Raymond James raises target for Marathon Petroleum stock to USD 560

Published on 10/26/2026 at 12:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 2026 revenue reached USD 52.34 billion, up 53.5 percent year over year. Marathon Petroleum stock costs EUR 403.30 versus EUR 406.85 Xetra close.

Refining margins and upcoming results

Raymond James raised its Marathon Petroleum target from USD 445 to USD 560 on October 19, 2026.
Second-quarter 2026 revenue rose 53.5 percent to USD 52.34 billion.
Marathon Petroleum stock trades at EUR 403.30 at 12:17 p.m. CEST at Lang & Schwarz on October 26, 2026, 0.87 percent below the Xetra close of October 23, 2026.
Third-quarter results are scheduled for November 3, 2026.

Marathon Petroleum, US56585A1025, Illustration mit AI erstellt.

Marathon Petroleum (ISIN US56585A1025) was trading at EUR 403.30 at Lang & Schwarz on October 26, 2026 at 12:17 p.m. CEST, down 0.87 percent versus the Xetra close of October 23, 2026 (EUR 406.85). The latest analyst catalyst was Raymond James lifting its target from USD 445 to USD 560 on October 19, 2026, as Stocktwits reported.

Three milestones shape the valuation

Marathon Petroleum reported USD 52.34 billion of total revenue and other income for the second quarter of 2026, ended June 30, 2026, up 53.5 percent from the year-earlier period, according to Ticker Scout. Net income attributable to Marathon Petroleum reached USD 5.14 billion, while diluted earnings per share came to USD 17.73.

On August 4, 2026, Marathon Petroleum reported diluted earnings per share of USD 17.73 for the second quarter. On October 12, 2026, Barclays raised its price target from USD 321 to USD 488, according to MarketBeat. On October 19, 2026, Raymond James raised its target from USD 445 to USD 560, the most recent of the three events.

What does the target mean for margins?

The earnings base explains why analysts have focused on refining profitability. Marathon Petroleum's Refining and Marketing segment adjusted EBITDA reached USD 6.66 billion in the second quarter of 2026, up 252.1 percent year over year, while consolidated adjusted EBITDA rose 157.5 percent to USD 8.46 billion, according to Ticker Scout. The comparison points to margin expansion rather than a simple volume story.

Next date is November 3

Marathon Petroleum is scheduled to report third-quarter 2026 results on November 3, 2026, as Stocktwits reported. The company expects total refinery throughput of 3.005 million barrels per day for the quarter, including 2.820 million barrels per day of crude oil and 185,000 barrels per day of other charge and blendstocks.

Stock stays below its yearly high

The current euro quote is EUR 403.30, placing Marathon Petroleum stock 8.83 percent below the EUR 442.40 52-week high from the same EUR-denominated quote series. The primary listing is on the NYSE, where the company trades under MPC.

Marathon Petroleum was trading at EUR 403.30 at Lang & Schwarz on October 26, 2026 at 12:17 p.m. CEST, down 0.87 percent versus the Xetra close of October 23, 2026 at EUR 406.85. The further course of trading is shown by the continuously updated real-time quote of Marathon Petroleum stock.