Wells Fargo lifts Phillips 66 stock target to USD 345.00

Published on 10/16/2026 at 15:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 28, 2026. Phillips 66 stock costs EUR 258.65 on October 16, 2026, up 1.11 percent versus the Tradegate close.

Analyst target and reporting date

Wells Fargo analyst Sam Margolin raised the target to USD 345.00 on October 14, 2026.
Phillips 66 will release third-quarter results on October 28, 2026.
Phillips 66 stock costs EUR 258.65 at Lang & Schwarz on October 16, 2026 at 3:01 p.m. CEST, 1.11 percent above the Tradegate close of October 15, 2026.
Phillips 66 had a price-to-earnings ratio of 16.48 as of October 15, 2026.

Börsen-Editorialfoto vom NYSE-Handelsparkett mit Energiesektor-Charts und dem Kürzel PSX — Phillips 66 (US7185461040) wird hier am NYSE-Handelsparkett mit Energie-Charts und PSX-Kürzel dargestellt, Illustration mit AI erstellt.

Wells Fargo analyst Sam Margolin raised the Phillips 66 target from USD 335.00 to USD 345.00 and kept an Overweight rating on October 14, 2026, according to Markets Insider. The new target is 19.32 percent above the latest NYSE price of USD 289.20 on October 15, 2026. Phillips 66 stock was trading at EUR 258.65 at Lang & Schwarz on October 16, 2026 at 3:01 p.m. CEST, up 1.11 percent versus the Tradegate close of October 15, 2026.

October 28 results are next

Phillips 66 will release its third-quarter 2026 results on October 28, 2026, and management will host a webcast at noon ET. The date and schedule were announced in a Phillips 66 release carried by Yahoo Finance. For investors, the next report is the clearest near-term test of the assumptions behind the elevated analyst targets.

Price sits below the yearly high

The NYSE price of USD 289.20 on October 15, 2026 stood 2.77 percent below the 52-week high of USD 297.42 and 127.15 percent above the 52-week low of USD 126.92. Trading volume was 2,455,563 shares, compared with an average volume of 2,818,775 shares on the same date. The move places Phillips 66 near the upper end of its yearly range, while the German euro quotation remains the relevant price for this report.

Valuation and market scale

Phillips 66 had a market capitalization of USD 116.0 billion, a price-to-earnings ratio of 16.48 and a dividend yield of 2.00 percent as of October 15, 2026. Wells Fargo's USD 345.00 target provides the clearest dated valuation marker in the recent analyst updates, but its report also cited concern about the duration of crude and refined-product market conditions.

Comparison with peers

Phillips 66 (NYSE, USD): plus 1.11 percent, P/E 16.48, market capitalization USD 116.0 billion.
Valero Energy (NYSE, USD): minus 3.42 percent, P/E 18.42, market capitalization USD 127.9 billion.
Marathon Petroleum (NYSE, USD): minus 1.65 percent, P/E 16.42, market capitalization USD 133.9 billion.

Euro price and upcoming date

The euro quotation gained 1.11 percent against the Tradegate close of October 15, 2026, while the next scheduled company date is October 28, 2026. The contrast between the current euro quotation and the weaker October 15 moves shown for the two peers gives the daily comparison a clear market dimension.

Phillips 66 stock was trading at EUR 258.65 at Lang & Schwarz on October 16, 2026 at 3:01 p.m. CEST, 1.11 percent above the Tradegate close of October 15, 2026 at EUR 255.80. The further course of trading is shown by the continuously updated real-time quote of Phillips 66 stock.