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Occidental Petroleum Corporation (OXY)
NYSE: OXY · Real-Time Price · USD
61.13
+1.02 (1.70%)
At close: Oct 12, 2026, 4:00 PM EDT
61.26
+0.13 (0.21%)
Pre-market: Oct 13, 2026, 5:06 AM EDT

Occidental Petroleum Stock Forecast

Stock Price Forecast

According to 26 analysts polled by S&P Global, Occidental Petroleum stock has a consensus rating of "Buy" and an average price target of $68.48. The average 1-year stock price forecast is 12.02% higher than the current stock price, while the lowest is $55 (-10.03%) and the highest is $82 (+34.14%).

Price Target: $68.48 (+12.02%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$55$68.48$69$82
Change-10.03%+12.02%+12.87%+34.14%

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 Buy667789
Buy222222
Hold151414151615
Sell111000
Strong Sell110000
Total252424242626

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Buy
Maintains
$71
BuyMaintains$71+16.15%Oct 5, 2026
Goldman Sachs
Goldman Sachs
Buy
Upgrades
$63 → $69
BuyUpgrades$63 → $69+12.87%Oct 1, 2026
Wells Fargo
Wells Fargo
Buy
Maintains
$79 → $82
BuyMaintains$79 → $82+34.14%Sep 14, 2026
UBS
UBS
Hold
Reiterates
$59 → $67
HoldReiterates$59 → $67+9.60%Sep 14, 2026
Evercore ISI
Evercore ISI
Buy
Maintains
$65 → $70
BuyMaintains$65 → $70+14.51%Sep 11, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
26.64B
from 21.59B
Increased by 23.38%
Revenue Next Year
24.54B
from 26.64B
Decreased by -7.89%
EPS This Year
6.24
from 2.21
Increased by 182.18%
EPS Next Year
4.09
from 6.24
Decreased by -34.49%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
25.96B36.63B23.16B22.02B21.59B26.64B
Revenue Growth
45.75%41.14%-36.79%-4.91%-1.94%23.38%
Operating Income
4.38B13.67B4.57B4.36B3.72B9.50B
Net Income
2.32B13.30B4.70B3.06B2.33B8.78B
EPS
----2.216.24
EPS Growth
-----36.13%182.18%
Forward PE
8.708.3613.3316.0522.589.80
Dividend / Share
0.040.520.720.880.961.05
Dividend Growth
-95.12%1,200.00%38.46%22.22%9.09%9.11%
Free Cash Flow
----3.05B9.04B
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High28.4B
Avg26.6B
Low25.3B

Revenue Growth

Revenue Growth202620272028
High
31.5%
Avg
23.4%
Low
17.3%

EPS Forecast

EPS202620272028
High8.07
Avg6.24
Low4.74

EPS Growth

EPS Growth202620272028
High
265.2%
Avg
182.2%
Low
114.3%