Morningstar (MORN) Stock Forecast, Price Target & Predictions

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MORN Stock Forecast

Morningstar stock forecast is as follows: an average price target of $340.00 (represents a -0.09% downside from MORN’s last price of $340.32) 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 -0.09% downside from MORN's last price of $340.32.

MORN Analyst Ratings

Buy

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%	-0.09%

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 -0.09% decrease from MORN last price ($340.32).

Morningstar Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	1
Avg Price Target	-	$340.00	$340.00
Last Closing Price	$340.32	$340.32	$340.32
Upside/Downside	-100.00%	-0.09%	-0.09%

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 $340.32. 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	$577.25M	$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	$657.87M	$645.17M	$643.67M	$612.65M	$616.15M	$604.14M	$602.74M	$573.63M	$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	$657.13M	$644.43M	$642.93M	$611.95M	$615.45M	$603.46M	$602.06M	$572.97M	$576.59M	$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	$159.57M	$156.48M	$156.12M	$148.60M	$149.45M	$146.53M	$146.19M	$139.13M	$140.09M	$137.30M	$129.71M	$42.94M	$541.25M	$45.93M	$11.42M	$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	$159.66M	$156.57M	$156.21M	$148.68M	$149.53M	$146.62M	$146.28M	$139.21M	$140.25M	$138.49M	$129.71M	$51.53M	$541.55M	$55.11M	$13.70M	$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	$159.48M	$156.40M	$156.03M	$148.51M	$149.36M	$146.45M	$146.11M	$139.05M	$139.93M	$136.10M	$129.71M	$34.35M	$540.94M	$36.74M	$9.14M	$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%	7.57%	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	$105.15M	$103.68M	$94.43M	$89.86M	$93.41M	$92.17M	$83.45M	$79.49M	$87.88M	$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	$105.23M	$103.76M	$94.50M	$89.92M	$93.48M	$92.24M	$83.52M	$79.55M	$94.08M	$86.69M	$57.87M	$18.89M	$90.29M	$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	$105.08M	$103.60M	$94.36M	$89.79M	$93.34M	$92.10M	$83.39M	$79.43M	$81.69M	$86.56M	$57.87M	$12.59M	$90.15M	$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	$238.02M	$233.42M	$232.88M	$221.66M	$222.92M	$218.58M	$218.07M	$207.54M	$208.97M	$204.80M	$204.71M	$54.75M	$807.36M	$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	$238.15M	$233.55M	$233.01M	$221.78M	$223.05M	$218.70M	$218.20M	$207.66M	$209.20M	$206.59M	$204.71M	$65.70M	$807.82M	$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	$237.88M	$233.29M	$232.75M	$221.53M	$222.80M	$218.46M	$217.95M	$207.42M	$208.73M	$203.02M	$204.71M	$43.80M	$806.90M	$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	$2.44	$2.40	$2.19	$2.08	$2.16	$2.14	$1.93	$1.84	$2.18	$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	$2.18	$2.08	$2.16	$2.13	$1.93	$1.84	$1.89	$2.00	$1.34	$1.58	$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 $1.58 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
ICE	Intercontinental Exchange	$152.79	$181.75	18.95%	Buy
SPGI	S&P Global	$500.51	$560.67	12.02%	Buy
MCO	Moody's	$485.63	$502.00	3.37%	Buy
MSCI	MSCI	$611.50	$622.33	1.77%	Buy
NDAQ	Nasdaq	$79.61	$78.60	-1.27%	Buy
MORN	Morningstar	$349.69	$340.00	-2.77%	Buy
CME	CME Group	$235.99	$224.14	-5.02%	Hold
FDS	FactSet Research Systems	$488.81	$453.70	-7.18%	Hold

MORN Forecast FAQ

Is Morningstar a good buy?

Yes, according to 8 Wall Street analysts, Morningstar (MORN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 50.00% of MORN's total ratings.

What is MORN's price target?

Morningstar (MORN) average price target is $340 with a range of $340 to $340, implying a -0.09% from its last price of $340.32. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Morningstar stock go up soon?

According to Wall Street analysts' prediction for MORN stock, the company can go down by -0.09% (from the last price of $340.32 to the average price target of $340), down by -0.09% based on the highest stock price target, and down by -0.09% based on the lowest stock price target.

Can Morningstar stock reach $500?

MORN's average twelve months analyst stock price target of $340 does not support the claim that Morningstar can reach $500 in the near future.

What are Morningstar's analysts' financial forecasts?

Morningstar's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.4B (high $2.4B, low $2.39B), average EBITDA is $581.31M (high $581.64M, low $580.98M), average net income is $348.52M (high $348.78M, low $348.26M), average SG&A $867.11M (high $867.61M, low $866.62M), and average EPS is $8.07 (high $8.07, low $8.06). MORN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.56B (high $2.56B, low $2.56B), average EBITDA is $620.77M (high $621.12M, low $620.42M), average net income is $393.12M (high $393.41M, low $392.82M), average SG&A $925.98M (high $926.5M, low $925.45M), and average EPS is $9.1 (high $9.11, low $9.09).

Did the MORN's actual financial results beat the analysts' financial forecasts?

Based on Morningstar's last annual report (Dec 2023), the company's revenue was $2.07B, which missed the average analysts forecast of $2.46B by -16.12%. Apple's EBITDA was $443.2M, missing the average prediction of $587.18M by -24.52%. The company's net income was $141.1M, beating the average estimation of $107.06M by 31.80%. Apple's SG&A was $779.6M, missing the average forecast of $865.91M by -9.97%. Lastly, the company's EPS was $3.29, missing the average prediction of $3.52 by -6.46%. In terms of the last quarterly report (Dec 2023), Morningstar's revenue was $542.4M, missing the average analysts' forecast of $2.23B by -75.68%. The company's EBITDA was $144.6M, missing the average prediction of $541.25M by -73.28%. Morningstar's net income was $73.5M, missing the average estimation of $90.22M by -18.53%. The company's SG&A was $192.4M, missing the average forecast of $807.36M by -76.17%. Lastly, the company's EPS was $1.71, missing the average prediction of $2.09 by -18.12%