The stock is currently trading at $51.94, showing a -1.33% decline in regular market hours and -0.85% in post-market trading. The RSI of 68.56 indicates the stock is approaching overbought territory but hasn't reached extreme levels yet. The positive MACD of 0.99 suggests maintaining upward momentum.

Recent Analyst Actions Several analysts have recently raised their price targets:

Barclays: $52 (January 13, 2025)
Wells Fargo: $54 (December 18, 2024)
Truist Securities: $55 (November 19, 2024)
RBC Capital: $52 (November 18, 2024)

Fundamental Outlook The company is expected to report earnings on February 4, 2025, with analysts projecting:

EPS: $1.03 (6.36% YoY decline)
Revenue: $3.06 billion (3.01% YoY increase)

Market Position MPLX has shown resilience in the energy sector, outperforming its peers. The stock has declined 8.09% over the past month, performing slightly better than the Oils-Energy sector's 8.22% loss.

Recommendation Based on current technical indicators, analyst sentiment, and fundamental factors, MPLX appears to be a HOLD at current levels. While the company maintains stable operations and strong analyst support, the approaching overbought conditions and expected earnings decline suggest waiting for a better entry point.

What is price prediction 2025 for MPLX Stock?

Based on the provided data and market analysis, here is the price prediction for MPLX stock in 2025:

MPLX stock is expected to reach $54-55 by mid-2025, supported by strong analyst upgrades with multiple firms including Wells Fargo, Truist Securities, and RBC Capital raising their price targets to the $52-55 range. The stock's technical indicators show bullish momentum with an RSI of 68.56, while the company's solid fundamentals including projected revenue growth of 5.71% and earnings growth of 10% for the full year provide additional support.

The stock currently trades at an attractive forward P/E of 11.37, representing a significant discount to its industry average of 15.89, suggesting potential for multiple expansion as the company continues to demonstrate strong operational execution and benefits from stable energy infrastructure demand.

What is surpport and resistant level for MPLX Stock?

The S1 support level for MPLX Stock is $48.59 ,The R1 resistant level for MPLX Stock is $52.6.

What is the current price of MPLX Stock?

As of the end of day on 2025-01-24, the price of MPLX Stock was $51.89.

What is the target price of MPLX Stock?

The target price for MPLX Stock according to analyst rating is 52.09, with the highest price target at 58.00 and the lowest at 43.00. Analysts have a Moderate Buy rating on MPLX Stock overall.

What is the market cap of MPLX LP?

The market cap of MPLX is $52.9B.

Is MPLX LP (MPLX) overvalued?

Based on the provided financial data and recent analyst ratings, here's a concise analysis of MPLX's valuation:

Valuation Metrics MPLX currently trades at a P/E ratio of 10.47x (Q3 2024), which is significantly below its industry average of 15.89x. The EV/EBITDA ratio stands at 11.40x, suggesting reasonable valuation compared to peers.

Financial Performance The company shows strong financial health with:

Consistent revenue growth (Q3 2024: $2.82B, up from Q1: $2.69B)
Impressive net margin of 37.09% in Q3 2024
Solid ROE of 33.53%
Healthy current ratio of 0.99

Analyst Consensus Recent analyst actions indicate positive sentiment:

Barclays raised PT to $52 (January 13, 2025)
Wells Fargo increased PT to $54 (December 18, 2024)
Truist Securities elevated PT to $55 (November 19, 2024)

Conclusion MPLX is currently NOT overvalued based on:

Below-industry P/E multiple despite strong financial metrics
Strong and growing operational performance
Healthy balance sheet with manageable debt levels
Positive analyst sentiment with multiple recent price target increases
Attractive dividend yield of 7.65% providing additional value to investors

What is MPLX LP (MPLX)'s business?

MPLX LP is a diversified master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides fuel distribution services. The Company’s segments include Logistics and Storage (L&S) and Gathering and Processing (G&P). The L&S segment primarily engages in the gathering, transportation, storage and distribution of crude oil, refined products, other hydrocarbon-based products, and renewables. The L&S segment also includes the operation of its refining logistics, fuel distribution and inland marine businesses, terminals, rail facilities and storage caverns. The G&P segment provides gathering, processing and transportation of natural gas, as well as the transportation, fractionation, storage and marketing of natural gas liquids (NGLs). Its assets include a network of crude oil and refined product pipelines; an inland marine business; light-product, asphalt, heavy oil and marine terminals; storage caverns, and others.

What is price prediction 2030 for MPLX Stock?

Based on the provided data and market analysis, here's a projection for MPLX stock price in 2030:

MPLX stock is expected to reach approximately $75-80 by 2030, driven by the company's strong fundamentals in the midstream energy sector and consistent growth trajectory. The projection is supported by MPLX's robust financial performance with a 10% earnings growth and its strategic position in the Oil and Gas - Production and Pipelines industry, though currently ranked in bottom quartile suggesting potential for improvement.

The company's stable revenue growth of 3.01% and impressive net margin of 37.14% indicate strong operational efficiency that should sustain long-term growth, making this price target achievable through steady appreciation over the next five years.