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NYSE: MPC
Marathon Petroleum Corp Stock Forecast, Predictions & Price Target

Analyst price target for MPC

Based on 9 analysts offering 12 month price targets for Marathon Petroleum Corp.
Min Forecast
$185.00-7.27%
Avg Forecast
$208.11+4.31%
Max Forecast
$230.00+15.28%

Should I buy or sell MPC stock?

Based on 9 analysts offering ratings for Marathon Petroleum Corp.
Buy
Strong Buy
4 analysts 44.44%
Buy
1 analysts 11.11%
Hold
4 analysts 44.44%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MPC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-12
lockedlocked$00.00+00.00%2024-04-11
lockedlocked$00.00+00.00%2024-04-05
lockedlocked$00.00+00.00%2024-04-05
lockedlocked$00.00+00.00%2024-04-04
JP Morgan
Top 15%
86
HoldMaintains$186.00-6.77%2024-04-01
Goldman Sachs
Top 5%
96
Strong BuyMaintains$211.00+5.76%2024-03-22
Bank of America
Top 8%
93
HoldMaintains$230.00+15.28%2024-03-15
Raymond James
Top 1%
100
Strong BuyMaintains$185.00-7.27%2024-01-31

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Forecast return on equity

Is MPC forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
19.16%

Forecast return on assets

Is MPC forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

MPC revenue forecast

What is MPC's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$127.9B-14.9%
Avg 2 year Forecast
$129.1B-14.11%
Avg 3 year Forecast
$136.5B-9.15%
MPC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MPC revenue growth forecast

How is MPC forecast to perform vs Oil & Gas Refining & Marketing companies and vs the US market?
Company
-6.68%
Industry
-4.35%
Market
9.03%
MPC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MPC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MPC vs Oil & Gas Refining & Marketing Stocks

TickerPricePrice TargetUp/downsideConsensus
MPC$199.51$208.11+4.31%Buy
PSX$157.24$165.73+5.40%Buy
VLO$167.13$182.67+9.30%Strong Buy
DINO$57.66$68.43+18.68%Strong Buy
IEP$17.27N/AN/A

Marathon Petroleum Stock Forecast FAQ

Is Marathon Petroleum Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NYSE: MPC) stock is to Buy MPC stock.

Out of 9 analysts, 4 (44.44%) are recommending MPC as a Strong Buy, 1 (11.11%) are recommending MPC as a Buy, 4 (44.44%) are recommending MPC as a Hold, 0 (0%) are recommending MPC as a Sell, and 0 (0%) are recommending MPC as a Strong Sell.

If you're new to stock investing, here's how to buy Marathon Petroleum stock.

What is MPC's revenue growth forecast for 2024-2026?

(NYSE: MPC) Marathon Petroleum's forecast annual revenue growth rate of -6.68% is not forecast to beat the US Oil & Gas Refining & Marketing industry's average forecast revenue growth rate of -4.35%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.03%.

Marathon Petroleum's revenue in 2024 is $150,307,000,000.On average, 2 Wall Street analysts forecast MPC's revenue for 2024 to be $46,221,034,051,388, with the lowest MPC revenue forecast at $34,624,670,982,776, and the highest MPC revenue forecast at $57,817,397,120,000. On average, 2 Wall Street analysts forecast MPC's revenue for 2025 to be $46,649,424,828,174, with the lowest MPC revenue forecast at $35,481,452,536,348, and the highest MPC revenue forecast at $57,817,397,120,000.

In 2026, MPC is forecast to generate $49,342,247,694,797 in revenue, with the lowest revenue forecast at $49,342,247,694,797 and the highest revenue forecast at $49,342,247,694,797.

What is MPC's forecast return on assets (ROA) for 2024-2026?

(NYSE: MPC) forecast ROA is N/A, which is lower than the forecast US Oil & Gas Refining & Marketing industry average of N/A.

What is MPC's Price Target?

According to 9 Wall Street analysts that have issued a 1 year MPC price target, the average MPC price target is $208.11, with the highest MPC stock price forecast at $230.00 and the lowest MPC stock price forecast at $185.00.

On average, Wall Street analysts predict that Marathon Petroleum's share price could reach $208.11 by Apr 12, 2025. The average Marathon Petroleum stock price prediction forecasts a potential upside of 4.31% from the current MPC share price of $199.51.

What is MPC's forecast return on equity (ROE) for 2024-2026?

(NYSE: MPC) forecast ROE is N/A, which is considered weak.
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