Filing Flows › Phillips 66 (PSX) › Stock forecast & fair value
Phillips 66 (PSX) stock forecast and fair value
Phillips 66 (PSX) trades at $245.72. 19 analysts' median price target is $297.00 (+21%), from $188.00 to $350.00. Across 23 valuation methods the middle fair value is $292.37 (+19%).
Fair value by method
| Method | Low | Point | High | vs price |
|---|---|---|---|---|
| P/E vs peers | $235.31 | $314.22 | $443.42 | +28% |
| P/E vs peers, weighted | $314.76 | $454.87 | $605.28 | +85% |
| P/E vs peers, matched | $235.31 | $281.31 | $409.58 | +14% |
| EV/Sales vs peers | $159.15 | $252.62 | $412.56 | +3% |
| EV/Sales vs peers, weighted | $196.47 | $331.24 | $787.41 | +35% |
| EV/Sales vs peers, matched | $254.27 | $356.69 | $681.33 | +45% |
| Residual income | $193.53 | $201.16 | $209.25 | -18% |
| Sum of the parts (segments × peer EV/Sales) | $303.44 | $542.68 | $825.74 | +121% |
| Sum of the parts, weighted (segments × weighted peer EV/Sales) | $279.89 | $546.85 | $1,057.24 | +123% |
| Analysts' price targets | $188.00 | $292.37 | $350.00 | +19% |
Phillips 66's latest quarter
Phillips 66, Q3 2026: revenue $50.5B (+46% year over year), operating margin 14.1%, net earnings $5.6B, operating cash flow $7.3B. The chart follows the revenue to costs, profit and cash.
Questions
What is the price target for PSX stock?
The median of 19 analysts' 12-month targets is $297.00, +21% from $245.72; the range is $188.00 to $350.00. The average rating is buy.
What is Phillips 66's fair value?
The fair-value methods on Filing Flows (DCF, Monte Carlo, peer multiples and others) put it between $111.32 and $641.50, with a middle value of $292.37 against a price of $245.72. Each method's assumptions are on the page.
Does Phillips 66 usually beat earnings estimates?
It beat the consensus EPS estimate in 100% of the quarters on record.
Is PSX stock a buy?
Filing Flows does not give advice. It shows what analysts expect, what each valuation method implies and the figures behind them, read from SEC filings, so you can judge for yourself.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.