Occidental Petroleum (OXY) Stock Forecast & Price Target

$59.12 -0.05 (-0.08%)

As of 08/28/2026 03:58 PM Eastern

Compare

Occidental Petroleum - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Hold

Based on 26 Analyst Ratings

Sell
0

Hold
16

Buy
10

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, 16 have given a hold rating, and 10 have given a buy rating for OXY.

Consensus Price Target

$64.83
9.65% Upside

According to the 26 analysts' twelve-month price targets for Occidental Petroleum, the average price target is $64.83. The highest price target for OXY is $79.00, while the lowest price target for OXY is $45.00. The average price target represents a forecasted upside of 9.65% from the current price of $59.12.

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.

SMS 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. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

OXY Analyst Ratings Over Time

Type	Current Forecast 8/29/25 to 8/29/26	1 Month Ago 7/30/25 to 7/30/26	3 Months Ago 5/31/25 to 5/31/26	1 Year Ago 8/29/24 to 8/29/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	10 Buy rating(s)	10 Buy rating(s)	9 Buy rating(s)	4 Buy rating(s)
Hold	16 Hold rating(s)	16 Hold rating(s)	15 Hold rating(s)	15 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$64.83	$64.17	$63.74	$53.76
Forecasted Upside	9.65% Upside	14.79% Upside	12.53% Upside	12.83% Upside
Consensus Rating	Hold	Hold	Hold	Hold

OXY Analyst Recommendations By Month

The 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.

OXY Price Targets by Month

The 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.

Occidental Petroleum Stock vs. The Competition

Type	Occidental Petroleum	Energy Companies	Broader Market
Consensus Rating Score	2.38	2.42	2.53
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	9.65% Upside	34.75% Upside	13.05% Upside
News Sentiment Rating	Positive News See Recent OXY News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
8/25/2026	Weiss Ratings 5 of 5 stars		Downgrade	Hold (C+) ➝ Hold (C)
8/17/2026	Barclays 3 of 5 stars	Betty Jiang 4 of 5 stars	Lower Target	Overweight	$75.00 ➝ $71.00	+21.45%
8/11/2026	Susquehanna 4 of 5 stars	Biju Perincheril 5 of 5 stars	Boost Target	Positive	$67.00 ➝ $70.00	+19.62%
8/10/2026	Truist Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Gabe Daoud Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Hold	$57.00 ➝ $63.00	+7.38%
8/7/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Sam Margolin Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$72.00 ➝ $79.00	+42.31%
7/17/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Scott Gruber Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$62.00 ➝ $60.00	+9.56%
7/14/2026	Stephens Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Mike Scialla Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$73.00 ➝ $69.00	+25.66%
7/8/2026	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	In-Line ➝ Outperform	$65.00	+25.72%
6/30/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Neutral	$64.00 ➝ $60.00	+21.58%
6/26/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Devin McDermott Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Equal Weight	$74.00 ➝ $68.00	+36.19%
Get the Latest News and Ratings for OXY and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Occidental Petroleum and its competitors with MarketBeat's FREE daily newsletter.
6/22/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Strong-Buy ➝ Hold
5/27/2026	Capital One Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target		$67.00 ➝ $70.00	+21.74%
5/27/2026	Mizuho Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Nitin Kumar Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$72.00 ➝ $75.00	+30.12%
5/7/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Josh Silverstein Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$67.00 ➝ $65.00	+21.20%
5/7/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Arun Jayaram Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target		$64.00 ➝ $63.00	+17.47%
5/4/2026	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Outperform	$64.00 ➝ $75.00	+25.92%
4/22/2026	Scotiabank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Betty Zhang Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Sector Perform	$46.00 ➝ $57.00	+0.22%
4/15/2026	Roth Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Neutral	$45.00 ➝ $55.00	-0.57%
4/13/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Hold	$47.00 ➝ $58.00	-1.69%
4/7/2026	BMO Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Market Perform	$60.00 ➝ $65.00	+13.49%
4/6/2026	Wolfe Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Outperform	$67.00 ➝ $70.00	+10.91%
3/20/2026	HSBC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Samantha Hoh Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$59.00 ➝ $68.00	+14.07%
3/12/2026	Piper Sandler Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Mark Lear Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Neutral ➝ Overweight	$54.00 ➝ $66.00	+18.82%
2/27/2026	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold
2/23/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Hold	$48.00 ➝ $54.00	+1.81%
1/27/2026	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jean Ann Salisbury Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target		$44.00 ➝ $45.00	-0.84%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 01:51 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 Tuesday, August 25, 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.:

