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The latest update is out from Phillips 66 ( (PSX) ).
On July 30, 2025, the Superior Court of California ordered Phillips 66 to pay $195 million in exemplary damages to Propel Fuels, in addition to $604.9 million in compensatory damages awarded in October 2024. Phillips 66 denies wrongdoing and plans to appeal, although the outcome is uncertain.
The most recent analyst rating on (PSX) stock is a Buy with a $176.00 price target. To see the full list of analyst forecasts on Phillips 66 stock, see the PSX Stock Forecast page.
Spark’s Take on PSX Stock
According to Spark, TipRanks’ AI Analyst, PSX is a Outperform.
Phillips 66 benefits from strong operational execution and strategic initiatives, such as asset divestitures, supporting growth and shareholder value. However, high valuation metrics and mixed technical indicators present some risks. The company’s financial stability and attractive dividend yield offer additional support to the stock score.
To see Spark’s full report on PSX stock, click here.
More about Phillips 66
Phillips 66 is a diversified energy manufacturing and logistics company with a focus on refining, midstream, chemicals, and marketing and specialties. The company operates in the energy sector, providing products and services that include refining crude oil and marketing petroleum products.
Average Trading Volume: 3,322,835
Technical Sentiment Signal: Buy
Current Market Cap: $49.33B
For a thorough assessment of PSX stock, go to TipRanks’ Stock Analysis page.