Morningstar, Inc. (MORN)

NASDAQ: MORN · Real-Time Price · USD
184.28
+3.76 (2.08%)
At close: Apr 17, 2026, 4:00 PM EDT
180.72
-3.56 (-1.93%)
After-hours: Apr 17, 2026, 7:06 PM EDT
Market Cap7.10B -45.0%
Revenue (ttm)2.45B +7.5%
Net Income374.20M +1.2%
EPS8.87 +3.4%
Shares Out 38.52M
PE Ratio20.78
Forward PE16.22
Dividend$2.00 (1.09%)
Ex-Dividend DateJul 10, 2026
Volume335,450
Open181.23
Previous Close180.52
Day's Range180.00 - 184.57
52-Week Range149.08 - 316.71
Beta1.11
AnalystsStrong Buy
Price Target256.50 (+39.19%)
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 2 analysts, the average rating for MORN stock is "Strong Buy." The 12-month stock price target is $256.5, which is an increase of 39.19% from the latest price.

Price Target
$256.5
(39.19% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

8 days 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...

9 days 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.

10 days 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...

11 days ago - Business Wire

PitchBook Launches Pioneer Certification Program to the Public

SEATTLE--(BUSINESS WIRE)--PitchBook, the leading private capital market intelligence provider, today announced that PitchBook Pioneer, its on-demand training and certification program, is now open to ...

17 days ago - Business Wire

Morningstar Expands Investment Data Available on Snowflake Marketplace

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced the expanded availability of its investment data on Snowflake, the AI...

17 days ago - Business Wire

PitchBook Earns Spot on G2's 2026 Best Financial Services Software Products List

SEATTLE--(BUSINESS WIRE)--PitchBook, the leading private capital market intelligence provider, has been named to G2's 2026 Best Software Awards list, ranking sixth in the Best Financial Services Softw...

4 weeks ago - Business Wire

Morningstar Awards for Investing Excellence UK 2026: Winners Announced

LONDON--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced the winners for the Morningstar Awards for Investing Excellence UK 202...

4 weeks ago - Business Wire

Morningstar, Inc. Declares Quarterly Dividend of 50 Cents Per Share

CHICAGO--(BUSINESS WIRE)--The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today declared a quarterly dividend of 50 cents per share, ...

5 weeks ago - Business Wire

PitchBook Announces New Essential MCP Integration with Perplexity, Expanding Access to AI-Powered, Verifiable Market Intelligence

SEATTLE--(BUSINESS WIRE)--PitchBook, the leading private capital market intelligence platform, today announced a new partnership with Perplexity, the leading AI-answer engine. Through Perplexity's new...

5 weeks ago - Business Wire

Morningstar Credit Analytics Launches Credit Models and ‘Bring Your Own Loan' Analysis

CHICAGO--(BUSINESS WIRE)--Morningstar Credit Analytics Launches Credit Models and ‘Bring Your Own Loan' Analysis.

5 weeks ago - Business Wire

Morningstar Unveils Agenda for 2026 Morningstar Investment Conference

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced the agenda for its 38th annual Morningstar Investment Conference, tak...

5 weeks ago - Business Wire

Morningstar Introduces AI Assistant Built into the Advisor Workflow

CHICAGO--(BUSINESS WIRE)--Morningstar today introduced an AI assistant embedded in Direct Advisory Suite, its flagship advisor platform.

5 weeks ago - Business Wire

Morningstar Contributes Nearly $5 Million to University of Illinois Gies College of Business to Bring Real-World Investing Closer to the Classroom

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent insights, today announced a multiyear, nearly $5 million strategic collaboration with the University of Il...

6 weeks ago - Business Wire

AI Megadeals and Capital Concentration Define 2025 for Female Founders Across US and Europe

SEATTLE--(BUSINESS WIRE)--PitchBook, the leading private capital market intelligence provider, today released its 2025 US and European editions of the All In: Female Founders in the VC Ecosystem repor...

6 weeks ago - Business Wire

Morningstar Sustainalytics: Institutional Investors Signal Rising Demand for ESG Data Integration Amid Market Maturity

LONDON--(BUSINESS WIRE)--Morningstar Sustainalytics, part of Morningstar, Inc. (Nasdaq: MORN), a leading global provider of ESG data, research, and ratings, today released findings from its inaugural ...

6 weeks ago - Business Wire

Morningstar Names Scott Brown as President of Direct Platform Business

CHICAGO--(BUSINESS WIRE)--Morningstar has appointed Scott Brown as President, Direct Platform, effective March 2, 2026.

2 months ago - Business Wire

Morningstar Retirement and Alta Trust Company Launch Foundation Series Collective Investment Trusts to Expand Access to Professionally Managed Retirement Portfolios

CHICAGO--(BUSINESS WIRE)--Morningstar Retirement, part of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced a strategic collaboration with Alta T...

2 months ago - Business Wire

Morningstar, Inc. Reports Fourth-Quarter, Full-Year 2025 Financial Results

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, reported solid fourth-quarter revenue growth with increases in operating and free cas...

2 months ago - Business Wire

Morningstar Completes Acquisition of CRSP and Extends Relationship with Vanguard

CHICAGO--(BUSINESS WIRE)--Morningstar completes the CRSP acquisition, uniting two trusted sources of market insight & positioning Morningstar as a top-tier index provider.

2 months ago - Business Wire

Morningstar, Inc. to Announce Fourth-Quarter and Full-Year 2025 Financial Results on Feb. 12

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), plans to report its fourth-quarter and full-year 2025 financial results after the market closes on Thursday, Feb. 12, 2026. The company does...

3 months ago - Business Wire

Morningstar Launches First Pure-Play Generative AI Index

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment insights, today announced the Morningstar PitchBook GenAI 20 Index. This first-of-its-kind benc...

3 months ago - Business Wire

Morningstar Appointed by PIMFA as New Sole Index Series Provider

LONDON--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent insights and index solutions, today announced an agreement with the Personal Investment Management and Fina...

3 months ago - Business Wire

Morningstar Launches New Managed Accounts Research Series and Defined Contribution Outcomes Model

CHICAGO--(BUSINESS WIRE)--The Morningstar Center for Retirement & Policy Studies, part of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced the l...

3 months ago - Business Wire

Anne Bramman Elected to Morningstar's Board of Directors

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced that Anne Bramman has been elected to Morningstar's board of director...

3 months ago - Business Wire