Morgan Stanley Keeps Their Hold Rating on NOV (NOV)
Morgan Stanley analyst Joe Laetsch maintained a Hold rating on NOV today and set a price target of $18.00.
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According to TipRanks, Laetsch is a 3-star analyst with an average return of 2.5% and a 59.52% success rate. Laetsch covers the Energy sector, focusing on stocks such as Patterson-UTI, Liberty Energy, and Halliburton.
NOV has an analyst consensus of Moderate Buy, with a price target consensus of $19.75.
Based on NOV’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.28 billion and a GAAP net loss of $78 million. In comparison, last year the company earned a revenue of $2.31 billion and had a net profit of $160 million
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NOV in relation to earlier this year. Most recently, in November 2025, Christian Kendall, a Director at NOV bought 70,000.00 shares for a total of $1,012,200.00.
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