Marathon Petroleum stock: BofA raises target to USD 498 from USD 426

Published on 10/22/2026 at 16:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results arrive November 3, 2026. Marathon Petroleum stock costs EUR 413.85 on October 22, 2026, down 1.16 percent versus the Xetra close.

Analyst target and earnings date

BofA raised its Marathon Petroleum target from USD 426.00 to USD 498.00 on October 21, 2026.
Marathon Petroleum's adjusted earnings per share reached USD 17.73 in the second quarter of 2026 versus USD 14.52 expected.
Marathon Petroleum stock costs EUR 413.85 at Lang & Schwarz on October 22, 2026 at 4:07 p.m. CEST, 1.16 percent below the Xetra close of October 21, 2026, and 6.45 percent below its 52-week high.
Third-quarter results are scheduled for November 3, 2026.

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Marathon Petroleum (ISIN US56585A1025) is heading into its November 3, 2026 results date with BofA having raised its price target from USD 426.00 to USD 498.00 on October 21, 2026. According to Markets Insider, analyst Jean Ann Salisbury kept a Neutral rating. At Lang & Schwarz, the stock was trading at EUR 413.85 on October 22, 2026 at 4:07 p.m. CEST, down 1.16 percent versus the Xetra close of October 21, 2026 at EUR 418.70.

Earnings provide the next test

Marathon Petroleum's adjusted earnings per share reached USD 17.73 in the second quarter of 2026, compared with a Zacks consensus estimate of USD 14.52. That represented a 22.11 percent positive surprise, according to Zacks. The next report will show whether that earnings level carried into the quarter ending September 2026.

Stock sits below its yearly high

The euro quotation stands within a 52-week range of EUR 110.36 to EUR 442.40 as of October 22, 2026. At EUR 413.85, Marathon Petroleum stock is 6.45 percent below the high, calculated from the Lang & Schwarz price and the German-market range. On the NYSE, Marathon Petroleum was trading at USD 458.22 on October 22, 2026 at 10:17 a.m. EDT.

Target and reporting date

BofA's USD 498.00 target is 8.68 percent above the USD 458.22 NYSE quotation used for the comparison. Marathon Petroleum's market capitalization was USD 128.7 billion as of October 22, 2026. The company is scheduled to report third-quarter 2026 results on November 3, 2026, before the market opens, according to Zacks.

What the target says about valuation

The revised target leaves the analyst view above the latest NYSE quotation, while the euro price remains below the 52-week high. The November 3 results date therefore supplies the next concrete test for the earnings comparison and the USD 498.00 target.

Price and reporting calendar

Marathon Petroleum stock was trading at EUR 413.85 at Lang & Schwarz on October 22, 2026 at 4:07 p.m. CEST, 1.16 percent below the Xetra close of October 21, 2026 at EUR 418.70. The third-quarter report is due November 3, 2026. The further course of trading is shown by the continuously updated real-time quote of Marathon Petroleum stock.