Stocklytics Platform
Asset logo for symbol MRO
Marathon Oil
MRO66
$28.55arrow_drop_down1.34%-$0.39
Asset logo for symbol MRO
MRO66

$28.55

arrow_drop_down1.34%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Marathon Oil (MRO) Stocklytics Forecast

MRO stock price prediction is a subject of interest for investors and analysts. Marathon Oil Corp, commonly known as MRO, is an American petroleum and natural gas exploration and production company. Many investors are curious about the future price movements of MRO stock and there are various methods to predict these movements. One popular approach is to use artificial intelligence (AI) and machine learning algorithms to analyze historical data and identify patterns and trends. These AI-driven models can provide price forecasts for MRO stock in the short-term as well as long-term. From a machine learning perspective, these predictions are based on mathematical algorithms and statistical analysis, which aim to identify patterns and relationships in the data. However, it is important to note that these predictions are not foolproof and should be used as a guide rather than definitive predictions.
Another approach to forecast the future price of MRO stock is by looking at analyst price targets. Analysts, who specialize in the oil and gas industry, study the company's financials, industry trends, and market conditions to come up with their price targets. These price targets are often based on a combination of fundamental analysis and market sentiment. Looking at the average price target of analysts can give investors an idea of where the stock may be headed in the future. However, it is essential to remember that these targets are opinions and can vary widely among analysts. The future of MRO stock also depends on various external factors, such as oil prices, global economic conditions, and regulatory changes.
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Frequently Asked Questions

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What is the analyst price prediction for Marathon Oil (MRO) stock?

Analysts have set a target price of $32.03 for Marathon Oil (MRO), based on forecasts from 18 analysts. The predicted price range extends from a high of $45 to a low of $25. This represents a potential increase of up to 57.62% and a decrease of -12.43% from the current price of $28.55. These forecasts are as of 2023 May 19.
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What are the analyst ratings for Marathon Oil (MRO) stock?

The analyst ratings for Marathon Oil (MRO) are distributed as follows: 9 analysts recommend buying, 10 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 19 analysts leans towards a neutral rating. These ratings indicate the general sentiment among the analysts covering Marathon Oil.
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What is the AI price prediction for Marathon Oil (MRO) stock?

At present, there is no AI or machine-learning-based price prediction available for Marathon Oil (MRO) 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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