MS

Morgan Stanley

62
Fundamentals71/ 100
Valuation48/ 100
Upside potential73/ 100
Risk potential11/ 100

MS's fundamentals are strong: revenue grew 16% and earnings per share grew 29%. At 15x earnings, it's trading in line with its usual 14x. Analysts expect earnings growth.

SDEV

Stablecoin Development Corp.

There isn't enough reported data to score SDEV yet.

MS Fundamentals

MetricStatus
Healthy
Strong
N/A
N/A

MS's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like MS.

SDEV Fundamentals

MetricStatus
Unavailable
Healthy
N/A
N/A

SDEV's profitability is currently healthy. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like SDEV.

MS PE Valuation

CHEAPFAIREXPENSIVE5.5x11x17x22x
CHEAPFAIREXPENSIVE5.5x11x17x22x
LevelPEPriceVs current
Cheap11x$134-29%
Fair14x$178-5.7%
Forward14x$189โ€”
Current15x$189โ€”
Expensive18x$223+18%

Historical ranges are pointers, not guarantees.

MS's PE is in its fair range at 15x. If earnings grow as analysts expect, today's price would be 14x next year's earnings.

SDEV PE Valuation

SDEV has no meaningful PE right now: it lost money over the past year.

MS Forward outlook

MetricOutlook
Improving
Growth
Growth
Improving
Limited
Moderate

Analysts expect earnings and revenue growth for MS, with profitability improving.

SDEV Forward outlook

There aren't enough analyst estimates for SDEV to show an outlook.

MS Risk to reward

ScenarioChangePrice
Upside+29%$243.85
Downside-11%$168.44

Calculated from the latest close: $189.17 on Nov 12.

There is not enough scenario data to compare MS and SDEV's risk to reward.

SDEV Risk to reward

ScenarioChangePrice
UpsideUnknownโ€”
DownsideUnknownโ€”

Calculated from the latest close: $0.78 on Nov 12.

There is not enough scenario data to compare MS and SDEV's risk to reward.

MS Earnings Per Share

Q4 2023: $5.18Q1 2024: $5.50Q2 2024: $6.08Q3 2024: $6.58Q4 2024: $7.95Q1 2025: $8.53Q2 2025: $8.84Q3 2025: $9.76Q4 2025: $10.21Q1 2026: $11.04Q2 2026: $12.37Q3 2026: $12.60Forward: $13.39
Q4 2023: $5.18Q1 2024: $5.50Q2 2024: $6.08Q3 2024: $6.58Q4 2024: $7.95Q1 2025: $8.53Q2 2025: $8.84Q3 2025: $9.76Q4 2025: $10.21Q1 2026: $11.04Q2 2026: $12.37Q3 2026: $12.60Forward: $13.39
QuarterTTM EPSYoY
Forward$13.39+6.3%
Q3 2026$12.60+29%
Q2 2026$12.37+40%
Q1 2026$11.04+29%
Q4 2025$10.21+28%
Q3 2025$9.76+48%
Q2 2025$8.84+45%
Q1 2025$8.53+55%
Q4 2024$7.95+53%

MS has the stronger earnings trend. Trailing diluted EPS is up 29% for MS versus SDEV down 99%.

SDEV Earnings Per Share

Q4 2023: $-816.43Q1 2024: $-693.93Q2 2024: $-478.53Q3 2024: $-416.78Q4 2024: $-38.15Q1 2025: $-4.80Q2 2025: $0.40Q3 2025: $2.30
Q4 2023: $-816.43Q1 2024: $-693.93Q2 2024: $-478.53Q3 2024: $-416.78Q4 2024: $-38.15Q1 2025: $-4.80Q2 2025: $0.40Q3 2025: $2.30
QuarterTTM EPSYoY
Q3 2025$2.30+$419.08
Q2 2025$0.40+$478.93
Q1 2025-$4.80+$689.13
Q4 2024-$38.15+$778.28
Q3 2024-$416.78+$929.13
Q3 2021-$918.75+$1,286.25
Q2 2021-$1,102.50+$735.00
Q1 2021-$1,776.25$0.00

SDEV has returned to profit: it earned $2.30 per share over the past year, after losing money the year before.

MS Quarterly Revenue

Q4 2023: $12.9BQ1 2024: $15.1BQ2 2024: $15BQ3 2024: $15.4BQ4 2024: $16.2BQ1 2025: $17.7BQ2 2025: $16.8BQ3 2025: $18.2BQ4 2025: $17.9BQ1 2026: $20.6BQ2 2026: $21.3BQ3 2026: $20.3B
Q4 2023: $12.9BQ1 2024: $15.1BQ2 2024: $15BQ3 2024: $15.4BQ4 2024: $16.2BQ1 2025: $17.7BQ2 2025: $16.8BQ3 2025: $18.2BQ4 2025: $17.9BQ1 2026: $20.6BQ2 2026: $21.3BQ3 2026: $20.3B
QuarterRevenueYoY
Q3 2026$20.3B+12%
Q2 2026$21.3B+27%
Q1 2026$20.6B+16%
Q4 2025$17.9B+10%
Q3 2025$18.2B+18%
Q2 2025$16.8B+12%
Q1 2025$17.7B+17%
Q4 2024$16.2B+26%

MS has the stronger quarterly revenue trend. Revenue is up 12% for MS versus down 7.3% for SDEV.

