MPLX (MPLX) Stock Forecast, Price Target & Predictions


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MPLX Stock Forecast


MPLX (MPLX) stock forecast, based on 23 Wall Street analysts, predicts a 12-month average price target of $54.00, with a high of $54.00 and a low of $54.00. This represents a 3.71% increase from the last price of $52.07.

$35 $39 $43 $47 $51 $55 High: $54 Avg: $54 Low: $54 Last Closed Price: $52.07

MPLX Stock Rating


MPLX stock's rating consensus is Buy, based on 23 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 20 Buy (86.96%), 3 Hold (13.04%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 23 3 20 0 Strong Sell Sell Hold Buy Strong Buy

MPLX Price Target Upside V Benchmarks


TypeNameUpside
StockMPLX3.71%
SectorEnergy Stocks 35.40%
IndustryOil & Gas Midstream Stocks 18.32%

Price Target Trends


1M3M12M
# Anlaysts--4
Avg Price Target--$47.75
Last Closing Price$52.07$52.07$52.07
Upside/Downside---8.30%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25555-116
Mar, 25555-116
Feb, 25554-216
Jan, 25555-217
Dec, 24555-116
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 18, 2024Michael BlumWells Fargo$54.00$46.4116.35%3.71%
Oct 17, 2024Jean Ann SalisburyBank of America Securities$43.00$44.47-3.31%-17.42%
Oct 10, 2024Theresa ChenBarclays$49.00$44.0511.24%-5.90%
Jul 12, 2024Theresa ChenBarclays$45.00$41.817.63%-13.58%
Feb 07, 2023Citigroup$35.00$33.863.37%-32.78%
Feb 01, 2023Raymond James$41.00$34.9217.41%-21.26%
Jan 09, 2023Morgan Stanley$41.00$33.7721.41%-21.26%
Dec 09, 2022Citigroup$33.50$31.755.51%-35.66%
Jul 26, 2022James CarrekerUS Capital Advisors$34.00$31.258.80%-34.70%
Jul 08, 2022UBS$40.00$28.9937.98%-23.18%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Jan 13, 2025BarclaysOverweightOverweighthold
Dec 18, 2024Wells FargoOverweightOverweighthold
Oct 16, 2024RBC CapitalOutperformOutperformhold
Oct 10, 2024UBSUnderperformUnderperformhold
Oct 10, 2024BarclaysOverweightOverweighthold
Sep 16, 2024RBC CapitalUnderperformUnderperformhold
Jul 12, 2024BarclaysOverweightOverweighthold
Apr 05, 2024BarclaysOverweightOverweighthold
Feb 07, 2023CitigroupNeutralNeutralhold
Feb 01, 2023Raymond JamesOutperformOutperformhold

Financial Forecast


EPS Forecast

$-1 $0 $1 $2 $3 $4 $5 $6 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.65$2.86$3.75$3.83$4.27----
Avg Forecast$-0.79$2.86$3.72$3.70$4.19$4.36$4.63$4.86$5.13
High Forecast$-0.76$3.04$3.79$3.73$4.26$4.59$4.84$4.93$5.34
Low Forecast$-0.84$2.75$3.55$3.66$4.16$4.26$4.43$4.79$4.84
Surprise %-17.72%-0.81%3.51%1.91%----

Revenue Forecast

$7B $9B $10B $12B $13B $15B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$8.25B$9.57B$10.54B$10.68B$11.93B----
Avg Forecast$7.58B$9.68B$11.00B$11.18B$11.78B$12.45B$12.87B$14.03B$14.15B
High Forecast$7.95B$10.16B$11.17B$11.27B$11.86B$12.83B$12.92B$14.64B$14.60B
Low Forecast$7.35B$9.38B$10.63B$11.13B$11.68B$11.77B$12.82B$13.41B$13.53B
Surprise %8.79%-1.11%-4.16%-4.47%1.28%----

Net Income Forecast

$-20B $-14B $-8B $-2B $4B $10B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-687.00M$3.08B$3.94B$3.93B$4.36B----
Avg Forecast$-14.42B$2.95B$3.39B$3.81B$4.22B$4.46B$4.73B$4.87B$5.14B
High Forecast$-10.79B$3.54B$4.06B$4.57B$4.27B$4.60B$4.85B$4.94B$5.35B
Low Forecast$-18.05B$2.36B$2.71B$3.05B$4.17B$4.27B$4.44B$4.80B$4.85B
Surprise %-95.24%4.26%16.51%3.15%3.24%----

MPLX Forecast FAQ


Is MPLX stock a buy?

MPLX stock has a consensus rating of Buy, based on 23 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 20 Buy, 3 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that MPLX is a favorable investment for most analysts.

What is MPLX's price target?

MPLX's price target, set by 23 Wall Street analysts, averages $54 over the next 12 months. The price target range spans from $54 at the low end to $54 at the high end, suggesting a potential 3.71% change from the previous closing price of $52.07.

How does MPLX stock forecast compare to its benchmarks?

MPLX's stock forecast shows a 3.71% upside, underperforming the average forecast for the energy stocks sector (35.40%) and underperforming the oil & gas midstream stocks industry (18.32%).

What is the breakdown of analyst ratings for MPLX over the past three months?

  • April 2025: 31.25% Strong Buy, 31.25% Buy, 31.25% Hold, 0% Sell, 6.25% Strong Sell.
  • March 2025: 31.25% Strong Buy, 31.25% Buy, 31.25% Hold, 0% Sell, 6.25% Strong Sell.
  • February 2025: 31.25% Strong Buy, 31.25% Buy, 25.00% Hold, 0% Sell, 12.50% Strong Sell.

What is MPLX’s EPS forecast?

MPLX's average annual EPS forecast for its fiscal year ending in December 2025 is $4.36, marking a 2.11% increase from the reported $4.27 in 2024. Estimates for the following years are $4.63 in 2026, $4.86 in 2027, and $5.13 in 2028.

What is MPLX’s revenue forecast?

MPLX's average annual revenue forecast for its fiscal year ending in December 2025 is $12.45B, reflecting a 4.29% increase from the reported $11.93B in 2024. The forecast for 2026 is $12.87B, followed by $14.03B for 2027, and $14.15B for 2028.

What is MPLX’s net income forecast?

MPLX's net income forecast for the fiscal year ending in December 2025 stands at $4.46B, representing an 2.43% increase from the reported $4.36B in 2024. Projections indicate $4.73B in 2026, $4.87B in 2027, and $5.14B in 2028.