Phillips 66 (PSX) fair value analysis
S&P 500 · Updated 2026-10-19
PSX price how computed
Forward Fair Value verdict
UndervaluedPSX is trading at a 10–25% discount to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $278.18
- Sector
- Energy
- 12-month range
- $127.75–$297.29
- Market cap
- $111B
- From 52-week high
- -6.4%
- Shares outstanding
- 399M
- Rank in Energy by discount to fair value
- #2 of 24
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
Phillips 66 is an energy company that operates refineries, chemical plants, midstream assets, and marketing operations. The company operates facilities across the United States and internationally.
PSX currently ranks #2 of 24 Energy stocks by discount to fair value. It has screened as Undervalued for 7 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $111B
- P/E (trailing)
- 19x
- Revenue (TTM)
- $154B
- Net margin
- 4.6%
- EPS (TTM)
- $14.89
- Gross margin
- 14.4%
- Debt / equity
- 0.65
- Revenue growth (3-yr avg)
- 9.2%
- Shares outstanding
- 399M
Derived indicators how computed
- Quality grade
- F
- Margin trend
- Expanding
- 52-week position
- The top quarter of its range
- DCF cross-check
- Overvalued
Technicals how computed
- RSI (14-day)
- 62 · neutral
- 50-day average
- $255.75
- 200-day average
- $191.67
- Moving-average state
- 50-day above 200-day (golden cross state); price above both averages
Dividends how computed
- Paid, last 12 months
- $5.01 per share (4 payments)
- Yield on last price
- 1.80%
- Consecutive years of increases
- 13
- Next ex-dividend date
- 2026-11-17
- Last payment date
- 2026-09-01
Earnings how computed
- Next earnings report
- 2026-10-28 (pre-market)
- Last 8 quarters vs consensus
- 7 beat, 1 missed
- Quarter by quarter
- 2026-06 ▲ beat (+22.5%)
2026-03 ▲ beat (+225.6%)
2025-12 ▲ beat (+14.9%)
2025-09 ▲ beat (+16.7%)
2025-06 ▲ beat (+39.2%)
2025-03 ▼ miss (-25.0%)
2024-12 ▲ beat (+31.8%)
2024-09 ▲ beat (+22.9%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 12 buy · 6 hold · 2 sell (20 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $280
- Target vs last price
- +0.7%
What our data shows for PSX
- Our model validated 14 trailing price-to-earnings windows for PSX, built from quarterly earnings records.
- Shares are trading in the upper third of their 12-month price range of $127.75–$297.29.
- The 14-day relative strength index sits at a neutral 62.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for PSX
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent PSX news
TickrTrends' derived news-sentiment signal for PSX is currently leaning positive, computed from recent coverage.
- CrossAmerica Partners LP Maintains Quarterly Distribution (manilatimes.net, 2026-10-21)
- What State Street Energy SPDR (XLE) Bought: Exxon Mobil Leads on Oct. 19 (gurufocus.com, 2026-10-21)
TickrTrends take: State Street's Energy SPDR fund weighted its holdings toward Exxon Mobil as of October 19, indicating continued institutional confidence in large-cap energy positions. PSX, which operates in the same Energy sector, currently carries an Undervalued designation on TickrTrends, suggesting it may offer relative value compared to peers that have already attracted significant fund inflows. Investors monitoring sector allocation trends should note whether similar institutional buying patterns extend to midstream and downstream energy operators like PSX or remain concentrated in upstream producers. - Phillips 66 (PSX) Locks Out 400 Union Workers at Bayway Refinery Amid Labor Dispute (gurufocus.com, 2026-10-20)
TickrTrends take: Phillips 66 faces a labor dispute at its Bayway Refinery involving approximately 400 union workers, which could impact operational efficiency and near-term earnings if the lockout extends. Given that TickrTrends currently rates PSX as undervalued, investors should monitor whether this labor action affects refining margins or production capacity, as such operational disruptions could influence the fundamental assumptions underlying the valuation assessment. Energy sector companies like PSX depend on consistent operational performance to justify current valuations, making the resolution timeline and any associated costs from this dispute relevant to the undervaluation thesis.
More PSX news
- Phillips 66 (PSX) Raises Quarterly Dividend by 4.7%, Yielding 1.82% (gurufocus.com, 2026-10-16)
- Phillips 66 (PSX) Raises Quarterly Dividend to $1.33, Reflecting Strong Cash Flow (gurufocus.com, 2026-10-16)
- Phillips 66: Not My Favorite, But A Solid Pick For Investors Seeking Predictability (PSX) (seekingalpha.com, 2026-10-14)
- Phillips 66 Stock: Momentum Makes Waiting Hard (NYSE:PSX) (seekingalpha.com, 2026-10-13)
- Phillips 66 (PSX) Stock Falls Amid Market Uptick: What Investors Need to Know (zacks.com, 2026-10-09)
- Bridger Photonics Launches Bridger Benchmarking, the First Emissions Peer Comparison Product Built on Source-Level Measurement (manilatimes.net, 2026-10-07)
What people are saying
Follow the PSX conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — TickrTrends' derived indicators for PSX showed notable movement this week. The Relative Strength Index shifted from overbought territory into neutral zone, suggesting reduced momentum in the energy sector. Concurrently, the valuation verdict adjusted from undervalued to fairly valued, reflecting a recalibration of the sector's pricing relative to fundamental metrics.
- 2026-09-21 — # PSX Energy Sector Weekly Update TickrTrends' derived indicators for PSX shifted this week, with the energy sector's valuation verdict changing from Fairly valued to Undervalued. This change reflects adjustments in the underlying metrics that inform the platform's valuation assessment. The sector now trades at levels below what the indicators suggest represents fair value.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is PSX stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), PSX is trading at a 10–25% discount to estimated fair value and screens as undervalued. The exact fair value and discount are available to subscribers.
What is PSX's TickrTrends verdict?
PSX's current verdict is Undervalued, refreshed with every weekly Forward Fair Value run.
How does PSX compare to other Energy stocks?
PSX ranks #2 of 24 Energy stocks in TickrTrends' coverage by discount to fair value.
Is PSX overbought or oversold?
PSX's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does PSX pay a dividend?
Yes. PSX paid $5.01 per share over the last twelve months (4 payments), a 1.80% yield on TickrTrends' last price, and has raised the annual total for 13 consecutive years. The next ex-dividend date on file is 2026-11-17.
When does PSX report earnings next?
PSX's next earnings report is scheduled for 2026-10-28 (pre-market), per the published earnings calendar.
Does PSX usually beat earnings estimates?
Over its last 8 reported quarters PSX beat the consensus estimate 7 times and missed 1 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about PSX?
Of 20 analysts covering PSX, 12 rate it a buy, 6 a hold and 2 a sell - buy-leaning, with a consensus price target of $280 (+0.7% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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