Occidental Petroleum (OXY) Stock Forecast & Price Target $58.82 +0.01 (+0.02%) Closing price 05/22/2026 03:59 PM EasternExtended Trading$59.15 +0.33 (+0.57%) As of 05/22/2026 08:00 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more. Add Compare Share Share Analyst Forecasts Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock Occidental Petroleum - Analysts' Recommendations and Stock Price Forecast (2026) How MarketBeat Calculates Price Target and Consensus Rating Consensus Rating HoldBased on 26 Analyst RatingsSell1Hold16Buy9 Based on 26 Wall Street analysts who have issued ratings for Occidental Petroleum in the last 12 months, the stock has a consensus rating of "Hold." Out of the 26 analysts, 1 has given a sell rating, 16 have given a hold rating, 8 have given a buy rating, and 1 has given a strong buy rating for OXY. Consensus Price Target $62.916.96% Upside According to the 26 analysts' twelve-month price targets for Occidental Petroleum, the average price target is $62.91. The highest price target for OXY is $75.00, while the lowest price target for OXY is $38.00. The average price target represents a forecasted upside of 6.96% from the current price of $58.82. MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. Get the Latest News and Ratings for OXY and Related Stocks Enter your email address to receive the latest news and analysts' ratings for Occidental Petroleum and its competitors. Sign Up View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. 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OXY Analyst Ratings Over TimeTypeCurrent Forecast5/25/25 to 5/25/261 Month Ago4/25/25 to 4/25/263 Months Ago2/24/25 to 2/24/261 Year Ago5/25/24 to 5/25/25Strong Buy1 Strong Buy rating(s)1 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)Buy8 Buy rating(s)8 Buy rating(s)7 Buy rating(s)5 Buy rating(s)Hold16 Hold rating(s)15 Hold rating(s)10 Hold rating(s)14 Hold rating(s)Sell1 Sell rating(s)2 Sell rating(s)6 Sell rating(s)2 Sell rating(s)Consensus Price Target$62.91$61.83$50.62$53.14Forecasted Upside6.96% Upside8.35% Upside-2.58% Downside28.68% UpsideConsensus RatingHoldHoldHoldHold OXY Analyst Recommendations By MonthAnalyst Ratings Chart DescriptionThe chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.Skip Chart & View Analyst Rating History OXY Price Targets by MonthAverage Share Price and Price Target by Month Chart DescriptionThe chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table Occidental Petroleum Stock vs. The CompetitionTypeOccidental PetroleumEnergy CompaniesBroader MarketConsensus Rating Score 2.35 2.40 2.52Consensus RatingHoldHoldModerate BuyPredicted Upside6.96% Upside31.46% Upside15.09% UpsideNews Sentiment RatingPositive NewsSee Recent OXY NewsPositive NewsPositive News Recent Analyst Forecasts and Stock Ratings All Ratings Strong Buy Buy Hold Sell Rating Show All Upside > 100% Upside 50% - 100% Upside 20% - 50% Upside 10% - 20% Upside 0% - 10% Downside 0% - 10% Downside 10% - 20% Downside 20% - 50% Downside 50% - 100% Downside > 100% Upside/Downside All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Action Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 3 Years 5 Years Time Frame Start Date End Date Most Recent from Each Brokerage All Show Export DateBrokerageAnalystActionRatingPrice TargetReport Date Upside/DownsideDetails5/21/2026 Morgan Stanley3 of 5 starsDevin McDermott5 of 5 starsBoost TargetEqual Weight$73.00 ➝ $74.00+24.26%5/21/2026 The Goldman Sachs Group3 of 5 stars UpgradeSell ➝ Neutral$64.00+8.75%5/8/2026 Truist Financial3 of 5 starsGabe DaoudNot RatedLower TargetHold$65.00 ➝ $57.00+6.44%5/7/2026 UBS GroupSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingJosh SilversteinSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower TargetNeutral$67.00 ➝ $65.00+21.20%5/7/2026 JPMorgan Chase & Co.Subscribe to MarketBeat All Access for the firm's recommendation accuracy ratingArun JayaramSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower Target$64.00 ➝ $63.00+17.47%5/6/2026 Weiss RatingsSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating UpgradeHold (C-) ➝ Hold (C+)5/4/2026 Raymond James FinancialSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetOutperform$64.00 ➝ $75.00+25.92%4/22/2026 ScotiabankSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingBetty ZhangSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetSector Perform$46.00 ➝ $57.00+0.22%4/21/2026 SusquehannaSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetPositive$60.00 ➝ $67.00+22.81%4/17/2026 CitigroupSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingScott GruberSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower TargetNeutral$67.00 ➝ $62.00+16.58%The REAL Reason Trump is Invading Iran (Ad)For a moment… Forget about Trump’s ties to Israel. 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Because my research has led me to believe we’re risking World War 3 with Iran for a completely different reason.Click here to find out what it is.4/15/2026 Roth MkmSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetNeutral$45.00 ➝ $55.00-0.57%4/13/2026 Capital One FinancialSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Lower TargetEqual Weight$69.00 ➝ $67.00+19.96%4/13/2026 Jefferies Financial GroupSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetHold$47.00 ➝ $58.00-1.69%4/9/2026 Wells Fargo & CompanySubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingSam MargolinSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetEqual Weight ➝ Overweight$69.00 ➝ $72.00+19.89%4/7/2026 BMO Capital MarketsSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetMarket Perform$60.00 ➝ $65.00+13.49%4/6/2026 Wolfe ResearchSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetOutperform$67.00 ➝ $70.00+10.91%3/31/2026 Zacks ResearchSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating UpgradeHold ➝ Strong-Buy3/31/2026 StephensSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetOverweight$59.00 ➝ $74.00+18.60%3/20/2026 HSBCSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingSamantha HohSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetBuy$59.00 ➝ $68.00+14.07%3/17/2026 MizuhoSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingNitin KumarSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetOutperform$67.00 ➝ $72.00+23.97%3/16/2026 BarclaysSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingBetty JiangSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetEqual Weight$55.00 ➝ $59.00+2.80%3/12/2026 Piper SandlerSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingMark LearSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingUpgradeNeutral ➝ Overweight$54.00 ➝ $66.00+18.82%2/27/2026 ArgusSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating UpgradeHold2/23/2026 TD CowenSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetHold$48.00 ➝ $54.00+1.81%1/27/2026 Bank of AmericaSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingJean AnnSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost Target$44.00 ➝ $45.00-0.84%10/3/2025 EvercoreSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingStephen RichardsonSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower TargetUnderperform$40.00 ➝ $38.00-15.26%Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 12:57 PM ET. Should I Buy Occidental Petroleum Stock? OXY Pros and Cons Explained These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, May 20, 2026. Please send any questions or comments about these Occidental Petroleum pros and cons to contact@marketbeat.com. Occidental Petroleum Bull Case Here are some ways that investors could benefit from investing in Occidental Petroleum Co.: Recent earnings forecasts for FY2026 have been raised, with analysts predicting earnings per share of $5.60, indicating strong growth potential. The current stock price is around $59.66, which is near the lower end of its one-year range, suggesting a potential buying opportunity for investors looking for value. Several analysts have upgraded their price targets, with Raymond James Financial recently increasing their target to $75.00, indicating confidence in the company's future performance. Occidental Petroleum Co. has a relatively low debt-to-equity ratio, which suggests a stable financial position and lower risk for investors. The company has received a mix of ratings from analysts, with a significant number issuing "Buy" ratings, reflecting positive sentiment in the market. Occidental Petroleum Bear Case Investors should be bearish about investing in Occidental Petroleum Co. for these reasons: Despite positive forecasts, the stock has experienced fluctuations, with a one-year high of $67.45 and a low of $38.80, indicating volatility that could deter risk-averse investors. Some analysts have downgraded their price targets, with Citigroup lowering theirs to $62.00, which may signal caution regarding the stock's near-term performance. The company has a relatively high P/E ratio compared to industry averages, which could suggest that the stock is overvalued at its current price. Market conditions for oil and gas can be unpredictable, and any downturn in commodity prices could adversely affect Occidental Petroleum Co.'s profitability. There are concerns about the overall energy market, which may impact investor confidence and lead to further price adjustments for the stock. OXY Forecast - Frequently Asked Questions What is Occidental Petroleum's forecast for 2026? According to the research reports of 26 Wall Street equities research analysts, the average twelve-month stock price forecast for Occidental Petroleum is $62.91, with a high forecast of $75.00 and a low forecast of $38.00. Should I buy or sell Occidental Petroleum stock right now? 26 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last year. There is currently 1 sell rating, 16 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" OXY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OXY, but not buy additional shares or sell existing shares. Does Occidental Petroleum's stock price have much upside? According to analysts, Occidental Petroleum's stock has a predicted upside of 6.96% based on their 12-month stock forecasts. Has Occidental Petroleum been upgraded by Wall Street analysts recently? Over the previous 90 days, Occidental Petroleum's stock had 10 upgrades by analysts. What analysts cover Occidental Petroleum? Occidental Petroleum has been rated by research analysts at Argus, Barclays, BMO Capital Markets, Capital One Financial, Citigroup, HSBC, Jefferies Financial Group, JPMorgan Chase & Co., Mizuho, Morgan Stanley, Piper Sandler, Raymond James Financial, Roth Mkm, Scotiabank, Stephens, Susquehanna, The Goldman Sachs Group, Truist Financial, UBS Group, Weiss Ratings, Wells Fargo & Company, Wolfe Research, and Zacks Research in the past 90 days. Do Wall Street analysts like Occidental Petroleum more than its competitors? Analysts like Occidental Petroleum less than other "energy" companies. The consensus rating score for Occidental Petroleum is 2.35 while the average consensus rating score for "energy" companies is 2.40. Learn more on how OXY compares to other companies. Stock Forecasts and Research Tools Related Companies FANG Stock Forecast KHC Stock Forecast BRK.A Stock Forecast BRK.B Stock Forecast COP Stock Forecast CVX Stock Forecast DVN Stock Forecast EOG Stock Forecast MPC Stock Forecast XOM Stock Forecast Today's Analyst Ratings U.S. Ratings U.K. Ratings Canadian Ratings All Upgrades All Downgrades All Initiations All Price Target Changes Top-Rated Stocks Top Rated Stocks Top-Rated Dividend Stocks Top-Rated Small-Cap Stocks Top-Rated Tech Stocks Most-Upgraded Stocks Most-Downgraded Stocks Lowest-Rated Stocks More Ratings Tools Stock Ratings by Issuer Top-Rated Analysts Top-Rated Brokerages Stock Ratings Screener Free Ratings Newsletter Brokerages With Occidental Petroleum RecommendationsMorgan StanleyThe Goldman Sachs GroupTruist FinancialJPMorgan Chase & Co.UBS GroupWeiss RatingsRaymond James FinancialScotiabankSusquehannaCitigroupRoth MkmJefferies Financial GroupCapital One FinancialWells Fargo & CompanyBMO Capital Markets This page (NYSE:OXY) was last updated on 5/25/2026 by MarketBeat.com Staff. 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