SDEV Quarterly Revenue

Q4 2023: $4MQ1 2024: $3MQ2 2024: $2MQ3 2024: $2MQ4 2024: $2MQ1 2025: --Q2 2025: --Q3 2025: $521,000Q4 2025: --Q1 2026: $2MQ2 2026: $2MQ3 2026: $2M
Q4 2023: $4MQ1 2024: $3MQ2 2024: $2MQ3 2024: $2MQ4 2024: $2MQ1 2025: --Q2 2025: --Q3 2025: $521,000Q4 2025: --Q1 2026: $2MQ2 2026: $2MQ3 2026: $2M
QuarterRevenueYoY
Q3 2026$2.1M+311%
Q3 2025$521K-79%
Q4 2024$2.3M-38%
Q3 2024$2.4M-25%
Q2 2024$2.4M-48%
Q1 2024$2.6M-16%
Q4 2023$3.7M+2.3%
Q3 2023$3.3M-15%

SDEV's revenue has slid since its 2023 peak: $2M last quarter, down 7.3% from the same quarter a year ago.

MS Free Cash Flow

Q4 2023: โˆ’$17.8BQ1 2024: $4.4BQ2 2024: $2.5BQ3 2024: โˆ’$17.3BQ4 2024: $11.8BQ1 2025: โˆ’$24BQ2 2025: $11.8BQ3 2025: โˆ’$3.3BQ4 2025: โˆ’$2.4BQ1 2026: โˆ’$7.1BQ2 2026: โˆ’$2.7BQ3 2026: โˆ’$46B
Q4 2023: โˆ’$17.8BQ1 2024: $4.4BQ2 2024: $2.5BQ3 2024: โˆ’$17.3BQ4 2024: $11.8BQ1 2025: โˆ’$24BQ2 2025: $11.8BQ3 2025: โˆ’$3.3BQ4 2025: โˆ’$2.4BQ1 2026: โˆ’$7.1BQ2 2026: โˆ’$2.7BQ3 2026: โˆ’$46B
QuarterFree cash flowYoY
Q3 2026-$46B-$42.7B
Q2 2026-$2.7B-123%
Q1 2026-$7.1B+$16.9B
Q4 2025-$2.4B-120%
Q3 2025-$3.3B+$14B
Q2 2025$11.8B+368%
Q1 2025-$24B-650%
Q4 2024$11.8B+$29.6B

MS has the edge over SDEV on cash flow, with more consistent year-over-year improvement.

SDEV Free Cash Flow

Q4 2023: โˆ’$316,000Q1 2024: โˆ’$2MQ2 2024: โˆ’$580,000Q3 2024: โˆ’$2MQ4 2024: โˆ’$972,000Q1 2025: โˆ’$1MQ2 2025: โˆ’$3MQ3 2025: โˆ’$2MQ4 2025: โˆ’$2MQ1 2026: โˆ’$2MQ2 2026: โˆ’$6MQ3 2026: โˆ’$1M
Q4 2023: โˆ’$316,000Q1 2024: โˆ’$2MQ2 2024: โˆ’$580,000Q3 2024: โˆ’$2MQ4 2024: โˆ’$972,000Q1 2025: โˆ’$1MQ2 2025: โˆ’$3MQ3 2025: โˆ’$2MQ4 2025: โˆ’$2MQ1 2026: โˆ’$2MQ2 2026: โˆ’$6MQ3 2026: โˆ’$1M
QuarterFree cash flowYoY
Q3 2026-$1.1M+$720K
Q2 2026-$6M-$3M
Q1 2026-$1.8M-$480K
Q4 2025-$2.3M-$1.3M
Q3 2025-$1.8M+$223K
Q2 2025-$3M-$2.4M
Q1 2025-$1.3M+$250K
Q4 2024-$972K-$656K

SDEV's free cash flow was โˆ’$11M over the past year, against โˆ’$7M the year before. Free cash flow isn't a meaningful measure for financial services companies like SDEV.

