Morgan Stanley (MS) Stock Analysis

Over the past 10 years, Morgan Stanley (MS) earnings per share (EPS) grew 13.2% a year, revenue grew 12.3% a year and free cash flow grew 35.0% a year, with an average return on invested capital (ROIC) of 2.2%. MS stock trades at $180.54, a P/E of 14.2, below its historical average of 15.1. Analysts' average 12-month price target is $212.00 (+17.4%).

MS Morgan Stanley

Morgan Stanley operates as a prominent financial holding company, delivering a comprehensive suite of financial solutions and services.

Market Cap$284.76B Current P/E14.2 52wk High$232.25 52wk Low$152.80

Current Price $180.54
Margin of Safety Price

Exhibit A Growth Dossier

🔒
Metric10yr5yr1yrGrade
Book Value/Share GrowthBV/S 6.2%2.3%-100.0% F
EPS GrowthEPS 13.2%9.6%28.7% A-
Revenue GrowthRevenue 12.3%18.3%15.7% A
Cash Flow GrowthCash Flow Improving, but still negative 35.0%54.6%25.1% C
ROICROIC 2.2%2.3%1.7% C-

Exhibit B Valuation Ledger

🔒
Current EPS
$12.68
Historical Avg P/E
15.1
Future P/E (used for sticker price)
Projected EPS (10yr)
Sticker Price (10yr)
Price for 15% Annual Return
Expected Annual Return
🔒 The verdict is locked. Overall growth grade, valuation grade, Composite Score, margin-of-safety price, sticker price, and price target.
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Not investment advice — a structured read of historical fundamentals, not a forecast or recommendation. Always do your own research.


Exhibit C Raw Data (last 10 years)

MetricTrend20152016201720182019202020212022202320242025TTM
Book Value / ShareBV/S$38.50$40.30$42.50$46.17$49.73$62.67$58.13$58.46$60.17$64.87$70.08$0.00
Basic EPSEPS$2.98$2.98$3.08$4.82$5.26$6.55$8.16$6.23$5.24$8.04$10.34$12.68
RevenueRevenue$36,005,000,000$36,029,000,000$41,549,000,000$47,800,000,000$51,449,000,000$49,677,000,000$57,780,000,000$62,478,000,000$88,286,000,000$103,145,000,000$114,983,000,000$129,757,000,000
Free Cash FlowCash Flow$2,301,000,000$1,171,000,000$-6,134,000,000$5,440,000,000$38,947,000,000$-26,675,000,000$31,663,000,000$-9,475,000,000$-36,948,000,000$-2,100,000,000$46,100,000,000$-15,684,000,000
ROIC (%)ROIC1.8%1.7%1.6%2.3%2.3%2.4%3.1%2.3%1.8%2.5%1.7%—

The exact underlying data used to compute the growth rates and grades above. The highlighted TTM column is the trailing twelve months through the most recently reported quarter.


Ticker INVESTigator Price Target


Analyst Data

Price Target

Where the stock trades today vs. the range of 12-month price targets from covering analysts.

Current Price$180.54
High$236.00+30.7%
Average$212.00+17.4%
Low$195.00+8.0%

53 firms rate it — 29 buy, 23 hold, 1 sell · Most recent Oct 2026

lowered
Wells Fargo10/15/2026
$217.00
lowered
RBC Capital10/15/2026
$195.00
lowered
Goldman Sachs10/14/2026
$207.00→$200.00
lowered
UBS10/5/2026
$260.00→$236.00
lowered
Wells Fargo9/25/2026
$240.00→$223.00

MS Stock FAQ

Is MS stock undervalued?

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What is MS's stock price target?

The average 12-month analyst price target for MS is $212.00, with a range of $195.00 to $236.00. That is +17.4% from the current price of $180.54.

Do analysts rate MS a buy?

Most rate it a buy. Of 53 firms covering Morgan Stanley, the ratings are 29 buy or strong buy, 23 hold and 1 sell or strong sell.

How fast is Morgan Stanley growing?

Annual growth rates for MS. EPS: 13.2% over 10 years, 9.6% over 5 years, 28.7% over 1 year. Revenue: 12.3% over 10 years, 18.3% over 5 years, 15.7% over 1 year. Free cash flow: 35.0% over 10 years, 54.6% over 5 years, 25.1% over 1 year. Book value per share: 6.2% over 10 years, 2.3% over 5 years, -100.0% over 1 year.

What is MS's ROIC?

Morgan Stanley's return on invested capital (ROIC) was 1.7% in fiscal 2025. Its 10-year average ROIC is 2.2%. ROIC above 10% is generally a sign of a business with a durable competitive advantage.

What is MS's P/E ratio?

MS's current P/E ratio is 14.2, compared with a historical average of 15.1. Trailing earnings per share are $12.68.

What is Morgan Stanley's market cap and stock price?

MS last traded at $180.54 as of October 19, 2026. Its 52-week range is $152.80 to $232.25. Morgan Stanley has a market cap of $284.76B.


Exhibit D Related Coverage


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Data as of October 19, 2026. Findings are derived from historical fundamentals — not a forecast, not advice. Cross-examine before you invest.

Grades are produced by Ticker INVESTigator's own model from public financial data and are for informational and educational purposes only. They are not investment advice or a recommendation to buy or sell any security. Do your own research.