Morningstar, Inc. (MORN)

NASDAQ: MORN · Real-Time Price · USD
177.39
-0.52 (-0.29%)
May 8, 2026, 1:31 PM EDT - Market open
Market Cap6.75B -42.7%
Revenue (ttm)2.51B +8.4%
Net Income402.80M +4.8%
EPS9.77 +9.7%
Shares Out 38.03M
PE Ratio18.07
Forward PE14.55
Dividend$2.00 (1.13%)
Ex-Dividend DateJul 10, 2026
Volume161,962
Open176.61
Previous Close177.91
Day's Range172.02 - 178.90
52-Week Range149.08 - 316.71
Beta0.98
AnalystsStrong Buy
Price Target256.50 (+44.6%)
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 44.60% from the latest price.

Price Target
$256.5
(44.60% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

4 hours 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.

1 day 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...

8 days 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...

8 days ago - Business Wire

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

9 days 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...

9 days 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...

15 days 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...

15 days 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...

15 days 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...

15 days 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...

Other symbols: MSFTNDAQNVDASIEBSPYVTI
17 days 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...

4 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...

4 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...

4 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.

4 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...

4 weeks ago - Business Wire

Morningstar announces expanded availability of investment data on Snowflake

Morningstar (MORN) announced the expanded availability of its investment data on Snowflake (SNOW), the AI Data Cloud company. Morningstar is now delivering additional datasets on Snowflake Marketplace...

Other symbols: SNOW
5 weeks ago - TheFly

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 ...

5 weeks 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...

5 weeks 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...

6 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...

7 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, ...

7 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...

2 months 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.

2 months 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...

2 months ago - Business Wire