“Conceptual analysis” is a misnomer—it refers, but it does not refer to a method or practice that involves the analysis of concepts. Once this is recognized, many of the main arguments for skepticism about conceptual analysis can be answered, since many of these arguments falsely assume that conceptual analyses target concepts. The present paper defends conceptual analysis from skepticism about its viability and, positively, presents an argument for viewing conceptual analyses as targeting philosophical phenomena, not our concepts of these phenomena.