock forecasts.

Mplx has been rated by research analysts at Bank of America, Barclays, Royal Bank of Canada, Truist Financial, UBS Group, and Wells Fargo & Company in the past 90 days.

Analysts like Mplx more than other "oils/energy" companies. The consensus rating score for Mplx is 2.78 while the average consensus rating score for "oils/energy" companies is 2.63. Learn more on how MPLX compares to other companies.


This page (NYSE:MPLX) was last updated on 12/24/2024 by MarketBeat.com Staff
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