BofA raises target for Helmerich & Payne stock to USD 46.00

Published on 10/15/2026 at 20:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal third-quarter revenue reached USD 1.035 billion for June 30, 2026. Helmerich & Payne stock costs EUR 33.80 on October 15, 2026 at 8:12 p.m. CEST, down 2.25 percent on Nasdaq.

Analyst views and trading levels

BofA Securities lifted its target to USD 46.00 from USD 44.00 on October 12, 2026.
Fiscal third-quarter revenue reached USD 1.035 billion for the period ended June 30, 2026.
Helmerich & Payne stock costs EUR 33.80 at Lang & Schwarz on October 15, 2026 at 8:12 p.m. CEST, down 2.25 percent on the Nasdaq.
The next fiscal fourth-quarter results call is scheduled for November 19, 2026.

HP, US4234521015, Illustration mit AI erstellt.

BofA Securities raised its price target for Helmerich & Payne from USD 44.00 to USD 46.00 on October 12, 2026, while keeping a Buy rating, according to Investing.com. Helmerich & Payne stock was trading at EUR 33.80 at Lang & Schwarz on October 15, 2026 at 8:12 p.m. CEST, down 2.25 percent on the Nasdaq from the prior close.

Revenue reached USD 1.035 billion

For the fiscal third quarter ended June 30, 2026, revenue came to USD 1.035 billion, up from USD 932.362 million in the fiscal second quarter ended March 31, 2026. Net income attributable to common shareholders was USD 75.682 million, or USD 0.74 diluted earnings per share, compared with a USD 58.609 million net loss and a USD 0.59 diluted loss per share in the prior quarter, according to the company release carried by Business Wire.

Price sits below the yearly high

The current euro quotation is separate from the NYSE market data. HP last traded at USD 37.72 on October 15, 2026 at 2:20 p.m. ET, with a USD 22.62 to USD 48.17 52-week range. The current USD price is 21.69 percent below the yearly high. Trading volume was 405,309 shares against an average of 1,195,456 shares.

Valuation and upcoming date

Market capitalization stood at USD 3.8 billion, while the price-to-earnings ratio was minus 27.00. The quarterly dividend was USD 0.25, equal to a 2.60 percent annual yield, according to MarketBeat. The company will discuss fiscal fourth-quarter 2026 results on November 19, 2026, at 10:00 a.m. ET, according to Business Wire.

Peer comparison

Helmerich & Payne operates in the energy sector as an oil and gas drilling services provider. Its 15,700 employees and operations across North America and international markets support a business centered on drilling rigs and related technology.

Trading perspective

The market picture combines a fresh analyst target with a recent return to quarterly profitability. The next earnings call should provide the next dated checkpoint for margins, rig activity and cash generation.

The further course of trading is shown by the continuously updated real-time quote of HP stock.