-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
After digesting Q1 earnings and accounting for elevated geopolitical uncertainty, we reduce our 12-month target price by $30 to $760, 34.1x our 2027 EPS estimate, a discount to MSCI's five-year forward P/E average of 40.8x given a reduced outlook in sustainability and climate. We increase our 2026 EPS view by $0.24 to $19.68 and bump up 2027's by $0.35 to $22.27. We have consistently argued that MSCI has built a resilient business model capable of growing even when markets decline. This quarter proved our thesis; despite falling equity markets, cash inflows reached a record $103 billion in Q1. The stock appears undervalued. MSCI is trading near its lowest forward P/E ratio in seven years, even as revenue growth accelerates and margins expand. Against this backdrop, we view management's aggressive share buyback program positively and note the company has reduced shares outstanding by 6% Y/Y, nearly triple its historical average. Shares yield 1.4%.