Coverage summary
Aardvark Labs Capital Research has covered Morgan Stanley (MS) since July 17, 2025. The company is in the Financial Services sector. This page lists 6 reports: 6 earnings recaps.
The latest is the Q3 2026 Earnings Recap, published October 19, 2026. The current rating is Hold, unchanged since the Q2 2026 Earnings Recap of July 17, 2026. The rating has changed twice since coverage began.
Translations: 5 in Chinese.
The Excel model for MS holds 23 quarters and 5 fiscal years of history and 9 quarters and 5 fiscal years of projections. It was last updated October 21, 2026.
Rating history
All MS reports
Recap: Q3 2026
The Peak Passed and the Price Followed: An Equities-Only Beat, Record Wealth Flows and a 22.6% ROTCE Put Morgan Stanley Near Fair Value
Recap: Q2 2026
A Blowout the Market Sold: Record $21.3B Revenue, a 26.6% ROTCE, and the Equity-Underwriting Inflection — Stepping Down to Hold on a Full Valuation
Recap: Q1 2026
Peak Clarity, Honestly Framed: A Record $20.6B Quarter, a 27.1% ROTCE, and Three Segment Records — Maintain Outperform
Recap: Q4 2025
The Revenue Record and the Discipline to Hold the Targets: A $10.21 EPS Year, a 47% IB Surge, and a 31% Wealth Margin — Maintain Outperform
Recap: Q3 2025
The Catalyst Arrived: Record EPS, a 23.5% ROTCE, and an Investment-Banking Recovery That's Now in the Numbers — Upgrading to Outperform
Recap: Q2 2025
A Clean Beat the Market Shrugged Off: Record Wealth Margin Meets a 3x-Book Valuation and an IB Recovery Still in the First Inning — Initiating at Hold