Marathon Petroleum Corporation — Wall Street Analyst Estimates & Price Targets

MPC

NYSEEnergyOil & Gas Refining & MarketingCIK 0001510295marathonpetroleum.comAbout MPC

Last close · Oct 16, 2026478.07+1.15 (+0.24%)

Market cap$134.3B

10 firms' latest targets, last 90 days: median $455.00 ($321.00–$560.00), 5% below the last close.

Price and published targets

daily close, 12 months · each dot a target, a firm's latest darker

Each firm's latest target

last 90 days · 10 firms

Date	Firm	Target	Previous	Change	Vs price then	Vs price now
2026-10-14	Wells Fargo	$560.00	$400.00	▲ 40%	+17%	+17%
2026-10-11	Jefferies	$433.00	$413.00	▲ 5%	-5%	-9%
2026-10-09	UBS	$510.00	$450.00	▲ 13%	+9%	+7%
2026-10-08	Mizuho Securities	$457.00	$304.00	▲ 50%	+3%	-4%
2026-09-21	Goldman Sachs	$472.00	—	—	+11%	-1%
2026-09-14	Raymond James	$445.00	$335.00	▲ 33%	+10%	-7%
2026-09-14	Morgan Stanley	$453.00	$265.00	▲ 71%	+11%	-5%
2026-09-03	Piper Sandler	$462.00	$344.00	▲ 34%	+19%	-3%
2026-08-06	Barclays	$321.00	$289.00	▲ 11%	+8%	-33%
2026-08-05	Evercore ISI	$330.00	—	—	+6%	-31%

Consensus estimates

revenue and EPS by fiscal year · reported years marked

FY	Revenue	YoY	EPS	YoY	Revenue range	EPS range	Analysts
2023reported	$148.4B	-16%	$23.63	-16%	est. $148.4B+0%	est. $21.92	7
2024reported	$138.9B	-6%	$10.08	-57%	est. $135.4B+3%	est. $8.68	7
2025reported	$132.7B	-4%	$13.22	+31%	est. $132.7B+0%	est. $9.59	7
2026	$180.5B	+36%	$64.16	+569%	$157.8B–$194.0B	$54.15–$74.41	8
2027	$167.2B	-7%	$55.09	-14%	$112.4B–$199.8B	$39.52–$72.81	8
2028	$158.0B	-6%	$27.61	-50%	$134.6B–$207.5B	$16.83–$39.19	7
2029	$162.3B	+3%	$37.48	+36%	$120.3B–$198.5B	$24.86–$48.33	3
2030	$170.7B	+5%	$16.99	-55%	$126.5B–$208.7B	$11.27–$21.91	5

A reported year shows the company's figures, with the consensus beside it (revenue against it in %). Reported EPS is GAAP diluted; the analysts' EPS usually leaves items such as stock compensation out, so the two are not like for like. Faded: a year the valuation models do not read — they read the first 3, and a later one only while 10 or more analysts cover every year up to it — or one under 5 analysts.

The analysts at a glance

$455.00median target, 5% below the last close

Firms with a target · last 90 days: 10
Lowest – highest target: $321.00 – $560.00
Current grades of 15 firms: positive / neutral / negative: 10 / 5 / 0
Upgrades / downgrades · 12 months: 0 / 1
Consensus revenue growth · next 3 FY: +6% a year

Current grades

each firm's latest · 15 firms

As of	Firm	Grade
2026-10-14	Wells Fargo	“Overweight”
2026-10-13	Citigroup	“Neutral”
2026-10-12	Evercore ISI	“In Line”
2026-10-12	Barclays	“Overweight”
2026-10-08	Mizuho	“Neutral”
2026-10-02	Bank of America	“Neutral”
2026-09-22	Jefferies	“Hold”
2026-09-21	Goldman Sachs	“Buy”
2026-09-14	Morgan Stanley	“Overweight”
2026-09-14	Raymond James	“Outperform”

5 more

2026-09-08	UBS	“Buy”
2026-09-03	Piper Sandler	“Overweight”
2026-08-05	TD Cowen	“Buy”
2026-04-22	Scotiabank	“Sector Outperform”
2026-02-09	BMO Capital	“Outperform”

Grade changes

last 24 months · 3

Date	Firm	Grade
2026-09-22	Jefferies	“Buy” → “Hold” downgrade
2025-07-15	Raymond James	“Strong Buy” → “Outperform” downgrade
2025-07-14	Wolfe Research	“Outperform” → “Peer Perform” downgrade

