Morningstar, Inc. (MORN)

Morningstar Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Morningstar stock have an average target of 366.67, with a low estimate of 340 and a high estimate of 390. The average target predicts an increase of 22.99% from the current stock price of 298.12.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$340	$366.67	$370	$390
Change	+14.05%	+22.99%	+24.11%	+30.82%

Analyst Ratings

The average analyst rating for Morningstar stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	1	1	1	1	1	1
Buy	1	1	1	1	1	1
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jeff Silber BMO Capital	BMO Capital	Buy Maintains $387 → $370	Buy	Maintains	$387 → $370	+24.11%	Mar 3, 2025
Russell Quelch Redburn Atlantic	Redburn Atlantic	Strong Buy → Hold Downgrades $340	Strong Buy → Hold	Downgrades	$340	+14.05%	Oct 9, 2024
Alex Kramm UBS	UBS	Strong Buy Initiates $390	Strong Buy	Initiates	$390	+30.82%	Oct 8, 2024
Jeff Silber BMO Capital	BMO Capital	Buy Maintains $352	Buy	Maintains	$352	+18.07%	Aug 28, 2024
Jeff Silber BMO Capital	BMO Capital	Buy Initiates $352	Buy	Initiates	$352	+18.07%	Aug 12, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.50B

Increased by 10.06%

from 2.28B

Revenue Next Year

2.72B

Increased by 8.59%

from 2.50B

EPS This Year

9.28

Increased by 8.12%

from 8.58

EPS Next Year

10.82

Increased by 16.60%

from 9.28

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.39B	1.70B	1.87B	2.04B	2.28B	2.50B	2.72B	2.91B
Revenue Growth	17.85%	22.30%	10.08%	8.98%	11.60%	10.06%	8.59%	6.84%
EPS	5.18	4.45	1.64	3.29	8.58	9.28	10.82	13.82
EPS Growth	47.16%	-14.09%	-63.15%	100.61%	160.79%	8.12%	16.60%	27.78%
Forward PE	-	-	-	-	-	32.14	27.56	21.57
No. Analysts	-	-	-	-	-	5	5	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	2.6B	2.9B	3.1B
Avg	2.5B	2.7B	2.9B
Low	2.4B	2.5B	2.6B

Revenue Growth

Revenue Growth	2025	2026	2027
High	15.8%	15.5%	15.6%
Avg	10.1%	8.6%	6.8%
Low	3.5%	0.9%	-2.6%

EPS Forecast

EPS	2025	2026	2027
High	10.09	12.23	14.23
Avg	9.28	10.82	13.82
Low	7.91	8.92	13.28

EPS Growth

EPS Growth	2025	2026	2027
High	17.6%	31.8%	31.5%
Avg	8.1%	16.6%	27.8%
Low	-7.8%	-3.9%	22.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.