Marathon Petroleum (MPC) Stock Forecast & Price Target

$147.51 -3.31 (-2.20%)

As of 01/22/2025 03:59 PM Eastern

Marathon Petroleum - 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

Moderate Buy

Based on 17 Analyst Ratings

Sell
2

Hold
5

Buy
10

Based on 17 Wall Street analysts who have issued ratings for Marathon Petroleum in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 17 analysts, 2 have given a sell rating, 5 have given a hold rating, 9 have given a buy rating, and 1 has given a strong buy rating for MPC.

Consensus Price Target

$181.20
22.84% Upside

According to the 17 analysts' twelve-month price targets for Marathon Petroleum, the average price target is $181.20. The highest price target for MPC is $231.00, while the lowest price target for MPC is $145.00. The average price target represents a forecasted upside of 22.84% from the current price of $147.51.

Get the Latest News and Ratings for MPC and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Marathon Petroleum and its competitors.

MPC Analyst Ratings Over Time

Type	Current Forecast 1/24/24 to 1/23/25	1 Month Ago 12/25/23 to 12/24/24	3 Months Ago 10/26/23 to 10/25/24	1 Year Ago 1/24/23 to 1/24/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	9 Buy rating(s)	9 Buy rating(s)	9 Buy rating(s)	8 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$181.20	$184.00	$187.00	$159.15
Forecasted Upside	22.84% Upside	35.94% Upside	22.74% Upside	2.61% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

MPC 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.

MPC 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.

Marathon Petroleum Stock vs. The Competition

Type	Marathon Petroleum	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.53	2.62	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	22.84% Upside	1,881.25% Upside	11.76% Upside
News Sentiment Rating	Positive News See Recent MPC News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/17/2025	Raymond James 4 of 5 stars	Justin Jenkins Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Strong-Buy ➝ Strong-Buy	$190.00 ➝ $192.00	+25.70%
1/10/2025	Wells Fargo & Company 3 of 5 stars	Roger Read Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$186.00 ➝ $182.00	+27.84%
12/16/2024	Mizuho 3 of 5 stars		Lower Target	Neutral ➝ Neutral	$175.00 ➝ $174.00	+22.65%
12/10/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy	$170.00	+11.64%
11/11/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$168.00 ➝ $159.00	+2.81%
10/17/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$174.00	+10.15%
10/10/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$172.00 ➝ $167.00	+1.05%
10/10/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Outperform ➝ Sector Outperform	$191.00 ➝ $170.00	+2.46%
10/9/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$172.00 ➝ $171.00	+5.04%
10/4/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$200.00 ➝ $190.00	+10.93%
Get the Latest News and Ratings for MPC and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Marathon Petroleum and its competitors with MarketBeat's FREE daily newsletter.
9/20/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$168.00 ➝ $145.00	-10.33%
9/16/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$196.00 ➝ $182.00	+13.74%
9/9/2024	Tudor Pickering Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Strong Sell
9/9/2024	Tudor, Pickering, Holt & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Sell
7/18/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Leggate Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$200.00	+20.80%
7/15/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$222.00 ➝ $231.00	+37.44%
3/22/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$175.00 ➝ $211.00	+6.01%
8/2/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$148.00 ➝ $152.00	+12.64%
3/8/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$165.00	+29.04%
2/1/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$133.00 ➝ $143.00	+11.27%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 02:11 AM ET.

Should I Buy Marathon Petroleum Stock? MPC 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 Tuesday, January 14, 2025. Please send any questions or comments about these Marathon Petroleum pros and cons to contact@marketbeat.com.

Marathon Petroleum
Bull Case

Here are some ways that investors could benefit from investing in Marathon Petroleum Co.:

Marathon Petroleum Co. has a current stock price of $142.55, which is significantly lower than its twelve-month high of $221.11, suggesting potential for price appreciation.
The company recently announced a dividend increase to $0.91 per share, reflecting a commitment to returning value to shareholders. This translates to an annualized dividend of $3.64, providing a yield of 2.50%.
A share buyback program has been initiated, allowing the company to repurchase up to $5.00 billion in shares. This often indicates that the board believes the stock is undervalued, which can lead to an increase in share price.
Analysts have a generally positive outlook, with a recent price target set at $182.00 by Wells Fargo & Company, suggesting a potential upside of 27.67% from the current price.
The company maintains a strong market capitalization of $45.81 billion, indicating a solid financial foundation and stability in the competitive oil and gas sector.

Marathon Petroleum
Bear Case

Investors should be bearish about investing in Marathon Petroleum Co. for these reasons:

Recent target price reductions from various analysts, including a cut from Scotiabank to $170.00, may indicate a bearish sentiment in the market regarding the company's future performance.
The stock has experienced significant volatility, with a beta of 1.42, suggesting that it is more volatile than the market, which could pose risks for conservative investors.
Marathon Petroleum Co. has a debt-to-equity ratio of 0.94, which, while manageable, indicates that the company is using a considerable amount of debt to finance its operations, potentially increasing financial risk.
Despite the recent dividend increase, the company's payout ratio stands at 28.84%, which, while sustainable, may limit future dividend growth if earnings do not increase significantly.
With a recent average target price of $183.73, the stock may not offer as much upside potential compared to other investment opportunities in the market.

MPC Forecast - Frequently Asked Questions

: According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Marathon Petroleum is $181.20, with a high forecast of $231.00 and a low forecast of $145.00.
: 17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Marathon Petroleum in the last year. There are currently 2 sell ratings, 5 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MPC shares.
: According to analysts, Marathon Petroleum's stock has a predicted upside of 22.84% based on their 12-month stock forecasts.
: Marathon Petroleum has been rated by research analysts at Barclays, Mizuho, Raymond James, TD Cowen, and Wells Fargo & Company in the past 90 days.
: Analysts like Marathon Petroleum less than other "oils/energy" companies. The consensus rating score for Marathon Petroleum is 2.53 while the average consensus rating score for "oils/energy" companies is 2.62. Learn more on how MPC compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

This page (NYSE:MPC) was last updated on 1/23/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Marathon Petroleum (MPC) Stock Forecast & Price Target