Occidental Petroleum Corporation (OXY)
NYSE: OXY · Real-Time Price · USD
45.83
+1.27 (2.85%)
At close: Aug 22, 2025, 4:00 PM
45.84
+0.01 (0.02%)
After-hours: Aug 22, 2025, 7:55 PM EDT
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 $52.15, which forecasts a 13.79% increase in the stock price over the next year. The lowest target is $44 and the highest is $64.
Price Target: $52.15 (+13.79%)
Analyst Consensus: Hold
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 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 6 | 5 | 5 | 5 | 5 | 3 |
| Hold | 10 | 12 | 12 | 12 | 13 | 15 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 18 | 19 | 19 | 19 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $42 → $45 | Hold | Maintains | $42 → $45 | -1.81% | Aug 20, 2025 |
| Melius Research | Melius Research | Hold Initiates $64 | Hold | Initiates | $64 | +39.65% | Aug 20, 2025 |
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $52 | Buy → Hold | Downgrades | $52 | +13.46% | Aug 18, 2025 |
| Piper Sandler | Piper Sandler | Hold Maintains $48 → $50 | Hold | Maintains | $48 → $50 | +9.10% | Jul 17, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $47 → $48 | Hold | Maintains | $47 → $48 | +4.73% | Jul 15, 2025 |
Financial Forecast
Revenue This Year
27.10B
from 26.73B
Increased by 1.40%
Revenue Next Year
27.68B
from 27.10B
Increased by 2.13%
EPS This Year
2.32
from 2.44
Decreased by -5.13%
EPS Next Year
2.80
from 2.32
Increased by 20.87%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 29.2B | 31.9B | 32.1B |
| Avg | 27.1B | 27.7B | 28.6B |
| Low | 25.6B | 25.2B | 25.3B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 9.2% | 17.5% | 15.9% |
| Avg | 1.4% | 2.1% | 3.4% |
| Low | -4.0% | -6.9% | -8.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 2.97 | 5.81 | 5.93 | ||
| Avg | 2.32 | 2.80 | 3.55 | ||
| Low | 1.72 | 1.28 | 1.74 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 21.6% | 150.4% | 111.6% | ||
| Avg | -5.1% | 20.9% | 26.8% | ||
| Low | -29.8% | -44.9% | -37.8% |
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.