Marathon Petroleum Corp
NYSE:MPC

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Marathon Petroleum Corp
NYSE:MPC
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Price: 158.48 USD -0.51% Market Closed
Market Cap: 50.9B USD
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Wall Street
Price Targets

MPC Price Targets Summary
Marathon Petroleum Corp

Wall Street analysts forecast MPC stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MPC is 175.51 USD with a low forecast of 144.43 USD and a high forecast of 210 USD.

Lowest
Price Target
144.43 USD
9% Downside
Average
Price Target
175.51 USD
11% Upside
Highest
Price Target
210 USD
33% Upside

MPC Last Price Targets
Marathon Petroleum Corp

The latest public price target was made on Oct 17, 2024 by Jean Ann Salisbury from Bank of America Securities , who expects MPC stock to rise by 10% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Jean Ann Salisbury
Bank of America Securities
174 USD
Upside 10%
1 month ago
Oct 17, 2024
BofA Securities Assumes Marathon Petroleum (MPC) at Neutral
StreetInsider
Paul Cheng
Scotiabank
170 USD
Upside 7%
1 month ago
Oct 10, 2024
Marathon Petroleum price target lowered to $170 from $191 at Scotiabank
TheFly
Ryan Todd
Piper Sandler
145 USD
Downside 9%
2 months ago
Sep 24, 2024
Piper Sandler Reiterates Neutral Rating on Marathon Petroleum (MPC)
StreetInsider
Manav Gupta
UBS
189 USD
Upside 19%
2 months ago
Sep 14, 2024
Marathon Petroleum price target lowered to $189 from $213 at UBS
TheFly
Doug Leggate
Wolfe Research
200 USD
Upside 26%
4 months ago
Jul 17, 2024
Marathon Petroleum reinstated with an Outperform at Wolfe Research
TheFly
Lloyd Byrne
Jefferies
231 USD
Upside 46%
4 months ago
Jul 14, 2024
Marathon Petroleum price target raised to $231 from $222 at Jefferies
TheFly
Roger Read
Wells Fargo
196 USD
Upside 24%
4 months ago
Jul 12, 2024
Marathon Petroleum price target lowered to $196 from $223 at Wells Fargo
TheFly
Nitin Kumar
Mizuho Securities
201 USD
Upside 27%
5 months ago
Jun 20, 2024
Marathon Petroleum (MPC) PT Lowered to $201 at Mizuho
StreetInsider
Ryan Todd
Piper Sandler
168 USD
Upside 6%
5 months ago
Jun 14, 2024
Marathon Petroleum (MPC) PT Lowered to $168 at Piper Sandler
StreetInsider
Justin Jenkins
Raymond James
230 USD
Upside 45%
5 months ago
May 30, 2024
Marathon Petroleum price target lowered to $230 from $235 at Raymond James
TheFly
Ryan Todd
Piper Sandler
190 USD
Upside 20%
6 months ago
May 14, 2024
Marathon Petroleum price target lowered to $190 from $204 at Piper Sandler
TheFly
Nitin Kumar
Mizuho Securities
203 USD
Upside 28%
6 months ago
May 13, 2024
Marathon Petroleum price target raised to $203 from $200 at Mizuho
TheFly
Theresa Chen
Barclays
195 USD
Upside 23%
6 months ago
May 6, 2024
Marathon Petroleum price target lowered to $195 from $221 at Barclays
TheFly
Nitin Kumar
Mizuho Securities
202 USD
Upside 27%
7 months ago
Apr 12, 2024
Marathon Petroleum (MPC) PT Raised to $202 at Mizuho
StreetInsider
Ryan Todd
Piper Sandler
204 USD
Upside 29%
7 months ago
Apr 5, 2024
Marathon Petroleum (MPC) PT Raised to $204 at Piper Sandler
StreetInsider
Roger Read
Wells Fargo
227 USD
Upside 43%
7 months ago
Apr 4, 2024
Marathon Petroleum (MPC) PT Raised to $227 at Wells Fargo
StreetInsider
Nitin Kumar
Mizuho Securities
160 USD
Upside 1%
1 year ago
Mar 10, 2023
Mizuho Securities Upgrades Marathon Petroleum (MPC) to Buy
StreetInsider
Manav Gupta
UBS
165 USD
Upside 4%
1 year ago
Mar 9, 2023
Marathon Petroleum Is A 'Cash Machine' Says Bullish UBS Analyst
Benzinga
Unknown Analyst
Raymond James
165 USD
Upside 4%
1 year ago
Feb 1, 2023
Raymond James Maintains Strong Buy on Marathon Petroleum, Raises Price Target to $165
Benzinga
Unknown Analyst
Cowen & Co.
143 USD
Downside 10%
1 year ago
Feb 1, 2023
Cowen & Co. Maintains Outperform on Marathon Petroleum, Raises Price Target to $143
Benzinga
Unknown Analyst
Wells Fargo
153 USD
Downside 3%
1 year ago
Feb 1, 2023
Wells Fargo Maintains Overweight on Marathon Petroleum, Raises Price Target to $153
Benzinga
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Jean Ann Salisbury
Bank of America Securities
Price Target 174 USD
Upside/Downside 10%
View Source
Paul Cheng
Scotiabank
Price Target 170 USD
Upside/Downside 7%
View Source
Ryan Todd
Piper Sandler
Price Target 145 USD
Upside/Downside 9%
View Source
Manav Gupta
UBS
Price Target 189 USD
Upside/Downside 19%
View Source
Doug Leggate
Wolfe Research
Price Target 200 USD
Upside/Downside 26%
View Source
Lloyd Byrne
Jefferies
Price Target 231 USD
Upside/Downside 46%
View Source
Roger Read
Wells Fargo
Price Target 196 USD
Upside/Downside 24%
View Source
Nitin Kumar
Mizuho Securities
Price Target 201 USD
Upside/Downside 27%
View Source
Ryan Todd
Piper Sandler
Price Target 168 USD
Upside/Downside 6%
View Source
Justin Jenkins
Raymond James
Price Target 230 USD
Upside/Downside 45%
View Source
Ryan Todd
Piper Sandler
Price Target 190 USD
Upside/Downside 20%
View Source
Nitin Kumar
Mizuho Securities
Price Target 203 USD
Upside/Downside 28%
View Source
Theresa Chen
Barclays
Price Target 195 USD
Upside/Downside 23%
View Source
Nitin Kumar
Mizuho Securities
Price Target 202 USD
Upside/Downside 27%
View Source
Ryan Todd
Piper Sandler
Price Target 204 USD
Upside/Downside 29%
View Source
Roger Read
Wells Fargo
Price Target 227 USD
Upside/Downside 43%
View Source
Nitin Kumar
Mizuho Securities
Price Target 160 USD
Upside/Downside 1%
View Source
Manav Gupta
UBS
Price Target 165 USD
Upside/Downside 4%
View Source
Unknown Analyst
Raymond James
Price Target 165 USD
Upside/Downside 4%
View Source
Unknown Analyst
Cowen & Co.
Price Target 143 USD
Upside/Downside 10%
View Source
Unknown Analyst
Wells Fargo
Price Target 153 USD
Upside/Downside 3%
View Source
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Marathon Petroleum Corp Competitors:
Price Targets
CLNE
Clean Energy Fuels Corp
156% Upside
MRPL
Mangalore Refinery and Petrochemicals Ltd
1% Downside
6505
Formosa Petrochemical Corp
40% Upside
CHI
Channel Infrastructure NZ Ltd
14% Upside
MOH
Motor Oil Hellas Corinth Refineries SA
44% Upside
PSX
Phillips 66
12% Upside
TUPRS.E
Turkiye Petrol Rafinerileri AS
38% Upside
CVI
CVR Energy Inc
4% Upside

