Tidewater earns strong margins of 22% with free cash flow at 129% of net income and a Piotroski financial health score of 8 out of 9, but revenue has declined 43% year-over-year and the company has missed earnings estimates in 2 of the last 4 quarters — including an 82% miss in the most recent quarter — while the stock price has essentially reached the analyst target.
Thesis pillars
- Strong Cash Conversion Quality→Stable
- Revenue Decline Concern→Stable
- Platform Supply Vessel Concentration→Stable
- +1 more pillar — see the Why tab for full reasoning
Tidewater Inc. (TDW) Stock Analysis
Energy · Oil & Gas Equipment & Services
Sell if holding. At $68.19, A.R:R 1.3:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Consecutive earnings misses (2); Concentration risk — Product: PSVs (72.3%).
Tidewater provides offshore vessel services to the global oil and gas and offshore wind industries, operating 208 vessels across five geographic segments—Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa. Revenue comes primarily from PSV time-charter day... Read more
Sell if holding. At $68.19, A.R:R 1.3:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Consecutive earnings misses (2); Concentration risk — Product: PSVs (72.3%). Chart setup: No clear chart pattern; technical signals are mixed. Score 5.4/10, moderate confidence.
Passes 6/8 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 29d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-07-07Recent Developments — Tidewater Inc.
Latest news
- NEWS Is Tidewater (TDW) stock showing price compression | Q4 2025: Earnings Fall Short - AI Stock Signals - Newser — Newser negative
- NEWS Is Tidewater (TDW) stock showing price compression | Q4 2025: Earnings Fall Short - Dividend Suspension - Newser — Newser negative
- NEWS Tidewater Inc (TDW) Stock Down 4.9% but Still Overvalued -- GF S - GuruFocus — GuruFocus negative
- NEWS Tidewater stock hits 52-week high at 90.33 USD By Investing.com - Investing.com India — Investing.com India positive
- NEWS Earnings To Watch: Tidewater (TDW) Reports Q1 Results Tomorrow - Yahoo Finance — Yahoo Finance neutral
Generated 2026-07-07T11:41:57Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHProductPSVs72%10-K Item 1: 'our PSVs contributed approximately 72.3% of our vessel revenue.'
- MEDIUMCustomertop-10 customers48%10-K Item 1: 'our ten largest customers accounted for approximately 47.9% of our total revenues.'
Material Events(8-K, last 90d)
- 2026-03-19Item 5.02LOWDirector Darron M. Anderson notified the Board on March 17, 2026 of his intent not to stand for reelection at the 2026 Annual Meeting. No disagreement cited. Board size will reduce from 8 to 7 directors.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
2 floor-breakers
Revenue shrinking — -43.1% YoY. Growth thesis broken unless recovery story develops.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. At $68.19, A.R:R 1.3:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Consecutive earnings misses (2); Concentration risk — Product: PSVs (72.3%). Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $63.42. Score 5.4/10, moderate confidence.
Take-profit target: $75.32 (+10.5% upside). Prior stop was $63.42. Stop-loss: $63.42.
Concentration risk — Product: PSVs (72.3%); Consecutive earnings misses (2); Weak growth.
Tidewater Inc. trades at a P/E of 11.5 (forward 10.9). TrendMatrix value score: 7.2/10. Verdict: Sell.
13 analysts cover TDW with a consensus score of 3.5/5. Average price target: $87.
What does Tidewater Inc. do?Tidewater provides offshore vessel services to the global oil and gas and offshore wind industries, operating 208...
Tidewater provides offshore vessel services to the global oil and gas and offshore wind industries, operating 208 vessels across five geographic segments—Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa. Revenue comes primarily from PSV time-charter day rates (72.3% of 2025 vessel revenue), with the ten largest customers representing 47.9% of total revenues.