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NYSE: HP
Helmerich & Payne Inc Stock Forecast, Predictions & Price Target

Analyst price target for HP

Based on 7 analysts offering 12 month price targets for Helmerich & Payne Inc.
Min Forecast
$33.00-18.4%
Avg Forecast
$43.71+8.1%
Max Forecast
$52.00+28.59%

Should I buy or sell HP stock?

Based on 7 analysts offering ratings for Helmerich & Payne Inc.
Hold
Strong Buy
2 analysts 28.57%
Buy
0 analysts 0%
Hold
4 analysts 57.14%
Sell
0 analysts 0%
Strong Sell
1 analysts 14.29%

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HP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-16
lockedlocked$00.00+00.00%2024-04-08
lockedlocked$00.00+00.00%2024-02-20
lockedlocked$00.00+00.00%2024-01-31
lockedlocked$00.00+00.00%2024-01-12
Barclays
Top 12%
89
HoldDowngrades$40.00-1.09%2024-01-10
Piper Sandler
Top 12%
89
Strong BuyMaintains$47.00+16.22%2023-11-13

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Forecast return on equity

Is HP forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
19.16%

Forecast return on assets

Is HP forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

HP revenue forecast

What is HP's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$2.7B-0.78%
Avg 2 year Forecast
$2.9B+4.19%
Avg 3 year Forecast
$2.9B+4.01%
HP's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

HP earnings growth forecast

How is HP forecast to perform vs Oil & Gas Drilling companies and vs the US market?
Company
17.06%
Industry
32.1%
Market
28.66%
HP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
HP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
HP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

HP revenue growth forecast

How is HP forecast to perform vs Oil & Gas Drilling companies and vs the US market?
Company
1.35%
Industry
14.09%
Market
9.03%
HP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
HP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

HP vs Oil & Gas Drilling Stocks

TickerPricePrice TargetUp/downsideConsensus
HP$40.44$43.71+8.10%Hold
SDRL$49.19$76.50+55.52%Strong Buy
RIG$5.74$7.00+21.95%Buy
PTEN$11.26$15.75+39.88%Strong Buy
NE$45.46$58.25+28.13%Strong Buy

Helmerich & Payne Stock Forecast FAQ

Is Helmerich & Payne Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: HP) stock is to Hold HP stock.

Out of 7 analysts, 2 (28.57%) are recommending HP as a Strong Buy, 0 (0%) are recommending HP as a Buy, 4 (57.14%) are recommending HP as a Hold, 0 (0%) are recommending HP as a Sell, and 1 (14.29%) are recommending HP as a Strong Sell.

If you're new to stock investing, here's how to buy Helmerich & Payne stock.

What is HP's revenue growth forecast for 2024-2026?

(NYSE: HP) Helmerich & Payne's forecast annual revenue growth rate of 1.35% is not forecast to beat the US Oil & Gas Drilling industry's average forecast revenue growth rate of 14.09%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.03%.

Helmerich & Payne's revenue in 2024 is $2,748,652,000.On average, 6 Wall Street analysts forecast HP's revenue for 2024 to be $269,233,809,868, with the lowest HP revenue forecast at $264,272,299,486, and the highest HP revenue forecast at $274,020,380,017. On average, 6 Wall Street analysts forecast HP's revenue for 2025 to be $282,741,427,110, with the lowest HP revenue forecast at $276,789,608,890, and the highest HP revenue forecast at $291,237,974,150.

In 2026, HP is forecast to generate $282,238,325,850 in revenue, with the lowest revenue forecast at $273,429,315,017 and the highest revenue forecast at $294,564,997,787.

What is HP's forecast return on assets (ROA) for 2024-2026?

(NYSE: HP) forecast ROA is N/A, which is lower than the forecast US Oil & Gas Drilling industry average of N/A.

What is HP's Price Target?

According to 7 Wall Street analysts that have issued a 1 year HP price target, the average HP price target is $43.71, with the highest HP stock price forecast at $52.00 and the lowest HP stock price forecast at $33.00.

On average, Wall Street analysts predict that Helmerich & Payne's share price could reach $43.71 by Apr 16, 2025. The average Helmerich & Payne stock price prediction forecasts a potential upside of 8.1% from the current HP share price of $40.44.

What is HP's forecast return on equity (ROE) for 2024-2026?

(NYSE: HP) forecast ROE is N/A, which is considered weak.
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