TD Cowen raises target for Phillips 66 stock to USD 308.00 from USD 295.00

Published on 10/26/2026 at 17:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue reached USD 52.04 billion and net income USD 3.85 billion. Phillips 66 stock costs EUR 258.50 on October 26, 2026.

Target and operating figures

TD Cowen raised its Phillips 66 target from USD 295.00 to USD 308.00 on October 22, 2026.
Second-quarter 2026 revenue reached USD 52.04 billion and net income totaled USD 3.85 billion.
Phillips 66 stock costs EUR 258.50 at Lang & Schwarz on October 26, 2026 at 5:00 p.m. CET.
Phillips 66 is scheduled to report third-quarter 2026 results on October 28, 2026.

Phillips 66, US7185461040, Illustration mit AI erstellt.

Phillips 66 (ISIN US7185461040) saw TD Cowen raise its price target from USD 295.00 to USD 308.00 on October 22, 2026, according to Yahoo Finance. The target stands 6.79 percent above the NYSE price of USD 288.42 at 12:01 p.m. ET on October 26, 2026. At Lang & Schwarz, the stock was trading at EUR 258.50 on October 26, 2026 at 5:00 p.m. CET.

Second-quarter earnings set the base

Phillips 66 generated USD 52.04 billion in revenue and USD 3.85 billion in net income during the second quarter of 2026, with profit margin at 7.39 percent, according to the company figures carried by Yahoo Finance. The finance profile also lists five operating areas: Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels.

Stock remains below its yearly high

The NYSE price of USD 288.42 on October 26, 2026 sat 3.66 percent below the 52-week high of USD 299.39 and well above the 52-week low of USD 127.16. Phillips 66 had a market capitalization of USD 115.6 billion, a trailing P/E ratio of 16.44 and a year-to-date gain of 124.04 percent as of the latest quoted session.

What comes next for earnings?

Phillips 66 is scheduled to publish third-quarter 2026 results on October 28, 2026. The date appears in the company calendar carried by MarketScreener. That report will give investors a new comparison with the USD 52.04 billion revenue and USD 3.85 billion net income recorded in the second quarter.

Comparison with peers

Phillips 66: P/E 16.44, market capitalization USD 115.6 billion.
Marathon Petroleum Corporation (NYSE, USD): P/E 16.12, market capitalization USD 131.4 billion.
Valero Energy Corporation (NYSE, USD): P/E 9.55, market capitalization USD 121.9 billion.

Price and investor perspective

The analyst target and the upcoming earnings date provide two separate reference points for the stock. The USD 308.00 target is above the latest NYSE price, while the October 28 reporting date is the next scheduled company event.

The stock was trading at EUR 258.50 at Lang & Schwarz on October 26, 2026 at 5:00 p.m. CET. The further course of trading is shown by the continuously updated real-time quote of Phillips 66 stock.