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Helmerich & Payne shares rise 7.17% intraday after RBC raised price target to $24.
ByAinvest
Friday, Aug 8, 2025 1:23 pm ET1min read
Helmerich & Payne, Inc. rose 7.17% in intraday trading, with RBC raising its price target to $24. The company reported a consolidated net loss of $163 million, or $1.64 per share, for the fiscal third quarter ended June 30th, 2025. However, adjusted for non-cash goodwill impairment and other non-recurring items, earnings were $22 million, or $0.22 per share. The North America Solutions (NAS) segment reported operating income of $158 million, maintaining industry-leading direct margins of $266 million.
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