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Marathon Oil (MRO) Stock Forecast & Price Target

Marathon Oil logo
$28.55 0.00 (0.00%)
(As of 11/22/2024)

Marathon Oil - 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
0
Hold
9
Buy
9

Based on 18 Wall Street analysts who have issued ratings for Marathon Oil in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 18 analysts, 9 have given a hold rating, 8 have given a buy rating, and 1 has given a strong buy rating for MRO.

Consensus Price Target

$30.94
8.38% Upside
According to the 18 analysts' twelve-month price targets for Marathon Oil, the average price target is $30.94. The highest price target for MRO is $37.00, while the lowest price target for MRO is $27.00. The average price target represents a forecasted upside of 8.38% from the current price of $28.55.
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MRO Analyst Ratings Over Time

TypeCurrent Forecast
12/24/23 to 12/23/24
1 Month Ago
11/24/23 to 11/23/24
3 Months Ago
9/25/23 to 9/24/24
1 Year Ago
12/24/22 to 12/24/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
Hold
9 Hold rating(s)
9 Hold rating(s)
9 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$30.94$30.94$31.65$31.66
Forecasted Upside8.38% Upside8.38% Upside14.74% Upside28.48% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

MRO 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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MRO 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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Marathon Oil Stock vs. The Competition

TypeMarathon OilOils/Energy CompaniesS&P 500
Consensus Rating Score
2.56
2.63
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside8.38% Upside1,482.66% Upside14.28% Upside
News Sentiment Rating
Neutral News

See Recent MRO News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/18/2024Piper Sandler
2 of 5 stars
 Lower TargetOverweight ➝ Overweight$37.00 ➝ $34.00+17.61%
10/10/2024Scotiabank
5 of 5 stars
P. Cheng
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Boost TargetSector Perform ➝ Sector Perform$27.61 ➝ $28.00-1.65%
10/3/2024Barclays
3 of 5 stars
 Lower TargetOverweight ➝ Overweight$35.00 ➝ $34.00+20.23%
10/1/2024Wells Fargo & Company
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 Lower TargetEqual Weight ➝ Equal Weight$29.00 ➝ $27.00-2.10%
9/30/2024Truist Financial
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 Lower TargetBuy ➝ Buy$35.00 ➝ $27.00+1.77%
9/18/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$30.00 ➝ $28.00+2.30%
9/16/2024Mizuho
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 Lower TargetNeutral ➝ Neutral$34.00 ➝ $32.00+20.57%
9/12/2024JPMorgan Chase & Co.
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 Lower TargetNeutral ➝ Neutral$33.00 ➝ $30.00+15.21%
9/5/2024Citigroup
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 Lower TargetNeutral ➝ Neutral$29.00 ➝ $28.00+2.94%
9/4/2024Susquehanna
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 Lower TargetPositive ➝ Positive$39.00 ➝ $37.00+32.81%
6/5/2024Capital One Financial
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P. Johnston
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DowngradeStrong-Buy ➝ Hold
5/3/2024Benchmark
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 Reiterated RatingBuy ➝ Buy$32.00+21.67%
4/15/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$26.00 ➝ $27.00-6.96%
3/26/2024The Goldman Sachs Group
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 Boost TargetNeutral ➝ Neutral$26.50 ➝ $30.00+8.97%
3/22/2024Stifel Nicolaus
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 Lower TargetBuy ➝ Buy$39.00 ➝ $36.00+32.45%
3/14/2024Argus
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 UpgradeHold ➝ Buy$31.00+19.69%
3/5/2024Royal Bank of Canada
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 Reiterated RatingOutperform ➝ Outperform$33.00+34.80%
1/24/2024Raymond James
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 Lower TargetStrong-Buy ➝ Strong-Buy$35.00 ➝ $32.00+41.78%
9/27/2023Bank of America
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 Boost Target$28.00 ➝ $30.00+14.11%
5/15/2023Jefferies Financial Group
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 Lower Target$29.00 ➝ $25.00+11.66%
1/5/2023Evercore ISI
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 Initiated CoverageOutperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 08:09 PM ET.


Should I Buy Marathon Oil Stock? MRO 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 Marathon Oil pros and cons to contact@marketbeat.com.

Marathon Oil
Bull Case

green Wall Street bull icon

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

  • Marathon Oil Co. has a current stock price of $28.47, which reflects a stable market position and potential for growth in the oil and gas sector.
  • The company has a relatively low dividend payout ratio of 18.88%, indicating that it retains a significant portion of its earnings for reinvestment, which could lead to future growth.
  • Institutional investors and hedge funds own 77.24% of Marathon Oil Co.'s stock, suggesting strong confidence from major financial players in the company's performance and stability.
  • Recent analyst ratings show a "Moderate Buy" average with a price target of $30.94, indicating potential upside for investors based on current market conditions.
  • Marathon Oil Co. has demonstrated resilience with a market capitalization of $15.92 billion, positioning it as a significant player in the oil and gas industry.

Marathon Oil
Bear Case

red Wall Street bear icon

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

  • Recent analyst downgrades have seen price targets reduced, with Piper Sandler lowering their target from $37.00 to $34.00, which may indicate a bearish outlook on the stock's short-term performance.
  • The company has a beta of 2.16, suggesting higher volatility compared to the market, which could lead to greater risk for investors during market fluctuations.
  • Marathon Oil Co. has a quick ratio of 0.61 and a current ratio of 0.69, both of which are below 1, indicating potential liquidity issues that could affect its ability to meet short-term obligations.
  • Insider selling activity has been noted, with significant shares sold by executives, which may raise concerns about their confidence in the company's future performance.
  • With a PE ratio of 12.41, the stock may be perceived as overvalued compared to industry peers, which could deter value-focused investors.

MRO Forecast - Frequently Asked Questions

According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for Marathon Oil is $30.94, with a high forecast of $37.00 and a low forecast of $27.00.

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

According to analysts, Marathon Oil's stock has a predicted upside of 8.38% based on their 12-month stock forecasts.

Marathon Oil has been rated by research analysts at Barclays, Piper Sandler, Scotiabank, Truist Financial, and Wells Fargo & Company in the past 90 days.

Analysts like Marathon Oil less than other "oils/energy" companies. The consensus rating score for Marathon Oil is 2.56 while the average consensus rating score for "oils/energy" companies is 2.63. Learn more on how MRO compares to other companies.


This page (NYSE:MRO) was last updated on 12/23/2024 by MarketBeat.com Staff
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