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Morningstar

MORN

Market cap $7.57B

201.79 USD

+10.77

5.64%

At close Updated Sep 14, 3:59 PM EDT

1 day

5.64%

5 days

-2.89%

1 month

-2.71%

3 months

16.55%

6 months

10.47%

Year to date

-4.1%

1 year

-18.17%

5 years

-26.37%

10 years

151.23%

About: Morningstar Inc is a provider of independent investment insights to financial advisers, asset managers, and investors. It provides data and research insights on various investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time market data. The company has five reportable segments: Morningstar Direct Platform, PitchBook, Morningstar Credit, Morningstar Wealth, and Morningstar Retirement. Maximum revenue is derived from the Morningstar Direct Platform, which provides investors with comprehensive data, research, insights, and investment analysis through product areas such as Morningstar Data, Morningstar Direct, and Morningstar Advisor Workstation. Geographically, it generates maximum revenue from the USA.

Employees: 10,973

Financials Financial Data & Stock Exchanges

News

Positive

Neutral

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Sentiment 3-Months

Positive 30.4%

Neutral 69.6%

Negative 0%

The Motley Fool

Prediction: Morningstar (MORN) Stock Will Be Worth More Than $13 Billion by 2031 -- 73% Higher Than Its Recent Value. Here's the Math.

Morningstar offers a growing dividend yield and a bigger total shareholder yield. Its shares seem undervalued and likely to grow a lot over the coming five years.

Prediction: Morningstar (MORN) Stock Will Be Worth More Than $13 Billion by 2031 -- 73% Higher Than Its Recent Value. Here's the Math.

PitchBook's Private Market Intelligence Now Accessible Within ChatGPT for Financial Services

SEATTLE--(BUSINESS WIRE)--PitchBook, the leading private capital market intelligence platform and a business unit of Morningstar (NASDAQ: MORN), today announced it is now a data partner for ChatGPT for Financial Services. ChatGPT for Financial Services is a tailored ChatGPT experience that combines built-in financial data with GPT-6 Astra's reasoning to help teams develop research, financial models, and client materials in their firm's formats. Through PitchBook's expanded Essential dataset, te.

PitchBook's Private Market Intelligence Now Accessible Within ChatGPT for Financial Services

Baron Partners Fund Q2 2026 Contributors And Detractors

Baron Partners Fund performed very well in the second quarter, gaining 16.61% (Institutional Shares). Top contributors include Space Exploration Technologies, Tesla, Red Rock Resorts, Hyatt Hotels and Birkenstock Holding. Top detractors include CoStar Group, Gartner, Guidewire Software, Morningstar and IDEXX Laboratories.

Baron Partners Fund Q2 2026 Contributors And Detractors

Baron Focused Growth Fund Q2 2026 Portfolio Update

Baron Focused Growth Fund rebounded in Q2 from a disappointing start to the year, with the Fund gaining 13.26% compared with a gain of 24.02% for the Russell 2500 Growth Index. We remain steadfast in our commitment to long-term investing in competitively advantaged, growth businesses. As of June 30, 2026, the Fund owned 28 investments.

Baron Focused Growth Fund Q2 2026 Portfolio Update

Baron Generational Growth Fund Q2 2026 Portfolio Activity

As of June 30, 2026, Baron Generational Growth Fund owned 15 investments. The top 10 holdings represented 104.8% of the Fund's net assets (88.1% of gross assets), which have been held for a minimum of three years. Red Rock Resorts, Inc.'s shares increased in Q2 as construction-related disruption dissipated and investors grew more optimistic about the benefits of the company's recent resort investments. Global hotel franchisor Choice Hotels International, Inc. contributed to performance as revenue per available room accelerated throughout the quarter and management highlighted an increase in new hotel contract signings.

Baron Generational Growth Fund Q2 2026 Portfolio Activity

Morningstar's AI Academy Earns Multiple Brandon Hall Group™ HCM Excellence Awards®

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investing insights, today announced that its AI Academy has received three Brandon Hall Group™ HCM Excellence Awards®: a Gold Award for Best Custom Content and Silver Awards for Best Learning Strategy and Best Use of AI for Learning. The Brandon Hall Group™ HCM Excellence Awards® recognize organizations that successfully develop and deploy programs, strategies, technologies, and solutions that deliver.

Morningstar's AI Academy Earns Multiple Brandon Hall Group™ HCM Excellence Awards®

Morningstar: 15% Recovery With Room To Climb Higher

Morningstar remains attractively valued, trading at a 33% discount to a $289 fair value estimate, with a “Buy” rating reaffirmed. MORN's Q2 2026 results showed 9.6% revenue growth, 29.2% EPS growth, and a 280-basis-point margin expansion, driven by strong segment performance and accretive acquisitions. Consensus forecasts 16.7% annual EPS growth through 2028, supporting expectations for double-digit dividend increases and robust long-term total returns.

Morningstar: 15% Recovery With Room To Climb Higher

Morningstar: Undervalued With A Differentiated Business Model

Morningstar (MORN) is a global financial services firm with a 15-year dividend growth streak, strong cash flow, and a conservative payout ratio. MORN delivered solid Q2 2026 results, beating revenue and EPS estimates, with 9.6% revenue growth and 29.2% non-GAAP EPS growth year-over-year. The stock trades at ~15.6x 2026E EPS, well below its historical 35–40x range, and is currently viewed as undervalued with a fair value estimate of $246.40.

Morningstar: Undervalued With A Differentiated Business Model

Morningstar, Inc. Reports Second-Quarter 2026 Financial Results

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, reported growth in revenue, operating and adjusted operating income, and margins in the second quarter. “We are continuing to deliver profitable growth with meaningful increases in operating and free cash flows," said Kunal Kapoor, Morningstar's CEO. "Morningstar is accelerating an ambitious strategy, unlocking speed to insights by building agentic workflows and tools atop our data.

Morningstar, Inc. Reports Second-Quarter 2026 Financial Results

Morningstar Completes Rebrand of CRSP Market Indexes to Morningstar Market Indexes

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment insights, today announced the completion of the rebrand of the CRSP Market Indexes to the Morningstar Market Indexes, marking an important milestone in the company's strategy to expand its global indexes business to help better serve global investors. "We are excited to bring the highly respected CRSP Market Indexes, now with the added power of the Morningstar brand, to investors worldwide,".

Morningstar Completes Rebrand of CRSP Market Indexes to Morningstar Market Indexes

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