S&P Global (SPGI)
NYSEFinancialsFinancial Data & Stock ExchangesSnapshot 2026-07-09
$432.92+0.49%
Close 2026-07-09 · 1-day change
Reading SPGI? This analysis is rebuilt every market day. Get it tracked free. No credit card.
Track SPGI free→NYSEFinancialsFinancial Data & Stock ExchangesSnapshot 2026-07-09
Reading SPGI? This analysis is rebuilt every market day. Get it tracked free. No credit card.
Track SPGI free→S&P Global is growing revenue about 10% year over year, above its 6.3% to 8.3% target. Profit per share is rising steadily, with adjusted EPS expected near $19.5 in 2026. The company is completing its spin-off of the Mobility division, which simplifies operations and sharpens focus. Capital spending is disciplined, supporting growth without excess.
Revenue growth could slow below 6%, hurting earnings momentum. The spin-off may cause disruption or fail to unlock value. Rising competition and regulatory challenges could pressure margins and market share.
The stock trades about 33% above our fair value with analysts expecting flat revenue growth. Our view is more cautious on near-term growth and values the spin-off risks.
Breaks if: adjusted EPS falls below $19.4 in FY26
Target adjusted diluted earnings per share in the range of $19.40 to $19.65 for fiscal year 2026.
Stated as a priority in 6 of last 6 quarters. Adjusted diluted EPS increased from $15.70 in 2024 to $17.83 in 2025, showing progress toward the 2026 target range of $19.40 to $19.65. Management has consistently reaffirmed this EPS guidance, indicating ongoing delivery on this financial objective.
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Adjusted diluted EPS guidance in the range of $19.40 to $19.65 for 2026.”
“2026 adjusted guidance calls for diluted EPS in the range of $19.40 to $19.65.”
“Full-year 2025 guidance calls for adjusted diluted EPS in the range of $17.60 - $17.85.”
“Full-year 2025 guidance calls for adjusted diluted EPS in the range of $17.00 - $17.25.”
“Full-year 2025 guidance calls for adjusted diluted EPS in the range of $16.75 - $17.25.”
“2025 guidance calls for adjusted diluted EPS in the range of $17.00 - $17.25.”
Breaks if: CAPEX exceeds $225M or falls below $215M significantly in FY26
Manage capital expenditures within the range of $215 million to $225 million for fiscal year 2026 to support strategic investments.
Stated as a priority in 3 of last 3 quarters. Management has maintained capital expenditure guidance at $215M to $225M for 2026. This reflects disciplined capital allocation consistent with prior years' spending levels, indicating adherence to the stated capital management strategy.
“Capital expenditures (GAAP) $215 to $225 million.”
“Capital expenditures $180 - $190 million for 2025.”
“Capital expenditures $180 - $190 million for 2025.”
Breaks if: Mobility division spin-off delayed beyond mid-2026
Execute the planned spin-off of the Mobility division into a standalone public company to simplify operations and focus on core businesses.
Stated as a priority in 6 of last 6 quarters. Management has consistently communicated the planned spin-off of the Mobility division, expected to complete within 12-18 months. The separation remains on track as of 2026-Q1 with no reported delays, indicating delivery against this strategic priority.
“The Company remains on track with the previously announced planned separation of its Mobility division.”
“The previously announced spin of the Mobility division into a separate public company remains on track.”
“The previously announced spin of the Mobility division into a separate public company remains on track.”
“The Company remains on track with the previously announced planned separation of its Mobility division.”
“The Company announced its intent to separate its Mobility division into a standalone public company expected within 12-18 months.”
“Management expects the separation of Mobility to be completed within the anticipated time period.”
Breaks if: YoY revenue growth falls below 6.3% in FY26
Target reported revenue growth in the range of 6.3% to 8.3% for fiscal year 2026, maintaining strong organic growth.
Stated as a priority in 6 of last 6 quarters. Reported revenue increased from $3.592B in 2024-Q4 to $4.171B in 2026-Q1, a 16.2% rise, exceeding the 6.3%-8.3% annual growth target. Management has consistently reaffirmed this revenue growth guidance, indicating delivery on this operational priority.
“2026 guidance now calls for reported revenue growth of 6.3% to 8.3%.”
“2026 adjusted guidance calls for organic constant currency revenue growth of 6.0% to 8.0%.”
“Full-year 2025 guidance calls for revenue growth of 7% - 8%.”
“Full-year 2025 guidance calls for revenue growth of 5% - 7%.”
“Full-year 2025 guidance calls for revenue growth of 4% - 6%.”
“2025 guidance calls for revenue growth of 5.0% - 7.0%.”