Morningstar, Inc. (MORN)
| Market Cap | 5.88B |
| Revenue (ttm) | 2.51B |
| Net Income (ttm) | 402.80M |
| Shares Out | 38.03M |
| EPS (ttm) | 9.77 |
| PE Ratio | 15.82 |
| Forward PE | 12.74 |
| Dividend | $2.00 (1.41%) |
| Ex-Dividend Date | Jul 10, 2026 |
| Volume | 1,155,471 |
| Open | 143.97 |
| Previous Close | 141.84 |
| Day's Range | 143.94 - 155.32 |
| 52-Week Range | 141.49 - 316.71 |
| Beta | 0.99 |
| Analysts | Buy |
| Price Target | 234.00 (+51.31%) |
| Earnings Date | Jul 29, 2026 |
About MORN
Morningstar, Inc. provides independent investment insights for investors in the United States, Asia, Australia, Canada, Continental Europe, the United Kingdom, and internationally. It operates through five segments: Morningstar Direct Platform, PitchBook, Morningstar Credit, Morningstar Wealth, and Morningstar Retirement. The company offers managed investments, including mutual funds, exchanged traded funds, separate accounts, collective investment trusts, model portfolios, equities, and fixed-income securities; Morningstar Direct, an investmen... [Read more]
Financial Performance
In 2025, Morningstar's revenue was $2.45 billion, an increase of 7.49% compared to the previous year's $2.28 billion. Earnings were $374.20 million, an increase of 1.16%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for MORN stock is "Buy." The 12-month stock price target is $234.0, which is an increase of 51.31% from the latest price.
News
Morningstar Expands AI Integrations with Microsoft to Bring Trusted Investment Intelligence into Enterprise Workflows
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced a suite of integrations with Microsoft technologies designed to bring...
PitchBook Expands Premium AI Integrations with Microsoft 365 Copilot and Copilot in Excel
SEATTLE--(BUSINESS WIRE)--PitchBook, a leading private capital market intelligence platform, today announced a new federated Copilot connector with Microsoft, bringing trusted private capital market d...
Morningstar, Houlihan Lokey to partner on daily valued index suite for CLOs
Morningstar (MORN) announced a strategic collaboration with Houlihan Lokey (HLI) to develop a new suite of daily valuation indexes to help investors measure and invest in collateralized loan obligatio...
Morningstar Indexes & Houlihan Lokey to Launch Daily Valued Index Suite for the Collateralized Loan Obligation (CLO) Market.
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment insights and market data, today announced a strategic collaboration with leading global investm...
Morningstar Sustainalytics Enhances Physical Climate Risk Capabilities with XDI and Veridion
CHICAGO--(BUSINESS WIRE)--Morningstar Sustainalytics, a leading provider of sustainable investing research, ratings, and data, today announced it is collaborating with XDI (Cross Dependency Initiative...
Morningstar, Inc. Declares Quarterly Dividend of 50 Cents Per Share
CHICAGO--(BUSINESS WIRE)--The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today declared a quarterly dividend of 50 cents per share, ...
Morningstar price target lowered to $210 from $265 at Rothschild & Co Redburn
Rothschild & Co Redburn lowered the firm’s price target on Morningstar (MORN) to $210 from $265 and keeps a Neutral rating on the shares. The firm says AI is driving…
Morningstar teams up with Wall Street firms to open private markets to retail investors
The wealth division of Morningstar has teamed up with Apollo Global Management , Franklin Templeton and J.P. Morgan Asset Management to launch a suite of portfolios that will give retail investors e...
Morningstar Wealth teams with Apollo, Franklin Templeton, JPM Asset Management
Morningstar (MORN) announced that its Morningstar Wealth division is working with Apollo (APO), Franklin Templeton (BEN) and J.P. Morgan Asset Management (JPM) to launch a suite of public/private mode...
