S&P Global Expectations for 2026 | Price, Valuation & Forecast

S&P Global

NYSE:SPGI

$ 498,52

+ $1,53 (0,31%)

498,52 $

+$1,53 (0,31%)

End-of-day quote: 12/05/2025

S&P Global Stock Value

The analyst rating for NYSE:SPGI is currently Buy.

Buy

S&P Global Company Info

EPS Growth 5Y

10,50%

Market Cap

$150,95 B

Long-Term Debt

$11,39 B

Short Interest

1,48%

Annual earnings

02/13/2026

Dividend

$3,84

Dividend Yield

0,77%

Founded

1860

Industry

Financials

Country

United States

ISIN Number

US78409V1044

Website

http://www.spglobal.com

Analyst Price Target

$617,50

23.87%

Last Update: 12/05/2025

Analysts: 20

Highest Price Target $675,00

Average Price Target $617,50

Lowest Price Target $540,00

In the last five quarters, S&P Global’s Price Target has risen from $471,44 to $580,91 - a 23,22% increase. Twenty analysts predict that S&P Global’s share price will increase in the coming year, reaching $617,50. This would represent an increase of 23,87%.

Top growth stocks in the financials sector (5Y.)

What does S&P Global do?

S&P Global Inc. (S&P Global), together with its subsidiaries, provides credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets. The capital markets include asset managers, investment banks, commercial banks, insurance companies, exchanges, trading firms, and issuers; the commodity markets include producers, consumers, traders and intermediaries within energy, chemicals, shipping, metals, carbon, and agriculture; and the automotive m...

S&P Global Inc. (S&P Global), together with its subsidiaries, provides credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets.

The capital markets include asset managers, investment banks, commercial banks, insurance companies, exchanges, trading firms, and issuers; the commodity markets include producers, consumers, traders and intermediaries within energy, chemicals, shipping, metals, carbon, and agriculture; and the automotive markets include manufacturers, suppliers, dealerships, service shops, and customers. The company serves its global customers through a broad range of products and services available through both third-party and proprietary distribution channels.

Segments

The company operates through five reportable segments: S&P Global Market Intelligence (‘Market Intelligence’), S&P Global Ratings (‘Ratings’), S&P Global Commodity Insights (‘Commodity Insights’), S&P Global Mobility (‘Mobility’), and S&P Dow Jones Indices (‘Indices’).

Market Intelligence

Market Intelligence is a global provider of multi-asset-class data and analytics integrated with purpose-built workflow solutions. Market Intelligence’s portfolio of capabilities are designed to help trading and investment professionals, government agencies, corporations and universities track performance, generate alpha, identify investment ideas, understand competitive and industry dynamics, perform valuations and manage credit risk. Key customers served by Market Intelligence include investment managers, investment banks, private equity firms, insurance companies, commercial banks, corporations, professional services firms, government agencies and regulators.

Market Intelligence includes the following business lines:

Desktop — a product suite that provides data, analytics and third-party research for global finance and corporate professionals, which includes the Capital IQ platforms (which are inclusive of S&P Capital IQ Pro, Capital IQ, Office, and Mobile products);

Data & Advisory Solutions — a broad range of research, reference data, market data, derived analytics, and valuation services covering both the public and private capital markets, delivered through flexible feed-based or API delivery mechanisms. This also includes issuer solutions for public companies, a range of products for the maritime & trade market, data and insight into Financial Institutions, the telecoms, technology, and media space, as well as energy transition and sustainability and supply chain data analytics;

Enterprise Solutions — software and workflow solutions that help the company’s customers manage and analyze data; identify risk; reduce costs; and meet global regulatory requirements. The portfolio includes industry leading financial technology solutions like Wall Street Office, Enterprise Data Manager, Information Mosaic, and iLevel. The company’s Global Markets Group offering delivers bookbuilding platforms across multiple assets, including municipal bonds, equities, and fixed income; and

Credit & Risk Solutions — commercial arm that sells Ratings’ credit ratings and related data and research, advanced analytics, and financial risk solutions which includes subscription-based offerings, RatingsXpress, RatingsDirect, and Credit Analytics.

Subscription revenue at Market Intelligence is primarily derived from distribution of data, valuation services, analytics, third party research, and credit ratings-related information through both feed and web-based channels. Subscription revenue also includes software and hosted product offerings which provide maintenance and continuous access to the company’s platforms over the contract term. Recurring variable revenue at Market Intelligence represents revenue from contracts for services that specify a fee based on, among other factors, the number of trades processed, assets under management, or the number of positions valued. Non-subscription revenue at Market Intelligence is primarily related to certain advisory, pricing conferences and events, and analytical services.

