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Asset logo for symbol MPC
Marathon Petroleum
MPC64
$150.12arrow_drop_down1.22%-$1.86
S&P500
Asset logo for symbol MPC
MPC64

$150.12

arrow_drop_down1.22%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Marathon Petroleum (MPC) Stocklytics Forecast

Marathon Petroleum Corp (MPC) is a leading provider of transportation fuels and other petroleum products in the United States. As one of the largest refiners, MPC plays a critical role in meeting the energy needs of consumers and businesses across the country. With an extensive network of refineries and distribution terminals, MPC is well-positioned to capitalize on the growing demand for clean, reliable energy sources. The company's strategic investments in infrastructure and technology have enabled it to enhance efficiency and reduce emissions, further solidifying its position as an industry leader. As a result, MPC is poised for continued growth and success in the coming years.
Looking ahead, the stock price forecast for Marathon Petroleum Corp (MPC) appears promising. Analysts project a steady increase in the company's stock value, driven by the favorable market conditions and the company's strong fundamentals. With a robust business model and strategic initiatives in place, MPC is expected to benefit from the rising demand for petroleum products. Additionally, the company's commitment to sustainability and focus on renewable energy sources are likely to further propel its growth in the long term. Taking these factors into account, the stock price forecast for MPC in 2023 is expected to show significant appreciation, making it an attractive investment opportunity for investors.
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Frequently Asked Questions

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What is the analyst price prediction for Marathon Petroleum (MPC) stock?

Analysts have set a target price of $191 for Marathon Petroleum (MPC), based on forecasts from 29 analysts. The predicted price range extends from a high of $230 to a low of $148. This represents a potential increase of up to 53.21% and a decrease of -1.41% from the current price of $150.12. These forecasts are as of 2023 Aug 16.
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What are the analyst ratings for Marathon Petroleum (MPC) stock?

The analyst ratings for Marathon Petroleum (MPC) are distributed as follows: 11 analysts recommend buying, 7 have a neutral stance, and 1 suggest selling. The prevailing sentiment among the total of 19 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Marathon Petroleum.
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What is the AI price prediction for Marathon Petroleum (MPC) stock?

At present, there is no AI or machine-learning-based price prediction available for Marathon Petroleum (MPC) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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