Occidental Petroleum Stock Forecast

Stock Price Forecast

The 22 analysts that cover Occidental Petroleum stock have a consensus rating of "Hold" and an average price target of $56.5, which forecasts a -14.70% decrease in the stock price over the next year. The lowest target is $38 and the highest is $72.

Price Target: $56.5 (-14.70%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$38	$56.5	$59	$72
Change	-42.63%	-14.70%	-10.93%	+8.70%

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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Mar '26
Strong Buy	1	1	1	1	1	1
Buy	4	4	5	5	6	6
Hold	15	14	11	12	13	13
Sell	2	3	3	3	1	1
Strong Sell	1	1	1	0	1	1
Total	23	23	21	21	22	22

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Scott Gruber Citigroup	Citigroup	Hold Maintains $45 → $67	Hold	Maintains	$45 → $67	+1.15%	Mar 30, 2026
Gabe Daoud Truist Securities	Truist Securities	Hold Initiates $65	Hold	Initiates	$65	-1.87%	Mar 24, 2026
Arun Jayaram JP Morgan	JP Morgan	Sell → Hold Upgrades $63	Sell → Hold	Upgrades	$63	-4.89%	Mar 20, 2026
Samantha Hoh HSBC	HSBC	Strong Buy Maintains $59 → $68	Strong Buy	Maintains	$59 → $68	+2.66%	Mar 20, 2026
Nitin Kumar Mizuho	Mizuho	Buy Maintains $67 → $72	Buy	Maintains	$67 → $72	+8.70%	Mar 17, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

22.17B

from 21.59B

2.67%

from 21.59B

Revenue Next Year

23.17B

from 22.17B

4.50%

from 22.17B

EPS This Year

1.29

from 1.61

-20.16%

from 1.61

EPS Next Year

1.84

from 1.29

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	22.17B	23.17B
Revenue Growth	45.75%	41.14%	-36.79%	-4.91%	-1.94%	2.67%	4.50%
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	-	-	-	-	-	51.47	36.04
No. Analysts	-	-	-	-	-	29	25

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

Revenue Forecast

Revenue	2026	2027
High	25.8B	27.2B
Avg	22.2B	23.2B
Low	18.9B	20.7B

Revenue Growth

Revenue Growth	2026	2027
High	19.5%	22.9%
Avg	2.7%	4.5%
Low	-12.6%	-6.9%

EPS Forecast

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

EPS Growth

EPS Growth	2026	2027
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.