PHILLIPS 66 (PSX) Forecast, Price Target & Analyst Ratings

NYSE:PSX • US7185461040

Current stock price

185.75 USD
-2.53 (-1.34%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for PHILLIPS 66 (PSX).

Forecast Snapshot

Consensus Price Target

Price Target
$164.68
-11.34% Downside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 24, 2026
Period
Q1 / 2026
EPS Estimate
$1.95
Revenue Estimate
32.069B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
71.11%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$164.68
Upside
-11.34%
From current price of $185.75 to mean target of $164.68, Based on 27 analyst forecasts
Low
$135.90
Median
$166.26
High
$196.35

Price Target Revisions

1 Month
2.88%
3 Months
8.84%

Price Target Summary

27 Wall Street analysts provided a forecast for the next 12 months for PSX. The average price target is 164.68 USD. This implies a price decrease of -11.34% is expected in the next year compared to the current price of 185.75.
The average price target has been revised upward by 8.84% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

PSX Current Analyst RatingPSX Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

PSX Historical Analyst RatingsPSX Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20 25

Analyst Ratings Consensus

ChartMill Buy Consensus
71.11%
PSX was analyzed by 27 analysts. The buy percentage consensus is at 71. So analysts seem to be have mildly positive about PSX.
In the previous month the buy percentage consensus was at a similar level.
PSX was analyzed by 27 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-25Raymond JamesMaintains Outperform -> Outperform
2026-03-17MizuhoMaintains Neutral -> Neutral
2026-03-12Goldman SachsMaintains Neutral -> Neutral
2026-02-09CitigroupMaintains Neutral -> Neutral
2026-02-05Wells FargoMaintains Overweight -> Overweight
2026-02-05Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2026-02-05Piper SandlerMaintains Neutral -> Neutral
2026-01-14CitigroupMaintains Neutral -> Neutral
2026-01-13JP MorganMaintains Overweight -> Overweight
2026-01-12MizuhoMaintains Neutral -> Neutral
2026-01-12BarclaysMaintains Equal-Weight -> Equal-Weight
2026-01-12Piper SandlerMaintains Neutral -> Neutral
2026-01-08Piper SandlerMaintains Neutral -> Neutral
2026-01-06Freedom Capital MarketsDowngrade Hold -> Sell
2025-12-12MizuhoMaintains Neutral -> Neutral
2025-12-05Piper SandlerMaintains Neutral -> Neutral
2025-11-17BarclaysMaintains Equal-Weight -> Equal-Weight
2025-11-14Piper SandlerMaintains Neutral -> Neutral
2025-11-03Freedom Capital MarketsDowngrade Buy -> Hold
2025-11-03UBSMaintains Buy -> Buy
2025-10-30TD CowenMaintains Buy -> Buy
2025-10-30Wells FargoMaintains Overweight -> Overweight
2025-10-30Piper SandlerMaintains Neutral -> Neutral
2025-10-17Wells FargoInitiate Overweight
2025-10-17Raymond JamesReiterate Outperform -> Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 24, 2026
Period
Q1 / 2026
EPS Estimate
$1.95
Revenue Estimate
32.069B
Revenue Q2Q
1.08%
EPS Q2Q
317.07%
Number of Analysts
21

Next Earnings Revisions

Revenue (1 Month)
1.10%
Revenue (3 Months)
3.29%
EPS (1 Month)
14.01%
EPS (3 Months)
-18.52%

Next Earnings Summary

PSX is expected to report earnings on 4/24/2026. The consensus EPS estimate for the next earnings is 1.95 USD and the consensus revenue estimate is 32.07B USD.
The next earnings revenue estimate has been revised upward by 3.29% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
PSX revenue by date.PSX revenue by date.
147.399B
-13.29%		143.153B
-2.88%		132.376B
-7.53%		136.788B
3.33%		138.018B
0.90%		144.332B
4.57%		127.096B
-11.94%		N/A
EBITDA
YoY % growth
PSX ebitda by date.PSX ebitda by date.
10.113B
-9.91%		4.366B
-56.83%		7.584B
73.71%		9.482B
25.03%		10.017B
5.64%		9.994B
-0.23%		11.196B
12.03%		11.089B
-0.96%
EBIT
YoY % growth
PSX ebit by date.PSX ebit by date.
8.136B
-15.22%		2.003B
-75.38%		4.333B
116.33%		7.359B
69.84%		7.663B
4.13%		7.557B
-1.38%		8.828B
16.82%		N/A
Operating Margin
PSX operating margin by date.PSX operating margin by date.
5.52%1.40%3.27%5.38%5.55%5.24%6.95%N/A
EPS
YoY % growth
PSX eps by date.PSX eps by date.
15.80
-14.82%		6.10
-61.39%		6.47
6.07%		11.26
74.01%		12.61
11.96%		12.67
0.52%		16.67
31.53%		17.37
4.24%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		1.95
317.07%		4.08
71.35%		3.74
48.61%		2.81
13.87%		2.47
26.42%		4.01
-1.71%		4.03
7.59%		3.14
11.71%		3.08
24.73%		3.32
-17.10%		3.41
-15.27%		3.45
9.94%
Revenue
Q2Q % growth		32.069B
1.08%		33.778B
0.76%		33.735B
-3.56%		33.861B
-6.80%		29.402B
-8.32%		31.185B
-7.68%		31.896B
-5.45%		31.709B
-6.36%		N/AN/AN/AN/A
EBITDA
Q2Q % growth		1.989B
215.71%		3.001B
-0.83%		2.767B
-23.71%		2.234B
-56.47%		2.355B
18.40%		3.055B
1.80%		3.057B
10.48%		2.471B
10.61%		2.233B
-5.18%		2.345B
-23.24%		2.379B
-22.18%		2.391B
-3.24%
EBIT
Q2Q % growth		1.474B
1,015.53%		2.284B
60.96%		2.173B
81.99%		1.721B
-8.51%		1.94B
31.61%		2.362B
3.42%		2.443B
12.43%		2.139B
24.29%		1.766B
-8.97%		1.874B
-20.66%		1.906B
-21.98%		1.92B
-10.24%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

PSX Yearly Revenue VS EstimatesPSX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 50B 100B 150B
PSX Yearly EPS VS EstimatesPSX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 5 10 15

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
25.11%
EPS Next 5 Year
21.84%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
2.79%
Revenue Next 5 Year
-1.11%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
29.36%
EBIT Next 5 Year
19.15%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

PHILLIPS 66 / PSX Forecast FAQ

What is the average price target for PHILLIPS 66 (PSX) stock?

27 analysts have analysed PSX and the average price target is 164.68 USD. This implies a price decrease of -11.34% is expected in the next year compared to the current price of 185.75.

When does PHILLIPS 66 (PSX) report earnings?

PHILLIPS 66 (PSX) will report earnings on 2026-04-24, before the market open.

Can you provide the consensus estimates for PHILLIPS 66 next earnings?

The consensus EPS estimate for the next earnings of PHILLIPS 66 (PSX) is 1.95 USD and the consensus revenue estimate is 32.07B USD.

Can you provide the analyst count for PHILLIPS 66 stock?

The number of analysts covering PHILLIPS 66 (PSX) is 27.