Morningstar, Inc. (MORN)
NASDAQ: MORN · Real-Time Price · USD
330.73
+2.32 (0.71%)
Nov 4, 2024, 4:00 PM EST - Market closed

Morningstar Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Morningstar stock have an average target of 360.67, with a low estimate of 340 and a high estimate of 390. The average target predicts an increase of 9.05% from the current stock price of 330.73.

Analyst Consensus: Buy
Target Low Average Median High
Price $340 $360.67 $352 $390
Change +2.80% +9.05% +6.43% +17.92%

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 May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 111111
Buy 000111
Hold 000001
Sell 000000
Strong Sell 000000
Total 111223

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Redburn Atlantic
Redburn Atlantic
Hold
Downgrades
$340
Hold Downgrades $340 +2.80% Oct 9, 2024
UBS
UBS
Strong Buy
Initiates
$390
Strong Buy Initiates $390 +17.92% Oct 8, 2024
BMO Capital
BMO Capital
Buy
Maintains
$352
Buy Maintains $352 +6.43% Aug 28, 2024
BMO Capital
BMO Capital
Buy
Initiates
$352
Buy Initiates $352 +6.43% Aug 12, 2024
Redburn Atlantic
Redburn Atlantic
Strong Buy
Upgrades
$320
Strong Buy Upgrades $320 -3.24% Oct 30, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
2.31B
from 2.04B
Increased by 13.26%
Revenue Next Year
2.50B
from 2.31B
Increased by 8.19%
EPS This Year
7.88
from 3.29
Increased by 139.62%
EPS Next Year
9.22
from 7.88
Increased by 16.90%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
1.18B1.39B1.70B1.87B2.04B2.31B2.50B2.71B
Revenue Growth
15.60%17.85%22.30%10.08%8.98%13.26%8.19%8.41%
EPS
3.525.184.451.643.297.889.2210.73
EPS Growth
-17.18%47.16%-14.09%-63.15%100.61%139.62%16.90%16.45%
Forward PE
-----41.9535.8930.82
No. Analysts -----555
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 2.4B 2.6B 2.9B
Avg 2.3B 2.5B 2.7B
Low 2.2B 2.3B 2.5B

Revenue Growth

Revenue Growth 2024202520262027
High
17.0%
14.1%
15.8%
Avg
13.3%
8.2%
8.4%
Low
8.6%
1.6%
0.4%

EPS Forecast

EPS 2024202520262027
High 8.32 10.09 12.23
Avg 7.88 9.22 10.73
Low 7.22 7.80 8.74

EPS Growth

EPS Growth 2024202520262027
High
152.8%
27.9%
32.7%
Avg
139.6%
16.9%
16.4%
Low
119.5%
-1.1%
-5.1%
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.