Morningstar Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, Morningstar stock has a consensus rating of "Buy" and an average price target of $234. The average 1-year stock price forecast is 40.64% higher than the current stock price, while the lowest is $210 (+26.22%) and the highest is $280 (+68.29%).

Price Target: $234 (+40.64%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$210	$234	$212	$280
Change	+26.22%	+40.64%	+27.42%	+68.29%

Analyst Ratings

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

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	2	2	2	2	2	2
Buy	0	0	0	0	0	0
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
Charles Bendit Rothschild & Co Redburn	Rothschild & Co Redburn	Hold Reiterates $265 → $210	Hold	Reiterates	$265 → $210	+26.22%	Jun 18, 2026
Jeffrey Silber BMO Capital	BMO Capital	Buy Maintains $212	Buy	Maintains	$212	+27.42%	May 27, 2026
Alex Kramm UBS	UBS	Buy Maintains $280	Buy	Maintains	$280	+68.29%	Apr 30, 2026

Financial Forecast

Revenue This Year

2.62B

from 2.45B

7.27%

from 2.45B

Revenue Next Year

2.77B

from 2.62B

5.64%

from 2.62B

EPS This Year

11.92

from 9.86

20.92%

from 9.86

EPS Next Year

13.45

from 11.92

12.79%

from 11.92

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.70B	1.87B	2.04B	2.28B	2.45B	2.62B
Revenue Growth	22.30%	10.08%	8.98%	11.60%	7.49%	7.27%
Operating Income	257.00M	193.70M	230.60M	420.80M	506.20M	676.06M
Net Income	193.30M	70.50M	141.10M	369.90M	374.20M	401.37M
EPS	-	-	-	-	9.86	11.92
EPS Growth	-	-	-	-	24.97%	20.92%
Forward PE	29.04	29.04	29.04	29.04	29.04	13.96
Dividend / Share	1.31	1.46	1.53	1.67	1.87	2.01
Dividend Growth	-	11.45%	4.79%	9.15%	11.68%	7.95%
Free Cash Flow	330.79M	234.91M	199.11M	482.71M	446.38M	498.00M
No. Analysts	-	-	-	-	-	3

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	2.6B
Avg	2.6B
Low	2.6B

Revenue Growth

Revenue Growth	2026	2027	2028
High	7.7%
Avg	7.3%
Low	7.0%

EPS Forecast

EPS	2026	2027	2028
High	12.16
Avg	11.92
Low	11.63

EPS Growth

EPS Growth	2026	2027	2028
High	23.4%
Avg	20.9%
Low	18.0%