← ANALYST RATINGS · TIPRANKS
Marathon Petroleum (MPC): analyst forecast and price target
Analyst consensus
Moderate Buy9 Buy6 Hold0 Sell
Ratings of 15 analysts in the last 3 months · top analysts only12-month forecast
Based on 15 price targets given in the last 3 months, the average target is $449, the highest $560, the lowest $323. The average is −6.0% from the last price of $478.
Analyst ratings 30
| Analyst | Firm | Price target | Rating | Upside | Action | Date | Move vs SPY | |
|---|---|---|---|---|---|---|---|---|
| Sam Margolin★★★★★★★★★★#313 · hits 72% · avg +15.5% | Wells Fargo | $400 → $560+40.0% | Buy | +17.1% | Assigned | 14.10.26on TipRanks 06:50 | +2.7%next day −1.9% | ↗ |
| Vikram Bagri★★★★★★★★★★#12347 · hits 38% · avg −17.6% | Citi | $318 → $518+62.9% | Hold | +8.4% | Reiterated | 13.10.26on TipRanks 06:35 | +4.0%next day +2.7% | ↗ |
| Suvro Sarkar★★★★★★★★★★#1537 · hits 69% · avg +11.4% | DBS | $430 | Hold | −10.1% | Reiterated | 12.10.26on TipRanks 09:10 | +0.9%next day +4.0% | ↗ |
| Lloyd Byrne★★★★★★★★★★#307 · hits 58% · avg +18.7% | Jefferies | $413 → $433+4.8% | Hold | −9.4% | Reiterated | 11.10.26on TipRanks 13:10 | +0.9%next day +4.0% | ↗ |
| Theresa Chen★★★★★★★★★★#64 · hits 74% · avg +18.7% | Barclays | $321 → $488+52.0% | Buy | +2.1% | Assigned | 09.10.26on TipRanks Oct 11 21:15 | −2.4%next day +0.9% · 5 days +7.0% | ↗ |
| Joe Laetsch★★★★★★★★★★#3110 · hits 61% · avg +5.9% | Morgan Stanley | $453 | Buy | −5.2% | Reiterated | 09.10.26on TipRanks 09:55 | −2.4%next day +0.9% · 5 days +7.0% | ↗ |
| Manav Gupta★★★★★★★★★★#185 · hits 69% · avg +22.7% | UBS | $450 → $510+13.3% | Buy | +6.7% | Assigned | 09.10.26on TipRanks 09:15 | −2.4%next day +0.9% · 5 days +7.0% | ↗ |
| Phillip Jungwirth★★★★★★★★★★#1299 · hits 52% · avg +8.6% | BMO Capital | $455 | Buy | −4.8% | Assigned | 09.10.26on TipRanks 07:40 | −2.4%next day +0.9% · 5 days +7.0% | ↗ |
| Neil Mehta★★★★★★★★★★#490 · hits 63% · avg +11.2% | Goldman Sachs | $472 → $519+10.0% | Buy | +8.6% | Reiterated | 08.10.26on TipRanks Oct 9 08:10 | +5.2%next day −2.4% · 5 days +3.2% | ↗ |
| AI xAi Oil and Gas Refining and MarketingxAI Grok-3 | TipRanks - xAI | $480 → $504+5.0% | Buy | +5.4% | Reiterated | 08.10.26on TipRanks 14:05 | — | |
| AI DeepSeek Oil and Gas Refining and MarketingDeepSeek R1-0528 | TipRanks - DeepSeek | $491 → $504+2.6% | Buy | +5.4% | Reiterated | 08.10.26on TipRanks 14:05 | — | |
| AI OpenAI Oil and Gas Refining and MarketingOpenAI 5.2 | TipRanks - OpenAI | $473 → $495+4.7% | Buy | +3.5% | Upgrade | 08.10.26on TipRanks 14:05 | — | |
| AI Anthropic Oil and Gas Refining and MarketingAnthropic Opus-4.1 | TipRanks - Anthropic | $454 → $480+5.7% | Hold | +0.4% | Reiterated | 08.10.26on TipRanks 14:05 | — | |
| AI Google Oil and Gas Refining and MarketingGemini 2.5Pro | TipRanks - Google | $480 → $506+5.4% | Buy | +5.8% | Reiterated | 08.10.26on TipRanks 14:05 | — | |
| AI PerPlexity Oil and Gas Refining and MarketingPerPlexity SonarPro | TipRanks - PerPlexity | $479 → $496+3.5% | Buy | +3.8% | Reiterated | 08.10.26on TipRanks 14:05 | — | |
| Nitin Kumar CFA★★★★★★★★★★#878 · hits 60% · avg +8.3% | Mizuho Securities | $304 → $457+50.3% | Hold | −4.4% | Reiterated | 08.10.26on TipRanks 06:25 | +5.2%next day −2.4% · 5 days +3.2% | ↗ |
