MS

NYSE

MORGAN STANLEY

Financials, Investment Banking & Brokerage

$216.33

close 7 Aug 2026

+50.35%

52-week change

$340.06B

market cap

$141.03

$232.25

52-week range

Expected price

$174.69 – $213.51

Current price

$216.33

Signal

Could be overvalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)17.49x

P/S (TTM)4.36x

P/B2.92x

EV/EBITDA (TTM)—

FCF yield (TTM)—

PEG (TTM, GAAP)0.95

Context

P/E, own 5-year average15.43x

P/E, sector median16.04x*

Price at 5-year median P/E$189.15*

Indicated dividend yield2.13%

Forward — analyst consensus

Forward P/E (FY2026)16.67x*

Forward P/E (FY2027)15.85x

Forward PEG3.22*

Consensus EPS FY2026 (21 analysts)$12.98

EPS growth (FY2026→FY2027)5.17%

Revenue growth (FY2026)17.00%

Street view

Price target (mean)$236.62*

Target upside9.38%

Ratings (buy / hold / sell)11 / 12 / 2

FY2026 EPS revisions, 30d (up / down)17 / 0

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 30 Jun 2026, filed 4 Aug 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

No free cash flow history is available for this company.

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$216.33

Cash & equivalents$160.14B

Total debt$383.16B

Shares outstanding1.57B

Result

DCF price per share—

Current price$216.33

Margin of safety—

PV of years 1–10—

PV of terminal value—

Equity value—

Market-implied growth—

Projected FCF, years 1–10

Hover for PV and growth

Complete the assumptions to draw the projection.

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	—	—	—	—	—	—	—	—	—	—	—
PV	—	—	—	—	—	—	—	—	—	—	—

period to 30 Jun 2026, filed 4 Aug 2026, close 7 Aug 2026