Raymond James analyst James Rollyson has reiterated Helix Energy Solutions Group's (HLX) "Outperform" rating, but lowered the price target to $9.00, down from $10.00, a 10% decrease. The average analyst target price is $11.57, with a high estimate of $14.34 and a low estimate of $9.00, indicating an upside of 89.95% from the current price of $6.09.
On July 25, 2025, Raymond James analyst James Rollyson reiterated his "Outperform" rating for Helix Energy Solutions Group (HLX, Financial), while adjusting the price target down to $9.00 from the previous $10.00. This represents a 10% decrease in the anticipated share price [1].
Despite the lowered price target, the overall outlook remains positive, with an average analyst target price of $11.57, ranging from $9.00 to $14.34. This indicates an expected upside of 89.95% from the current price of $6.09 [1].
The latest earnings call for the second quarter of 2025 highlighted Helix Energy Solutions Group's (HLX) strong cash position, with $320 million in cash and cash equivalents and $375 million in liquidity. The company secured strategic contracts, including a multi-year trenching contract for the North Sea, which commences in 2027 and extends to 2030 [2].
However, the quarter ended with a net loss of $3 million, primarily due to regulatory docking of the Q5000 and the demobilization of the Q4000. Market conditions in the UK and the Gulf of America also affected revenue generation [2].
Analysts and financial professionals should consider these factors when evaluating Helix Energy Solutions Group's (HLX) stock. The company's strong liquidity position and strategic contracts provide a foundation for future growth, but the current market conditions and regulatory challenges pose potential risks.
References:
[1] https://www.gurufocus.com/news/3006219/hlx-analyst-reiterates-rating-but-lowers-price-target-hlx-stock-news
[2] https://www.gurufocus.com/news/3004605/helix-energy-solutions-group-inc-hlx-q2-2025-earnings-call-highlights-navigating-challenges-with-strategic-contracts-and-strong-liquidity
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