Morningstar (MORN) Stock Forecast, Price Target & Predictions
MORN Stock Forecast
Morningstar stock forecast is as follows: an average price target of $340.00 (represents a 1.53% upside from MORN’s last price of $334.88) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
MORN Price Target
The average price target for Morningstar (MORN) is $340.00 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $340.00 to $340.00. This represents a potential 1.53% upside from MORN's last price of $334.88.
MORN Analyst Ratings
According to 8 Wall Street analysts, Morningstar's rating consensus is 'Buy'. The analyst rating breakdown for MORN stock is 0 'Strong Buy' (0.00%), 4 'Buy' (50.00%), 4 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Morningstar Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 09, 2024 | Russell Quelch | Redburn Partners | $340.00 | $335.28 | 1.41% | 1.53% |
The latest Morningstar stock forecast, released on Oct 09, 2024 by Russell Quelch from Redburn Partners, set a price target of $340.00, which represents a 1.41% increase from the stock price at the time of the forecast ($335.28), and a 1.53% increase from MORN last price ($334.88).
Morningstar Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $340.00 | $340.00 |
| Last Closing Price | $334.88 | $334.88 | $334.88 |
| Upside/Downside | -100.00% | 1.53% | 1.53% |
In the current month, the average price target of Morningstar stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Morningstar's last price of $334.88. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 08, 2024 | UBS | - | Buy | Initialise |
| Aug 12, 2024 | BMO Capital | - | Outperform | Initialise |
| Jan 11, 2023 | Redburn Partners | Buy | Neutral | Downgrade |
| Sep 20, 2022 | Susquehanna | - | Neutral | Downgrade |
| Sep 20, 2022 | Redburn Partners | - | Buy | Upgrade |
| Sep 20, 2022 | Piper Sandler | - | Neutral | Downgrade |
| Sep 20, 2022 | Wells Fargo | - | Equal-Weight | Downgrade |
| Sep 20, 2022 | Morgan Stanley | - | Overweight | Upgrade |
| Sep 20, 2022 | Exane BNP Paribas | - | Outperform | Upgrade |
Morningstar's last stock rating was published by UBS on Oct 08, 2024. The company Initialise its MORN rating from "null" to "Buy".
Morningstar Financial Forecast
Morningstar Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Mar 23 | Dec 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | Mar 12 | Mar 11 | Mar 10 | Mar 09 | Mar 08 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $542.40M | $479.70M | $475.00M | $457.00M | $392.80M | $324.00M | $258.90M | $243.50M | $209.50M | $192.10M | $189.80M | $181.16M | $168.86M | $160.76M | $151.77M | $128.29M | $116.73M | - |
| Avg Forecast | $657.50M | $644.80M | $643.30M | $612.30M | $615.80M | $603.80M | $602.40M | $573.30M | $576.60M | $565.75M | $570.50M | $218.13M | $2.23B | $233.29M | $47.06M | $249.51M | $266.86M | $285.41M | $305.25M | $326.47M | $349.17M | $209.30M | $192.63M | $209.28M | $155.45M | $204.97M | $145.44M | $153.95M | $89.27M | $117.44M |
| High Forecast | $658.24M | $645.53M | $644.03M | $612.99M | $616.50M | $604.48M | $603.08M | $573.95M | $577.90M | $570.67M | $570.50M | $261.76M | $2.23B | $279.95M | $56.47M | $299.41M | $320.23M | $342.49M | $366.30M | $391.76M | $419.00M | $251.16M | $231.16M | $251.13M | $186.55M | $245.96M | $174.53M | $184.74M | $107.12M | $140.92M |
| Low Forecast | $656.76M | $644.07M | $642.57M | $611.61M | $615.10M | $603.12M | $601.72M | $572.65M | $575.30M | $560.82M | $570.50M | $174.50M | $2.23B | $186.63M | $37.65M | $199.61M | $213.49M | $228.33M | $244.20M | $261.18M | $279.33M | $167.44M | $154.11M | $167.42M | $124.36M | $163.97M | $116.35M | $123.16M | $71.41M | $93.95M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 18 | 1 | 13 | 19 | 14 | 19 | 19 | 20 | 19 | 10 | 11 | 12 | 12 | 20 | 11 | 15 | 15 | 16 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.24% | 2.06% | 10.09% | 1.83% | 1.47% | 1.14% | 0.85% | 0.75% | 0.60% | 0.92% | 0.99% | 0.87% | 1.09% | 0.78% | 1.04% | 0.83% | 1.31% | - |
Morningstar's average Quarter revenue forecast for Mar 24 based on 18 analysts is $218.13M, with a low forecast of $174.50M, and a high forecast of $261.76M. MORN's average Quarter revenue forecast represents a -59.78% decrease compared to the company's last Quarter revenue of $542.40M (Dec 23).
