Morgan Stanley

MSCapital MarketsOpen

189.41-0.3%Up to 800x leverageTrade MS

What it reported

Reported 90 days ago, on 2026-07-15.

EPS against forecast+19.7%
Revenue against forecast+8.5%
Share price, two sessions-5.7%

Forecast against the result

ForecastReportedSurprise
Revenue19.7B21.3B+36.8% year on year+8.5%
Net income4.7B5.6B+57.7% year on year+19.4%
Earnings per share2.893.46+62.4% year on year+19.7%

Year on year compares the same quarter a year earlier (2025-07-16), not the quarter before.

MS trades at up to 800x here. At 800x, a 0.13% move against you wipes out the whole margin. This ignores fees, funding and maintenance margin, all of which bring liquidation forward. Your actual liquidation price is the one shown on the order page.

You can hold through the announcement here

MS is quoted here 24 hours a day and does not stop when the US market closes. On a US exchange the same news only shows up as a gap at the next open.

What the market expects

For the quarter ending 2026-09-30.

EPS forecast10 analysts
2.93
2.763.04
Revenue forecast9 analysts
19.9B
19.5B20.6B
Net income
4.7B
4.4B4.8B
EBITDA
7.2B
6.9B7.5B

Against the same quarter last year (2025-10-15): EPS +4.5%revenue +16.6%

These are third-party analyst forecasts. CoinUnited.io does not produce them and does not choose which analysts are included.

Where the revenue comes from

  • Wealth Management Segment46.6%8.4B
  • Institutional Securities Segment43.9%7.9B
  • Investment Management Segment9.5%1.7B

Most recent reported quarter (2025-12-31).

Track record

Next report expected 2026-10-14. Reports quarterly.

Beat estimates 8 of the last 8 quarters. The typical gap is +0.40 per share.

How much it actually moves

±3.9%

Median move across the two sessions around the report, over its last 8 results. On an ordinary two-day stretch it moves 1.4%.

2026-07-15-5.66%

Beat or miss, then up or down

RoseFell
Beat62
Missed00

Counted across 8 results. This is what happened, not what will.

Where analysts put it in 12 months

A different timescale from the rest of this page: these are 12-month views, not the two-day move around a report.

Lowest215.00
Median229.50
Highest243.00
FirmTargetSet onSource
UBS236.002026-10-05TheFly
Wells Fargo223.002026-09-25TheFly
Morgan Stanley215.002026-07-21TheFly
RBC Capital243.002026-07-20TheFly

From 4 firms that published a target in the last 180 days, latest call per firm. Targets are set by those firms; CoinUnited.io does not produce or endorse them.

Reported results

ReportedEPS forecastEPS actualSurpriseRevenue surprise
2026-07-152.893.46+19.7%+8.5%
2026-04-153.023.43+13.6%+4.3%
2026-01-152.432.68+10.3%+0.8%
2025-10-152.12.8+33.3%+2.4%
2025-07-161.982.13+7.6%-2.9%
2025-04-112.212.6+17.6%-0.1%
2025-01-161.622.22+37.0%+0.1%
2024-10-161.581.88+19.0%-0.1%
2024-07-161.651.82+10.3%-2.1%
2024-04-161.662.02+21.7%-1.3%
2024-01-161.010.99-2.0%-5.6%
2023-10-181.281.38+7.8%-1.3%

Also reporting this fortnight in Capital Markets

EPS history for MS runs from 1985-09-30 to 2026-07-15, 109 reports.Reaction history covers its last 8 results, which is as deep as our daily price baseline reaches.