KeyCorp Forecasts Talos Energy’s Q2 Earnings (NYSE:TALO)

Talos Energy Inc. (NYSE:TALO) – Analysts at KeyCorp upped their Q2 2026 earnings estimates for Talos Energy in a report released on Wednesday, June 3rd. KeyCorp analyst T. Rezvan now expects that the company will earn $0.30 per share for the quarter, up from their prior forecast of $0.23. 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 $0.31 per share. KeyCorp also issued estimates for Talos Energy’s Q4 2026 earnings at $0.19 EPS.

A number of other analysts have also issued reports on TALO. Weiss Ratings raised shares of Talos Energy from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Thursday, May 7th. JPMorgan Chase & Co. boosted their price target on Talos Energy from $16.00 to $17.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Wall Street Zen raised Talos Energy from a “hold” rating to a “buy” rating in a research note on Saturday, May 30th. Mizuho boosted their price target on Talos Energy from $17.00 to $18.00 and gave the company a “neutral” rating in a research note on Wednesday, May 27th. Finally, Benchmark cut Talos Energy from a “buy” rating to a “hold” rating in a research note on Thursday, March 5th. Three research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $17.67.

Talos Energy Price Performance

NYSE TALO opened at $15.31 on Friday. The company has a 50 day simple moving average of $15.33 and a 200-day simple moving average of $13.19. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.20 and a quick ratio of 1.20. The firm has a market capitalization of $2.55 billion, a price-to-earnings ratio of -3.55 and a beta of 0.33. Talos Energy has a 52-week low of $7.67 and a 52-week high of $17.05.

Talos Energy (NYSE:TALO) last posted its quarterly earnings results on Tuesday, May 5th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.04. The business had revenue of $472.31 million during the quarter, compared to analyst estimates of $446.39 million. Talos Energy had a negative net margin of 42.58% and a negative return on equity of 8.24%. The firm’s revenue was down 7.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.06 earnings per share.

Institutional Investors Weigh In On Talos Energy

Large investors have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC boosted its position in shares of Talos Energy by 20.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 5,243 shares of the company’s stock valued at $59,000 after acquiring an additional 884 shares during the period. Larson Financial Group LLC boosted its position in shares of Talos Energy by 28.4% in the fourth quarter. Larson Financial Group LLC now owns 4,240 shares of the company’s stock valued at $47,000 after acquiring an additional 939 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of Talos Energy by 22.7% in the third quarter. PNC Financial Services Group Inc. now owns 5,679 shares of the company’s stock valued at $54,000 after acquiring an additional 1,049 shares during the period. US Bancorp DE boosted its position in shares of Talos Energy by 17.4% in the third quarter. US Bancorp DE now owns 7,089 shares of the company’s stock valued at $68,000 after acquiring an additional 1,050 shares during the period. Finally, Royce & Associates LP boosted its position in shares of Talos Energy by 8.3% in the third quarter. Royce & Associates LP now owns 15,740 shares of the company’s stock valued at $151,000 after acquiring an additional 1,211 shares during the period. Institutional investors own 89.35% of the company’s stock.

Insider Activity at Talos Energy

In other Talos Energy news, insider Control Empresarial De Capital sold 339,568 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $16.80, for a total transaction of $5,704,742.40. Following the completion of the sale, the insider owned 40,460,036 shares of the company’s stock, valued at $679,728,604.80. This represents a 0.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last three months, insiders sold 2,935,568 shares of company stock valued at $48,892,022. Insiders own 0.36% of the company’s stock.

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.