Helix Energy Solutions Group, I (HLX) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.14
- Estimate
- $0.08
- Surprise
- +82.1%
- Score at report (before → after)
- 5.0 → 6.1/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Helix Energy Solutions Group, I (HLX) beat the $0.08 estimate with diluted EPS of $0.14 — a large 82.1% upside surprise. TrendMatrix's engine moved from Sell (5.0/10) to Hold at 6.1/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates HLX Hold at 6.1/10.
2 of the last 4 quarters beat the estimate; this quarter's +82.1% surprise compares with a +80.2% four-quarter average. Next scheduled report: 2026-10-21.
What supports the rating
- Strong growth profile
What argues against it
- Concentration risk — Customer: six largest backlog customers (82.0%)
- Analyst target reached - limited upside remaining
- Near 52-week high (3.7% away)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $10.35
- Price target
- $10.62
- Stop
- $9.65
- Upside to target
- +2.6%
- Reward-to-risk
- 0.2:1
The stock trades at 43.1× trailing but 19.1× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-08-23 — shown for context, not personalized investment advice.
HLX at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas Equipment & Services
- Market cap
- $1.53B
- P/E (fwd)
- 19.1
- P/E (ttm)
- 43.1
- 52-week range
- $6.03–$10.75
- Off 52-week high
- 3.7%
- RSI (14)
- 70
- Volume vs avg
- 0.72×
- Score today
- 6.1/10