Oppenheimer cuts Moody’s stock price target to $489

Published 23/04/2025, 14:24
Oppenheimer cuts Moody’s stock price target to $489

On Wednesday, Oppenheimer maintained its Outperform rating on Moody’s Corp (NYSE:MCO) but reduced the price target to $489 from the previous $523. The adjustment follows Moody’s recent earnings report, which revealed a robust quarter, buoyed by Ratings revenue that surpassed expectations. According to InvestingPro data, analyst targets range from $445 to $572, with the stock currently appearing overvalued based on Fair Value calculations. Despite this positive performance, the company has revised its full-year 2025 guidance downward, citing a lower GDP growth forecast, widening spreads, and ongoing tariff concerns.

Moody’s stock responded positively to the earnings announcement, climbing 4.0% compared to the S&P 500’s 2.5% increase at the market close. Prior to the earnings release, Moody’s shares had been experiencing downward pressure, and market consensus had already adjusted to align with the new guidance range. This latest financial report served as a clearing event for the stock.

The broader economic landscape remains uncertain, prompting Moody’s to offer a wider guidance range. However, the tone during the earnings call was described as neutral to positive by Oppenheimer. InvestingPro analysis reveals the company’s strong financial foundation, with a "GOOD" overall health score and an impressive 15-year streak of dividend increases. In response to the challenging macroeconomic outlook, the firm has revised its estimates and price target for Moody’s. Despite the adjustments, Oppenheimer remains optimistic about the company’s long-term prospects, highlighting the strength of the maturity wall—a reference to the volume of debt due to mature, which could drive demand for Moody’s credit rating services. For deeper insights into Moody’s financial metrics and additional ProTips, check out the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Moody’s Corporation reported a strong performance in the first quarter of 2025, surpassing earnings expectations. The company achieved an adjusted earnings per share (EPS) of $3.83, exceeding the forecasted $3.56, with revenue reaching $1.9 billion, marking an 8% year-over-year increase. Despite this positive outcome, Stifel analysts have revised their outlook for Moody’s, cutting the stock price target from $533.00 to $468.00, while maintaining a Hold rating. This adjustment follows Moody’s robust first-quarter results but reflects concerns over market volatility affecting issuance activity in April.

Moody’s also launched new AI-powered solutions and completed the acquisition of Cape Analytics, which are expected to contribute to its strategic growth. The company anticipates full-year revenue growth in the mid-single digits, projecting an adjusted operating margin between 49% and 50%. Stifel analysts noted the unpredictability of the market, leading them to take a more conservative stance on Moody’s financial outlook for the year. Despite the lowered price target, Moody’s continues to focus on strategic investments and innovations, maintaining a leading position in its sector.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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