Helmerich & Payne (NYSE:HP) Stock Price Expected to Rise, Susquehanna Analyst Says

Posted by on Aug 7th, 2026

Helmerich & Payne (NYSE:HP – Get Free Report) had its price target boosted by investment analysts at Susquehanna from $40.00 to $44.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has a “positive” rating on the oil and gas company’s stock. Susquehanna’s price target would suggest a potential upside of 18.70% from the stock’s current price.

Other analysts have also issued research reports about the company. Weiss Ratings restated a “sell (d+)” rating on shares of Helmerich & Payne in a report on Wednesday, June 24th. Royal Bank Of Canada boosted their price target on Helmerich & Payne from $38.00 to $40.00 and gave the stock a “sector perform” rating in a research report on Friday, May 8th. The Goldman Sachs Group upped their price objective on Helmerich & Payne from $35.00 to $41.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 3rd. Piper Sandler raised their price objective on Helmerich & Payne from $41.00 to $43.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Finally, Barclays lifted their target price on Helmerich & Payne from $39.00 to $47.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Five equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Helmerich & Payne currently has an average rating of “Hold” and an average price target of $40.20.

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Helmerich & Payne Price Performance

Shares of HP opened at $37.07 on Friday. The company has a 50 day moving average price of $34.97 and a 200-day moving average price of $35.60. Helmerich & Payne has a fifty-two week low of $15.51 and a fifty-two week high of $41.82. The stock has a market capitalization of $3.70 billion, a PE ratio of -26.29 and a beta of 0.61. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.32 and a current ratio of 1.71.

Helmerich & Payne (NYSE:HP – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The oil and gas company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.20). The business had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $987.70 million. Helmerich & Payne had a negative net margin of 3.43% and a negative return on equity of 2.34%. Helmerich & Payne’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.22 earnings per share. Equities analysts predict that Helmerich & Payne will post -0.11 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Helmerich & Payne

Several hedge funds have recently modified their holdings of the stock. William B. Walkup & Associates Inc. raised its position in Helmerich & Payne by 1.0% in the 1st quarter. William B. Walkup & Associates Inc. now owns 35,241 shares of the oil and gas company’s stock valued at $1,270,000 after purchasing an additional 355 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in Helmerich & Payne by 1.8% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 22,761 shares of the oil and gas company’s stock worth $653,000 after purchasing an additional 400 shares during the period. Hantz Financial Services Inc. grew its position in Helmerich & Payne by 24.3% during the 4th quarter. Hantz Financial Services Inc. now owns 2,276 shares of the oil and gas company’s stock worth $65,000 after purchasing an additional 445 shares during the last quarter. Cerity Partners LLC increased its stake in Helmerich & Payne by 2.6% in the fourth quarter. Cerity Partners LLC now owns 19,339 shares of the oil and gas company’s stock valued at $555,000 after purchasing an additional 498 shares during the period. Finally, KLCM Advisors Inc. increased its stake in Helmerich & Payne by 5.5% in the fourth quarter. KLCM Advisors Inc. now owns 10,550 shares of the oil and gas company’s stock valued at $303,000 after purchasing an additional 550 shares during the period. Institutional investors and hedge funds own 96.05% of the company’s stock.

About Helmerich & Payne

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Helmerich & Payne, Inc is a leading provider of contract drilling services to the oil and gas industry, specializing primarily in onshore drilling operations. The company designs, engineers and operates a fleet of advanced drilling rigs, including its proprietary FlexRigs, which are engineered for high efficiency, safety and rapid mobilization. Alongside core drilling services, Helmerich & Payne offers well intervention, workover and coiled tubing services, positioning itself as a comprehensive drilling solutions partner for exploration and production companies worldwide.

Founded in 1920 and headquartered in Tulsa, Oklahoma, Helmerich & Payne has grown through innovation and strategic expansion to serve diverse hydrocarbon basins.

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Analyst Recommendations for Helmerich & Payne (NYSE:HP)

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