Morningstar, Inc. (MORN) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Morningstar, Inc. (MORN) stock forecast summary
Our AI ranks Morningstar, Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Morningstar, Inc. is a mid-cap company with a market capitalization of $7.78B. It ranks number 15 by market capitalization among the 44 Investment Advice issuers in our coverage with a current forecast.
For MORN, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 71.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 39.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How MORN ranks among 5184 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Morningstar, Inc. (MORN) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Investment Advice peers listed below that report each metric.
Valuation & Market
| Metric | MORN | Rank |
|---|---|---|
| Market Cap | $7.78B | 15/44 |
| P/E Ratio | 19.71x | 17/33 |
| P/B Ratio | 7.60x | 10/37 |
| Dividend Yield | 0.99% | 26/30 |
| EPS | $10.52 | – |
| Book Value/Share | $27.29 | – |
| Revenue/Share | $68.42 | – |
| FCF/Share | $13.26 | – |
Profitability & Margins
| Metric | MORN | Rank |
|---|---|---|
| ROE | 41.2% | 7/33 |
| ROA | 10.7% | 13/33 |
| ROIC | 20.4% | 2/6 |
| Gross Margin | 62.2% | – |
| Operating Margin | 23.5% | 11/22 |
| Net Margin | 16.4% | 11/34 |
| EBT Margin | 21.9% | 20/36 |
| Tax Rate | 25.0% | – |
Financial Health
| Metric | MORN | Rank |
|---|---|---|
| Current Ratio | 1.06x | 5/7 |
| D/E Ratio | 2.85x | 15/39 |
| Financial Leverage | 3.85x | 14/34 |
| Interest Coverage | 9.3x | 9/23 |
| Working Capital | $55M | 3/7 |
Cash Flow
| Metric | MORN | Rank |
|---|---|---|
| Operating Cash Flow | $647M | 12/41 |
| Free Cash Flow | $498M | 9/26 |
| Capital Spending | -$149M | 25/26 |
| OCF Growth YoY | 20.9% | 11/29 |
| FCF Growth YoY | 27.6% | 9/23 |
| FCF/Sales | 19.4% | 15/25 |
| CapEx/Sales | 5.8% | 2/25 |
Operational Efficiency
| Metric | MORN | Rank |
|---|---|---|
| Asset Turnover | 0.65x | 9/29 |
| Receivables Turnover | 6.7x | 14/19 |
| Fixed Assets Turnover | 10.7x | 23/26 |
| Days Sales Outstanding | 54 days | 6/19 |
Income Statement
| Metric | MORN | Rank |
|---|---|---|
| Total Revenue | $2.57B | 12/34 |
| Operating Income | $604M | 3/25 |
| Net Income | $422M | 9/37 |
| SG&A Expense | $962M | 2/10 |
| Cost of Goods Sold | $969M | – |
Dividend & Shareholder Information
| Metric | MORN | Rank |
|---|---|---|
| Dividends Per Share | $2.05 | – |
| Payout Ratio | 19.5% | 20/23 |
| Shares Outstanding | 38M | – |
| Net Income Growth | 4.3% | 16/28 |
| EPS Growth | 11.9% | 12/23 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $1.03B | 26.2% of assets |
| Cash & Short-term Investments | $490M | 12.4% of assets |
| Accounts Receivable | $383M | 9.7% of assets |
| Total Liabilities | $2.92B | 74.1% of assets |
MORN quarterly financials and insider trading
Morningstar, Inc. (MORN) industry peers
Companies classified under the same SEC industry code as Morningstar, Inc. (Investment Advice): 45 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| MORN Morningstar, Inc. | ▼ | $7.78B |
| BX Blackstone Inc. | ▲ | $129.99B |
| KKR Kkr & Co. Inc. | ▲ | $78.66B |
| APO Apollo Global Management, Inc. | ▶ | $65.42B |
| AMP Ameriprise Financial Inc | ▲ | $44.24B |
| ARES Ares Management Corp | ▶ | $37.95B |
| PS Pershing Square Inc. | ▶ | $17.79B |
| TPG Tpg Inc. | ▶ | $16.35B |
| BEN Franklin Templeton Inc | ▼ | $15.74B |
| OWL Blue Owl Capital Inc. | ▶ | $13.80B |
| CG Carlyle Group Inc. | ▶ | $12.96B |
| IVZ Invesco Ltd. | ▶ | $12.45B |
| AMG Affiliated Managers Group, Inc. | ▼ | $9.92B |
| EVR Evercore Inc. | ▲ | $9.77B |
| HLI Houlihan Lokey, Inc. | ▼ | $9.05B |
| VCTR Victory Capital Holdings, Inc. | ▼ | $6.68B |
| MAAS Maase Inc. | ▶ | $5.31B |
| STEP Stepstone Group Inc. | ▶ | $5.02B |
| HLNE Hamilton Lane Inc | ▲ | $4.51B |
| MC Moelis & Co | ▶ | $4.27B |
| FHI Federated Hermes, Inc. | ▶ | $4.18B |
| LAZ Lazard, Inc. | ▶ | $4.07B |
| CNS Cohen & Steers, Inc. | ▲ | $3.58B |
| PJT Pjt Partners Inc. | ▲ | $3.51B |
| AAMI Acadian Asset Management Inc. | ▶ | $3.27B |
| AB Alliancebernstein Holding L.P. | ▼ | $3.24B |
| DBRG Digitalbridge Group, Inc. | ▼ | $3.00B |
| APAM Artisan Partners Asset Management Inc. | ▲ | $2.62B |
| GCMG Gcm Grosvenor Inc. | ▲ | $2.55B |
| LCLN Lincoln International, Inc. | ▶ | $2.46B |
| PAX Patria Investments Ltd | ▶ | $1.86B |
| RPC Ridgepost Capital, Inc. | ▶ | $907M |
| VRTS Virtus Investment Partners, Inc. | ▲ | $814M |
| ABX Abacus Global Management, Inc. | ▲ | $763M |
| NOAH Noah Holdings Ltd | ▼ | $503M |
| ALTI Alti Global, Inc. | ▲ | $402M |
| HKHC Horizon Kinetics Holding Corp | ▶ | $382M |
| RILY Brc Group Holdings, Inc. | ▶ | $185M |
| WHG Westwood Holdings Group Inc | ▶ | $166M |
| SAMG Silvercrest Asset Management Group Inc. | ▶ | $126M |
| HNNA Hennessy Advisors Inc | ▲ | $81M |
| MLCI Mount Logan Capital Inc. | ▼ | $37M |
| IWSH Wright Investors Service Holdings, Inc. | ▼ | $2M |
| ILLR Triller Group Inc. | ▼ | $1M |
| ENDI Endi Corp. | ▼ | N/A |
Where MORN sits on the market map
Morningstar, Inc. (MORN) stock news
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Morningstar, Inc. (MORN) stock forecast FAQ
What is the Morningstar, Inc. (MORN) stock forecast?
Our AI ranks Morningstar, Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Morningstar, Inc. stock predictions?
For MORN, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 71.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 39.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Morningstar, Inc. forecasts updated?
Morningstar, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Morningstar, Inc.'s industry peers?
45 issuers in our coverage, MORN included, share the SEC industry code Investment Advice. The largest are: Blackstone Inc. (BX), Kkr & Co. Inc. (KKR), Apollo Global Management, Inc. (APO), Ameriprise Financial Inc (AMP), Ares Management Corp (ARES), Pershing Square Inc. (PS).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.