Should I Buy OII? OII 2026 Analysis

Should You Buy Oceaneering International Inc (OII) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

30.300

1 Day change

2.12%

52 Week Range

31.440

Analysis Updated At

2026/01/26

Oceaneering International Inc. (OII) shows mixed signals for a long-term beginner investor. While the company has demonstrated strong financial performance in Q3 2025, with significant YoY growth in revenue, net income, and EPS, the technical indicators suggest the stock is currently overbought (RSI at 78.202) and trading near resistance levels. Additionally, hedge funds and insiders are heavily selling, and options data reflects bearish sentiment with a high Option Volume Put-Call Ratio of 11.0. Given the lack of strong buy signals from Intellectia Proprietary Trading Signals and no recent congress trading activity, it is recommended to hold off on buying this stock at the current price.

Technical Analysis

The MACD is positive and expanding, indicating bullish momentum. Moving averages are bullish (SMA_5 > SMA_20 > SMA_200), but the RSI at 78.202 suggests the stock is overbought. The stock is trading near resistance levels (R2: 29.795), which may limit further upside in the short term.

Options Data

Bullish

Open Interest Put-Call Ratio

Bearish

Option Volume Put-Call Ratio

Technical Summary

Sell

Buy

Positive Catalysts

Strong Q3 2025 financial performance with revenue up 9.28% YoY, net income up 72.88% YoY, and EPS up 77.50% YoY. Gross margin also improved by 6.75%. Bullish technical indicators such as MACD and moving averages.

Neutral/Negative Catalysts

Analysts maintain a Hold rating, and recent price target adjustments suggest limited upside. The stock is overbought based on RSI.

Financial Performance

In Q3 2025, Oceaneering International reported revenue of $742.9M, up 9.28% YoY. Net income grew to $71.29M, a 72.88% increase YoY. EPS rose by 77.50% YoY to 0.71. Gross margin improved to 20.56%, up 6.75% YoY.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Analysts maintain a Hold rating on the stock. Recent price target adjustments include TD Cowen raising the target to $28 from $27 and Barclays raising it to $23 from $22. Analysts note that while the stock has responded positively to macro news, the rallies may be overdone, and the stock remains cheap but with limited upside.

2 Analyst Rating

Wall Street analysts forecast OII stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for OII is 25.5 USD with a low forecast of 23 USD and a high forecast of 28 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

0 Buy

2 Hold

0 Sell

Hold

Current: 29.670

Low

Averages

25.5

High

Current: 29.670

Low

Averages

25.5

High

TD Cowen

Hold

maintain

$27 -> $28

AI Analysis

2026-01-07

Reason

TD Cowen

Price Target

$27 -> $28

AI Analysis

2026-01-07

maintain

Hold

Reason

TD Cowen raised the firm's price target on Oceaneering to $28 from $27 and keeps a Hold rating on the shares. The firm adjusted targets in the oilfield services group as part of a Q4 preview. Many oilfield stocks have responded positively to the capture of Nicolas Maduro, anticipating increased oilfield investment in Venezuela, the analyst tells investors in a research note. However, TD thinks it will take a long time and require a lot of guarantees from the U.S. government for U.S. companies to commit capital. It says the stock rallies on the news may be overdone. However, many names in the group remain "cheap," the firm adds.

TD Cowen

Marc Bianchi

Hold

maintain

$25 -> $27

2025-11-03

Reason

TD Cowen

Marc Bianchi

Price Target

$25 -> $27

2025-11-03

maintain

Hold

Reason

TD Cowen analyst Marc Bianchi raised the firm's price target on Oceaneering to $27 from $25 and keeps a Hold rating on the shares. The firm said its Q3 beat was driven by ADTech and Offshore Projects, while management guided to a return of typical 4Q and 1Q seasonality across SSR and OPG that was absent last year.

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OII Should I Buy

OII Should I Buy

Should You Buy Oceaneering International Inc (OII) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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