S&P Global IncNYSE: SPGI
Financials · Financial Exchanges & Data
$426.22
-1.16%
Vol: 719K
Research Digest
Friday, May 1, 2026
S&P Global beat Q1 2026 estimates with 10% revenue growth and 14% adjusted EPS growth; JPMorgan raised price target to $550
SPGI reported strong Q1 2026 results with EPS of $4.97 (beat $4.82 consensus) and revenue of $4.17B (beat $4.08B estimate). Adjusted EPS grew 14% and revenue grew 10% YoY. The company launched Titan, an AI-powered platform, and has invested over $1B in AI since 2018 with multiple high-profile AI product launches and tech partnerships. SPGI announced planned acquisition of With Intelligence (expected close early 2026) to gain differentiated private markets data. The company divested its energy software portfolio to SLB. JPMorgan raised price target to $550 from $530 (Overweight); consensus target of $558.33. Annual shareholder meeting set for May 20.
Previous Market Intelligence
13 daysApr 30S&P Global posts Q1 2026 EPS of $4.97, beats estimates with 10% revenue growth and launches AI Titan data platformPositive▶
S&P Global reported Q1 2026 earnings on April 28 with EPS of $4.97 (beat by $0.06) and revenue of $4.17B, showing 10% revenue growth and 14% adjusted EPS increase. The company divested its Energy software portfolio to SLB while launching AI-driven Titan data platform to enhance client data quality. S&P Dow Jones Indices acquired ARC Research for expanded wealth data and benchmarking, and launched new S&P Lincoln Senior Debt Indices for private loans. Goldman Sachs analyst George Tong raised PT to $539 from $522 with Buy rating. Median analyst PT is $550.50 with upside potential. Portfolio strategic reshuffling and AI investments position company for growth, though Energy divestment reduces revenue diversification.
Apr 29S&P Global posts Q1 2026 EPS beat of $0.06 above estimate; launches AI platform Titan, divests Energy portfolioPositive▶
S&P Global reported strong Q1 2026 with adjusted EPS up 14% and revenue growth of 10%. Earnings of $4.97 per share beat consensus by $0.06, with revenue of $4.171B beating by $19.6M. Company is divesting its Energy software portfolio to SLB and launching AI-driven data platform Titan to enhance client data quality. S&P Global has invested over $1B in AI since 2018 with partnerships including Microsoft, Anthropic, Google, and Salesforce. Analysts raised targets: JPMorgan to $550 from $530, Goldman Sachs to $539 from $522 (Buy). 2026 guidance reiterated except Energy downgraded due to Iran conflict.
Apr 16Wells Fargo adjusts S&P Global price target to $525; Q1 2026 earnings April 28 at 8:30 a.m. ETPositive▶
S&P Global will announce Q1 2026 results on April 28 via news release at approximately 7:15 a.m. ET, with conference call and webcast at 8:30 a.m. ET. Wells Fargo decreased price target to $525 from $530 on April 13 but maintained Overweight rating. S&P Global released its 2026 Private Equity & Venture Capital Outlook on April 13, showing that PE fund managers expect deal volumes to hold steady or improve in 2026, with fundraising conditions brightening. Stock rose $5.34 overnight, representing 1.26% gain. Analyst consensus Strong Buy with average price target of $562.67.
Apr 14S&P Global Q1 earnings April 28; PE Survey shows rising private equity confidenceNeutral▶
Q1 earnings April 28. Released PE Survey showing rising fundraising confidence. Morgan Stanley lowered PT to $556 Overweight. Stock down 19% YTD.
Apr 13S&P Global Q1 2026 earnings scheduled for April 28; mixed analyst sentimentNeutral▶
S&P Global will announce Q1 2026 results on April 28 at 7:15 a.m. EDT. Stock down 3.7% over last week amid 2026 guidance softening. Barclays reaffirmed Buy rating (April 10), while Morgan Stanley lowered price target to $556 from $580 (April 7). Q4 2025 EPS of $4.30 missed estimates of $4.33. Firdaus Bhathena appointed Chief Technology Officer March 31.
