Analyst Consensus ?
ConsensusBuy27 ratings
Bullish2074.1%
Neutral622.2%
Bearish13.7%
MSCI Inc. · MSCI · FY2025 Q1 · Calendar Q2 2025
MSCI Maintains Guidance as Custom Index and Climate Demand Support Growth
The call supports a constructive, but qualified, view of MSCI's growth trajectory: resilient retention, custom-index demand, international asset-based fees, and new private-credit and climate offerings support the business, while new-sales timing, pricing, and weaker climate net-new sales remain important checks.
Reported Before market openNYSEFinancial Services
$41.29B market cap
70quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $3.88
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $746.5M
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+0.9%
Event window
SPY move
+2.6%
Same window
Abnormal move
-1.7%
Stock minus SPY
Volume
1.3×
Versus trailing sessions
Subsequent drift
+6.1%
Up to 20 sessions
MSCISPY benchmark
Ask FN2 about MSCI FY2025 Q1
Transcript, numbers and history already loaded
What drove MSCI's +0.9% move after FY2025 Q1 earnings?What changed in MSCI's guidance and outlook in FY2025 Q1?Give me the bull and bear case for MSCI after FY2025 Q1 earnings.
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Transcript intelligence
What changed
Management highlighted a Moody's partnership for private-credit risk assessments, a Swiss Re partnership for climate physical-risk models, and a new breakdown of index subscription run-rate categories. Management also described a shift in asset flows away from the U.S. toward Europe, Japan, and emerging markets, supporting non-U.S. asset-based fees.
Guidance delta
Management maintained full-year guidance and cited flexibility to adjust expenses through hiring, compensation, and other operating levers.
Key takeaways
- Management described double-digit organic revenue and adjusted EBITDA growth despite market volatility.
- Retention exceeded 95%, while subscription run-rate momentum was led by custom indices and ESG and climate solutions.
- Asset-based fee revenue benefited from international exposure and ETF inflows.
- The Moody's partnership expands private-credit analytics, while the Swiss Re partnership supports climate physical-risk models.
Management priorities
- Accelerate product development for active ETFs and fixed-income solutions
- Expand custom index offerings and integrate the Foxbury F9 platform
- Develop private-credit risk products with Moody's and climate physical-risk models with Swiss Re
- Continue strategic share repurchases and balance-sheet strengthening
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$568.01Previous close
$543Low
$646.29Average
$760High
Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Oct 13, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Wells Fargo | Overweight | Overweight | Maintain | Sep 29, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | Jul 22, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | Jul 22, 2026 |
| Barclays | Overweight | Overweight | Maintain | Jul 10, 2026 |
| B of A Securities | Buy | Buy | Maintain | Jul 10, 2026 |
| Raymond James | Strong Buy | Strong Buy | Maintain | Jul 8, 2026 |
| UBS | Buy | Buy | Maintain | Apr 22, 2026 |
| RBC Capital | Outperform | Outperform | Maintain | Apr 22, 2026 |
| Morgan Stanley | Overweight | Overweight | Maintain | Apr 22, 2026 |
| Goldman Sachs | Buy | Neutral | Upgrade | Dec 18, 2024 |
| Wolfe Research | Outperform | Peer Perform | Upgrade | Dec 12, 2024 |
| Redburn Atlantic | Buy | Neutral | Upgrade | Oct 9, 2024 |
| Argus Research | Buy | Buy | Maintain | Jul 26, 2024 |
| Deutsche Bank | Buy | Hold | Upgrade | Apr 24, 2024 |
| Oppenheimer | Outperform | Outperform | Maintain | Apr 9, 2024 |
| Redburn Partners | Neutral | Buy | Downgrade | Sep 14, 2023 |
| Exane BNP Paribas | Underperform | Neutral | Downgrade | Jul 17, 2023 |
| BMO Capital | Outperform | Outperform | Maintain | Jul 8, 2020 |
| Atlantic Equities | Overweight | Neutral | Upgrade | Feb 12, 2020 |
| Buckingham Research | Neutral | Neutral | Maintain | Oct 11, 2019 |
| Buckingham | Neutral | Neutral | Maintain | Oct 11, 2019 |
| Credit Suisse | Outperform | Outperform | Maintain | Nov 3, 2017 |
| Macquarie | Neutral | Neutral | Maintain | Feb 5, 2016 |
| Cantor Fitzgerald | Buy | Buy | Maintain | Nov 10, 2015 |
| Keefe, Bruyette & Woods | Market Perform | Underperform | Upgrade | Nov 2, 2015 |
| Keefe Bruyette & Woods | Market Perform | Underperform | Upgrade | Nov 2, 2015 |
| Janney Capital | Buy | Buy | Maintain | Dec 12, 2013 |
Named analyst price targets
Upside is calculated against the persisted previous close $568.01. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Evercore ISI | Analyst unavailable | $722 | $569.86 | +27.1% | Jul 22, 2026 |
| Wells Fargo | Analyst unavailable | $690 | $561.74 | +21.5% | Jul 22, 2026 |
| UBS | Analyst unavailable | $615 | $561.74 | +8.3% | Jul 22, 2026 |
| Morgan Stanley | Toni Kaplan | $700 | $561.74 | +23.2% | Jul 21, 2026 |
| Barclays | Manav Patnaik | $735 | $603.35 | +29.4% | Jul 10, 2026 |
