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HP Stock Forecast: Helmerich & Payne Inc. Price Predictions for 2026

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$34.94

+0.43 (1.25%)

HP Stock Forecast 2026-2027

$34.94
Current Price
$3.55B
Market Cap
16 Ratings
Buy 7
Hold 8
Sell 1
Wall St Analyst Ratings

Distance to HP Price Targets

+25.9%
To High Target of $44.00
+8.8%
To Median Target of $38.00
-14.1%
To Low Target of $30.00

HP Price Momentum

+0.7%
1 Week Change
-1.9%
1 Month Change
+69.7%
1 Year Change
+21.8%
Year-to-Date Change
-7.7%
From 52W High of $37.87
+138.5%
From 52W Low of $14.65
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Latest HP Stock Price Targets & Analyst Predictions

Based on our analysis of 23 Wall Street analysts, HP has a neutral consensus with a median price target of $38.00 (ranging from $30.00 to $44.00). The overall analyst rating is Buy (7.0/10). Currently trading at $34.94, the median forecast implies a 8.8% upside. This outlook is supported by 7 Buy, 8 Hold, and 1 Sell ratings.

The most optimistic forecast comes from Ian Macpherson at Piper Sandler, projecting a 25.9% upside. Conversely, the most conservative target is provided by Connor Lynagh at Morgan Stanley, suggesting a 14.1% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

HP Analyst Ratings

7
Buy
8
Hold
1
Sell

HP Price Target Range

Low
$30.00
Average
$38.00
High
$44.00
Current: $34.94

Latest HP Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for HP.

Date Firm Analyst Rating Change Price Target
Apr 15, 2026 Morgan Stanley Daniel Kutz Underweight Maintains $35.00
Apr 15, 2026 Piper Sandler Derek Podhaizer Overweight Maintains $41.00
Apr 7, 2026 Susquehanna Charles Minervino Positive Maintains $42.00
Feb 11, 2026 Citigroup Scott Gruber Neutral Maintains $38.00
Feb 10, 2026 Barclays Eddie Kim Overweight Maintains $39.00
Feb 9, 2026 Piper Sandler Derek Podhaizer Overweight Maintains $40.00
Feb 9, 2026 TD Cowen Marc Bianchi Hold Maintains $38.00
Feb 6, 2026 RBC Capital Keith Mackey Sector Perform Maintains $36.00
Jan 7, 2026 Susquehanna Charles Minervino Positive Maintains $36.00
Jan 7, 2026 TD Cowen Marc Bianchi Hold Maintains $35.00
Dec 18, 2025 Piper Sandler Ian Macpherson Overweight Upgrade $35.00
Dec 17, 2025 Barclays Eddie Kim Overweight Maintains $36.00
Dec 11, 2025 Citigroup Scott Gruber Neutral Maintains $33.00
Dec 10, 2025 JP Morgan Sean Meakim Overweight Upgrade $34.00
Nov 25, 2025 Morgan Stanley Daniel Kutz Underweight Maintains $23.00
Nov 25, 2025 Citigroup Scott Gruber Neutral Maintains $29.00
Nov 21, 2025 Goldman Sachs Neil Mehta Neutral Upgrade $28.00
Nov 20, 2025 RBC Capital Keith Mackey Sector Perform Maintains $29.00
Nov 20, 2025 Barclays Eddie Kim Overweight Maintains $29.00
Nov 19, 2025 Susquehanna Charles Minervino Positive Maintains $31.00

Helmerich & Payne Inc. (HP) Competitors

The following stocks are similar to Helmerich & Payne based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Helmerich & Payne Inc. (HP) Financial Data

Helmerich & Payne Inc. has a market capitalization of $3.55B with a P/E ratio of 7.0x. The company generates $4.09B in trailing twelve-month revenue with a -7.7% profit margin.

Revenue growth is +50.2% quarter-over-quarter, while maintaining an operating margin of +4.3% and return on equity of -11.0%.

Valuation Metrics

Market Cap $3.55B
Enterprise Value $5.27B
P/E Ratio 7.0x
PEG Ratio 0.0x
Price/Sales 0.9x

Growth & Margins

Revenue Growth (YoY) +50.2%
Gross Margin +15.0%
Operating Margin +4.3%
Net Margin -7.7%
EPS Growth +50.2%

Financial Health

Cash/Price Ratio +7.7%
Current Ratio 2.0x
Debt/Equity 75.2x
ROE -11.0%
ROA +1.9%
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Helmerich & Payne Inc. logo

Helmerich & Payne Inc. (HP) Business Model

About Helmerich & Payne Inc.

What They Do

Provides drilling services to oil and gas companies.

Business Model

The company operates on a day-rate contract model, generating revenue through a variety of agreements, including well-to-well and multi-year fixed-term contracts with major oil companies and independent producers. It has a diverse operational footprint across North America, offshore markets, and international locations.

