Marathon Petroleum stock: Raymond James raises target to USD 560 for Marathon Petroleum stock
Published on 10/21/2026 at 17:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and results
- Raymond James raised its Marathon Petroleum target from USD 445.00 to USD 560.00 on October 19, 2026.
- Second-quarter earnings per share reached USD 17.73, up from USD 3.96 a year earlier.
- Marathon Petroleum stock costs EUR 416.65 at Lang & Schwarz on October 21, 2026 at 5:35 p.m. CEST, 1.83 percent below the Xetra close of October 20, 2026.
- Third-quarter results are scheduled for November 3, 2026, before the market opens.
Marathon Petroleum (ISIN US56585A1025) received a higher USD 560.00 price target from Raymond James on October 19, 2026, up from USD 445.00, according to MarketScreener. The new target is 19.67 percent above the NYSE price of USD 467.95 at 11:36 a.m. ET on October 21, 2026. At Lang & Schwarz, the stock was trading at EUR 416.65 on October 21, 2026 at 5:35 p.m. CEST, down 1.83 percent versus the Xetra close of October 20, 2026 at EUR 424.40.
Quarterly figures support the target
Marathon Petroleum's second-quarter 2026 earnings per share reached USD 17.73, compared with USD 3.96 in the second quarter of 2025. Revenue reached USD 52.33 billion, up more than 53 percent year over year, while refining and marketing margin increased to USD 36.33 per barrel from USD 17.58, according to Yahoo Finance.
Price position remains below the high
The NYSE price range for the year was USD 161.93 to USD 493.98 as of October 21, 2026. The upper boundary was reached on October 19, 2026, leaving the USD 467.95 NYSE price 5.26 percent below that level. Year-to-date performance stood at 191.70 percent, while the market capitalization was USD 131.4 billion.
Valuation and reporting date
Marathon Petroleum had a price-to-earnings ratio of 16.08 and a dividend yield of 0.84 percent on October 21, 2026. Third-quarter results are scheduled for November 3, 2026, before the market opens, with consensus revenue of USD 46.61 billion and consensus earnings per share of USD 25.38, according to MarketBeat.
Comparison with peers
Marathon Petroleum: down 1.83 percent, price-to-earnings ratio 16.08, market capitalization USD 131.4 billion.
Valero Energy (NYSE, USD): down 0.50 percent, price-to-earnings ratio 17.88, market capitalization USD 124.2 billion.
Phillips 66 (NYSE, USD): down 0.52 percent, price-to-earnings ratio 16.49, market capitalization USD 116.1 billion.
Marathon Petroleum stock after hours
The analyst target offers a higher valuation reference, but the stock remains below its October 19 high and ahead of the November 3 results date. At Lang & Schwarz, Marathon Petroleum was trading at EUR 416.65 on October 21, 2026 at 5:35 p.m. CEST, 1.83 percent below the Xetra close of October 20, 2026 at EUR 424.40. The further course of trading is shown by the continuously updated real-time quote of Marathon Petroleum stock.
Marathon Petroleum market data
- Company: Marathon Petroleum Corporation
- ISIN: US56585A1025
- Ticker: MPC
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 21, 2026, 5:35 p.m. CEST): EUR 416.65
- Change versus Xetra close: minus 1.83 percent
- Xetra close (October 20, 2026): EUR 424.40
- Market capitalization: USD 131.4 billion (as of October 21, 2026)
- 52-week range: USD 161.93-493.98 (as of October 21, 2026)
- Sector / Industry: Energy / Oil and Gas Refining and Marketing
- Next earnings date: November 3, 2026
Market context: Market report S&P 500.
