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Helmerich & Payne - HP Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $38.57
  • Forecasted Upside: 26.67%
  • Number of Analysts: 9
  • Breakdown:
  • 1 Sell Ratings
  • 5 Hold Ratings
  • 2 Buy Ratings
  • 1 Strong Buy Ratings
$30.45 As of 12/20/2024 06:31 PM ET
▲ +0.15 (0.50%)

This chart shows the closing price for HP by one month, three months, or twelve months.

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Analyst Price Target for HP

Analyst Price Target is $38.57
▲ +26.67% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Helmerich & Payne in the last 3 months. The average price target is $38.57, with a high forecast of $50.00 and a low forecast of $33.00. The average price target represents a 26.67% upside from the last price of $30.45.

This chart shows the closing price for HP for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 9 polled investment analysts is to hold stock in Helmerich & Payne. This rating has held steady since June 2024, when it changed from a Reduce consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 2 sell ratings
Ratings as of
6/29/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 2 sell ratings
Ratings as of
9/27/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 2 sell ratings
Ratings as of
12/26/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 2 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 2 sell ratings
Ratings as of
6/23/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 2 sell ratings
Ratings as of
9/21/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
11/20/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
12/20/2024

Latest Recommendations

  • 1 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/21/2024BenchmarkReiterated RatingHold
11/20/2024BarclaysLower TargetEqual Weight ➝ Equal Weight$39.00 ➝ $36.00
11/15/2024Royal Bank of CanadaLower TargetSector Perform ➝ Sector Perform$44.00 ➝ $41.00
10/16/2024BarclaysLower TargetEqual Weight ➝ Equal Weight$42.00 ➝ $39.00
9/13/2024CitigroupLower TargetNeutral ➝ Neutral$41.00 ➝ $33.00
8/29/2024The Goldman Sachs GroupLower TargetSell ➝ Sell$38.00 ➝ $34.00
8/5/2024BenchmarkReiterated RatingHold
7/26/2024Evercore ISIUpgradeStrong-Buy
7/26/2024Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$48.00 ➝ $50.00
7/25/2024BenchmarkReiterated RatingHold
7/15/2024Bank of AmericaLower TargetBuy ➝ Buy$42.50 ➝ $40.00
7/15/2024Piper SandlerLower TargetNeutral ➝ Neutral$39.00 ➝ $36.00
5/6/2024Piper SandlerLower TargetNeutral ➝ Neutral$44.00 ➝ $39.00
4/26/2024SusquehannaLower TargetPositive ➝ Positive$52.00 ➝ $50.00
4/25/2024BenchmarkReiterated RatingHold
4/16/2024CitigroupBoost TargetNeutral ➝ Neutral$40.00 ➝ $42.00
4/8/2024SusquehannaBoost TargetPositive ➝ Positive$50.00 ➝ $52.00
4/1/2024SusquehannaReiterated RatingPositive ➝ Positive$50.00
2/20/2024Piper SandlerBoost TargetNeutral ➝ Neutral$41.00 ➝ $44.00
2/13/2024SusquehannaReiterated RatingPositive ➝ Positive$50.00
1/31/2024Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$46.00 ➝ $48.00
1/16/2024BenchmarkDowngradeBuy ➝ Hold
1/12/2024The Goldman Sachs GroupLower TargetSell ➝ Sell$37.00 ➝ $33.00
1/10/2024BarclaysDowngradeOverweight ➝ Equal Weight$44.00 ➝ $40.00
1/8/2024Piper SandlerDowngradeOverweight ➝ Neutral$47.00 ➝ $41.00
12/6/2023SusquehannaLower TargetPositive ➝ Positive$53.00 ➝ $50.00
11/16/2023Atb Cap MarketsDowngradeOutperform ➝ Sector Perform
11/13/2023Piper SandlerLower TargetOverweight ➝ Overweight$51.00 ➝ $47.00
10/17/2023Morgan StanleyBoost TargetUnderweight ➝ Underweight$42.00 ➝ $44.00
10/6/2023CitigroupBoost Target$38.00 ➝ $42.00
8/9/2023The Goldman Sachs GroupBoost TargetSell ➝ Sell$33.00 ➝ $37.00
7/31/2023Morgan StanleyReiterated RatingUnderweight ➝ Underweight$42.00
7/31/2023Piper SandlerBoost TargetOverweight ➝ Overweight$45.00 ➝ $51.00
7/19/2023BenchmarkUpgradeHold ➝ Buy
7/18/2023CitigroupBoost TargetNeutral$33.00 ➝ $38.00
7/10/2023Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$53.00 ➝ $45.00
