Helmerich & Payne (HP) Stock: Buy, Sell, or Hold?
HP - Helmerich & Payne, Inc.
$38.56
0.36 (0.94%)
▲
5d:
-0.03%
30d:
-19.06%
90d:
+26.3%
HOLD
LOW Confidence
Analysis Updated: Oct 2, 2026 12:00 AM ET
Earnings: Nov 16, 2026
Get Alerted When HP Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
📊 HOLD: HP shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
📊 HOLD: HP shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$51.78
Based on 7.0% avg growth
INTRINSIC VALUE TODAY
$32.15
Trading above historical range
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 25.0x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: HP is currently trading at $38.56, which is considered oversold relative to its 30-day fair value range of $40.21 to $44.79. From a valuation perspective, the stock is trading at a discount (Forward PE: 26.1) compared to its historical average (31.6). Remarkably, the market is currently pricing in an annual earnings decline of 6.2% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, HP is in a uptrend. Immediate support is located at $36.17, while resistance sits at $40.85.
Market Sentiment: HP scores 63/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $44.47 (+15.3%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, HP is in a uptrend. Immediate support is located at $36.17, while resistance sits at $40.85.
Market Sentiment: HP scores 63/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $44.47 (+15.3%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$40.21 -
$44.79
Company Quality Score
56/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
88.1%
Protect Your Profits
Holding HP? Use our AI-powered strategies to protect your downside while keeping your long-term position.
View Profit Protection PlanAll Signals
- BULLISH: Price oversold vs 30-day range
- BULLISH: Strong technical setup (63/100)
- BULLISH: High volume confirmation
- BULLISH: Trading below Wall St target ($44.47)
- CAUTION: Bottoming setup, but lagging the sector by 28% over 20 days — wait for relative strength
Trading Range Analysis
30-Day Trading Range
$40.21 -
$44.79
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$36.17
Resistance Level
$40.85
Current Trend
Uptrend
Technical data as of
Oct 2, 2026
Fundamental Context
Forward P/E (Next Year Est.)
26.08
Wall Street Target
$44.47
(+15.3%)
Revenue Growth (YoY)
-0.6%
Earnings Growth (YoY)
-98.8%
Profit Margin
-3.4%
Valuation Discount vs History
-6.2% cheaper
PE vs Historical
26.1 vs 31.6
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-6.2%
(market-implied from PE analysis)
1-Year Target
$36.17
(-6%)
2-Year Target
$33.93
(-12%)
3-Year Target
$31.82
(-18%)
3-Yr Target (if PE normalizes)
(PE: 26→32)
$38.55
(0%)
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 26.1 to 31.6
Stabilization Target:
$46.71
(+21.1%)
PE Expansion Potential:
+21.1%
Share & Embed Analysis
Last updated: October 03, 2026 9:29 PM ET
Data refreshes hourly during market hours. Next update: 10:29 PM
Data refreshes hourly during market hours. Next update: 10:29 PM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is HP showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
Top Rated Oil & Gas Drilling Stocks
Top-rated stocks in Oil & Gas Drilling by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
SDRL
Seadrill Limited |
STRONG BUY
7 analysts |
$54 | 66 BUY |
|
PDS
Precision Drilling Corpo… |
STRONG BUY
10 analysts |
$101 | 53 HOLD |
|
PTEN
Patterson-UTI Energy Inc |
BUY
15 analysts |
$14 | 53 HOLD |
|
SOC
Sable Offshore Corp. |
STRONG BUY
5 analysts |
$10 | 56 HOLD |
|
BORR
Borr Drilling Ltd |
STRONG BUY
5 analysts |
$5 | 67 BUY |
Advanced HP Option Strategies
Professional options setups generated by AI based on today's HP price and gamma walls.
