Helix Energy Solutions Group (HLX) Stock Forecast, Price Target & Predictions


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HLX Stock Forecast


Helix Energy Solutions Group stock forecast is as follows: an average price target of $14.00 (represents a 51.84% upside from HLX’s last price of $9.22) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.

HLX Price Target


The average price target for Helix Energy Solutions Group (HLX) is $14.00 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $14.00 to $14.00. This represents a potential 51.84% upside from HLX's last price of $9.22.

HLX Analyst Ratings


Buy

According to 6 Wall Street analysts, Helix Energy Solutions Group's rating consensus is 'Buy'. The analyst rating breakdown for HLX stock is 1 'Strong Buy' (16.67%), 3 'Buy' (50.00%), 2 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Helix Energy Solutions Group Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 19, 2024James RollysonRaymond James$14.00$10.5432.89%51.84%
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The latest Helix Energy Solutions Group stock forecast, released on Sep 19, 2024 by James Rollyson from Raymond James, set a price target of $14.00, which represents a 32.89% increase from the stock price at the time of the forecast ($10.54), and a 51.84% increase from HLX last price ($9.22).

Helix Energy Solutions Group Price Target by Period


1M3M12M
# Anlaysts-11
Avg Price Target-$14.00$14.00
Last Closing Price$9.22$9.22$9.22
Upside/Downside-100.00%51.84%51.84%

In the current month, the average price target of Helix Energy Solutions Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Helix Energy Solutions Group's last price of $9.22. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 24, 2024BTIGBuyNeutralDowngrade
Sep 19, 2024Dawson James-OutperformInitialise
Sep 18, 2024Raymond James-Strong BuyInitialise
Jun 25, 2024Cowen & Co.BuyBuyHold
Sep 20, 2023BTIGBuyBuyHold
Oct 26, 2022BTIG-BuyUpgrade
Jul 27, 2022Evercore ISI-OutperformUpgrade
Apr 26, 2022Zacks Investment Research-HoldDowngrade
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Helix Energy Solutions Group's last stock rating was published by BTIG on Oct 24, 2024. The company Downgrade its HLX rating from "Buy" to "Neutral".

Helix Energy Solutions Group Financial Forecast


Helix Energy Solutions Group Revenue Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Revenue--------------------$335.16M-$308.82M$250.08M$287.82M$272.55M$162.61M$150.13M$168.66M$180.72M
Avg Forecast$383.16M$432.47M$423.65M$362.36M$368.80M$416.89M$408.49M$348.31M$347.43M$404.30M$385.59M$312.66M$332.78M$399.92M$372.06M$303.41M$311.96M$359.68M$339.36M$285.83M$316.87M$348.02M$270.37M$233.45M$251.34M$239.75M$162.74M$142.42M$134.88M$172.17M
High Forecast$398.06M$449.29M$440.12M$376.45M$383.14M$433.10M$424.37M$361.86M$360.94M$420.02M$400.59M$324.81M$345.72M$415.47M$386.52M$315.21M$318.25M$360.22M$339.36M$285.83M$317.43M$361.56M$280.88M$242.52M$261.11M$239.75M$162.74M$142.42M$134.88M$172.17M
Low Forecast$366.44M$413.60M$405.16M$346.55M$352.71M$398.70M$390.66M$333.11M$332.27M$386.66M$368.77M$299.01M$318.26M$382.46M$355.82M$290.17M$305.68M$359.13M$339.36M$285.83M$316.30M$332.83M$258.57M$223.26M$240.37M$239.75M$162.74M$142.42M$134.88M$172.17M
# Analysts111111111111111231113111111111
Surprise %--------------------1.06%-1.14%1.07%1.15%1.14%1.00%1.05%1.25%1.05%

Helix Energy Solutions Group's average Quarter revenue forecast for Mar 24 based on 1 analysts is $285.83M, with a low forecast of $285.83M, and a high forecast of $285.83M. HLX's average Quarter revenue forecast represents a -14.72% decrease compared to the company's last Quarter revenue of $335.16M (Dec 23).

