Occidental Petroleum Corporation (OXY)
NYSE: OXY · Real-Time Price · USD
41.58
+0.29 (0.70%)
May 27, 2025, 3:17 PM - Market open
Occidental Petroleum Stock Forecast
Stock Price Forecast
According to 18 professional analysts, the 12-month price target for Occidental Petroleum stock ranges from a low of $38 to a high of $64. The average analyst price target of $51.06 forecasts a 22.80% increase in the stock price over the next year.
Price Target: $51.06 (+22.80%)
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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Buy | 5 | 5 | 5 | 6 | 5 | 5 |
| Hold | 10 | 9 | 9 | 10 | 12 | 12 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Total | 17 | 17 | 17 | 18 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $42 → $44 | Hold | Maintains | $42 → $44 | +5.82% | May 19, 2025 |
| Mizuho | Mizuho | Hold Maintains $60 → $58 | Hold | Maintains | $60 → $58 | +39.49% | May 13, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $52 → $47 | Hold | Maintains | $52 → $47 | +13.04% | May 9, 2025 |
| Barclays | Barclays | Hold Maintains $46 → $48 | Hold | Maintains | $46 → $48 | +15.44% | May 8, 2025 |
| Barclays | Barclays | Hold Maintains $58 → $46 | Hold | Maintains | $58 → $46 | +10.63% | Apr 23, 2025 |
Financial Forecast
Revenue This Year
26.60B
from 26.73B
Decreased by -0.46%
Revenue Next Year
27.78B
from 26.60B
Increased by 4.44%
EPS This Year
2.43
from 2.44
Decreased by -0.40%
EPS Next Year
3.18
from 2.43
Increased by 30.52%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 28.6B | 30.6B | 33.5B |
| Avg | 26.6B | 27.8B | 28.5B |
| Low | 22.8B | 24.9B | 25.3B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 7.1% | 15.2% | 20.6% |
| Avg | -0.5% | 4.4% | 2.6% |
| Low | -14.8% | -6.2% | -9.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| 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 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| 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.