Oceaneering International, Inc. (OII) Fair Value 2026

OII · Oil & Gas Equipment & Services ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

8.8 /10

32 fundamental signals · 10 models active

Value Trap Risk

SAFE (12/100)

Quick Summary — As of 2026-08-27, Oceaneering International, Inc. (OII) trades at $51.21, versus a $36.86 median fair value across its 10 active models — 28.0% below the current price. QOC: 8.8/10. Value Trap Risk: 12/100 (SAFE). 10/13 models active. Within that set, the Bayesian DCF component alone returns $38.70.

Key Facts

Ticker
OII
Price
$51.21
Quality Score
8.8/10
Value Trap Risk
12/100
Models Active
10/13
Last Updated
Strength: First Chicago suggests +27.3% upside with 61% confidence
Risk: Majority of models suggest overvaluation

Is Oceaneering International, Inc. (OII) Undervalued or Overvalued in 2026?

According to CirclFi’s 10-model valuation engine, Oceaneering International, Inc. (OII) appears overvalued as of : the median of 10 independent fair value estimates is $36.86, 28.0% below the current price of $51.21. Estimates range from $3.52 to $65.41. OII scores 8.8/10 on fundamental quality and 12/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. OII’s -28.0% gap is wider than that market norm, and the Oil & Gas Equipment & Services sector median is -15.7%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Oceaneering International, Inc. Stock in 2026? →

What Fair Value Does Each Model Give OII?

10 Intrinsic Value Models vs. Current Price ($51.21)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $38.70 -24.4%
Intrinsic · High Conviction
 $3.52 -93.1%
Ensemble · Medium Conviction
 $35.01 -31.6%
Scenario · High Conviction
 $65.20 +27.3%
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What Is OII's Fair Value Range?

Spread across 10 independent models · $3.52 to $65.41

CirclFi's 10 active models place Oceaneering International, Inc. (OII) between $3.52 and $65.41 per share, a spread of 168% of the median. The median of that range — $36.86 — is the fair value CirclFi publishes for OII, against a current price of $51.21.

Low · EPVHigh · Regime Cross
$3.52median $36.86$65.41
Where the range comes from
Most bearish modelEarnings Power Value (EPV)$3.52
Most bullish modelRegime Cross-Sectional$65.41
Model agreement2 bullish · 7 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for OII. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on OII, not a CirclFi price target. How each model works →

What Is Oceaneering International, Inc. (OII) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, the balance of valuation evidence tilts cautious on Oceaneering International, Inc. at its current price of $51.21. The median intrinsic value is estimated at $36.86 (-28.0% vs price), with 7 models flagging overvaluation risk. The most optimistic model, Regime Cross, places fair value at $65.41 (+27.7%), while EPV — the most conservative — estimates $3.52 (-93.1%). This +120.8% gap reflects genuine analytical uncertainty about Oceaneering International, Inc.'s intrinsic worth. Among models with highest confidence, Bayesian DCF, EPV lean bearish — adding weight to the bearish side of the thesis.

What Do the Models Say About OII?

10 of 13 models are currently active for OII. Of these, 2 models suggest upside while 8 models suggest overvaluation. Taken together, their median fair value for OII is $36.86 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $38.70 on its own, implying -24.4% downside from the current price. See which stocks rank higher →

How Does OII Rank in Oil & Gas Equipment & Services?

Among 52 Oil & Gas Equipment & Services stocks, OII ranks #3 by Quality of Company score. CirclFi's QOC score of 8.8/10 evaluates 32 fundamental signals. A score of 8.8 places OII in the top tier.

Within the Oil & Gas Equipment & Services space, Oceaneering International, Inc. competes in an environment where debt-to-EBITDAX often separates market leaders from laggards. Understanding these industry-specific dynamics is essential context for interpreting our model outputs.

Is OII a Value Trap?

CirclFi's Value Trap algorithm assigns OII a score of 12/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

10 of 13 models are active for Oceaneering International, Inc.. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi 32-factor quality framework, Oceaneering International, Inc.'s fundamental quality profile registers 8.8/10. This robust score captures the company's profitability depth, growth consistency, balance sheet resilience, and shareholder return track record.

The gap between the most bullish and bearish model spans +120.8% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every OII valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across OII's 10 active models, average confidence is 52%. Moderate confidence indicates reasonable fit.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Oceaneering International, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Oil & Gas Equipment & Services Stocks Should You Also Analyze?

9 related Oil & Gas Equipment & Services stocks with 13-model coverage

FTITechnipFMC plcQOC 8.9TDWTidewater Inc.QOC 8.7WHDCactus, Inc.QOC 9.2INVXInnovex International, Inc.QOC 8.7OMSEOMS Energy Technologies Inc.QOC 2.1WFRDWeatherford International plcQOC 8.6HLXHelix Energy Solutions Group, Inc.QOC 8.0SNDSmart Sand, Inc.QOC 7.5RCONRecon Technology, Ltd.QOC 5.7

Read investment analysis: FTI · TDW · WHD · INVX · OMSE · WFRD · HLX · SND · RCON

Which Other Stocks Have a Similar Quality Score to OII?

7 companies across all industries closest to OII’s Quality of Company score of 8.8/10.

TCOMTrip.com Group LimitedQOC 8.8ACNAccenture plcQOC 8.8BBarrick Mining CorporationQOC 8.8ELTPElite Pharmaceuticals, Inc.QOC 8.8CSVCarriage Services, Inc.QOC 8.8TCBXThird Coast Bancshares, Inc.QOC 8.8NVDANVIDIA CorporationQOC 10.0

Read investment analysis: TCOM · ACN · B · ELTP · CSV · TCBX · NVDA

What Else Do Investors Ask About Oceaneering International, Inc.’s Valuation?

What is Oceaneering International, Inc.'s intrinsic value in 2026?

CirclFi puts Oceaneering International, Inc. (OII)'s intrinsic value at $36.86 — the median of 10 independent model estimates as of 2026-08-27, ranging from $3.52 to $65.41. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $38.70 on its own. The Quality of Company score is 8.8/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is OII overvalued or undervalued right now?

At $51.21, 2 of 10 active models suggest OII may be undervalued, while 8 indicate potential overvaluation. The median of all 10 fair value estimates is $36.86, 28.0% below the current price of $51.21 — a consensus view that OII is overvalued. The assessment depends on which methodology best fits Oceaneering International, Inc.'s business model in Oil & Gas Equipment & Services.

What does a Quality of Company score of 8.8 mean for OII?

Oceaneering International, Inc.'s QOC of 8.8/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on OII?

CirclFi analyzes OII with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 10 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on OII?

Of the 10 models currently active on OII, Regime Cross-Sectional is the most bullish at $65.41 per share, and Earnings Power Value (EPV) is the most bearish at $3.52. CirclFi's published fair value for OII is the median of that range, $36.86, not either extreme. The gap between the two ends equals 168% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is OII a value trap in 2026?

Oceaneering International, Inc.'s Value Trap score is 12/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 10-model valuation engine, Oceaneering International, Inc. (OII) has a median fair value of $36.86 — 28.0% below the current price of $51.21 — as of 2026-08-27.” Source: circlfi.com/stock/OII/ · Methodology
Primary sources for this OII valuation
  • Financial statements: Oceaneering International, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0000073756) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for OII as of ; valuations recomputed .

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