Barclays analyst Eddie Kim raised the firm’s price target on Oceaneering (OII) to $23 from $22 and keeps an Equal Weight rating on the shares. Despite a solid Q3 beat, the stock underperformed given the company’s “somewhat muted” preliminary fiscal 2026 guidance, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OII:
- Oceaneering International’s IMDS Segment Faces Market Volatility and Growth Challenges
- Oceaneering International Reports Strong Q3 2025 Results
- Oceaneering International’s Earnings Call Highlights Resilience and Growth
- Closing Bell Movers: Tesla and IBM fall as Q3 results disappoint
- Oceaneering reports Q3 EPS 71c, consensus 43c