Moelis & Company stock fell 1.11 percent as Goldman cut target

Published on 10/05/2026 at 11:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Moelis & Company stock was priced at USD 56.32 on October 2 after Goldman Sachs set a USD 62 target. Q2 revenue reached USD 409.39 million, up 12 percent year over year.

MC, US60786M1053, Illustration mit AI erstellt.

Moelis & Company (ISIN US60786M1053) closed at USD 56.32 on the NYSE on October 2, 2026, down 1.11 percent from the previous close of USD 56.95. The latest market catalyst was Goldman Sachs cutting its price target from USD 71 to USD 62 on October 1 while retaining a Neutral rating.

Goldman target moves to USD 62

As Markets Insider reported on October 1, 2026, Goldman Sachs analyst James Yaro lowered the target to USD 62 from USD 71 and kept the Neutral rating. The new target lies 10.09 percent above the October 2 closing price, leaving the valuation question tied to earnings delivery rather than a single analyst upgrade.

The broader view is less restrictive. According to MarketBeat on September 30, 2026, 10 firms covered the stock with a Hold consensus, including two Buy ratings, seven Holds and one Sell. The average 12-month target was USD 73.62, which lies 30.79 percent above the October 2 closing price.

Q2 revenue reached USD 409.39 million

Moelis delivered a stronger operating comparison in Q2 2026. MarketBeat reported that quarterly revenue reached USD 409.39 million, up 12.0 percent from the prior-year quarter, while earnings per share came in at USD 0.63 versus a USD 0.62 consensus estimate.

The Q2 result also improved on the prior-year earnings comparison. Adjusted EPS was USD 0.63 in Q2 2026 versus USD 0.53 in Q2 2025, according to MarketBeat. That combination of revenue growth and an earnings beat provides the clearest counterweight to the more cautious Goldman target.

Stock remains below its yearly high

MC traded within a USD 51.06 to USD 78.22 52-week range on the October 2 market snapshot. The closing price was therefore USD 21.90 below the 52-week high, while the company had a market capitalization of USD 4.2 billion and volume of 1,031,707 shares.

Moelis describes itself as a global independent investment bank providing strategic financial advice, and its investor-relations page identifies the company as listed on the NYSE under MC. The business mix makes completed transactions and advisory fees central to the next earnings assessment.

MC closed at USD 56.32

Moelis & Company stock closed at USD 56.32 on the NYSE on October 2, 2026, after falling 1.11 percent during the session. The next valuation checkpoint is the gap between the USD 62 Goldman target and the USD 73.62 consensus target.