Oceaneering International, Inc. (OII)
NYSE: OII · IEX Real-Time Price · USD
23.40
+0.07 (0.30%)
Mar 28, 2024, 4:00 PM EDT - 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 25.5, with a low estimate of 22 and a high estimate of 31. The average target predicts an increase of 8.97% from the current stock price of 23.40.

Analyst Consensus: Buy
Target Low Average Median High
Price $22 $25.5 $25 $31
Change -5.98% +8.97% +6.84% +32.48%

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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 222222
Buy 000000
Hold 111112
Sell 000000
Strong Sell 000000
Total 333334

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Hold
Maintains
$23$24
Hold Maintains $23$24 +2.56% Mar 11, 2024
Barclays
Barclays
Hold
Maintains
$23$22
Hold Maintains $23$22 -5.98% Feb 29, 2024
Barclays
Barclays
Hold
Maintains
$22$23
Hold Maintains $22$23 -1.71% Nov 2, 2023
Citigroup
Citigroup
Strong Buy
Maintains
$27$31
Strong Buy Maintains $27$31 +32.48% Sep 25, 2023
Citigroup
Citigroup
Strong Buy
Maintains
$23$27
Strong Buy Maintains $23$27 +15.38% Aug 11, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
2.62B
from 2.42B
Increased by 8.01%
Revenue Next Year
2.86B
from 2.62B
Increased by 9.16%
EPS This Year
1.33
from 0.95
Increased by 40.34%
EPS Next Year
1.82
from 1.33
Increased by 36.52%
Year 2019202020212022202320242025202620272028
Revenue
2.05B1.83B1.87B2.07B2.42B2.62B2.86B2.94B3.26B3.43B
Revenue Growth
7.26%-10.75%2.26%10.53%17.36%8.01%9.16%2.73%10.90%5.40%
EPS
-3.52-5.01-0.490.260.951.331.822.35--
EPS Growth
----265.38%40.34%36.52%29.13%--
No. Analysts -----77422
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
High
12.7%
16.7%
7.4%
15.3%
9.6%
Avg
8.0%
9.2%
2.7%
10.9%
5.4%
Low
4.1%
4.3%
-0.9%
7.6%
2.3%

EPS Forecast

EPS 202420252026
High 1.50 2.35 2.97
Avg 1.33 1.82 2.35
Low 1.19 1.54 1.79

EPS Growth

EPS Growth 202420252026
High
58.1%
76.1%
62.9%
Avg
40.3%
36.5%
29.1%
Low
24.8%
15.4%
-1.5%
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.