Occidental Petroleum Corporation (OXY)
NYSE: OXY · Real-Time Price · USD
56.63
-0.69 (-1.20%)
At close: May 29, 2026, 4:00 PM EDT
56.58
-0.05 (-0.09%)
After-hours: May 29, 2026, 7:58 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 $65.54. The average 1-year stock price forecast is 15.73% higher than the current stock price, while the lowest is $55 (-2.88%) and the highest is $75 (+32.44%).
Price Target: $65.54 (+15.73%)
Analyst Consensus: Hold
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 6 | 6 | 6 |
| Buy | 2 | 2 | 1 | 2 | 1 | 2 |
| Hold | 14 | 15 | 16 | 15 | 15 | 15 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 3 | 3 | 3 | 2 | 2 | 1 |
| Total | 25 | 26 | 26 | 26 | 25 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho Securities | Mizuho Securities | Buy Maintains $72 → $75 | Buy | Maintains | $72 → $75 | +32.44% | May 27, 2026 |
| Barclays | Barclays | Buy Upgrades $59 → $72 | Buy | Upgrades | $59 → $72 | +27.14% | May 26, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $73 → $74 | Hold | Maintains | $73 → $74 | +30.67% | May 22, 2026 |
| Goldman Sachs | Goldman Sachs | Hold Upgrades $57 → $64 | Hold | Upgrades | $57 → $64 | +13.01% | May 21, 2026 |
| Citi | Citi | Hold Maintains $67 → $62 | Hold | Maintains | $67 → $62 | +9.48% | May 20, 2026 |
Financial Forecast
Revenue This Year
26.26B
from 21.59B
Increased by 21.61%
Revenue Next Year
25.25B
from 26.26B
Decreased by -3.86%
EPS This Year
5.43
from 1.61
Increased by 236.55%
EPS Next Year
4.03
from 5.43
Decreased by -25.73%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 31.3B | 28.4B | |
| Avg | 26.3B | 25.2B | |
| Low | 21.5B | 22.5B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 44.8% | 8.1% | |
| Avg | 21.6% | -3.9% | |
| Low | -0.6% | -14.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 10.88 | 5.57 | |||
| Avg | 5.43 | 4.03 | |||
| Low | 2.17 | 2.40 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 575.2% | 2.6% | |||
| Avg | 236.6% | -25.7% | |||
| Low | 34.8% | -55.7% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.