22.8% Below Target

The consensus Wall Street price target for OXY is $63.46, representing 22.8% upside from the current price of $51.68. With 52 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.

OXY has a consensus rating of "Buy" based on 52 Wall Street analysts. The rating breakdown is mixed, with 23 Hold ratings making up the largest segment. The consensus 12-month price target of $63.46 implies 22.8% upside from current levels.

With a forward P/E of 9.2221x, OXY trades at a relatively low valuation. The consensus target of $63.46 implies 22.8% appreciation, suggesting meaningful undervaluation.

The most bullish Wall Street analyst has a price target of $75 for OXY, while the most conservative target is $45. The consensus of $63.46 represents the median expectation. Our quantitative valuation model projects a bull case target of $171 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

OXY is heavily covered by Wall Street, with 52 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 25 have Buy ratings, 23 recommend Hold, and 4 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month OXY stock forecast based on 52 Wall Street analysts shows a consensus price target of $63.46, with estimates ranging from $45 (bear case) to $75 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $129, with bear/bull scenarios of $82/$171.

Our quantitative valuation model calculates OXY's fair value at $129 (base case), with a bear case of $82 and bull case of $171. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 50/100.

OXY trades at a forward P/E ratio of 9.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 32.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are very optimistic on OXY, with a "Buy" consensus rating and $63.46 price target (22.8% upside). 25 of 52 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

OXY analyst price targets range from $45 to $75, a 47% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $63.46 consensus represents the middle ground. Our model's $82-$171 range provides an independent fundamental perspective.