How Much Upside is Left in Tidewater (TDW)? Wall Street Analysts Think 31.5%

Core Viewpoint - Tidewater (TDW) has shown a 7.3% increase in stock price over the past four weeks, with a mean price target of $74.8 indicating a potential upside of 31.5% from the current price of $56.88 [1] Price Targets and Analyst Estimates - The mean estimate consists of five short-term price targets with a standard deviation of $20.27, indicating variability among analysts; the lowest estimate is $55.00 (3.3% decline), while the highest is $108.00 (89.9% increase) [2] - A low standard deviation suggests a strong agreement among analysts regarding the stock's price movement direction, which can serve as a starting point for further research [9] Earnings Estimates and Analyst Sentiment - There is increasing optimism among analysts about TDW's earnings prospects, as indicated by a strong consensus in revising EPS estimates higher, which correlates with potential stock price increases [11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has risen by 22.8%, with one estimate moving higher and no negative revisions [12] - TDW holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, suggesting a solid potential upside [13] Caution on Price Targets - While consensus price targets are often used by investors, relying solely on them may not be prudent due to historical inaccuracies in predicting stock price movements [3][7][10] - Analysts may set overly optimistic price targets influenced by business relationships, which can lead to inflated expectations [8]