TD Cowen Issues Pessimistic Forecast for Marathon Petroleum (NYSE:MPC) Stock Price

Posted by Brian Himes on Jun 29th, 2026

Marathon Petroleum (NYSE:MPC – Get Free Report) had its target price cut by analysts at TD Cowen from $320.00 to $315.00 in a report released on Monday,MarketScreener reports. The brokerage presently has a “buy” rating on the oil and gas company’s stock. TD Cowen’s target price suggests a potential upside of 20.26% from the stock’s previous close.

Several other brokerages have also recently commented on MPC. BMO Capital Markets reiterated an “outperform” rating on shares of Marathon Petroleum in a research report on Friday, June 12th. Raymond James Financial increased their price objective on shares of Marathon Petroleum from $285.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday, June 10th. JPMorgan Chase & Co. raised their price objective on shares of Marathon Petroleum from $235.00 to $257.00 in a research note on Wednesday, May 6th. Wall Street Zen raised shares of Marathon Petroleum from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 10th. Finally, Jefferies Financial Group upped their target price on shares of Marathon Petroleum from $279.00 to $296.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Ten investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $272.62.

Check Out Our Latest Research Report on Marathon Petroleum

Marathon Petroleum Trading Up 3.1%

Shares of MPC opened at $261.94 on Monday. The company has a quick ratio of 0.73, a current ratio of 1.18 and a debt-to-equity ratio of 1.31. Marathon Petroleum has a 12-month low of $158.00 and a 12-month high of $272.46. The firm has a market capitalization of $76.47 billion, a PE ratio of 17.13, a price-to-earnings-growth ratio of 0.39 and a beta of 0.52. The stock’s fifty day simple moving average is $247.79 and its 200-day simple moving average is $216.54.

Marathon Petroleum (NYSE:MPC – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The oil and gas company reported $1.65 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.91. The firm had revenue of $34.20 billion during the quarter, compared to analyst estimates of $33.42 billion. Marathon Petroleum had a return on equity of 16.22% and a net margin of 3.36%.The company’s revenue was up 8.5% on a year-over-year basis. During the same period last year, the company earned ($0.24) earnings per share. As a group, research analysts predict that Marathon Petroleum will post 31.35 earnings per share for the current year.

Insider Buying and Selling at Marathon Petroleum

In related news, VP Michael A. Henschen II sold 6,336 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $268.82, for a total value of $1,703,243.52. Following the sale, the vice president directly owned 16,900 shares in the company, valued at $4,543,058. This trade represents a 27.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.17% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Marathon Petroleum

Several large investors have recently bought and sold shares of MPC. Navalign LLC acquired a new stake in Marathon Petroleum in the fourth quarter worth $30,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Marathon Petroleum in the 4th quarter valued at $31,000. Berbice Capital Management LLC grew its holdings in shares of Marathon Petroleum by 100.0% in the 4th quarter. Berbice Capital Management LLC now owns 200 shares of the oil and gas company’s stock valued at $33,000 after buying an additional 100 shares during the period. WFA of San Diego LLC bought a new stake in shares of Marathon Petroleum in the 2nd quarter valued at $33,000. Finally, Ares Financial Consulting LLC bought a new stake in shares of Marathon Petroleum in the 4th quarter valued at $34,000. Institutional investors own 76.77% of the company’s stock.

About Marathon Petroleum

(Get Free Report)

Marathon Petroleum Corporation (NYSE: MPC) is a U.S.-based downstream energy company engaged principally in the refining, marketing, supply and transportation of petroleum products. The company was formed through a spin-off from Marathon Oil in 2011 and operates an integrated system of refining and logistics assets that support the production and distribution of transportation fuels and other refined petroleum products.

Marathon Petroleum’s operations include refining crude oil into gasoline, diesel, jet fuel, asphalt and other specialty products, as well as managing the distribution and storage infrastructure needed to move those products to market.