Morningstar EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Mar 23 | Dec 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | Mar 12 | Mar 11 | Mar 10 | Mar 09 | Mar 08 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 18 | 1 | 13 | 19 | 14 | 19 | 19 | 20 | 19 | 10 | 11 | 12 | 12 | 20 | 11 | 15 | 15 | 16 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $144.60M | $60.20M | $86.50M | $103.00M | $108.70M | $70.30M | $69.30M | $79.00M | $49.10M | $60.10M | $59.80M | $52.48M | $53.38M | $41.89M | $22.22M | $40.12M | $43.50M | - |
| Avg Forecast | $159.20M | $156.13M | $155.77M | $148.26M | $149.11M | $146.20M | $145.86M | $138.82M | $139.61M | $136.99M | $129.71M | $42.94M | $540.02M | $45.93M | $11.39M | $49.12M | $52.54M | $56.19M | $60.09M | $64.27M | $68.74M | $65.04M | $60.68M | $59.52M | $48.78M | $50.92M | $21.25M | $46.81M | $30.11M | $39.82M |
| High Forecast | $159.38M | $156.31M | $155.94M | $148.43M | $149.28M | $146.37M | $146.03M | $138.97M | $139.93M | $138.18M | $129.71M | $51.53M | $540.63M | $55.11M | $13.67M | $58.95M | $63.04M | $67.43M | $72.11M | $77.13M | $82.49M | $78.05M | $72.82M | $71.43M | $58.54M | $61.11M | $25.51M | $56.17M | $36.14M | $47.79M |
| Low Forecast | $159.02M | $155.95M | $155.59M | $148.09M | $148.94M | $146.04M | $145.70M | $138.66M | $139.30M | $135.79M | $129.71M | $34.35M | $539.40M | $36.74M | $9.12M | $39.30M | $42.03M | $44.95M | $48.08M | $51.42M | $54.99M | $52.03M | $48.54M | $47.62M | $39.03M | $40.74M | $17.00M | $37.45M | $24.09M | $31.86M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.27% | 1.31% | 7.59% | 2.10% | 2.07% | 1.25% | 1.15% | 1.23% | 0.71% | 0.92% | 0.99% | 0.88% | 1.09% | 0.82% | 1.05% | 0.86% | 1.44% | - |
18 analysts predict MORN's average Quarter EBITDA for Mar 24 to be $42.94M, with a high of $51.53M and a low of $34.35M. This is -70.30% lower than Morningstar's previous annual EBITDA (Dec 23) of $144.60M.
