Phillips 66 Stock Forecast for 2023 - 2025 - 2030

Updated on 03/22/2023

Stock Rating
7
Price Target
$123.00
Consensus
Outperform
Upside
28.57%
Analysts
11
Stock Rating
7
Upside
28.57%
Analysts
11
Price Target
$123.00

Phillips 66 Stock Forecast and Price Target

Given the average yearlong price target of $123.00 provided by eleven prominent analysts over the past few months, there is a potential upside of approximately 28.57% from the last closing price in March, 2023 for Phillips 66's stock if it is reached. This estimation is based on a high estimate of $141.00 and a low estimate of $102.00. If you want to invest in PSX stock, you might also want to take a look at how its competitors are doing.

$123.00

28.57% Upside

Outperform
Outperform

Phillips 66 Fair Value Forecast for 2023 - 2025 - 2030

In the last two years, Phillips 66's Price has fallen from $53.85 to $38.13 – a 29.19% decrease. For the next year, analysts predict that Fair Value will reach $63.22 – an increase of 65.79%. Over the next eight years, experts believe that Phillips 66's Fair Value will grow at a rate of 62.15%.

2023 Fair Value Forecast
$63.22
2024 Fair Value Forecast
$69.17
2025 Fair Value Forecast
$69.04
2026 Fair Value Forecast
$62.75
2027 Fair Value Forecast
$48.50
2028 Fair Value Forecast
$54.90
2029 Fair Value Forecast
$59.98
2030 Fair Value Forecast
$61.83
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
XOM Stock Forecast Exxon Mobil Corp Outperform 4
$107.08 $119.84 13.93%
CVX Stock Forecast Chevron Corp Outperform 3
$159.31 $189.36 21.15%
COP Stock Forecast ConocoPhillips Outperform 5
$99.71 $134.26 40.41%
857 Stock Forecast PetroChina Company Outperform 9
HK$3.59 HK$4.40 23.40%
ENB Stock Forecast Enbridge Outperform 6
C$50.85 C$58.00 12.09%

Phillips 66 Revenue Forecast for 2023 - 2025 - 2030

In the last two years, Phillips 66's Revenue has grown by 3.90%, rising from $107.29B to $111.48B. For the next year, analysts predict that Revenue will reach $145.38B – an increase of 30.42%. Over the next eight years, experts believe that Phillips 66's Revenue will grow at a rate of 2.88%.

2023 Rev Forecast
$145.38B
2024 Rev Forecast
$130.83B
2025 Rev Forecast
$125.91B
2026 Rev Forecast
$103.65B
2027 Rev Forecast
$109.44B
2028 Rev Forecast
$116.77B
2029 Rev Forecast
$120.63B
2030 Rev Forecast
$114.69B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
EOG Stock Forecast EOG Resources Outperform 10
$108.66 $155.97 44.03%
DUK Stock Forecast Duke Energy Corp Hold 7
$94.80 $104.76 13.92%
PETR4 Stock Forecast Petróleo Brasileiro S.A. - Pe... Hold 18
R$23.40 R$32.32 45.30%

Phillips 66 Dividend per Share Forecast for 2023 - 2025 - 2030

In the last two years, Phillips 66's Dividend per Share has grown, moving from $3.50 to $3.62 – an increase of 3.43%. In the next year, analysts predict that Dividend per Share will jump to $3.91 – up 8.01% from the current level. Looking ahead to eight years, experts forecast that Dividend per Share will grow by 49.01%.

2023 DPS Forecast
$3.91
2024 DPS Forecast
$4.12
2025 DPS Forecast
$4.52
2026 DPS Forecast
$5.51
2027 DPS Forecast
$6.49
2028 DPS Forecast
$5.58
2029 DPS Forecast
$5.27
2030 DPS Forecast
$5.39
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
OXY Stock Forecast Occidental Petroleum Outperform 8
$60.26 $74.38 19.48%
MPC Stock Forecast Marathon Petroleum Outperform 6
$128.29 $139.88 4.45%
D Stock Forecast Dominion Energy Hold 14
$54.12 $70.25 23.80%

Phillips 66 Free Cash Flow Forecast for 2023 - 2025 - 2030

Phillips 66's Free Cash Flow has seen growth In the last two years, going from $935.00M to $4.16B – a gain of 344.60% In the next year, analysts believe that Free Cash Flow will reach $4.54B – an increase of 9.27%. According to professional forecasts, in 2030, Phillips 66's Free Cash Flow will decrease by 14.73%, reaching $3.54B.