57 older than 24 months

2023-12-14	Wells Fargo	“Equal Weight” → “Overweight” upgrade
2023-08-16	Mizuho	“Buy” → “Neutral” downgrade
2023-08-15	Bank of America	“Buy” → “Neutral” downgrade
2023-04-18	Wells Fargo	“Overweight” → “Equal Weight” downgrade
2023-03-29	Goldman Sachs	“Neutral” → “Buy” upgrade
2023-03-28	J.P. Morgan	“Overweight” → “Neutral” downgrade
2023-03-10	Mizuho	“Neutral” → “Buy” upgrade
2023-03-03	Jefferies	“Hold” → “Buy” upgrade
2023-01-10	Mizuho	“Buy” → “Neutral” downgrade
2022-05-16	Goldman Sachs	“Buy” → “Neutral” downgrade
2022-01-25	Piper Sandler	“Overweight” → “Neutral” downgrade
2021-08-26	Citigroup	“Neutral” → “Buy” upgrade
2021-04-16	Raymond James	“Market Perform” → “Strong Buy” upgrade
2021-02-22	J.P. Morgan	“Neutral” → “Overweight” upgrade
2020-08-12	TD Cowen	“Market Perform” → “Outperform” upgrade
2020-04-24	Citigroup	“Buy” → “Neutral” downgrade
2020-03-24	Raymond James	“Strong Buy” → “Market Perform” downgrade
2019-12-09	J.P. Morgan	“Overweight” → “Neutral” downgrade
2019-08-02	Raymond James	“Strong Buy” → “Buy” downgrade
2019-05-10	TD Cowen	“Outperform” → “Market Perform” downgrade
2019-04-10	Raymond James	“Strong Buy” → “Buy” downgrade
2018-12-26	Standpoint Research	“Accumulate” → “Buy” revised
2018-05-29	Wells Fargo	“Market Perform” → “Outperform” upgrade
2018-05-10	Bank of America	“Neutral” → “Buy” upgrade
2018-05-03	Jefferies	“Hold” → “Buy” upgrade
2018-05-01	RBC Capital	“Top Pick” → “Outperform” downgrade
2018-02-05	Jefferies	“Buy” → “Hold” downgrade
2017-11-15	UBS	“Buy” → “Neutral” downgrade
2017-10-03	Goldman Sachs	“Buy” → “Neutral” downgrade
2017-09-06	Wells Fargo	“Outperform” → “Market Perform” downgrade
2017-02-02	UBS	“Neutral” → “Buy” upgrade
2016-12-07	J.P. Morgan	“Neutral” → “Overweight” upgrade
2016-11-01	UBS	“Sell” → “Neutral” upgrade
2016-10-31	Raymond James	“Outperform” → “Strong Buy” upgrade
2016-03-03	Bank of America	“Neutral” → “Buy” upgrade
2016-02-05	J.P. Morgan	“Overweight” → “Neutral” downgrade
2016-01-05	Bank of America	“Underperform” → “Neutral” upgrade
2015-12-15	Scotia Howard Weil	“Sector Perform” → “Sector Outperform” upgrade
2015-12-15	Scotiabank	“Sector Perform” → “Sector Outperform” upgrade
2015-08-26	J.P. Morgan	“Neutral” → “Overweight” upgrade
2015-08-24	Bank of America	“Neutral” → “Underperform” downgrade
2015-05-27	Oppenheimer	“Perform” → “Outperform” upgrade
2015-01-13	J.P. Morgan	“Overweight” → “Neutral” downgrade
2014-12-17	Wells Fargo	“Outperform” → “Market Perform” downgrade
2014-10-02	RBC Capital	“Top Pick” → “Buy” downgrade
2014-09-15	Scotiabank	“Sector Outperform” → “Sector Perform” downgrade
2014-09-15	Scotia Howard Weil	“Sector Outperform” → “Sector Perform” downgrade
2014-08-01	Credit Suisse	“Neutral” → “Outperform” upgrade
2014-07-28	Wolfe Research	“Peer Perform” → “Outperform” upgrade
2014-07-11	Citigroup	“Neutral” → “Buy” upgrade
2014-07-03	S&P Capital IQ	“Hold” → “Buy” upgrade
2014-04-01	Wolfe Research	“Peer Perform” → “Perform” revised
2014-01-31	Imperial Capital	“In Line” → “Outperform” upgrade
2014-01-30	Evercore ISI	“Neutral” → “Buy” upgrade
2013-12-09	J.P. Morgan	“Underweight” → “Neutral” upgrade
2013-12-05	Macquarie	“Neutral” → “Outperform” upgrade
2013-12-02	Deutsche Bank	“Hold” → “Buy” upgrade

Targets, grades and estimates are quoted from third parties (via Financial Modeling Prep) and are theirs, not ours; each target links to the report it was published in. A firm counts once, at its latest target or grade.