Helix Energy Maintains Moderate Buy Rating with Analyst Consensus at $11.50.

BTIG analyst maintains Hold rating on Helix Energy, with a one-year high of $12.89 and a one-year low of $5.66. The company has an average volume of 1.76M and a Moderate Buy consensus with an average price target of $11.50.

BTIG analyst maintains a Hold rating on Helix Energy Solutions Group (HLX), with a one-year high of $12.89 and a one-year low of $5.66. The company's stock has an average daily trading volume of 1.76 million shares, and the overall analyst consensus stands at a Moderate Buy, with an average price target of $11.50. Despite the Hold rating, the company's stock has shown resilience, trading within a range of $5.66 to $12.89 over the past year.

Helix Energy Solutions Group reported a net loss of $2.6 million in the second quarter of 2025, a 56% drop in Adjusted EBITDA to $42.4 million, and a free cash flow deficit of $21.6 million. However, the company's balance sheet remains strong, with $319.7 million in cash and $70.5 million in available ABL facility capacity, totaling $374.9 million in liquidity. This liquidity position allows Helix to navigate through the current downturn while continuing its aggressive share repurchase program.

The company's Well Intervention segment saw a 60% plunge in operating income to a $16.4 million loss, largely due to vessel maintenance delays and reduced activity in the UK North Sea. Conversely, the Robotics segment reported a 68% sequential revenue jump to $85.6 million and a 5% year-over-year increase, indicating a shift towards high-margin, technology-driven services.

BTIG's Hold rating is based on the company's near-term challenges and the uncertainty surrounding the energy services sector. However, the analyst's one-year high price target of $12.89 suggests potential upside if the company can successfully navigate these challenges and capitalize on its strategic pivot towards technology-driven services.

References:

[1] https://www.tipranks.com/stocks/hlx/forecast
[2] https://www.ainvest.com/news/helix-energy-weak-term-outlook-cheap-ignore-2507/