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Phillips 66 has a consensus price target of $148.43 based on the ratings of 22 analysts. The high is $180 issued by B of A Securities on March 15, 2024. The low is $122 issued by Morgan Stanley on April 24, 2025. The 3 most-recent analyst ratings were released by Citigroup, JP Morgan, and Barclays on January 14, 2026, January 13, 2026, and January 12, 2026, respectively. With an average price target of $146.33 between Citigroup, JP Morgan, and Barclays, there's an implied 4.52% upside for Phillips 66 from these most-recent analyst ratings.
1calculated from analyst ratings
| Buy Now | Get Alert | ||||||
|---|---|---|---|---|---|---|---|
| 01/14/2026 | Buy Now | 4.28% | Citigroup | $137 → $146 | Maintains | Neutral | Get Alert |
| 01/13/2026 | Buy Now | 7.85% | JP Morgan | $154 → $151 | Maintains | Overweight | Get Alert |
| 01/12/2026 | Buy Now | 1.42% | Barclays | $141 → $142 | Maintains | Equal-Weight | Get Alert |
| 01/12/2026 | Buy Now | 9.28% | Piper Sandler | $155 → $153 | Maintains | Neutral | Get Alert |
| 01/12/2026 | Buy Now | 8.56% | Mizuho | $150 → $152 | Maintains | Neutral | Get Alert |
| 01/08/2026 | Buy Now | 10.71% | Piper Sandler | $171 → $155 | Maintains | Neutral | Get Alert |
| 01/06/2026 | Buy Now | -1.44% | Freedom Capital Markets | $138 → $138 | Downgrade | Hold → Sell | Get Alert |
| 12/12/2025 | Buy Now | 7.14% | Mizuho | $145 → $150 | Maintains | Neutral | Get Alert |
| 12/05/2025 | Buy Now | 22.13% | Piper Sandler | $170 → $171 | Maintains | Neutral | Get Alert |
| 11/17/2025 | Buy Now | 0.71% | Barclays | $132 → $141 | Maintains | Equal-Weight | Get Alert |
| 11/14/2025 | Buy Now | 21.42% | Piper Sandler | $159 → $170 | Maintains | Neutral | Get Alert |
| 11/03/2025 | Buy Now | 14.28% | UBS | $150 → $160 | Maintains | Buy | Get Alert |
| 11/03/2025 | Buy Now | -1.44% | Freedom Capital Markets | $127 → $138 | Downgrade | Buy → Hold | Get Alert |
| 10/30/2025 | Buy Now | 3.56% | TD Cowen | $140 → $145 | Maintains | Buy | Get Alert |
| 10/30/2025 | Buy Now | 15.71% | Wells Fargo | $154 → $162 | Maintains | Overweight | Get Alert |
| 10/30/2025 | Buy Now | 13.56% | Piper Sandler | $155 → $159 | Maintains | Neutral | Get Alert |
| 10/17/2025 | Buy Now | 7.14% | Raymond James | $145 → $150 | Reiterates | Outperform → Outperform | Get Alert |
| 10/17/2025 | Buy Now | 9.99% | Wells Fargo | → $154 | Initiates | → Overweight | Get Alert |
| 10/10/2025 | Buy Now | -2.15% | Jefferies | $133 → $137 | Maintains | Hold | Get Alert |
| 10/07/2025 | Buy Now | -5.72% | Barclays | $127 → $132 | Maintains | Equal-Weight | Get Alert |
| 10/03/2025 | Buy Now | -0.01% | Morgan Stanley | $128 → $140 | Maintains | Equal-Weight | Get Alert |
| 09/29/2025 | Buy Now | 10.71% | Piper Sandler | $154 → $155 | Maintains | Neutral | Get Alert |
| 09/22/2025 | Buy Now | 7.14% | UBS | $143 → $150 | Maintains | Buy | Get Alert |
