Should I buy Phillips 66 (PSX) stock or is it too late?
⭐ The most reliable of them, either direction: Goldman Sachs — 67% of its targets hit on this sector (129 calls tested). It aims for $274 (-6.4 %), call made on October 2, 2026, maturing on October 2, 2027 (12 d ago).
Firm-by-firm track record on Phillips 66
| Firm | % right | Gain vs sector | Calls | Aims for |
|---|---|---|---|---|
| UBS | 100 % | +48.6 % | 9 | $300 +2% |
| Morgan Stanley | 86 % | +29.8 % | 7 | $284 -3% |
| Goldman Sachs | 80 % | +17.4 % | 10 | $274 -6% |
| Wells Fargo | 64 % | +14.5 % | 28 | $335 +14% |
| Raymond James | 65 % | +11.9 % | 34 | $300 +2% |
| Piper Sandler | 68 % | +10.8 % | 19 | $264 -10% |
| Barclays | 60 % | +9.2 % | 20 | $282 -4% |
| JP Morgan | 50 % | +8.6 % | 16 | $151 -48% |
✅ Reasons to believe
- Pays a dividend (2.8% yield), raised for 13 years — regular income on top of potential upside.
- Reasonable valuation (P/E ~17) relative to its sector.
⚠️ Reasons to hesitate
- Even the most reliable firm on PSX, Evercore ISI Group (100% hit rate, 2 scored calls), only targets $250 (call made on October 12, 2026, maturing on October 12, 2027) (-15%) in its most recent call, and $200 (call made on July 13, 2026, maturing on July 13, 2027) (-32%) in the one coming due soonest. The stock may already have run past its target.
- The consensus is not unanimous: of 14 ratings, 7 are neutral.
- Limited upside: the median target is only -3% from the current price.
- A 12-month target is not a guaranteed path: the price can fall in the meantime.
- Volatile stock: sharp swings — including steep drops — are part of its profile.
The analyst consensus on PSX
Median target $284 (-3%) · 14 ratings · Buy consensus
⚠️ Information, not investment advice. Past performance does not guarantee future results. Analyst targets on a ~12-month horizon.
Frequently asked questions
Should you invest in Phillips 66 now?
We won't decide for you. The facts: 50% of analysts rate it a buy, median target $284 (-3%), and Evercore ISI Group (most reliable on PSX, 100%) targets $250. Weigh that against valuation (P/E ~17) and volatility. This is not personalized advice.
Is it too late to invest in Phillips 66?
The stated upside is small: the median target ($284) sits just -3% from the price ($293) (most reliable on PSX: Evercore ISI Group, 100%). The real question isn't "too late" but the price-to-value gap and risk. Not advice.
Is Phillips 66 still worth investing in?
It depends on the gap between the price ($293) and its estimated value: analysts target $284 on median (-3%), with 50% buys (most reliable on PSX: Evercore ISI Group, 100%). Cross-check with their real reliability on PSX and the cautions above. Information, not advice.
What's the main risk in buying PSX?
Even the most reliable firm on PSX, Evercore ISI Group (100% hit rate, 2 scored calls), only targets $250 (call made on October 12, 2026, maturing on October 12, 2027) (-15%) in its most recent call, and $200 (call made on July 13, 2026, maturing on July 13, 2027) (-32%) in the one coming due soonest. The stock may already have run past its target.
→ Go deeper: the full Phillips 66 profile (consensus, analyst reliability, price target, performance).