TDW

Tidewater's stock gained about 25% since June 30, 2026, driven by stronger offshore support vessel market conditions, including tightening supply, aging fleets, and constrained vessel reactivation, leading to increased utilization and day rates. In Q1 2026, Tidewater reported revenue of $326.2 million, beating estimates, but GAAP EPS of $0.12 missed expectations. For Q2 2026, revenue was $342.3 million, up 4.9% sequentially, with net income of $21.7 million ($0.43 per diluted share), missing analysts' consensus estimates. The company completed the acquisition of the Wilson Companies for $500.0 million on August 31, 2026, adding 22 platform supply vessels in Brazil. A $500.0 million share repurchase program was approved on August 1, 2025. Analysts have given Tidewater a "Moderate Buy" consensus rating, with an average 12-month price target of $98.25 as of October 7, 2026, with several firms upgrading their ratings. Insiders sold 42,705 shares worth approximately $4.1 million over the three months leading up to October 7, 2026. The share price as of September 21, 2026, was $85.57, representing a 56.52% increase from September 22, 2025, with a 52-week range between $46.65 and $101.58.