Occidental Petroleum Corporation (OXY)

Occidental Petroleum Stock Forecast

Stock Price Forecast

The 22 analysts that cover Occidental Petroleum stock have a consensus rating of "Hold" and an average price target of $50.95, which forecasts a 13.60% increase in the stock price over the next year. The lowest target is $38 and the highest is $64.

Price Target: $50.95 (+13.60%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$38	$50.95	$50	$64
Change	-15.27%	+13.60%	+11.48%	+42.70%

Analyst Ratings

The average analyst rating for Occidental Petroleum stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	0	0	0	0	0	1
Buy	5	5	5	3	3	4
Hold	12	12	13	15	15	15
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	19	19	20	20	20	22

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Stephen Richardson Evercore ISI Group	Evercore ISI Group	Sell Maintains $40 → $38	Sell	Maintains	$40 → $38	-15.27%	Oct 3, 2025
Nitin Kumar Mizuho	Mizuho	Hold → Buy Upgrades $58 → $60	Hold → Buy	Upgrades	$58 → $60	+33.78%	Oct 3, 2025
Josh Silverstein UBS	UBS	Hold Maintains $46 → $45	Hold	Maintains	$46 → $45	+0.33%	Oct 3, 2025
Samantha Hoh HSBC	HSBC	Hold → Strong Buy Upgrades $48 → $55	Hold → Strong Buy	Upgrades	$48 → $55	+22.63%	Oct 3, 2025
Leo Mariani Roth Capital	Roth Capital	Hold Maintains $45 → $46	Hold	Maintains	$45 → $46	+2.56%	Oct 2, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

26.97B

Increased by 0.93%

from 26.73B

Revenue Next Year

25.18B

Decreased by -6.67%

from 26.97B

EPS This Year

2.37

Decreased by -3.13%

from 2.44

EPS Next Year

2.88

Increased by 21.42%

from 2.37

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	17.81B	25.96B	36.63B	28.26B	26.73B	26.97B	25.18B
Revenue Growth	-14.83%	45.75%	41.14%	-22.87%	-5.42%	0.93%	-6.67%
EPS	-17.06	1.57	12.40	3.90	2.44	2.37	2.88
EPS Growth	-	-	689.00%	-68.52%	-37.40%	-3.13%	21.42%
Forward PE	-	-	-	-	-	18.94	15.60
No. Analysts	-	-	-	-	-	26	26

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	28.8B	30.1B
Avg	27.0B	25.2B
Low	25.7B	20.2B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	7.8%	11.4%
Avg	0.9%	-6.7%
Low	-3.7%	-25.0%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	3.14	5.81
Avg	2.37	2.88
Low	1.72	1.28

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	28.4%	145.2%
Avg	-3.1%	21.4%
Low	-29.8%	-46.0%

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.