Morningstar Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Mar 23 | Dec 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | Mar 12 | Mar 11 | Mar 10 | Mar 09 | Mar 08 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 18 | 1 | 13 | 19 | 14 | 19 | 19 | 20 | 19 | 10 | 11 | 12 | 12 | 20 | 11 | 15 | 15 | 16 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $73.50M | $-6.30M | $3.30M | $46.10M | $54.90M | $23.90M | $33.20M | $41.90M | $18.00M | $28.70M | $29.70M | $26.38M | $29.62M | $20.14M | $22.54M | $20.19M | $24.96M | - |
| Avg Forecast | $104.98M | $103.68M | $94.61M | $89.86M | $93.31M | $92.02M | $83.38M | $79.49M | $87.71M | $86.62M | $57.87M | $15.74M | $90.22M | $16.84M | $47.58M | $18.01M | $19.26M | $20.60M | $22.03M | $23.56M | $25.20M | $31.06M | $30.14M | $29.92M | $27.06M | $24.48M | $21.56M | $23.55M | $17.28M | $21.50M |
| High Forecast | $105.13M | $103.83M | $94.75M | $89.99M | $93.45M | $92.15M | $83.50M | $79.61M | $93.78M | $86.75M | $57.87M | $18.89M | $90.35M | $20.20M | $57.10M | $21.61M | $23.11M | $24.72M | $26.44M | $28.27M | $30.24M | $37.27M | $36.16M | $35.90M | $32.48M | $29.38M | $25.87M | $28.26M | $20.74M | $25.80M |
| Low Forecast | $104.82M | $103.53M | $94.47M | $89.72M | $93.17M | $91.88M | $83.25M | $79.37M | $81.65M | $86.50M | $57.87M | $12.59M | $90.09M | $13.47M | $38.06M | $14.41M | $15.41M | $16.48M | $17.62M | $18.85M | $20.16M | $24.85M | $24.11M | $23.94M | $21.65M | $19.58M | $17.25M | $18.84M | $13.83M | $17.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | -0.37% | 0.07% | 2.56% | 2.85% | 1.16% | 1.51% | 1.78% | 0.71% | 0.92% | 0.99% | 0.88% | 1.09% | 0.82% | 1.05% | 0.86% | 1.44% | - |
Morningstar's average Quarter net income forecast for Mar 24 is $15.74M, with a range of $12.59M to $18.89M. MORN's average Quarter net income forecast represents a -78.58% decrease compared to the company's last Quarter net income of $73.50M (Dec 23).
Morningstar SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Mar 23 | Dec 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | Mar 12 | Mar 11 | Mar 10 | Mar 09 | Mar 08 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 18 | 1 | 13 | 19 | 14 | 19 | 19 | 20 | 19 | 10 | 11 | 12 | 12 | 20 | 11 | 15 | 15 | 16 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $192.40M | $191.60M | $199.70M | $171.70M | $131.70M | $108.30M | $80.80M | $70.70M | $62.60M | $47.90M | $51.50M | $54.53M | $55.31M | $56.50M | $57.10M | $43.20M | $34.69M | - |
| Avg Forecast | $237.35M | $232.76M | $232.22M | $221.03M | $222.29M | $217.96M | $217.45M | $206.95M | $208.14M | $204.22M | $204.71M | $54.75M | $805.07M | $58.56M | $37.63M | $62.63M | $66.98M | $71.64M | $76.62M | $81.94M | $87.64M | $51.84M | $52.26M | $61.86M | $50.54M | $68.69M | $54.62M | $50.40M | $24.02M | $38.72M |
| High Forecast | $237.61M | $233.02M | $232.48M | $221.28M | $222.54M | $218.21M | $217.70M | $207.18M | $208.61M | $206.00M | $204.71M | $65.70M | $805.98M | $70.27M | $45.16M | $75.15M | $80.38M | $85.96M | $91.94M | $98.33M | $105.17M | $62.20M | $62.71M | $74.23M | $60.65M | $82.43M | $65.54M | $60.49M | $28.82M | $46.46M |
| Low Forecast | $237.08M | $232.50M | $231.96M | $220.78M | $222.04M | $217.71M | $217.21M | $206.72M | $207.67M | $202.45M | $204.71M | $43.80M | $804.16M | $46.84M | $30.10M | $50.10M | $53.58M | $57.31M | $61.29M | $65.55M | $70.11M | $41.47M | $41.81M | $49.49M | $40.43M | $54.95M | $43.69M | $40.32M | $19.21M | $30.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.24% | 3.27% | 5.31% | 2.74% | 1.97% | 1.51% | 1.05% | 0.86% | 0.71% | 0.92% | 0.99% | 0.88% | 1.09% | 0.82% | 1.05% | 0.86% | 1.44% | - |
Morningstar's average Quarter SG&A projection for Mar 24 is $54.75M, based on 18 Wall Street analysts, with a range of $43.80M to $65.70M. The forecast indicates a -71.54% fall compared to MORN last annual SG&A of $192.40M (Dec 23).
