Occidental Petroleum Corporation (OXY)
NYSE: OXY · Real-Time Price · USD
48.20
+0.08 (0.17%)
At close: Dec 26, 2024, 4:00 PM
48.19
-0.01 (-0.02%)
After-hours: Dec 26, 2024, 7:58 PM EST
Occidental Petroleum Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for OXY stock have an average target of 61.06, with a low estimate of 51 and a high estimate of 78. The average target predicts an increase of 26.68% from the current stock price of 48.20.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for OXY 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 9 | 9 | 8 | 10 | 9 | 10 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 17 | 16 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $57 → $51 | Hold | Maintains | $57 → $51 | +5.81% | Dec 19, 2024 |
| Mizuho | Mizuho | Hold Maintains $72 → $70 | Hold | Maintains | $72 → $70 | +45.23% | Dec 16, 2024 |
| UBS | UBS | Hold Maintains $58 → $51 | Hold | Maintains | $58 → $51 | +5.81% | Dec 9, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $56 → $53 | Hold | Maintains | $56 → $53 | +9.96% | Dec 9, 2024 |
| Citigroup | Citigroup | Hold Maintains $57 → $56 | Hold | Maintains | $57 → $56 | +16.18% | Nov 26, 2024 |
Financial Forecast
Revenue This Year
27.43B
from 28.26B
Decreased by -2.93%
Revenue Next Year
29.11B
from 27.43B
Increased by 6.11%
EPS This Year
3.45
from 3.90
Decreased by -11.66%
EPS Next Year
3.28
from 3.45
Decreased by -4.84%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 29.7B | 31.5B | 36.6B |
| Avg | 27.4B | 29.1B | 30.5B |
| Low | 25.6B | 23.8B | 25.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.2% | 15.0% | 25.6% |
| Avg | -2.9% | 6.1% | 4.9% |
| Low | -9.5% | -13.1% | -12.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 4.28 | 4.70 | 6.46 | |||
| Avg | 3.45 | 3.28 | 3.94 | |||
| Low | 2.89 | 0.74 | 2.14 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 9.7% | 36.4% | 96.7% | |||
| Avg | -11.7% | -4.8% | 19.9% | |||
| Low | -26.0% | -78.4% | -34.7% |
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.