Morningstar, Inc. (MORN)
| Market Cap | 7.78B -29.3% |
| Revenue (ttm) | 2.57B +9.3% |
| Net Income | 421.60M +4.3% |
| EPS | 10.50 +11.7% |
| Shares Out | 37.51M |
| PE Ratio | 19.75 |
| Forward PE | 16.09 |
| Dividend | $2.00 (0.96%) |
| Ex-Dividend Date | Oct 2, 2026 |
| Volume | 467,961 |
| Open | 207.24 |
| Previous Close | 206.89 |
| Day's Range | 203.26 - 209.78 |
| 52-Week Range | 141.49 - 266.05 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 236.67 (+14.11%) |
| Earnings Date | Jul 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]
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 StatementsAnalyst Summary
According to 3 analysts, the average rating for MORN stock is "Buy." The 12-month stock price target is $236.67, which is an increase of 14.11% from the latest price.
News
Morningstar reports Q2 adjusted EPS $3.10, two estimates $2.83
Reports Q2 revenue $663.2M, two estimates $649.71M. “We are continuing to deliver profitable growth with meaningful increases in operating and free cash flows,” said Kunal Kapoor, Morningstar’s (MORN)...
Morningstar, Inc. Reports Second-Quarter 2026 Financial Results
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, reported growth in revenue, operating and adjusted operating income, and margins in t...
Morningstar Slides: Q2 2026
Morningstar has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 29, 2026.
Morningstar Shareholder letter: Q2 2026
Morningstar has published a letter to shareholders covering Q2 2026, which was released on July 29, 2026.
Morningstar Quarterly report: Q2 2026
Morningstar has published its Q2 2026 quarterly earnings report on July 29, 2026.
Morningstar Earnings release: Q2 2026
Morningstar released its Q2 2026 earnings on July 29, 2026, summarizing the period's financial results.
Morningstar completes rebrand of CRSP Market Indexes
Morningstar (MORN) announced the completion of the rebrand of the CRSP Market Indexes to the Morningstar Market Indexes, marking an important milestone in the company’s strategy to expand its global…
Morningstar Completes Rebrand of CRSP Market Indexes to Morningstar Market Indexes
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment insights, today announced the completion of the rebrand of the CRSP Market Indexes to the Morni...
Morningstar Launches US Capital Allocation Leaders Index, Providing Exposure to Companies with Exemplary Capital Allocation Practices
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment insights and market data, today introduced the Morningstar US Capital Allocation Leaders Index,...
Google Stock Looks ‘Cheap,’ Says Morningstar Analyst Before July 22 Earnings as Cloud Orders Hit $460 Billion
Google’s stock ($GOOGL) looks fairly cheap ahead of its second-quarter earnings report on July 22. Morningstar ($MORN) analyst Malik Ahmed Khan maintains a $433 fair value estimate on the shares,…
PitchBook Named Best Alternative Data Provider in Waters Technology Rankings 2026
SEATTLE--(BUSINESS WIRE)--PitchBook, a leading private capital market intelligence platform, today announced it has been named “Best Alternative Data Provider” in the Waters Technology Rankings 2026. ...
Morningstar Announces New London Office
LONDON--(BUSINESS WIRE)--Morningstar (Nasdaq: MORN) today announced it will relocate its London operations to One Millennium Bridge, bringing colleagues from across Morningstar and PitchBook, a Mornin...
Morningstar price target lowered to $260 from $280 at UBS
UBS analyst Alex Kramm lowered the firm’s price target on Morningstar (MORN) to $260 from $280 and keeps a Buy rating on the shares.
Morningstar, Inc. to Announce Second-Quarter 2026 Financial Results on July 29
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), plans to report its second-quarter 2026 financial results after the market closes on Wednesday, July 29, 2026. The company does not hold ana...
Morningstar Expands AI Integrations with Microsoft to Bring Trusted Investment Intelligence into Enterprise Workflows
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced a suite of integrations with Microsoft technologies designed to bring...
PitchBook Expands Premium AI Integrations with Microsoft 365 Copilot and Copilot in Excel
SEATTLE--(BUSINESS WIRE)--PitchBook, a leading private capital market intelligence platform, today announced a new federated Copilot connector with Microsoft, bringing trusted private capital market d...
Morningstar, Houlihan Lokey to partner on daily valued index suite for CLOs
Morningstar (MORN) announced a strategic collaboration with Houlihan Lokey (HLI) to develop a new suite of daily valuation indexes to help investors measure and invest in collateralized loan obligatio...
Morningstar Indexes & Houlihan Lokey to Launch Daily Valued Index Suite for the Collateralized Loan Obligation (CLO) Market.
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment insights and market data, today announced a strategic collaboration with leading global investm...
Morningstar Sustainalytics Enhances Physical Climate Risk Capabilities with XDI and Veridion
CHICAGO--(BUSINESS WIRE)--Morningstar Sustainalytics, a leading provider of sustainable investing research, ratings, and data, today announced it is collaborating with XDI (Cross Dependency Initiative...
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, ...
Morningstar price target lowered to $210 from $265 at Rothschild & Co Redburn
Rothschild & Co Redburn lowered the firm’s price target on Morningstar (MORN) to $210 from $265 and keeps a Neutral rating on the shares. The firm says AI is driving…
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...
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...
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 ...
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…