Oceaneering International, Inc. (OII)
NYSE: OII · Real-Time Price · USD
28.90
+0.93 (3.33%)
Nov 21, 2024, 12:53 PM EST - Market open

Oceaneering International Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for OII stock have an average target of 27, with a low estimate of 22 and a high estimate of 34. The average target predicts a decrease of -6.57% from the current stock price of 28.90.

Analyst Consensus: Buy
Target Low Average Median High
Price $22 $27 $28 $34
Change -23.88% -6.57% -3.11% +17.65%

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 222222
Buy 000000
Hold 111111
Sell 111111
Strong Sell 000000
Total 444444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Sell
Maintains
$24$22
Sell Maintains $24$22 -23.88% Oct 31, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$34
Strong Buy Reiterates $34 +17.65% Oct 25, 2024
Barclays
Barclays
Sell
Maintains
$21$24
Sell Maintains $21$24 -16.96% Jul 31, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$34
Strong Buy Reiterates $34 +17.65% Jul 25, 2024
Citigroup
Citigroup
Strong Buy
Maintains
$25$28
Strong Buy Maintains $25$28 -3.11% Jul 3, 2024
More Analyst Ratings

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%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
2.05B1.83B1.87B2.07B2.42B2.66B2.85B2.97B
Revenue Growth
7.26%-10.75%2.26%10.53%17.36%9.75%7.25%4.13%
EPS
-3.52-5.01-0.490.260.951.261.892.22
EPS Growth
----266.89%32.97%49.33%17.65%
Forward PE
-----22.8815.3213.02
No. Analysts -----665
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
High
14.2%
13.4%
9.4%
Avg
9.7%
7.3%
4.1%
Low
6.4%
2.6%
-0.0%

EPS Forecast

EPS 20242025202620272028
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 20242025202620272028
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.