HP Stock: TD Cowen Raises Price Target to $27, Maintains Hold Rating

Wednesday, Aug 20, 2025 2:53 pm ET1min read

TD Cowen raises HP's price target to $27, maintaining a "Hold" rating, a 3.85% increase. Analysts forecast an average target price of $21.27 with an 18.68% upside from the current price of $17.92. The average brokerage recommendation is 2.9, indicating a "Hold" status. The estimated GF Value for HP in one year is $52.92.

In a recent analyst update, TD Cowen has raised its price target for Helmerich & Payne (HP) to $27.00, maintaining a "Hold" rating. The price target was previously set at $26.00, representing a 3.85% increase. This adjustment reflects the analyst's view on the company's performance and market outlook [1].

The latest update comes on the heels of HP's strong third-quarter financial results, which included earnings per share of $0.22, surpassing expectations, and revenue reaching $1.04 billion, exceeding forecasts. The company's North American Solutions (NAS) margins demonstrated resilience, and early signs of stabilization in international markets were noted [3].

Based on the consensus of 15 analysts, the average target price for HP is $21.27, with a high estimate of $26.00 and a low estimate of $17.00. This average target implies an upside of 18.68% from the current price of $17.92 [1]. The average brokerage recommendation from 19 firms is 2.9, indicating a "Hold" status [1].

Additionally, GuruFocus estimates that the fair value (GF Value) for HP in one year is $52.92, suggesting a potential upside of 195.31% from the current price [1]. This estimate is based on historical multiples and future performance expectations.

Despite the positive developments, TD Cowen maintains its cautious stance due to uncertainty in the macroeconomic environment [3].

References:
[1] https://www.gurufocus.com/news/3069325/hp-stock-td-cowen-raises-price-target-to-27-maintains-hold-rating--hp-stock-news
[2] https://www.investing.com/news/analyst-ratings/td-cowen-lowers-novo-nordisk-stock-price-target-to-70-from-105-93CH-4200281
[3] https://www.investing.com/news/analyst-ratings/helmerich--payne-stock-price-target-raised-to-27-by-td-cowen-93CH-4199599

HP Stock: TD Cowen Raises Price Target to $27, Maintains Hold Rating

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