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Marathon Petroleum downgraded to Hold after 150% stock surge this year

Analyst Insights
21 Sep 2026
Stuart Mooney
View Source
Bearish
Marathon Petroleum downgraded to Hold after 150% stock surge this year

Marathon Petroleum's stock has risen over 150% this year, hitting a 52-week high of $409.50 and a market cap of $117.47 billion. Despite this strong performance, Jefferies downgraded the stock from Buy to Hold, citing a less favorable risk-reward after the significant price increase. This contrasts with recent Buy and Overweight ratings from other analysts, causing investors to reconsider the stock's growth potential. The downgrade led to a 5.3% drop in Marathon's stock price, signaling caution about its future gains.

Marathon Petroleum trades at USD 392.23 on Pluang as of Sep 22, 2026 20:12 WIB, down 2.52% in the last day. Despite the recent downgrade by Jefferies, Pluang investors show a strong buying interest with 69% of orders as Buys. The stock's market cap on Pluang stands at $119.32 billion, close to its 52-week high of $424.89, indicating sustained investor attention.

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