MSCI Inc ($MSCI) Stock Forecast: Down 3.0% Today

What is MSCI Inc?

MSCI Inc. (NYSE: MSCI) provides essential decision support tools and services for global investors, offering indexes, analytics, and ESG research to enhance investment decision-making.

Why is MSCI Inc going down?

MSCI stock is down 3.0% on Oct 29, 2024 18:03

• Despite strong Q3 earnings surpassing expectations, MSCI’s stock faced bearish activity.
• Investor profit-taking post a period of robust expansion possibly influenced the market's negative response.
• Although focusing on growing subscription revenues and robust subscription escalation, MSCI might have struggled to counter broader market sentiments and profit forecasts.
• Despite encouraging updates on MSCI’s performance and future prospects, external market influences likely contributed to the bearish trend.

MSCI Price Chart

MSCI Technical Analysis

MSCI News

MSCI Q3 Earnings Beat Estimates: Will Raised View Aid Shares?

MSCI's third-quarter 2024 results benefit from strong growth in recurring subscription revenues.

https://www.zacks.com/stock/news/2359762/msci-q3-earnings-beat-estimates-will-raised-view-aid-shares

MSCI Touts Strong Subscription Growth, CEO Says Q3's Recurring Sales Were 'Best-Ever' - MSCI ( NYSE:MSCI )

MSCI Inc ( NYSE: MSCI ) reported fiscal 2024 third-quarter revenue growth of 15.9% year-on-year to $724.7 million, beating the analyst consensus estimate of $715.7 million. The adjusted EPS of $3.86 beat the analyst consensus estimate of $3.77.

https://www.benzinga.com/news/earnings/24/10/41601664/msci-touts-strong-subscription-growth-ceo-says-q3s-recurring-sales-were-best-ever

MSCI Set to Report Q3 Earnings: What's in Store for the Stock?

MSCI's third-quarter 2024 performance is expected to have benefited from strong Climate and ESG solution adoption and acquisitions amid ongoing market uncertainties.

https://www.zacks.com/stock/news/2358004/msci-set-to-report-q3-earnings-whats-in-store-for-the-stock

Sustainable Power & Infrastructure Split Corp. Increases Class A Share Distribution

TORONTO, Oct. 24, 2024 ( GLOBE NEWSWIRE ) -- Sustainable Power & Infrastructure Split Corp. class A shares ( the "Class A Shares" ) have delivered a 66.6% year-to-date return and a 13.5% per annum return since inception in May 2021 ( 1 ) .

https://www.benzinga.com/pressreleases/24/10/g41532683/sustainable-power-infrastructure-split-corp-increases-class-a-share-distribution

Sustainable Power & Infrastructure Split Corp. Increases Class A Share Distribution

TORONTO, Oct. 24, 2024 ( GLOBE NEWSWIRE ) -- Sustainable Power & Infrastructure Split Corp. class A shares ( the "Class A Shares" ) have delivered a 66.6% year-to-date return and a 13.5% per annum return since inception in May 2021 ( 1 ) .

https://www.globenewswire.com/news-release/2024/10/24/2969167/0/en/Sustainable-Power-Infrastructure-Split-Corp-Increases-Class-A-Share-Distribution.html

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MSCI Inc Price History

29.09.2024 - MSCI Stock was down 3.0%

• Despite strong Q3 earnings surpassing expectations, MSCI’s stock faced bearish activity.
• Investor profit-taking post a period of robust expansion possibly influenced the market's negative response.
• Although focusing on growing subscription revenues and robust subscription escalation, MSCI might have struggled to counter broader market sentiments and profit forecasts.
• Despite encouraging updates on MSCI’s performance and future prospects, external market influences likely contributed to the bearish trend.

29.09.2024 - MSCI Stock was up 6.1%

• MSCI's bullish movement today could be attributed to the anticipation of positive Q3 earnings report, driven by the increasing adoption of Climate and ESG solutions.
• The increase in share distribution by Sustainable Power & Infrastructure Split Corp. might have created a positive sentiment around similar companies in the sustainable investing sector, benefiting MSCI as well.
• The reminder of the long-term benefits of investing in stocks like MSCI could have attracted more investors, contributing to the bullish trend.

24.03.2024 - MSCI Stock was down 5.1%

• A recent upgrade to Buy by Deutsche Bank, based on expected sales growth, did not immediately impact MSCI's stock price, which showed a bearish movement.
• Despite exceeding Q1 earnings expectations and an increase in recurring subscriptions, MSCI's stock declined due to elevated expenses affecting profitability.
• While the broader market sentiment in Asia was positive and tech sector performance was strong, MSCI did not see gains, suggesting company-specific factors influenced the bearish trend.
• Investor concerns about MSCI's profitability sustainability in the face of rising expenses may have contributed to the stock's decline, despite favorable earnings and market conditions.

24.03.2024 - MSCI Stock was down 5.1%

• MSCI's Q1 earnings call revealed a positive earnings beat driven by rising recurring subscriptions.
• The stock declined as higher expenses impacted Q1 profitability despite revenue growth.
• Market sentiments might have turned bearish due to a missed revenue consensus and a lower retention rate compared to the previous year.
• The downward movement in the stock price could reflect investor concerns regarding expense management and future revenue growth for the company.

