Summary:
- Morgan Stanley (MS, Financial) exceeded Q2 expectations with an EPS of $2.13, topping estimates.
- Revenue surged to $16.79 billion, marking an 11.8% increase year-over-year.
- Analysts forecast a moderate stock price increase, with a consensus rating suggesting an "Outperform" status.
Morgan Stanley's Impressive Second Quarter Performance
Morgan Stanley (MS) has once again proven its market resilience by surpassing financial expectations for the second quarter. The company reported a GAAP EPS of $2.13, surpassing analyst estimates by $0.17. Additionally, revenue reached an impressive $16.79 billion, marking an 11.8% increase from the same quarter last year. This robust performance is largely attributed to net revenues of $1.6 billion in Investment Management, driven by strong asset management fees.
Wall Street Analysts' Forecast and Insights
Market analysts have offered one-year price targets for Morgan Stanley (MS, Financial) that hint at a stable future. The average target price stands at $141.75, ranging from a high of $160.00 to a low of $110.00. This suggests a potential upside of 0.11% from the current share price of $141.59. For investors seeking further details, more comprehensive estimate data is available on the Morgan Stanley (MS) Forecast page.
With an average brokerage recommendation rating of 2.5 from 23 brokerage firms, Morgan Stanley is currently rated as "Outperform." This rating falls within a scale where 1 signifies Strong Buy and 5 represents Sell, indicating a positive outlook from the analyst community.
Evaluating Morgan Stanley's Future Valuation
According to GuruFocus estimates, Morgan Stanley's estimated GF Value in the coming year is projected at $125.38. This suggests a potential downside of 11.45% from its current trading price of $141.59. The GF Value is a proprietary estimate reflecting what the stock should trade at, based on its historical trading multiples and anticipated future business performance. For a deeper dive into the numbers, visit the Morgan Stanley (MS, Financial) Summary page.