Apr 10S&P Global's 2026 guidance came in below expectations; Morgan Stanley lowers price target.Negative▶
S&P Global issued 2026 adjusted EPS guidance of $19.40-19.65 (below consensus $19.96). Stock fell 3.56% on April 9. Q1 2026 results scheduled for April 28. Morgan Stanley lowered price target to $556 from $580. Planned mid-2026 Mobility spin-off creates valuation uncertainty. Stock trading at $436.96.
Apr 9S&P Global announces new CTTO; Q1 earnings set for April 28Neutral▶
S&P Global up 4.5% over 7 days to $431, recently appointing Firdaus Bhathena as CTTO. Morgan Stanley and Moody's lowered price targets (to $556 and $489 respectively). Q1 2026 results due April 28, 7:15am. Despite analyst caution, consensus "Strong Buy" with 15 analysts targeting $567.73 (+31.7% upside).
Apr 8Morgan Stanley lowers SPGI price target to $556 on April 7, maintains Overweight.Neutral▶
Morgan Stanley lowered SPGI target from $580 to $556 on April 7, maintaining Overweight rating. Stock traded at $433.35 on April 6 (+0.51%). Mixed analyst sentiment on diversification strategy and valuation outlook.
Apr 7S&P Global Mobility to separate mid-2026; Q1 earnings April 28; 2026 EPS revised down.Mixed▶
S&P Global's Mobility division will host inaugural Investor Day on May 12, 2026 as it prepares for planned mid-2026 separation into standalone public company. Company reported Q4/FY2025 results on February 10 with Q1 2026 results scheduled for April 28. Revised 2026 EPS guidance to $19.59 and revenue to $16,496 million. S&P Global expanded private markets data partnerships with Cambridge Associates and Mercer. Stock declined 17.1% YTD as of early April. Buy consensus with 33% Strong Buy and 67% Buy recommendations from analysts.
Apr 6S&P Global names Firdaus Bhathena CTO effective April 27; BMO raises PT to $495.Neutral▶
S&P Global named Firdaus Bhathena Chief Technology & Transformation Officer March 31, effective April 27. Stock at ~$431, trading 12.5% above intrinsic value. BMO Capital raised PT to $495 from $482 March 17. Q1 2026 earnings April 28.
Apr 3S&P Global launches private markets performance datasets and appoints new CTO amid governance scrutiny.Mixed▶
S&P Global announced launch of standardized performance analytics datasets for private markets. Appointed Firdaus Bhathena as EVP and Chief Technology Officer effective April 27. Completed acquisition of Enertel AI Corporation. Faces governance scrutiny with shareholder proposals ahead of May 20 annual meeting. Barclays lowered price target to $565 from $620; BMO Capital raised to $495 from $482. Stock at $430.50 with 17.1% YTD decline.
Apr 1S&P Global appoints new CTO effective April 27 and schedules Q1 earnings for April 28.Neutral▶
S&P Global will announce Q1 2026 results on April 28, 2026. The company appointed Firdaus Bhathena as EVP and Chief Technology Officer, effective April 27, 2026. Launched private markets performance analytics datasets for private credit and real assets. Stock declined 4.38% on March 25 amid Mobility division separation concerns. EPS guidance fell below consensus.
Mar 31S&P Global stock declined 4.1% amid volatility; Barclays Buy, BMO raises to $495. Strong Buy $567.73.Positive▶
SPGI 4.1% one-day decline, down 19.8% YTD. Barclays maintaining Buy. BMO raised PT to $495. Planning Mobility division spin-off. CERAWeek conference. 15 analysts Strong Buy with $567.73 target implying 38% upside.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| SPGIS+P | $426.22 | -1.16% | -0.7% | 19.4x | 1.20 | $127.6B |
| CMECME | $289.91 | +0.73% | -6.7% | 22.4x | 0.30 | $104.3B |
| ICEINTERCONTINENTAL | $155.30 | -1.77% | -5.0% | 18.1x | 1.04 | $89.5B |
| MCOMOODY | $456.91 | -1.07% | +4.0% | 24.9x | 1.45 | $80.7B |
| NDAQNASDAQ | $91.42 | -0.53% | +4.6% | 20.8x | 1.02 | $52.0B |
| COINCOINBASE | $191.17 | +1.81% | +7.4% | 37.7x | 3.61 | $49.6B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.