Ratings

Ratings is an independent provider of credit ratings, research, and analytics, offering investors and other market participants information, ratings, and benchmarks. Credit ratings are one of several tools investors can use when making decisions about purchasing bonds and other fixed income investments. They are opinions about credit risk and the company’s ratings express its opinion about the ability and willingness of an issuer, such as a corporation or state or city government, to meet its financial obligations in full and on time. The company’s credit ratings can also relate to the credit quality of an individual debt issue, such as a corporate or municipal bond, and the relative likelihood that the issue may default.

With offices in over 25 countries around the world, Ratings is an important part of the world’s financial infrastructure and has played a leading role for over 150 years in providing investors with information and independent benchmarks for their investment and financial decisions, as well as access to the capital markets. The key constituents Ratings serves are investors, corporations, governments, municipalities, commercial and investment banks, insurance companies, asset managers, and other debt issuers.

As the capital markets continue to evolve, Ratings is well-positioned to capitalize on opportunities, driven by continuing regulatory changes, through its global network, well-established position in corporate markets and strong investor reputation.

Ratings disaggregates its revenue between transaction and non-transaction. Transaction revenue primarily includes fees associated with:

ratings related to new issuance of corporate and government debt instruments, as well as structured finance debt instruments; and bank loan ratings.

Commodity Insights

Commodity Insights is a leading independent provider of information and benchmark prices for the commodity and energy markets. Commodity Insights provides essential price data, analytics, industry insights and software & services, enabling the commodity and energy markets to perform with greater transparency and efficiency. The commodity markets include producers, consumers, traders and intermediaries within energy, chemicals, shipping, metals, carbon, and agriculture.

Commodity Insights includes the following business lines:

Energy & Resources Data & Insights — includes data, news, insights, and analytics for petroleum, gas, power & renewables, petrochemicals, metals & steel, agriculture, and other commodities;

Price Assessments — includes price assessments and benchmarks, and forward curves;

Upstream Data & Insights — includes exploration & production data and insights, software, and analytics; and

Advisory & Transactional Services — includes consulting services, conferences, events, and global trading services.

Commodity Insights’ revenue is generated primarily through the following sources:

Subscription revenue — primarily from subscriptions to the company’s market data and market insights (price assessments, market reports and commentary and analytics) along with other information products and software term licenses;

Sales usage-based royalties — primarily from licensing the company’s proprietary market price data and price assessments to commodity exchanges; and

Non-subscription revenue — conference sponsorship, consulting engagements, events, and perpetual software licenses.

Mobility

Mobility is a leading provider of solutions serving the full automotive value chain, including vehicle manufacturers (Original Equipment Manufacturers or OEMs), automotive suppliers, mobility service providers, retailers, consumers, and finance and insurance companies.

Mobility includes the following business lines:

Dealer — includes analytics to predict future buyers, targeted marketing, and vehicle history data to allow people to shop, buy, service, and sell used cars;

Manufacturing — includes insights, forecasts and advisory services spanning the entire automotive value chain, from product planning to marketing, sales, and the aftermarket; and

Financial — includes reports and data feeds to support lenders and insurance companies.

Mobility’s revenue is generated primarily through the following sources:

Subscription revenue — Mobility’s core information products provide critical information and insights to all global OEMs, most of the world’s leading suppliers, and the majority of North American dealerships. Mobility operates across both the new and used car markets. Mobility provides data and insight on future vehicles sales and production, including detailed forecasts on technology and vehicle components; supplies car makers and dealers with market reporting products, predictive analytics and marketing automation software; and supports dealers with vehicle history reports, used car listings and service retention solutions. Mobility also sells a range of services to financial institutions, to support their marketing, insurance underwriting and claims management activities; and

Non-subscription revenue — One-time transactional sales of data that are non-cyclical in nature – and that are usually tied to underlying business metrics, such as OEM marketing spend or safety recall activity – as well as consulting and advisory services.

Indices

Indices is a global index provider maintaining a wide variety of valuation and index benchmarks for investment advisors, wealth managers, and institutional investors. Indices’ mission is to provide transparent benchmarks to help with decision making, collaborate with the financial community to create innovative products, and provide investors with tools to monitor world markets.

