Barclays lifts target to USD 51.00 for Helmerich & Payne stock
Published on 10/17/2026 at 19:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and valuation
- On October 12, 2026, Barclays lifted its target from USD 50.00 to USD 51.00.
- Helmerich & Payne is scheduled to report results on November 19, 2026.
- Helmerich & Payne stock was last at USD 37.43 on October 16, 2026 at 4:00 p.m. ET on the NYSE, down 0.66 percent versus its prior close.
- Market capitalization stood at USD 3.7 billion and the P/E ratio was minus 26.74 as of October 16, 2026.
On October 12, 2026, Barclays raised its target for Helmerich & Payne from USD 50.00 to USD 51.00 and retained an Overweight rating, according to MarketBeat. The new target sits 36.25 percent above the USD 37.43 NYSE quote from October 16, 2026. The last quote was USD 37.43 at 4:00 p.m. ET on October 16, 2026, down 0.66 percent versus the prior close.
November 19 results set next
Helmerich & Payne is scheduled to report its fiscal fourth-quarter 2026 results on November 19, 2026. The company announced the date on October 14, 2026, in a release carried on its investor-relations site, Helmerich & Payne. The call is scheduled for 10:00 a.m. ET.
Price sits below yearly high
The October 16 NYSE quote stood within a USD 23.11 to USD 48.17 52-week range. At USD 37.43, the stock was 22.30 percent below its 52-week high and 61.96 percent above its 52-week low. Trading volume reached 1,545,350 shares, 28.47 percent above the 1,202,854-share average.
Valuation and dates
Helmerich & Payne had a market capitalization of USD 3.7 billion and a P/E ratio of minus 26.74 as of October 16, 2026. The next dated corporate event is the November 19, 2026 results release, giving investors a defined checkpoint for the drilling contractor's operating update.
Comparison with peers
HP: minus 0.66 percent, P/E minus 26.74, market capitalization USD 3.7 billion
Nabors Industries (NYSE, USD): plus 2.37 percent, P/E 5.82, market capitalization USD 1.2 billion
Patterson-UTI Energy (Nasdaq, USD): plus 1.68 percent, P/E minus 49.85, market capitalization USD 4.4 billion
Quote and investor perspective
The last NYSE quote was USD 37.43 on October 16, 2026 at 4:00 p.m. ET, down 0.66 percent versus the prior close. Barclays' USD 51.00 target and the November 19 reporting date provide the two clearest near-term reference points for the stock.
HP market data
- Company: Helmerich & Payne, Inc.
- ISIN: US4234521015
- Ticker: HP
- Primary exchange: NYSE
- Price on NYSE (as of October 16, 2026, 4:00 p.m. ET): USD 37.43
- Change versus NYSE prior close: minus 0.66 percent
- Market capitalization: USD 3.7 billion (as of October 16, 2026)
- 52-week range: USD 23.11-48.17 (as of October 16, 2026)
- Sector / Industry: Energy / Oil and Gas Drilling
- Next earnings date: November 19, 2026
Market context: Market report S&P 500.
