Jefferies raises target for Marathon Petroleum stock to USD 433.00 from USD 413.00

Published on 10/12/2026 at 12:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies lifted its target to USD 433.00 from USD 413.00 on October 11, 2026. Marathon Petroleum stock costs EUR 410.55 on October 12, 2026.

Jefferies raised its Marathon Petroleum price target to USD 433.00 from USD 413.00 on October 11, 2026, while keeping a Hold rating.
Marathon Petroleum reported second-quarter 2026 revenue of USD 51.99 billion and diluted earnings per share of USD 17.73.
The stock was trading at EUR 410.55 at Lang & Schwarz on October 12, 2026 at 12:10 p.m. CEST.
Marathon Petroleum is scheduled to discuss third-quarter 2026 results on November 3, 2026.

Schwarzweiß-Aufnahme von Arbeitern in Schutzhelmen auf einem Raffineriegelände — Marathon Petroleum US56585A1025 in dokumentarischer Schwarzweiß-Reportage mit Arbeitern in einer großen Raffinerie-Anlage, Illustration mit AI erstellt.

Marathon Petroleum (ISIN US56585A1025) was trading at EUR 410.55 at Lang & Schwarz on October 12, 2026 at 12:10 p.m. CEST as Jefferies lifted its price target to USD 433.00 from USD 413.00 on October 11, 2026, while keeping a Hold rating. Markets Insider reported that the analyst expects third-quarter 2026 earnings per share of USD 26.77, which is 5.00 percent above consensus.

Targets move as results approach

The Jefferies change followed Mizuho's October 8, 2026 decision to raise its target from USD 304.00 to USD 457.00 while retaining a Neutral rating. MarketBeat listed the Mizuho action among Marathon Petroleum's recent analyst changes.

The contrast matters: Jefferies sees USD 433.00, while Mizuho's target is USD 457.00. MarketBeat reported an average target of USD 383.69 from 17 analysts and a Moderate Buy consensus, placing the average below the cited analyst targets and the recent US-dollar trading level.

Three dated signals for MPC

Marathon Petroleum's second-quarter 2026 results, released for the period ended June 30, 2026, included revenue of USD 51.99 billion and diluted earnings per share of USD 17.73. MarketBeat said revenue increased 53.50 percent year over year and earnings per share exceeded the USD 14.27 consensus by USD 3.46.

On October 8, 2026, Mizuho raised its target to USD 457.00 from USD 304.00. On October 11, 2026, Jefferies raised its target to USD 433.00 from USD 413.00. The current sequence places refining margins and the upcoming quarterly report at the center of the valuation debate.

What date comes next?

Marathon Petroleum scheduled its third-quarter 2026 results and conference call for November 3, 2026. The company operates an integrated downstream and midstream energy business, including a refining system with 13 refineries and approximately 3 million barrels per day of crude oil capacity.

Price stays central to the setup

The current Lang & Schwarz quote was EUR 410.55 on October 12, 2026 at 12:10 p.m. CEST. The next earnings date is November 3, 2026, giving investors a defined event for testing the analyst earnings assumptions and the refining-margin outlook. The further course of trading is shown by the continuously updated real-time quote of Marathon Petroleum stock.