Moody's posts 13% revenue growth in Q4 2025, driven by AI and private credit, with strong earnings and share buybacks.

Moody's Corporation reported a 13% revenue increase and 38.9% adjusted EPS growth in Q4 2025, fueled by AI adoption and private credit momentum. The company benefits from a strong SaaS analytics business alongside its global ratings duopoly, delivering resilient recurring revenues and high operating margins. Moody's trades at a 10% discount to its $482 fair value estimate, with expected annual EPS growth of 12.3% through 2028. Management is actively repurchasing shares and aims for 10% annual dividend growth while monitoring risks from private credit exposure and potential AI-driven margin pressures.