Helmerich & Payne (HP) Stock: Buy, Sell, or Hold?
HP - Helmerich & Payne, Inc.
$38.95
1.82 (4.90%)
â˛
5d:
+4.06%
30d:
-2.18%
90d:
+15.82%
WAIT
LOW Confidence
Analysis Updated: Oct 23, 2026 12:00 AM ET
Earnings: Nov 18, 2026
24d
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Interactive Price Chart (1 Month)
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Bottom Line:
âšī¸ NEUTRAL: HP is fairly priced but lacks strong directional signals. At -6.4% expected growth, valuation appears cheap. Wait for clearer setup or better entry on dips.
âšī¸ NEUTRAL: HP is fairly priced but lacks strong directional signals. At -6.4% expected growth, valuation appears cheap. Wait for clearer setup or better entry on dips.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$53.36
Based on 7.0% avg growth
INTRINSIC VALUE TODAY
$33.13
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 $38.95, which is considered fair relative to its 30-day fair value range of $37.64 to $40.65. From a valuation perspective, the stock is trading at a discount (Forward PE: 25.6) compared to its historical average (31.2). Remarkably, the market is currently pricing in an annual earnings decline of 6.4% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, HP is in a uptrend. Immediate support is located at $35.78, while resistance sits at $40.98. The stock is showing strong short-term momentum, up 4.9% recently.
Market Sentiment: The stock scores a mixed 53/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. In the options market, Implied Volatility is low (0th percentile), suggesting options premiums are relatively cheap. This makes it an attractive time for long options strategies if you have a directional bias. Wall Street analysts see significant upside, with an average price target of $45.44 (+16.7%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, HP is in a uptrend. Immediate support is located at $35.78, while resistance sits at $40.98. The stock is showing strong short-term momentum, up 4.9% recently.
Market Sentiment: The stock scores a mixed 53/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. In the options market, Implied Volatility is low (0th percentile), suggesting options premiums are relatively cheap. This makes it an attractive time for long options strategies if you have a directional bias. Wall Street analysts see significant upside, with an average price target of $45.44 (+16.7%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
FAIR
Historical Trading Range
$37.64 -
$40.65
Company Quality Score
49/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
79.6%
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
- NEUTRAL: Price in fair range
- BULLISH: Options cheap (IV 0th percentile)
- NEUTRAL: Mixed technical signals (53/100)
- BULLISH: High volume confirmation
- BULLISH: Strong upward momentum (+4.9%)
- BULLISH: Trading below Wall St target ($45.44)
- WARNING: Composite score 49/100 in the bottom quintile â this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$37.64 -
$40.65
Current vs Trading Range
FAIR
Expected Move (7 Days)
Âą$2.17
(5.6%)
Support & Resistance Levels
Support Level
$35.78
Resistance Level
$40.98
Current Trend
Uptrend
Technical data as of
Oct 23, 2026
Fundamental Context
Forward P/E (Next Year Est.)
25.57
Wall Street Target
$45.44
(+16.7%)
Revenue Growth (YoY)
-0.6%
Earnings Growth (YoY)
-98.8%
Profit Margin
-3.4%
Valuation Discount vs History
-6.4% cheaper
PE vs Historical
25.6 vs 31.2
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-6.4%
(market-implied from PE analysis)
1-Year Target
$36.46
(-6%)
2-Year Target
$34.12
(-12%)
3-Year Target
$31.94
(-18%)
3-Yr Target (if PE normalizes)
(PE: 26â31)
$38.97
(+0%)
đĄ
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 25.6 to 31.2
Stabilization Target:
$47.52
(+22.0%)
PE Expansion Potential:
+22.0%
Share & Embed Analysis
Last updated: October 24, 2026 1:32 AM ET
Data refreshes hourly during market hours. Next update: 2:32 AM
Data refreshes hourly during market hours. Next update: 2:32 AM
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Technical Signals Check
Is HP showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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Advanced HP Option Strategies
Professional options setups generated by AI based on today's HP price and gamma walls.
