Helmerich & Payne Inc. ($HP) Stock Forecast: Up 5.7% Today

What is Helmerich & Payne Inc.?

Helmerich & Payne (NYSE: HP) experienced a strong bullish movement in the stock market today.

Why is Helmerich & Payne Inc. going up?

HP stock is up 5.7% on Feb 6, 2026 16:21

• Raised price target to $36 and maintained a "Sector Perform" rating by RBC Capital
• Q1 2026 earnings call showed that HP exceeded expectations with adjusted EBITDA of $230 million
• Targeting over $45 million in quarterly segment operating margin for its international segment
• Despite a fiscal Q1 loss, HP surpassed revenue forecasts

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RBC Raises Price Target on Helmerich & Payne to $36 From $34, Keeps Sector Perform Rating

RBC Capital has increased its price target for Helmerich & Payne (NYSE:HP) from $34 to $36, while maintaining a "Sector Perform" rating on the stock. This adjustment follows recent financial news, including the company's Q1 2026 earnings call, where it reported a fiscal Q1 loss despite a rise in revenue. The article also provides a company profile, financial data, analyst consensus, and a list of recent news about Helmerich & Payne.

https://www.marketscreener.com/news/rbc-raises-price-target-on-helmerich-payne-to-36-from-34-keeps-sector-perform-rating-ce7e5ad9dd8af223

Helmerich & Payne, Inc. (NYSE:HP) Q1 2026 Earnings Call Transcript

Helmerich & Payne (NYSE:HP) reported strong Q1 2026 results, with adjusted EBITDA exceeding expectations at $230 million, primarily driven by resilient North America and Offshore Solutions, and stronger international performance. This earnings call also marks CEO John Lindsay's last, as he transitions leadership to Trey Adams, who outlined a vision for continued international growth, North American market leadership, and a focus on deleveraging and enterprise optimization. The company provided guidance for Q2, expecting some seasonality and cost lumpiness but remains optimistic for the full fiscal year, aiming for increased activity and margin progression in the latter half of 2026.

https://www.insidermonkey.com/blog/helmerich-payne-inc-nysehp-q1-2026-earnings-call-transcript-1690160/

Helmerich & Payne outlines $45M+ quarterly margin target for international segment as FlexRobotics and Saudi reactivations drive optimism

Helmerich & Payne (H&P) is targeting over $45 million in quarterly segment operating margin for its international segment, driven by new FlexRig designs incorporating robotic features and reactivations in Saudi Arabia. The company sees significant tailwinds from these initiatives and expects to reactivate additional rigs globally. Additionally, H&P plans to monetize its automation software in Saudi Arabia through a licensing model.

https://www.msn.com/en-us/money/companies/helmerich-payne-outlines-45m-quarterly-margin-target-for-international-segment-as-flexrobotics-and-saudi-reactivations-drive-optimism/ar-AA1VLME1?ocid=finance-verthp-feeds

Qualcomm, Wolfspeed, Helmerich and Payne And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Several major stocks, including Qualcomm, Wolfspeed, and Helmerich and Payne, are experiencing significant declines in Thursday's pre-market session due to various factors. Qualcomm's shares dropped after reporting mixed Q1 results and issuing lower-than-expected Q2 guidance. Other companies like Cerence, Wolfspeed, Kemper, and Fluence Energy are also down after reporting financial results that disappointed investors or analysts.

https://www.benzinga.com/trading-ideas/movers/26/02/50408210/qualcomm-wolfspeed-helmerich-and-payne-and-other-big-stocks-moving-lower-in-thursdays-pre-market-session

Helmerich & Payne: Fiscal Q1 Earnings Snapshot

Helmerich & Payne Inc. (HP) reported a fiscal first-quarter loss of $96.7 million, or 98 cents per share, which adjusted to 15 cents per share when accounting for one-time items. This performance fell short of analyst expectations of 12 cents per share. Despite the loss, the oil and gas well-drilling contractor exceeded revenue forecasts, posting $1.02 billion against an expected $986.4 million.

https://www.barchart.com/story/news/30575/helmerich-payne-fiscal-q1-earnings-snapshot

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Helmerich & Payne Inc. Price History

08.00.2026 - HP Stock was up 5.0%

• An analyst from Susquehanna reiterated a 'Positive' stance on HP and raised the price target to $36.00, contributing to the stock's upward momentum.
• Other analysts adjusting their ratings and price targets for HP also added to the positive investor sentiment.
• Despite past challenges in Venezuela's oil sector, such as equipment expropriation, current market focus appears to be on favorable analyst projections and price target revisions for HP.
• The projected GF Value for Helmerich & Payne Inc after one year indicates a substantial upside potential, bolstering investor confidence and propelling the stock's bullish trajectory.

14.02.2025 - HP Stock was up 5.1%

• The bullish movement in HP stock today could be attributed to investors seeing long-term potential in the company's dominant position in the drilling industry.
• Despite facing a 33% decline in the past year, the market sentiment seems to have shifted positively today, possibly due to renewed confidence in HP's operational efficiency and market position.
• Investors might be considering buying HP stock amidst the recent market movements, anticipating a turnaround in the company's performance and profitability.

