Jefferies raises target for Marathon Petroleum stock to USD 433.00
Published on 10/13/2026 at 12:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- Jefferies raised its Marathon Petroleum target from USD 413.00 to USD 433.00 on October 11, 2026, while keeping a Hold rating.
- Mizuho lifted its target from USD 304.00 to USD 457.00 on October 8, 2026, but retained Neutral.
- Marathon Petroleum stock was at EUR 411.70 at Lang & Schwarz on October 13, 2026, down 0.25 percent versus the Xetra close of October 12, 2026.
- Marathon Petroleum reported USD 51.99 billion of second-quarter 2026 revenue, up 53.50 percent year over year.
Jefferies raised its Marathon Petroleum target from USD 413.00 to USD 433.00 on October 11, 2026, while keeping a Hold rating, according to Markets Insider. Marathon Petroleum stock was at EUR 411.70 at Lang & Schwarz on October 13, 2026, 0.25 percent below the Xetra close of October 12, 2026.
Three target changes set the timeline
Marathon Petroleum reported USD 51.99 billion in revenue for the second quarter of 2026, up 53.50 percent year over year, and diluted earnings per share of USD 17.73 versus USD 14.27 consensus, according to MarketBeat on August 4, 2026. The result gives the later analyst revisions a concrete earnings backdrop.
On October 8, 2026, Mizuho analyst Nitin Kumar lifted the target from USD 304.00 to USD 457.00 but kept a Neutral rating, as Markets Insider reported. The same report said Mizuho raised refining-sector targets by 40.00 percent on average because of higher and longer-lasting crack-spread assumptions.
What does the target change signal?
The Jefferies target is USD 24.00 above the earlier USD 413.00 level, while the Hold rating keeps the latest view measured. Its October 11, 2026 preview also put expected third-quarter earnings per share at USD 26.77, 5.00 percent above consensus, with midstream supporting the refining outlook.
Results date is November 3
Marathon Petroleum had scheduled its third-quarter 2026 financial results for November 3, 2026, with an 11:00 a.m. ET conference call, according to the company's Marathon Petroleum release dated September 17, 2026. That date gives the market a clear test for whether the second-quarter earnings strength and margin assumptions are carrying into the next reporting period.
Stock remains below the latest target
At EUR 411.70, the Lang & Schwarz quote stood EUR 1.05 below the Xetra close of EUR 412.75 from October 12, 2026, a calculated decline of 0.25 percent. Marathon Petroleum operates refining, marketing and midstream businesses, with the refining system processing roughly 3 million barrels per day across 13 refineries, according to the company website.
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 13, 2026, 12:09 p.m. CEST: EUR 411.70
- Change versus Xetra close: minus 0.25 percent
- Xetra close October 12, 2026: EUR 412.75
- Market capitalization: EUR 116.0 billion as of October 13, 2026
- 52-week range: EUR 110.36-420.00 as of October 13, 2026
- Sector / Industry: Energy / Oil and Gas Refining and Marketing
- Index membership: S&P 500
- Next earnings date: November 3, 2026
Market context: Market report S&P 500.