| AI xAi Oil and Gas Refining and MarketingxAI Grok-3 | TipRanks - xAI | $481 → $480−0.2% | Buy | +0.4% | Reiterated | 07.10.26on TipRanks 13:05 | — | |
| AI DeepSeek Oil and Gas Refining and MarketingDeepSeek R1-0528 | TipRanks - DeepSeek | $492 → $491−0.2% | Buy | +2.7% | Reiterated | 07.10.26on TipRanks 13:05 | — | |
| AI OpenAI Oil and Gas Refining and MarketingOpenAI 5.2 | TipRanks - OpenAI | $475 → $473−0.4% | Hold | −1.1% | Downgrade | 07.10.26on TipRanks 13:05 | — | |
| AI Anthropic Oil and Gas Refining and MarketingAnthropic Opus-4.1 | TipRanks - Anthropic | $455 → $454−0.2% | Hold | −5.0% | Reiterated | 07.10.26on TipRanks 13:05 | — | |
| AI Google Oil and Gas Refining and MarketingGemini 2.5Pro | TipRanks - Google | $481 → $480−0.2% | Buy | +0.4% | Reiterated | 07.10.26on TipRanks 13:05 | — | |
| AI PerPlexity Oil and Gas Refining and MarketingPerPlexity SonarPro | TipRanks - PerPlexity | $480 → $479−0.2% | Buy | +0.2% | Reiterated | 07.10.26on TipRanks 13:05 | — | |
| AI xAi Oil and Gas Refining and MarketingxAI Grok-3 | TipRanks - xAI | $432 → $481+11.3% | Buy | +0.6% | Reiterated | 06.10.26on TipRanks 05:05 | — | |
| AI DeepSeek Oil and Gas Refining and MarketingDeepSeek R1-0528 | TipRanks - DeepSeek | $441 → $492+11.6% | Buy | +2.9% | Reiterated | 06.10.26on TipRanks 05:05 | — | |
| AI OpenAI Oil and Gas Refining and MarketingOpenAI 5.2 | TipRanks - OpenAI | $426 → $475+11.5% | Hold | −0.6% | Downgrade | 06.10.26on TipRanks 05:05 | — | |
| AI Anthropic Oil and Gas Refining and MarketingAnthropic Opus-4.1 | TipRanks - Anthropic | $408 → $455+11.5% | Hold | −4.8% | Reiterated | 06.10.26on TipRanks 05:05 | — | |
| AI Google Oil and Gas Refining and MarketingGemini 2.5Pro | TipRanks - Google | $432 → $481+11.3% | Buy | +0.6% | Reiterated | 06.10.26on TipRanks 05:05 | — | |
| AI PerPlexity Oil and Gas Refining and MarketingPerPlexity SonarPro | TipRanks - PerPlexity | $431 → $480+11.4% | Buy | +0.4% | Reiterated | 06.10.26on TipRanks 05:05 | — | |
| Jean Ann Salisbury★★★★★★★★★★#2367 · hits 69% · avg +5.5% | Bank of America Securities | $410 → $426+3.9% | Hold | −10.9% | Assigned | 01.10.26on TipRanks Oct 2 05:11 | +6.1%next day −0.2% · 5 days +9.0% | ↗ |
| Jason Gabelman★★★★★★★★★★#503 · hits 65% · avg +15.3% | TD Cowen | $375 → $450+20.0% | Buy | −5.9% | Reiterated | 01.10.26on TipRanks 08:10 | +6.1%next day −0.2% · 5 days +9.0% | ↗ |
| Lloyd Byrne★★★★★★★★★★#307 · hits 58% · avg +18.7% | Jefferies | $335 → $413+23.3% | Hold | −13.6% | Downgrade | 21.09.26on TipRanks 17:57 | −3.1%next day +0.4% · 5 days +1.8% | ↗ |
| Manav Gupta★★★★★★★★★★#185 · hits 69% · avg +22.7% | UBS | $450 | Buy | −5.9% | Reiterated | 21.09.26on TipRanks 06:09 | −6.8%next day −3.1% · 5 days −2.2% | ↗ |
| Neil Mehta★★★★★★★★★★#490 · hits 63% · avg +11.2% | Goldman Sachs | $376 → $472+25.5% | Buy | −1.3% | Assigned | 18.09.26on TipRanks Sep 21 06:15 | +0.6%next day −6.8% · 5 days −8.7% | ↗ |
| Justin Jenkins★★★★★★★★★★#17 · hits 79% · avg +24.8% | Raymond James | $350 → $445+27.1% | Buy | −6.9% | Reiterated | 14.09.26on TipRanks 09:30 | +0.6%next day +4.1% · 5 days −0.4% | ↗ |
| Joe Laetsch★★★★★★★★★★#3110 · hits 61% · avg +5.9% | Morgan Stanley | $265 → $453+70.9% | Buy | −5.2% | Assigned | 14.09.26on TipRanks 07:55 | +0.6%next day +4.1% · 5 days −0.4% | ↗ |