05.01.2026 - HP Stock was down 5.0%

• HP faced a fiscal first-quarter loss of $96.7 million, which was below analyst predictions, resulting in the stock market decline.
• Although revenue exceeded expectations, the underperformance in earnings and guidance lower than anticipated contributed to HP's stock decrease.
• Despite the company's excellent operational achievements and effective technology utilization, the disappointing financial outcomes influenced investor confidence, causing the stock's downward movement.

06.01.2026 - HP Stock was up 5.7%

• Raised price target to $36 and maintained a "Sector Perform" rating by RBC Capital
• Q1 2026 earnings call showed that HP exceeded expectations with adjusted EBITDA of $230 million
• Targeting over $45 million in quarterly segment operating margin for its international segment
• Despite a fiscal Q1 loss, HP surpassed revenue forecasts

06.01.2025 - HP Stock was down 8.6%

• Despite surpassing earnings estimates, HP's stock experienced a bearish movement, indicating potential high market expectations or other underlying factors.
• The bearish movement may be due to profit-taking by investors who were expecting stronger results from HP.
• Investors seem cautious about the future outlook for the energy sector, possibly leading to downward pressure on HP's stock price despite the positive earnings surprise.
• It's likely that broader market trends or macroeconomic factors impacting the energy industry are contributing to the bearish movement in HP's stock.

18.10.2025 - HP Stock was down 6.3%

• The company reported a Q4 loss, missing earnings estimates by a significant margin, which likely contributed to the bearish movement in the stock.
• Analysts had already revised their forecasts, anticipating lower earnings for the company, setting a negative sentiment in the market.
• The disappointing financial results and the downward trend in earnings compared to the previous year could have led investors to sell off their positions, driving the stock price down.
• The overall negative sentiment in the oil and gas industry might have also impacted HP's stock performance negatively, as investors may have concerns about the sector's outlook.

18.10.2025 - HP Stock was up 5.6%

• HP's Q4 results were somewhat mixed as earnings fell short of estimates while revenues surpassed expectations. This discrepancy points towards the company's resilience in the face of various challenges.
• Despite experiencing losses in international markets and incurring one-time charges, substantial growth in offshore operations contributed significantly to the favorable revenue results, instilling a sense of confidence among investors.
• The market responded favorably to this unexpected earnings outcome, indicating that HP's strategic emphasis on key growth areas is yielding positive results and overshadowing concerns surrounding lower earnings.

16.11.2025 - HP Stock was down 5.1%

• The bearish movement in HP's stock price could be attributed to concerns over the sustainability of its dividend payment. Investors may be wary of the company's ability to maintain dividends given its history of operating unprofitably and previous dividend cuts.
• The announcement of CEO John Lindsay's retirement and the appointment of Raymond John "Trey" Adams as his successor may have also contributed to the negative sentiment. Leadership transitions can sometimes lead to uncertainty among investors, impacting the stock price.
• Despite a surge in revenue and strong EPS growth forecasts, the EPS miss could have further dampened investor confidence, leading to the bearish movement in the stock.
• Overall, the combination of dividend sustainability concerns, CEO transition news, and the EPS miss might have collectively influenced the bearish market movement of Helmerich & Payne's stock today.

08.04.2025 - HP Stock was down 6.8%

• HP stock experienced a strong bearish movement after reporting Q2 earnings that missed estimates by a significant margin.
• The disappointing financial results, with earnings falling short by -96.92%, likely contributed to the negative market sentiment towards the stock.
• Investors may have reacted negatively to the lower-than-expected earnings, leading to a sell-off of HP shares as they reassess the company's future prospects in the energy sector.

21.10.2025 - HP Stock was down 5.5%

• Analysts upgraded their outlook on Helmerich & Payne, but despite this positive sentiment, the stock experienced a bearish movement.
• The company's Q4 earnings were mixed, with a miss on earnings but a beat on revenues. This could have led to uncertainty among investors.
• Expectations of lower Q4 earnings compared to the previous year might have contributed to the bearish market movement.
• The combination of negative earnings surprises and revised forecasts by analysts could have influenced the bearish sentiment towards Helmerich & Payne's stock today.

20.04.2025 - HP Stock was down 5.3%

• The bearish movement in HP's stock today could be linked to a recent downgrade by an analyst, as part of a broader trend of negative sentiment towards energy companies.
• The adjustment in outlook by a prominent Wall Street analyst may have triggered concerns among investors about the company's future performance, leading to a sell-off of HP shares.
• This downgrade, alongside a general shift in market sentiment towards energy stocks, likely resulted in the notable decline in HP's stock price today.

10.05.2025 - HP Stock was up 6.0%

• The bullish movement in HP stock today could be attributed to positive market sentiment towards the oil and gas sector.
• Investors might be optimistic about HP's ability to rebound from the recent 11.2% drop since the last earnings report, leading to increased buying activity.
• The anticipation of a potential turnaround in HP's financial performance following the earnings report could have sparked renewed interest from investors, driving the stock price higher.