Helix Energy Solutions Group EBITDA Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111231113111111111
EBITDA--------------------$70.41M-$20.20M$860.00K$23.28M$-4.19M$-23.47M$-34.72M$8.67M$22.71M
Avg Forecast$17.75M$20.03M$19.63M$16.79M$17.08M$19.31M$18.92M$16.14M$16.09M$18.73M$17.86M$14.48M$15.42M$18.53M$17.24M$14.06M$14.45M$16.66M$15.72M$-875.26K$14.68M$16.12M$12.52M$-795.69K$14.76M$11.11M$7.54M$-723.36K$6.25M$7.98M
High Forecast$18.44M$20.81M$20.39M$17.44M$17.75M$20.06M$19.66M$16.76M$16.72M$19.46M$18.56M$15.05M$16.02M$19.25M$17.91M$14.60M$14.74M$16.69M$15.72M$-700.21K$14.71M$16.75M$13.01M$-636.55K$17.71M$11.11M$7.54M$-578.69K$6.25M$7.98M
Low Forecast$16.98M$19.16M$18.77M$16.05M$16.34M$18.47M$18.10M$15.43M$15.39M$17.91M$17.08M$13.85M$14.74M$17.72M$16.48M$13.44M$14.16M$16.64M$15.72M$-1.05M$14.65M$15.42M$11.98M$-954.83K$11.81M$11.11M$7.54M$-868.03K$6.25M$7.98M
Surprise %--------------------4.80%-1.61%-1.08%1.58%-0.38%-3.11%47.99%1.39%2.85%

1 analysts predict HLX's average Quarter EBITDA for Mar 24 to be $-875.26K, with a high of $-700.21K and a low of $-1.05M. This is -101.24% lower than Helix Energy Solutions Group's previous annual EBITDA (Dec 23) of $70.41M.

Helix Energy Solutions Group Net Income Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111231113111111111
Net Income--------------------$-28.33M-$7.10M$-5.17M$2.71M$-18.76M$-29.70M$-42.03M$-25.91M$-19.04M
Avg Forecast--------$25.87M$54.56M$50.28M$15.79M$23.07M$50.59M$42.78M$13.74M$12.17M$28.34M$29.29M$-33.57M$17.34M$29.17M$7.39M$-30.51M$-44.12M$2.60M$-24.76M$-27.74M$-39.72M$-16.18M
High Forecast--------$27.18M$57.32M$52.82M$16.59M$24.24M$53.14M$44.94M$14.43M$12.79M$28.57M$29.30M$-26.85M$18.22M$30.65M$7.76M$-24.41M$-35.29M$2.60M$-24.76M$-22.19M$-39.72M$-16.18M
Low Forecast--------$24.40M$51.46M$47.43M$14.90M$21.77M$47.72M$40.35M$12.96M$11.48M$28.11M$29.28M$-40.28M$16.36M$27.52M$6.97M$-36.62M$-52.94M$2.60M$-24.76M$-33.29M$-39.72M$-16.18M
Surprise %---------------------1.63%-0.96%0.17%-0.06%-7.21%1.20%1.52%0.65%1.18%

Helix Energy Solutions Group's average Quarter net income forecast for Sep 23 is $29.17M, with a range of $27.52M to $30.65M. HLX's average Quarter net income forecast represents a 310.86% increase compared to the company's last Quarter net income of $7.10M (Jun 23).

Helix Energy Solutions Group SG&A Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111231113111111111
SG&A--------------------$22.97M-$24.01M$19.63M$22.79M$23.56M$17.62M$14.37M$21.50M$13.35M
Avg Forecast$33.05M$37.31M$36.55M$31.26M$31.81M$35.96M$35.24M$30.05M$29.97M$34.88M$33.26M$26.97M$28.71M$34.50M$32.09M$26.17M$26.91M$31.03M$29.27M$11.47M$27.33M$30.02M$23.32M$10.43M$36.61M$20.68M$14.04M$9.48M$11.63M$14.85M
High Forecast$34.34M$38.76M$37.97M$32.47M$33.05M$37.36M$36.61M$31.21M$31.14M$36.23M$34.56M$28.02M$29.82M$35.84M$33.34M$27.19M$27.45M$31.07M$29.27M$13.77M$27.38M$31.19M$24.23M$12.52M$43.93M$20.68M$14.04M$11.38M$11.63M$14.85M
Low Forecast$31.61M$35.68M$34.95M$29.89M$30.43M$34.39M$33.70M$28.74M$28.66M$33.35M$31.81M$25.79M$27.45M$32.99M$30.69M$25.03M$26.37M$30.98M$29.27M$9.18M$27.29M$28.71M$22.30M$8.34M$29.29M$20.68M$14.04M$7.59M$11.63M$14.85M
Surprise %--------------------0.84%-1.03%1.88%0.62%1.14%1.26%1.52%1.85%0.90%

Helix Energy Solutions Group's average Quarter SG&A projection for Mar 24 is $11.47M, based on 1 Wall Street analysts, with a range of $9.18M to $13.77M. The forecast indicates a -50.05% fall compared to HLX last annual SG&A of $22.97M (Dec 23).

