Morningstar, Inc. (MORN)

NASDAQ: MORN · Real-Time Price · USD
164.30
-8.35 (-4.84%)
At close: Jun 17, 2026, 4:00 PM EDT
166.00
+1.70 (1.03%)
After-hours: Jun 17, 2026, 5:53 PM EDT
Market Cap6.25B -51.9%
Revenue (ttm)2.51B +8.4%
Net Income402.80M +4.8%
EPS9.77 +9.7%
Shares Out 38.03M
PE Ratio16.81
Forward PE13.54
Dividend$2.00 (1.22%)
Ex-Dividend DateJul 10, 2026
Volume347,553
Open170.06
Previous Close172.65
Day's Range163.51 - 172.43
52-Week Range149.08 - 316.71
Beta0.99
AnalystsStrong Buy
Price Target246.00 (+49.73%)
Earnings DateJul 29, 2026

About MORN

Morningstar, Inc. provides independent investment insights for investors in the United States, Asia, Australia, Canada, Continental Europe, the United Kingdom, and internationally. It operates through five segments: Morningstar Direct Platform, PitchBook, Morningstar Credit, Morningstar Wealth, and Morningstar Retirement. The company offers managed investments, including mutual funds, exchanged traded funds, separate accounts, collective investment trusts, model portfolios, equities, and fixed-income securities; Morningstar Direct, an investmen... [Read more]

Sector Financials
IPO Date May 3, 2005
Employees 10,937
Stock Exchange NASDAQ
Ticker Symbol MORN
Full Company Profile

Financial Performance

In 2025, Morningstar's revenue was $2.45 billion, an increase of 7.49% compared to the previous year's $2.28 billion. Earnings were $374.20 million, an increase of 1.16%.

Financial Statements

Analyst Summary

According to 2 analysts, the average rating for MORN stock is "Strong Buy." The 12-month stock price target is $246.0, which is an increase of 49.73% from the latest price.

Price Target
$246.0
(49.73% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Morningstar teams up with Wall Street firms to open private markets to retail investors

The wealth division of Morningstar has teamed up with Apollo Global Management , Franklin ​Templeton and J.P. Morgan Asset Management to ‌launch a suite of portfolios that will give retail investors e...

Other symbols: APOBENJPM
9 hours ago - Reuters

Morningstar Wealth teams with Apollo, Franklin Templeton, JPM Asset Management

Morningstar (MORN) announced that its Morningstar Wealth division is working with Apollo (APO), Franklin Templeton (BEN) and J.P. Morgan Asset Management (JPM) to launch a suite of public/private mode...

Other symbols: APOBENJPM
11 hours ago - TheFly

Morningstar Wealth Teams with Apollo, Franklin Templeton and J.P. Morgan Asset Management to Develop Public/Private Model Portfolios

CHICAGO--(BUSINESS WIRE)--Morningstar (Nasdaq: MORN) today announced that its Morningstar Wealth division is working with Apollo, Franklin Templeton and J.P. Morgan Asset Management to launch a suite ...

11 hours ago - Business Wire

Morningstar, Samaya AI announce partnership

PitchBook announced a premium partnership with Samaya AI, the Expert AI Agent Platform for financial services. PitchBook’s data is now natively integrated into Samaya AI through Q&A prompts and agent…

1 day ago - TheFly

PitchBook and Samaya AI Announce Premium LLM Partnership, Powering Private Market Workflows with Industry-Leading Data and AI Auditability

SEATTLE--(BUSINESS WIRE)--PitchBook, the leading private capital market intelligence platform, today announced a premium partnership with Samaya AI, the Expert AI Agent Platform for financial services...

1 day ago - Business Wire

Morningstar Report Finds Semiliquid Fund Market Nears $600 Billion as Private Credit Loses Steam

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today released “The State of Semiliquid Funds 2026,” highlighting a rapidly evolving ...

1 day ago - Business Wire

PitchBook Wins Lattice's 2026 Performance Impact Award

SEATTLE--(BUSINESS WIRE)--PitchBook, the leading private capital market intelligence platform, has been named the winner of the Performance Impact Award at Lattice's 2026 People Success Awards, presen...

6 days ago - Business Wire

CME Group and Morningstar sign exclusive index derivatives licensing agreement

CME Group (CME) have entered into a multi-year licensing agreement for CME Group to launch derivatives products based on key Morningstar (MORN) equity index benchmarks, including the Morningstar US To...

