Phillips 66 stock: Raymond James raises target to USD 335.00

Published on 10/21/2026 at 17:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Raymond James set a USD 335.00 target on October 19, 2026. Phillips 66 stock costs EUR 257.80 on October 21, 2026, down 0.35 percent versus EUR 258.70.

Analyst target and reporting date

Raymond James raised its Phillips 66 target from USD 300.00 to USD 335.00 on October 19, 2026.
Phillips 66 is scheduled to report third-quarter 2026 results on October 28, 2026, before the market opens.
Phillips 66 stock costs EUR 257.80 at Lang & Schwarz on October 21, 2026 at 5:38 p.m. CEST, 0.35 percent below the German close of October 20, 2026.
The company generated USD 51.00 billion in revenue and USD 9.55 diluted earnings per share in the second quarter of 2026.

Geometrisches Bauhaus-Poster mit dem Schriftzug ENERGY und stilisierten Industriemotiven in Rot Blau Ocker — Phillips 66 (US7185461040) inspiriert dieses geometrische Bauhaus-Poster mit dem Wort ENERGY und Industriemotiven, Illustration mit AI erstellt.

Raymond James raised its Phillips 66 price target from USD 300.00 to USD 335.00 on October 19, 2026, while keeping an Outperform rating, Markets Insider reported. Phillips 66 stock was trading at EUR 257.80 at Lang & Schwarz on October 21, 2026 at 5:38 p.m. CEST, down 0.35 percent versus the German close of October 20, 2026 at EUR 258.70.

Results date sets the next test

Phillips 66 is scheduled to publish its third-quarter 2026 results before the market opens on October 28, 2026. The date and consensus figures were reported by El Fondo, which cited expectations of USD 12.07 earnings per share and USD 43.00 billion in revenue.

The estimates give investors two benchmarks for the release. Phillips 66 reported USD 51.00 billion in revenue, USD 3.879 billion in net income and USD 9.55 diluted earnings per share for the second quarter of 2026, according to the company's reported financial data.

Stock stays below the yearly high

Phillips 66 traded at USD 289.43 on the NYSE on October 21, 2026 at 11:39 a.m. EDT. Its USD 127.16 to USD 299.39 52-week range places the latest home-market price 3.33 percent below the high, while the euro quotation remains below its October 20 German close.

Phillips 66's market capitalization was USD 116.0 billion on October 21, 2026. The company operates refining, midstream, chemicals, marketing and renewable fuels businesses, with the corporate website listing those five areas.

Margin comparison sharpens the earnings question

What does the upcoming report need to confirm? Phillips 66's worldwide refining margin reached USD 24.08 per barrel in the second quarter of 2026, compared with USD 10.11 in the first quarter, according to Borse Express. That comparison makes refining performance the clearest operating figure to test against the third-quarter consensus.

Raymond James is not the only recent analyst reference. Wells Fargo raised its target from USD 335.00 to USD 345.00 on October 14, 2026 and retained an Overweight rating, Markets Insider reported.

Phillips 66 price and dates

The October 28 results date is the next scheduled corporate event. The market's immediate reference points are the USD 335.00 Raymond James target, the USD 345.00 Wells Fargo target and the company's second-quarter refining margin of USD 24.08 per barrel.

Market position in brief

Phillips 66 combines a USD 116.0 billion market value with a second-quarter revenue base of USD 51.00 billion. The current euro quote is 0.35 percent below the October 20 German close, while the NYSE price is 3.33 percent below its 52-week high.

Phillips 66 was trading at EUR 257.80 at Lang & Schwarz on October 21, 2026 at 5:38 p.m. CEST, 0.35 percent below the German close of October 20, 2026 at EUR 258.70. The further course of trading is shown by the continuously updated real-time quote of Phillips 66 stock.