Phillips 66 (PSX)
NYSE: PSX · Real-Time Price · USD
129.97
-2.58 (-1.95%)
Sep 20, 2024, 4:00 PM EDT - Market closed

Phillips 66 Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Phillips 66 stock have an average target of 154.08, with a low estimate of 136 and a high estimate of 182. The average target predicts an increase of 18.55% from the current stock price of 129.97.

Analyst Consensus: Buy
Target Low Average Median High
Price $136 $154.08 $150 $182
Change +4.64% +18.55% +15.41% +40.03%

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 Apr '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 223333
Buy 876666
Hold 444334
Sell 000000
Strong Sell 000000
Total 141313121213

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Maintains
$151$136
Buy Maintains $151$136 +4.64% Sep 20, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$150$144
Hold Maintains $150$144 +10.79% Sep 16, 2024
Mizuho
Mizuho
Hold
Maintains
$154$150
Hold Maintains $154$150 +15.41% Sep 16, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$162$150
Strong Buy Maintains $162$150 +15.41% Sep 11, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$176$182
Buy Maintains $176$182 +40.03% Sep 3, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
146.58B
from 147.40B
Decreased by -0.56%
Revenue Next Year
140.73B
from 146.58B
Decreased by -3.99%
EPS This Year
9.22
from 15.48
Decreased by -40.42%
EPS Next Year
13.11
from 9.22
Increased by 42.15%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
107.29B64.13B111.48B169.99B147.40B146.58B140.73B147.77B
Revenue Growth
-3.77%-40.23%73.83%52.49%-13.29%-0.56%-3.99%5.00%
EPS
6.77-9.062.9723.2715.489.2213.1113.99
EPS Growth
-42.62%--684.05%-33.48%-40.42%42.15%6.71%
Forward PE
-----14.099.919.29
No. Analysts -----212114
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 163.2B 176.3B 183.5B
Avg 146.6B 140.7B 147.8B
Low 131.7B 112.0B 124.0B

Revenue Growth

Revenue Growth 20242025202620272028
High
10.7%
20.3%
30.4%
Avg
-0.6%
-4.0%
5.0%
Low
-10.7%
-23.6%
-11.9%

EPS Forecast

EPS 20242025202620272028
High 10.71 16.96 18.47
Avg 9.22 13.11 13.99
Low 8.06 9.86 11.83

EPS Growth

EPS Growth 20242025202620272028
High
-30.8%
83.9%
40.9%
Avg
-40.4%
42.1%
6.7%
Low
-48.0%
6.9%
-9.8%
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.