Morgan Stanley Analysts Cut Their Forecasts After Q3 Results

Benzinga Earnings10-15 23:20

Morgan Stanley (NYSE:MS) on Wednesday reported better-than-expected third-quarter 2026 results.

The bank reported quarterly earnings of $3.03 per share, beating the analyst consensus estimate of $2.92. Revenue rose to $20.34 billion, topping Wall Street’s estimate of $19.95 billion.

Institutional Securities generated $10 billion in net revenue, supported by strong equity trading and higher completed mergers and acquisitions.

Equity revenue climbed 41% to $5.8 billion, driven by increased client activity across regions, particularly in Asia.

Morgan Stanley shares fell 1.1% to trade at $179.63 on Thursday.

These analysts made changes to their price targets on Morgan Stanley following earnings announcement.

Keefe, Bruyette & Woods analyst Christopher McGratty reiterated the stock with an Outperform rating and lowered the price target from $250 to $230.
Evercore ISI Group analyst Glenn Schorr maintained the stock with an Outperform rating and cut the price target from $215 to $205.
Wells Fargo analyst Mike Mayo maintained the stock with an Equal-Weight rating and lowered the price target from $223 to $217.
TD Cowen analyst R. Scott Siefers maintained the stock with a Hold and lowered the price target from $210 to $205.
RBC Capital analyst Gerard Cassidy maintained the stock with a Sector Perform and lowered the price target from $243 to $195.

Considering buying MS stock? Here’s what analysts think:

Photo via Shutterstock

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Revenue rose to $20.34 billion, topping Wall Street’s estimate of $19.95 billion.</p>\n<p>Institutional Securities generated $10 billion in net revenue, supported by strong equity trading and higher completed mergers and acquisitions.</p>\n<p>Equity revenue climbed 41% to $5.8 billion, driven by increased client activity across regions, particularly in Asia.</p>\n<p>Morgan Stanley shares fell 1.1% to trade at $179.63 on Thursday.</p>\n<p>These analysts made changes to their price targets on Morgan Stanley following earnings announcement.</p>\n<ul>\n<li>Keefe, Bruyette &amp; Woods analyst Christopher McGratty reiterated the stock with an Outperform rating and lowered the price target from $250 to $230.</li>\n<li>Evercore ISI Group analyst Glenn Schorr maintained the stock with an Outperform rating and cut the price target from $215 to $205.</li>\n<li>Wells Fargo analyst Mike Mayo maintained the stock with an Equal-Weight rating and lowered the price target from $223 to $217.</li>\n<li>TD Cowen analyst R. 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Revenue rose to $20.34 billion, topping Wall Street’s estimate of $19.95 billion.</p>\n<p>Institutional Securities generated $10 billion in net revenue, supported by strong equity trading and higher completed mergers and acquisitions.</p>\n<p>Equity revenue climbed 41% to $5.8 billion, driven by increased client activity across regions, particularly in Asia.</p>\n<p>Morgan Stanley shares fell 1.1% to trade at $179.63 on Thursday.</p>\n<p>These analysts made changes to their price targets on Morgan Stanley following earnings announcement.</p>\n<ul>\n<li>Keefe, Bruyette &amp; Woods analyst Christopher McGratty reiterated the stock with an Outperform rating and lowered the price target from $250 to $230.</li>\n<li>Evercore ISI Group analyst Glenn Schorr maintained the stock with an Outperform rating and cut the price target from $215 to $205.</li>\n<li>Wells Fargo analyst Mike Mayo maintained the stock with an Equal-Weight rating and lowered the price target from $223 to $217.</li>\n<li>TD Cowen analyst R. Scott Siefers maintained the stock with a Hold and lowered the price target from $210 to $205.</li>\n<li>RBC Capital analyst Gerard Cassidy maintained the stock with a Sector Perform and lowered the price target from $243 to $195.</li>\n</ul>\n<p><strong>Considering buying MS stock? Here’s what analysts think:</strong></p>\n<figure><img decoding=\"async\" height=\"311\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/10/15111840/image-354-1024x311.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/10/15111840/image-354-1024x311.png 1024w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/10/15111840/image-354-300x91.png 300w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/10/15111840/image-354-768x233.png 768w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/10/15111840/image-354.png 1156w\" width=\"1024\"/></figure>\n<p><em>Photo via Shutterstock</em></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2089283258.USD","symbol_name":"安联环球可持续基金Cl AM Dis","start_time":0,"source_url":"https://www.benzinga.com/analyst-stock-ratings/price-target/26/10/62388622/morgan-stanley-analysts-cut-their-forecasts-after-q3-results","article_id":"2675536333","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2675536333","pubTimestamp":1792077638,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga Earnings","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"Morgan Stanley beats Q3 estimates with $3.03 EPS and $20.34B revenue; 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Revenue rose to $20.34 billion, topping Wall Street’s estimate of $19.95 billion.\nInstitutional Securities generated $10 billion in net revenue, supported by strong equity trading and higher completed mergers and acquisitions.\nEquity revenue climbed 41% to $5.8 billion, driven by increased client activity across regions, particularly in Asia.\nMorgan Stanley shares fell 1.1% to trade at $179.63 on Thursday.\nThese analysts made changes to their price targets on Morgan Stanley following earnings announcement.\n\nKeefe, Bruyette & Woods analyst Christopher McGratty reiterated the stock with an Outperform rating and lowered the price target from $250 to $230.\nEvercore ISI Group analyst Glenn Schorr maintained the stock with an Outperform rating and cut the price target from $215 to $205.\nWells Fargo analyst Mike Mayo maintained the stock with an Equal-Weight rating and lowered the price target from $223 to $217.\nTD Cowen analyst R. Scott Siefers maintained the stock with a Hold and lowered the price target from $210 to $205.\nRBC Capital analyst Gerard Cassidy maintained the stock with a Sector Perform and lowered the price target from $243 to $195.\n\nConsidering buying MS stock? Here’s what analysts think:\n\nPhoto via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport,express","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2675536333","isCrawlerRequest":true}