Citi cuts target for Morgan Stanley stock to USD 210.00
Published on 10/01/2026 at 15:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Morgan Stanley stock was EUR 165.18 at Lang & Schwarz on October 1, 2026 at 3:38 p.m. CEST, while Citi cut its price target from USD 235.00 to USD 210.00 on September 30, 2026. According to Markets Insider, Citi analyst Benjamin Gerlinger kept a Neutral rating and cited a higher assumed cost of equity.
Citi lowers the valuation bar
The move reduces Citi's target by USD 25.00, or 10.64 percent, from the previous USD 235.00 level. The revised USD 210.00 target still stands above the October 1, 2026 Lang & Schwarz price, but the two figures use different currencies and are not combined into a return calculation.
The change arrives before Morgan Stanley's third-quarter report, making the bank's earnings delivery the next measurable test for the lower valuation framework. For investors, the key issue is whether strong capital-markets activity can offset the cost and balance-sheet pressures highlighted in the latest quarter.
Second-quarter growth was concentrated
Financial Report Insights reported that Morgan Stanley's second-quarter 2026 net revenues reached USD 21.348 billion, up 27.10 percent from the prior-year quarter. Net income rose 57.70 percent to USD 5.581 billion, while diluted earnings per share increased 62.40 percent to USD 3.46.
The mix matters more than the headline growth rate. Institutional Securities generated USD 11.040 billion of second-quarter 2026 net revenues, while equity trading revenue rose 69.30 percent to USD 6.300 billion, according to the same quarterly analysis. That concentration leaves the earnings profile more exposed to trading activity than the firm-wide revenue figure alone suggests.
October earnings set the next test
MarketBeat lists October 14, 2026 as Morgan Stanley's third-quarter reporting date, before the US market opens, with expected revenue of USD 20.24 billion and consensus earnings per share of USD 3.10. Those estimates provide a concrete benchmark after the second quarter's USD 21.348 billion revenue result.
The stock's primary-market 52-week range is USD 151.84 to USD 232.25, while market capitalization stood at USD 293.9 billion on October 1, 2026. The broad range places the current US-market valuation well below the yearly high, although the reference quote for this article remains the euro price at Lang & Schwarz.
Price and next reporting date
Morgan Stanley was trading at EUR 165.18 at Lang & Schwarz on October 1, 2026 at 3:38 p.m. CEST, down 0.55 percent versus the EUR 166.10 prior close dated September 30, 2026. The next scheduled earnings date is October 14, 2026.
The further course of trading is shown by the continuously updated real-time quote of Morgan Stanley stock.
Morgan Stanley stock facts
- Company: Morgan Stanley
- ISIN: US6174464486
- Ticker: MS
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 1, 2026, 3:38 p.m. CEST): EUR 165.18
- Change versus prior close: minus 0.55 percent
- Prior close Lang & Schwarz (September 30, 2026): EUR 166.10
- Market capitalization: USD 293.9 billion (as of October 1, 2026)
- 52-week range: USD 151.84-USD 232.25 (as of October 1, 2026)
- Sector / Industry: Financial Services / Financial - Capital Markets
- Next earnings date: October 14, 2026
