Helmerich & Payne, Inc. (HP)

Helmerich & Payne Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Helmerich & Payne stock have an average target of 38.57, with a low estimate of 33 and a high estimate of 50. The average target predicts an increase of 26.67% from the current stock price of 30.45.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$33	$38.57	$36	$50
Change	+8.37%	+26.67%	+18.23%	+64.20%

* Price targets were last updated on Nov 20, 2024.

Analyst Ratings

The average analyst rating for HP stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	1	1	1	1	1	1
Buy	2	2	2	2	1	1
Hold	6	6	6	6	6	6
Sell	1	1	1	1	0	0
Strong Sell	1	1	1	1	1	1
Total	11	11	11	11	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kurt Hallead Benchmark	Benchmark	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Nov 21, 2024
David Anderson Barclays	Barclays	Hold Maintains $39 → $36	Hold	Maintains	$39 → $36	+18.23%	Nov 20, 2024
Keith Mackey RBC Capital	RBC Capital	Hold Maintains $44 → $41	Hold	Maintains	$44 → $41	+34.65%	Nov 15, 2024
David Anderson Barclays	Barclays	Hold Maintains $42 → $39	Hold	Maintains	$42 → $39	+28.08%	Oct 16, 2024
Scott Gruber Citigroup	Citigroup	Hold Maintains $41 → $33	Hold	Maintains	$41 → $33	+8.37%	Sep 13, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

3.39B

Increased by 23.09%

from 2.76B

Revenue Next Year

3.77B

Increased by 11.05%

from 3.39B

EPS This Year

3.18

Decreased by -7.14%

from 3.43

EPS Next Year

3.76

Increased by 18.10%

from 3.18

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Sep 30, 2020	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024	Sep 30, 2025	Sep 30, 2026	Sep 30, 2027
Revenue	1.77B	1.22B	2.06B	2.87B	2.76B	3.39B	3.77B	3.82B
Revenue Growth	-36.61%	-31.31%	68.96%	39.51%	-4.03%	23.09%	11.05%	1.30%
EPS	-4.60	-3.04	0.05	4.16	3.43	3.18	3.76	3.57
EPS Growth	-	-	-	8,048.22%	-17.71%	-7.14%	18.10%	-4.89%
Forward PE	-	-	-	-	-	9.57	8.10	8.52
No. Analysts	-	-	-	-	-	22	18	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	4.2B	4.8B	4.8B
Avg	3.4B	3.8B	3.8B
Low	2.7B	2.7B	2.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	53.1%	40.4%	28.7%
Avg	23.1%	11.1%	1.3%
Low	-2.7%	-19.9%	-27.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	3.92	4.37	3.64
Avg	3.18	3.76	3.57
Low	2.43	2.74	3.40

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	14.3%	37.3%	-3.0%
Avg	-7.1%	18.1%	-4.9%
Low	-29.0%	-13.9%	-9.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.