Phillips 66 Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Phillips 66 stock have an average target of 159.15, with a low estimate of 125 and a high estimate of 191. The average target predicts an increase of 13.30% from the current stock price of 140.47.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$125	$159.15	$160	$191
Change	-11.01%	+13.30%	+13.90%	+35.97%

Analyst Ratings

The average analyst rating for Phillips 66 stock from 13 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	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	2	2	2	2	3	3
Buy	7	7	8	7	6	6
Hold	4	4	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	14	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Royall JP Morgan	JP Morgan	Buy Maintains $165 → $162	Buy	Maintains	$165 → $162	+15.33%	Jul 2, 2024
Theresa Chen Barclays	Barclays	Hold Maintains $147 → $142	Hold	Maintains	$147 → $142	+1.09%	Jul 1, 2024
Jason Gabelman TD Cowen	TD Cowen	Strong Buy Maintains $164 → $155	Strong Buy	Maintains	$164 → $155	+10.34%	Jun 21, 2024
Nitin Kumar Mizuho	Mizuho	Hold Maintains $162 → $160	Hold	Maintains	$162 → $160	+13.90%	Jun 20, 2024
Ryan Todd Piper Sandler	Piper Sandler	Buy Maintains $170 → $151	Buy	Maintains	$170 → $151	+7.50%	Jun 14, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

146.67B

from 149.89B

-2.15%

from 149.89B

Revenue Next Year

141.35B

from 146.67B

-3.63%

from 146.67B

EPS This Year

12.02

from 15.48

-22.36%

from 15.48

EPS Next Year

14.22

from 12.02

18.28%

from 12.02

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	109.56B	65.49B	114.85B	175.70B	149.89B	146.67B	141.35B	144.97B	111.52B	112.91B
Revenue Growth	-4.08%	-40.22%	75.36%	52.98%	-14.69%	-2.15%	-3.63%	2.56%	-23.07%	1.24%
EPS	6.77	-9.06	2.97	23.27	15.48	12.02	14.22	14.51	14.53	15.30
EPS Growth	-42.63%	-	-	683.50%	-33.48%	-22.36%	18.28%	2.08%	0.12%	5.28%
Forward PE	-	-	-	-	-	11.69	9.88	9.68	9.67	9.18
No. Analysts	-	-	-	-	-	21	20	13	3	3

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	169.5B	171.2B	183.5B	115.9B	117.4B
Avg	146.7B	141.4B	145.0B	111.5B	112.9B
Low	121.7B	114.5B	124.2B	108.2B	109.6B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	13.1%	16.7%	29.8%	-20.0%	5.3%
Avg	-2.1%	-3.6%	2.6%	-23.1%	1.2%
Low	-18.8%	-22.0%	-12.1%	-25.4%	-1.8%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	15.51	17.40	20.25	15.25	16.21
Avg	12.02	14.22	14.51	14.53	15.30
Low	10.26	11.81	10.32	13.97	14.55

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	0.2%	44.8%	42.5%	5.1%	11.6%
Avg	-22.4%	18.3%	2.1%	0.1%	5.3%
Low	-33.7%	-1.7%	-27.4%	-3.8%	0.2%

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.