BofA raises target for Phillips 66 stock from USD 265 to USD 303
Published on 10/27/2026 at 16:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and earnings date
- BofA raised its Phillips 66 target from USD 265.00 to USD 303.00 on October 21, 2026.
- Second-quarter 2026 revenue reached USD 52.04 billion, up 55.30 percent year over year.
- Phillips 66 stock costs EUR 242.45 at Lang & Schwarz on October 27, 2026 at 4:43 p.m. CEST.
- Phillips 66 is scheduled to report third-quarter 2026 results on October 28, 2026.
Phillips 66 is scheduled to report third-quarter 2026 results on October 28, 2026, while BofA raised its price target from USD 265.00 to USD 303.00 on October 21, 2026, according to Markets Insider. The stock costs EUR 242.45 at Lang & Schwarz on October 27, 2026 at 4:43 p.m. CEST.
Analyst target reaches USD 303
BofA kept a Neutral rating while lifting its target by USD 38.00. The change followed an assessment that third-quarter oil prices had declined 7.00 percent, while refining margins and global natural gas prices had risen 60.00 percent and 38.00 percent, respectively, according to the same Markets Insider report.
Second-quarter earnings set the scale
Phillips 66 reported USD 52.04 billion in revenue and other income for the second quarter of 2026, up 55.30 percent from the same quarter a year earlier. Net income attributable to Phillips 66 reached USD 3.85 billion, compared with USD 877.00 million a year earlier, while diluted earnings per share came to USD 9.55, according to TickerScout.
What does October 28 mean?
The next report will test whether the second-quarter earnings level carried into the third quarter. Simply Wall St lists October 28, 2026 as the next reporting date. Phillips 66 operates across refining, midstream, chemicals, marketing and renewable fuels.
Valuation beside refiners
Phillips 66 has a market capitalization of USD 108.3 billion and a P/E ratio of 15.39 as of October 27, 2026. Valero Energy had a market capitalization of USD 113.7 billion and a P/E ratio of 8.89, while Marathon Petroleum stood at USD 124.0 billion and a P/E ratio of 15.20. Both peers are listed on the NYSE.
Price remains the daily marker
The Lang & Schwarz quote places Phillips 66 at EUR 242.45 on October 27, 2026 at 4:43 p.m. CEST. The primary listing is on the NYSE, where the stock was quoted at USD 270.12 on October 27, 2026 at 11:52 a.m. ET.
The further course of trading is shown by the continuously updated real-time quote of Phillips 66 stock.
Phillips 66 stock at a glance
- Company: Phillips 66
- ISIN: US7185461040
- Ticker: PSX
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 27, 2026, 4:43 p.m. CEST): EUR 242.45
- Market capitalization: USD 108.3 billion (as of October 27, 2026)
- 52-week range: USD 127.16-299.39 (as of October 27, 2026)
- Sector / Industry: Energy / Oil and Gas Refining and Marketing
- Next earnings date: October 28, 2026
Market context: Market report S&P 500.
