Helios Technologies, Inc. HLIO is heading into 2026 with improving demand signals and a margin profile that strengthened steadily through 2025. The stock reflects a better operating backdrop, so the investment question now hinges on execution and how much of the recovery can translate into earnings power.

With a 6 –12 month price target of $73 and a current price of $63.83, the implied upside is about 14%. That potential return is tied to an improving near-term demand picture and ongoing margin rebuilding.

The near-term demand case rests on industrial indicators, and a stronger order backdrop that supported 10 straight months of year-over-year order growth through 2025. That trend provides better visibility into the first…