Phillips 66 (PSX) Stock Forecast & Price Target

$122.05 -0.79 (-0.64%)

Closing price 08/19/2025 03:59 PM Eastern

Extended Trading

$122.08 +0.02 (+0.02%)

As of 05:18 AM Eastern

Phillips 66 - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 19 Analyst Ratings

Sell
0

Hold
9

Buy
10

Based on 19 Wall Street analysts who have issued ratings for Phillips 66 in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 19 analysts, 9 have given a hold rating, 9 have given a buy rating, and 1 has given a strong buy rating for PSX.

Consensus Price Target

$136.20
11.59% Upside

According to the 19 analysts' twelve-month price targets for Phillips 66, the average price target is $136.20. The highest price target for PSX is $156.00, while the lowest price target for PSX is $115.00. The average price target represents a forecasted upside of 11.59% from the current price of $122.05.

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PSX Analyst Ratings Over Time

Type	Current Forecast 8/20/24 to 8/20/25	1 Month Ago 7/21/24 to 7/21/25	3 Months Ago 5/22/24 to 5/22/25	1 Year Ago 8/21/23 to 8/20/24
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 Buy rating(s)	9 Buy rating(s)	9 Buy rating(s)	10 Buy rating(s)
Hold	9 Hold rating(s)	9 Hold rating(s)	6 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$136.20	$135.27	$137.86	$157.38
Forecasted Upside	11.59% Upside	7.40% Upside	22.03% Upside	18.88% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

PSX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PSX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Phillips 66 Stock vs. The Competition

Type	Phillips 66	Energy Companies	S&P 500
Consensus Rating Score	2.58	2.64	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	11.59% Upside	57.79% Upside	11.27% Upside
News Sentiment Rating	Positive News See Recent PSX News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/4/2025	Piper Sandler 2 of 5 stars	Ryan Todd Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral ➝ Neutral	$144.00 ➝ $145.00	+19.60%
7/31/2025	Argus 4 of 5 stars		Upgrade	Strong-Buy
7/28/2025	UBS Group 4 of 5 stars	Spiro Dounis Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$141.00 ➝ $143.00	+12.07%
7/28/2025	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$130.00 ➝ $134.00	+7.28%
7/16/2025	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Erin Wright Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$122.00 ➝ $128.00	-0.40%
7/16/2025	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Vikram Bagri Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$126.00 ➝ $130.00	+1.15%
7/15/2025	Raymond James Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Justin Jenkins Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target	Outperform ➝ Outperform	$135.00 ➝ $142.00	+10.11%
7/11/2025	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Paul Cheng Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Sector Outperform ➝ Sector Perform	$133.00	-1.02%
7/9/2025	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Theresa Chen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$115.00 ➝ $127.00	-3.70%
6/18/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Ella Smith Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		$115.00	-7.99%
Get the Latest News and Ratings for PSX and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Phillips 66 and its competitors with MarketBeat's FREE daily newsletter.
6/18/2025	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating	Matthew Prisco Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral
6/18/2025	Compass Point Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy
6/18/2025	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Stephen Richardson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$130.00	+4.29%
6/11/2025	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Roger Read Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$149.00 ➝ $147.00	+23.88%
5/22/2025	Tudor Pickering Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
5/13/2025	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Nitin Kumar Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$132.00 ➝ $138.00	+11.48%
3/27/2025	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Neil Mehta Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$132.00 ➝ $132.00	+4.32%
1/3/2025	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Margolin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Peer Perform ➝ Outperform	$143.00	+24.99%
10/17/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$156.00	+17.90%
10/30/2023	Tudor, Pickering, Holt & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$115.00 ➝ $130.00	+17.19%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 05:57 AM ET.

Should I Buy Phillips 66 Stock? PSX Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, August 15, 2025. Please send any questions or comments about these Phillips 66 pros and cons to contact@marketbeat.com.

Phillips 66
Bull Case

Here are some ways that investors could benefit from investing in Phillips 66:

The current stock price is around $123.62, which reflects a stable performance in the market.
Phillips 66 reported strong quarterly earnings, with earnings per share of $2.38, significantly exceeding analysts' expectations.
The company has a solid market capitalization of approximately $49.96 billion, indicating a strong position in the oil and gas sector.
Recent insider buying activity suggests confidence in the company's future, with directors purchasing shares at favorable prices.
Analysts have a consensus rating of "Moderate Buy" for Phillips 66, with an average price target of $136.20, indicating potential for price appreciation.

Phillips 66
Bear Case

Investors should be bearish about investing in Phillips 66 for these reasons:

The company has a relatively high price-to-earnings (P/E) ratio of 29.72, which may indicate that the stock is overvalued compared to its earnings.
Phillips 66 has a net margin of only 1.27%, suggesting that profitability could be a concern in a competitive market.
The stock has experienced volatility, with a 12-month high of $140.85 and a low of $91.01, indicating potential risks for investors.
With a debt-to-equity ratio of 0.60, while manageable, it indicates that the company is somewhat reliant on debt financing, which could pose risks in economic downturns.
Recent changes in institutional holdings show mixed sentiment, with some hedge funds reducing their positions, which could signal caution among larger investors.

PSX Forecast - Frequently Asked Questions

: According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Phillips 66 is $136.20, with a high forecast of $156.00 and a low forecast of $115.00.
: 19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Phillips 66 in the last twelve months. There are currently 9 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PSX shares.
: According to analysts, Phillips 66's stock has a predicted upside of 11.59% based on their 12-month stock forecasts.
: Over the previous 90 days, Phillips 66's stock had 2 downgrades and 1 upgrade by analysts.
: Phillips 66 has been rated by research analysts at Argus, Barclays, Cantor Fitzgerald, Citigroup, Compass Point, Evercore ISI, JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, Raymond James Financial, Scotiabank, TD Cowen, Tudor Pickering, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Phillips 66 less than other "energy" companies. The consensus rating score for Phillips 66 is 2.58 while the average consensus rating score for "energy" companies is 2.64. Learn more on how PSX compares to other companies.

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This page (NYSE:PSX) was last updated on 8/20/2025 by MarketBeat.com Staff

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Phillips 66 (PSX) Stock Forecast & Price Target