Piper Sandler Sticks to Their Buy Rating for Helmerich & Payne (HP)

In a report released today, Derek Podhaizer from Piper Sandler maintained a Buy rating on Helmerich & Payne, with a price target of $43.00.

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According to TipRanks, Podhaizer is a 5-star analyst with an average return of 18.1% and a 57.78% success rate. Podhaizer covers the Energy sector, focusing on stocks such as Helmerich & Payne, Atlas Energy Solutions, and Weatherford International.

In addition to Piper Sandler, Helmerich & Payne also received a Buy from Susquehanna’s Charles Minervino in a report issued on July 8. However, on July 6, RBC Capital maintained a Hold rating on Helmerich & Payne (NYSE: HP).

Based on Helmerich & Payne’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $932.36 million and a GAAP net loss of $58.61 million. In comparison, last year the company earned a revenue of $1.02 billion and had a net profit of $1.65 million

Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HP in relation to earlier this year. Most recently, in May 2026, Cara Hair, the SVP, CORP. SERVICES & CLO of HP sold 28,345.00 shares for a total of $1,174,900.25.