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MORN Stock Chart & Stats
$215.01
$9.82(5.69%)
At close: 4:00 PM EDT
$215.01
$9.82(5.69%)
Day’s Range― - ―
52-Week Range$141.49 - $226.07
Previous Close$182.43
Volume366.10K
Average Volume (3M)277.45K
Market Cap
$7.94B
Enterprise Value$7.33B
Total Cash (Recent Filing)$523.80M
Total Debt (Recent Filing)$1.90B
Price to Earnings (P/E)20.1
Beta0.83
Next Earnings
Oct 28, 2026EPS Estimate
3.04Next Dividend Ex-DateN/A
Dividend Yield0.94%
Share Statistics
EPS (TTM)10.61
Shares Outstanding37,513,573
10 Day Avg. Volume240,333
30 Day Avg. Volume277,453
Financial Highlights & Ratios
PEG Ratio7.25
Price to Book (P/B)7.45
Price to Sales (P/S)3.72
P/FCF Ratio20.57
Enterprise Value/Market Cap0.92
Enterprise Value/Revenue2.85
Enterprise Value/Gross Profit4.59
Enterprise Value/Ebitda9.02
Forecast
1Y Price Target
$248.50Price Target Upside15.58% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)12.37
Revenue Forecast (FY)$2.65B
Bulls Say, Bears Say
Bulls Say
Recurring Subscription ModelRecurring subscriptions across data, research, ratings, analytics, and workflow tools provide revenue visibility and deepen client relationships. Because these products support recurring investment, reporting, and compliance processes, they can create durable switching costs and support steady cash generation over multiple quarters.
Broad-based Profitable GrowthBroad-based growth in revenue and operating income, combined with sharply higher free cash flow, indicates that Morningstar is converting demand into improving earnings and liquidity. Growth across Credit, Direct, and PitchBook also reduces reliance on a single product line and supports continued investment.
AI-enabled DistributionEmbedding PitchBook intelligence in enterprise AI workflows expands access to Morningstar’s proprietary data and creates an additional distribution channel. Greater integration into clients’ research and modeling processes can strengthen product relevance, increase usage, and preserve subscription value as financial work becomes more automated.
Bears Say
Rapid Leverage IncreaseThe sharp rise in leverage and decline in equity reduce Morningstar’s balance-sheet flexibility, even though profitability remains solid. Higher debt increases the importance of sustained cash generation and leaves less capacity for acquisitions, technology investment, or shareholder returns if operating performance weakens.
Margin Pressure From InvestmentHigher compensation, AI investment, and cloud migration are weighing on margins in important platforms. These costs may support future product competitiveness, but near-term compression shows that Morningstar must convert substantial spending into durable revenue growth while managing the risk of slower profit expansion.
Wealth Business AdjustmentProduct sunsetting and changing asset mix indicate that Morningstar Wealth is undergoing a business transition rather than delivering uniformly stable growth. The adjustment can disrupt revenue composition, require additional execution, and make the segment’s contribution to consolidated growth and margins less predictable.
Morningstar News
MORN FAQ
What was Morningstar’s price range in the past 12 months?
Morningstar lowest stock price was $141.49 and its highest was $226.07 in the past 12 months.
What is Morningstar’s market cap?
Morningstar’s market cap is $7.94B.
When is Morningstar’s upcoming earnings report date?
Morningstar’s upcoming earnings report date is Oct 28, 2026 which is in 5 days.
How were Morningstar’s earnings last quarter?
Morningstar released its earnings results on Jul 29, 2026. The company reported $3.1 earnings per share for the quarter, beating the consensus estimate of $2.829 by $0.271.
Is Morningstar overvalued?
According to Wall Street analysts Morningstar’s price is currently Undervalued.
Does Morningstar pay dividends?
Morningstar pays a Quarterly dividend of $0.5 which represents an annual dividend yield of 0.94%. See more information on Morningstar dividends here
What is Morningstar’s EPS estimate?
Morningstar’s EPS estimate is 3.04.
How many shares outstanding does Morningstar have?
Morningstar has 37,513,573 shares outstanding.
What happened to Morningstar’s price movement after its last earnings report?
Morningstar reported an EPS of $3.1 in its last earnings report, beating expectations of $2.829. Following the earnings report the stock price went down -2.788%.
Which hedge fund is a major shareholder of Morningstar?
Currently, no hedge funds are holding shares in MORN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Morningstar Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$248.50 (15.58% Upside)
$248.50 (15.58% Upside)
Blogger Sentiment
Bullish
MORN Sentiment 83%
Sector Average 61%
Sector Average 61%
Hedge Fund Trend
Increased
By 119.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $199.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.5%
Last 30 Days ▲ 4.0%
Last 30 Days ▲ 4.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.64%
12-Months-Change
Fundamentals
Return on Equity
35.29%
Trailing 12-Months
Asset Growth
8.68%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Morningstar
Morningstar, Inc. operates as a leading global provider of independent investment research and insights, catering to clients across North America, Europe, Australia, and Asia. The firm delivers a comprehensive range of services, including sophisticated web-based analytical tools, extensive investment data, and specialized research focusing on fundamental equity, manager selection, and private capital markets. Additionally, Morningstar offers credit and fund ratings, ESG (environmental, social, and governance) ratings, and index solutions. Its product suite also encompasses various investment offerings, such as managed portfolios, data on both publicly traded and private companies, fixed income securities, and real-time global market information. These services are designed to serve a diverse client base, including financial advisors, asset management companies, retirement plan administrators and sponsors, alongside individual and institutional investors. Among its key offerings are: Morningstar Data: A vast repository of investment intelligence, encompassing equity fundamentals, managed investments, ESG factors, and market data. Morningstar Direct: An advanced platform built for in-depth investment analysis. Morningstar Managed Portfolios: A model portfolio service tailored for independent financial advisors, also providing asset allocation strategies for asset managers, broker/dealers, and insurance providers. Morningstar Advisor Workstation: A web-based platform enabling research, financial planning, and the generation of proposals. Morningstar.com: The company's dedicated online portal for individual investors. Furthermore, Morningstar provides Morningstar Enterprise Components and Morningstar Credit Ratings, which offer issuance and surveillance capabilities for structured finance products, corporate credit evaluations, and operational risk assessments. It also creates Morningstar Indexes for developing specialized investment products and offers workplace solutions, including retirement accounts, fiduciary services, allocation funds, and custom models. Through its PitchBook Platform, the company provides a robust research and analysis workstation for investment and research professionals, supplemented by a mobile application, an Excel plug-in, data feeds, and various data solutions. Morningstar, Inc. was founded in 1984 and has its corporate headquarters situated in Chicago, Illinois.
MORN Stock 12 Month Forecast
Average Price Target
$248.50
▲(15.58% Upside)
Technical Analysis
Ownership Overview
48.58% Insiders
18.90% Mutual Funds
1.44% Other Institutional Investors
18.81% Public Companies and
Individual Investors