MORN trades 36.9% below Wall Street's consensus target of $234.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes MORN achieves its forward estimates and maintains a stable P/E multiple of 14.3x. This scenario reflects the blended consensus of 6 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of July 8, 2026, Morningstar, Inc. (MORN) has a Wall Street consensus price target of $234.00, based on estimates from 6 covering analysts. With the stock currently trading at $170.96, this represents a potential upside of +36.9%. The company has a market capitalization of $6.50B.
Analyst price targets range from a low of $210.00 to a high of $280.00, representing a 30% spread in expectations. The median target of $212.00 differs from the mean, suggesting potential outlier estimates.
The current analyst consensus rating is Hold, with 2 analysts rating the stock as a Buy or Strong Buy,4 rating it Hold, and 0 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, MORN trades at a trailing P/E of 19.3x and forward P/E of 14.3x. The forward PEG ratio of 1.26 indicates reasonable valuation for growth. Analysts expect EPS to grow +16.3% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $254.07, with bear and bull scenarios of $160.06 and $334.76 respectively. Model confidence stands at 53/100, reflecting moderate uncertainty in projections.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
MSCIMSCI Inc. | $44.3B | $608.09 | $688.29 | +13.2% | Buy | 30.9x | 27 |
SPGIS&P Global Inc. | $131.3B | $443.46 | $548.11 | +23.6% | Buy | 23.9x | 28 |
MCOMoody's Corporation | $88.7B | $500.49 | $541.31 | +8.2% | Buy | 30.0x | 32 |
FDSFactSet Research Systems Inc. | $9.2B | $258.30 | $253.82 | -1.7% | Hold | 14.6x | 29 |
ICEIntercontinental Exchange, Inc. | $77.2B | $136.45 | $192.44 | +41.0% | Buy | 16.8x | 36 |
LSELeishen Energy Holding Co., Ltd. | $76M | $4.49 | — | — | — | — | — |
VRSKVerisk Analytics, Inc. | $25.2B | $192.25 | $226.11 | +17.6% | Hold | 25.1x | 25 |
TRIThomson Reuters Corporation | $39.6B | $90.76 | $137.44 | +51.4% | Buy | 21.1x | 27 |
BLKBlackRock, Inc. | $156.5B | $1009.43 | $1306.25 | +29.4% | Buy | 18.8x | 33 |
TROWT. Rowe Price Group, Inc. | $26.1B | $120.16 | $103.40 | -13.9% | Hold | 12.4x | 38 |
Quick answers to the most common questions about buying MORN stock.
The consensus Wall Street price target for MORN is $234, representing 36.9% upside from the current price of $170.96. With 6 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
MORN has a consensus rating of "Hold" based on 6 Wall Street analysts. The rating breakdown is mixed, with 4 Hold ratings making up the largest segment. The consensus 12-month price target of $234 implies 36.9% upside from current levels.
With a forward P/E of 14.3393x, MORN trades at a relatively low valuation. The consensus target of $234 implies 36.9% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $280 for MORN, while the most conservative target is $210. The consensus of $234 represents the median expectation. Our quantitative valuation model projects a bull case target of $335 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
MORN is moderately covered, with 6 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 2 have Buy ratings, 4 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month MORN stock forecast based on 6 Wall Street analysts shows a consensus price target of $234, with estimates ranging from $210 (bear case) to $280 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $254, with bear/bull scenarios of $160/$335.
Our quantitative valuation model calculates MORN's fair value at $254 (base case), with a bear case of $160 and bull case of $335. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 53/100.
MORN trades at a forward P/E ratio of 14.3x based on next-twelve-months earnings estimates compared to a trailing P/E of 19.3x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on MORN, with a "Hold" consensus rating and $234 price target (36.9% upside). 2 of 6 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
MORN analyst price targets range from $210 to $280, a 30% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $234 consensus represents the middle ground. Our model's $160-$335 range provides an independent fundamental perspective.
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