| Jean Ann Salisbury★★★★★★★★★★#2367 · hits 69% · avg +5.5% | Bank of America Securities | $319 → $410+28.5% | Hold | −14.2% | Reiterated | 10.09.26on TipRanks 22:30 | 0.0%next day +0.6% · 5 days +7.4% | ↗ |
| AI xAi Oil and Gas Refining and MarketingxAI Grok-3 | TipRanks - xAI | $415 → $432+4.1% | Buy | −9.6% | Reiterated | 06.09.26on TipRanks 10:06 | — | |
| AI DeepSeek Oil and Gas Refining and MarketingDeepSeek R1-0528 | TipRanks - DeepSeek | $419 → $441+5.3% | Buy | −7.8% | Reiterated | 06.09.26on TipRanks 10:06 | — | |
| AI OpenAI Oil and Gas Refining and MarketingOpenAI 5.2 | TipRanks - OpenAI | $411 → $426+3.6% | Hold | −10.9% | Downgrade | 06.09.26on TipRanks 10:06 | — | |
| AI Anthropic Oil and Gas Refining and MarketingAnthropic Opus-4.1 | TipRanks - Anthropic | $384 → $408+6.2% | Hold | −14.7% | Reiterated | 06.09.26on TipRanks 10:06 | — | |
| AI Google Oil and Gas Refining and MarketingGemini 2.5Pro | TipRanks - Google | $413 → $432+4.6% | Buy | −9.6% | Reiterated | 06.09.26on TipRanks 10:06 | — | |
| AI PerPlexity Oil and Gas Refining and MarketingPerPlexity SonarPro | TipRanks - PerPlexity | $414 → $431+4.1% | Buy | −9.8% | Reiterated | 06.09.26on TipRanks 10:06 | — | |
| John Royall★★★★★★★★★★#1677 · hits 57% · avg +10.3% | Piper Sandler | $344 → $462+34.3% | Buy | −3.4% | Reiterated | 03.09.26on TipRanks 06:50 | −0.9%next day +0.7% · 5 days +3.3% | ↗ |
| Sam Margolin★★★★★★★★★★#313 · hits 72% · avg +15.5% | Wells Fargo | $359 → $400+11.4% | Buy | −16.3% | Assigned | 01.09.26on TipRanks 06:30 | +3.3%next day +0.6% · 5 days +4.2% | ↗ |
| Nitin Kumar CFA★★★★★★★★★★#878 · hits 60% · avg +8.3% | Mizuho Securities | $284 → $304+7.0% | Hold | −36.4% | Reiterated | 11.08.26on TipRanks 07:35 | +5.3%next day +3.3% · 5 days +9.3% | ↗ |
| Arun Jayaram★★★★★★★★★★#1023 · hits 59% · avg +8.0% | J.P. Morgan | $300 → $323+7.7% | Hold | −32.4% | Reiterated | 06.08.26on TipRanks Aug 7 08:10 | +0.7%next day −1.0% · 5 days +17.9% | ↗ |
| Theresa Chen★★★★★★★★★★#64 · hits 74% · avg +18.7% | Barclays | $289 → $321+11.1% | Buy | −32.9% | Reiterated | 06.08.26on TipRanks 04:16 | +0.7%next day −1.0% · 5 days +17.9% | ↗ |
| Sergey Pigarev★★★★★★★★★★#7336 · hits 33% · avg +3.3% | Freedom Capital Markets | $217 → $297+36.9% | Hold | −37.9% | Upgrade | 05.08.26on TipRanks 11:13 | −4.6%next day +0.7% · 5 days +16.6% | ↗ |
| Stephen Richardson★★★★★★★★★★#646 · hits 63% · avg +12.1% | Evercore ISI | $300 → $330+10.0% | Hold | −31.0% | Reiterated | 05.08.26on TipRanks 08:20 | −4.6%next day +0.7% · 5 days +16.6% | ↗ |
| Jason Gabelman★★★★★★★★★★#503 · hits 65% · avg +15.3% | TD Cowen | $357 → $375+5.0% | Buy | −21.6% | Assigned | 05.08.26on TipRanks 07:10 | −4.6%next day +0.7% · 5 days +16.6% | ↗ |
| Vikram Bagri★★★★★★★★★★#12347 · hits 38% · avg −17.6% | Citi | $303 → $318+5.0% | Hold | −33.5% | Reiterated | 05.08.26on TipRanks 06:40 | −4.6%next day +0.7% · 5 days +16.6% | ↗ |
| Phillip Jungwirth★★★★★★★★★★#1299 · hits 52% · avg +8.6% | BMO Capital | $290 | Buy | −39.3% | Reiterated | 13.07.26on TipRanks 08:50 | +5.4%next day +1.8% · 5 days +7.2% | ↗ |
| Betty Zhang★★★★★★★★★★#2397 · hits 72% · avg +18.6% | Scotiabank | $210 | Buy | −56.1% | Reiterated | 06.05.26on TipRanks 07:55 | −7.0%next day −1.1% · 5 days +0.2% | ↗ |
