Oceaneering International, Inc. (OII)
NYSE: OII · Real-Time Price · USD
24.55
+0.31 (1.28%)
Dec 20, 2024, 4:00 PM EST - Market closed
Oceaneering International Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for OII stock have an average target of 28, with a low estimate of 24 and a high estimate of 34. The average target predicts an increase of 14.05% from the current stock price of 24.55.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Sell → Hold Upgrades $22 → $26 | Sell → Hold | Upgrades | $22 → $26 | +5.91% | Dec 18, 2024 |
| Barclays | Barclays | Sell Maintains $24 → $22 | Sell | Maintains | $24 → $22 | -10.39% | Oct 31, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $34 | Strong Buy | Reiterates | $34 | +38.49% | Oct 25, 2024 |
| Barclays | Barclays | Sell Maintains $21 → $24 | Sell | Maintains | $21 → $24 | -2.24% | Jul 31, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $34 | Strong Buy | Reiterates | $34 | +38.49% | Jul 25, 2024 |
Financial Forecast
Revenue This Year
2.66B
from 2.42B
Increased by 9.75%
Revenue Next Year
2.85B
from 2.66B
Increased by 7.25%
EPS This Year
1.26
from 0.95
Increased by 32.97%
EPS Next Year
1.89
from 1.26
Increased by 49.33%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 2.8B | 3.0B | 3.1B | |||
| Avg | 2.7B | 2.9B | 3.0B | |||
| Low | 2.6B | 2.7B | 2.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 14.2% | 13.4% | 9.4% | |||
| Avg | 9.7% | 7.3% | 4.1% | |||
| Low | 6.4% | 2.6% | -0.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.38 | 2.07 | 2.43 | |||
| Avg | 1.26 | 1.89 | 2.22 | |||
| Low | 1.13 | 1.68 | 2.03 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 44.8% | 63.8% | 28.7% | |||
| Avg | 33.0% | 49.3% | 17.7% | |||
| Low | 18.8% | 32.7% | 7.5% |
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.