Barclays raises Marathon Petroleum stock target to USD 488.00
Published on 10/14/2026 at 13:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBarclays target raised for Marathon
- Barclays lifted its Marathon Petroleum target to USD 488.00 from USD 321.00 on October 12, 2026.
- Second-quarter revenue reached USD 51.99 billion, while diluted earnings per share came to USD 17.73.
- Marathon Petroleum stock trades at EUR 428.45 at 1:40 p.m. CEST at Lang & Schwarz on October 14, 2026, 0.34 percent above the Xetra close of October 13, 2026.
- Marathon Petroleum will discuss third-quarter 2026 results on November 3, 2026.
Marathon Petroleum (ISIN US56585A1025) was trading at EUR 428.45 at Lang & Schwarz on October 14, 2026, 0.34 percent above the Xetra close of October 13, 2026. According to MarketBeat on October 12, 2026, Barclays raised its Marathon Petroleum price target from USD 321.00 to USD 488.00 and kept an overweight rating. The target move is the clearest fresh signal for the refiner, while the euro quote remains close to its Xetra reference level.
Three milestones shape the setup
On August 4, 2026, Marathon Petroleum reported second-quarter revenue of USD 51.99 billion and diluted earnings per share of USD 17.73. MarketBeat said revenue rose 53.50 percent from the year-earlier quarter, while earnings per share exceeded the USD 14.27 consensus estimate.
On October 8, 2026, Mizuho lifted its price target from USD 304.00 to USD 457.00 and retained a neutral rating, according to Markets Insider. The firm cited higher and longer-lasting refining crack assumptions across the sector.
Barclays followed on October 12, 2026, with the USD 488.00 target. The sequence matters because the latest target is above the Mizuho level even though the two houses use different ratings.
What does the target raise mean?
The higher target places the emphasis on refining margins rather than on a single quarter's earnings. Marathon Petroleum's second-quarter net income attributable to common shareholders was USD 5.14 billion, and operating cash flow was USD 10.33 billion, giving the valuation debate two additional company-specific reference points.
For the next catalyst, Marathon Petroleum's investor-relations release dated September 17, 2026, said the company will discuss third-quarter 2026 results on November 3, 2026. The release identifies Marathon Petroleum as NYSE-listed under ticker MPC and sets the conference call for 11:00 a.m. EST, as shown on the Marathon Petroleum release.
Stock price and upcoming results
At 1:40 p.m. CEST on October 14, 2026, the Lang & Schwarz quote stood at EUR 428.45 in trading, 0.34 percent above the Xetra close of October 13, 2026 at EUR 427.00. Marathon Petroleum's primary listing is NYSE, where the finance quote showed USD 476.98 on October 13, 2026, and the 52-week range was USD 161.93 to USD 477.76.
The further course of trading is shown by the continuously updated real-time quote of Marathon Petroleum stock.
Marathon Petroleum stock facts
- Company: Marathon Petroleum Corporation
- ISIN: US56585A1025
- Ticker: MPC
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 14, 2026, 1:40 p.m. CEST: EUR 428.45
- Change versus Xetra close: plus 0.34 percent
- Xetra close October 13, 2026: EUR 427.00
- Market capitalization: USD 139.2 billion as of October 14, 2026
- 52-week range: USD 161.93-477.76
- Sector / Industry: Energy / Oil and Gas Refining and Marketing
- Next earnings date: November 3, 2026
Market context: Market report S&P 500.
