Marathon Oil
(NYSE:MRO)
$27.43
-0.25[-0.90%]
At close: Apr 18
$27.43
0[0.00%]
After Hours: 6:51PM EDT
Q1 2024 Earnings in 13 days from now on Wed May 1st, after the market close
Consensus Rating1
Buy
Highest Price Target1
$45.00
Lowest Price Target1
$25.00
Consensus Price Target1
$32.25

Marathon Oil Stock (NYSE:MRO), Analyst Ratings, Price Targets, Predictions

Marathon Oil Corp has a consensus price target of $32.25, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Morgan Stanley, Scotiabank, and Barclays on April 15, 2024, April 11, 2024, and April 10, 2024. With an average price target of $35.67 between Morgan Stanley, Scotiabank, and Barclays, there's an implied 30.03% upside for Marathon Oil Corp from these 3 analyst ratings.

Analyst Trend
3
Jan
1
Feb
5
4
Mar
2
1
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.1
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Morgan Stanley
Scotiabank
Barclays
Truist Securities
Goldman Sachs

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Marathon Oil

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/15/2024MROBuy Now
Marathon Oil
$27.43-1.57%Morgan Stanley
Devin McDermott
$26 → $27MaintainsEqual-WeightGet Alert
04/11/2024MROBuy Now
Marathon Oil
$27.4364.05%Scotiabank
Paul Cheng
$35 → $45MaintainsSector OutperformGet Alert
04/10/2024MROBuy Now
Marathon Oil
$27.4327.6%Barclays
Betty Jiang
→ $35Initiates → OverweightGet Alert
04/05/2024MROBuy Now
Marathon Oil
$27.4331.24%Truist Securities
Neal Dingmann
$35 → $36MaintainsBuyGet Alert
03/28/2024MROBuy Now
Marathon Oil
$27.43-5.21%Morgan Stanley
Devin McDermott
$24 → $26MaintainsEqual-WeightGet Alert
03/26/2024MROBuy Now
Marathon Oil
$27.439.37%Goldman Sachs
Neil Mehta
$26.5 → $30MaintainsNeutralGet Alert
03/22/2024MROBuy Now
Marathon Oil
$27.4313.01%Mizuho
Nitin Kumar
$28 → $31MaintainsNeutralGet Alert
03/22/2024MROBuy Now
Marathon Oil
$27.4331.24%Stifel
Derrick Whitfield
$39 → $36MaintainsBuyGet Alert
03/14/2024MROBuy Now
Marathon Oil
$27.4313.01%Argus Research
Bill Selesky
→ $31UpgradeHold → BuyGet Alert
03/13/2024MROBuy Now
Marathon Oil
$27.4316.66%Benchmark
Subash Chandra
$25 → $32MaintainsBuyGet Alert
03/12/2024MROBuy Now
Marathon Oil
$27.4331.24%Wells Fargo
Roger Read
$32 → $36MaintainsOverweightGet Alert
03/06/2024MROBuy Now
Marathon Oil
$27.43-1.57%UBS
Josh Silverstein
$28 → $27MaintainsNeutralGet Alert
03/05/2024MROBuy Now
Marathon Oil
$27.4320.31%RBC Capital
Scott Hanold
→ $33ReiteratesOutperform → OutperformGet Alert
02/23/2024MROBuy Now
Marathon Oil
$27.4327.6%Truist Securities
Neal Dingmann
$38 → $35MaintainsBuyGet Alert
01/24/2024MROBuy Now
Marathon Oil
$27.4316.66%Raymond James
John Freeman
$35 → $32MaintainsStrong BuyGet Alert
01/24/2024MROBuy Now
Marathon Oil
$27.4316.66%Piper Sandler
Mark Lear
$34 → $32MaintainsOverweightGet Alert
01/12/2024MROBuy Now
Marathon Oil
$27.43-8.86%Benchmark
Subash Chandra
$28 → $25MaintainsBuyGet Alert
12/15/2023MROBuy Now
Marathon Oil
$27.4327.6%Raymond James
John Freeman
$45 → $35MaintainsStrong BuyGet Alert
12/14/2023MROBuy Now
Marathon Oil
$27.432.08%UBS
Josh Silverstein
$34 → $28DowngradeBuy → NeutralGet Alert

FAQ

Q

What is the target price for Marathon Oil (MRO)?

A

The latest price target for Marathon Oil (NYSE: MRO) was reported by Morgan Stanley on April 15, 2024. The analyst firm set a price target for $27.00 expecting MRO to fall to within 12 months (a possible -1.57% downside). 49 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Marathon Oil (MRO)?

A

The latest analyst rating for Marathon Oil (NYSE: MRO) was provided by Morgan Stanley, and Marathon Oil maintained their equal-weight rating.

Q

When was the last upgrade for Marathon Oil (MRO)?

A

The last upgrade for Marathon Oil Corp happened on March 14, 2024 when Argus Research raised their price target to $31. Argus Research previously had a hold for Marathon Oil Corp.

Q

When was the last downgrade for Marathon Oil (MRO)?

A

The last downgrade for Marathon Oil Corp happened on December 14, 2023 when UBS changed their price target from $34 to $28 for Marathon Oil Corp.

Q

When is the next analyst rating going to be posted or updated for Marathon Oil (MRO)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Marathon Oil, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Marathon Oil was filed on April 15, 2024 so you should expect the next rating to be made available sometime around April 15, 2025.

Q

Is the Analyst Rating Marathon Oil (MRO) correct?

A

While ratings are subjective and will change, the latest Marathon Oil (MRO) rating was a maintained with a price target of $26.00 to $27.00. The current price Marathon Oil (MRO) is trading at is $27.43, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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