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HLXHelix Energy Solutions Group, IHold6.1·$10.35-1.05%

Helix Energy Solutions Group, I (HLX) Q2 2026 earnings — TrendMatrix coverage

BEAT+82.1% vs estimateEPS $0.14 vs $0.08 estVerdict SellHold

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Reported EPS
$0.14
Estimate
$0.08
Surprise
+82.1%
Score at report (before → after)
5.06.1/10

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.

Report record · Q2 2026

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.

Current read · as of 2026-08-23

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.

Current engine read

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.

Energy context

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

Earnings figures are sourced from TrendMatrix’s pipeline (EPS: existing earnings extraction; revenue: SEC XBRL company facts where available, yfinance-provisional otherwise). Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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