TD Cowen raised target for Marathon Petroleum stock to USD 478.00
Published on 10/27/2026 at 11:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSQuarterly strength and market context
- TD Cowen lifted its target from USD 450.00 to USD 478.00 on October 23, 2026.
- Second-quarter revenue reached USD 51.99 billion, 53.5 percent above the prior year.
- Marathon Petroleum stock trades at EUR 423.40 at 11:09 a.m. CEST at Lang & Schwarz on October 27, 2026, 0.14 percent above the Xetra close of October 26, 2026.
Marathon Petroleum (ISIN US56585A1025) traded at EUR 423.40 at Lang & Schwarz on October 27, 2026, at 11:09 a.m. CEST, up 0.14 percent versus the Xetra close of October 26, 2026 at EUR 422.80. The latest analyst move came from TD Cowen, which raised its Marathon Petroleum target from USD 450.00 to USD 478.00 on October 23, 2026, according to MarketBeat.
Three dates shaped the story
On August 4, 2026, Marathon Petroleum reported quarterly earnings per share of USD 17.73 against consensus of USD 14.27. The company also posted USD 51.99 billion in revenue, compared with USD 40.87 billion expected, according to MarketBeat.
On October 14, 2026, Wells Fargo lifted its target from USD 400.00 to USD 560.00 and kept an overweight rating, while TD Cowen's October 23, 2026 move placed its target at USD 478.00, according to MarketBeat. The spread between those targets shows how differently analysts value refining conditions and future margins.
What does the earnings gap mean?
The second-quarter revenue figure was 53.5 percent higher than a year earlier, while earnings per share exceeded consensus by USD 3.46. That combination gives the stock a strong operating reference, but it also leaves valuation sensitive to refining margins and energy prices.
MarketBeat reported that Marathon Petroleum paid a USD 1.00 quarterly dividend, equal to USD 4.00 on an annualized basis, on September 10, 2026. The same report put the dividend yield at 0.9 percent and noted that insiders sold 21,691 shares worth USD 7.8 million in the latest quarter.
Stock price and valuation markers
Marathon Petroleum's primary listing is on the NYSE under ticker MPC. The stock was last quoted at USD 470.64 on October 26, 2026 at 4:00 p.m. ET, while its 52-week range stood at USD 161.93 to USD 493.98. The euro quotation is only 0.14 percent above the Xetra close, so the current move is modest despite the wider analyst target range.
Marathon Petroleum was trading at EUR 423.40 at Lang & Schwarz on October 27, 2026 at 11:09 a.m. CEST, up 0.14 percent versus the Xetra close of October 26, 2026 at EUR 422.80. The further course of trading is shown by the continuously updated real-time quote of Marathon Petroleum stock.
Marathon Petroleum stock at a glance
- Company: Marathon Petroleum Corporation
- ISIN: US56585A1025
- Ticker: MPC
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 27, 2026, 11:09 a.m. CEST): EUR 423.40
- Change versus Xetra close: plus 0.14 percent
- Xetra close (October 26, 2026): EUR 422.80
- Market capitalization: USD 132.2 billion (as of October 27, 2026)
- 52-week range: USD 161.93-493.98 (as of October 27, 2026)
- Sector / Industry: Energy / Oil and Gas Refining and Marketing
Market context: Market report S&P 500.
