AI Stock Memo: OIS - Oil States International - RankAlpha

OIS

Rating sellAI Memo

Oil States International

As of 2026-02-21/Confidence medium

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Data freshness

AI Memo

As of 2026-02-21 • Model: RankAlpha Sentiment AI

Decision Panel

Action, confidence, horizon, and decision blockers at a glance.

Action

sell

Confidence

medium

Horizon

—

Key catalyst

Q1 2026 results and backlog update • 2026-05-22

Expected move: +13%

Biggest risk

Bear: prolonged capex weakness, missed bookings, or margin pressure push estimates down toward analyst lows and compress valuation.

Invalidation

Break below $7 or thesis failure.

What would change my mind?

Bull: sustained offshore recovery, successful cost actions, and efficient backlog conversion drive margin expansion and a re-rate above the anchor.

Research note

Recommendation

sell

Confidence

medium

As of

2026-02-21

Base target

p=55%

Bull target

$16

p=20%

Bear target

p=25%

Key bullets

Fast scan of bull, bear, and watch items

BullKey bullets

Near-term offshore demand pickup
Multi-year offshore capex recovery
Bull: sustained offshore recovery, successful cost actions, and efficient backlog conversion drive margin expansion and a re-rate above the anchor.

BearKey bullets

Delayed or absent restructuring/capital-allocation actions
Large warranty or project-cost overruns
Macro-driven oil-price shock reducing capex

WatchKey bullets

Q1 2026 results and backlog update

Summary

High-level snapshot

Recommendation

sell

Model confidence

medium

Timeframe

Asset

Equity

Trigger

Base case: $9 (p=55%)

Bull/Bear spread: +101% / -12%

Vs latest close: Bull +101% · Base +13% · Bear -12%

Scenario probabilities

Bull Target: $16 (p=20%)Base Target: $9 (p=55%)Bear Target: $7 (p=25%)

Commentary

Analyst targets cluster below the current market anchor, indicating seller-leaning street sentiment and skepticism on near-term upside [#SERP-4][#SERP-1]. Price action shows episodic positive volume, but broader coverage remains cautious and focused on execution risk [#SERP-7].

As of 2026-02-21 • Updated bi-weekly / post-earningsSource: Internal modelMethodology

Analyst Summary

Thesis highlights from the latest analysis

Bull Case

Bull: sustained offshore recovery, successful cost actions, and efficient backlog conversion drive margin expansion and a re-rate above the anchor.

Bear Case

Bear: prolonged capex weakness, missed bookings, or margin pressure push estimates down toward analyst lows and compress valuation.

Drivers

Scannable catalysts and supporting factors

Near-term offshore demand pickup
Multi-year offshore capex recovery

Human Analyst Targets

External snippets for comparison only; verify at source.

Unverified externalLast fetched 2026-02-21Source quality: external scrape

External snippets are unverified; treat as directional signals only. Always confirm with the original provider.

Inline RA est

Provider

serper

Median (USD)

$8.95

Range (USD)

$7.58 - $10.50

Count

Query: Oil States International Inc Common (OIS) analyst consensus price target high low average

Oil States (OIS) Stock Forecast & Price Target
Search result #1
According to projections from 4 analysts, the average 12-month price target for Oil States is 8.500, with a high estimate of 10 and a low estimate of 7.
Open source
Oil States International, Inc. (OIS) Stock Price, News, Quote ...
Search result #2
OIS. Oil States International, Inc. 12.46. +24.59% · 754.924M ; HLX. Helix Energy Solutions Group, Inc. 8.95. -1.70% · 1.316B ; RES. RPC, Inc. 6.11. -0.08% · 1.347B.
Open source
Oil States International (OIS) Stock Forecast & Price Target
Search result #3
According to the 2 analysts' twelve-month price targets for Oil States International, the average price target is $8.00. The highest price target for OIS is ...
Extracted: $8.00Open source
Consensus Oil States International, Inc. - MarketScreener
Search result #4
Mean consensus. OUTPERFORM ; Number of Analysts. 4 ; Last Close Price. 9.100USD ; Average target price. 8.500USD ; Spread / Average Target. -6.59%.
Extracted: $9.10, $8.50Open source
Oil States International (OIS) Stock Forecast, Price Targets ...
Search result #5
The average price target is $8.00 with a high forecast of $8.00 and a low forecast of $8.00. The average price target represents a -15.16% change from the last ...
Extracted: $8.00Open source
OIS Oil States International, Inc. Stock Price & Overview
Search result #6
4 analysts have issued ratings. Wall Street analysts rate OIS as Bullish on average, for a Wall Street consensus of buy. View OIS's ratings here. What is ...
Open source

Scenarios

Bull Target (Scenario probability)

$16 / p=20% prob

Base Target (Scenario probability)

$9 / p=55% prob

Bear Target (Scenario probability)

$7 / p=25% prob

Price $8 as of 2026-06-18

Nearest Scenario: Bear (∆ 12%)

Targets vs latest close: Bull +101% · Base +13% · Bear -12%

Sentiment & Exposure

Sentiment unavailable: insufficient coverage

Events

Other notable items detected

EVENT2026-05-22
Q1 2026 results and backlog update
Quarterly results and management commentary on backlog conversion and margins could drive a material re-pricing versus consensus; results will clarify cash conversion risk [#SERP-2].
Prob 60.00% • Move 18.00% • Priced-in 50.00%

Short-term Catalysts

Next few weeks

No short-term catalysts

Long-term Catalysts

Months to a year

Near-term offshore demand pickup
2026-05-22
A rebound in offshore drilling and services could lift subsea and aftermarket sales; a positive demand surprise would challenge current street skepticism and re-rate shares [#SERP-1][#SERP-7].
Prob 40% • Move 25% • Priced-in 30%
Multi-year offshore capex recovery
2027-02-21
A sustained recovery in offshore capex and subsea awards would increase utilization and contract pricing, supporting a structural valuation uplift over the next 12+ months [#SERP-10].
Prob 55% • Move 40% • Priced-in 40%

Risks

Delayed or absent restructuring/capital-allocation actions
Large warranty or project-cost overruns
Macro-driven oil-price shock reducing capex
Prolonged offshore capex weakness

Peers

Symbol	Summary
HLX	Helix Energy Solutions — comparable offshore-services exposure; useful for judging contract-margin trends and timing of recovery.
RES	RPC/RES — overlapping services cyclicality and margin sensitivity; a benchmark for North American contract demand.
RIG	Transocean (RIG) — deepwater rig activity and dayrate trends that often foreshadow subsea and equipment demand swings.

Sources

Internal and external references used in this analysis

Model source: RankAlpha Sentiment AI
Human targets: serper
Targets query: Oil States International Inc Common (OIS) analyst consensus price target high low average
Analysis date: 2026-02-21