64/100BMplx LP stock forecast 2026–2030What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Mplx LP is 64.00, 14.5% above the current price of 55.89. Their targets range from 63.00 to 66.00.
Of the 12 firms that rated Mplx LP in the past 12 months, 7 rate it buy or strong buy, 5 hold and 0 sell or strong sell (each firm at its latest rating): a Buy consensus.
Analysts' 1-year price targets range from 63.00 to 66.00, with an average of 64.00.
| Buy | 7 | |
| Hold | 5 | |
| Sell | 0 |
12-month price target
| Highest target | 66.00 |
| Average target | 64.00 |
| Lowest target | 63.00 |
| Current price | 55.89 |
Mplx LP price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Mplx LP price target and rating?
How analysts rate Mplx LP, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
7 of 12 firms rate it buy now, against 5 of 7 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Mplx LP analyst upgrades, downgrades and price targets
The latest rating change came on 29 July 2026, when Wolfe Research downgraded Mplx LP from Outperform to Peer Perform. The most recent new target came from RBC Capital on 21 August 2026: 64.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 21 Aug 2026 | RBC Capital Elvira Scotto | Reiterated · Outperform | 60.00 → 64.00 | +6.7% | 58.40 |
| 12 Aug 2026 | Morgan Stanley | Reiterated · Equal Weight | 60.00 → 66.00 | +10.0% | 59.79 |
| 6 Aug 2026 | Barclays Theresa Chen | Reiterated · Overweight | 58.00 → 63.00 | +8.6% | 59.29 |
| 5 Aug 2026 | Wells Fargo Praneeth Satish | Reiterated · Overweight | 61.00 → 63.00 | +3.3% | 60.51 |
| 29 Jul 2026 | Wolfe Research | Downgraded · Outperform → Peer Perform | — | — | — |
| 7 May 2026 | Wells Fargo | Reiterated · Overweight | 61.00 | — | 55.52 |
| 6 May 2026 | Barclays | Reiterated · Overweight | 59.00 → 58.00 | -1.7% | 55.66 |
| 20 Apr 2026 | Goldman Sachs | Reiterated · Buy | 63.00 | — | 55.88 |
| 10 Apr 2026 | Barclays Theresa Chen | Reiterated · Overweight | 53.00 → 59.00 | +11.3% | 56.38 |
| 4 Mar 2026 | Stifel Nicolaus Selman Akyol | — | 59.00 | — | 58.90 |
| 5 Jan 2026 | Raymond James | Downgraded · Outperform → Market Perform | — | — | — |
| 1 Dec 2025 | JP Morgan | Downgraded · Overweight → Neutral | — | — | — |
| 21 Nov 2025 | RBC Capital Elvira Scotto | Reiterated · Outperform | 60.00 | — | 53.70 |
Mplx LP EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect Mplx LP's EPS to grow 2.1% a year until 2028.
Analysts expect Mplx LP's revenue to grow 7.8% a year until 2028. Over the last 5 years it grew 7.1% a year, and over the last 3 years 3.9%.
Revenue
EPS
Does Mplx LP beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 9.4% off the result, either way, and their revenue estimate 7.4%, over the last 12 quarters.
- EPS beats
- 23 / 56
- Revenue beats
- 20 / 56
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +5.9%
- Since
- January 2013
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 3 Nov 2026 | 1.13 | 1.15 | +1.8% | 3.35B | 3.27B | -2.5% |
| Q2 FY2026 | 4 Aug 2026 | 1.06 | 1.06 | 0.0% | 3.14B | 3.08B | -1.9% |
| Q1 FY2026 | 5 May 2026 | 1.05 | 0.90 | -14.3% | 3.09B | 2.81B | -9.3% |
| Q4 FY2025 | 3 Feb 2026 | 1.06 | 1.17 | +10.4% | 3.18B | 3.25B | +2.4% |
| Q3 FY2025 | 4 Nov 2025 | 1.07 | 1.52 | +42.1% | 3.16B | 3.62B | +14.6% |
| Q2 FY2025 | 5 Aug 2025 | 1.06 | 1.03 | -2.8% | 3.14B | 2.79B | -11.2% |
| Q1 FY2025 | 6 May 2025 | 1.10 | 1.10 | 0.0% | 3.16B | 2.89B | -8.8% |
| Q4 FY2024 | 4 Feb 2025 | 1.04 | 1.07 | +2.9% | 3.07B | 2.84B | -7.6% |
| Q3 FY2024 | 5 Nov 2024 | 1.05 | 1.01 | -3.8% | 3.09B | 2.78B | -10.2% |
| Q2 FY2024 | 6 Aug 2024 | 0.98 | 1.15 | +17.3% | 2.96B | 2.73B | -7.7% |
| Q1 FY2024 | 30 Apr 2024 | 0.98 | 0.98 | 0.0% | 2.89B | 2.60B | -10.0% |
| Q4 FY2023 | 30 Jan 2024 | 0.94 | 1.10 | +17.0% | 2.88B | 2.80B | -2.6% |
Mplx LP stock price 2026–2030: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If Mplx LP's earnings keep growing at the 2.1% a year analysts expect to FY2028, it would earn about 5.36 a share in FY2030. At the P/E it has traded at over the last five years (8.8 to 13.0) that is 46.95 to 69.84 a share, or 57.32 at its average P/E of 10.7. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 4.28 | 37.50 | 45.79 | 55.78 |
| FY2027 | 4.79 | 41.98 | 51.26 | 62.46 |
| FY2028 | 5.14 | 44.99 | 54.94 | 66.93 |
| FY2029 (extrapolated) | 5.25 | 45.96 | 56.12 | 68.37 |
| FY2030 (extrapolated) | 5.36 | 46.95 | 57.32 | 69.84 |
Each year's EPS is the analysts' consensus to FY2028; the years after grow 2.1% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (8.8, 10.7, 13.0).
Is Mplx LP stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
Mplx LP's P/E of 13.0 is near the top of its 5-year range (8.2 to 13.4, median 11.0). It is within 5% of its 5-year high. Analysts do not expect faster growth than in recent years, so it is expensive compared with its own history. At its usual P/E (11.0 × EPS of 4.29), Mplx LP's fair value is 47.05; the price, 55.89, is 18.8% above it. Its forward P/E, on the consensus for FY2026, is 13.1.
Fair value is the usual (median) P/E of the last five years times the earnings per share of the last twelve months; the ends of the bar are the same earnings at its lowest and highest P/E of those years (8.2 and 13.4). The price against its P/E range
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 13.03
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 10.97
- Five-year P/E range
- 8.2 – 13.4
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 13.05
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 6.06
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +14.5%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 99.090 | 194.93146Price 99.09244 | +96.7% | |
| 42.225 | 82.9546Price 42.23165 | +96.4% | |
| 186.680 | 360.82271Price 186.68451 | +93.3% | |
| 213.670 | 405.57304Price 213.67507 | +89.8% | |
| 161.160 | 305.51157Price 161.16396 | +89.6% | |
| 160.650 | 300.09225Price 160.65375 | +86.8% | |
| 165.860 | 308.95212Price 165.86442 | +86.3% |
Furthest below the fair value on each stock's page, updated every day.