MARATHON PETROLEUM CORP (MPC) Forecast, Price Target & Analyst Ratings

NYSE:MPC • US56585A1025

Current stock price

213.69 USD
-12.55 (-5.55%)
At close:
214.2 USD
+0.51 (+0.24%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for MARATHON PETROLEUM CORP (MPC).

Forecast Snapshot

Consensus Price Target

Price Target
$230.76
+ 7.99% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 5, 2026
Period
Q1 / 2026
EPS Estimate
$2.04
Revenue Estimate
30.516B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
72.80%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$230.76
Upside
+ 7.99%
From current price of $213.69 to mean target of $230.76, Based on 25 analyst forecasts
Low
$170.63
Median
$214.20
High
$347.55

Price Target Revisions

1 Month
13.08%
3 Months
12.13%

Price Target Summary

25 Wall Street analysts provided a forecast for the next 12 months for MPC. The average price target is 230.76 USD. This implies a price increase of 7.99% is expected in the next year compared to the current price of 213.69.
The average price target has been revised upward by 12.13% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

MPC Current Analyst RatingMPC Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

MPC Historical Analyst RatingsMPC Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
72.80%
MPC was analyzed by 25 analysts. The buy percentage consensus is at 73. So analysts seem to be have mildly positive about MPC.
In the previous month the buy percentage consensus was at a similar level.
MPC was analyzed by 25 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-10BarclaysMaintains Overweight -> Overweight
2026-04-09Piper SandlerMaintains Neutral -> Neutral
2026-04-02UBSMaintains Buy -> Buy
2026-03-31Wells FargoMaintains Overweight -> Overweight
2026-03-25Raymond JamesMaintains Outperform -> Outperform
2026-03-17MizuhoMaintains Neutral -> Neutral
2026-03-12Goldman SachsMaintains Buy -> Buy
2026-02-09BMO CapitalMaintains Outperform -> Outperform
2026-02-09CitigroupMaintains Neutral -> Neutral
2026-02-04Wells FargoMaintains Overweight -> Overweight
2026-01-14CitigroupMaintains Neutral -> Neutral
2026-01-13MizuhoMaintains Neutral -> Neutral
2026-01-13BarclaysMaintains Overweight -> Overweight
2026-01-08Piper SandlerMaintains Neutral -> Neutral
2025-11-17BarclaysMaintains Overweight -> Overweight
2025-11-14Piper SandlerMaintains Neutral -> Neutral
2025-11-05Wells FargoMaintains Overweight -> Overweight
2025-10-17Wells FargoInitiate Overweight
2025-10-17Raymond JamesReiterate Outperform -> Outperform
2025-10-13BarclaysMaintains Overweight -> Overweight
2025-10-09ScotiaBankMaintains Sector Outperform -> Sector Outperform
2025-10-03Morgan StanleyMaintains Overweight -> Overweight
2025-09-26UBSMaintains Buy -> Buy
2025-09-19Evercore ISI GroupMaintains In-Line -> In-Line
2025-09-15MizuhoMaintains Neutral -> Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 5, 2026
Period
Q1 / 2026
EPS Estimate
$2.04
Revenue Estimate
30.516B
Revenue Q2Q
-4.19%
EPS Q2Q
952.00%
Number of Analysts
20

Next Earnings Revisions

Revenue (1 Month)
-0.64%
Revenue (3 Months)
-5.13%
EPS (1 Month)
69.06%
EPS (3 Months)
-23.95%

Next Earnings Summary

MPC is expected to report earnings on 5/5/2026. The consensus EPS estimate for the next earnings is 2.04 USD and the consensus revenue estimate is 30.52B USD.
The next earnings revenue estimate has been revised downward by 5.13% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
MPC revenue by date.MPC revenue by date.
150.09B
-16.10%		140.384B
-6.47%		135.049B
-3.80%		134.191B
-0.64%		132.481B
-1.27%		135.375B
2.18%		125.704B
-7.14%		N/A
EBITDA
YoY % growth
MPC ebitda by date.MPC ebitda by date.
17.604B
-25.48%		10.105B
-42.60%		11.369B
12.51%		13.771B
21.13%		13.113B
-4.78%		12.78B
-2.54%		11.532B
-9.77%		N/A
EBIT
YoY % growth
MPC ebit by date.MPC ebit by date.
14.297B
-29.94%		6.768B
-52.66%		8.118B
19.95%		8.048B
-0.86%		8.038B
-0.12%		7.988B
-0.62%		7.682B
-3.83%		N/A
Operating Margin
MPC operating margin by date.MPC operating margin by date.
9.53%4.82%6.01%6.00%6.07%5.90%6.11%N/A
EPS
YoY % growth
MPC eps by date.MPC eps by date.
23.53
-11.41%		9.34
-60.31%		10.80
15.63%		16.55
53.22%		15.51
-6.27%		16.14
4.06%		23.94
48.30%		29.29
22.36%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		2.04
952.00%		6.18
56.02%		5.25
74.39%		3.27
-19.75%		1.72
-15.90%		4.63
-25.13%		4.36
-16.99%		2.34
-28.30%		2.90
68.57%		3.10
-32.96%		3.28
-24.67%		3.20
36.71%
Revenue
Q2Q % growth		30.516B
-4.19%		34.122B
0.06%		33.301B
-7.11%		32.272B
-3.44%		34.22B
12.14%		34.644B
1.53%		35.064B
5.29%		35.042B
8.58%		34.272B
0.15%		34.681B
0.11%		35.067B
0.01%		35.027B
-0.04%
EBITDA
Q2Q % growth		2.687B
81.55%		4.29B
13.70%		3.885B
-24.39%		3.171B
-45.10%		2.675B
-0.45%		3.665B
-14.57%		3.561B
-8.34%		2.712B
-14.47%		2.431B
-9.12%		2.507B
-31.60%		2.569B
-27.86%		2.528B
-6.78%
EBIT
Q2Q % growth		1.547B
125.18%		2.752B
25.60%		2.524B
-7.03%		1.991B
-21.15%		1.554B
0.45%		2.315B
-15.88%		2.147B
-14.94%		1.78B
-10.60%		1.603B
3.15%		1.669B
-27.90%		1.723B
-19.75%		1.685B
-5.34%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

MPC Yearly Revenue VS EstimatesMPC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 50B 100B 150B
MPC Yearly EPS VS EstimatesMPC Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 10 20

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
14.33%
EPS Next 5 Year
22.08%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
0.20%
Revenue Next 5 Year
-1.69%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
21.08%
EBIT Next 5 Year
12.50%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

MARATHON PETROLEUM CORP / MPC Forecast FAQ

What do analysts expect the price target to be for MARATHON PETROLEUM CORP (MPC)?

25 analysts have analysed MPC and the average price target is 230.76 USD. This implies a price increase of 7.99% is expected in the next year compared to the current price of 213.69.

Can you provide the upcoming earnings date for MARATHON PETROLEUM CORP?

MARATHON PETROLEUM CORP (MPC) will report earnings on 2026-05-05, before the market open.

What are the consensus estimates for MARATHON PETROLEUM CORP (MPC) next earnings?

The consensus EPS estimate for the next earnings of MARATHON PETROLEUM CORP (MPC) is 2.04 USD and the consensus revenue estimate is 30.52B USD.

How do analysts rate MARATHON PETROLEUM CORP (MPC)?

The consensus rating for MARATHON PETROLEUM CORP (MPC) is 72.8 / 100 . This indicates that analysts generally have a positive outlook on the stock.