Morningstar, Inc. (MORN)

NASDAQ: MORN · Real-Time Price · USD
182.43
+9.82 (5.69%)
Jul 27, 2026, 4:00 PM EDT - Market closed
Market Cap6.94B -40.9%
Revenue (ttm)2.51B +8.4%
Net Income402.80M +4.8%
EPS9.77 +9.7%
Shares Out 38.03M
PE Ratio18.67
Forward PE15.04
Dividend$2.00 (1.16%)
Ex-Dividend DateOct 2, 2026
Volume366,097
Open176.13
Previous Close172.61
Day's Range175.65 - 185.11
52-Week Range141.49 - 289.63
Beta1.01
AnalystsBuy
Price Target224.33 (+22.97%)
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 3 analysts, the average rating for MORN stock is "Buy." The 12-month stock price target is $224.33, which is an increase of 22.97% from the latest price.

Price Target
$224.33
(22.97% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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,...

5 days ago - Business Wire

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,…

Other symbols: GOOGL
7 days ago - TipRanks

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. ...

10 days ago - Business Wire

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...

12 days ago - Business Wire

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.

20 days ago - TheFly

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...

4 weeks ago - Business Wire

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...

4 weeks ago - Business Wire

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...

4 weeks ago - Business Wire

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...

Other symbols: HLI
4 weeks ago - TheFly

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...

Other symbols: HLI
4 weeks ago - Business Wire

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...

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

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…

5 weeks ago - TheFly

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
5 weeks 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
5 weeks 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 ...

5 weeks 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…

5 weeks 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...

5 weeks 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 ...

5 weeks 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 weeks 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
6 weeks 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...

7 weeks 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...

7 weeks 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...

7 weeks 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
7 weeks ago - TipRanks