KLX Energy Services (KLXE) News Today

KLX Energy Services Holdings, Inc. (KLXE) — Shares are trading higher today despite a wave of downward revisions from Sidoti Csr. The key driver: Sidoti cut near-term 2026 EPS forecasts (negative), but also published a 2027 outlook that implies smaller losses (potentially limiting downside), and reported short-interest data is effectively zero (likely low short pressure or a data anomaly).

• Positive Sentiment: Sidoti's 2027 outlook is less negative than 2026 — analyst now models FY2027 EPS of ($2.58) with smaller quarterly losses (Q1–Q3 2027 estimates improved versus 2026), which could support a modest rebound in sentiment as investors price in recovery beyond 2026. Sidoti 2027 Estimates
• Neutral Sentiment: Reported short interest shows 0 shares (as of Oct. 24) — likely a reporting quirk; it suggests no visible short-pressure signal but the figure appears unreliable. Short Interest Report
• Neutral Sentiment: The market consensus for the current full year remains at about ($2.79) EPS — a midpoint between Sidoti's deeper 2026 cuts and the cleaner 2027 view, leaving room for differing interpretations by investors. Consensus Snapshot
• Negative Sentiment: Sidoti lowered multiple FY2026 quarterly and annual EPS forecasts: Q1 2026 to ($1.19) from ($1.01), Q2 to ($0.95) from ($0.69), Q3 to ($0.62) (slightly lower), Q4 to ($0.72) and cut FY2026 to ($3.49) from ($3.02). These deeper near-term loss expectations are the primary negative catalyst and raise execution and cash‑flow risk for investors. Sidoti 2026 Cuts

Bottom line for investors: near-term fundamentals were revised lower (negative), but the less-bad 2027 projections and lack of visible short pressure likely helped limit the selloff and may explain the stock's uptick. Risk remains high given larger FY2026 loss estimates; watch upcoming earnings, guidance and free‑cash‑flow signals.