Additional Information

Helmerich & Payne boasts one of the largest fleets of advanced drilling rigs in North America, equipped with cutting-edge technology for efficient drilling operations. Its segments include North America Solutions, Offshore Solutions, and International Solutions, complemented by manufacturing facilities in Texas and Oklahoma for rig assembly and upgrades.

Company Information

Sector

Energy

Industry

Oil & Gas Drilling

Employees

15,700

CEO

Mr. Raymond John Adams III

Country

United States

IPO Year

1980

Helmerich & Payne Inc. (HP) Latest News & Analysis

Latest News

HP stock latest news image
Quick Summary

Helmerich & Payne, Inc. (NYSE: HP) will discuss its fiscal Q2 2026 results in a conference call on May 7, 2026, at 11 a.m. ET. Details and materials will be available on hpinc.com.

Why It Matters

Helmerich & Payne's upcoming earnings call will provide insights into its financial performance, impacting stock valuation and investor sentiment in the oil and gas sector.

Source: Business Wire
Market Sentiment: Neutral
HP stock latest news image
Quick Summary

Dell Technologies and HP Inc. shares rose after a report indicated Nvidia may be negotiating a major acquisition, potentially impacting the personal computer industry.

Why It Matters

Nvidia's potential acquisition could disrupt the PC industry, boosting Dell and HP shares due to anticipated market changes and increased competition, signaling investment opportunities.

Source: Invezz
Market Sentiment: Positive
HP stock latest news image
Quick Summary

Helmerich & Payne, Inc. has sold Utica Square in Tulsa to Northwood Investors for over $100 million, advancing its debt reduction efforts.

Why It Matters

Helmerich & Payne's sale of Utica Square boosts its debt reduction efforts, enhancing financial stability and potentially improving its stock performance.

Source: Business Wire
Market Sentiment: Neutral
HP stock latest news image
Quick Summary

Helmerich & Payne, Inc. appointed Trey Adams as President and CEO on March 4, 2026, and announced updates to its executive leadership to support strategic priorities.

Why It Matters

Leadership changes at Helmerich & Payne signal a strategic shift that could impact company performance and investor confidence, influencing stock value and market perception.

Source: Business Wire
Market Sentiment: Neutral
HP stock latest news image
Quick Summary

Helmerich & Payne, a drilling services provider, has experienced a 21% increase in its stock price year to date.

Why It Matters

Helmerich & Payne's 21% year-to-date increase signals strong performance, potentially attracting investor interest and indicating positive market sentiment in the drilling sector.

Source: Barrons
Market Sentiment: Positive
HP stock latest news image
Quick Summary

Helmerich & Payne, Inc. has seen a 28% return, with Q1 2026 revenue up 50.2% YoY, boosted by the KCA Deutag acquisition, despite margin impacts from impairment charges. Strong liquidity and strategic positioning are noted.

Why It Matters

Helmerich & Payne's strong revenue growth and strategic expansion enhance its market position, while rising oil prices and efficient debt management suggest future profitability and stability.

Source: Seeking Alpha
Market Sentiment: Positive

Frequently Asked Questions About HP Stock

What is Helmerich & Payne Inc.'s (HP) stock forecast for 2026?

Based on our analysis of 23 Wall Street analysts, Helmerich & Payne Inc. (HP) has a median price target of $38.00. The highest price target is $44.00 and the lowest is $30.00.

Is HP stock a good investment in 2026?

According to current analyst ratings, HP has 7 Buy ratings, 8 Hold ratings, and 1 Sell ratings. The stock is currently trading at $34.94. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for HP stock?

Wall Street analysts predict HP stock could reach $38.00 in the next 12 months. This represents a 8.8% increase from the current price of $34.94. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Helmerich & Payne Inc.'s business model?

The company operates on a day-rate contract model, generating revenue through a variety of agreements, including well-to-well and multi-year fixed-term contracts with major oil companies and independent producers. It has a diverse operational footprint across North America, offshore markets, and international locations.

What is the highest forecasted price for HP Helmerich & Payne Inc.?

The highest price target for HP is $44.00 from Ian Macpherson at Piper Sandler, which represents a 25.9% increase from the current price of $34.94.

What is the lowest forecasted price for HP Helmerich & Payne Inc.?

The lowest price target for HP is $30.00 from Connor Lynagh at Morgan Stanley, which represents a -14.1% decrease from the current price of $34.94.

What is the overall HP consensus from analysts for Helmerich & Payne Inc.?

The overall analyst consensus for HP is neutral. Out of 23 Wall Street analysts, 7 rate it as Buy, 8 as Hold, and 1 as Sell, with a median price target of $38.00.

How accurate are HP stock price projections?

Stock price projections, including those for Helmerich & Payne Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: April 17, 2026 6:23 AM UTC
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