2023 FCF Forecast
$4.54B
2024 FCF Forecast
$4.20B
2025 FCF Forecast
$3.25B
2026 FCF Forecast
$3.28B
2027 FCF Forecast
$3.68B
2028 FCF Forecast
$3.89B
2029 FCF Forecast
$3.67B
2030 FCF Forecast
$3.54B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
BAS Stock Forecast BASF Hold 11
46.17€ 53.50€ 19.12%
VLO Stock Forecast Valero Energy Outperform 10
$132.19 $154.72 18.39%
SRE Stock Forecast Sempra Energy Outperform 16
$145.73 $169.86 18.37%

Phillips 66 Net Income Forecast for 2023 - 2025 - 2030

In the last two years, Phillips 66's Net Income has seen a drop from $3.08B to $1.32B – a 57.18% decrease. Analysts predict that Phillips 66's Net Income will increase in the upcoming year, reaching $4.46B. This would represent an increase of 238.36%. Over the next eight years, experts predict that Phillips 66's Net Income will grow at a rate of 207.59%.

2023 NI Forecast
$4.46B
2024 NI Forecast
$4.52B
2025 NI Forecast
$4.53B
2026 NI Forecast
$4.06B
2027 NI Forecast
$3.33B
2028 NI Forecast
$3.70B
2029 NI Forecast
$3.99B
2030 NI Forecast
$4.05B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
HES Stock Forecast Hess Corp Outperform 14
$126.09 $157.46 22.93%
KMI Stock Forecast Kinder Morgan Inc-DE Hold 12
$16.82 $20.02 15.93%
SU Stock Forecast Suncor Energy Outperform 13
C$41.74 C$36.74 26.98%

Phillips 66 EBITDA Forecast for 2023 - 2025 - 2030

In the last two years, Phillips 66's EBITDA has fallen from $4.61B to $2.17B – a 52.97% decrease. In the coming year, analysts are expecting an increase in EBITDA, predicting it will reach $8.07B – an increase of 272.35%. Over the next eight years, experts anticipate that EBITDA growth for Phillips 66 will be 241.15%.

2023 EBITDA Forecast
$8.07B
2024 EBITDA Forecast
$8.18B
2025 EBITDA Forecast
$7.79B
2026 EBITDA Forecast
$7.25B
2027 EBITDA Forecast
$6.86B
2028 EBITDA Forecast
$7.28B
2029 EBITDA Forecast
$7.46B
2030 EBITDA Forecast
$7.40B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
TRP Stock Forecast TC Energy Outperform 17
C$52.30 C$68.70 39.58%
WMB Stock Forecast The Williams Companies Outperform 15
$29.18 $37.31 30.23%
XEL Stock Forecast Xcel Energy Outperform 17
$65.50 $72.36 13.74%

Phillips 66 EBIT Forecast for 2023 - 2025 - 2030

In the last two years, Phillips 66's EBIT has decreased from $3.27B to $633.00M – a 80.64% drop. In the next year, analysts predict that EBIT will reach $6.44B – an increase of 916.85%. For the next eight years, the forecast is for EBIT to grow by 1022.50%.

2023 EBIT Forecast
$6.44B
2024 EBIT Forecast
$6.82B
2025 EBIT Forecast
$6.57B
2026 EBIT Forecast
$6.52B
2027 EBIT Forecast
$8.07B
2028 EBIT Forecast
$7.68B
2029 EBIT Forecast
$7.34B
2030 EBIT Forecast
$7.11B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
ET Stock Forecast Energy Transfer LP Buy 18
$12.11 $16.81 36.25%
HAL Stock Forecast Halliburton Co Buy 17
$31.96 $45.23 53.32%
DD Stock Forecast DuPont de Nemours Outperform 17
$69.67 $80.32 14.83%

Phillips 66 EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last two years, Phillips 66's EPS has fallen from $8.05 to $5.70 – a 29.19% decrease. For the next year, analysts predict that EPS will reach $9.45 – an increase of 65.79%. Over the next eight years, experts believe that Phillips 66's EPS will grow at a rate of 62.15%.

2023 EPS Forecast
$9.45
2024 EPS Forecast
$10.34
2025 EPS Forecast
$10.32
2026 EPS Forecast
$9.38
2027 EPS Forecast
$7.25
2028 EPS Forecast
$8.21
2029 EPS Forecast
$8.97
2030 EPS Forecast
$9.24
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
LNG Stock Forecast Cheniere Energy Buy 11
$148.95 $200.38 36.29%
MPLX Stock Forecast MPLX LP Outperform 17
$34.02 $38.14 8.76%
PCG Stock Forecast PG&E Outperform 12
$15.97 $18.23 18.97%