WallStSmart
MMC

Marsh & McLennan Companies Inc

NYSE: MMC · FINANCIAL SERVICES · INSURANCE BROKERS

$182.70
-1.58% today

Updated 2026-01-13

Market cap
$89.82B
P/E ratio
21.93
P/S ratio
3.40x
EPS (TTM)
$8.33
Dividend yield
1.85%
52W range
$174 – $246
Volume
2.6M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Marsh & McLennan Companies Inc (MMC) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$182.70
Consensus
$206.00
+12.75%
2030 Target
$858.69
+370.00%
DCF
—
—
26 analysts:
3 Buy6 Hold1 Sell

Management guidance

No specific revenue targets or CAGR guidance disclosed in recent earnings calls or investor communications. Management focuses on organic growth plus M&A strategy, with recent acquisitions (AltamarCAM €20B AUM) expanding private markets capabilities. Historical guidance pattern suggests mid-to-high single-digit organic growth trajectory.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$1,425.06
$35.0B Rev × 20x P/S
Base case (2030)
$858.69
$35.0B Rev × 12x P/S
Bear case (2030)
$566.37
$35.0B Rev × 8x P/S

Financial forecast — research-backed

Metric2022202320242026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$20.7B$22.7B$24.5B$28.9B$30.3B$31.9B$33.4B$35.0B
Revenue growth—9.7%7.6%7.0%5.1%4.9%4.9%4.9%
EPS—$7.88$8.80$10.60$11.56$12.45$13.35$14.30
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$712.53$749.07$785.61$822.15$858.69

Catalysts & risks

Growth catalysts
+ AltamarCAM acquisition (€20B AUM) closing H2 2026 - expands Mercer private markets platform
+ AI-driven risk management demand acceleration in enterprise insurance and consulting
+ Oliver Wyman consulting growth from emerging tech/healthcare/supply chain advisory
+ M&A consolidation in insurance brokerage sector benefiting large-cap brokers
+ Digital infrastructure and data center insurance expansion (cyber/war risk)
Key risks
- AI disruption concerns in insurance brokerage reducing broker necessity - sector headwind Feb 2026
- Commercial insurance premium pressure and competitive commission compression
- Economic slowdown reducing corporate consulting spending and risk management budgets
- Integration execution risk on recent acquisitions (AltamarCAM, Robinson & Son, others)
- Geopolitical uncertainty impacting global insurance placements and Mercer consulting demand

Methodology

Marsh & McLennan Companies Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 26 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.