Occidental Petroleum Corporation (OXY)

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 14.19% increase in the stock price over the next year. The lowest target is $44 and the highest is $64.

Price Target: $52.15 (+14.19%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$44	$52.15	$51	$64
Change	-3.66%	+14.19%	+11.67%	+40.14%

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	Apr '25	May '25	Jun '25	Jul '25	Aug '25	Sep '25
Strong Buy	0	0	0	0	0	0
Buy	5	5	5	5	3	3
Hold	12	12	12	13	15	15
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	19	19	19	20	20	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Josh Silverstein UBS	UBS	Hold Maintains $42 → $45	Hold	Maintains	$42 → $45	-1.47%	Aug 20, 2025
James West Melius Research	Melius Research	Hold Initiates $64	Hold	Initiates	$64	+40.14%	Aug 20, 2025
Devin McDermott Morgan Stanley	Morgan Stanley	Buy → Hold Downgrades $52	Buy → Hold	Downgrades	$52	+13.86%	Aug 18, 2025
Josh Silverstein UBS	UBS	Hold Maintains $38 → $42	Hold	Maintains	$38 → $42	-8.04%	Aug 11, 2025
Mark Lear Piper Sandler	Piper Sandler	Hold Maintains $48 → $50	Hold	Maintains	$48 → $50	+9.48%	Jul 17, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

27.10B

Increased by 1.40%

from 26.73B

Revenue Next Year

27.68B

Increased by 2.13%

from 27.10B

EPS This Year

2.32

Decreased by -5.13%

from 2.44

EPS Next Year

2.80

Increased by 20.87%

from 2.32

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	17.81B	25.96B	36.63B	28.26B	26.73B	27.10B	27.68B
Revenue Growth	-14.83%	45.75%	41.14%	-22.87%	-5.42%	1.40%	2.13%
EPS	-17.06	1.57	12.40	3.90	2.44	2.32	2.80
EPS Growth	-	-	689.00%	-68.52%	-37.40%	-5.13%	20.87%
Forward PE	-	-	-	-	-	19.69	16.29
No. Analysts	-	-	-	-	-	25	25

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	29.2B	31.9B
Avg	27.1B	27.7B
Low	25.6B	25.2B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	9.2%	17.5%
Avg	1.4%	2.1%
Low	-4.0%	-6.9%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	2.97	5.81
Avg	2.32	2.80
Low	1.72	1.28

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	21.6%	150.4%
Avg	-5.1%	20.9%
Low	-29.8%	-44.9%

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.