Morgan Stanley Q4 Earnings Preview: Diverse Revenue And Conservative Financial Approach
Portfolio Pulse from Surbhi Jain
Morgan Stanley (NYSE:MS) is set to report Q4 earnings on Jan. 16 with expected EPS of 99 cents and revenues of $11.61 billion. Despite a diverse revenue stream and conservative financial approach, MS stock has underperformed the SPY by 16% in 2023. Analysts focus on the company's resilience in volatile markets, with consensus ratings at Neutral and a price target of $86.36. Recent reviews from UBS, JPMorgan, HSBC, BofA Securities, and Barclays suggest higher price targets ranging from $94 to $116. MS stock closed at $89.70, down 0.89% on Friday.
January 15, 2024 | 3:45 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Raymond James Financial, also underperforming like Morgan Stanley, could see indirect effects from MS's earnings and overall market perception of the financial sector.
RJF's stock may be subject to similar market forces as MS, and any shift in sentiment post-MS earnings could have a correlating effect on RJF.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Charles Schwab Corp, mentioned as underperforming alongside Morgan Stanley, may be indirectly impacted by MS's earnings report and sector sentiment.
While SCHW is not the focus of the article, its mention as an underperformer in the same sector could mean its stock is influenced by the same factors affecting MS.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Morgan Stanley is expected to report solid Q4 earnings, but stock has underperformed SPY. Analysts have mixed views with a general consensus at Neutral, but some bullish targets up to $116.
The anticipation of a strong earnings report and higher price targets from reputable analysts could lead to positive investor sentiment and a potential short-term increase in MS stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100