Morgan Stanley

MS: XNYS (USA)

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Morgan Stanley Earnings: Raising Fair Value Estimate on Blowout Quarter; Shares Remain Expensive

Sean Dunlop

Jul 15, 2026

Morgan Stanley reported second-quarter earnings results that did not disappoint, with revenue of $21.3 billion growing a striking 27% from the year-ago period, while $3.46 in diluted EPS swelled 58%. Like its peers, the firm saw surreal growth in investment banking (up 58%) and trading (up 48%).

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Morgan Stanley

Morgan Stanley Earnings: Raising Fair Value Estimate on Blowout Quarter; Shares Remain Expensive

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