Occidental Petroleum Corporation (OXY)

Occidental Petroleum Stock Forecast

Stock Price Forecast

The 21 analysts that cover Occidental Petroleum stock have a consensus rating of "Hold" and an average price target of $57.33, which forecasts a 4.98% increase in the stock price over the next year. The lowest target is $38 and the highest is $72.

Price Target: $57.33 (+4.98%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$38	$57.33	$59	$72
Change	-30.42%	+4.98%	+8.04%	+31.84%

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	1	1	1	1	1	1
Buy	4	5	5	6	5	5
Hold	14	11	12	13	13	13
Sell	3	3	3	1	1	1
Strong Sell	1	1	0	1	1	1
Total	23	21	21	22	21	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gabe Daoud Truist Securities	Truist Securities	Hold Maintains $65 → $57	Hold	Maintains	$65 → $57	+4.38%	May 8, 2026
Betty Zhang Scotiabank	Scotiabank	Hold Maintains $46 → $57	Hold	Maintains	$46 → $57	+4.38%	Apr 22, 2026
Josh Silverstein UBS	UBS	Hold Maintains $64 → $67	Hold	Maintains	$64 → $67	+22.69%	Apr 13, 2026
Sam Margolin Wells Fargo	Wells Fargo	Buy Maintains $69 → $72	Buy	Maintains	$69 → $72	+31.84%	Apr 9, 2026
Scott Gruber Citigroup	Citigroup	Hold Maintains $45 → $67	Hold	Maintains	$45 → $67	+22.69%	Mar 30, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

25.10B

Increased by 16.23%

from 21.59B

Revenue Next Year

24.56B

Decreased by -2.13%

from 25.10B

EPS This Year

4.34

Increased by 169.11%

from 1.61

EPS Next Year

3.72

Decreased by -14.32%

from 4.34

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	25.96B	36.63B	23.16B	22.02B	21.59B	25.10B	24.56B
Revenue Growth	45.75%	41.14%	-36.79%	-4.91%	-1.94%	16.23%	-2.13%
EPS	1.57	12.40	3.90	2.45	1.61	4.34	3.72
EPS Growth	-	689.00%	-68.52%	-37.28%	-34.18%	169.11%	-14.32%
Forward PE	-	-	-	-	-	12.59	14.69
No. Analysts	-	-	-	-	-	28	27

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029	2030	2031	2032	2033
High	30.6B	28.6B
Avg	25.1B	24.6B
Low	18.9B	21.9B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030	2031	2032	2033
High	41.7%	14.0%
Avg	16.2%	-2.1%
Low	-12.6%	-12.8%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	7.27	5.74
Avg	4.34	3.72
Low	1.35	1.23

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	350.8%	32.4%
Avg	169.1%	-14.3%
Low	-16.1%	-71.8%

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 sources.