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With an upside potential of 17.68%, Helix Energy Solutions Group, Inc. (NYSE:HLX) is among the 8 Best Energy Infrastructure Stocks That Will Skyrocket.

On April 24, TD Cowen raised its price target on Helix Energy Solutions Group, Inc. (NYSE:HLX) to $14 from $13 while maintaining a Buy rating on the shares. The firm updated its model following in-line first-quarter results and the announcement of a reverse merger with Hornbeck, noting that while the strategic rationale is understandable, the deal’s economics were less compelling.

On April 23, Helix Energy Solutions Group, Inc. (NYSE:HLX) reported first-quarter revenue of $287.95 million, exceeding the consensus estimate of $263.91 million. Management highlighted $59 million in free cash flow generation and a strong liquidity position with over $500 million in cash, while also pointing to improving demand driven by higher commodity prices and supportive regulatory developments, with expectations for momentum to build into late 2026 and 2027.

Helix Energy Solutions Group, Inc. (NYSE:HLX) is an international offshore energy services company providing specialized services to the oil, gas, and renewable energy industries. The company operates as an energy infrastructure and service provider rather than a traditional exploration and production firm, delivering critical offshore intervention and production solutions. Founded in 1979, Helix is headquartered in Houston, Texas.

Helix Energy appears well-positioned with solid financial performance, strong free cash flow generation, and improving offshore demand trends, reinforcing its growth outlook. With an upside potential of 17.68%, the company offers an attractive opportunity supported by strengthening fundamentals and a favorable medium-term industry backdrop.

While we acknowledge the potential of HLX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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