Occidental Petroleum Corporation (OXY)
NYSE: OXY · Real-Time Price · USD
45.33
-1.12 (-2.41%)
At close: Jun 16, 2025, 4:00 PM
45.88
+0.55 (1.21%)
After-hours: Jun 16, 2025, 7:59 PM EDT

Occidental Petroleum Stock Forecast

Stock Price Forecast

The 19 analysts that cover Occidental Petroleum stock have a consensus rating of "Hold" and an average price target of $51.06, which forecasts a 12.64% increase in the stock price over the next year. The lowest target is $38 and the highest is $64.

Price Target: $51.06 (+12.64%)
Analyst Consensus: Hold
Target Low Average Median High
Price $38 $51.06 $51 $64
Change -16.17% +12.64% +12.51% +41.19%

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 Jan '25Feb '25Mar '25Apr '25May '25Jun '25
Strong Buy 110000
Buy 556555
Hold 9910121212
Sell 111111
Strong Sell 111111
Total 171718191919

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Hold
Maintains
$42$44
Hold Maintains $42$44 -2.93% May 19, 2025
Mizuho
Mizuho
Hold
Maintains
$60$58
Hold Maintains $60$58 +27.95% May 13, 2025
JP Morgan
JP Morgan
Hold
Maintains
$52$47
Hold Maintains $52$47 +3.68% May 9, 2025
Barclays
Barclays
Hold
Maintains
$46$48
Hold Maintains $46$48 +5.89% May 8, 2025
Barclays
Barclays
Hold
Maintains
$58$46
Hold Maintains $58$46 +1.48% Apr 23, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
26.69B
from 26.73B
Decreased by -0.12%
Revenue Next Year
27.90B
from 26.69B
Increased by 4.53%
EPS This Year
2.43
from 2.44
Decreased by -0.40%
EPS Next Year
3.18
from 2.43
Increased by 30.52%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
17.81B25.96B36.63B28.26B26.73B26.69B27.90B28.85B
Revenue Growth
-14.83%45.75%41.14%-22.87%-5.42%-0.12%4.53%3.39%
EPS
-17.061.5712.403.902.442.433.183.75
EPS Growth
--689.00%-68.52%-37.40%-0.40%30.52%17.94%
Forward PE
-----18.6214.2712.10
No. Analysts
-----272617
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 28.6B 30.6B 33.5B
Avg 26.7B 27.9B 28.8B
Low 22.8B 24.9B 25.3B

Revenue Growth

Revenue Growth 202520262027
High
7.1%
14.8%
20.1%
Avg
-0.1%
4.5%
3.4%
Low
-14.8%
-6.5%
-9.4%

EPS Forecast

EPS 20252026202720282029
High 3.65 5.69 5.70
Avg 2.43 3.18 3.75
Low 1.08 1.47 2.49

EPS Growth

EPS Growth 20252026202720282029
High
49.5%
133.8%
79.4%
Avg
-0.4%
30.5%
17.9%
Low
-55.9%
-39.6%
-21.8%
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.