Other symbols: CME
7 days ago - TheFly

PitchBook Announces New Premium Connector Integration with Harvey, Bringing Private Market Intelligence Into AI-Native Legal and Deal Workflows

SEATTLE--(BUSINESS WIRE)--PitchBook, the leading private capital market intelligence platform, today announced a premium partnership with Harvey, the leading AI platform for legal and professional ser...

13 days ago - Business Wire

Morningstar Credit Analytics launches AI access to CRE, CMBS analytics

Morningstar (MORN) Credit Analytics announced a new AI integration designed to enable licensed users to access Morningstar Credit Analytics’ commercial real estate and commercial mortgage-backed secur...

13 days ago - TheFly

Morningstar Credit Analytics Launches AI Access to CRE Surveillance and CMBS Analytics

CHICAGO--(BUSINESS WIRE)--Morningstar Credit Analytics (MCA), a wholly-owned subsidiary of Morningstar, Inc. (Nasdaq: MORN), today announced a new AI integration designed to enable licensed users to a...

13 days ago - Business Wire

SpaceX IPO Warning: Why Morningstar Thinks It’s ‘Significantly Overvalued’

Investment research firm Morningstar ($MORN) is criticizing SpaceX’s expected IPO valuation by arguing that the aerospace company may be worth far less than the roughly $1.8 trillion target being disc...

Other symbols: TSLA
15 days ago - TipRanks

Morningstar (MORN) Values SpaceX at $780 Billion, Less Than Half Its IPO Target

SpaceX is targeting a $2 trillion valuation as part of its upcoming market debut.

15 days ago - TipRanks

Morningstar Shares Perspective from Global Asset Owners

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment insights, today shares results from the qualitative phase of its Asset Owner Perspectives Surve...

21 days ago - Business Wire

Morningstar Credit Analytics launches Corporate Credit Analytics

Morningstar (MORN) Credit Analytics launched Corporate Credit Analytics, a new set of tools designed to bring greater transparency and consistency to private credit analysis. The company said, “Corpor...

4 weeks ago - TheFly

Morningstar Credit Analytics Cuts Through Private Market Opacity with Standardized Corporate Credit Analytics

CHICAGO--(BUSINESS WIRE)--Morningstar Credit Analytics, a wholly owned subsidiary of Morningstar, Inc. (Nasdaq: MORN), today launched Corporate Credit Analytics, a new set of tools designed to bring g...

4 weeks ago - Business Wire

Morningstar, PitchBook announce intergration with Perplexity

Morningstar (MORN) and PitchBook announced a new integration with Perplexity that broadens access to Morningstar and PitchBook data, research, and intelligence through Perplexity’s AI platform. Throug...

5 weeks ago - TheFly

Morningstar and PitchBook Expand Access to Trusted Investment Intelligence Through Perplexity

CHICAGO & SEATTLE--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, and PitchBook, a Morningstar company and a leading private capital market i...

5 weeks ago - Business Wire

Morningstar Transcript: AGM 2026

The meeting covered strong AOI and revenue growth, strategic focus on AI integration, and evolving business models. All proposals passed, new directors were welcomed, and management addressed challenges in stock performance and market dynamics.

5 weeks ago - Transcripts

Morningstar reports Q1 adjusted EPS $3.18, consensus $2.66

Reports Q1 revenue $644.8M, consensus $626.91M. “In the first quarter, we created significant value, growing operating and adjusted operating income by more than 30%, while reducing shares outstanding...

7 weeks ago - TheFly

Morningstar, Inc. Reports First-Quarter 2026 Financial Results

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, reported increased revenues in the first quarter of 2026 with sustained momentum in p...

7 weeks ago - Business Wire

Morningstar Shareholder letter: Q1 2026

Morningstar has published a letter to shareholders covering Q1 2026, which was released on April 29, 2026.

7 weeks ago - Filings

Morningstar Slides: Q1 2026

Morningstar has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 29, 2026.

7 weeks ago - Filings

Morningstar Quarterly report: Q1 2026

Morningstar has published its Q1 2026 quarterly earnings report on April 29, 2026.

7 weeks ago - Filings

Morningstar Earnings release: Q1 2026

Morningstar released its Q1 2026 earnings on April 29, 2026, summarizing the period's financial results.

7 weeks ago - Filings