Occidental Petroleum Corporation (OXY)

Occidental Petroleum Stock Forecast

Stock Price Forecast

According to 19 professional analysts, the 12-month price target for Occidental Petroleum stock ranges from a low of $38 to a high of $64. The average analyst price target of $51.47 forecasts a 15.38% increase in the stock price over the next year.

Price Target: $51.47 (+15.38%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$38	$51.47	$50	$64
Change	-14.82%	+15.38%	+12.08%	+43.47%

* Price targets were last updated on Jul 17, 2025.

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	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	0	0	0	0	0	0
Buy	6	5	5	5	5	4
Hold	10	12	12	12	13	13
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	18	19	19	19	20	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mark Lear Piper Sandler	Piper Sandler	Hold Maintains $48 → $50	Hold	Maintains	$48 → $50	+12.08%	Jul 17, 2025
Arun Jayaram JP Morgan	JP Morgan	Hold Maintains $47 → $48	Hold	Maintains	$47 → $48	+7.60%	Jul 15, 2025
Roger Read Wells Fargo	Wells Fargo	Hold Maintains $47 → $46	Hold	Maintains	$47 → $46	+3.12%	Jul 15, 2025
Paul Cheng Scotiabank	Scotiabank	Hold Maintains $40 → $45	Hold	Maintains	$40 → $45	+0.87%	Jul 11, 2025
Roger Read Wells Fargo	Wells Fargo	Hold Maintains $42 → $47	Hold	Maintains	$42 → $47	+5.36%	Jun 26, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

26.53B

Decreased by -0.74%

from 26.73B

Revenue Next Year

27.71B

Increased by 4.46%

from 26.53B

EPS This Year

2.60

Increased by 6.54%

from 2.44

EPS Next Year

3.17

Increased by 21.74%

from 2.60

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	17.81B	25.96B	36.63B	28.26B	26.73B	26.53B	27.71B	28.58B
Revenue Growth	-14.83%	45.75%	41.14%	-22.87%	-5.42%	-0.74%	4.46%	3.13%
EPS	-17.06	1.57	12.40	3.90	2.44	2.60	3.17	3.92
EPS Growth	-	-	689.00%	-68.52%	-37.40%	6.54%	21.74%	23.67%
Forward PE	-	-	-	-	-	17.13	14.07	11.38
No. Analysts	-	-	-	-	-	27	26	18

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

Revenue Forecast

Revenue	2025	2026	2027
High	28.3B	31.0B	31.9B
Avg	26.5B	27.7B	28.6B
Low	22.6B	25.0B	26.0B

Revenue Growth

Revenue Growth	2025	2026	2027
High	5.9%	16.8%	15.0%
Avg	-0.7%	4.5%	3.1%
Low	-15.3%	-5.7%	-6.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	5.23	5.93	5.55
Avg	2.60	3.17	3.92
Low	1.08	1.47	2.27

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	113.9%	127.8%	75.2%
Avg	6.5%	21.7%	23.7%
Low	-55.9%	-43.6%	-28.3%

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 disclaimer.