Consensus Rating1
Neutral
Highest Price Target1
$78.00
Lowest Price Target1
$45.00
Consensus Price Target1
$62.30

Occidental Petroleum Analyst Ratings and Price Targets | NYSE:OXY | Benzinga

Occidental Petroleum Corp has a consensus price target of $567.61 based on the ratings of 38 analysts. The high is $1350 issued by HSBC on May 10, 2024<. The low is $100 issued by Deutsche Bank on August 5, 2024. The 3 most-recent analyst ratings were released by New Street Research, Goldman Sachs, and Deutsche Bank on August 6, 2024, August 5, 2024, and August 5, 2024, respectively. With an average price target of $118.33 between New Street Research, Goldman Sachs, and Deutsche Bank, there's an implied 0.21% upside for Occidental Petroleum Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
2
3
Nov 24
4
Dec 24
1
Jan
1
2
Feb
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.4
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

UBS
Wells Fargo
Stephens & Co.
Goldman Sachs
Truist Securities

1calculated from analyst ratings

Analyst Ratings for Occidental Petroleum

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FAQ

Q

What is the target price for Occidental Petroleum (OXY) stock?

A

The latest price target for Occidental Petroleum (NYSE:OXY) was reported by UBS on February 20, 2025. The analyst firm set a price target for $56.00 expecting OXY to rise to within 12 months (a possible 20.59% upside). 50 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Occidental Petroleum (OXY)?

A

The latest analyst rating for Occidental Petroleum (NYSE:OXY) was provided by UBS, and Occidental Petroleum maintained their neutral rating.

Q

When was the last upgrade for Occidental Petroleum (OXY)?

A

The last upgrade for Occidental Petroleum Corp happened on April 11, 2024 when Scotiabank raised their price target to $90. Scotiabank previously had a sector perform for Occidental Petroleum Corp.

Q

When was the last downgrade for Occidental Petroleum (OXY)?

A

The last downgrade for Occidental Petroleum Corp happened on January 31, 2025 when Goldman Sachs changed their price target from $54 to $45 for Occidental Petroleum Corp.

Q

When is the next analyst rating going to be posted or updated for Occidental Petroleum (OXY)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Occidental Petroleum, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Occidental Petroleum was filed on February 20, 2025 so you should expect the next rating to be made available sometime around February 20, 2026.

Q

Is the Analyst Rating Occidental Petroleum (OXY) correct?

A

While ratings are subjective and will change, the latest Occidental Petroleum (OXY) rating was a maintained with a price target of $54.00 to $56.00. The current price Occidental Petroleum (OXY) is trading at is $46.44, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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