Do Wall Street Analysts Like Marathon Petroleum Stock?

Marathon Petroleum Corporation (MPC), a major U.S. energy company, has been outperforming the broader market with its stock gaining 119% year-to-date, compared to the S&P 500 Index's 13.9% increase. The refining giant reported impressive second-quarter 2026 results, with net income up 347.7% year-over-year and total revenue climbing 53.5%, driven by soaring refining margins due to supply disruptions in the Strait of Hormuz.

Analysts expect MPC's earnings to surge 336.1% for the full year, with the consensus rating being a Moderate Buy, up from seven "Holds" a month ago. Mizuho raised its price target for MPC to $304 from $284, maintaining a Neutral rating, while acknowledging an upside potential of 5.8% versus the current mean price target of $319.89.

Despite mixed earnings surprise history, with three beatings out of the last four quarters and one miss, the consensus among 18 covering analysts remains bullish.