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

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Analyst price target for PSX

Based on 10 analysts offering 12 month price targets for Phillips 66.
Min Forecast
$78.00+2.65%
Avg Forecast
$109.80+44.49%
Max Forecast
$132.00+73.71%

Should I buy or sell PSX stock?

Based on 11 analysts offering ratings for Phillips 66.
Buy
Strong Buy
4 analysts 36.36%
Buy
4 analysts 36.36%
Hold
3 analysts 27.27%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PSX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Top 6%
95
Strong BuyMaintains$123.00+61.86%2022-09-21
Wolfe Research
Bottom 7%
7
HoldDowngradesN/AN/A2022-09-15
Piper Sandler
Top 24%
77
Strong BuyMaintains$113.00+48.70%2022-09-12
Morgan Stanley
Bottom 2%
2
HoldMaintains$105.00+38.18%2022-07-15
Barclays
Top 21%
80
Strong BuyMaintains$113.00+48.70%2022-07-06Find out why
BMO Capital
Top 14%
87
BuyInitiates Coverage On$132.00+73.71%2022-06-14
Raymond James
Top 1%
100
BuyMaintains$115.00+51.34%2022-05-27
JP Morgan
Bottom 7%
7
Strong BuyMaintains$112.00+47.39%2022-05-17
RBC Capital
Top 19%
82
BuyMaintains$106.00+39.49%2022-05-03
RBC Capital
Bottom 9%
9
BuyMaintains$101.00+32.91%2022-02-01

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Forecast return on equity

Is PSX forecast to generate an efficient return?
Company
14.15%
Industry
18.45%
Market
108.79%
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
5.47%
Industry
4.61%
PSX is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PSX earnings per share forecast

What is PSX's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$15.79+35.65%
Avg 2 year Forecast
$10.74-7.73%
Avg 3 year Forecast
$7.14-38.66%
PSX's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

PSX revenue forecast

What is PSX's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$155.2B+2.76%
Avg 2 year Forecast
$133.4B-11.68%
Avg 3 year Forecast
$142.1B-5.92%
PSX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PSX earnings growth forecast

How is PSX forecast to perform vs Oil & Gas Refining & Marketing companies and vs the US market?
Company
-2.82%
Industry
-4.36%
Market
18.27%
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
-3.37%
Industry
-0.21%
Market
8.22%
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$75.99$109.80+44.49%Buy
VLO$100.57$128.33+27.61%Strong Buy
MPC$91.45$113.55+24.16%Strong Buy
DINO$49.20$56.44+14.72%Buy
CSAN$13.89$18.30+31.75%Hold

Phillips 66 Stock Forecast FAQ

Is Phillips 66 Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NYSE: PSX) stock is to Buy PSX stock.

Out of 11 analysts, 4 (36.36%) are recommending PSX as a Strong Buy, 4 (36.36%) are recommending PSX as a Buy, 3 (27.27%) 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 earnings growth forecast for 2022-2024?

(NYSE: PSX) Phillips 66's forecast annual earnings growth rate of -2.82% is forecast to beat the US Oil & Gas Refining & Marketing industry's average forecast earnings growth rate of -4.36%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.27%.

Phillips 66's earnings in 2022 is $5,424,000,000.On average, 4 Wall Street analysts forecast PSX's earnings for 2022 to be $7,595,796,822, with the lowest PSX earnings forecast at $7,100,314,192, and the highest PSX earnings forecast at $7,951,774,633. On average, 6 Wall Street analysts forecast PSX's earnings for 2023 to be $5,166,488,782, with the lowest PSX earnings forecast at $4,444,912,136, and the highest PSX earnings forecast at $6,710,662,803.

In 2024, PSX is forecast to generate $3,434,704,833 in earnings, with the lowest earnings forecast at $3,434,704,833 and the highest earnings forecast at $3,434,704,833.

What is PSX's revenue growth forecast for 2022-2024?

(NYSE: PSX) Phillips 66's forecast annual revenue growth rate of -3.37% is not forecast to beat the US Oil & Gas Refining & Marketing industry's average forecast revenue growth rate of -0.21%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.22%.

Phillips 66's revenue in 2022 is $151,071,000,000.On average, 3 Wall Street analysts forecast PSX's revenue for 2022 to be $74,676,232,583,001, with the lowest PSX revenue forecast at $68,069,211,276,597, and the highest PSX revenue forecast at $80,342,199,605,102. On average, 3 Wall Street analysts forecast PSX's revenue for 2023 to be $64,183,489,291,207, with the lowest PSX revenue forecast at $54,267,374,252,570, and the highest PSX revenue forecast at $69,802,054,981,364.

In 2024, PSX is forecast to generate $68,370,908,725,745 in revenue, with the lowest revenue forecast at $68,370,908,725,745 and the highest revenue forecast at $68,370,908,725,745.

What is PSX's forecast return on assets (ROA) for 2022-2024?

(NYSE: PSX) forecast ROA is 5.47%, which is higher than the forecast US Oil & Gas Refining & Marketing industry average of 4.61%.

What is PSX's Price Target?

According to 10 Wall Street analysts that have issued a 1 year PSX price target, the average PSX price target is $109.80, with the highest PSX stock price forecast at $132.00 and the lowest PSX stock price forecast at $78.00.

On average, Wall Street analysts predict that Phillips 66's share price could reach $109.80 by Sep 21, 2023. The average Phillips 66 stock price prediction forecasts a potential upside of 44.49% from the current PSX share price of $75.99.

What is PSX's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: PSX) Phillips 66's current Earnings Per Share (EPS) is $11.64. On average, analysts forecast that PSX's EPS will be $15.79 for 2022, with the lowest EPS forecast at $14.76, and the highest EPS forecast at $16.53. On average, analysts forecast that PSX's EPS will be $10.74 for 2023, with the lowest EPS forecast at $9.24, and the highest EPS forecast at $13.95. In 2024, PSX's EPS is forecast to hit $7.14 (min: $7.14, max: $7.14).

What is PSX's forecast return on equity (ROE) for 2022-2024?

(NYSE: PSX) forecast ROE is 14.15%, which is considered weak.
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