6/28/2023Capital One FinancialInitiated CoverageEqual Weight$40.00
6/8/2023BarclaysLower Target$52.00 ➝ $44.00
6/2/2023SusquehannaLower Target$45.00 ➝ $40.00
5/19/2023VNET GroupReiterated RatingMaintains
5/19/2023CitigroupLower Target$42.00 ➝ $33.00
5/9/2023BarclaysLower Target$65.00 ➝ $52.00
5/1/2023Piper SandlerLower Target$65.00 ➝ $50.00
4/18/2023Morgan StanleyDowngradeEqual Weight ➝ Underweight$60.00 ➝ $45.00
4/3/2023SusquehannaLower Target$72.00 ➝ $55.00
3/27/2023The Goldman Sachs GroupLower TargetSell$44.00 ➝ $38.00
3/14/2023SusquehannaReiterated RatingPositive$72.00
2/22/2023CitigroupLower TargetNeutral$50.00 ➝ $46.00
2/1/2023SusquehannaBoost TargetPositive$65.00 ➝ $72.00
1/19/2023BenchmarkInitiated CoverageHold
1/9/2023Bank of AmericaUpgradeNeutral ➝ Buy
11/21/2022Evercore ISIBoost Target$67.00
11/21/2022BarclaysBoost Target$65.00
11/21/2022ATB CapitalBoost Target$71.00
11/21/2022Morgan StanleyBoost TargetEqual Weight$55.00 ➝ $60.00
11/18/2022Susquehanna BancsharesBoost TargetPositive$62.00 ➝ $65.00
11/18/2022Royal Bank of CanadaBoost TargetOutperform$63.00 ➝ $68.00
11/18/2022SusquehannaBoost TargetPositive$62.00 ➝ $65.00
11/18/2022Piper SandlerBoost TargetOverweight$61.00 ➝ $65.00
10/7/2022Piper SandlerReiterated RatingOverweight$59.00
9/26/2022Morgan StanleyUpgradeUnderweight ➝ Equal Weight$48.00 ➝ $55.00
8/9/2022BarclaysBoost Target$58.00
8/1/2022BarclaysBoost TargetOverweight$52.00 ➝ $58.00
8/1/2022Morgan StanleyBoost TargetUnderweight$45.00 ➝ $48.00
7/14/2022BarclaysUpgradeEqual Weight ➝ Overweight$52.00
7/13/2022The Goldman Sachs GroupLower TargetSell$45.00 ➝ $38.00
7/13/2022Morgan StanleyLower TargetUnderweight$50.00 ➝ $45.00
7/6/2022CitigroupBoost TargetNeutral$44.00 ➝ $49.00
6/8/2022Susquehanna BancsharesBoost TargetPositive$55.00 ➝ $62.00
6/8/2022SusquehannaBoost Target$55.00 ➝ $62.00
6/1/2022Piper SandlerBoost TargetNeutral$49.00 ➝ $53.00
5/4/2022Piper SandlerBoost Target$44.00 ➝ $49.00
5/2/2022BarclaysBoost Target$33.00 ➝ $52.00
4/14/2022The Goldman Sachs GroupBoost TargetSell$36.50 ➝ $41.00
4/13/2022Piper SandlerBoost TargetNeutral$32.00 ➝ $44.00
4/11/2022BenchmarkInitiated CoverageBuy$53.00
4/11/2022Morgan StanleyBoost TargetUnderweight$29.00 ➝ $40.00
3/14/2022Seaport Res PtnUpgradeNeutral ➝ Buy
2/7/2022Morgan StanleyBoost TargetUnderweight$27.00 ➝ $29.00
1/4/2022BarclaysUpgradeEqual Weight ➝ Overweight
12/8/2021BarclaysReiterated RatingHold ➝ Neutral
12/6/2021Morgan StanleyDowngradeEqual Weight ➝ Underweight$30.00 ➝ $27.00
11/22/2021Morgan StanleyLower TargetEqual Weight$32.00 ➝ $30.00
11/19/2021CitigroupLower TargetNeutral$30.00 ➝ $28.00
11/19/2021Royal Bank of CanadaLower TargetOutperform$40.00 ➝ $38.00
10/25/2021BarclaysBoost TargetEqual Weight$29.00 ➝ $35.00
10/11/2021Morgan StanleyBoost TargetEqual Weight$30.00 ➝ $32.00
10/6/2021CitigroupBoost TargetNeutral$29.00 ➝ $30.00
9/9/2021Royal Bank of CanadaReiterated RatingOutperform$35.00
7/30/2021Evercore ISIUpgradeBuy$42.00
7/16/2021Bank of AmericaUpgradeUnderperform ➝ Neutral
7/15/2021Seaport Res PtnReiterated RatingNeutral
7/8/2021CitigroupUpgradeSell ➝ Neutral
6/23/2021Evercore ISIUpgradeIn-Line ➝ Outperform$23.00 ➝ $42.00
5/13/2021The Goldman Sachs GroupInitiated CoverageSell$27.00
5/4/2021Credit Suisse GroupBoost TargetOutperform$24.50 ➝ $29.00
5/3/2021CowenBoost TargetMarket Perform$13.00 ➝ $16.00
4/5/2021Atb Cap MarketsUpgradeSector Perform ➝ Outperform
3/25/2021Morgan StanleyBoost TargetEqual Weight$25.00 ➝ $30.00
2/18/2021B. RileyBoost TargetSell$15.00 ➝ $20.00
2/16/2021Morgan StanleyBoost TargetEqual Weight$23.00 ➝ $25.00
2/16/2021CowenBoost TargetMarket Perform$5.00 ➝ $12.00
2/11/2021Susquehanna BancsharesBoost TargetPositive$30.00 ➝ $35.00
2/11/2021SusquehannaBoost TargetPositive$30.00 ➝ $35.00
2/11/2021Piper SandlerDowngradeOverweight ➝ Neutral$25.00 ➝ $24.00
2/10/2021Atb Cap MarketsDowngradeOutperform ➝ Sector Perform
1/27/2021B. RileyBoost TargetSell$11.50 ➝ $15.00
1/11/2021Wolfe ResearchDowngradePeer Perform ➝ Underperform
