Oil States (OIS) Stock Forecast, Price Target & Predictions
OIS Stock Forecast
Oil States stock forecast is as follows: an average price target of $7.50 (represents a 37.87% upside from OIS’s last price of $5.44) and a rating consensus of 'Hold', based on 2 wall street analysts offering a 1-year stock forecast.
OIS Price Target
The average price target for Oil States (OIS) is $7.50 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $7.50 to $7.50. This represents a potential 37.87% upside from OIS's last price of $5.44.
OIS Analyst Ratings
According to 2 Wall Street analysts, Oil States's rating consensus is 'Hold'. The analyst rating breakdown for OIS stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 2 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Oil States Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 06, 2024 | Luke Lemoine | Piper Sandler | $7.50 | $4.32 | 73.61% | 37.87% |
| Mar 07, 2022 | Ian Macpherson | Piper Sandler | $8.00 | $7.11 | 12.52% | 47.06% |
The latest Oil States stock forecast, released on May 06, 2024 by Luke Lemoine from Piper Sandler, set a price target of $7.50, which represents a 73.61% increase from the stock price at the time of the forecast ($4.32), and a 37.87% increase from OIS last price ($5.44).
Oil States Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $7.50 |
| Last Closing Price | $5.44 | $5.44 | $5.44 |
| Upside/Downside | -100.00% | -100.00% | 37.87% |
In the current month, the average price target of Oil States stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Oil States's last price of $5.44. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 30, 2024 | Susquehanna | Neutral | Neutral | Hold |
| May 06, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Apr 30, 2024 | Susquehanna | Buy | Buy | Hold |
| Mar 07, 2022 | Piper Sandler | - | Sector Overweight | Upgrade |
Oil States's last stock rating was published by Susquehanna on Jul 30, 2024. The company gave OIS a "Neutral" rating, the same as its previous rate.
Oil States Financial Forecast
Oil States Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | $183.53M | $196.20M | $202.43M | $189.39M | $181.83M | $164.04M | $161.32M | $140.53M | $145.72M | $125.59M | $137.38M | $134.76M | $146.25M | $219.69M | $238.36M | $263.70M | $264.69M | $250.61M | $253.58M | $151.47M |
| Avg Forecast | $184.15M | $176.24M | $168.40M | $157.62M | $173.77M | $192.09M | $183.40M | $190.38M | $216.22M | $189.85M | $201.88M | $195.65M | $198.63M | $190.25M | $176.30M | $159.52M | $161.12M | $152.96M | $145.97M | $141.68M | $141.13M | $142.25M | $153.53M | $228.18M | $237.76M | $266.17M | $273.82M | $245.23M | $3.80B | $120.31M |
| High Forecast | $192.72M | $184.44M | $176.23M | $163.56M | $181.08M | $192.35M | $191.93M | $190.38M | $224.22M | $192.40M | $211.27M | $204.75M | $207.86M | $190.25M | $176.30M | $159.52M | $161.12M | $152.96M | $145.97M | $141.68M | $141.13M | $142.25M | $153.53M | $228.18M | $237.76M | $266.17M | $273.82M | $245.23M | $4.56B | $144.37M |
| Low Forecast | $176.83M | $169.24M | $161.70M | $151.68M | $166.45M | $191.83M | $176.11M | $190.38M | $203.84M | $184.00M | $193.85M | $187.87M | $190.73M | $190.25M | $176.30M | $159.52M | $161.12M | $152.96M | $145.97M | $141.68M | $141.13M | $142.25M | $153.53M | $228.18M | $237.76M | $266.17M | $273.82M | $245.23M | $3.04B | $96.25M |
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.91% | 1.00% | 1.02% | 1.00% | 1.03% | 1.03% | 1.00% | 0.92% | 1.00% | 0.89% | 0.97% | 0.95% | 0.95% | 0.96% | 1.00% | 0.99% | 0.97% | 1.02% | 0.07% | 1.26% |
Oil States's average Quarter revenue forecast for Sep 23 based on 5 analysts is $189.85M, with a low forecast of $184.00M, and a high forecast of $192.40M. OIS's average Quarter revenue forecast represents a 3.45% increase compared to the company's last Quarter revenue of $183.53M (Jun 23).