| 09/19/2025 | Buy Now | 21.42% | Evercore ISI Group | $130 → $170 | Maintains | Outperform | Get Alert |
| 09/15/2025 | Buy Now | 1.42% | Mizuho | $140 → $142 | Maintains | Neutral | Get Alert |
| 09/11/2025 | Buy Now | 9.99% | Piper Sandler | $144 → $154 | Maintains | Neutral | Get Alert |
| 09/09/2025 | Buy Now | 3.56% | Raymond James | $142 → $145 | Maintains | Outperform | Get Alert |
| 09/03/2025 | Buy Now | 4.99% | B of A Securities | $144 → $147 | Downgrade | Buy → Neutral | Get Alert |
| 08/04/2025 | Buy Now | 3.56% | Piper Sandler | $144 → $145 | Maintains | Neutral | Get Alert |
| 07/28/2025 | Buy Now | 2.14% | UBS | $141 → $143 | Maintains | Buy | Get Alert |
| 07/28/2025 | Buy Now | 2.85% | Piper Sandler | $147 → $144 | Maintains | Neutral | Get Alert |
| 07/22/2025 | Buy Now | 4.99% | Piper Sandler | $148 → $147 | Maintains | Neutral | Get Alert |
| 07/16/2025 | Buy Now | -8.58% | Morgan Stanley | $122 → $128 | Maintains | Equal-Weight | Get Alert |
| 07/16/2025 | Buy Now | -7.15% | Citigroup | $126 → $130 | Downgrade | Buy → Neutral | Get Alert |
| 07/15/2025 | Buy Now | 1.42% | Raymond James | $135 → $142 | Maintains | Outperform | Get Alert |
| 07/11/2025 | Buy Now | -5.01% | Scotiabank | → $133 | Downgrade | Sector Outperform → Sector Perform | Get Alert |
| 07/10/2025 | Buy Now | 5.71% | Piper Sandler | $131 → $148 | Maintains | Neutral | Get Alert |
| 07/09/2025 | Buy Now | -9.29% | Barclays | $115 → $127 | Maintains | Equal-Weight | Get Alert |
| 06/18/2025 | Buy Now | -7.15% | Evercore ISI Group | → $130 | Initiates | → Outperform | Get Alert |
| 06/11/2025 | Buy Now | 4.99% | Wells Fargo | $149 → $147 | Maintains | Overweight | Get Alert |
| 05/13/2025 | Buy Now | -1.44% | Mizuho | $132 → $138 | Maintains | Neutral | Get Alert |
| 05/12/2025 | Buy Now | -17.86% | Barclays | $106 → $115 | Maintains | Equal-Weight | Get Alert |
| 04/29/2025 | Buy Now | -6.44% | JP Morgan | $138 → $131 | Maintains | Overweight | Get Alert |
| 04/28/2025 | Buy Now | -0.01% | UBS | $144 → $140 | Maintains | Buy | Get Alert |
| 04/28/2025 | Buy Now | 6.42% | Wells Fargo | $162 → $149 | Maintains | Overweight | Get Alert |
| 04/24/2025 | Buy Now | -12.86% | Morgan Stanley | $140 → $122 | Maintains | Equal-Weight | Get Alert |
| 04/11/2025 | Buy Now | -5.01% | Scotiabank | $136 → $133 | Maintains | Sector Outperform | Get Alert |
| 04/10/2025 | Buy Now | -24.29% | Barclays | $135 → $106 | Maintains | Equal-Weight | Get Alert |
| 04/09/2025 | Buy Now | -0.01% | Raymond James | $150 → $140 | Maintains | Outperform | Get Alert |
| 04/09/2025 | Buy Now | -5.72% | Mizuho | $140 → $132 | Maintains | Neutral | Get Alert |
| 03/27/2025 | Buy Now | -5.72% | Goldman Sachs | $132 → $132 | Downgrade | Buy → Neutral | Get Alert |
| 03/14/2025 | Buy Now | -3.58% | Barclays | $115 → $135 | Maintains | Equal-Weight | Get Alert |
| 02/03/2025 | Buy Now | 15.71% | Wells Fargo | $161 → $162 | Maintains | Overweight | Get Alert |
