HLX Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, HLX stock has a consensus rating of "Buy" and an average price target of $12.5. The average 1-year stock price forecast is 31.72% higher than the current stock price, while the lowest is $9.00 (-5.16%) and the highest is $14 (+47.52%).

Price Target: $12.5 (+31.72%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$9.00	$12.5	$13.5	$14
Change	-5.16%	+31.72%	+42.26%	+47.52%

* Price targets were last updated on Apr 24, 2026.

Analyst Ratings

The average analyst rating for HLX stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '25	Nov '25	Dec '25	Feb '26	Apr '26	May '26
Strong Buy	1	1	1	1	1	1
Buy	3	3	3	3	3	3
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
James Schumm TD Cowen	TD Cowen	Buy Reiterates $13 → $14	Buy	Reiterates	$13 → $14	+47.52%	Apr 24, 2026
Gregory Lewis BTIG	BTIG	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Feb 24, 2026

Financial Forecast

Revenue This Year

1.32B

from 1.29B

2.16%

from 1.29B

Revenue Next Year

1.38B

from 1.32B

4.54%

from 1.32B

EPS This Year

0.30

from 0.21

46.54%

from 0.21

EPS Next Year

0.56

from 0.30

83.79%

from 0.30

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	674.73M	873.10M	1.29B	1.36B	1.29B	1.32B
Revenue Growth	-8.02%	29.40%	47.72%	5.34%	-4.94%	2.16%
Gross Profit	15.39M	50.62M	200.36M	219.56M	159.14M	172.85M
Gross Margin	2.28%	5.80%	15.53%	16.16%	12.32%	13.10%
Operating Income	-48.06M	-26.14M	105.93M	127.91M	83.20M	77.64M
Net Income	-61.54M	-87.78M	-10.84M	55.64M	30.83M	44.28M
EPS	-	-	-	-	0.21	0.30
EPS Growth	-	-	-	-	-66.81%	46.54%
Forward PE	-	38.70	16.94	11.98	26.68	31.29
Free Cash Flow	100.47M	124.78M	249.94M	146.78M	169.58M	120.86M
No. Analysts	-	-	-	-	-	3

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	1.3B
Avg	1.3B
Low	1.3B

Revenue Growth

Revenue Growth	2026	2027	2028
High	3.5%
Avg	2.2%
Low	0.4%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	0.30
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	46.5%
Low	-