Morningstar, Inc. (MORN)
NASDAQ: MORN · IEX Real-Time Price · USD
305.48
-3.30 (-1.07%)
At close: Jul 19, 2024, 4:00 PM
305.57
+0.09 (0.03%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Morningstar Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Morningstar stock has a target of 320, which predicts an increase of 4.75% from the current stock price of 305.48.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 30, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for Morningstar is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Redburn Atlantic | Redburn Atlantic | Hold → Strong Buy Upgrades $320 | Hold → Strong Buy | Upgrades | $320 | +4.75% | Oct 30, 2023 |
| Redburn Partners | Redburn Partners | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jan 11, 2023 |
| Redburn Partners | Redburn Partners | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Sep 20, 2022 |
Financial Forecast
Revenue This Year
2.27B
from 2.04B
Increased by 11.55%
Revenue Next Year
2.51B
from 2.27B
Increased by 10.47%
EPS This Year
7.18
from 3.29
Increased by 118.20%
EPS Next Year
8.42
from 7.18
Increased by 17.28%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.3B | 2.6B | 2.9B | 3.1B |
| Avg | 2.3B | 2.5B | 2.8B | 3.0B |
| Low | 2.2B | 2.4B | 2.7B | 2.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 14.8% | 13.7% | 13.5% | 12.3% |
| Avg | 11.5% | 10.5% | 10.3% | 9.1% |
| Low | 7.2% | 6.1% | 5.9% | 4.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 7.39 | 8.67 | 10.31 | 11.51 |
| Avg | 7.18 | 8.42 | 10.02 | 11.18 |
| Low | 6.90 | 8.09 | 9.62 | 10.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 124.6% | 20.7% | 22.5% | 14.9% |
| Avg | 118.2% | 17.3% | 19.0% | 11.6% |
| Low | 109.6% | 12.7% | 14.3% | 7.2% |
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.