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Occidental Petroleum Corporation (OXY) Stock Forecast

Data as of May 2, 2026

Energy · Current price $58.83 (-2.86%)

Consensus Target
$56.36
Upside
-3.7%
Analysts
30
Rating
Hold(2.83)

Price Target Range

Low $45.00Consensus $56.36High $69.00
▲ Current $58.83

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Hold
Strong Buy0
Buy6
Hold11
Sell2
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Apr 9, 2026Sam MargolinWells Fargo$72.00+22.4%
Mar 12, 2026Roger ReadWells Fargo$69.00+17.3%
Mar 12, 2026Mark LearPiper Sandler$66.00+12.2%
Feb 20, 2026Charles MinervinoSusquehanna$60.00+2.0%
Feb 20, 2026Devin McDermottMorgan Stanley$53.00-9.9%
Jan 26, 2026Charles MinervinoSusquehanna$51.00-13.3%
Nov 25, 2025John FreemanRaymond James$50.00-15.0%
Nov 20, 2025Devin McDermottMorgan Stanley$51.00-13.3%
Nov 18, 2025Mark LearPiper Sandler$46.00-21.8%
Nov 11, 2025Nitin KumarMizuho Securities$64.00+8.8%
Oct 21, 2025Ryan ToddPiper Sandler$47.00-20.1%
Oct 9, 2025Paul ChengScotiabank$47.00-20.1%
Sep 29, 2025Betty JiangBarclays$48.00-18.4%
Sep 15, 2025Nitin KumarMizuho Securities$58.00-1.4%
Jul 11, 2025Paul ChengScotiabank$45.00-23.5%
Mar 26, 2025Devin McDermottMorgan Stanley$58.00-1.4%
Jan 23, 2025Leo MarianiRoth Capital$54.00-8.2%
Dec 19, 2024Ryan ToddPiper Sandler$51.00-13.3%
Oct 18, 2024Biju PerincherilSusquehanna$77.00+30.9%
Oct 17, 2024Jean Ann SalisburyBank of America Securities$57.00-3.1%

OXY vs Sector & Market

MetricOXYEnergy AvgLarge Cap Avg
Analyst Rating2.832.532.41
Analyst Count301018
Target Upside-3.7%+33.7%+14.9%
P/E Ratio36.5130.7831.19

Revenue Estimates

PeriodLowAvgHigh#
2026-12-31$22.06B$25.27B$26.91B8
2027-03-31$5.00B$6.07B$6.71B3
2027-06-30$5.05B$6.14B$6.79B3
2027-09-30$5.12B$6.23B$6.88B3
2027-12-31$5.23B$6.35B$7.02B3
2028-03-31$5.25B$6.38B$7.05B2
2028-06-30$5.28B$6.41B$7.08B2
2028-09-30$5.29B$6.43B$7.10B2
2028-12-31$5.35B$6.50B$7.18B2
2029-12-31$22.27B$24.73B$26.57B5
2030-12-31$22.14B$24.58B$26.41B3

EPS Estimates

PeriodLowAvgHigh#
2026-12-31$0.35$4.00$6.5014
2027-03-31$0.75$0.98$1.115
2027-06-30$0.69$0.90$1.025
2027-09-30$0.73$0.94$1.075
2027-12-31$0.75$0.97$1.105
2028-03-31$0.81$1.06$1.206
2028-06-30$0.79$1.03$1.166
2028-09-30$0.82$1.07$1.217
2028-12-31$0.82$1.06$1.219
2029-12-31$2.89$3.31$3.644
2030-12-31$4.06$4.66$5.112

Frequently Asked Questions

What is the analyst consensus for OXY?

The consensus among 30 analysts covering Occidental Petroleum Corporation (OXY) is Hold with an average price target of $56.36.

What is the highest price target for OXY?

The highest price target for OXY is $90.00, set by Paul Cheng at Scotiabank on 2024-04-11.

What is the lowest price target for OXY?

The lowest price target for OXY is $24.00, set by Lloyd Byrne at UBS on 2021-06-30.

How many analysts cover OXY?

30 analysts have issued ratings for Occidental Petroleum Corporation in the past 12 months.

Is OXY a buy or sell right now?

Based on 30 analyst ratings, OXY has a consensus rating of Hold (2.83/5) with a -3.7% upside to the consensus target of $56.36.

What are the earnings estimates for OXY?

Analysts estimate OXY will report EPS of $4.00 for the period ending 2026-12-31, with revenue estimated at $25.27B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.