Helix Energy Solutions Group EPS Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111231113111111111
EPS--------------------$-0.19-$0.05$-0.03$0.02$-0.12$-0.20$-0.28$-0.17$-0.13
Avg Forecast--------$0.17$0.35$0.32$0.10$0.15$0.33$0.28$0.09$0.08$0.18$0.19$0.02$0.11$0.19$0.05$-0.04$-0.01$0.02$-0.16$-0.21$-0.26$-0.10
High Forecast--------$0.18$0.37$0.34$0.11$0.16$0.34$0.29$0.09$0.08$0.18$0.19$0.02$0.12$0.20$0.05$-0.04$-0.00$0.02$-0.16$-0.21$-0.26$-0.10
Low Forecast--------$0.16$0.33$0.31$0.10$0.14$0.31$0.26$0.08$0.07$0.18$0.19$0.02$0.11$0.18$0.05$-0.05$-0.01$0.02$-0.16$-0.21$-0.26$-0.10
Surprise %---------------------1.70%-0.99%0.77%-3.90%-7.15%1.25%1.33%0.66%1.25%

According to 1 Wall Street analysts, Helix Energy Solutions Group's projected average Quarter EPS for Sep 23 is $0.19, with a low estimate of $0.18 and a high estimate of $0.20. This represents a 299.96% increase compared to HLX previous annual EPS of $0.05 (Jun 23).

Helix Energy Solutions Group Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
RESRPC$5.68$10.0076.06%Hold
NRNewpark Resources$6.57$11.0067.43%Buy
OISOil States$4.72$7.5058.90%Hold
HLXHelix Energy Solutions Group$9.22$14.0051.84%Buy
NOVNOV$15.39$20.6734.31%Buy
FTITechnipFMC$26.39$26.18-0.80%Buy
RNGRRanger Energy Services$13.76$12.50-9.16%Hold
WHDCactus$61.36$54.00-11.99%Hold
OIIOceaneering$25.45$21.00-17.49%Buy

HLX Forecast FAQ


Yes, according to 6 Wall Street analysts, Helix Energy Solutions Group (HLX) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 3 'Buy' recommendations, accounting for 66.67% of HLX's total ratings.

Helix Energy Solutions Group (HLX) average price target is $14 with a range of $14 to $14, implying a 51.84% from its last price of $9.22. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for HLX stock, the company can go up by 51.84% (from the last price of $9.22 to the average price target of $14), up by 51.84% based on the highest stock price target, and up by 51.84% based on the lowest stock price target.

HLX's average twelve months analyst stock price target of $14 does not support the claim that Helix Energy Solutions Group can reach $14 in the near future.

Helix Energy Solutions Group's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $1.54B (high $1.6B, low $1.48B), average EBITDA is $71.46M (high $74.23M, low $68.34M), average net income is $0 (high $0, low $0), average SG&A $133.06M (high $138.23M, low $127.25M), and average EPS is $0 (high $0, low $0). HLX's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $1.6B (high $1.66B, low $1.53B), average EBITDA is $74.2M (high $77.08M, low $70.96M), average net income is $0 (high $0, low $0), average SG&A $138.16M (high $143.53M, low $132.13M), and average EPS is $0 (high $0, low $0).

Based on Helix Energy Solutions Group's last annual report (Dec 2023), the company's revenue was $1.29B, beating the average analysts forecast of $1.17B by 10.36%. Apple's EBITDA was $270.04M, beating the average prediction of $42.53M by 534.95%. The company's net income was $-10.838M, missing the average estimation of $23.39M by -146.34%. Apple's SG&A was $94.43M, beating the average forecast of $91.11M by 3.64%. Lastly, the company's EPS was $-0.0718, missing the average prediction of $0.304 by -123.63%. In terms of the last quarterly report (Dec 2023), Helix Energy Solutions Group's revenue was $335.16M, beating the average analysts' forecast of $316.87M by 5.77%. The company's EBITDA was $70.41M, beating the average prediction of $14.68M by 379.66%. Helix Energy Solutions Group's net income was $-28.333M, missing the average estimation of $17.34M by -263.41%. The company's SG&A was $22.97M, missing the average forecast of $27.33M by -15.96%. Lastly, the company's EPS was $-0.19, missing the average prediction of $0.112 by -269.69%