Tidewater Inc. (TDW)
NYSE: TDW · IEX Real-Time Price · USD
93.63
-3.26 (-3.36%)
At close: Apr 15, 2024, 4:00 PM
98.00
+4.37 (4.67%)
Pre-market: Apr 16, 2024, 8:00 AM EDT
Tidewater Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Tidewater stock have an average target of 93, with a low estimate of 85 and a high estimate of 110. The average target predicts a decrease of -0.67% from the current stock price of 93.63.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Tidewater stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 4 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BTIG | BTIG | Strong Buy Maintains $90 → $110 | Strong Buy | Maintains | $90 → $110 | +17.48% | Mar 19, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $87 → $89 | Buy | Maintains | $87 → $89 | -4.94% | Mar 4, 2024 |
| Johnson Rice | Johnson Rice | Strong Buy Initiates $88 | Strong Buy | Initiates | $88 | -6.01% | Feb 9, 2024 |
| Pickering Energy Partners | Pickering Energy Partners | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Jan 30, 2024 |
| BTIG | BTIG | Strong Buy Maintains $75 → $90 | Strong Buy | Maintains | $75 → $90 | -3.88% | Sep 20, 2023 |
Financial Forecast
Revenue This Year
1.43B
from 1.01B
Increased by 41.09%
Revenue Next Year
1.64B
from 1.43B
Increased by 15.37%
EPS This Year
5.28
from 1.84
Increased by 186.91%
EPS Next Year
8.17
from 5.28
Increased by 54.85%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.5B | 1.8B | 2.0B |
| Avg | 1.4B | 1.6B | 1.9B |
| Low | 1.3B | 1.5B | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 49.1% | 23.6% | 23.1% |
| Avg | 41.1% | 15.4% | 16.6% |
| Low | 32.6% | 5.3% | 11.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.93 | 10.22 | 15.27 |
| Avg | 5.28 | 8.17 | 13.44 |
| Low | 4.60 | 5.91 | 11.83 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 222.4% | 93.5% | 86.8% |
| Avg | 186.9% | 54.9% | 64.4% |
| Low | 149.8% | 11.9% | 44.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.