| Raymond James | Patrick O'Shaughnessy | $760 | $597.24 | +33.8% | Jul 8, 2026 |
| Redburn Partners | Analyst unavailable | $690 | $596.89 | +21.5% | Jun 18, 2026 |
| Wells Fargo | Jason Hass | $700 | $588.52 | +23.2% | May 27, 2026 |
| Raymond James | Patrick O'Shaughnessy | $730 | $589.17 | +28.5% | Apr 21, 2026 |
| Deutsche Bank | Analyst unavailable | $715 | $605.47 | +25.9% | Jan 29, 2026 |
| Evercore ISI | David Motemaden | $690 | $607.3 | +21.5% | Jan 29, 2026 |
| RBC Capital | Ashish Sabadra | $655 | $604.54 | +15.3% | Jan 29, 2026 |
| Wells Fargo | Analyst unavailable | $618 | $614.87 | +8.8% | Jan 29, 2026 |
| UBS | Analyst unavailable | $638 | $614.87 | +12.3% | Jan 28, 2026 |
| Raymond James | Patrick O'Shaughnessy | $690 | $586.47 | +21.5% | Jan 12, 2026 |
| UBS | Analyst unavailable | $710 | $593.76 | +25.0% | Oct 29, 2025 |
| UBS | Analyst unavailable | $601 | $593.76 | +5.8% | Oct 29, 2025 |
| Barclays | Manav Patnaik | $660 | $593.76 | +16.2% | Oct 29, 2025 |
| Seaport Global | Analyst unavailable | $650 | $567.41 | +14.4% | Oct 1, 2025 |
| Goldman Sachs | George Tong | $723 | $597.9 | +27.3% | Dec 18, 2024 |
| Goldman Sachs | George Tong | $617 | $578.93 | +8.6% | Oct 30, 2024 |
| Morgan Stanley | Toni Kaplan | $662 | $578.93 | +16.5% | Oct 29, 2024 |
| Barclays | Manav Patnaik | $700 | $559.75 | +23.2% | Sep 13, 2024 |
| Wells Fargo | Jason Haas | $570 | $532.41 | +0.4% | Aug 12, 2024 |
| Argus Research | John Eade | $600 | $544.6 | +5.6% | Jul 26, 2024 |
| UBS | Alex Kramm | $585 | $493 | +3.0% | Jul 9, 2024 |
| RBC Capital | Ashish Sabadra | $638 | $498.31 | +12.3% | Jun 6, 2024 |
| Goldman Sachs | George Tong | $526 | $503.83 | -7.4% | May 23, 2024 |
| Deutsche Bank | Faiza Alwy | $569 | $468.5 | +0.2% | Apr 24, 2024 |
| J.P. Morgan | Analyst unavailable | $585 | $561.94 | +3.0% | Feb 2, 2023 |
| Morgan Stanley | Analyst unavailable | $543 | $538.02 | -4.4% | Feb 1, 2023 |
| RBC Capital | Analyst unavailable | $600 | $537.72 | +5.6% | Feb 1, 2023 |
| Oppenheimer | Analyst unavailable | $575 | $532.18 | +1.2% | Feb 1, 2023 |
| Raymond James | Analyst unavailable | $549 | $531.56 | -3.3% | Feb 1, 2023 |
| Raymond James | Patrick O'Shaughnessy | $539 | $505.24 | -5.1% | Jan 15, 2023 |
| Morgan Stanley | Analyst unavailable | $518 | $473.58 | -8.8% | Jan 4, 2023 |
| J.P. Morgan | Analyst unavailable | $580 | $522.87 | +2.1% | Dec 13, 2022 |
| Barclays | Analyst unavailable | $600 | $521.39 | +5.6% | Dec 2, 2022 |
| RBC Capital | Ashish Sabadra | $520 | $429.78 | -8.5% | Jun 28, 2022 |
| Barclays | Manav Patnaik | $470 | $416.71 | -17.3% | Jun 24, 2022 |
| Deutsche Bank | Analyst unavailable | $477 | $420.22 | -16.0% | Apr 27, 2022 |
| Barclays | Analyst unavailable | $570 | $422.42 | +0.4% | Apr 27, 2022 |
| Morgan Stanley | Analyst unavailable | $540 | $424.62 | -4.9% | Apr 27, 2022 |
Track every rating change on MSCI the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationMSCI Inc., alongside its subsidiaries, offers sophisticated tools and services to support global investment decision-making and process management for its clients. The company is structured into four key segments: Index, Analytics, ESG and Climate, and Private Assets. The Index division furnishes benchmarks employed across diverse investment applications, including the creation of indexed financial products such as ETFs, mutual funds, and various derivatives; performance evaluation; portfolio building and adjustment; and strategic asset allocation. This segment also oversees the licensing of GICS and GICS Direct. Its Analytics segment provides comprehensive solutions for risk management, performance attribution, and portfolio oversight, encompassing content, applications, and services. These offerings deliver an integrated perspective on risk and return, alongside detailed analysis of market, credit, liquidity, and counterparty risks across all asset classes.…
Historical context
All MSCI earningsFinancial Services peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| FDS FactSet Research Systems Inc. | FY2026 Q4 · Calendar Q3 2026 | +3.9% | +3.8% | FactSet reports record FY26 results as AI and MCP adoption accelerate |
| PUK Prudential plc | FY2026 Q2 · Calendar Q3 2026 | -40.9% | -0.5% | Prudential sustains growth and capital returns focus in H1 2026 |
| CM Canadian Imperial Bank of Commerce | FY2026 Q3 · Calendar Q3 2026 | +8.9% | -2.8% | CIBC Q3: Broad growth, resilient credit and expanded AI rollout |
| TD The Toronto-Dominion Bank | FY2026 Q3 · Calendar Q3 2026 | +13.8% | +1.4% | TD emphasizes growth investments alongside disciplined capital management |
Latest beats and misses
Who reports nextBeat on EPS
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-04-08T00:00:45.761361+00:00
- Polygon adjusted daily market bars · 2026-10-13T08:40:44.362352+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-13T08:40:44.359625+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-13. For educational purposes only; not investment advice.