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PSX Stock Forecast: Phillips 66 Price Predictions for 2027

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$187.81

+8.97 (5.02%)

PSX Stock Forecast 2026-2027

$187.81
Current Price
$75.30B
Market Cap
19 Ratings
Buy 12
Hold 6
Sell 1
Wall St Analyst Ratings

Distance to PSX Price Targets

+17.1%
To High Target of $220.00
+5.7%
To Median Target of $198.50
-26.5%
To Low Target of $138.00

PSX Price Momentum

+6.5%
1 Week Change
+4.9%
1 Month Change
+43.9%
1 Year Change
+45.5%
Year-to-Date Change
-1.5%
From 52W High of $190.61
+59.1%
From 52W Low of $118.07
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Latest PSX Stock Price Targets & Analyst Predictions

Based on our analysis of 5 Wall Street analysts, PSX has a bullish consensus with a median price target of $198.50 (ranging from $138.00 to $220.00). The overall analyst rating is Strong Buy (8.0/10). Currently trading at $187.81, the median forecast implies a 5.7% upside. This outlook is supported by 12 Buy, 6 Hold, and 1 Sell ratings.

The most optimistic forecast comes from Jason Gabelman at TD Cowen, projecting a 17.1% upside. Conversely, the most conservative target is provided by Sergey Pigarev at Freedom Capital Markets, suggesting a 26.5% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

PSX Analyst Ratings

12
Buy
6
Hold
1
Sell

PSX Price Target Range

Low
$138.00
Average
$198.50
High
$220.00
Current: $187.81

Latest PSX Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for PSX.

Date Firm Analyst Rating Change Price Target
Jun 29, 2026 TD Cowen Jason Gabelman Buy Maintains $220.00
Jun 12, 2026 Morgan Stanley Overweight Maintains $N/A
May 27, 2026 Mizuho Outperform Upgrade $N/A
May 20, 2026 Goldman Sachs Neutral Maintains $N/A
Apr 24, 2026 Morgan Stanley Overweight Upgrade $N/A
Apr 22, 2026 Scotiabank Sector Perform Maintains $N/A
Apr 9, 2026 Citigroup Neutral Maintains $N/A
Apr 8, 2026 Barclays Equal-Weight Maintains $N/A
Apr 8, 2026 Piper Sandler Neutral Maintains $N/A
Apr 2, 2026 UBS Buy Maintains $N/A
Mar 31, 2026 Wells Fargo Overweight Maintains $N/A
Mar 25, 2026 Raymond James Outperform Maintains $N/A
Mar 17, 2026 Mizuho Neutral Maintains $N/A
Mar 12, 2026 Goldman Sachs Neutral Maintains $N/A
Feb 9, 2026 Citigroup Neutral Maintains $N/A
Feb 5, 2026 Piper Sandler Neutral Maintains $N/A
Feb 5, 2026 Morgan Stanley Equal-Weight Maintains $N/A
Feb 5, 2026 Wells Fargo Overweight Maintains $N/A
Jan 14, 2026 Citigroup Neutral Maintains $N/A
Jan 13, 2026 JP Morgan Overweight Maintains $N/A

Phillips 66 (PSX) Competitors

The following stocks are similar to Phillips 66 based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Phillips 66 (PSX) Financial Data

Phillips 66 has a market capitalization of $75.30B with a P/E ratio of 17.5x. The company generates $134.49B in trailing twelve-month revenue with a 3.1% profit margin.

Revenue growth is +6.9% quarter-over-quarter, while maintaining an operating margin of +0.6% and return on equity of +14.5%.

Valuation Metrics

Market Cap $75.30B
Enterprise Value $93.86B
P/E Ratio 17.5x
PEG Ratio -0.3x
Price/Sales 0.5x

Growth & Margins

Revenue Growth (YoY) +6.9%
Gross Margin +8.5%
Operating Margin +0.6%
Net Margin +3.1%
EPS Growth -57.5%

Financial Health

Cash/Price Ratio +6.8%
Current Ratio 1.1x
Debt/Equity 91.4x
ROE +14.5%
ROA +3.8%
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Phillips 66 logo

Phillips 66 (PSX) Business Model

About Phillips 66

What They Do

A diversified energy manufacturing and logistics company.

Business Model

The company operates through various segments including Midstream, Chemicals, Refining, Renewable Fuels, and Marketing and Specialties. It generates revenue by processing crude oil into fuel products, transporting and storing energy products, and marketing fuels and lubricants under well-known brands.

Additional Information

Founded in 1875 and headquartered in Houston, Texas, the company serves a global customer base across multiple sectors, highlighting its significant role in energy supply and infrastructure.

