Liverpool lost their third game of the season at Chelsea on Sunday, but O’Shea believes the Reds can turn things around.
O’Shea also expects Chelsea and Arsenal to challenge.
He told Sky Sports News, when asked if Liverpool were out of the title race: “No, it’s still too early.
“Liverpool are, as you could see from last season, able to put a run together and it wouldn’t surprise me if they get on a huge run of unbeaten games and get back into contention.”
O’Shea, whose side now trail Chelsea by two points at the top of the table after their weekend success, expects both Carlo Ancelotti’s Blues and Arsenal to challenge for the top honour this term.
“Chelsea are going to be there and Arsenal with the way they are playing – we were quite fortunate against them when we played at home,” he added.
“They dominated the game quite a bit but to be fair we were more clinical and I think they will be there or there-about as well.”