Morningstar Wealth Teams with Apollo, Franklin Templeton and J.P. Morgan Asset Management to Develop Public/Private Model Portfolios
CHICAGO--(BUSINESS WIRE)--Morningstar (Nasdaq: MORN) today announced that its Morningstar Wealth division is working with Apollo, Franklin Templeton and J.P. Morgan Asset Management to launch a suite ...
Morningstar, Samaya AI announce partnership
PitchBook announced a premium partnership with Samaya AI, the Expert AI Agent Platform for financial services. PitchBook’s data is now natively integrated into Samaya AI through Q&A prompts and agent…
PitchBook and Samaya AI Announce Premium LLM Partnership, Powering Private Market Workflows with Industry-Leading Data and AI Auditability
SEATTLE--(BUSINESS WIRE)--PitchBook, the leading private capital market intelligence platform, today announced a premium partnership with Samaya AI, the Expert AI Agent Platform for financial services...
Morningstar Report Finds Semiliquid Fund Market Nears $600 Billion as Private Credit Loses Steam
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today released “The State of Semiliquid Funds 2026,” highlighting a rapidly evolving ...
PitchBook Wins Lattice's 2026 Performance Impact Award
SEATTLE--(BUSINESS WIRE)--PitchBook, the leading private capital market intelligence platform, has been named the winner of the Performance Impact Award at Lattice's 2026 People Success Awards, presen...
CME Group and Morningstar sign exclusive index derivatives licensing agreement
CME Group (CME) have entered into a multi-year licensing agreement for CME Group to launch derivatives products based on key Morningstar (MORN) equity index benchmarks, including the Morningstar US To...
PitchBook Announces New Premium Connector Integration with Harvey, Bringing Private Market Intelligence Into AI-Native Legal and Deal Workflows
SEATTLE--(BUSINESS WIRE)--PitchBook, the leading private capital market intelligence platform, today announced a premium partnership with Harvey, the leading AI platform for legal and professional ser...
Morningstar Credit Analytics launches AI access to CRE, CMBS analytics
Morningstar (MORN) Credit Analytics announced a new AI integration designed to enable licensed users to access Morningstar Credit Analytics’ commercial real estate and commercial mortgage-backed secur...
Morningstar Credit Analytics Launches AI Access to CRE Surveillance and CMBS Analytics
CHICAGO--(BUSINESS WIRE)--Morningstar Credit Analytics (MCA), a wholly-owned subsidiary of Morningstar, Inc. (Nasdaq: MORN), today announced a new AI integration designed to enable licensed users to a...
SpaceX IPO Warning: Why Morningstar Thinks It’s ‘Significantly Overvalued’
Investment research firm Morningstar ($MORN) is criticizing SpaceX’s expected IPO valuation by arguing that the aerospace company may be worth far less than the roughly $1.8 trillion target being disc...
Morningstar (MORN) Values SpaceX at $780 Billion, Less Than Half Its IPO Target
SpaceX is targeting a $2 trillion valuation as part of its upcoming market debut.
Morningstar Shares Perspective from Global Asset Owners
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment insights, today shares results from the qualitative phase of its Asset Owner Perspectives Surve...
Morningstar Credit Analytics launches Corporate Credit Analytics
Morningstar (MORN) Credit Analytics launched Corporate Credit Analytics, a new set of tools designed to bring greater transparency and consistency to private credit analysis. The company said, “Corpor...
Morningstar Credit Analytics Cuts Through Private Market Opacity with Standardized Corporate Credit Analytics
CHICAGO--(BUSINESS WIRE)--Morningstar Credit Analytics, a wholly owned subsidiary of Morningstar, Inc. (Nasdaq: MORN), today launched Corporate Credit Analytics, a new set of tools designed to bring g...
Morningstar, PitchBook announce intergration with Perplexity
Morningstar (MORN) and PitchBook announced a new integration with Perplexity that broadens access to Morningstar and PitchBook data, research, and intelligence through Perplexity’s AI platform. Throug...
Morningstar and PitchBook Expand Access to Trusted Investment Intelligence Through Perplexity
CHICAGO & SEATTLE--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, and PitchBook, a Morningstar company and a leading private capital market i...