What is MS stock price target for 2026?

WallStSmart's 12-month price target for Morgan Stanley is $165.99, representing 12.9% downside from the current price of $190.59.

What is MS stock forecast?

Morgan Stanley forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

Morgan Stanley

NYSE: MS · FINANCIAL SERVICES · CAPITAL MARKETS

$190.59

+2.41% today

Updated 2026-04-29

Market cap

$298.63B

P/E ratio

17.04

P/S ratio

4.08x

EPS (TTM)

$11.04

Dividend yield

2.12%

52W range

$110 – $195

Volume

6.8M

Market cap

$298.63B

P/E ratio

17.04

P/S ratio

4.08x

EPS (TTM)

$11.04

Dividend yield

2.12%

52W range

$110 – $195

Volume

6.8M

Morgan Stanley (MS) Financial Forecast & Price Target 2030

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

Price target summary

Current

$190.59

Consensus

$337.93

+77.31%

2030 Target

$188.07

-1.32%

DCF

—

Current price

$190.59

Analyst consensus

$337.93

+77.31%

2030 Target

$188.07

-1.32%

Intrinsic (DCF)

—

30 analysts:

9 Buy15 Hold0 Sell

Management guidance

No specific revenue guidance found in provided materials. Most recent analyst consensus (Apr 2026) projects FY2026 revenue of $78.89B (+12.22% YoY) and FY2027 revenue of $83.32B (+5.62% YoY). Management commentary focuses on investment banking strength and capital markets volatility as key drivers rather than providing explicit multi-year revenue targets.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$300.91

$99.4B Rev × 4.8x P/S

Base case (2030)

$188.07

$99.4B Rev × 3x P/S

Bear case (2030)

$112.84

$99.4B Rev × 1.8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$88.3B	$103.1B	$115.0B	$78.9B	$83.3B	$87.8B	$93.2B	$99.4B
Revenue growth	—	16.8%	11.5%	12.2%	5.6%	5.4%	6.1%	6.7%
EPS	$5.31	$7.94	$10.21	$11.74	$12.74	$13.65	$14.80	$16.12
P/S ratio	—	—	—	3.0x	3.0x	3.0x	3.0x	3.0x
Implied price	—	—	—	$150.46	$150.46	$169.26	$169.26	$188.07

Catalysts & risks

Growth catalysts

+ M&A activity recovery and investment banking fee expansion driven by geopolitical stabilization

+ Capital markets volatility sustaining elevated trading revenues (demonstrated in Q1 2026 with $5.15B trading quarter)

+ Wealth Management AUM growth and expansion of alternative asset management offerings including stablecoin reserve portfolios

+ AI-driven efficiency gains and cost optimization across the platform

+ Regulatory capital relief initiatives improving profitability metrics

Key risks

- Capital markets downturn or prolonged low volatility reducing trading and dealmaking revenues

- Net interest margin compression in wealth management and asset management segments

- Competitive pressures from BlackRock, Goldman Sachs, and JPMorgan in wealth and capital markets

- Regulatory headwinds or increased capital requirements reducing leverage and profitability

- Technology disruption and fintech competition in advisory and execution services

Methodology

Morgan Stanley's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 30 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 27, 2026.