
S&P Global (SPGI) Stock Forecast & Price Target
S&P Global (SPGI) Analyst Ratings
Bulls say
S&P Global is supported by durable secular demand across Ratings, Indexes, and Market Intelligence, with strong nominal GDP growth, AI-related capex, and an approximately $11tn refinancing wall over the next 4.5 years underpinning issuance. Its ratings franchise benefits from high incremental margins, with Ratings expanding about 310 bps to roughly 68.5% and total company margins reaching about 54.3% in 2Q26, while Market Intelligence is gaining from platform consolidation, MCP adoption, and AI-driven productivity. Shareholder returns and financial discipline add to the appeal, including an approximately $7bn FY26E buyback program, more than 80% of operating profit from benchmark businesses, and a path toward mid-teens EPS growth in 2027/2028.
Bears say
S&P Global is facing a cautious fundamental backdrop because Market Intelligence growth is being pressured by sales-cycle elongation among a small number of large clients, while sustainability spending cuts were worse than expected in 2Q26. Its Energy segment also posted only about 3% revenue growth in 2Q26 as Iran-related disruptions, contract extensions at current pricing, and weaker trading volumes weighed on near-term performance, even if some recovery has begun in 3Q26. The bearish view is reinforced by downside risks tied to lower credit issuance, slower market-data demand, and index AUM declines, with a downside case assuming FY27 EPS 10% below estimates and multiple compression to about 20x FY27E EPS.
This aggregate rating is based on analysts' research of S&P Global and is not a guaranteed prediction by Public.com or investment advice.
S&P Global (SPGI) Analyst Forecast & Price Prediction
Start investing in S&P Global (SPGI)
Order type
Buy in
Order amount
Est. shares
0 shares