HP.N Shares Drop as 5-Day SMA Crossed
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 18 Nov 25
Shares of Helmerich & Payne, Inc. (HP.N) declined sharply today, crossing below the 5-day simple moving average, indicating a bearish trend. This technical signal comes amid the company's announcement of reactivating seven land rigs in Saudi Arabia, a move aimed at capitalizing on improving market conditions in the region. Despite this strategic commitment, HP.N faces challenges, including a recent fourth-quarter net loss of $57.36 million, raising concerns among investors about its financial health. The stock's year-to-date performance shows a decline of 13.1%, contrasting sharply with the broader market's gains, as investors remain cautious ahead of upcoming earnings reports.
Analyst Views on HP
Wall Street analysts forecast HP stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for HP is 31.45 USD with a low forecast of 26.00 USD and a high forecast of 36.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
6 Buy
6 Hold
1 Sell
Moderate Buy
Current: 33.700
Low
26.00
Averages
31.45
High
36.00
Current: 33.700
Low
26.00
Averages
31.45
High
36.00
About HP
Helmerich & Payne, Inc., through its subsidiaries, designs, fabricates and operates high-performance drilling rigs in conventional and unconventional plays around the world. It develops and implements advanced automation, directional drilling and survey management technologies. Its segments include North America Solutions, International Solutions, and Offshore Gulf of Mexico. The North America Solutions segment has operations which are located in Texas and other states, including Colorado, Louisiana, Montana, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Utah, and West Virginia. The Offshore Gulf of Mexico segment has operations that are located in Louisiana and in the United States federal waters in the Gulf of Mexico. The International Solutions segment has rigs and/or services located in five international locations: Argentina, Australia, Bahrain, Colombia, and Saudi Arabia. It owns and operates a number of commercial real estate properties located in Tulsa, Oklahoma.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