| 01/13/2025 | Buy Now | -17.86% | Barclays | $124 → $115 | Maintains | Equal-Weight | Get Alert |
| 01/03/2025 | Buy Now | — | Wolfe Research | — | Upgrade | Peer Perform → Outperform | Get Alert |
| 12/16/2024 | Buy Now | 4.99% | Mizuho | $150 → $147 | Maintains | Neutral | Get Alert |
| 12/10/2024 | Buy Now | -0.01% | JP Morgan | $141 → $140 | Maintains | Overweight | Get Alert |
| 12/09/2024 | Buy Now | 14.99% | Wells Fargo | $167 → $161 | Maintains | Overweight | Get Alert |
| 11/11/2024 | Buy Now | -11.43% | Barclays | $133 → $124 | Maintains | Equal-Weight | Get Alert |
| 11/04/2024 | Buy Now | -1.44% | UBS | $150 → $138 | Maintains | Buy | Get Alert |
| 10/17/2024 | Buy Now | 11.42% | B of A Securities | → $156 | Reinstates | → Buy | Get Alert |
| 10/10/2024 | Buy Now | -2.86% | Scotiabank | $145 → $136 | Maintains | Sector Outperform | Get Alert |
| 10/09/2024 | Buy Now | 19.28% | Wells Fargo | $182 → $167 | Maintains | Overweight | Get Alert |
| 10/08/2024 | Buy Now | -5.01% | Barclays | $138 → $133 | Maintains | Equal-Weight | Get Alert |
| 10/08/2024 | Buy Now | 2.85% | Piper Sandler | $136 → $144 | Maintains | Overweight | Get Alert |
| 10/02/2024 | Buy Now | 0.71% | JP Morgan | $160 → $141 | Maintains | Overweight | Get Alert |
| 09/20/2024 | Buy Now | -2.86% | Piper Sandler | $151 → $136 | Maintains | Overweight | Get Alert |
| 09/16/2024 | Buy Now | 2.85% | Morgan Stanley | $150 → $144 | Maintains | Equal-Weight | Get Alert |
| 09/16/2024 | Buy Now | 7.14% | Mizuho | $154 → $150 | Maintains | Neutral | Get Alert |
| 09/11/2024 | Buy Now | 7.14% | TD Cowen | $162 → $150 | Maintains | Buy | Get Alert |
| 09/03/2024 | Buy Now | 29.99% | Wells Fargo | $176 → $182 | Maintains | Overweight | Get Alert |
| 08/05/2024 | Buy Now | -1.44% | Barclays | $136 → $138 | Maintains | Equal-Weight | Get Alert |
| 07/31/2024 | Buy Now | 15.71% | TD Cowen | $155 → $162 | Maintains | Buy | Get Alert |
| 07/31/2024 | Buy Now | 10.71% | Raymond James | $150 → $155 | Maintains | Outperform | Get Alert |
| 07/31/2024 | Buy Now | 25.71% | Wells Fargo | $180 → $176 | Maintains | Overweight | Get Alert |
| 07/18/2024 | Buy Now | — | Wolfe Research | — | Reinstates | → Peer Perform | Get Alert |
| 07/12/2024 | Buy Now | 3.56% | Scotiabank | $156 → $145 | Maintains | Sector Outperform | Get Alert |
| 07/09/2024 | Buy Now | -2.86% | Barclays | $142 → $136 | Maintains | Equal-Weight | Get Alert |
| 07/02/2024 | Buy Now | 15.71% | JP Morgan | $165 → $162 | Maintains | Overweight | Get Alert |
| 07/01/2024 | Buy Now | 1.42% | Barclays | $147 → $142 | Maintains | Equal-Weight | Get Alert |
| 06/21/2024 | Buy Now | 10.71% | TD Cowen | $164 → $155 | Maintains | Buy | Get Alert |
| 06/20/2024 | Buy Now | 14.28% | Mizuho | $162 → $160 | Maintains | Neutral | Get Alert |
| 06/14/2024 | Buy Now | 7.85% | Piper Sandler | $170 → $151 | Maintains | Overweight | Get Alert |