Revenue
Forecast

Revenue Estimate
Marathon Petroleum Corp

For the last 8 years the compound annual growth rate for Marathon Petroleum Corp's revenue is 10%. The projected CAGR for the next 3 years is -3%.

10%
Past Growth
-3%
Estimated Growth
Estimates Accuracy
0%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Marathon Petroleum Corp

For the last 8 years the compound annual growth rate for Marathon Petroleum Corp's operating income is 15%. The projected CAGR for the next 3 years is -16%.

15%
Past Growth
-16%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Net Income
Forecast

Net Income Estimate
Marathon Petroleum Corp

For the last 8 years the compound annual growth rate for Marathon Petroleum Corp's net income is 17%. The projected CAGR for the next 3 years is -23%.

17%
Past Growth
-23%
Estimated Growth
Estimates Accuracy
84%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MPC's stock price target?
Price Target
175.51 USD

According to Wall Street analysts, the average 1-year price target for MPC is 175.51 USD with a low forecast of 144.43 USD and a high forecast of 210 USD.

What is Marathon Petroleum Corp's Revenue forecast?
Projected CAGR
-3%

For the last 8 years the compound annual growth rate for Marathon Petroleum Corp's revenue is 10%. The projected CAGR for the next 3 years is -3%.

What is Marathon Petroleum Corp's Operating Income forecast?
Projected CAGR
-16%

For the last 8 years the compound annual growth rate for Marathon Petroleum Corp's operating income is 15%. The projected CAGR for the next 3 years is -16%.

What is Marathon Petroleum Corp's Net Income forecast?
Projected CAGR
-23%

For the last 8 years the compound annual growth rate for Marathon Petroleum Corp's net income is 17%. The projected CAGR for the next 3 years is -23%.

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