Indices derives revenue from asset-linked fees when investors direct funds into its proprietary designed or owned indexes, sales-usage based royalties of its indices, as well as data subscription arrangements. Specifically, Indices generates revenue from the following sources:

Investment vehicles — asset-linked fees, such as ETFs and mutual funds, that are based on the S&P Dow Jones Indices’ benchmarks that generate revenue through fees based on assets and underlying funds;

Exchange traded derivatives — generate sales usage-based royalties based on trading volumes of derivatives contracts listed on various exchanges;

Index-related licensing fees — fixed or variable annual and per-issue asset-linked fees for over-the-counter derivatives and retail-structured products; and

Data and customized index subscription fees — fees from supporting index fund management, portfolio analytics, and research.

Engineering Solutions

As of May 2, 2023, the company completed the sale of Engineering Solutions, a provider of engineering standards and related technical knowledge, and the results are included through that date.

Acquisitions

On December 31, 2024, the company completed the acquisition of ProntoNLP, a leading provider of generative artificial intelligence tooling, allowing users to derive differentiated insights from unstructured and structured data.

On May 1, 2024, the company completed the acquisition of Visible Alpha, the financial technology provider of deep industry and segment consensus data creating a premium offering of fundamental investment research capabilities on Market Intelligence’s Capital IQ Pro platform.

Dispositions

On November 1, 2024, the company completed the sale of the PrimeOne business, its outsourced technology platform servicing the global prime finance business.

On August 15, 2024, the company completed the sale of Fincentric, formerly known as Markit Digital.

History

The company was founded in 1860. It was incorporated in 1925 under the laws of the state of New York. The company was formerly known as McGraw Hill Financial, Inc. and changed its name to S&P Global Inc. in 2016.

S&P Global Questions and Answers

Which sectors generate sales and which are the top 3 markets?

Distribution of Revenues by Industry: Financial Information and Analysis: approx. 45% Market Research and Consulting: approx. 30% Risk Assessment and Credit Ratings: approx. 25% TOP 3 Markets and their Percentage Shares: USA: approx. 55% Europe: approx. 25% Asia-Pacific: approx. 15% S&P Glob...

At which locations are the company’s products manufactured?

Headquarters: New York, USA Global Presence: Over 30 countries S&P Global Inc. is a leading company in the field of financial information and analysis. It does not produce physical products, but offers services and solutions in the areas of credit ratings, benchmarks, analysis, and data. These...

What strategy does S&P Global pursue for future growth?

Revenue Growth: Estimated 8-10% annually (2025 forecast) Strategic Acquisitions: Continuation of acquiring companies to expand the data and analytics portfolio. S&P Global Inc. pursues a growth strategy that heavily focuses on strategic acquisitions and expanding its data and analytics offerings...

Which raw materials are imported and from which countries?

Raw materials/materials: No specific raw materials S&P Global Inc. is a financial services company specializing in providing credit ratings, benchmarks, and analysis. S&P Global's business model does not require physical raw materials or materials in the traditional sense needed in the manuf...

How strong is the company’s competitive advantage?

Market share: Approx. 40% in the field of financial data and analysis (2024, estimate) EBITDA margin: 48% (2024) Credit rating: A+ (2024, Standard & Poor's) S&P Global Inc. possesses a significant competitive advantage that consists of several factors. Firstly, the company holds a considerab...

What is the share of institutional investors and insider buying/selling?

Institutional investor share: approx. 85% (estimated for 2025 based on historical data) Insider purchases/sales: No significant transactions in the last year (estimated) The institutional investor share at S&P Global Inc. is traditionally high, as the company is considered an established market...

What percentage market share does S&P Global have?

Market share of S&P Global Inc.: 30% (estimated, 2025) Main competitors and their market shares: Moody's Corporation: 25% Fitch Ratings: 15% Morningstar, Inc.: 10% Bloomberg L.P.: 8% Thomson Reuters: 7% IHS Markit (now part of S&P Global): 5% S&P Global Inc. is one of the leading provi...

Is S&P Global stock currently a good investment?

Revenue growth: 6.8% (2024) Profit growth: 8.1% (2024) Market share in the financial information sector: 20% (2024) S&P Global Inc. recorded solid revenue growth of 6.8% in 2024, attributed to the ongoing demand for financial information and ratings. The company was able to increase its profit b...

Does S&P Global pay a dividend – and how reliable is the payout?

Dividend yield: 0.9% (2025, estimated) Dividend growth: 10% annually (last 5 years) S&P Global Inc. regularly pays out a dividend. The company has a strong history of dividend payments and is known for its reliability in distribution. In recent years, S&P Global has consistently increased...

S&P Global Stock Value

S&P Global Company Info

Analyst Price Target

Top growth stocks in the financials sector (5Y.)

What does S&P Global do?

S&P Global Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal