MSCI's Trading Volume Surges 82% to $617 Million, Securing 164th Spot in Daily Rankings

On July 21, 2025, MSCI's trading volume reached $617 million, marking an 82.01% increase from the previous day. This surge placed MSCI at the 164th position in terms of trading volume for the day. The stock price of MSCI rose by 0.01%.

JPMorgan has increased its price target for MSCI from $650 to $680, while maintaining an Overweight rating. This adjustment comes as the firm updates its expectations for credit agencies prior to the release of second-quarter reports. Analysts noted that debt issuance during Q2 was more favorable than initially anticipated, and global equity markets experienced an upturn.

MSCI reported strong financial metrics for the first quarter of 2025, with organic revenue growth of 10%, adjusted EBITDA growth of 11%, and adjusted earnings per share growth of almost 14%. The company achieved a retention rate of over 95% and organic subscription run rate growth of 8%, indicating strong client loyalty and recurring revenue. MSCI also saw significant growth in asset-based fee revenue, with an 18% increase, driven by strong ETF and non-ETF AUM linked to MSCI Indices. The company reported a 24% growth in net new recurring subscription sales for Private Capital Solutions, highlighting its expanding footprint in private assets. MSCI's robust capital allocation policy was demonstrated by the repurchase of $225 million worth of shares during Q1, reflecting confidence in its stock value.

However, new recurring subscription sales were down compared to Q1 of 2024, indicating potential challenges in acquiring new clients or expanding existing accounts. The Sustainability and Climate segment saw net new sales decline, with muted demand particularly in the US and regulatory complexities in Europe affecting growth. Real Assets activity remained muted, facing headwinds related to client consolidation, particularly among brokers and developers. The company noted that some deals did not close in Q1 and are expected to close in Q2, indicating potential delays in sales cycles. MSCI faces a complex operating environment with market volatility and uncertainty, which could impact future financial performance and client spending.