Occidental Petroleum Corporation (OXY)
NYSE: OXY · Real-Time Price · USD
37.80
-0.10 (-0.26%)
At close: Apr 15, 2025, 4:00 PM
37.65
-0.15 (-0.40%)
After-hours: Apr 15, 2025, 7:52 PM EDT
Occidental Petroleum Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Occidental Petroleum stock have an average target of 54.5, with a low estimate of 40 and a high estimate of 70. The average target predicts an increase of 44.18% from the current stock price of 37.80.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Occidental Petroleum stock from 19 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Buy | 5 | 5 | 5 | 5 | 6 | 5 |
| Hold | 9 | 10 | 9 | 9 | 10 | 12 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Total | 16 | 17 | 17 | 17 | 18 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Maintains $60 → $58 | Buy | Maintains | $60 → $58 | +53.44% | Apr 15, 2025 |
| Scotiabank | Scotiabank | Buy → Hold Downgrades $40 | Buy → Hold | Downgrades | $40 | +5.82% | Apr 11, 2025 |
| TD Cowen | TD Cowen | Strong Buy → Hold Downgrades $68 → $45 | Strong Buy → Hold | Downgrades | $68 → $45 | +19.05% | Apr 8, 2025 |
| UBS | UBS | Hold Maintains $52 → $44 | Hold | Maintains | $52 → $44 | +16.40% | Apr 7, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $63 → $58 | Buy | Maintains | $63 → $58 | +53.44% | Mar 27, 2025 |
Financial Forecast
Revenue This Year
28.34B
from 26.73B
Increased by 6.05%
Revenue Next Year
29.51B
from 28.34B
Increased by 4.12%
EPS This Year
3.33
from 2.44
Increased by 36.13%
EPS Next Year
4.08
from 3.33
Increased by 22.53%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 31.0B | 32.9B | 32.6B |
| Avg | 28.3B | 29.5B | 29.8B |
| Low | 23.1B | 24.7B | 26.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 15.8% | 16.1% | 10.5% |
| Avg | 6.1% | 4.1% | 0.8% |
| Low | -13.7% | -13.0% | -11.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.24 | 7.19 | 6.08 | ||
| Avg | 3.33 | 4.08 | 4.07 | ||
| Low | 1.24 | 2.51 | 2.43 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 114.3% | 116.1% | 49.1% | ||
| Avg | 36.1% | 22.5% | -0.2% | ||
| Low | -49.1% | -24.6% | -40.4% |
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.