Murphy Oil Corporation (MUR) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$38.93
Price Target
$34.00
Target Range
$25.00 — $44.00
Analyst Rating
Hold
Forward P/E10.6x
Trailing P/E54.1x
Forward PEG—
Implied Growth+405.7%
Median Target$33.50
Analyst Spread55.9%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$25
-35.8%
Consensus
$34
-12.7%
Bull Case
$44
+13.0%
MUR Price Target Analysis
Updated May 7, 2026As of May 7, 2026, Murphy Oil Corporation (MUR) has a Wall Street consensus price target of $34.00, based on estimates from 36 covering analysts. With the stock currently trading at $38.93, this represents a potential downside of -12.7%. The company has a market capitalization of $5.58B.
Analyst price targets range from a low of $25.00 to a high of $44.00, representing a 56% spread in expectations. The median target of $33.50 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Hold, with 8 analysts rating the stock as a Buy or Strong Buy,26 rating it Hold, and 2 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, MUR trades at a trailing P/E of 54.1x and forward P/E of 10.6x. Analysts expect EPS to grow +405.7% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Energy stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+4.4%
Avg Forward P/E8.2x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 SMSM Energy Company | $3.3B | $28.55 | $29.00 | +1.6% | Buy | 4.3x | 54 |
 CIVICivitas Resources, Inc. | $2.3B | $27.38 | $31.00 | +13.2% | Hold | 6.8x | 16 |
 CHRDChord Energy Corporation | $8.0B | $140.84 | $136.50 | -3.1% | Buy | 7.8x | 19 |
 MTDRMatador Resources Company | $7.2B | $57.76 | $68.29 | +18.2% | Buy | 8.0x | 42 |
 RRCRange Resources Corporation | $9.7B | $41.17 | $46.57 | +13.1% | Hold | 9.6x | 62 |
 DVNDevon Energy Corporation | $29.0B | $46.60 | $53.78 | +15.4% | Buy | 8.9x | 64 |
 APAAPA Corporation | $13.5B | $38.30 | $32.46 | -15.2% | Hold | 7.0x | 51 |
 OVVOvintiv Inc. | $15.2B | $59.90 | $56.20 | -6.2% | Buy | 7.7x | 26 |
 PRPermian Resources Corporation | $17.6B | $21.21 | $22.29 | +5.1% | Buy | 11.5x | 20 |
 MGYMagnolia Oil & Gas Corporation | $5.3B | $28.65 | $29.11 | +1.6% | Buy | 10.5x | 26 |
Upside Potential Comparison
MTDRDVNCIVIRRCPRMGYSMCHRDSee MUR's True Return
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Start ComparisonMUR — Frequently Asked Questions
Quick answers to the most common questions about buying MUR stock.
What is the MUR stock price target for 2026?
MUR's consensus price target is $34, -12.7% below the current price of $38.93. The 36 analysts tracking MUR see downside risk at present valuations.
Is MUR a buy, sell, or hold?
MUR has a consensus rating of "Hold" based on 36 Wall Street analysts. The rating breakdown is mixed, with 26 Hold ratings making up the largest segment. The consensus 12-month price target of $34 implies -12.7% downside from current levels.
Is MUR stock overvalued or undervalued?
With a forward P/E of 10.6395x, MUR trades at a relatively low valuation. The consensus target of $34 implies -12.7% move, suggesting the market may be pricing in risks.
How high can MUR stock go?
The most bullish Wall Street analyst has a price target of $44 for MUR, while the most conservative target is $25. The consensus of $34 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover MUR stock?
MUR is heavily covered by Wall Street, with 36 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 8 have Buy ratings, 26 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the MUR stock forecast?
The 12-month MUR stock forecast based on 36 Wall Street analysts shows a consensus price target of $34, with estimates ranging from $25 (bear case) to $44 (bull case). The median consensus rating is "Hold".
What is MUR's forward P/E ratio?
MUR trades at a forward P/E ratio of 10.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 54.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy MUR stock?
Analysts are cautious on MUR, with 2 Sell ratings and a price target of $34 (-12.7% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do MUR price targets vary so much?
MUR analyst price targets range from $25 to $44, a 56% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $34 consensus represents the middle ground.