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 $69.55, with a high of $79.00 and a low of $63.00. This represents a 13.46% increase from the last price of $61.30.

$45 $52 $59 $66 $73 $80 High: $79 Avg: $69.55 Low: $63 Last Closed Price: $61.3

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%), 26 Buy (50.00%), 23 Hold (44.23%), 3 Sell (5.77%), and 0 Strong Sell (0.00%).

Buy
Total 52 0 3 23 26 Strong Sell Sell Hold Buy Strong Buy

OXY Price Target Upside V Benchmarks


TypeNameUpside
StockOccidental Petroleum13.46%
SectorEnergy Stocks 7.59%
IndustryOil & Gas Exploration & Production Stocks13.68%

Price Target Trends


1M3M12M
# Anlaysts2842
Avg Price Target$72.00$70.38$58.64
Last Closing Price$61.30$61.30$61.30
Upside/Downside17.46%14.81%-4.34%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Sep, 262715--24
Aug, 262714-124
Jul, 2626141124
Jun, 2626151125
May, 2616152125
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 03, 2026Seaport Global$73.00$60.9119.85%19.09%
Aug 17, 2026Betty JiangBarclays$71.00$58.3621.66%15.82%
Aug 10, 2026Gabe DaoudTruist Financial$63.00$57.998.64%2.77%
Aug 07, 2026Morgan Stanley$69.00$56.0623.08%12.56%
Aug 07, 2026Wells Fargo$79.00$56.0440.97%28.87%
Aug 06, 2026Barclays$75.00$53.8139.38%22.35%
Jul 08, 2026Evercore ISI$65.00$51.6825.77%6.04%
Jun 29, 2026Morgan Stanley$68.00$49.9936.03%10.93%
May 27, 2026Mizuho Securities$75.00$57.4630.53%22.35%
May 26, 2026Betty JiangBarclays$72.00$58.8122.43%17.46%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Sep 03, 2026Seaport GlobalBuyinitialise
Aug 07, 2026Wells FargoOverweightOverweighthold
Aug 06, 2026BarclaysOverweightOverweighthold
Jul 17, 2026CitigroupNeutralNeutralhold
Jul 08, 2026Evercore ISIOutperformupgrade
May 26, 2026HSBCBuySector Weightinitialise
May 26, 2026BarclaysEqual-WeightOverweightupgrade
May 20, 2026Goldman SachsSellNeutralupgrade
May 04, 2026Raymond JamesOutperformOutperformhold
Apr 09, 2026Wells FargoOverweightOverweighthold

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, 26 Buy, 23 Hold, 3 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 $69.55 over the next 12 months. The price target range spans from $63 at the low end to $79 at the high end, suggesting a potential 13.46% change from the previous closing price of $61.3.

How does Occidental Petroleum stock forecast compare to its benchmarks?

Occidental Petroleum's stock forecast shows a 13.46% upside, outperforming the average forecast for the energy stocks sector (7.59%) and underperforming the oil & gas exploration & production stocks industry (13.68%).

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

  • September 2026: 8.33% Strong Buy, 29.17% Buy, 62.50% Hold, 0% Sell, 0% Strong Sell.
  • August 2026: 8.33% Strong Buy, 29.17% Buy, 58.33% Hold, 0% Sell, 4.17% Strong Sell.
  • July 2026: 8.33% Strong Buy, 25.00% Buy, 58.33% Hold, 4.17% Sell, 4.17% 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.