Occidental Petroleum Corporation (OXY)
NYSE: OXY · Real-Time Price · USD
38.81
-1.80 (-4.43%)
At close: May 5, 2025, 4:00 PM
38.91
+0.10 (0.26%)
After-hours: May 5, 2025, 7:17 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 52.28, with a low estimate of 38 and a high estimate of 70. The average target predicts an increase of 34.71% from the current stock price of 38.81.
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 |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $58 → $46 | Hold | Maintains | $58 → $46 | +18.53% | Apr 23, 2025 |
| Susquehanna | Susquehanna | Buy Maintains $59 → $55 | Buy | Maintains | $59 → $55 | +41.72% | Apr 22, 2025 |
| Piper Sandler | Piper Sandler | Hold Maintains $50 → $48 | Hold | Maintains | $50 → $48 | +23.68% | Apr 22, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $49 → $42 | Hold | Maintains | $49 → $42 | +8.22% | Apr 21, 2025 |
| UBS | UBS | Hold Maintains $44 → $38 | Hold | Maintains | $44 → $38 | -2.09% | Apr 16, 2025 |
Financial Forecast
Revenue This Year
27.88B
from 26.73B
Increased by 4.33%
Revenue Next Year
29.03B
from 27.88B
Increased by 4.13%
EPS This Year
2.74
from 2.44
Increased by 11.98%
EPS Next Year
3.38
from 2.74
Increased by 23.30%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 31.0B | 32.8B | 32.5B |
| Avg | 27.9B | 29.0B | 29.4B |
| Low | 23.6B | 24.9B | 24.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 15.8% | 17.6% | 12.1% |
| Avg | 4.3% | 4.1% | 1.2% |
| Low | -11.9% | -10.6% | -15.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 4.76 | 5.81 | 7.65 | ||
| Avg | 2.74 | 3.38 | 3.90 | ||
| Low | 0.69 | 1.32 | 1.36 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 94.6% | 112.1% | 126.8% | ||
| Avg | 12.0% | 23.3% | 15.7% | ||
| Low | -71.9% | -51.7% | -59.6% |
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.