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↓Deteriorating
- Platform Supply Vessel Concentration↓Deteriorating
- +1 more pillar — see the Why tab for full reasoning
Tidewater Inc. (TDW) Stock Analysis
Range Bound setup
Energy · Oil & Gas Equipment & Services
Wait for pullback to $68.78. At $74.66 the A.R:R is 0.1:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $68.78 (support + ATR (held)) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Product: PSVs (72.3%); Analyst target reached - limited upside remaining.
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
Wait for pullback to $68.78. At $74.66 the A.R:R is 0.1:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $68.78 (support + ATR (held)) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Product: PSVs (72.3%); Analyst target reached - limited upside remaining. Chart setup: RSI 51 mid-range, Bollinger mid-band. Earnings in 3 days. Wait until post-earnings. Score 5.1/10, moderate confidence.
Passes 4/8 gates (clean insider activity, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and earnings proximity 3d<=7d. Suitability: aggressive.
Recent developments
updated 2026-07-31Recent Developments — Tidewater Inc.
Latest news
- NEWS Tidewater (NYSE:TDW) Sets Up A Key Offshore Test - Kalkine Media — Kalkine Media positive
- NEWS What Is Behind Tidewater (NYSE:TDW)'s Latest Market Buzz? - Kalkine Media — Kalkine Media neutral
- NEWS Tidewater Inc (TDW) Earnings Forecast: Future EPS & Revenue Growth Estimates - TradingKey — TradingKey neutral
- NEWS Tidewater Inc (TDW) Technical Analysis: Support, Resistance, Indicators & Moving Averages - TradingKey — TradingKey neutral
- NEWS Is Tidewater (TDW) stock showing price compression | Q4 2025: Earnings Fall Short - AI Stock Signals - Newser — Newser negative
Generated 2026-07-31T21:27:49Z.
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.
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Rating Breakdown
2 floor-breakers
Revenue shrinking — -43.1% YoY. Growth thesis broken unless recovery story develops.static
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $68.78. At $74.66 the A.R:R is 0.1:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $68.78 (support + ATR (held)) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Product: PSVs (72.3%); Analyst target reached - limited upside remaining. Chart setup: RSI 51 mid-range, Bollinger mid-band. Earnings in 3 days. Wait until post-earnings. Target $75.32 (+0.9%), stop $63.16 (−18.2%), A.R:R 0.1:1. Score 5.1/10, moderate confidence.
Take-profit target: $75.32 (+0.7% upside). Target $75.32 (+0.9%), stop $63.16 (−18.2%), A.R:R 0.1:1. Stop-loss: $63.16.
Concentration risk — Product: PSVs (72.3%); Analyst target reached - limited upside remaining.
Tidewater Inc. trades at a P/E of 12.3 (forward 11.7). TrendMatrix value score: 6.8/10. Verdict: Buy (Wait for Entry).
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.