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Murphy USA Inc. (MUSA) Price Target Analysis

Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026

Current Price
$390.74
Market reference
Price Target
$451.25
+15.5% Upside
Target Range
$410.00 — $500.00
High conviction
Analyst Rating
Hold
11 analysts
Forward P/E15.6x
Trailing P/E16.2x
Forward PEG0.41
Implied Growth-0.0%
Median Target$447.50
Analyst Spread19.9%

Analysts see +15.5% upside to their consensus target of $451.25.

Price Forecast (1 Year)

Last 12 months price action with 12-month analyst target path

Current$390.74
Consensus$451.25
High$500.00
Low$410.00
Model$417.13
Bear Case
$410
+4.9%
Consensus
$451
+15.5%
Bull Case
$500
+28.0%
Valuation Model TargetsConfidence: 59/100
Bear$177
Base$417
Bull$1090

Analyst Ratings Distribution

Breakdown of 11 published analyst recommendations for MUSA

55% hold / mixed conviction
+5
BearishBullish
Weighted analyst sentiment score based on 11 ratings
ConsensusHold
Coverage11 Analysts
Net Score+5
Bull / Bear27% / 18%
Strong Buy00%
Buy327%
Hold655%
Sell218%
Strong Sell00%
Strong Buy
00%
Buy
327%
Hold
655%
Sell
218%
Strong Sell
00%
Recommendation Mix27% Buy · 55% Hold · 18% Sell
Buy (3)Hold (6)Sell (2)

MUSA Price Target Analysis

Updated March 1, 2026

As of March 1, 2026, Murphy USA Inc. (MUSA) has a Wall Street consensus price target of $451.25, based on estimates from 11 covering analysts. With the stock currently trading at $390.74, this represents a potential upside of +15.5%. The company has a market capitalization of $7.25B.

Analyst price targets range from a low of $410.00 to a high of $500.00, representing a 20% spread in expectations. The median target of $447.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.

The current analyst consensus rating is Hold, with 3 analysts rating the stock as a Buy or Strong Buy,6 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, MUSA trades at a trailing P/E of 16.2x and forward P/E of 15.6x. The forward PEG ratio of 0.41 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow -0.0% over the next year.

Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $417.13, with bear and bull scenarios of $176.68 and $1090.34 respectively. Model confidence stands at 59/100, reflecting moderate uncertainty in projections.

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 Consumer Cyclical stocks.

Analyst Sentiment Comparison

Industry Peer Analysis
Avg Peer Upside+13.0%
Avg Forward P/E25.0x
Peers with Coverage4 / 6
CompanyMarket CapPriceTargetUpsideRatingFwd P/EAnalysts
MUSAMurphy USA Inc.
$7.3B$390.74$451.25+15.5%Hold15.6x11
CASYCasey's General Stores, Inc.$25.4B$685.59$630.91-8.0%Buy39.5x24
CARTInstacart (Maplebear Inc.)$10.0B$37.51$47.54+26.7%Buy15.7x26
ARKOArko Corp.$713M$6.43$7.58+17.9%Hold29.2x4
WNWMeiwu Technology Company Limited$98M$1.54—————
WBUYWEBUY GLOBAL Ltd. Ordinary Shares$97M$1.06—————

Upside Potential Comparison

CART
+26.7%
ARKO
+17.9%
MUSA
+15.5%
CASY
-8.0%

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Is MUSA Undervalued?

See our Bear / Base / Bull DCF models and intrinsic value estimates.

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Frequently Asked Questions

What is the MUSA stock price target for 2026?

Murphy USA Inc. (MUSA) has a consensus 12-month price target of $451.25, implying 15.5% upside from $390.74. The 11 analysts covering MUSA see moderate appreciation potential.

Is MUSA a buy, sell, or hold?

MUSA has a consensus rating of "Hold" based on 11 Wall Street analysts. The rating breakdown is mixed, with 6 Hold ratings making up the largest segment. The consensus 12-month price target of $451.25 implies 15.5% upside from current levels.

Is MUSA stock overvalued or undervalued?

With a forward P/E of 15.6407x, MUSA trades at a relatively low valuation. The consensus target of $451.25 implies 15.5% appreciation, suggesting meaningful undervaluation.

How high can MUSA stock go?

The most bullish Wall Street analyst has a price target of $500 for MUSA, while the most conservative target is $410. The consensus of $451.25 represents the median expectation. Our quantitative valuation model projects a bull case target of $1090 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

How many analysts cover MUSA stock?

MUSA is moderately covered, with 11 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 3 have Buy ratings, 6 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 MUSA stock forecast?

The 12-month MUSA stock forecast based on 11 Wall Street analysts shows a consensus price target of $451.25, with estimates ranging from $410 (bear case) to $500 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $417, with bear/bull scenarios of $177/$1090.

What is MUSA's fair value based on fundamentals?

Our quantitative valuation model calculates MUSA's fair value at $417 (base case), with a bear case of $177 and bull case of $1090. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 59/100.

What is MUSA's forward P/E ratio?

MUSA trades at a forward P/E ratio of 15.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 16.2x. 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 MUSA stock?

Wall Street analysts are optimistic on MUSA, with a "Hold" consensus rating and $451.25 price target (15.5% upside). 3 of 11 analysts rate it Buy or Strong Buy. 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 MUSA price targets vary so much?

MUSA analyst price targets range from $410 to $500, a 20% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $451.25 consensus represents the middle ground. Our model's $177-$1090 range provides an independent fundamental perspective.

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