Helix Energy Solutions Group (HLX) Stock Forecast, Price Target & Predictions
HLX Stock Forecast
Helix Energy Solutions Group stock forecast is as follows: an average price target of $14.00 (represents a 55.04% upside from HLX’s last price of $9.03) 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 55.04% upside from HLX's last price of $9.03.
HLX Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 19, 2024 | James Rollyson | Raymond James | $14.00 | $10.54 | 32.89% | 55.04% |
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 55.04% increase from HLX last price ($9.03).
Helix Energy Solutions Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $14.00 | $14.00 |
| Last Closing Price | $9.03 | $9.03 | $9.03 |
| Upside/Downside | -100.00% | 55.04% | 55.04% |
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 $9.03. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 24, 2024 | BTIG | Buy | Neutral | Downgrade |
| Sep 19, 2024 | Dawson James | Outperform | Initialise | |
| Sep 18, 2024 | Raymond James | Strong Buy | Initialise | |
| Jun 25, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Sep 20, 2023 | BTIG | Buy | Buy | Hold |
| Oct 26, 2022 | BTIG | Buy | Upgrade | |
| Jul 27, 2022 | Evercore ISI | Outperform | Upgrade | |
| Apr 26, 2022 | Zacks Investment Research | Hold | Downgrade |
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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $350.38M | $406.70M | $382.44M | $312.68M | $332.29M | $400.61M | $372.50M | $300.70M | $315.06M | $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 | $400.57M | $452.12M | $442.89M | $378.82M | $385.56M | $435.83M | $427.05M | $364.14M | $366.30M | $425.18M | $399.81M | $326.89M | $347.39M | $418.81M | $389.43M | $314.36M | $321.41M | $360.22M | $339.36M | $285.83M | $317.43M | $363.83M | $282.65M | $244.05M | $262.76M | $239.75M | $162.74M | $142.42M | $134.88M | $172.17M |
| Low Forecast | $363.27M | $410.02M | $401.65M | $343.55M | $349.66M | $395.25M | $387.28M | $330.23M | $332.19M | $385.59M | $362.58M | $296.45M | $315.04M | $379.82M | $353.17M | $285.09M | $308.71M | $359.13M | $339.36M | $285.83M | $316.30M | $329.96M | $256.33M | $221.33M | $238.29M | $239.75M | $162.74M | $142.42M | $134.88M | $172.17M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $70.41M | - | $20.20M | $860.00K | $23.28M | $-4.19M | $-23.47M | $-34.72M | $8.67M | $22.71M |
| Avg Forecast | $66.41M | $74.96M | $73.43M | $62.81M | $63.92M | $72.26M | $70.80M | $60.37M | $60.73M | $70.49M | $66.28M | $54.19M | $57.59M | $69.43M | $64.56M | $52.12M | $54.61M | $62.34M | $58.82M | $-875.26K | $54.92M | $60.32M | $46.86M | $-795.69K | $14.76M | $11.11M | $7.54M | $-723.36K | $6.25M | $7.98M |
| High Forecast | $69.43M | $78.36M | $76.76M | $65.66M | $66.83M | $75.54M | $74.02M | $63.11M | $63.49M | $73.69M | $69.30M | $56.66M | $60.21M | $72.59M | $67.50M | $54.49M | $55.71M | $62.43M | $58.82M | $-700.21K | $55.02M | $63.06M | $48.99M | $-636.55K | $17.71M | $11.11M | $7.54M | $-578.69K | $6.25M | $7.98M |
| Low Forecast | $62.96M | $71.07M | $69.62M | $59.54M | $60.60M | $68.51M | $67.13M | $57.24M | $57.58M | $66.83M | $62.84M | $51.38M | $54.60M | $65.83M | $61.21M | $49.41M | $53.51M | $62.25M | $58.82M | $-1.05M | $54.82M | $57.19M | $44.43M | $-954.83K | $11.81M | $11.11M | $7.54M | $-868.03K | $6.25M | $7.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.28% | - | 0.43% | -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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-28.33M | - | $7.10M | $-5.17M | $2.71M | $-18.76M | $-29.70M | $-42.03M | $-25.91M | $-19.04M |
| Avg Forecast | - | - | - | - | - | - | - | - | $26.80M | $52.46M | $46.80M | $15.35M | $23.59M | $49.66M | $43.11M | $13.73M | $13.79M | $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 | - | - | - | - | - | - | - | - | $28.38M | $55.56M | $49.56M | $16.26M | $24.99M | $52.59M | $45.65M | $14.54M | $14.60M | $28.57M | $29.30M | $-26.85M | $18.36M | $30.89M | $7.83M | $-24.41M | $-35.29M | $2.60M | $-24.76M | $-22.19M | $-39.72M | $-16.18M |
| Low Forecast | - | - | - | - | - | - | - | - | $24.99M | $48.92M | $43.64M | $14.31M | $22.00M | $46.31M | $40.20M | $12.80M | $12.86M | $28.11M | $29.28M | $-40.28M | $16.17M | $27.20M | $6.89M | $-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 $27.20M to $30.89M. 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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | $30.22M | $35.08M | $32.99M | $26.97M | $28.66M | $34.56M | $32.13M | $25.94M | $27.18M | $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 | $34.55M | $39.00M | $38.21M | $32.68M | $33.26M | $37.60M | $36.84M | $31.41M | $31.60M | $36.68M | $34.49M | $28.20M | $29.97M | $36.13M | $33.59M | $27.12M | $27.73M | $31.07M | $29.27M | $13.77M | $27.38M | $31.39M | $24.38M | $12.52M | $43.93M | $20.68M | $14.04M | $11.38M | $11.63M | $14.85M |
| Low Forecast | $31.34M | $35.37M | $34.65M | $29.64M | $30.16M | $34.10M | $33.41M | $28.49M | $28.66M | $33.26M | $31.28M | $25.57M | $27.18M | $32.76M | $30.47M | $24.59M | $26.63M | $30.98M | $29.27M | $9.18M | $27.29M | $28.46M | $22.11M | $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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.19 | - | $0.05 | $-0.03 | $0.02 | $-0.12 | $-0.20 | $-0.28 | $-0.17 | $-0.13 |
| Avg Forecast | - | - | - | - | - | - | - | - | $0.17 | $0.34 | $0.30 | $0.10 | $0.15 | $0.32 | $0.28 | $0.09 | $0.09 | $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 | $0.36 | $0.32 | $0.10 | $0.16 | $0.34 | $0.29 | $0.09 | $0.09 | $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 | $0.32 | $0.28 | $0.09 | $0.14 | $0.30 | $0.26 | $0.08 | $0.08 | $0.18 | $0.19 | $0.02 | $0.10 | $0.18 | $0.04 | $-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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HLX | Helix Energy Solutions Group | $9.19 | $14.00 | 52.34% | Buy |
| OIS | Oil States | $4.95 | $7.50 | 51.52% | Hold |
| NOV | NOV | $14.56 | $22.00 | 51.10% | Buy |
| NR | Newpark Resources | $7.62 | $11.00 | 44.36% | Buy |
| RES | RPC | $5.93 | $7.00 | 18.04% | Hold |
| FTI | TechnipFMC | $29.96 | $34.50 | 15.15% | Buy |
| WHD | Cactus | $61.48 | $54.00 | -12.17% | Hold |
| RNGR | Ranger Energy Services | $14.93 | $13.00 | -12.93% | Hold |
| OII | Oceaneering | $25.29 | $21.00 | -16.96% | Buy |