Morningstar’s Economic Moat Review: Mid-Year Update
Morningstar’s economic moat ratings include more wide ratings in the first half of 2025.
Our global equity analysts reviewed 600+ economic moat ratings for individual stocks, resulting in 31 moat upgrades and 11 moat rating downgrades in the first half of 2025. Of the economic moat changes, the industrial and technology stock sectors experienced the most upgrades, while healthcare comprised the majority of the moat downgrades. With these recent changes, it’s important for investors to understand the importance of economic moat ratings in long-term investing.
Morningstar’s latest report on moat ratings change highlights the 42 economic moat changes in the Morningstar stock universe, undervalued vs overvalued moat stocks, as well as individual stock highlights, and more.
Download the report to find out how these ratings can shape your investing strategy.
