Occidental Petroleum (OXY) Stock Forecast, Price Target & Predictions


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OXY Stock Forecast


Occidental Petroleum (OXY) stock forecast, based on 52 Wall Street analysts, predicts a 12-month average price target of $62.31, with a high of $75.00 and a low of $45.00. This represents a 9.12% increase from the last price of $57.10.

$45 $51 $57 $63 $69 $75 High: $75 Avg: $62.31 Low: $45 Last Closed Price: $57.1

OXY Stock Rating


Occidental Petroleum stock's rating consensus is Buy, based on 52 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 25 Buy (48.08%), 23 Hold (44.23%), 4 Sell (7.69%), and 0 Strong Sell (0.00%).

Buy
Total 52 4 23 25 0 Strong Sell Sell Hold Buy Strong Buy

OXY Price Target Upside V Benchmarks


TypeNameUpside
StockOccidental Petroleum9.12%
SectorEnergy Stocks 6.57%
IndustryOil & Gas Exploration & Production Stocks11.10%

Price Target Trends


1M3M12M
# Anlaysts3935
Avg Price Target$70.33$68.33$55.57
Last Closing Price$57.10$57.10$57.10
Upside/Downside23.17%19.67%-2.68%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 2626151125
May, 2616152125
Apr, 2626152126
Mar, 2615163126
Feb, 2625153126
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 27, 2026Mizuho Securities$75.00$57.4630.53%31.35%
May 26, 2026Betty JiangBarclays$72.00$58.8122.43%26.09%
May 20, 2026Goldman Sachs$64.00$58.878.71%12.08%
May 08, 2026Truist Financial$57.00$54.025.52%-0.18%
May 07, 2026UBS$65.00$53.6921.07%13.84%
May 04, 2026Raymond James$75.00$59.2426.60%31.35%
Apr 09, 2026Sam MargolinWells Fargo$72.00$58.5323.01%26.09%
Mar 12, 2026Roger ReadWells Fargo$69.00$55.5824.15%20.84%
Mar 12, 2026Mark LearPiper Sandler$66.00$55.5818.75%15.59%
Feb 23, 2026BMO Capital$60.00$52.9813.25%5.08%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
May 26, 2026HSBCBuySector Weightinitialise
May 26, 2026BarclaysEqual-WeightOverweightupgrade
May 20, 2026Goldman SachsSellNeutralupgrade
May 04, 2026Raymond JamesOutperformOutperformhold
Apr 09, 2026Wells FargoOverweightOverweighthold
Mar 12, 2026Wells FargoEqual-WeightOverweightupgrade
Mar 12, 2026Piper SandlerNeutralOverweightupgrade
Feb 23, 2026Cowen & Co.HoldHoldhold
Feb 23, 2026BMO CapitalMarket PerformMarket Performhold
Feb 20, 2026SusquehannaPositivePositivehold

Financial Forecast


EPS Forecast

$0 $3 $6 $9 $12 $15 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.62$13.41$4.22$2.59----
Avg Forecast$2.14$9.68$3.70$3.40$3.49$4.02$4.03$3.99
High Forecast$2.29$10.17$3.98$3.61$5.26$5.61$4.65$4.25
Low Forecast$1.86$8.84$3.55$3.18$1.29$1.90$3.41$3.52
Surprise %-24.30%38.53%14.05%-23.82%----

Revenue Forecast

$20B $24B $28B $32B $36B $40B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$25.96B$36.25B$28.33B$27.10B$21.59B---
Avg Forecast$25.42B$37.21B$28.26B$27.21B$28.69B$29.65B$29.54B$29.25B
High Forecast$26.78B$38.66B$28.55B$27.34B$29.64B$29.86B$31.00B$30.70B
Low Forecast$22.90B$34.74B$27.85B$27.07B$27.93B$29.43B$26.84B$26.58B
Surprise %2.13%-2.58%0.24%-0.42%-24.74%---

Net Income Forecast

$0 $3B $6B $9B $12B $15B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.31B$13.22B$4.67B$3.04B$4.07B---
Avg Forecast$2.06B$9.66B$3.75B$3.26B$3.50B$4.11B$4.46B$3.84B
High Forecast$2.20B$11.59B$4.50B$3.47B$5.06B$5.39B$4.47B$4.08B
Low Forecast$1.79B$7.73B$3.00B$3.05B$1.24B$1.83B$3.28B$3.38B
Surprise %12.45%36.89%24.61%-6.72%16.36%---

OXY Forecast FAQ


Is Occidental Petroleum stock a buy?

Occidental Petroleum stock has a consensus rating of Buy, based on 52 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 25 Buy, 23 Hold, 4 Sell, and 0 Strong Sell, reflecting a consensus that Occidental Petroleum is a favorable investment for most analysts.

What is Occidental Petroleum's price target?

Occidental Petroleum's price target, set by 52 Wall Street analysts, averages $62.31 over the next 12 months. The price target range spans from $45 at the low end to $75 at the high end, suggesting a potential 9.12% change from the previous closing price of $57.1.

How does Occidental Petroleum stock forecast compare to its benchmarks?

Occidental Petroleum's stock forecast shows a 9.12% upside, outperforming the average forecast for the energy stocks sector (6.57%) and underperforming the oil & gas exploration & production stocks industry (11.10%).

What is the breakdown of analyst ratings for Occidental Petroleum over the past three months?

  • June 2026: 8.00% Strong Buy, 24.00% Buy, 60.00% Hold, 4.00% Sell, 4.00% Strong Sell.
  • May 2026: 4.00% Strong Buy, 24.00% Buy, 60.00% Hold, 8.00% Sell, 4.00% Strong Sell.
  • April 2026: 7.69% Strong Buy, 23.08% Buy, 57.69% Hold, 7.69% Sell, 3.85% Strong Sell.

What is Occidental Petroleum’s EPS forecast?

Occidental Petroleum's average annual EPS forecast for its fiscal year ending in December 2026 is $4.02, marking a 0% decrease from the reported $0 in 2025. Estimates for the following years are $4.03 in 2027, and $3.99 in 2028.

What is Occidental Petroleum’s revenue forecast?

Occidental Petroleum's average annual revenue forecast for its fiscal year ending in December 2026 is $29.65B, reflecting a 37.31% increase from the reported $21.59B in 2025. The forecast for 2027 is $29.54B, and $29.26B for 2028.

What is Occidental Petroleum’s net income forecast?

Occidental Petroleum's net income forecast for the fiscal year ending in December 2026 stands at $4.11B, representing an 0.99% increase from the reported $4.07B in 2025. Projections indicate $4.46B in 2027, and $3.84B in 2028.