Tidewater (TDW) 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
- Adjusted EPS
- $0.44
- Estimate
- $0.43
- Surprise
- +3.3%
- Revenue (period 2026-06-30)
- $342.3M
- Score at report (before → after)
- 5.1 → 5.2/10
Revenue source: xbrl.
How the report landed
Tidewater (TDW) beat the $0.43 estimate with adjusted EPS of $0.44 — a clear 3.3% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.1/10) to Sell at 5.2/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates TDW Sell at 5.7/10.
2 of the last 4 quarters beat the estimate; this quarter's +3.3% surprise compares with a -25.0% four-quarter average. Next scheduled report: 2026-11-09.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.6 in RISK_OFF)
- Sector modifier (Energy): +1.2
What argues against it
- Concentration risk — Product: PSVs (72.3%)
- Analyst target reached - limited upside remaining
- Consecutive earnings misses (2)
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
- $86.82
- Price target
- $99.55
- Stop
- $81.98
- Upside to target
- +14.7%
The stock trades at 17.7× trailing but 14.3× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.
TDW 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
- $4.27B
- P/E (fwd)
- 14.3
- P/E (ttm)
- 17.7
- 52-week range
- $46.65–$101.58
- Off 52-week high
- 14.5%
- RSI (14)
- 33
- Volume vs avg
- 0.73×
- Score today
- 5.7/10