Company Overview: Morningstar, Inc. (NASDAQ: MORN) is recognized as a high-risk, high-reward growth stock, reporting a 5.8% year-over-year revenue increase to $605.1 million in Q2 2025, driven by its PitchBook and Morningstar Direct platforms.
Recent Developments: The company launched the Morningstar PitchBook US Modern Market 100 Index and announced a $375 million acquisition of the Center for Research in Security Prices, enhancing its research capabilities and access to significant market indexes.
MORN
$210.71+Infinity%1D
Analyst Views on MORN
Wall Street analysts forecast MORN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MORN is 285.00 USD with a low forecast of 250.00 USD and a high forecast of 320.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
Wall Street analysts forecast MORN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MORN is 285.00 USD with a low forecast of 250.00 USD and a high forecast of 320.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 214.100
Low
250.00
Averages
285.00
High
320.00
Current: 214.100
Low
250.00
Averages
285.00
High
320.00
UBS
Buy
downgrade
$350 -> $320
2025-10-30
Reason
UBS
Price Target
$350 -> $320
2025-10-30
downgrade
Buy
Reason
UBS lowered the firm's price target on Morningstar to $320 from $350 and keeps a Buy rating on the shares. While Morningstar reported a Q3 beat, underlying results were mixed, the analyst tells investors in a research note.
BMO Capital
Outperform
maintain
$339 -> $355
2025-05-12
Reason
BMO Capital
Price Target
$339 -> $355
2025-05-12
maintain
Outperform
Reason
BMO Capital raised the firm's price target on Morningstar to $355 from $339 and keeps an Outperform rating on the shares after attending its shareholder meeting. The tone on margin expansion was a bit better looking out, and the firm also got greater comfort from Morningstar management on the growth strategy in key business lines, the analyst tells investors in a research note.
BMO Capital
Jeff Silber
Buy
Maintains
$387 → $370
2025-03-03
Reason
BMO Capital
Jeff Silber
Price Target
$387 → $370
2025-03-03
Maintains
Buy
Reason
BMO Capital lowered the firm's price target on Morningstar to $370 from $387 but keeps an Outperform rating on the shares. The company's Q4 results topped consensus, driven by Credit outperformance, while its revenue growth and margin expansion was better than thought across most operating segments, the analyst tells investors in a research note. Morningstar's Data & Analytics business saw slower growth and margin contraction however, the firm added.
About MORN
Morningstar, Inc. is a provider of independent investment insights in North America, Europe, Australia, and Asia. Its segments include Morningstar Data and Analytics, PitchBook, Morningstar Wealth, Morningstar Credit, and Morningstar Retirement. The Morningstar Data and Analytics segment provides investors comprehensive data, research and insights, and investment analysis to empower investment decision-making. The PitchBook segment provides investors with access to a broad collection of data and research covering the private capital markets. Morningstar Wealth segment brings together its model portfolios and wealth platform; practice and portfolio management software for registered investment advisers; data aggregation and enrichment capabilities; and others. Morningstar Credit segment provides investors with credit ratings, research, data, and credit analytics solutions. The Morningstar Retirement segment offers products designed to help individuals reach their retirement goals.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
