Morgan Stanley Sticks to Its Sell Rating for Helmerich & Payne (HP)

In a report released today, Joe Laetsch from Morgan Stanley maintained a Sell rating on Helmerich & Payne, with a price target of $30.00.

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Laetsch covers the Energy sector, focusing on stocks such as Helmerich & Payne, Schlumberger, and Liberty Oilfield Services. According to TipRanks, Laetsch has an average return of 2.6% and a 60.98% success rate on recommended stocks.

Currently, the analyst consensus on Helmerich & Payne is a Moderate Buy with an average price target of $35.58.

Based on Helmerich & Payne’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.02 billion and a GAAP net loss of $96.71 million. In comparison, last year the company earned a revenue of $677.3 million and had a net profit of $54.77 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 December 2025, Sara Marie Momper, the VP, CAO of HP sold 6,681.00 shares for a total of $201,966.63.