Occidental Petroleum Corporation (OXY)

Occidental Petroleum Stock Forecast

Stock Price Forecast

The 21 analysts that cover Occidental Petroleum stock have a consensus rating of "Hold" and an average price target of $51.81, which forecasts a -2.47% decrease in the stock price over the next year. The lowest target is $38 and the highest is $64.

Price Target: $51.81 (-2.47%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$38	$51.81	$50	$64
Change	-28.46%	-2.47%	-5.87%	+20.48%

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	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	1	1	1	1	1	1
Buy	4	4	4	5	5	5
Hold	15	15	14	11	12	12
Sell	2	2	3	3	3	3
Strong Sell	1	1	1	1	0	0
Total	23	23	23	21	21	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mark Lear Piper Sandler	Piper Sandler	Hold Maintains $47 → $54	Hold	Maintains	$47 → $54	+1.66%	Mar 5, 2026
Josh Silverstein UBS	UBS	Hold Maintains $49 → $55	Hold	Maintains	$49 → $55	+3.54%	Mar 5, 2026
Phillip Jungwirth BMO Capital	BMO Capital	Hold Maintains $48 → $60	Hold	Maintains	$48 → $60	+12.95%	Feb 23, 2026
Betty Jiang Barclays	Barclays	Hold Maintains $50 → $55	Hold	Maintains	$50 → $55	+3.54%	Feb 23, 2026
Sam Margolin Wells Fargo	Wells Fargo	Sell Maintains $40 → $47	Sell	Maintains	$40 → $47	-11.52%	Feb 20, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

21.60B

Increased by 0.05%

from 21.59B

Revenue Next Year

22.97B

Increased by 6.30%

from 21.60B

EPS This Year

1.29

Decreased by -20.16%

from 1.61

EPS Next Year

1.84

Increased by 42.80%

from 1.29

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	25.96B	36.63B	23.16B	22.02B	21.59B	21.60B	22.97B
Revenue Growth	45.75%	41.14%	-36.79%	-4.91%	-1.94%	0.05%	6.30%
EPS	1.57	12.40	3.90	2.45	1.61	1.29	1.84
EPS Growth	-	689.00%	-68.52%	-37.28%	-34.18%	-20.16%	42.80%
Forward PE	-	-	-	-	-	41.28	28.91
No. Analysts	-	-	-	-	-	29	25

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	24.8B	25.8B
Avg	21.6B	23.0B
Low	18.9B	20.7B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	14.6%	19.3%
Avg	0.0%	6.3%
Low	-12.6%	-4.4%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	2.33	4.05
Avg	1.29	1.84
Low	0.29	-0.20

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	44.4%	214.9%
Avg	-20.2%	42.8%
Low	-81.8%	-

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.