Oil States EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | $17.46M | $19.02M | $21.41M | $20.56M | $21.96M | $-714.00K | $14.51M | $1.25M | $5.66M | $5.11M | $5.72M | $-4.37M | $155.00K | $-2.69M | $-414.62M | $-145.03M | $-2.35M | $26.50M | $21.42M | $29.00M | $4.74M |
| Avg Forecast | $-19.68M | $-18.83M | $-17.99M | $-16.84M | $-18.57M | $-20.53M | $-19.60M | $13.86M | $-23.10M | $-20.29M | $-21.57M | $12.60M | $1.15M | $12.92M | $11.98M | $9.96M | $10.95M | $10.39M | $9.92M | $6.13M | $9.59M | $9.66M | $10.43M | $-539.00M | $16.15M | $18.08M | $18.60M | $25.25M | $50.46M | $3.51M |
| High Forecast | $-18.89M | $-18.08M | $-17.28M | $-16.21M | $-17.79M | $-20.50M | $-18.82M | $16.64M | $-21.78M | $-19.66M | $-20.71M | $15.12M | $1.38M | $12.92M | $11.98M | $11.96M | $10.95M | $10.39M | $9.92M | $7.35M | $9.59M | $9.66M | $10.43M | $-431.20M | $16.15M | $18.08M | $18.60M | $30.30M | $60.56M | $4.21M |
| Low Forecast | $-20.59M | $-19.71M | $-18.83M | $-17.48M | $-19.35M | $-20.55M | $-20.51M | $11.09M | $-23.96M | $-20.56M | $-22.57M | $10.08M | $917.40K | $12.92M | $11.98M | $7.97M | $10.95M | $10.39M | $9.92M | $4.90M | $9.59M | $9.66M | $10.43M | $-646.81M | $16.15M | $18.08M | $18.60M | $20.20M | $40.37M | $2.81M |
| Surprise % | - | - | - | - | - | - | - | - | - | -0.86% | -0.88% | 1.70% | 17.93% | 1.70% | -0.06% | 1.46% | 0.11% | 0.54% | 0.52% | 0.93% | -0.46% | 0.02% | -0.26% | 0.77% | -8.98% | -0.13% | 1.42% | 0.85% | 0.57% | 1.35% |
3 analysts predict OIS's average Quarter EBITDA for Dec 23 to be $-23.10M, with a high of $-21.78M and a low of $-23.96M. This is -232.30% lower than Oil States's previous annual EBITDA (Sep 23) of $17.46M.
Oil States Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | $4.21M | $558.00K | $2.16M | $2.88M | $2.14M | $-5.14M | $-9.42M | $-19.87M | $-13.04M | $-15.27M | $-15.81M | $-18.75M | $-19.97M | $-24.63M | $-405.04M | $-175.55M | $-31.87M | $-9.74M | $-14.65M | $-3.49M | $-17.68M |
| Avg Forecast | $8.28M | $6.62M | $4.76M | $1.45M | $4.35M | $4.02M | $2.39M | $-9.01M | $5.59M | $2.61M | $3.88M | $-8.19M | $-18.21M | $627.04K | $-3.76M | $-6.47M | $-8.05M | $-9.15M | $-10.99M | $-16.94M | $-19.29M | $-23.30M | $-29.66M | $-526.55M | $-11.71M | $-6.34M | $-7.32M | $-17.26M | $-6.08M | $-13.09M |
| High Forecast | $8.78M | $7.02M | $5.05M | $1.54M | $4.61M | $4.10M | $2.41M | $-7.21M | $7.68M | $3.26M | $4.11M | $-6.55M | $-14.57M | $627.04K | $-3.76M | $-5.18M | $-8.05M | $-9.15M | $-10.99M | $-13.55M | $-19.29M | $-23.30M | $-29.66M | $-421.24M | $-11.71M | $-6.34M | $-7.32M | $-13.81M | $-4.86M | $-10.48M |
| Low Forecast | $7.85M | $6.28M | $4.51M | $1.37M | $4.12M | $3.93M | $2.38M | $-10.81M | $3.49M | $1.30M | $3.68M | $-9.83M | $-21.86M | $627.04K | $-3.76M | $-7.77M | $-8.05M | $-9.15M | $-10.99M | $-20.33M | $-19.29M | $-23.30M | $-29.66M | $-631.86M | $-11.71M | $-6.34M | $-7.32M | $-20.72M | $-7.29M | $-15.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.62% | 0.14% | -0.26% | -0.16% | 3.42% | 1.37% | 1.46% | 2.47% | 1.42% | 1.39% | 0.93% | 0.97% | 0.86% | 0.83% | 0.77% | 14.99% | 5.03% | 1.33% | 0.85% | 0.57% | 1.35% |
Oil States's average Quarter net income forecast for Dec 23 is $5.59M, with a range of $3.49M to $7.68M. OIS's average Quarter net income forecast represents a 32.66% increase compared to the company's last Quarter net income of $4.21M (Sep 23).
