Occidental Petroleum Corporation (OXY)
NYSE: OXY · Real-Time Price · USD
51.93
+0.39 (0.76%)
At close: Nov 22, 2024, 4:00 PM
51.87
-0.06 (-0.12%)
Pre-market: Nov 25, 2024, 5:14 AM EST
Occidental Petroleum Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for OXY stock have an average target of 63.13, with a low estimate of 55 and a high estimate of 78. The average target predicts an increase of 21.57% from the current stock price of 51.93.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for OXY stock from 16 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 4 | 5 | 5 | 5 | 5 | 5 |
| Hold | 9 | 9 | 9 | 8 | 10 | 9 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 15 | 15 | 15 | 17 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Strong Buy Maintains $77 → $78 | Strong Buy | Maintains | $77 → $78 | +50.20% | Nov 21, 2024 |
| UBS | UBS | Hold Maintains $59 → $58 | Hold | Maintains | $59 → $58 | +11.69% | Nov 18, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $77 → $65 | Buy | Maintains | $77 → $65 | +25.17% | Nov 14, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $70 → $71 | Buy | Maintains | $70 → $71 | +36.72% | Nov 13, 2024 |
| JP Morgan | JP Morgan | Hold Initiates $56 | Hold | Initiates | $56 | +7.84% | Nov 8, 2024 |
Financial Forecast
Revenue This Year
27.86B
from 28.26B
Decreased by -1.39%
Revenue Next Year
29.97B
from 27.86B
Increased by 7.54%
EPS This Year
3.22
from 3.90
Decreased by -17.43%
EPS Next Year
3.31
from 3.22
Increased by 2.82%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 30.3B | 34.3B | 36.7B |
| Avg | 27.9B | 30.0B | 30.9B |
| Low | 24.7B | 22.8B | 24.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.2% | 23.1% | 22.5% |
| Avg | -1.4% | 7.5% | 3.2% |
| Low | -12.6% | -18.2% | -19.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.43 | 5.99 | 6.29 |
| Avg | 3.22 | 3.31 | 4.03 |
| Low | 2.43 | 0.97 | 1.71 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.5% | 85.6% | 89.7% |
| Avg | -17.4% | 2.8% | 21.7% |
| Low | -37.8% | -70.1% | -48.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.