Marathon Petroleum stock gets a USD 426.00 target
Published on 10/03/2026 at 21:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Marathon Petroleum stock carries a USD 426.00 price target after Bank of America raised its target from USD 410.00 while keeping a neutral rating on October 2, 2026. The shares were last at USD 422.33 on the NYSE on October 2, 2026 at 4:00 p.m. ET, up 0.52 percent for the session.
Bank of America lifts its target
According to MarketBeat on October 2, 2026, Bank of America moved the target to USD 426.00 from USD 410.00 and retained a neutral rating. The revised target stands USD 3.67 above the October 2 reference price, a 0.87 percent difference.
The broader analyst picture is less uniform. Investing.com reported on October 1, 2026, that UBS reiterated a Buy rating and a USD 450.00 target, while Jefferies had moved to Hold with a USD 413.00 target.
Second quarter beat consensus
Marathon Petroleum reported USD 17.73 in diluted EPS for the second quarter of 2026, versus USD 14.27 consensus, according to MarketBeat. The USD 3.46 difference shows that the earnings backdrop remains central to the valuation discussion.
Second-quarter revenue was USD 51.99 billion, up 53.5 percent from the same period a year earlier, while net margin was 5.48 percent, the same MarketBeat report said. The latest finance statement also lists USD 5.138 billion in net income attributable to common shareholders for Q2 2026.
November 3 sets the next test
Marathon Petroleum will discuss its third-quarter 2026 results on November 3, 2026, at 11:00 a.m. ET, according to Marathon Petroleum Corporation in its September 17, 2026 release. That date gives investors the next scheduled checkpoint for refining margins, earnings and capital returns.
Stock remains below its yearly high
At USD 422.33 on October 2, 2026, Marathon Petroleum stood 2.03 percent below its 52-week high of USD 431.08 and well above its 52-week low of USD 161.93. Market capitalization was USD 123.3 billion and trading volume reached 2,163,484 shares.
Marathon Petroleum stock at a glance
- Company: Marathon Petroleum Corporation
- ISIN: US56585A1025
- Ticker: MPC
- Trading venue: NYSE
- Price (as of October 2, 2026, 4:00 p.m. ET): USD 422.33
- Market capitalization: USD 123.3 billion (as of October 2, 2026)
- 52-week range: USD 161.93-431.08 (as of October 2, 2026)
- Volume: 2,163,484 shares (October 2, 2026)
- Sector / Industry: Energy / Oil and Gas Refining and Marketing
