Phillips 66 (PSX) Stock Forecast

NYSE: PSXAnalyst ratings, price target and estimates.

PSX analyst forecast

as of October 18, 2026
Analyst consensus
Buy
3.75 / 5 from 20 analysts
Price target
$280.47
average of analyst targets
Upside to target
−4.3%
from the latest close
Next earnings
October 28, 2026
EPS estimate $10.87
52-week range
$127.75 – $297.29

PSX analyst ratings

20 analysts
Strong buy
840%
Buy
315%
Hold
735%
Sell
00%
Strong sell
210%

Number of analysts at each rating.

PSX price target

Price $293.17Target $280.47
52-week low $127.7552-week high $297.29

The average of analyst 12-month price targets compared with the latest close and the 52-week range.

PSX earnings per share estimates

Phillips 66 EPS estimates
PeriodAverageLowHighYear agoGrowthAnalysts
Current quarter (Sep '26)$11.84$5.81$13.10$2.52+369.7%18
Current fiscal year (2026)$32.48$29.15$37.70$6.44+404.4%16
Next fiscal year (2027)$29.95$17.16$37.92$32.48−7.8%19

Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.

PSX revenue estimates

Phillips 66 revenue estimates
PeriodAverageLowHighGrowthAnalysts
Current quarter (Sep '26)$43.23B$27.36B$57.06B+23.6%6
Current fiscal year (2026)$171.95B$139.10B$203.17B+25.9%7
Next fiscal year (2027)$154.10B$102.58B$189.85B−10.4%7

PSX EPS: reported and forecast

Reported EPSEstimate (average; low–high)

Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.

PSX revenue: reported and forecast

Reported revenueEstimate (average; low–high)

PSX EPS estimate revisions

Phillips 66 EPS estimate revisions
Period90 days ago60 days ago30 days ago7 days agoNowChange (90 d)Revisions (30 d)
Current quarter (Sep '26)$7.20$9.25$10.61$11.23$11.84+64.4%8 up · 1 down
Current fiscal year (2026)$19.39$26.13$28.85$30.68$32.48+67.5%11 up · 0 down
Next fiscal year (2027)$18.01$21.02$25.24$27.39$29.95+66.3%10 up · 1 down

How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.

PSX earnings surprises

Reported EPSEstimate

Reported EPS vs the consensus estimate for the last 12 quarters; PSX beat in 9 of 12.

What analysts expect from PSX

20 analysts cover Phillips 66; their consensus rating is buy (3.75 on a 1–5 scale, where 5 is a strong buy). The average price target is $280.47, 4.3% below the latest close of $293.17. Analysts expect earnings of $32.48 per share for 2026, +404.4% from a year earlier. For 2027 the average estimate is $29.95 per share on revenue of $154.1 billion. Phillips 66 beat the EPS estimate in 9 of the last 12 quarters.

Related: PSX income statement, PSX key metrics, PSX chart. See the PSX stock overview for the latest quote and news.

PSX forecast FAQ

What is Phillips 66's price target?

The average analyst price target for Phillips 66 is $280.47, 4.3% below the latest close of $293.17.

Is Phillips 66 a buy, hold or sell?

Of 20 analysts covering Phillips 66, 8 rate it a strong buy, 3 a buy, 7 a hold, 0 a sell and 2 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.

What is Phillips 66's EPS forecast?

Analysts forecast $32.48 per share for 2026 (range $29.15 to $37.70); for 2027 the estimate is $29.95.

What is Phillips 66's revenue forecast?

The average revenue estimate for 2026 is $171.9 billion, growth of 25.9%; for 2027 it is $154.1 billion.

When does Phillips 66 report earnings?

Phillips 66 is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 before the market opens; the EPS estimate is $10.87.

Does Phillips 66 usually beat earnings estimates?

Phillips 66 reported EPS at or above the analyst estimate in 9 of the last 12 quarters.

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