Occidental Petroleum Stock Holds Steady Amid Analyst Hold Ratings

Analysts continue to maintain a hold rating for Occidental Petroleum stock, despite its recent trading at around $61.48 per share in late August 2026.

The consensus target price is $64.83, implying a modest upside of about 5% if reached, while some individual analysts are more optimistic with targets as high as $69.00, representing an increase of over 12% from the current trading level.

However, the broader crude oil environment remains supportive for producers like Occidental Petroleum, with benchmark prices holding at elevated levels, contributing to robust cash flow generation and strong operating margins.