KeyCorp Analysts Raise Earnings Estimates for Talos Energy

Key Points

• KeyCorp raised its Q1 2026 EPS estimate for Talos to ($0.20) from ($0.37), keeps an Overweight rating and a $21 price target, and projects FY2026 EPS of $0.22 and FY2027 EPS of $0.34.
• Talos recently missed quarterly expectations, reporting ($0.44) EPS vs. consensus ($0.27) and revenue of $392.2M (vs. $431.2M expected), with revenue down 19.2% year‑over‑year and negative margins/ROE.
• The stock opened down 7.7% at $14.92 (market cap ~$2.51B; 52‑week range $6.23–$17.00), while institutions own ~89.4% of shares and an insider sold 1.352M shares for ~$22.55M.

Talos Energy Inc. (NYSE:TALO - Free Report) - KeyCorp boosted their Q1 2026 earnings per share (EPS) estimates for Talos Energy in a report issued on Wednesday, April 1st. KeyCorp analyst T. Rezvan now forecasts that the company will post earnings of ($0.20) per share for the quarter, up from their prior estimate of ($0.37). KeyCorp currently has a "Overweight" rating and a $21.00 target price on the stock. The consensus estimate for Talos Energy's current full-year earnings is ($0.44) per share. KeyCorp also issued estimates for Talos Energy's Q2 2026 earnings at $0.18 EPS, Q3 2026 earnings at $0.15 EPS, Q4 2026 earnings at $0.10 EPS, FY2026 earnings at $0.22 EPS, Q1 2027 earnings at $0.16 EPS, Q2 2027 earnings at $0.13 EPS, Q3 2027 earnings at $0.00 EPS, Q4 2027 earnings at $0.04 EPS and FY2027 earnings at $0.34 EPS.

Talos Energy (NYSE:TALO - Get Free Report) last posted its quarterly earnings data on Tuesday, February 24th. The company reported ($0.44) EPS for the quarter, missing analysts' consensus estimates of ($0.27) by ($0.17). The business had revenue of $392.24 million during the quarter, compared to the consensus estimate of $431.22 million. Talos Energy had a negative return on equity of 6.59% and a negative net margin of 27.77%.The company's revenue for the quarter was down 19.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.08 earnings per share.

Other equities analysts have also issued reports about the company. Citigroup lifted their price objective on Talos Energy from $16.00 to $20.00 and gave the stock a "buy" rating in a research note on Tuesday, March 31st. Weiss Ratings reiterated a "sell (d)" rating on shares of Talos Energy in a research note on Monday, December 29th. Benchmark lowered Talos Energy from a "buy" rating to a "hold" rating in a research note on Thursday, March 5th. Mizuho boosted their price target on Talos Energy from $14.00 to $15.00 and gave the company a "neutral" rating in a research note on Tuesday, March 17th. Finally, Wall Street Zen upgraded Talos Energy from a "sell" rating to a "hold" rating in a research note on Saturday, April 4th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $17.20.

Talos Energy Trading Down 7.7%

Talos Energy stock opened at $14.92 on Thursday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.30 and a current ratio of 1.30. The business's 50-day simple moving average is $13.73 and its 200-day simple moving average is $11.69. The firm has a market capitalization of $2.51 billion, a PE ratio of -5.25 and a beta of 0.35. Talos Energy has a 52 week low of $6.23 and a 52 week high of $17.00.

Hedge Funds Weigh In On Talos Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in TALO. Sourcerock Group LLC increased its stake in Talos Energy by 11.0% during the second quarter. Sourcerock Group LLC now owns 11,193,177 shares of the company's stock valued at $94,918,000 after acquiring an additional 1,110,685 shares during the period. Nuveen LLC boosted its holdings in Talos Energy by 341.7% during the fourth quarter. Nuveen LLC now owns 1,423,138 shares of the company's stock valued at $15,683,000 after purchasing an additional 1,100,967 shares in the last quarter. Federated Hermes Inc. boosted its holdings in Talos Energy by 2,347.6% during the fourth quarter. Federated Hermes Inc. now owns 643,231 shares of the company's stock valued at $7,088,000 after purchasing an additional 616,951 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Talos Energy by 25.0% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,965,543 shares of the company's stock valued at $28,440,000 after purchasing an additional 592,509 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in Talos Energy by 61.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,506,442 shares of the company's stock valued at $16,601,000 after purchasing an additional 572,628 shares in the last quarter. 89.35% of the stock is currently owned by institutional investors.

Insider Transactions at Talos Energy

In related news, insider Control Empresarial De Capital sold 1,352,000 shares of the business's stock in a transaction dated Friday, March 27th. The stock was sold at an average price of $16.68, for a total transaction of $22,551,360.00. Following the transaction, the insider directly owned 41,233,604 shares in the company, valued at $687,776,514.72. The trade was a 3.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.36% of the stock is owned by corporate insiders.

Talos Energy Company Profile

Talos Energy Inc is an independent oil and gas exploration and production company headquartered in Houston, Texas. Founded in 2012 by industry veterans Tim Duncan and Jeremy Rights, the firm completed its initial public offering in 2021 and trades on the New York Stock Exchange under the ticker symbol TALO. The company's core operations focus on the acquisition, exploration, development and production of offshore hydrocarbon reserves, with a primary emphasis on the U.S. Gulf of Mexico basin.

Talos Energy's asset portfolio spans deepwater and shelf opportunities in the Gulf of Mexico, where it holds interests in several producing fields and exploration blocks.

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