The current stock price is around $67, which is significantly higher than its 12-month low of $38.80, indicating strong market performance.
Occidental Petroleum Co. reported impressive quarterly earnings of $2.40 per share, surpassing analyst expectations, which reflects robust financial health.
The company experienced a substantial revenue increase of over 53% compared to the same quarter last year, showcasing strong growth potential.
Occidental Petroleum Co. has recently increased its quarterly dividend to $0.28 per share, demonstrating a commitment to returning value to shareholders.
With a return on equity of 15.31%, the company shows effective management of shareholder equity, which is a positive indicator for investors.

Occidental Petroleum
Bear Case

Investors should be bearish about investing in Occidental Petroleum Co. for these reasons:

The dividend payout ratio is currently around 17.34%, which, while sustainable, may limit future dividend increases if earnings do not continue to grow.
Despite recent successes, the oil and gas industry can be volatile, and fluctuations in oil prices may impact future earnings and stock performance.
Analysts predict earnings per share for the current fiscal year to be around 5.81, which may indicate slower growth compared to the previous year.
Occidental Petroleum Co. operates in a highly competitive market, which could pose challenges in maintaining its market share and profitability.
Investors should consider the potential environmental regulations and shifts towards renewable energy, which could impact the long-term viability of fossil fuel investments.

OXY Forecast - Frequently Asked Questions

According to the research reports of 26 Wall Street equities research analysts, the average twelve-month stock price forecast for Occidental Petroleum is $64.83, with a high forecast of $79.00 and a low forecast of $45.00.

26 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last year. There are currently 16 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities 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.

According to analysts, Occidental Petroleum's stock has a predicted upside of 9.65% based on their 12-month stock forecasts.

Over the previous 90 days, Occidental Petroleum's stock had 3 downgrades and 2 upgrades by analysts.

Occidental Petroleum has been rated by research analysts at Barclays, Citigroup, Evercore, Morgan Stanley, Stephens, Susquehanna, The Goldman Sachs Group, Truist Financial, Weiss Ratings, Wells Fargo & Company, and Zacks Research in the past 90 days.

Analysts like Occidental Petroleum less than other "energy" companies. The consensus rating score for Occidental Petroleum is 2.38 while the average consensus rating score for "energy" companies is 2.42. Learn more on how OXY compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Occidental Petroleum Recommendations

MarketBeat monitors more than a dozen sources for Occidental Petroleum analyst ratings, with the most recent rating issued on 8/25/2026.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Occidental Petroleum (OXY) Stock Forecast & Price Target

Occidental Petroleum - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

OXY Analyst Ratings Over Time

OXY Analyst Recommendations By Month

OXY Price Targets by Month

Occidental Petroleum Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Occidental Petroleum Stock? OXY Pros and Cons Explained

Occidental Petroleum
Bull Case

Occidental Petroleum
Bear Case

OXY Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Occidental Petroleum Recommendations

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Occidental Petroleum (OXY) Stock Forecast & Price Target

Occidental Petroleum - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

OXY Analyst Ratings Over Time

OXY Analyst Recommendations By Month

OXY Price Targets by Month

Occidental Petroleum Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Occidental Petroleum Stock? OXY Pros and Cons Explained

Occidental Petroleum Bull Case

Occidental Petroleum Bear Case

OXY Forecast - Frequently Asked Questions

What is Occidental Petroleum's forecast for 2026?

Should I buy or sell Occidental Petroleum stock right now?

Does Occidental Petroleum's stock price have much upside?

Has Occidental Petroleum been upgraded or downgraded by Wall Street analysts recently?

What analysts cover Occidental Petroleum?

Do Wall Street analysts like Occidental Petroleum more than its competitors?

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Occidental Petroleum Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Occidental Petroleum
Bull Case

Occidental Petroleum
Bear Case