Occidental Petroleum Corporation (OXY)
NYSE: OXY · Real-Time Price · USD
46.37
-0.28 (-0.60%)
At close: Feb 3, 2025, 4:00 PM
46.26
-0.11 (-0.24%)
Pre-market: Feb 4, 2025, 4:50 AM EST
Occidental Petroleum Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Occidental Petroleum stock have an average target of 60.56, with a low estimate of 45 and a high estimate of 78. The average target predicts an increase of 30.60% from the current stock price of 46.37.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Occidental Petroleum stock from 17 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 9 | 8 | 10 | 9 | 10 | 9 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Total | 15 | 15 | 17 | 16 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold → Strong Sell Downgrades $54 → $45 | Hold → Strong Sell | Downgrades | $54 → $45 | -2.95% | Jan 31, 2025 |
| Truist Securities | Truist Securities | Hold Maintains $56 → $58 | Hold | Maintains | $56 → $58 | +25.08% | Jan 13, 2025 |
| Piper Sandler | Piper Sandler | Hold Maintains $57 → $51 | Hold | Maintains | $57 → $51 | +9.98% | Dec 19, 2024 |
| Mizuho | Mizuho | Hold Maintains $72 → $70 | Hold | Maintains | $72 → $70 | +50.96% | Dec 16, 2024 |
| UBS | UBS | Hold Maintains $58 → $51 | Hold | Maintains | $58 → $51 | +9.98% | Dec 9, 2024 |
Financial Forecast
Revenue This Year
27.45B
from 28.26B
Decreased by -2.86%
Revenue Next Year
29.01B
from 27.45B
Increased by 5.69%
EPS This Year
3.44
from 3.90
Decreased by -11.94%
EPS Next Year
3.49
from 3.44
Increased by 1.58%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 29.7B | 31.8B | 36.6B |
| Avg | 27.4B | 29.0B | 30.6B |
| Low | 25.7B | 23.1B | 24.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.2% | 15.9% | 26.0% |
| Avg | -2.9% | 5.7% | 5.5% |
| Low | -9.2% | -15.8% | -14.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 4.28 | 5.43 | 6.11 | |||
| Avg | 3.44 | 3.49 | 4.04 | |||
| Low | 3.06 | 1.24 | 1.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 9.7% | 57.9% | 75.0% | |||
| Avg | -11.9% | 1.6% | 15.6% | |||
| Low | -21.6% | -63.8% | -46.2% |
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.