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NYSE: PSX
Phillips 66 Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for PSX

Based on 8 analysts offering 12 month price targets for Phillips 66.
Min Forecast
$106.00+13.92%
Avg Forecast
$123.00+32.19%
Max Forecast
$135.00+45.08%

Should I buy or sell PSX stock?

Based on 8 analysts offering ratings for Phillips 66.
Buy
Strong Buy
3 analysts 37.5%
Buy
3 analysts 37.5%
Hold
2 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their PSX stock forecasts and price targets.

PSX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
TD Cowen
Top 17%
84
BuyUpgrades$123.00+32.19%2023-06-01
Mizuho
Top 4%
97
HoldMaintains$106.00+13.92%2023-05-19
Piper Sandler
Top 20%
81
Strong BuyMaintains$127.00+36.49%2023-05-18
RBC Capital
Top 14%
87
BuyMaintains$130.00+39.71%2023-05-04
Wells Fargo
Top 7%
94
Strong BuyMaintains$118.00+26.81%2023-05-04
JP Morgan
Bottom 31%
31
Strong BuyMaintains$120.00+28.96%2023-03-28
Morgan Stanley
Bottom 2%
2
HoldMaintains$125.00+34.34%2023-01-20
Raymond James
Top 1%
100
BuyMaintains$135.00+45.08%2023-01-13

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Forecast return on equity

Is PSX forecast to generate an efficient return?
Company
10.83%
Industry
11.72%
Market
13.81%
PSX's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PSX forecast to generate an efficient return on assets?
Company
4.24%
Industry
4.16%
PSX is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PSX earnings growth forecast

How is PSX forecast to perform vs Oil & Gas Refining & Marketing companies and vs the US market?
Company
-60.58%
Industry
-56.94%
Market
112.33%
PSX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
PSX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
PSX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

PSX revenue growth forecast

How is PSX forecast to perform vs Oil & Gas Refining & Marketing companies and vs the US market?
Company
-23.35%
Industry
-16.38%
Market
16.94%
PSX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PSX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PSX vs Oil & Gas Refining & Marketing Stocks

TickerPricePrice TargetUp/downsideConsensus
PSX$93.05$123.00+32.19%Buy
MPC$105.87$146.75+38.61%Strong Buy
VLO$105.93$154.55+45.89%Strong Buy
DINO$41.32$56.83+37.54%Buy
VVV$38.83$41.33+6.45%Strong Buy
View Top Oil & Gas Refining & Marketing Stocks

Phillips 66 Stock Forecast FAQ

Is Phillips 66 Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: PSX) stock is to Buy PSX stock.

Out of 8 analysts, 3 (37.5%) are recommending PSX as a Strong Buy, 3 (37.5%) are recommending PSX as a Buy, 2 (25%) are recommending PSX as a Hold, 0 (0%) are recommending PSX as a Sell, and 0 (0%) are recommending PSX as a Strong Sell.

If you're new to stock investing, here's how to buy Phillips 66 stock.

What is PSX's forecast return on equity (ROE) for 2023-2024?

(NYSE: PSX) forecast ROE is 10.83%, which is considered weak.

What is PSX's Price Target?

According to 8 Wall Street analysts that have issued a 1 year PSX price target, the average PSX price target is $123.00, with the highest PSX stock price forecast at $135.00 and the lowest PSX stock price forecast at $106.00.

On average, Wall Street analysts predict that Phillips 66's share price could reach $123.00 by Jun 1, 2024. The average Phillips 66 stock price prediction forecasts a potential upside of 32.19% from the current PSX share price of $93.05.

What is PSX's forecast return on assets (ROA) for 2023-2024?

(NYSE: PSX) forecast ROA is 4.24%, which is higher than the forecast US Oil & Gas Refining & Marketing industry average of 4.16%.
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