| 05/30/2024 | Buy Now | 19.28% | Argus Research | $167 → $167 | Reiterates | Buy → Buy | Get Alert |
| 05/30/2024 | Buy Now | 14.28% | Raymond James | $163 → $160 | Maintains | Outperform | Get Alert |
| 05/14/2024 | Buy Now | 21.42% | Piper Sandler | $187 → $170 | Maintains | Overweight | Get Alert |
| 04/30/2024 | Buy Now | 4.99% | Barclays | $155 → $147 | Maintains | Equal-Weight | Get Alert |
| 04/18/2024 | Buy Now | 10.71% | Barclays | $139 → $155 | Maintains | Equal-Weight | Get Alert |
| 04/12/2024 | Buy Now | 15.71% | Mizuho | $167 → $162 | Maintains | Neutral | Get Alert |
| 04/11/2024 | Buy Now | 11.42% | Scotiabank | $148 → $156 | Maintains | Sector Outperform | Get Alert |
| 04/08/2024 | Buy Now | 36.42% | Wells Fargo | $179 → $191 | Maintains | Overweight | Get Alert |
| 04/05/2024 | Buy Now | 33.56% | Piper Sandler | $169 → $187 | Maintains | Overweight | Get Alert |
| 04/01/2024 | Buy Now | 19.28% | JP Morgan | $149 → $167 | Maintains | Overweight | Get Alert |
| 03/22/2024 | Buy Now | 24.28% | Goldman Sachs | $152 → $174 | Maintains | Buy | Get Alert |
| 03/22/2024 | Buy Now | 19.28% | Mizuho | $135 → $167 | Maintains | Neutral | Get Alert |
| 03/20/2024 | Buy Now | 27.85% | Wells Fargo | $163 → $179 | Maintains | Overweight | Get Alert |
| 03/15/2024 | Buy Now | 28.56% | B of A Securities | $150 → $180 | Maintains | Neutral | Get Alert |
| 03/08/2024 | Buy Now | 20.71% | Piper Sandler | $165 → $169 | Maintains | Overweight | Get Alert |
| 02/05/2024 | Buy Now | -0.72% | Barclays | $132 → $139 | Maintains | Equal-Weight | Get Alert |
| 02/01/2024 | Buy Now | 16.42% | Wells Fargo | $151 → $163 | Maintains | Overweight | Get Alert |
The latest price target for Phillips 66 (NYSE:PSX) was reported by Citigroup on January 14, 2026. The analyst firm set a price target for $146.00 expecting PSX to rise to within 12 months (a possible 4.28% upside). 53 analyst firms have reported ratings in the last year.
The latest analyst rating for Phillips 66 (NYSE:PSX) was provided by Citigroup, and Phillips 66 maintained their neutral rating.
The last upgrade for Phillips 66 happened on January 3, 2025 when Wolfe Research raised their price target to N/A. Wolfe Research previously had a peer perform for Phillips 66.
The last downgrade for Phillips 66 happened on January 6, 2026 when Freedom Capital Markets changed their price target from $138 to $138 for Phillips 66.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Phillips 66, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Phillips 66 was filed on January 14, 2026 so you should expect the next rating to be made available sometime around January 14, 2027.
While ratings are subjective and will change, the latest Phillips 66 (PSX) rating was a maintained with a price target of $137.00 to $146.00. The current price Phillips 66 (PSX) is trading at is $140.01, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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