Morgan Stanley raises target for BNY Mellon stock to USD 152
Published on 10/20/2026 at 10:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTargets, results and trading
- Morgan Stanley raised its target from USD 151 to USD 152 on October 16, 2026.
- BNY reported third-quarter 2026 revenue of USD 5.68 billion, up 12 percent year over year.
- BNY Mellon stock trades at EUR 128.00 at 10:33 a.m. CEST at Lang & Schwarz on October 20, 2026.
BNY Mellon (ISIN US0640581007) drew a higher Morgan Stanley target of USD 152 on October 16, 2026, up from USD 151, according to Markets Insider. The revision followed BNY's third-quarter results, which showed broad-based growth but also a sequential decline in net income.
Target rises after strong quarter
BNY reported third-quarter 2026 total revenue of USD 5.676 billion on October 15, 2026, up 12 percent from USD 5.081 billion in the year-earlier quarter. Diluted GAAP earnings per share reached USD 2.34, up 24 percent from USD 1.88.
The quarter also produced a 38.5 percent pre-tax operating margin and 29.0 percent return on tangible common equity. Net income applicable to common shareholders rose 20 percent year over year to USD 1.608 billion, although it fell 5 percent from the second quarter.
What supports the higher target?
The main support came from recurring fee activity and higher net interest income. Fee revenue increased 12 percent year over year to USD 4.078 billion, while net interest income rose 15 percent to USD 1.423 billion in the third quarter, according to the company release.
BNY also ended the quarter with USD 63.4 trillion in assets under custody and administration, up 10 percent from the year-earlier period. Assets under management reached USD 2.2 trillion, up 2 percent year over year, while deposit margin compression limited the benefit from higher reinvestment yields.
Three dates frame the stock
On October 2, 2026, JPMorgan raised its target from USD 159 to USD 161, according to Benzinga. On October 15, 2026, BNY reported third-quarter revenue of USD 5.676 billion. On October 16, 2026, Morgan Stanley lifted its target to USD 152 from USD 151.
Next date for investors
Simply Wall St lists January 15, 2027 as the next earnings date. The company has also declared a USD 0.63 quarterly dividend payable on November 9, 2026, with the record date set for October 26, 2026.
Trading follows the earnings test
BNY Mellon stock was trading at EUR 128.00 at Lang & Schwarz on October 20, 2026 at 10:33 a.m. CEST. The current quotation gives investors a live euro reference while the latest operating figures point to fee growth, stronger net interest income and continued pressure from deposit margins. The further course of trading is shown by the continuously updated real-time quote of BNY Mellon stock.
BNY Mellon stock facts
- Company: The Bank of New York Mellon Corporation
- ISIN: US0640581007
- Ticker: BNY
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 10:33 a.m. CEST): EUR 128.00
- Sector / Industry: Financial Services / Investment Banking and Investment Services
- Next earnings date: January 15, 2027
Market context: Market report S&P 500.