23.03.2024 - MSCI Stock was down 5.1%

• MSCI showed strong growth in recurring subscription revenues during the first quarter of 2024, pointing towards a favorable direction for its business model.
• Despite surpassing earnings per share forecasts, the stock faced a downward movement as it fell short of revenue expectations for the same quarter.
• Increased expenses impacting the profitability of Q1 contributed to the decline in MSCI's stock price.
• The market's response indicates that investors might have felt let down by the revenue shortfall, overshadowing the positive progress in recurring subscription revenues.

23.03.2024 - MSCI Stock was down 14.5%

• MSCI reported fiscal first-quarter revenue growth of 14.8% year-on-year to $679.97 million, which missed the consensus estimate. This revenue miss likely contributed to the bearish market movement.
• Despite beating earnings per share estimates, the revenue of $679.97 million fell short of expectations, leading to investor disappointment and a decline in the stock price.
• The company's retention rate decreased to 92.8% compared to 95.2% last year, indicating potential challenges in client retention and revenue generation.
• MSCI's optimistic outlook for profitability and growth in 2024 may help regain investor confidence and stabilize the stock price in the future.

23.03.2024 - MSCI Stock was down 8.3%

• MSCI reported impressive financial results for the first quarter, with increased earnings that beat estimates, showcasing the company's resilience and growth potential.
• The market may have reacted bearishly due to profit-taking after a period of positive performance leading up to the earnings report.
• Investors might be concerned about the broader market conditions, such as the tech and momentum rout, leading to a cautious approach towards MSCI's stock despite the positive earnings.
• The upcoming earnings reports from other companies, especially prominent ones like Tesla, Microsoft, Alphabet, and Meta, could be influencing market sentiment and contributing to the bearish movement in MSCI's stock.

23.03.2024 - MSCI Stock was down 5.1%

• Strong Q1 earnings were reported by MSCI with a beat on EPS but a miss on revenue, leading to a bearish market movement.
• Despite positive growth in recurring subscription revenues and a rise in total run-rate, the stock price dipped post-results, possibly due to the revenue miss.
• Lower-than-expected revenue figures could have contributed to investor concerns, overshadowing the positive earnings beat on EPS.
• The dip in the stock price indicates that investors may have been expecting stronger revenue performance, causing a bearish sentiment in the market for MSCI today.

23.06.2024 - MSCI Stock was up 9.6%

• Q2 2024 earnings were notably strong for MSCI, with an EPS of $3.64, surpassing analyst forecasts, and revenue totaling $707.95 million, exceeding expectations by 1.65%.
• The introduction of the new Private Capital Indexes by MSCI, encompassing private funds worth over $11 trillion, likely boosted investor confidence and market attention.
• The favorable earnings outcome along with the launch of innovative indexes promoting market transparency possibly spurred investor confidence and contributed to the surge in MSCI's stock price.
• The company's robust financial performance and strategic market initiatives appear to have resonated positively with investors, propelling the stock's upward trajectory.

24.06.2024 - MSCI Stock was down 5.6%

• The bearish movement in MSCI stock today could be attributed to:
• Disappointing tech earnings in the US and Asia leading to a broader negative sentiment in the market.
• Despite MSCI's impressive Q2 earnings, the overall tech sector performance might have overshadowed its positive results.
• Investors may have reacted to the lacklustre tech earnings in the market, impacting MSCI's stock price negatively.
• The slight decline in Asia-Pacific shares outside Japan could have contributed to the bearish movement in MSCI stock.

23.06.2024 - MSCI Stock was up 8.3%

• The company reported impressive Q2 earnings, with a revenue growth of 14.0% year-on-year, surpassing analyst expectations. This strong financial performance likely boosted investor confidence in the company's future prospects.
• The stock price surged by 26% in just 3 months, reflecting growing market optimism and investor interest in MSCI's offerings.
• Despite the positive earnings report, a major financial institution maintained a neutral stance on MSCI shares, possibly indicating some caution or reservations about the stock's valuation or future growth potential.
• A market analyst emphasizing MSCI Inc. suggests that the company's recent performance and market activity have caught the attention of prominent market analysts and investors, further contributing to the bullish momentum in the stock price.

23.06.2024 - MSCI Stock was up 12.3%

• The bullish movement in MSCI's stock today can be attributed to the company's impressive Q2 2024 earnings performance, exceeding revenue and earnings per share (EPS) estimates. This strong financial showing likely boosted investor confidence and drove up buying interest.
• Furthermore, the news of MSCI's launch of a suite of private capital indices may have also positively influenced investor perception of the stock. This strategic move underscores the company's dedication to innovation and broadening its product portfolio, a welcomed development by the market.
• The overall steadiness in global shares post the announcement of Biden stepping away from the election race could have created a supportive market backdrop for MSCI's stock surge. Amidst resilient global markets, investors might have felt more inclined to seek out higher-risk assets such as MSCI.