Bank of America Securities analyst Curtis Nagle has reiterated their bullish stance on MSCI stock, giving a Buy rating yesterday.
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Curtis Nagle has given his Buy rating due to a combination of factors, including MSCI’s strong first‑quarter performance, where both adjusted EPS and revenue exceeded consensus expectations, driven by resilient subscription growth and a sharp acceleration in asset‑based fees tied to higher AUM in MSCI‑linked products. He also points to robust operating leverage, with adjusted EBITDA surpassing forecasts as disciplined cost control allowed incremental revenues to flow through despite ongoing investments in talent and technology.
Nagle further highlights record net‑new recurring subscription sales in key segments such as Index and Analytics, supported by broad regional momentum and faster rollout of new offerings, which reinforces the stability and durability of MSCI’s revenue base. Reflecting this improved outlook, he modestly lifts his forward revenue and earnings estimates, maintains a premium valuation multiple, and raises the price objective to $715, concluding that MSCI’s competitive positioning and multi‑year earnings growth prospects justify a continued Buy recommendation.
In another report released yesterday, Evercore ISI also maintained a Buy rating on the stock with a $0.00 price target.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MSCI in relation to earlier this year.