Raymond James raises target for Marathon Petroleum stock to USD 560.00 from USD 445.00
Published on 10/22/2026 at 10:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and operating results
- Raymond James raised its Marathon Petroleum target from USD 445.00 to USD 560.00 on October 19, 2026.
- Second-quarter 2026 revenue reached USD 51.99 billion, up 53.50 percent year over year.
- Marathon Petroleum stock trades at EUR 424.45 at 10:48 a.m. CEST at Lang & Schwarz on October 22, 2026, 1.37 percent above the Xetra close of October 21, 2026.
- Third-quarter results are scheduled for November 3, 2026.
Marathon Petroleum stock (ISIN US56585A1025) trades at EUR 424.45 at Lang & Schwarz on October 22, 2026, up 1.37 percent from the Xetra close of October 21, 2026 at EUR 418.70. The immediate catalyst is an analyst target increase: Raymond James lifted its Marathon Petroleum target from USD 445.00 to USD 560.00 on October 19, 2026, according to MarketScreener.
Three quarters show the earnings shift
The earnings sequence has changed sharply. On February 3, 2026, Marathon Petroleum reported USD 1.50 billion of fourth-quarter 2025 net income; on May 5, 2026, first-quarter net income reached USD 511.00 million; on August 4, 2026, second-quarter net income climbed to USD 5.14 billion. The three dated results are documented by Ticker Scout.
What does the target mean for valuation?
The latest operating comparison explains why analysts have revised models. Marathon Petroleum generated USD 51.99 billion of revenue in the second quarter of 2026, up 53.50 percent from USD 33.80 billion in the second quarter of 2025, while diluted earnings per share rose to USD 17.73 from USD 3.96, according to Ticker Scout. The result exceeded the USD 14.27 consensus earnings-per-share estimate by USD 3.46, according to MarketBeat.
Next date is November 3
Marathon Petroleum is scheduled to release its third-quarter 2026 results on November 3, 2026, according to MarketScreener. That report will test whether the second-quarter earnings surge can support the elevated valuation implied by the USD 560.00 target.
Stock remains below the analyst target
Marathon Petroleum is listed on the NYSE under ticker MPC and operates refining, marketing and midstream businesses. The company has 13 refineries and approximately 3 million barrels per day of crude capacity, according to its corporate website. Marathon Petroleum was trading at EUR 424.45 at Lang & Schwarz on October 22, 2026 at 10:48 a.m. CEST, 1.37 percent above the Xetra close of October 21, 2026 at EUR 418.70. The further course of trading is shown by the continuously updated real-time quote of Marathon Petroleum stock.
Marathon Petroleum stock facts
- Company: Marathon Petroleum Corporation
- ISIN: US56585A1025
- Ticker: MPC
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 22, 2026, 10:48 a.m. CEST): EUR 424.45
- Change versus Xetra close: plus 1.37 percent
- Xetra close (October 21, 2026): EUR 418.70
- Market capitalization: EUR 119.2 billion (as of October 22, 2026)
- 52-week range: EUR 110.36-442.40 (as of October 22, 2026)
- Sector / Industry: Energy / Oil and Gas Refining and Marketing
- Next earnings date: November 3, 2026
Market context: Market report S&P 500.
