Marathon Petroleum stock rises on UBS target hike

Published on 09/10/2026 at 17:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Marathon Petroleum stock drew fresh support on September 8, 2026, when UBS raised its target to USD 450 from USD 321. Q2 2026 EPS was USD 17.73, above estimates by USD 3.46.

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Marathon Petroleum stock (ISIN US56585A1025) traded at USD 400.33 on September 9, 2026, with a market capitalization of USD 116.87 billion and a 52-week range of USD 161.93 to USD 402.00. The move came as MarketBeat reported that UBS raised its price target to USD 450 from USD 321 and kept a Buy rating on September 8, 2026.

UBS lifts the bar

UBS's new target sits 12.4 percent above the MarketBeat closing price of USD 400.33, while the consensus target on the same page is USD 330.50. That gap matters because it shows how far the latest bullish call sits above the broader Street view.

The same MarketBeat page lists 17 analyst ratings, with 12 Buy calls and 5 Hold ratings, and shows a forecast downside of 17.11 percent versus the current price. The target move from USD 321 to USD 450 is a concrete catalyst for traders watching the refining group after the recent rally.

Q2 beat still counts

Marathon Petroleum's latest reported quarter was Q2 2026, when the company posted EPS of USD 17.73 and revenue of USD 51.99 billion, according to MarketBeat. That EPS beat the consensus estimate of USD 14.27 by USD 3.46, and revenue topped the estimate of USD 40.87 billion by USD 11.12 billion.

Reuters said on August 4, 2026, that Marathon's second-quarter net income exceeded the LSEG analyst consensus of USD 3.91 billion and was up from USD 1.22 billion a year earlier. The combination of a bigger beat and a higher year-over-year base keeps refining margins at the center of the story.

Stock near its high

On September 9, 2026, Marathon Petroleum shares closed at USD 400.33, just 1.7 percent below the 52-week high of USD 402.00 and 147.4 percent above the 52-week low of USD 161.93, according to MarketBeat market data. Volume was 1.97 million shares, below the average volume of 2.28 million.