| Suvro Sarkar★★★★★★★★★★#1537 · hits 69% · avg +11.4% | DBS | $206 | Buy | −56.9% | Reiterated | 04.02.26on TipRanks Feb 5 04:55 | +4.9%next day +1.2% · 5 days +5.7% | ↗ |
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Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst
Best analysts covering Marathon Petroleum
TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.
Most accurate
Most profitable
How the average price target moved
The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $384 at a price of $395 (−3.0%); now: $444 at $478 (−7.0%).
PriceAverage targetTop analysts’ target
Recommendation trend · top analysts
Strong BuyBuyHoldSell
| Rating | 05.26 | 06.26 | 07.26 | 08.26 | 09.26 | 10.26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 16 | 19 | 23 | 22 | 24 | 21 |
| Hold | 6 | 4 | 4 | 5 | 7 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Earnings and sales forecast
Next report: 03.11.26 (Q3 2026, date not confirmed)
Earnings per share
Next quarter’s EPS estimate — $25.35 (from $14.61 to $28.44). Last quarter: $17.73.
Sales
Next quarter’s sales estimate — $46.6B (from $35.6B to $56.7B). Last quarter: $51.5B.
Best top-analyst consensus in the sector · Energy
About Marathon Petroleum
- CEO: Maryann T. Mannen
- Employees: 18,500
- 539 South Main Street, Findlay, OH, 45840-3229, US
- www.marathonpetroleum.com
Marathon Petroleum Corporation (MPC) functions as a prominent integrated energy enterprise, primarily concentrating its downstream operations across the United States. Its business is bifurcated into two main divisions: Refining & Marketing, and Midstream. The Refining & Marketing segment is responsible for processing crude oil and various other raw materials at its refineries, strategically located in the U.S. Gulf Coast, Mid-Continent, and West Coast regions. This division also acquires refined petroleum products and ethanol for subsequent distribution. Key outputs from this segment encompass a diverse array of transportation fuels, including different gasoline blends, heavy fuel oil, and asphalt. Additionally, it manufactures chemicals such as aromatics, propane, propylene, and sulfur. MPC sells these refined goods through multiple channels, including wholesale marketers domestically and globally, purchasers on the open spot market, and independent entrepreneurs who manage primarily Marathon-branded retail locations. It also supplies fuel via long-term agreements to direct dealer sites, predominantly under the ARCO brand. The Midstream segment handles the comprehensive movement, storage, distribution, and commercialization of crude oil and refined products. This is achieved through its extensive network of refining logistics assets, pipelines, terminals, towboats, and barges. Moreover, this segment engages in the collection, processing, and transportation of natural gas, alongside the gathering, transport, fractionation, storage, and marketing of natural gas liquids. By December 31, 2021, the corporation supported 7,159 branded jobber retail points, managed by independent entrepreneurs, spanning 37 U.S. states, the District of Columbia, and Mexico. Marathon Petroleum Corporation, established in 1887, maintains its corporate headquarters in Findlay, Ohio.
Data from the stock’s TipRanks forecast page, read 12 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