Morningstar, Inc. (MORN)
NASDAQ: MORN · Real-Time Price · USD
340.32
+2.38 (0.70%)
At close: Dec 20, 2024, 4:00 PM
338.81
-1.51 (-0.44%)
After-hours: Dec 20, 2024, 4:21 PM EST
Morningstar Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Morningstar stock have an average target of 360.67, with a low estimate of 340 and a high estimate of 390. The average target predicts an increase of 5.98% from the current stock price of 340.32.
Analyst Consensus: Buy
* Price targets were last updated on Oct 9, 2024.
Analyst Ratings
The average analyst rating for Morningstar stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 2 | 2 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Redburn Atlantic | Redburn Atlantic | Strong Buy → Hold Downgrades $340 | Strong Buy → Hold | Downgrades | $340 | -0.09% | Oct 9, 2024 |
| UBS | UBS | Strong Buy Initiates $390 | Strong Buy | Initiates | $390 | +14.60% | Oct 8, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $352 | Buy | Maintains | $352 | +3.43% | Aug 28, 2024 |
| BMO Capital | BMO Capital | Buy Initiates $352 | Buy | Initiates | $352 | +3.43% | Aug 12, 2024 |
| Redburn Atlantic | Redburn Atlantic | Hold → Strong Buy Upgrades $320 | Hold → Strong Buy | Upgrades | $320 | -5.97% | Oct 30, 2023 |
Financial Forecast
Revenue This Year
2.31B
from 2.04B
Increased by 13.31%
Revenue Next Year
2.50B
from 2.31B
Increased by 8.23%
EPS This Year
7.98
from 3.29
Increased by 142.52%
EPS Next Year
9.26
from 7.98
Increased by 16.10%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.4B | 2.6B | 2.9B | |
| Avg | 2.3B | 2.5B | 2.7B | |
| Low | 2.2B | 2.3B | 2.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 17.0% | 14.0% | 15.7% | |
| Avg | 13.3% | 8.2% | 8.4% | |
| Low | 8.7% | 1.6% | 0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 8.33 | 10.09 | 12.23 | |
| Avg | 7.98 | 9.26 | 10.80 | |
| Low | 7.49 | 7.91 | 8.92 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 153.1% | 26.4% | 32.0% | |
| Avg | 142.5% | 16.1% | 16.6% | |
| Low | 127.6% | -0.9% | -3.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.