12/18/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$21.00
12/15/2020Smith Barney CitigroupDowngradeNeutral ➝ Sell$19.00 ➝ $20.00
12/7/2020Bank of AmericaDowngradeNeutral ➝ Underperform$23.00
11/24/2020BarclaysBoost TargetEqual Weight$14.00 ➝ $18.00
11/23/2020Royal Bank of CanadaBoost TargetPositive ➝ Outperform$20.00 ➝ $23.00
11/23/2020RoweBoost TargetPositive$18.00 ➝ $25.00
11/23/2020Morgan StanleyBoost TargetEqual Weight$16.00 ➝ $17.00
11/20/2020Capital One FinancialReiterated RatingOverweight
10/13/2020Bank of AmericaDowngradeBuy ➝ Neutral
10/5/2020BarclaysUpgradeUnderweight ➝ Equal Weight$13.00 ➝ $14.00
8/24/2020B. RileyDowngradeNeutral ➝ Sell$11.50
8/6/2020CitigroupLower TargetNeutral$19.30 ➝ $19.00
8/4/2020CowenLower TargetMarket Perform$12.00 ➝ $8.00
8/3/2020BarclaysDowngradeEqual Weight ➝ Underweight$14.00 ➝ $13.00
7/30/2020Credit Suisse GroupReiterated RatingBuy$20.00
7/8/2020Morgan StanleyDowngradeOverweight ➝ Equal Weight$20.00
6/26/2020StephensBoost TargetOverweight$20.00 ➝ $25.00
5/28/2020CitigroupBoost TargetNeutral$14.30 ➝ $19.30
5/28/2020Bank of AmericaUpgradeNeutral ➝ Buy
5/27/2020Piper SandlerUpgradeNeutral ➝ Overweight$25.00
5/7/2020B. RileyLower TargetNeutral$39.00 ➝ $26.00
5/7/2020BarclaysLower TargetEqual Weight$22.00 ➝ $14.00
5/5/2020CSFBLower TargetOutperform$20.00 ➝ $18.00
5/5/2020JPMorgan Chase & Co.Lower TargetOverweight$19.00 ➝ $18.00
5/5/2020Credit Suisse GroupLower TargetOutperform$20.00 ➝ $18.00
4/12/2020ScotiabankDowngradeSector Outperform ➝ Sector Perform$15.00
4/6/2020Piper SandlerLower TargetNeutral$21.50 ➝ $17.50
4/6/2020Wells Fargo & CompanyLower TargetUnderweight$20.00 ➝ $14.00
4/6/2020Sanford C. BernsteinUpgradeMarket Perform ➝ Outperform
4/6/2020Royal Bank of CanadaReiterated RatingBuy$24.00
4/3/2020CitigroupLower TargetNeutral$19.50 ➝ $14.30
4/1/2020Royal Bank of CanadaLower TargetOutperform$30.00 ➝ $25.00
3/20/2020Credit Suisse GroupUpgradeNeutral ➝ Outperform$20.00
3/19/2020Wolfe ResearchUpgradeUnderperform ➝ Market Perform
3/19/2020BarclaysDowngradeOverweight ➝ Equal Weight$48.00 ➝ $22.00
3/18/2020Royal Bank of CanadaReiterated RatingBuy$30.00
3/16/2020Morgan StanleyUpgradeUnderweight ➝ Overweight$45.00 ➝ $22.00
3/13/2020CitigroupLower TargetNeutral$46.00 ➝ $20.00
3/13/2020Piper SandlerDowngradeOverweight ➝ Neutral$45.50 ➝ $21.50
3/10/2020StephensLower TargetOverweight$65.00 ➝ $40.00
3/9/2020Bank of AmericaDowngradeNeutral ➝ Underperform
2/12/2020CowenBoost TargetMarket Perform$43.00 ➝ $51.00
2/7/2020B. RileyDowngradeBuy ➝ Neutral$47.00 ➝ $39.00
1/14/2020Bernstein BankInitiated CoverageMarket Perform$47.30
1/13/2020Sanford C. BernsteinInitiated CoverageMarket Perform$47.30
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.37 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 22 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 9 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 8 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 18 very positive mentions
  • 17 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 17 very positive mentions
  • 8 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 16 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 17 very positive mentions
  • 6 positive mentions
  • 5 negative mentions
  • 1 very negative mentions
Mentions as of
11/21/2024
  • 28 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 28 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Helmerich & Payne logo
Founded in 1920, Helmerich & Payne, Inc. (H&P) (NYSE: HP) is committed to delivering industry leading levels of drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for its customers and returns for shareholders. Through its subsidiaries, the Company designs, fabricates and operates high-performance drilling rigs in conventional and unconventional plays around the world. H&P also develops and implements advanced automation, directional drilling and survey management technologies. H&P's fleet includes 299 land rigs in the U.S., 31 international land rigs and eight offshore platform rigs.
Read More

