Occidental Petroleum Corporation (OXY)

Occidental Petroleum Stock Forecast

Stock Price Forecast

The 20 analysts that cover Occidental Petroleum stock have a consensus rating of "Hold" and an average price target of $49.15, which forecasts a 9.51% increase in the stock price over the next year. The lowest target is $38 and the highest is $64.

Price Target: $49.15 (+9.51%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$38	$49.15	$47	$64
Change	-15.33%	+9.51%	+4.72%	+42.60%

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	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26
Strong Buy	0	0	1	1	1	1
Buy	3	3	4	4	4	5
Hold	15	15	15	15	14	11
Sell	1	1	2	2	3	3
Strong Sell	1	1	1	1	1	1
Total	20	20	23	23	23	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mark Lear Piper Sandler	Piper Sandler	Hold Maintains $46 → $47	Hold	Maintains	$46 → $47	+4.72%	Jan 28, 2026
Biju Perincheril Susquehanna	Susquehanna	Buy Maintains $55 → $51	Buy	Maintains	$55 → $51	+13.64%	Jan 26, 2026
Devin McDermott Morgan Stanley	Morgan Stanley	Buy Maintains $51 → $50	Buy	Maintains	$51 → $50	+11.41%	Jan 23, 2026
Betty Jiang Barclays	Barclays	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Jan 21, 2026
Josh Silverstein UBS	UBS	Hold Maintains $45 → $43	Hold	Maintains	$45 → $43	-4.19%	Dec 12, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

26.00B

Decreased by -2.72%

from 26.73B

Revenue Next Year

21.88B

Decreased by -15.84%

from 26.00B

EPS This Year

2.27

Decreased by -7.12%

from 2.44

EPS Next Year

1.36

Decreased by -40.27%

from 2.27

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	26.00B	21.88B
Revenue Growth	-14.83%	45.75%	41.14%	-22.87%	-5.42%	-2.72%	-15.84%
EPS	-17.06	1.57	12.40	3.90	2.44	2.27	1.36
EPS Growth	-	-	689.00%	-68.52%	-37.40%	-7.12%	-40.27%
Forward PE	-	-	-	-	-	19.77	33.10
No. Analysts	-	-	-	-	-	27	27

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

Revenue Forecast

Revenue	2025	2026	2027	2028
High	28.1B	27.2B
Avg	26.0B	21.9B
Low	24.5B	19.6B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	5.2%	4.5%
Avg	-2.7%	-15.8%
Low	-8.4%	-24.7%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	2.81	2.82
Avg	2.27	1.36
Low	1.86	0.41

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	15.1%	24.4%
Avg	-7.1%	-40.3%
Low	-23.8%	-81.9%

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.