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NYSE: MRO
Marathon Oil Corp Stock Forecast, Predictions & Price Target

Analyst price target for MRO

Based on 14 analysts offering 12 month price targets for Marathon Oil Corp.
Min Forecast
$26.00-8.26%
Avg Forecast
$32.04+13.04%
Max Forecast
$36.00+27.03%

Should I buy or sell MRO stock?

Based on 14 analysts offering ratings for Marathon Oil Corp.
Strong Buy
Strong Buy
9 analysts 64.29%
Buy
1 analysts 7.14%
Hold
4 analysts 28.57%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MRO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-28
lockedlocked$00.00+00.00%2024-03-26
lockedlocked$00.00+00.00%2024-03-22
lockedlocked$00.00+00.00%2024-03-22
lockedlocked$00.00+00.00%2024-03-14
Benchmark
Top 5%
96
Strong BuyMaintains$32.00+12.91%2024-03-13
Wells Fargo
Top 3%
98
Strong BuyMaintains$36.00+27.03%2024-03-12
UBS
Top 18%
83
HoldMaintains$27.00-4.73%2024-03-06
RBC Capital
Top 3%
98
BuyReiterates$33.00+16.44%2024-03-05
Truist Securities
Top 1%
100
Strong BuyMaintains$35.00+23.50%2024-02-23

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Forecast return on equity

Is MRO forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
21.01%

Forecast return on assets

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

MRO revenue forecast

What is MRO's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$6.6B-1.52%
Avg 2 year Forecast
$6.8B+1.27%
Avg 3 year Forecast
$7.6B+13.88%
MRO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MRO earnings growth forecast

How is MRO forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
56.12%
Industry
30.51%
Market
28.78%
MRO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MRO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MRO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MRO revenue growth forecast

How is MRO forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
1.95%
Industry
5.87%
Market
9.6%
MRO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MRO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MRO vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
MRO$28.34$32.04+13.04%Strong Buy
EQT$37.07$43.08+16.22%Buy
OVV$51.90$54.88+5.73%Buy
PR$17.66$18.18+2.96%Strong Buy
TPL$578.51$471.33-18.53%Hold

Marathon Oil Stock Forecast FAQ

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

The consensus among 14 Wall Street analysts covering (NYSE: MRO) stock is to Strong Buy MRO stock.

Out of 14 analysts, 9 (64.29%) are recommending MRO as a Strong Buy, 1 (7.14%) are recommending MRO as a Buy, 4 (28.57%) are recommending MRO as a Hold, 0 (0%) are recommending MRO as a Sell, and 0 (0%) are recommending MRO as a Strong Sell.

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

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

(NYSE: MRO) Marathon Oil's forecast annual revenue growth rate of 1.95% is not forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 5.87%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.6%.

Marathon Oil's revenue in 2024 is $6,697,000,000.On average, 7 Wall Street analysts forecast MRO's revenue for 2024 to be $3,806,684,180,647, with the lowest MRO revenue forecast at $3,554,854,700,145, and the highest MRO revenue forecast at $4,047,307,951,428. On average, 7 Wall Street analysts forecast MRO's revenue for 2025 to be $3,914,476,943,703, with the lowest MRO revenue forecast at $3,586,646,731,229, and the highest MRO revenue forecast at $4,475,011,201,857.

In 2026, MRO is forecast to generate $4,402,093,858,231 in revenue, with the lowest revenue forecast at $3,893,773,451,274 and the highest revenue forecast at $4,656,256,947,697.

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

(NYSE: MRO) forecast ROA is N/A, which is lower than the forecast US Oil & Gas E&P industry average of N/A.

What is MRO's Price Target?

According to 14 Wall Street analysts that have issued a 1 year MRO price target, the average MRO price target is $32.04, with the highest MRO stock price forecast at $36.00 and the lowest MRO stock price forecast at $26.00.

On average, Wall Street analysts predict that Marathon Oil's share price could reach $32.04 by Mar 28, 2025. The average Marathon Oil stock price prediction forecasts a potential upside of 13.04% from the current MRO share price of $28.34.

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

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