Company Information

Sector

Energy

Industry

Oil & Gas Refining & Marketing

Employees

12,600

CEO

Dr. Mark E. Lashier

Country

United States

IPO Year

2012

Phillips 66 (PSX) Latest News & Analysis

Featured Analysis
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VLO's Gulf Coast refining edge, flexible feedstock sourcing and clean-fuel growth make the stock worth watching despite its premium valuation.

Jul 07, 2026 By Debapriya Bhowal Analyst Blog

Phillips 66 Stock Up Almost 40% in a Year: Is it too Late to Get In?

PSX has surged almost 40%, but softer oil prices, midstream stability and rising 2026 earnings estimates may keep it attractive.

Jul 06, 2026 By Nilanjan Banerjee Analyst Blog

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MPC stock jumps 52% in six months on strong refining execution. But can operational strengths outweigh valuation and cyclical risks ahead?

Jul 06, 2026 By Seema Agarwal Analyst Blog

Latest News

PSX stock latest news image
Quick Summary

PSX has increased nearly 40%, with lower oil prices, stable midstream operations, and rising 2026 earnings estimates suggesting ongoing investment appeal.

Why It Matters

PSX's 40% surge signals strong momentum, while softer oil prices and stable midstream operations suggest potential for continued growth, bolstered by rising earnings estimates for 2026.

Source: Zacks Investment Research
Market Sentiment: Positive
PSX stock latest news image
Quick Summary

PSX could see positive impacts from declining crude prices, diversified operations in midstream and chemicals, and strong refining demand amid lower oil prices.

Why It Matters

Lower crude costs can enhance PSX's profit margins. Diversification in midstream and chemicals reduces risk, while strong refining demand supports stable revenue, making PSX an attractive investment.

Source: Zacks Investment Research
Market Sentiment: Positive
PSX stock latest news image
Quick Summary

PSX and PARR have seen significant gains over the past year, with declining crude prices potentially benefiting their refining operations.

Why It Matters

The rally in PSX and PARR suggests strong market confidence, while softer crude prices could enhance their profit margins, potentially driving further stock gains.

Source: Zacks Investment Research
Market Sentiment: Positive
PSX stock latest news image
Quick Summary

Zacks Premium offers Style Scores to assist value, growth, and momentum investors in identifying strong stocks effectively.

Why It Matters

Zacks Style Scores enhance stock selection across investment strategies, potentially improving portfolio performance and attracting more investors to Zacks Premium services.

Source: Zacks Investment Research
Market Sentiment: Positive
PSX stock latest news image
Quick Summary

Phillips 66 and Halliburton have outperformed the oil-energy sector; softer crude prices and strong business models may sustain their momentum.

Why It Matters

Phillips 66 and Halliburton's outperformance indicates strong fundamentals amid fluctuating crude prices, suggesting potential stability and growth in their stock performance.

Source: Zacks Investment Research
Market Sentiment: Positive
PSX stock latest news image
Quick Summary

As America marks its 250th anniversary, the S&P 500 shows a 10-year July win streak with a 3.5% average return. Analysts forecast 24% earnings growth in CY 2026 across eight sectors.

Why It Matters

Strong historical performance and positive earnings projections for the S&P 500 suggest potential for stock price appreciation, broadening growth opportunities across multiple sectors.

Source: Seeking Alpha
Market Sentiment: Neutral

Frequently Asked Questions About PSX Stock

What is Phillips 66's (PSX) stock forecast for 2027?

Based on our analysis of 5 Wall Street analysts, Phillips 66 (PSX) has a median price target of $198.50. The highest price target is $220.00 and the lowest is $138.00.

Is PSX stock a good investment in 2027?

According to current analyst ratings, PSX has 12 Buy ratings, 6 Hold ratings, and 1 Sell ratings. The stock is currently trading at $187.81. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for PSX stock?

Wall Street analysts predict PSX stock could reach $198.50 in the next 12 months. This represents a 5.7% increase from the current price of $187.81. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Phillips 66's business model?

The company operates through various segments including Midstream, Chemicals, Refining, Renewable Fuels, and Marketing and Specialties. It generates revenue by processing crude oil into fuel products, transporting and storing energy products, and marketing fuels and lubricants under well-known brands.

What is the highest forecasted price for PSX Phillips 66?

The highest price target for PSX is $220.00 from Jason Gabelman at TD Cowen, which represents a 17.1% increase from the current price of $187.81.

What is the lowest forecasted price for PSX Phillips 66?

The lowest price target for PSX is $138.00 from Sergey Pigarev at Freedom Capital Markets, which represents a -26.5% decrease from the current price of $187.81.

What is the overall PSX consensus from analysts for Phillips 66?

The overall analyst consensus for PSX is bullish. Out of 5 Wall Street analysts, 12 rate it as Buy, 6 as Hold, and 1 as Sell, with a median price target of $198.50.

How accurate are PSX stock price projections?

Stock price projections, including those for Phillips 66, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: July 9, 2026 10:40 AM UTC
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