Morningstar, Inc. (MORN)
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Morningstar, Inc. research
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Model estimates are informational, not investment advice. They are uncertain, may be wrong, and do not guarantee future prices.
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Model estimates are informational, not investment advice. They are uncertain, may be wrong, and do not guarantee future prices.
Latest observed price
$201.47
Session change unavailableStatus checked Oct 25, 2026, 12:46 AM · America/New_York
Observed Sep 21, 2026, 8:00 PM UTC · Last available price
The latest observed price above is market data. Forecast starting prices are issuance-frozen values and are labelled separately in Model Forecast below.
Review the dated model forecast and five-factor Scorecard for MORN. Each has its own availability and reference date; a score is a relative comparison, not a price prediction.
Lower Estimate (P10)
$107.06
-46.9%
Median Estimate (P50)
$232.92
+15.6% from starting price
Upper Estimate (P90)
$372.19
+84.7%
The estimate uses its dated starting price. It does not predict returns from today’s quote.
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Morningstar, Inc. operates as a leading global provider of independent investment research and insights, catering to clients across North America, Europe, Australia, and Asia. The firm delivers a comprehensive range of services, including sophisticated web-based analytical tools, extensive investment data, and specialized research focusing on fundamental equity, manager selection, and private capital markets. Additionally, Morningstar offers credit and fund ratings, ESG (environmental, social, and governance) ratings, and index solutions. Its product suite also encompasses various investment offerings, such as managed portfolios, data on both publicly traded and private companies, fixed income securities, and real-time global market information. These services are designed to serve a diverse client base, including financial advisors, asset management companies, retirement plan administrators and sponsors, alongside individual and institutional investors. Among its key offerings are: Morningstar Data: A vast repository of investment intelligence, encompassing equity fundamentals, managed investments, ESG factors, and market data. Morningstar Direct: An advanced platform built for in-depth investment analysis. Morningstar Managed Portfolios: A model portfolio service tailored for independent financial advisors, also providing asset allocation strategies for asset managers, broker/dealers, and insurance providers. Morningstar Advisor Workstation: A web-based platform enabling research, financial planning, and the generation of proposals. Morningstar.com: The company's dedicated online portal for individual investors. Furthermore, Morningstar provides Morningstar Enterprise Components and Morningstar Credit Ratings, which offer issuance and surveillance capabilities for structured finance products, corporate credit evaluations, and operational risk assessments. It also creates Morningstar Indexes for developing specialized investment products and offers workplace solutions, including retirement accounts, fiduciary services, allocation funds, and custom models. Through its PitchBook Platform, the company provides a robust research and analysis workstation for investment and research professionals, supplemented by a mobile application, an Excel plug-in, data feeds, and various data solutions. Morningstar, Inc. was founded in 1984 and has its corporate headquarters situated in Chicago, Illinois.
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Risk / safety methodology: Safety describes recent price swings and distance from a recent high alongside cash flow and profitability. It is not a credit rating or a promise of protection from loss.
Multi-factor scoring at a glance
Individual factor readings · Shading shows available dimensions only. Overall requires all five scores and a comparable peer group.
A combined view of Value, Quality, Growth, Safety and Momentum. Review the factor breakdown alongside the total.
Scores and key insights for each dimension
How its fundamental growth measures compare.
How its valuation measures compare with the group.
How its profitability and operating quality compare.
How its price swings, distance from a recent high, cash flow and profitability compare.
How its recent price-trend measures compare.
All scores in this Scorecard describe relative characteristics as of the shown date, using historical market data and reported company information; higher scores on the 0–100 scale indicate more favorable characteristics in the relevant comparison group, and none forecasts future performance.
Higher scores indicate higher relative readings.
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Scores are relative comparisons, not absolute grades: companies with different coverage may be scored on different inputs. Peer positions and input coverage can differ by factor; use the displayed comparison group and date when comparing readings. An 80 is not an 80% chance of a price rise. These scores are not price forecasts or recommendations.
The rank with complete inputs compares only companies with every input for that factor, using the issued scores. Equal partial coverage percentages do not establish matching inputs. Current stockwide snapshots use matching input groups; older snapshots may use a smaller fixed group. Scores do not separately adjust for industry or company size. Growth readings do not establish multi-year persistence or separate share-count effects from EPS growth. Scores are independent of the selected forecast horizon.
Latest update · 2026-09-21
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Start with profit, cash generation and financial flexibility. Scores describe relative characteristics and do not predict returns.
Market observations, financial reporting periods and report dates can differ. Each measure shows its own period.
Compare company metrics only when their currency, observation date and reporting periods agree. Similar companies are starting points for research, not substitutes for each other.
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Economic observations provide background. Observation periods and release dates can differ; these readings do not establish a company-specific effect.
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Reported ownership and transaction amounts are disclosure observations, not investment instructions. Filing dates can lag the transaction date.
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New filing entries since the previous update. An entry does not establish a change in the document's contents.
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FDS
Latest observed price
$284.10
Observed
Sep 21, 2026
12-month forecast
Median (P50)
$338.03
+19.0%
From $284.10 starting price
Target Sep 21, 2027
Overall Score
StrongForecast basis Sep 21, 2026
Score date Sep 22, 2026
SPGI
Latest observed price
$404.47
Observed
Sep 21, 2026
12-month forecast
Median (P50)
$437.69
+8.2%
From $404.47 starting price
Target Sep 21, 2027
Overall Score
StrongForecast basis Sep 21, 2026
Score date Sep 22, 2026
CME
Latest observed price
$275.53
Observed
Sep 21, 2026
12-month forecast
Median (P50)
$287.05
+4.2%
From $275.53 starting price
Target Sep 21, 2027
Overall Score
StrongForecast basis Sep 21, 2026
Score date Sep 22, 2026
ICE
Latest observed price
$155.37
Observed
Sep 21, 2026
12-month forecast
Median (P50)
$162.95
+4.9%
From $155.37 starting price
Target Sep 21, 2027
Overall Score
StrongForecast basis Sep 21, 2026
Score date Sep 22, 2026
12-month forecasts show model median estimates (P50), with changes from each forecast’s starting price. Headline scores describe dated company characteristics; they do not predict future performance.