Morningstar EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Mar 23 | Dec 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | Mar 12 | Mar 11 | Mar 10 | Mar 09 | Mar 08 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 18 | 1 | 13 | 19 | 14 | 19 | 19 | 20 | 19 | 10 | 11 | 12 | 12 | 20 | 11 | 15 | 15 | 16 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.71 | $-0.15 | $0.08 | $1.07 | $1.28 | $0.56 | $0.78 | $0.99 | $0.42 | $0.67 | $0.67 | $0.59 | $0.64 | $0.40 | $0.45 | $0.41 | $0.53 | - |
| Avg Forecast | $2.43 | $2.40 | $2.19 | $2.08 | $2.16 | $2.13 | $1.93 | $1.84 | $2.03 | $2.01 | $1.34 | $1.58 | $2.09 | $1.43 | $1.95 | $1.43 | $0.75 | $0.80 | $0.86 | $0.92 | $0.98 | $0.79 | $0.69 | $0.76 | $0.53 | $0.62 | $0.44 | $0.56 | $0.27 | $0.41 |
| High Forecast | $2.43 | $2.40 | $2.19 | $2.08 | $2.16 | $2.13 | $1.93 | $1.84 | $2.17 | $2.01 | $1.34 | $1.58 | $2.09 | $1.43 | $1.96 | $1.43 | $0.90 | $0.96 | $1.03 | $1.10 | $1.18 | $0.95 | $0.83 | $0.91 | $0.64 | $0.74 | $0.53 | $0.67 | $0.32 | $0.49 |
| Low Forecast | $2.43 | $2.40 | $2.19 | $2.08 | $2.16 | $2.13 | $1.93 | $1.84 | $1.89 | $2.00 | $1.34 | $1.57 | $2.09 | $1.43 | $1.95 | $1.43 | $0.60 | $0.64 | $0.68 | $0.73 | $0.78 | $0.63 | $0.55 | $0.61 | $0.42 | $0.50 | $0.35 | $0.45 | $0.22 | $0.33 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | -0.10% | 0.04% | 0.75% | 1.71% | 0.70% | 0.91% | 1.08% | 0.43% | 0.85% | 0.97% | 0.78% | 1.21% | 0.65% | 1.02% | 0.73% | 1.96% | - |
According to 18 Wall Street analysts, Morningstar's projected average Quarter EPS for Mar 24 is $1.58, with a low estimate of $1.57 and a high estimate of $1.58. This represents a -7.81% decrease compared to MORN previous annual EPS of $1.71 (Dec 23).
Morningstar Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SPGI | S&P Global | $502.31 | $512.75 | 2.08% | Buy |
| MORN | Morningstar | $334.88 | $340.00 | 1.53% | Buy |
| MSCI | MSCI | $597.13 | $604.55 | 1.24% | Buy |
| CME | CME Group | $229.66 | $217.06 | -5.49% | Hold |
| ICE | Intercontinental Exchange | $157.93 | $148.41 | -6.03% | Buy |
| FDS | FactSet Research Systems | $481.40 | $449.00 | -6.73% | Hold |
| MCO | Moody's | $468.78 | $418.50 | -10.73% | Buy |
| NDAQ | Nasdaq | $80.16 | $71.48 | -10.83% | Buy |