Occidental Petroleum Corporation (OXY)
NYSE: OXY · Real-Time Price · USD
62.50
-0.20 (-0.32%)
At close: Oct 22, 2026, 4:00 PM EDT
62.60
+0.10 (0.16%)
After-hours: Oct 22, 2026, 6:00 PM EDT

Occidental Petroleum Stock Forecast

Stock Price Forecast

According to 27 analysts polled by S&P Global, Occidental Petroleum stock has a consensus rating of "Buy" and an average price target of $69.58. The average 1-year stock price forecast is 11.33% higher than the current stock price, while the lowest is $59 (-5.60%) and the highest is $82 (+31.20%).

Price Target: $69.58 (+11.33%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$59$69.58$70$82
Change-5.60%+11.33%+12.00%+31.20%

Analyst Ratings

The average analyst rating for Occidental Petroleum stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy6677810
Buy222222
Hold151414151615
Sell111000
Strong Sell110000
Total252424242627

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Hold
Maintains
$71
HoldMaintains$71+13.60%Oct 21, 2026
Bank of America Securities
Bank of America Securities
Hold
Reiterates
$59 → $67
HoldReiterates$59 → $67+7.20%Oct 21, 2026
Susquehanna
Susquehanna
Buy
Maintains
$70 → $77
BuyMaintains$70 → $77+23.20%Oct 20, 2026
Stephens
Stephens
Buy
Reiterates
$80
BuyReiterates$80+28.00%Oct 19, 2026
J.P. Morgan
J.P. Morgan
Hold
Maintains
$64 → $70
HoldMaintains$64 → $70+12.00%Oct 17, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
27.22B
from 21.59B
Increased by 26.04%
Revenue Next Year
25.47B
from 27.22B
Decreased by -6.41%
EPS This Year
6.68
from 2.21
Increased by 202.42%
EPS Next Year
4.76
from 6.68
Decreased by -28.73%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
25.96B36.63B23.16B22.02B21.59B27.22B
Revenue Growth
45.75%41.14%-36.79%-4.91%-1.94%26.04%
Operating Income
4.38B13.67B4.57B4.36B3.72B10.24B
Net Income
2.32B13.30B4.70B3.06B2.33B9.05B
EPS
----2.216.68
EPS Growth
-----36.13%202.42%
Forward PE
8.708.3613.3316.0522.589.35
Dividend / Share
0.040.520.720.880.961.04
Dividend Growth
-95.12%1,200.00%38.46%22.22%9.09%8.59%
Free Cash Flow
----3.05B9.12B
No. Analysts
-----14
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High29.0B
Avg27.2B
Low25.3B

Revenue Growth

Revenue Growth202620272028
High
34.2%
Avg
26.0%
Low
17.3%

EPS Forecast

EPS202620272028
High8.55
Avg6.68
Low5.10

EPS Growth

EPS Growth202620272028
High
286.9%
Avg
202.4%
Low
130.8%