Phillips 66 Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Phillips 66 stock have an average target of 156.86, with a low estimate of 125 and a high estimate of 191. The average target predicts a decrease of -2.46% from the current stock price of 160.82.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$125	$156.86	$156	$191
Change	-22.27%	-2.46%	-3.00%	+18.77%

Analyst Ratings

The average analyst rating for Phillips 66 stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	2	2	2	2	2	2
Buy	8	7	7	7	7	8
Hold	3	3	3	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	12	12	13	13	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nitin Kumar Mizuho	Mizuho	Hold Maintains $167 → $162	Hold	Maintains	$167 → $162	+0.73%	Apr 12, 2024
Paul Cheng Scotiabank	Scotiabank	Buy Maintains $148 → $156	Buy	Maintains	$148 → $156	-3.00%	Apr 11, 2024
Roger Read Wells Fargo	Wells Fargo	Buy Maintains $179 → $191	Buy	Maintains	$179 → $191	+18.77%	Apr 8, 2024
Ryan Todd Piper Sandler	Piper Sandler	Buy Maintains $169 → $187	Buy	Maintains	$169 → $187	+16.28%	Apr 5, 2024
John Royall JP Morgan	JP Morgan	Buy Maintains $149 → $167	Buy	Maintains	$149 → $167	+3.84%	Apr 1, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

141.08B

from 149.89B

-5.88%

from 149.89B

Revenue Next Year

137.84B

from 141.08B

-2.29%

from 141.08B

EPS This Year

14.25

from 15.48

-7.92%

from 15.48

EPS Next Year

14.58

from 14.25

2.29%

from 14.25

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	109.56B	65.49B	114.85B	175.70B	149.89B	141.08B	137.84B	142.52B	109.95B	-
Revenue Growth	-4.08%	-40.22%	75.36%	52.98%	-14.69%	-5.88%	-2.29%	3.39%	-22.85%	-
EPS	6.77	-9.06	2.97	23.27	15.48	14.25	14.58	15.15	13.39	13.48
EPS Growth	-42.63%	-	-	683.50%	-33.48%	-7.92%	2.29%	3.90%	-11.60%	0.68%
No. Analysts	-	-	-	-	-	21	20	11	3	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027
High	157.1B	156.4B	183.5B	114.3B
Avg	141.1B	137.8B	142.5B	109.9B
Low	112.7B	114.2B	119.0B	106.7B

Revenue Growth

Revenue Growth	2024	2025	2026	2027
High	4.8%	10.9%	33.1%	-19.8%
Avg	-5.9%	-2.3%	3.4%	-22.9%
Low	-24.8%	-19.0%	-13.7%	-25.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	22.14	20.54	18.53	13.93	14.02
Avg	14.25	14.58	15.15	13.39	13.48
Low	11.23	8.85	12.25	12.99	13.08

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	43.1%	44.1%	27.1%	-8.0%	4.7%
Avg	-7.9%	2.3%	3.9%	-11.6%	0.7%
Low	-27.4%	-37.9%	-16.0%	-14.3%	-2.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.