Oil States SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | $24.24M | $23.53M | $24.02M | $25.07M | $23.37M | $23.76M | $23.83M | $20.30M | $20.08M | $22.09M | $21.23M | $22.60M | $21.39M | $23.99M | $52.64M | $55.89M | $63.82M | $62.97M | $61.57M | $64.60M | $55.88M |
| Avg Forecast | $24.49M | $23.44M | $22.39M | $20.96M | $23.11M | $25.54M | $24.39M | $22.78M | $28.75M | $25.25M | $26.85M | $20.71M | $18.61M | $25.30M | $23.44M | $16.37M | $21.43M | $20.34M | $19.41M | $22.74M | $18.77M | $18.92M | $20.42M | $68.43M | $31.62M | $35.40M | $36.41M | $72.57M | $112.40M | $41.39M |
| High Forecast | $25.63M | $24.53M | $23.44M | $21.75M | $24.08M | $25.58M | $25.52M | $27.33M | $29.82M | $25.59M | $28.09M | $24.85M | $22.33M | $25.30M | $23.44M | $19.64M | $21.43M | $20.34M | $19.41M | $27.29M | $18.77M | $18.92M | $20.42M | $82.12M | $31.62M | $35.40M | $36.41M | $87.08M | $134.88M | $49.67M |
| Low Forecast | $23.52M | $22.51M | $21.50M | $20.17M | $22.13M | $25.51M | $23.42M | $18.22M | $27.11M | $24.47M | $25.78M | $16.57M | $14.88M | $25.30M | $23.44M | $13.10M | $21.43M | $20.34M | $19.41M | $18.19M | $18.77M | $18.92M | $20.42M | $54.75M | $31.62M | $35.40M | $36.41M | $58.05M | $89.92M | $33.11M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.96% | 0.88% | 1.16% | 1.35% | 0.92% | 1.01% | 1.46% | 0.95% | 0.99% | 1.14% | 0.93% | 1.20% | 1.13% | 1.18% | 0.77% | 1.77% | 1.80% | 1.73% | 0.85% | 0.57% | 1.35% |
Oil States's average Quarter SG&A projection for Dec 23 is $28.75M, based on 3 Wall Street analysts, with a range of $27.11M to $29.82M. The forecast indicates a 18.62% rise compared to OIS last annual SG&A of $24.24M (Sep 23).
Oil States EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | $0.07 | $0.01 | $0.03 | $0.05 | $0.03 | $-0.08 | $-0.16 | $-0.33 | $-0.22 | $-0.25 | $-0.26 | $-0.31 | $-0.33 | $-0.41 | $-6.79 | $-2.95 | $-0.54 | $-0.16 | $-0.25 | $-0.06 | $-0.35 |
| Avg Forecast | $0.13 | $0.11 | $0.08 | $0.02 | $0.07 | $0.06 | $0.04 | $-0.00 | $0.09 | $0.04 | $0.06 | $0.03 | $0.04 | $0.01 | $-0.06 | $-0.13 | $-0.13 | $-0.15 | $-0.18 | $-0.27 | $-0.31 | $-0.37 | $-0.47 | $-0.21 | $-0.19 | $-0.10 | $-0.12 | $-0.28 | $-0.26 | $-0.20 |
| High Forecast | $0.14 | $0.11 | $0.08 | $0.02 | $0.07 | $0.07 | $0.04 | $-0.00 | $0.12 | $0.05 | $0.07 | $0.03 | $0.05 | $0.01 | $-0.06 | $-0.13 | $-0.13 | $-0.15 | $-0.18 | $-0.27 | $-0.31 | $-0.37 | $-0.47 | $-0.21 | $-0.19 | $-0.10 | $-0.12 | $-0.28 | $-0.21 | $-0.16 |
| Low Forecast | $0.13 | $0.10 | $0.07 | $0.02 | $0.07 | $0.06 | $0.04 | $-0.00 | $0.06 | $0.02 | $0.06 | $0.02 | $0.04 | $0.01 | $-0.06 | $-0.13 | $-0.13 | $-0.15 | $-0.18 | $-0.27 | $-0.31 | $-0.37 | $-0.47 | $-0.21 | $-0.19 | $-0.10 | $-0.12 | $-0.28 | $-0.31 | $-0.24 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.60% | 0.16% | 1.20% | 1.18% | 3.00% | 1.41% | 1.19% | 2.57% | 1.51% | 1.43% | 0.96% | 1.01% | 0.89% | 0.87% | 32.11% | 15.79% | 5.34% | 1.37% | 0.88% | 0.23% | 1.75% |
According to 3 Wall Street analysts, Oil States's projected average Quarter EPS for Dec 23 is $0.09, with a low estimate of $0.06 and a high estimate of $0.12. This represents a 33.93% increase compared to OIS previous annual EPS of $0.07 (Sep 23).
Oil States Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NR | Newpark Resources | $7.77 | $11.00 | 41.57% | Buy |
| OIS | Oil States | $5.44 | $7.50 | 37.87% | Hold |
| NEX | NexTier Oilfield Solutions | $10.61 | $13.50 | 27.24% | Hold |
| HLX | Helix Energy Solutions Group | $11.19 | $14.00 | 25.11% | Buy |
| CHX | ChampionX | $31.28 | $38.33 | 22.54% | Buy |
| DNOW | NOW | $14.71 | $18.00 | 22.37% | - |
| MRC | MRC Global | $13.99 | $16.00 | 14.37% | Buy |
| FTI | TechnipFMC | $30.02 | $27.53 | -8.29% | Buy |
| WHD | Cactus | $68.45 | $54.00 | -21.11% | Hold |
| RNGR | Ranger Energy Services | $16.70 | $12.50 | -25.15% | Hold |
| OII | Oceaneering | $28.81 | $21.00 | -27.11% | Buy |