MS Total Shares

Q4 2023: 1.6BQ1 2024: 1.6BQ2 2024: 1.6BQ3 2024: 1.6BQ4 2024: 1.6BQ1 2025: 1.6BQ2 2025: 1.6BQ3 2025: 1.6BQ4 2025: 1.6BQ1 2026: 1.6BQ2 2026: 1.6BQ3 2026: 1.6B
Q4 2023: 1.6BQ1 2024: 1.6BQ2 2024: 1.6BQ3 2024: 1.6BQ4 2024: 1.6BQ1 2025: 1.6BQ2 2025: 1.6BQ3 2025: 1.6BQ4 2025: 1.6BQ1 2026: 1.6BQ2 2026: 1.6BQ3 2026: 1.6B
PeriodChange %Net change
Quarterly-0.2%-3M shares
1 year-1.5%-24M shares
3 years-4.7%-77M shares
5 years-14%-246M shares
Available history-4.5%-74M shares

MS has the edge over SDEV on shareholder dilution, with a more favorable share count trend.

SDEV Total Shares

Q4 2023: 24,086Q1 2024: 140,983Q2 2024: 231,000Q3 2024: 742,000Q1 2025: 1MQ2 2025: 1MQ3 2025: 1MQ1 2026: 166MQ2 2026: 31MQ3 2026: 221M
Q4 2023: 24,086Q1 2024: 140,983Q2 2024: 231,000Q3 2024: 742,000Q1 2025: 1MQ2 2025: 1MQ3 2025: 1MQ1 2026: 166MQ2 2026: 31MQ3 2026: 221M
PeriodChange %Net change
Quarterly+611%+190M shares
1 year+18863%+219M shares
3 years+1897320%+221M shares
5 years+3852720%+221M shares

SDEV has 221M diluted shares, up 18863% from a year ago.

MS Net Leverage

Q4 2023: 10.7xQ1 2024: 9.8xQ2 2024: 9.8xQ3 2024: 10.2xQ4 2024: 7.9xQ1 2025: 8.7xQ2 2025: 8.7xQ3 2025: 8.4xQ4 2025: 8.6xQ1 2026: 8.2xQ2 2026: 7.3xQ3 2026: 7.8x
Q4 2023: 10.7xQ1 2024: 9.8xQ2 2024: 9.8xQ3 2024: 10.2xQ4 2024: 7.9xQ1 2025: 8.7xQ2 2025: 8.7xQ3 2025: 8.4xQ4 2025: 8.6xQ1 2026: 8.2xQ2 2026: 7.3xQ3 2026: 7.8x
QuarterNet LeverageStatus
Q3 20267.8xHigh
Q2 20267.3xHigh
Q1 20268.2xHigh
Q4 20258.6xHigh
Q3 20258.4xHigh
Q2 20258.7xHigh
Q1 20258.7xHigh
Q4 20247.9xHigh

MS's net debt is about 7.8 years of its operating earnings (EBITDA), down from 8.4 years a year ago. Net leverage isn't a meaningful measure for financial services companies like MS.

SDEV Net Leverage

MS Weekly Momentum

MetricValueStatus
RSI45.0Neutral
Stochastic18.7Oversold

MS's weekly RSI is 45 (neutral) and its Stochastic is 19 (oversold).

SDEV Weekly Momentum

MetricValueStatus
RSI45.4Neutral
Stochastic1.7Oversold

SDEV's weekly RSI is 45 (neutral) and its Stochastic is 2 (oversold).

MS PE vs Financial Services Sector

MetricMSSector medianRelative
PE15x13x15% above
PE %59634 pts below

MS is trading at 15x earnings, a 15% premium to the Financial Services sector's median of 13x.

SDEV PE vs Financial Services Sector

MetricSDEVSector medianRelative
PEN/A13xโ€”

SDEV has no meaningful PE right now: it lost money over the past year.

MS Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$186.51.5% above
20 week MA$203.36.9% below
50 week MA$191.91.4% below
100 week MA$164.915% above
200 week MA$129.346% above

MS has the edge over SDEV on trend strength, trading above more of its moving averages.

SDEV Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$1.9059% below
20 week MA$1.4245% below
50 week MA$7.3089% below
100 week MA$5.8887% below
200 week MA$47.698% below

SDEV is in a downtrend: it's below all five of its weekly moving averages, and 98% below its 200-week average.

MS Yearly ROI

YearStart priceEnd priceROI
2020$51.1$68.1+33%
2021$68.1$99.3+46%
2022$99.3$86.1-13%
2023$86.1$93.3+8.3%
2024$93.3$126.8+36%
2025$126.8$181.9+43%
2026 YTD$181.9$189.2+4%

MS has the edge over SDEV on returns for 2026, with the stronger performance.

SDEV Yearly ROI

YearStart priceEnd priceROI
2020$4,026.6$4,471.3+11%
2021$4,471.3$2,686.4-40%
2022$2,686.4$248.5-91%
2023$248.5$35.7-86%
2024$35.7$2.88-92%
2025$2.88$24.3+742%
2026 YTD$24.3$0.78-97%

SDEV's yearly returns have swung widely, from +742% in 2025 to โˆ’92% in 2024. It's down 97% so far in 2026.

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