Phillips 66 (PSX)

Phillips 66 Stock Forecast

Stock Price Forecast

The 17 analysts that cover Phillips 66 stock have a consensus rating of "Buy" and an average price target of $142.06, which forecasts a 10.47% increase in the stock price over the next year. The lowest target is $122 and the highest is $170.

Price Target: $142.06 (+10.47%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$122	$142.06	$142	$170
Change	-5.13%	+10.47%	+10.42%	+32.19%

Analyst Ratings

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

Recommendation Trends

Rating	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	4	3	3	3	2	2
Buy	6	7	5	5	5	6
Hold	4	4	8	8	9	10
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	14	14	16	16	16	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Justin Jenkins Raymond James	Raymond James	Buy Reiterates $145 → $150	Buy	Reiterates	$145 → $150	+16.64%	Oct 17, 2025
Sam Margolin Wells Fargo	Wells Fargo	Buy Initiates $154	Buy	Initiates	$154	+19.75%	Oct 17, 2025
Lloyd Byrne Jefferies	Jefferies	Hold Maintains $133 → $137	Hold	Maintains	$133 → $137	+6.53%	Oct 10, 2025
Theresa Chen Barclays	Barclays	Hold Maintains $127 → $132	Hold	Maintains	$127 → $132	+2.64%	Oct 7, 2025
Erin Wright Morgan Stanley	Morgan Stanley	Hold Maintains $128 → $140	Hold	Maintains	$128 → $140	+8.86%	Oct 3, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

130.03B

Decreased by -9.17%

from 143.15B

Revenue Next Year

127.05B

Decreased by -2.30%

from 130.03B

EPS This Year

5.59

Increased by 12.05%

from 4.99

EPS Next Year

10.88

Increased by 94.56%

from 5.59

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	64.13B	111.48B	169.99B	147.40B	143.15B	130.03B	127.05B
Revenue Growth	-40.23%	73.83%	52.49%	-13.29%	-2.88%	-9.17%	-2.30%
EPS	-9.06	2.97	23.27	15.48	4.99	5.59	10.88
EPS Growth	-	-	684.05%	-33.49%	-67.76%	12.05%	94.56%
Forward PE	-	-	-	-	-	23.00	11.82
No. Analysts	-	-	-	-	-	22	23

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	139.8B	158.9B
Avg	130.0B	127.0B
Low	116.4B	101.0B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	-2.4%	22.2%
Avg	-9.2%	-2.3%
Low	-18.7%	-22.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	7.74	18.64
Avg	5.59	10.88
Low	3.32	8.48

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	55.1%	233.3%
Avg	12.0%	94.6%
Low	-33.4%	51.6%

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.