Occidental Petroleum Corporation (OXY)
NYSE: OXY · Real-Time Price · USD
51.82
-1.22 (-2.30%)
At close: Jun 18, 2026, 4:00 PM EDT
51.83
+0.01 (0.02%)
After-hours: Jun 18, 2026, 7:59 PM EDT

Occidental Petroleum Stock Forecast

Stock Price Forecast

According to 25 analysts polled by S&P Global, Occidental Petroleum stock has a consensus rating of "Hold" and an average price target of $65.5. The average 1-year stock price forecast is 26.40% higher than the current stock price, while the lowest is $55 (+6.14%) and the highest is $75 (+44.73%).

Price Target: $65.5 (+26.40%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price$55$65.5$65$75
Change+6.14%+26.40%+25.43%+44.73%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy556666
Buy212122
Hold151615151515
Sell111111
Strong Sell332211
Total262626252525

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Mizuho Securities
Mizuho Securities
Buy
Maintains
$72$75
BuyMaintains$72$75+44.73%May 27, 2026
Barclays
Barclays
Buy
Upgrades
$59$72
BuyUpgrades$59$72+38.94%May 26, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$73$74
HoldMaintains$73$74+42.80%May 22, 2026
Goldman Sachs
Goldman Sachs
Hold
Upgrades
$57$64
HoldUpgrades$57$64+23.50%May 21, 2026
Citi
Citi
Hold
Maintains
$67$62
HoldMaintains$67$62+19.64%May 20, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
25.96B
from 21.59B
Increased by 20.23%
Revenue Next Year
24.71B
from 25.96B
Decreased by -4.83%
EPS This Year
5.66
from 2.21
Increased by 156.27%
EPS Next Year
4.03
from 5.66
Decreased by -28.78%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
25.96B36.63B23.16B22.02B21.59B25.96B
Revenue Growth
45.75%41.14%-36.79%-4.91%-1.94%20.23%
Gross Profit
16.30B24.57B14.88B15.24B15.08B24.33B
Gross Margin
62.79%67.07%64.27%69.22%69.82%93.71%
Operating Income
4.38B13.67B4.57B4.36B3.72B9.02B
Net Income
2.32B13.30B4.70B3.06B2.33B7.76B
EPS
----2.215.66
EPS Growth
-----36.13%156.27%
Forward PE
8.708.3613.3316.0522.589.15
Dividend / Share
0.040.520.720.880.961.02
Dividend Growth
-1,200.00%38.46%22.22%9.09%6.70%
Free Cash Flow
8.58B9.37B4.17B3.78B2.05B8.97B
No. Analysts
-----11
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High28.0B
Avg26.0B
Low24.1B

Revenue Growth

Revenue Growth202620272028
High
29.5%
Avg
20.2%
Low
11.5%

EPS Forecast

EPS202620272028
High10.37
Avg5.66
Low2.22

EPS Growth

EPS Growth202620272028
High
369.0%
Avg
156.3%
Low
0.5%