Helmerich & Payne (HP) Stock Forecast & Price Target

$34.81

+0.82 (+2.41%)

(As of 10:51 AM ET)

Helmerich & Payne - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 10 Analyst Ratings

Sell
1

Hold
6

Buy
3

Based on 10 Wall Street analysts who have issued ratings for Helmerich & Payne in the last 12 months, the stock has a consensus rating of "Hold." Out of the 10 analysts, 1 has given a sell rating, 6 have given a hold rating, 2 have given a buy rating, and 1 has given a strong buy rating for HP.

Consensus Price Target

$40.29
18.52% Upside

According to the 10 analysts' twelve-month price targets for Helmerich & Payne, the average price target is $40.29. The highest price target for HP is $50.00, while the lowest price target for HP is $33.00. The average price target represents a forecasted upside of 18.52% from the current price of $34.81.

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HP Analyst Ratings Over Time

Type	Current Forecast 10/26/23 to 10/25/24	1 Month Ago 9/26/23 to 9/25/24	3 Months Ago 7/28/23 to 7/27/24	1 Year Ago 10/26/22 to 10/26/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	5 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)	3 Hold rating(s)
Sell	1 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$40.29	$40.88	$41.88	$49.64
Forecasted Upside	18.52% Upside	31.22% Upside	4.45% Upside	25.79% Upside
Consensus Rating	Hold	Hold	Hold	Hold

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HP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

HP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Helmerich & Payne Stock vs. The Competition

Type	Helmerich & Payne	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.30	2.63	2.50
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	18.52% Upside	3,180.47% Upside	8.53% Upside
News Sentiment Rating	Positive News See Recent HP News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/16/2024	Barclays 3 of 5 stars		Lower Target	Equal Weight ➝ Equal Weight	$42.00 ➝ $39.00	+12.07%
9/13/2024	Citigroup 3 of 5 stars		Lower Target	Neutral ➝ Neutral	$41.00 ➝ $33.00	+10.89%
8/29/2024	The Goldman Sachs Group 2 of 5 stars		Lower Target	Sell ➝ Sell	$38.00 ➝ $34.00	+3.50%
8/5/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold
7/26/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. West Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
7/26/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform ➝ Sector Perform	$48.00 ➝ $50.00	+21.12%
Get the Latest News and Ratings for HP and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Helmerich & Payne and its competitors with MarketBeat's FREE daily newsletter.
7/15/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$42.50 ➝ $40.00	+0.76%
7/15/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$39.00 ➝ $36.00	-4.26%
4/26/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Positive ➝ Positive	$52.00 ➝ $50.00	+22.25%
11/16/2023	Atb Cap Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Syed Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Sector Perform
10/17/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight ➝ Underweight	$42.00 ➝ $44.00	-0.29%
6/28/2023	Capital One Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Becker Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Equal Weight	$40.00	+16.62%
5/19/2023	VNET Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
11/21/2022	ATB Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$71.00	+40.51%
11/18/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Positive	$62.00 ➝ $65.00	+24.86%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 11:22 AM ET.

HP Forecast - Frequently Asked Questions

: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Helmerich & Payne is $40.29, with a high forecast of $50.00 and a low forecast of $33.00.
: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Helmerich & Payne in the last year. There is currently 1 sell rating, 6 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HP, but not buy additional shares or sell existing shares.
: According to analysts, Helmerich & Payne's stock has a predicted upside of 15.73% based on their 12-month stock forecasts.
: Helmerich & Payne has been rated by research analysts at Barclays, Benchmark, Citigroup, and The Goldman Sachs Group in the past 90 days.
: Analysts like Helmerich & Payne less than other "oils/energy" companies. The consensus rating for Helmerich & Payne is Hold while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how HP compares to other companies.

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This page (NYSE:HP) was last updated on 10/25/2024 by MarketBeat.com Staff

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Helmerich & Payne (HP) Stock Forecast & Price Target