Dhruv Kothari | Morningstar

Morningstar

More From Dhruv Kothari

Here’s How Anthropic and OpenAI Are Building Economic Moats

Moats matter, and we think AI labs are building them in two main ways.

Malik Ahmed Khan, CFA Oct 14, 2026

Do AI Labs Like Anthropic and OpenAI Have Economic Moats?

Leading AI labs are building economic moats to stave off commodification threats.

Malik Ahmed Khan, CFA Oct 12, 2026

Reddit: We Launch Coverage With a $120 Fair Value Estimate

Shares in the community-driven platform are fairly valued, and we assign the company a narrow moat.

Dhruv Kothari Apr 2, 2025

Okta Earnings: Macro Headwinds Continue to Impact Sales Motion Even as Profitability Grows

Revenue and profitability exceeded our estimates, but we saw weaknesses in customer additions and sentiment.

Malik Ahmed Khan, CFA Aug 29, 2024

Dhruv Kothari is an equity analyst for Morningstar. He supports the coverage of technology stocks.

Before joining Morningstar in 2024, Kothari worked as a research analyst at Citigroup in its global investment banking division.

Kothari holds a bachelor's degree in commerce from Narsee Monjee College, India, and a master's degree in finance from the University of Illinois at Urbana-Champaign.

Sponsor Center

Transparency is our policy. Learn how it impacts everything we do

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

How we make money

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your personal data

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

Verify your identity, personalize the content you receive, or create and administer your account.
Provide specific products and services to you, such as portfolio management or data aggregation.
Develop and improve features of our offerings.
Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

How we approach editorial content

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.

© Copyright 2026 Morningstar, Inc. All rights reserved. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.