HighPeak Energy (HPK) - Among the Energy Stocks that Lost This Week

The share price of HighPeak Energy, Inc. (NASDAQ:HPK) fell by 14.53% between January 16 and January 23, 2026, putting it among the Energy Stocks that Lost the Most This Week.

HighPeak Energy, Inc. (NASDAQ:HPK) is an independent oil and natural gas company engaged in the acquisition, development, and production of oil, natural gas, and NGL reserves.

On January 16, BofA lowered its price target on HighPeak Energy, Inc. (NASDAQ:HPK) from $6.50 to $5, while keeping an ‘Underperform’ rating on the shares. Despite the cut, the price target indicates an upside of almost 27% from the current levels. BofA remains cautious on the oil backdrop amid ongoing trade disputes and oversupply issues. Given the low-priced environment, the analyst favors companies with resilient portfolios and low breakevens, which allow them to fully cover their capital expenditures and dividends.

Following the recent downturn, HighPeak Energy, Inc.’s (NASDAQ:HPK) share price has fallen by around 72% over the last year.

While we acknowledge the potential of HPK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.