Marathon Petroleum (MPC) Stock Forecast & Price Target

$133.38 +1.73 (+1.31%)

(As of 12/20/2024 05:31 PM ET)

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

$184.00
37.95% Upside

According to the 17 analysts' twelve-month price targets for Marathon Petroleum, the average price target is $184.00. 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 37.95% from the current price of $133.38.

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MPC Analyst Ratings Over Time

Type	Current Forecast 12/22/23 to 12/21/24	1 Month Ago 11/22/23 to 11/21/24	3 Months Ago 9/23/23 to 9/22/24	1 Year Ago 12/22/22 to 12/22/23
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)	8 Buy rating(s)	8 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)	4 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$184.00	$185.07	$197.69	$159.15
Forecasted Upside	37.95% Upside	16.04% Upside	20.26% Upside	5.49% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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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	2.63	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	37.95% Upside	1,671.86% Upside	14.52% 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
12/16/2024	Mizuho 3 of 5 stars		Lower Target	Neutral ➝ Neutral	$175.00 ➝ $174.00	+22.65%
12/10/2024	TD Cowen 5 of 5 stars		Reiterated Rating	Buy	$170.00	+11.64%
12/9/2024	Wells Fargo & Company 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$183.00 ➝ $186.00	+21.50%
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%
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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%
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%
5/30/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Strong-Buy ➝ Strong-Buy	$235.00 ➝ $230.00	+33.63%
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 Saturday at 11:10 PM 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 Monday, December 9, 2024. 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. recently reported earnings per share (EPS) of $1.87, significantly exceeding analysts' expectations of $0.97. This strong performance indicates robust profitability and effective management, which can attract more investors.
The company has announced a quarterly dividend increase to $0.91 per share, up from $0.83. This reflects a commitment to returning value to shareholders and suggests financial stability, with an annualized dividend yield of approximately 2.43%.
Marathon Petroleum Co. has initiated a stock buyback program authorizing the repurchase of up to $5 billion in shares. Such buyback programs often signal that the company's leadership believes its stock is undervalued, potentially leading to an increase in share price.
The current stock price is $150.10, which is below its 12-month high of $221.11. This may present a buying opportunity for investors looking for potential upside as the stock could rebound towards its previous highs.
Analysts have given Marathon Petroleum Co. an average rating of "Moderate Buy" with a consensus price target of $185.07, indicating potential for price appreciation and positive market sentiment.

Marathon Petroleum
Bear Case

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

The company's revenue for the latest quarter was down 14.9% compared to the same quarter last year, which may raise concerns about its growth trajectory and ability to maintain profitability in a competitive market.
Marathon Petroleum Co. has a debt-to-equity ratio of 0.94, indicating a relatively high level of debt compared to equity. This could pose risks, especially in a rising interest rate environment, as it may affect the company's financial flexibility.
Despite the recent positive earnings report, the company had a net margin of only 3.15%, suggesting that profitability may be under pressure, which could deter some investors.
Two analysts have rated the stock with a sell rating, which may indicate a lack of confidence in the company's future performance and could influence investor sentiment negatively.
The stock has experienced volatility, with a beta of 1.39, meaning it is more volatile than the market. This could lead to higher risk for investors who prefer stable investments.

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 $184.00, with a high forecast of $231.00 and a low forecast of $145.00.
: 17 Wall Street 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 research analysts is that investors should "moderate buy" MPC shares.
: According to analysts, Marathon Petroleum's stock has a predicted upside of 37.95% based on their 12-month stock forecasts.
: Marathon Petroleum has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Citigroup, JPMorgan Chase & Co., Mizuho, Scotiabank, 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 2.63. Learn more on how MPC compares to other companies.

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This page (NYSE:MPC) was last updated on 12/21/2024 by MarketBeat.com Staff

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Marathon Petroleum (MPC) Stock Forecast & Price Target