Today's Range

Now: $30.45
Low: $29.91
High: $30.89

50 Day Range

MA: $34.39
Low: $30.30
High: $36.81

52 Week Range

Now: $30.45
Low: $29.46
High: $44.11

Volume

5,879,664 shs

Average Volume

1,400,634 shs

Market Capitalization

$3.01 billion

P/E Ratio

8.85

Dividend Yield

3.06%

Beta

1.39

Frequently Asked Questions

What sell-side analysts currently cover shares of Helmerich & Payne?

The following Wall Street research analysts have issued stock ratings on Helmerich & Payne in the last year: Bank of America Co., Barclays PLC, Benchmark Co., Citigroup Inc., Evercore ISI, Piper Sandler, Royal Bank of Canada, Susquehanna, and The Goldman Sachs Group, Inc..
View the latest analyst ratings for HP.

What is the current price target for Helmerich & Payne?

0 Wall Street analysts have set twelve-month price targets for Helmerich & Payne in the last year. Their average twelve-month price target is $38.57, suggesting a possible upside of 26.7%. Susquehanna has the highest price target set, predicting HP will reach $50.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $33.00 for Helmerich & Payne in the next year.
View the latest price targets for HP.

What is the current consensus analyst rating for Helmerich & Payne?

Helmerich & Payne currently has 1 sell rating, 5 hold ratings, 2 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in HP, but not buy more shares or sell existing shares.
View the latest ratings for HP.

What other companies compete with Helmerich & Payne?

Other companies that are similar to Helmerich & Payne include Patterson-UTI Energy, Nabors Industries, Transocean, Valaris and HighPeak Energy. Learn More about companies similar to Helmerich & Payne.

How do I contact Helmerich & Payne's investor relations team?

Helmerich & Payne's physical mailing address is 1437 SOUTH BOULDER AVENUE SUITE 1400, TULSA OK, 74119. The oil and gas company's listed phone number is 918-742-5531 and its investor relations email address is [email protected]. The official website for Helmerich & Payne is www.hpinc.com. Learn More about contacing Helmerich & Payne investor relations.