MSCI Inc. (MSCI, Financial) has reported a first-quarter revenue of $745.8 million, slightly above the market forecast of $744.47 million. The company showcased strong financial performance, emphasizing durable retention and notable growth in asset-based fee revenue.
The growth in recurring net new sales was driven by solid performances across its key product lines, including Index, Analytics, and Private Assets. Additionally, MSCI experienced significant run-rate growth among various client segments, such as asset owners, hedge funds, banks, broker-dealers, and wealth managers.
Looking forward, MSCI is confident in its ability to navigate market challenges. The company underscores its strong client relationships and unique capabilities, along with a resilient business model, which it believes will provide stability during periods of global uncertainty. MSCI continues to offer essential data, models, and technology across all market environments, reinforcing its capacity to produce consistent financial results.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for MSCI Inc (MSCI, Financial) is $639.23 with a high estimate of $700.00 and a low estimate of $530.00. The average target implies an upside of 19.82% from the current price of $533.48. More detailed estimate data can be found on the MSCI Inc (MSCI) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, MSCI Inc's (MSCI, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for MSCI Inc (MSCI, Financial) in one year is $702.69, suggesting a upside of 31.72% from the current price of $533.48. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the MSCI Inc (MSCI) Summary page.
