Yes there is hope. You need to pop it in a little box or an egg cup and pop it back into the incubator . It is very important not to pull at the yolk. Let it absorb into the chick.
Scroll down the page till you come to the pics of the chick like yours. This article of @Sally Sunshine 's is the best I've seen. Bookmark it for later reference!
I realize this is an older thread but I have a broody mama who hatched out one good chick over night and another late this morning. It's unabsorbed yolk sack (similar to the op's photo) is broken and oozing it's contents. It's weak and the mama seems oblivious.
Any suggestions as to how to assist it?
edit to update that the little one didn't make it.