MSCI Expected to Report Modest Q3 Beat Supported by Strong Index Revenue, RBC Says

10:54 AM EDT, 10/14/2026 (MT Newswires) -- MSCI (MSCI) is expected to deliver a modest Q3 beat, supported by strong Index revenue driven by asset-based fee upside and a robust subscription run rate growth, RBC Capital Markets said in a note emailed Wednesday. The company is scheduled to report Q3 results on Oct. 20. Despite tougher year-over-year comparisons, RBC expects net new recurring subscription sales to grow nearly 11% to $43 million, driven by a strong pipeline, product innovation, and stable retention metrics, according to the note. The brokerage models nearly 23.5% year-over-year ABF fee growth for Q3, as continued momentum in assets under management supports ABF upside, the note added. The brokerage expects Q3 total revenue to grow about 11.7% to $886 million, while its adjusted EPS estimate of $5.03 is slightly above FactSet consensus of $5.02. RBC kept an outperform rating on MSCI with a price target of $655 per share. Price: 558.87, Change: -1.95, Percent Change: -0.35