Oceaneering International, Inc. (OII)
NYSE: OII · IEX Real-Time Price · USD
24.03
+0.31 (1.31%)
At close: May 20, 2024, 4:00 PM
24.10
+0.07 (0.29%)
After-hours: May 20, 2024, 4:24 PM EDT
Oceaneering International Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for OII stock have an average target of 27.5, with a low estimate of 21 and a high estimate of 34. The average target predicts an increase of 14.44% from the current stock price of 24.03.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for OII stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold → Sell Downgrades $22 → $21 | Hold → Sell | Downgrades | $22 → $21 | -12.61% | May 14, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $34 | Strong Buy | Reiterates | $34 | +41.49% | Apr 26, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $34 | Strong Buy | Reiterates | $34 | +41.49% | Apr 25, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $23 → $24 | Hold | Maintains | $23 → $24 | -0.12% | Mar 11, 2024 |
| Barclays | Barclays | Hold Maintains $23 → $22 | Hold | Maintains | $23 → $22 | -8.45% | Feb 29, 2024 |
Financial Forecast
Revenue This Year
2.62B
from 2.42B
Increased by 8.05%
Revenue Next Year
2.87B
from 2.62B
Increased by 9.58%
EPS This Year
1.12
from 0.95
Increased by 18.01%
EPS Next Year
1.71
from 1.12
Increased by 52.13%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.7B | 3.1B | 3.1B | 3.4B | 3.6B |
| Avg | 2.6B | 2.9B | 2.9B | 3.3B | 3.4B |
| Low | 2.5B | 2.7B | 2.8B | 3.2B | 3.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.8% | 16.7% | 7.0% | 15.3% | 9.6% |
| Avg | 8.1% | 9.6% | 2.3% | 10.9% | 5.4% |
| Low | 4.1% | 4.3% | -1.3% | 7.6% | 2.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.27 | 2.35 | 2.97 | 2.50 | 2.73 |
| Avg | 1.12 | 1.71 | 2.35 | 2.40 | 2.63 |
| Low | 0.99 | 1.23 | 1.79 | 2.33 | 2.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 33.7% | 109.4% | 73.9% | 6.3% | 13.6% |
| Avg | 18.0% | 52.1% | 37.8% | 2.3% | 9.2% |
| Low | 4.2% | 10.1% | 5.2% | -0.8% | 6.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.