Occidental Petroleum (OXY) Stock Forecast & Price Target

$39.76 +0.74 (+1.88%)

As of 10:59 AM Eastern

Occidental Petroleum - Analysts' Recommendations and Stock Price Forecast (2025)

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.

Consensus Rating

Hold

Based on 21 Analyst Ratings

Sell
2

Hold
14

Buy
5

Based on 21 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 21 analysts, 2 have given a sell rating, 14 have given a hold rating, and 5 have given a buy rating for OXY.

Consensus Price Target

$55.33
39.19% Upside

According to the 21 analysts' twelve-month price targets for Occidental Petroleum, the average price target is $55.33. 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 39.19% from the current price of $39.76.

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OXY Analyst Ratings Over Time

Type	Current Forecast 4/22/24 to 4/22/25	1 Month Ago 3/23/24 to 3/23/25	3 Months Ago 1/23/24 to 1/22/25	1 Year Ago 4/23/23 to 4/22/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	5 Buy rating(s)	7 Buy rating(s)	6 Buy rating(s)	5 Buy rating(s)
Hold	14 Hold rating(s)	12 Hold rating(s)	13 Hold rating(s)	8 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$55.33	$60.45	$62.19	$71.94
Forecasted Upside	39.19% Upside	25.67% Upside	23.87% Upside	7.36% Upside
Consensus Rating	Hold	Hold	Hold	Moderate Buy

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	S&P 500
Consensus Rating Score	2.14	2.70	2.54
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	41.77% Upside	1,154.64% Upside	28.60% Upside
News Sentiment Rating	Neutral 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 to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
4/21/2025	Wells Fargo & Company 3 of 5 stars	Roger Read Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$49.00 ➝ $42.00	+8.04%
4/16/2025	Hsbc Global Res 0 of 5 stars	S. Hoh Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
4/16/2025	UBS Group 3 of 5 stars	Josh Silverstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$44.00 ➝ $38.00	-2.76%
4/15/2025	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating	Mike Scialla Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$60.00 ➝ $58.00	+51.76%
4/11/2025	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Paul Cheng Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Sector Outperform ➝ Sector Perform	$40.00	+9.94%
4/8/2025	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	David Deckelbaum Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	$68.00 ➝ $45.00	+16.27%
3/26/2025	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Devin McDermott Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target	Overweight ➝ Overweight	$63.00 ➝ $58.00	+16.09%
3/17/2025	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Scott Gruber Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$56.00 ➝ $51.00	+7.56%
3/13/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	John Royall Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$59.00 ➝ $52.00	+15.06%
3/10/2025	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	John Freeman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Outperform	$81.00 ➝ $64.00	+35.44%
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3/6/2025	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Mark Lear Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$51.00 ➝ $50.00	+9.78%
1/31/2025	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	N. Mehta Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Sell	$54.00 ➝ $45.00	-7.92%
1/23/2025	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Leo Mariani Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		$54.00	+7.11%
1/13/2025	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Neal Dingmann Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$56.00 ➝ $58.00	+11.37%
12/16/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$72.00 ➝ $70.00	+46.94%
11/14/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Positive ➝ Positive	$77.00 ➝ $65.00	+27.15%
11/12/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$53.00 ➝ $54.00	+6.74%
11/12/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Leggate Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$73.00 ➝ $75.00	+48.25%
10/17/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$57.00	+11.20%
10/4/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform ➝ Market Perform	$70.00 ➝ $65.00	+16.70%
10/3/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$67.00 ➝ $58.00	+7.31%
9/30/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Underperform ➝ Underperform	$67.00 ➝ $63.00	+22.85%
4/8/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$65.00	-6.14%
9/12/2023	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral	$60.00	-8.72%
6/13/2023	51job Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:51 AM 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 Friday, April 18, 2025. 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 $46, which is significantly lower than its 12-month high, indicating potential for price appreciation.
Occidental Petroleum Co. recently reported strong quarterly earnings, with earnings per share exceeding analysts' expectations, showcasing robust financial performance.
The company has a solid return on equity, reflecting effective management and profitability, which can be attractive to investors seeking growth.
Occidental Petroleum Co. has increased its quarterly dividend to $0.24, demonstrating a commitment to returning value to shareholders, which can be appealing for income-focused investors.
Institutional investors hold a significant portion of the company's stock, indicating confidence from large financial entities in its future prospects.

Occidental Petroleum
Bear Case

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

The company has a debt-to-equity ratio of 0.95, which suggests a relatively high level of debt compared to equity, potentially increasing financial risk.
Recent quarterly revenue fell short of analysts' expectations, indicating possible challenges in meeting growth targets.
With a quick ratio of 0.76, the company may face liquidity issues, as this ratio indicates it might struggle to cover short-term liabilities with its most liquid assets.
The net margin of 11.37% suggests that while the company is profitable, there may be concerns about cost management and overall profitability compared to competitors.
Insider ownership is relatively low at 0.31%, which may raise questions about the alignment of interests between management and shareholders.

OXY Forecast - Frequently Asked Questions

: According to the research reports of 21 Wall Street equities research analysts, the average twelve-month stock price forecast for Occidental Petroleum is $55.33, with a high forecast of $75.00 and a low forecast of $38.00.
: 21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last year. There are currently 2 sell ratings, 14 hold ratings and 5 buy ratings 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.
: According to analysts, Occidental Petroleum's stock has a predicted upside of 39.19% based on their 12-month stock forecasts.
: Over the previous 90 days, Occidental Petroleum's stock had 4 downgrades and 1 upgrade by analysts.
: Occidental Petroleum has been rated by research analysts at Citigroup, Hsbc Global Res, JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, Raymond James, Roth Capital, Scotiabank, Stephens, TD Cowen, The Goldman Sachs Group, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Occidental Petroleum less than other "energy" companies. The consensus rating for Occidental Petroleum is Hold while the average consensus rating for "energy" companies is Moderate Buy. Learn more on how OXY compares to other companies.

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This page (NYSE:OXY) was last updated on 4/22/2025 by MarketBeat.com Staff

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Occidental Petroleum (OXY) Stock Forecast & Price Target