Goldman Sachs Lowers Moelis & Company Price Target to USD 62.00
Goldman Sachs has lowered its price target for Moelis & Company (ISIN: US60786M1053, Ticker: MC), reducing it from USD 71.00 to USD 62.00. The adjustment, made by analyst James Yaro on October 1, 2026, represents a 12.68% decrease. Despite the target cut, Goldman Sachs maintained a Neutral rating on the stock, suggesting a more cautious valuation without altering the broader recommendation.
Moelis & Company's stock was trading at EUR 50.20 on October 5, 2026, at 12:09 p.m. CEST, up 0.60% from the prior close of EUR 49.90. On the NYSE, the stock closed at USD 56.32 on October 2, 2026, within a 52-week range of USD 51.06 to USD 78.22. The company's market capitalization stands at USD 4.2 billion.
The target reduction comes despite strong second-quarter 2026 performance. Moelis reported revenue of USD 409.39 million, exceeding the consensus estimate of USD 387.27 million by 12.00%. Earnings per share also beat expectations, coming in at USD 0.63 against a consensus of USD 0.62. The company's next earnings date is scheduled for October 28, 2026.
Analysts have mixed views on Moelis & Company, with an average target price of USD 73.62. Current ratings include two Buy, seven Hold, and one Sell, reflecting the varying opinions on the stock's outlook.