Morningstar, Inc. (MORN)

NASDAQ: MORN · Real-Time Price · USD
180.16
+3.49 (1.98%)
At close: May 28, 2026, 4:00 PM EDT
180.11
-0.05 (-0.03%)
After-hours: May 28, 2026, 4:00 PM EDT
Market Cap6.85B -47.6%
Revenue (ttm)2.51B +8.4%
Net Income402.80M +4.8%
EPS9.77 +9.7%
Shares Out 38.03M
PE Ratio18.43
Forward PE14.84
Dividend$2.00 (1.11%)
Ex-Dividend DateJul 10, 2026
Volume308,695
Open176.80
Previous Close176.67
Day's Range174.15 - 183.17
52-Week Range149.08 - 316.71
Beta0.98
AnalystsBuy
Price Target252.33 (+40.06%)
Earnings DateApr 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 3 analysts, the average rating for MORN stock is "Buy." The 12-month stock price target is $252.33, which is an increase of 40.06% from the latest price.

Price Target
$252.33
(40.06% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

1 day 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...

8 days 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...

8 days ago - Business Wire

Morningstar Shareholders Approve All AGM Proposals, Back Directors, Pay Vote and KPMG Auditor

Morningstar NASDAQ: MORN shareholders approved all proposals presented at the company's 2026 annual meeting, including the election of 10 directors, an advisory “say on pay” vote, and the ratification...

20 days ago - MarketBeat

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...

20 days 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...

20 days 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.

21 days 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...

4 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...

4 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.

4 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.

4 weeks ago - Filings

Morningstar Quarterly report: Q1 2026

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

4 weeks ago - Filings

Morningstar Earnings release: Q1 2026

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

4 weeks ago - Filings

Morningstar reaches new milestone in acquisition of CRSP

Morningstar (MORN) has reached a new milestone in its previously completed acquisition of the Center for Research in Security Prices, CRSP, from the University of Chicago, announcing the rebrand of…

4 weeks ago - TheFly

Morningstar Reaches New Milestone in the CRSP Acquisition, Rebranding CRSP Market Indexes to Morningstar Indexes

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment insights, has reached a new milestone in its previously completed acquisition of the Center for...

4 weeks ago - Business Wire

PitchBook introduces PitchBook LCD Default Predictor

PitchBook introduced the PitchBook LCD Default Predictor, a new quantitative research tool that produces a monthly, forward-looking estimate of the aggregate default rate in the Morningstar (MORN) LST...

5 weeks ago - TheFly

Morningstar announces PitchBook Europe Modern Market 50 Index

Morningstar (MORN) announced the Morningstar PitchBook Europe Modern Market 50 Index. The Europe Modern Market 50 blends the largest and most significant Europe-based publicly listed and late-stage ve...

5 weeks ago - TheFly

PitchBook LCD Introduces Default Predictor, a Forward-Looking Leveraged Loan Default Rate Indicator

SEATTLE--(BUSINESS WIRE)--PitchBook, the leading private capital market intelligence platform, today introduced the PitchBook LCD Default Predictor, a new quantitative research tool that produces a mo...

5 weeks ago - Business Wire

Morningstar Introduces Europe Modern Market 50 Index

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment insights, today announced the Morningstar PitchBook Europe Modern Market 50 Index. The Europe M...

5 weeks ago - Business Wire

Morningstar (MORN) Moves to Overhaul Index Rules as SpaceX IPO Pressure Builds

Global investment firm Morningstar Inc. ($MORN) is considering adjusting its market index designs ahead of SpaceX’s highly anticipated initial public offering (IPO). The move underscores how index pro...

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5 weeks ago - TipRanks

Pello to acquire ByAllAccounts from Morningstar, terms not disclosed

Pello Companies, LLC announced the entry into a definitive agreement for the acquisition of ByAllAccounts, a provider of innovative data aggregation technology for financial applications, from Morning...

6 weeks ago - TheFly

Pello Companies to Acquire ByAllAccounts from Morningstar

SALT LAKE CITY & CHICAGO--(BUSINESS WIRE)--Pello Companies, LLC, which focuses on open finance innovation, today announced the entry into a definitive agreement for the acquisition of ByAllAccounts, a...

7 weeks ago - Business Wire

Morningstar Announces Winners for the 2026 US Morningstar Awards for Investing Excellence

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced the winners of the 2026 US Morningstar Awards for Investing Excellenc...

7 weeks ago - Business Wire

Morningstar DBRS Marks 50 Years of Credit Ratings; Advances Global Methodology Program and Asia-Pacific Growth

TORONTO--(BUSINESS WIRE)--Morningstar DBRS marks 50 years of credit ratings, advances global methodology program and Asia-Pacific growth.

7 weeks ago - Business Wire

Morningstar, Inc. to Announce First-Quarter 2026 Financial Results on April 29

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), plans to report its first-quarter 2026 financial results after the market closes on Wednesday, April 29, 2026. The company does not hold ana...

7 weeks ago - Business Wire