Marathon Petroleum stock: Raymond James raises target to USD 560

Published on 10/20/2026 at 16:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 results are due November 3, 2026. Marathon Petroleum stock costs EUR 414.25 on October 20, 2026, down 1.69 percent versus the Xetra close.

Analyst target and reporting date

Raymond James raised its Marathon Petroleum target from USD 445.00 to USD 560.00 on October 19, 2026.
Marathon Petroleum is scheduled to report third-quarter results on November 3, 2026.
Marathon Petroleum stock costs EUR 414.25 at Lang & Schwarz on October 20, 2026 at 4:33 p.m. CEST, 1.69 percent below the Xetra close of EUR 421.35.
The primary-market valuation was USD 130.6 billion with a trailing price-to-earnings ratio of 16.01 on October 20, 2026.

Bauhaus-Poster mit geometrischen Formen und großem Schriftzug ENERGY — Marathon Petroleum US56585A1025 als geometrisches Bauhaus-Poster mit buntem Sektor-Schriftzug ENERGY und Fabriksilhouette, Illustration mit AI erstellt.

On October 19, 2026, Raymond James raised its price target for Marathon Petroleum from USD 445.00 to USD 560.00, according to MarketScreener. The new target is 20.38 percent above the USD 465.17 primary-market price on October 20, 2026. Marathon Petroleum stock was trading at EUR 414.25 at Lang & Schwarz on October 20, 2026 at 4:33 p.m. CEST, 1.69 percent below the Xetra close of EUR 421.35.

Target distance reaches 20.38 percent

The Raymond James change is the latest dated analyst action in the available coverage. Its USD 560.00 target stands above the USD 518.00 target attributed to Citigroup in an October 13 report, but that earlier action is not repeated here as the main market signal. The comparison uses the primary-market price in USD and does not combine it with the euro quotation.

Stock stays below its yearly high

Marathon Petroleum's primary-market price was USD 465.17 on October 20, 2026 at 10:40 a.m. EDT. Its 52-week range was USD 161.93 to USD 493.98, putting the stock 5.83 percent below the high. The company had a market capitalization of USD 130.6 billion and a trailing price-to-earnings ratio of 16.01 on the same date.

November 3 brings the next date

Marathon Petroleum is scheduled to announce third-quarter 2026 results before the market opens on November 3, 2026, according to Yahoo Finance. The date gives investors the next fixed point for testing whether the earnings assumptions behind the recent target increases remain supported by reported results.

Marathon Petroleum operates refining, marketing and midstream businesses in the United States, including a refining system with approximately 3 million barrels per day of crude oil capacity, according to Marathon Petroleum. That operating structure makes the November report relevant to both the target revisions and the valuation attached to the stock.

Euro price points lower

The euro quotation stood below the October 19 Xetra close during the late Xetra session perspective, while the primary-market price remained within its 52-week range. The further course of trading is shown by the continuously updated real-time quote of Marathon Petroleum stock.