Occidental Petroleum Corporation (OXY)
NYSE: OXY · Real-Time Price · USD
57.79
-0.05 (-0.09%)
Oct 2, 2026, 2:05 PM EDT - Market open
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 $68.24. The average 1-year stock price forecast is 18.08% higher than the current stock price, while the lowest is $55 (-4.83%) and the highest is $82 (+41.89%).
Price Target: $68.24 (+18.08%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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
| Rating | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 7 | 7 | 8 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 15 | 15 | 14 | 14 | 15 | 16 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 2 | 1 | 1 | 0 | 0 | 0 |
| Total | 25 | 25 | 24 | 24 | 24 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Buy Maintains $63 → $69 | Buy | Maintains | $63 → $69 | +19.40% | Oct 1, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $79 → $82 | Buy | Maintains | $79 → $82 | +41.89% | Sep 14, 2026 |
| UBS | UBS | Hold Reiterates $59 → $67 | Hold | Reiterates | $59 → $67 | +15.94% | Sep 14, 2026 |
| Evercore ISI | Evercore ISI | Buy Maintains $65 → $70 | Buy | Maintains | $65 → $70 | +21.13% | Sep 11, 2026 |
| Stifel Nicolaus | Stifel Nicolaus | Hold Initiates $68 | Hold | Initiates | $68 | +17.67% | Sep 9, 2026 |
Financial Forecast
Revenue This Year
26.58B
from 21.59B
Increased by 23.10%
Revenue Next Year
24.52B
from 26.58B
Decreased by -7.77%
EPS This Year
6.16
from 2.21
Increased by 178.74%
EPS Next Year
4.03
from 6.16
Decreased by -34.60%
EPS and Forward PE are based on non-GAAP adjusted numbers.