Should I buy Occidental Petroleum (OXY) stock or is it too late?
⭐ The most reliable of them, either direction: Goldman Sachs — 67% of its targets hit on this sector (129 calls tested). It aims for $69 (+12 %), call made on October 2, 2026, maturing on October 2, 2027 (12 d ago).
Firm-by-firm track record on Occidental Petroleum
| Firm | % right | Gain vs sector | Calls | Aims for |
|---|---|---|---|---|
| Goldman Sachs | 71 % | +27.2 % | 7 | $69 +12% |
| B of A Securities | 50 % | +26.0 % | 6 | $44 -29% |
| Citigroup | 33 % | +22.2 % | 6 | $60 -3% |
| Evercore ISI Group | 40 % | +8.1 % | 5 | $70 +14% |
| Scotiabank | 20 % | +6.3 % | 5 | $57 -8% |
| Truist Securities | 40 % | +2.1 % | 10 | $63 +2% |
| Barclays | 38 % | +1.7 % | 26 | $71 +15% |
| Susquehanna | 33 % | -0.9 % | 12 | $70 +14% |
✅ Reasons to believe
- 62% of analysts rate it a buy (Buy consensus, 13 ratings) — a sign of market conviction.
- Median price target $69, i.e. +12% from the current price ($62).
- The most reliable firm on OXY, Goldman Sachs (71% hit rate, 7 scored calls), targets $69 (call made on October 1, 2026, maturing on October 1, 2027) (+12%) in its most recent call, and $54 (call made on March 11, 2026, maturing on March 11, 2027) (-12%) in the one coming due soonest.
- Pays a dividend (2.1% yield) — regular income on top of potential upside.
- Reasonable valuation (P/E ~17) relative to its sector.
⚠️ Reasons to hesitate
- The consensus is not unanimous: of 13 ratings, 5 are neutral.
- A 12-month target is not a guaranteed path: the price can fall in the meantime.
- Volatile stock: sharp swings — including steep drops — are part of its profile.
The analyst consensus on OXY
Median target $69 (+12%) · 13 ratings · Buy consensus
⚠️ Information, not investment advice. Past performance does not guarantee future results. Analyst targets on a ~12-month horizon.
Frequently asked questions
Should you invest in Occidental Petroleum now?
We won't decide for you. The facts: 62% of analysts rate it a buy, median target $69 (+12%), and Goldman Sachs (most reliable on OXY, 71%) targets $69. Weigh that against valuation (P/E ~17) and volatility. This is not personalized advice.
Is it too late to invest in Occidental Petroleum?
Not according to analysts: the median target ($69) is still +12% above the current price ($62) (most reliable on OXY: Goldman Sachs, 71%). The real question isn't "too late" but the price-to-value gap and risk. Not advice.
Is Occidental Petroleum still worth investing in?
It depends on the gap between the price ($62) and its estimated value: analysts target $69 on median (+12%), with 62% buys (most reliable on OXY: Goldman Sachs, 71%). Cross-check with their real reliability on OXY and the cautions above. Information, not advice.
What's the main risk in buying OXY?
The consensus is not unanimous: of 13 ratings, 5 are neutral.
→ Go deeper: the full Occidental Petroleum profile (consensus, analyst reliability, price target, performance).