Morningstar, Inc.
Morningstar is a global provider of investment data, research, ratings, software, indexes, and investment management services for investors and financial professionals. Its five reportable segments are Morningstar Direct Platform, PitchBook, Morningstar Credit, Morningstar Wealth, and Morningstar Retirement. The business also includes Morningstar Sustainalytics and Morningstar Indexes. Morningstar Direct Platform provides investment data, analysis, and tools to asset managers, wealth managers, advisors, and other clients through software, data feeds, and APIs. PitchBook offers private and public market data, research, and workflow tools to investors and financial professionals. Morningstar Credit provides credit ratings, research, data, and analytics. Morningstar Wealth offers managed portfolios, wealth platforms, and research and tools for individual investors; Morningstar Retirement provides managed retirement accounts, fiduciary services, and custom models. Sustainalytics sells environmental, social, and governance data and research, while Morningstar Indexes licenses indexes and provides index services. Morningstar earns money through subscriptions and licenses, ratings and data fees, and asset-based investment management pricing. It is headquartered in Chicago, Illinois.
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Mansueto Joseph D (Executive Chairman) sold 21,404 shares of Morningstar, Inc. (MORN) at an average of $238.10 ($227.57–$244.51, $5.10M total) across 21 trades over 2026-11-02 to 2026-11-04 under a Rule 10b5-1 trading plan.
PROG (PRG), Morningstar (MORN), and Paymentus (PAY) shares rose 7.7%, 5.7%, and 6.5% respectively, following a 7% drop in crude oil prices and easing inflation pressures. PROG reported Q3 revenue of $725.8M, up 25.6%, and adjusted EBITDA of $80.0M, up 21.8%, but lowered its 2026 outlook. The company plans a $100M share repurchase.
CME Group reported fluctuating quarterly revenue between $1.5B and $1.9B from Q3 2024 to Q2 2026, while Morningstar showed steady growth from $569.4M to $663.2M in the same period. CME introduced new single-stock futures and plans a securities clearing operation. Morningstar integrated with Microsoft's Azure OpenAI and relocated London offices. Revenue trends may indicate seasonality and business health.
Over the past 7 days, AlphAI's AI scored 1 news story mentioning MORN (Morningstar, Inc.). Coverage has skewed bullish: 1 bullish, 0 neutral, and 0 bearish.
Recent MORN coverage spans financial news, market movers and earnings.
In the last 30 days, MORN insiders filed 21 SEC Form 4 transactions — no purchases and 21 sales ($5.1M). The most active reporter was Mansueto Joseph D, Executive Chairman, with 21 filings. 100% of those filings were made under pre-arranged Rule 10b5-1 plans.
The insider sale may create modest selling pressure.
The rally is primarily macro-driven (lower yields), with MORN’s business model described as benefiting from valuation support.
Morningstar could see modest upside as steady revenue growth reinforces its business outlook.
Long-duration office commitments and a planned HQ move are incremental balance-sheet and cost-structure signals, but not a direct earnings or guidance catalyst.
Earnings beat on revenue and profit growth.
AlphAI scores every news story that mentions MORN with an AI model for sentiment and relevance, and aggregates insider trades from Morningstar, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Mansueto Joseph D (Executive Chairman) sold 21,404 shares of Morningstar, Inc. (MORN) at an average of $238.10 ($227.57–$244.51, $5.10M total) across 21 trades over 2026-11-02 to 2026-11-04 under a Rule 10b5-1 trading plan.
PROG (PRG), Morningstar (MORN), and Paymentus (PAY) shares rose 7.7%, 5.7%, and 6.5% respectively, following a 7% drop in crude oil prices and easing inflation pressures. PROG reported Q3 revenue of $725.8M, up 25.6%, and adjusted EBITDA of $80.0M, up 21.8%, but lowered its 2026 outlook. The company plans a $100M share repurchase.
CME Group reported fluctuating quarterly revenue between $1.5B and $1.9B from Q3 2024 to Q2 2026, while Morningstar showed steady growth from $569.4M to $663.2M in the same period. CME introduced new single-stock futures and plans a securities clearing operation. Morningstar integrated with Microsoft's Azure OpenAI and relocated London offices. Revenue trends may indicate seasonality and business health.
Morningstar signed three office leases totaling 350K SF in Chicago, London, and Frankfurt, with $178M in future obligations. The leases span nearly 40 years, including a 275K SF Chicago HQ with a 17-year term starting in 2027. These commitments exceed the average 7-year U.S. lease term.
Morningstar reported 3Q 2026 revenue of $672.1M, up 8.9% YoY, with net income rising 26.1% to $115.5M and EPS increasing to $3.06. Growth was led by Credit and Direct Platform, while PitchBook saw slower growth. AI and cloud migration added costs.
Morningstar, Inc. (MORN) filed an SEC Form 8-K — Results of Operations and Financial Condition. News Release 22 West Washington Street Telephone: +1 312 696-6000 Chicago Facsimile: +1 312 696-6009 Illinois 60602 FOR IMMEDIATE RELEASE Morningstar, Inc. Reports Third-Quarter 2026 Financial Results CHICAGO, Oct. 28, 2026 - Morningstar, Inc. (Nasdaq: MORN) reported growth in re
Morningstar awarded its first Gold Medalist Ratings to two semiliquid funds: Pimco California Flexible Municipal Income (CAFLX) and Pimco Flexible Municipal Income (PMFLX). The ratings reflect strong leadership and strategy, despite risks like high leverage and limited liquidity. Other funds received Above Average or Average ratings for their People and Process Pillars.
Morningstar DBRS reports European banks are pursuing minority stakes, joint ventures, and partnerships for cross-border growth due to regulatory and political barriers. Examples include Crédit Agricole's investments in Banco BPM and Banco de Crédito Social Cooperativo, and UniCredit's stake in Alpha Bank. The EU's stalled banking union project is a key factor.
SpaceX (SPCX) stock rose 10% premarket after Morningstar increased its fair value estimate to $70 from $62, citing Starship reusability and orbital AI potential. Analyst Nicolas Owens highlighted SpaceX's strong market position, high launch volume, and cost advantages. CEO Elon Musk projected $1T revenue by 2028, up from prior estimates. Retail sentiment turned 'extremely bullish'. SPCX is down 8% YTD.
DraftKings (DKNG) shares are down 40% YTD, but Morningstar analyst Dan Wasiolek argues the stock is undervalued, with a $39 fair value estimate. Despite regulatory uncertainty, Morningstar rates it five stars, forecasting 8.1% sales and 24.9% EBITDA growth from 2026-2035. The NBA's crackdown on player proposition markets is not expected to hinder sports betting demand.
