S&P Global Inc. Stock Price Targets

Comprehensive analysis of short, mid, and long-term price targets for S&P Global Inc. (SPGI).

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Give me a comprehensive price target analysis for S&P Global Inc. (SPGI).

Below is a comprehensive SPGI analysis with three horizontal price targets drawn on the chart (Low, Median, High). I used a model-based approach to establish three target levels in the absence of published consensus targets in your data. All numerical data is presented in Markdown tables as requested.

Price Target Lines Plotted

  • Low Target: 482.70 (color: green) drawn from 2025-10-10 to 2025-11-09
  • Median Target: 560.07 (color: blue) drawn from 2025-10-10 to 2025-11-09
  • High Target: 675.78 (color: orange) drawn from 2025-10-10 to 2025-11-09
  • These lines are based on forward EPS assumptions and multiple ranges described in the Price Target Analysis section.

Executive Summary

  • SPGI remains a high-quality information services company with robust profitability and strong cash generation. The stock shows a solid moat in data and analytics with durable margins, but near-term price action has been pressured given a mix of macro concerns and a pullback in broader markets.
  • The forward-looking view supports disciplined upside, driven by continued revenue growth, high operating margins, and favorable EPS revisions. Valuation appears reasonable on a 12-month basis given a forward P/E around ~29x, but upside requires sustained earnings momentum and multiple support.

Fundamental Analysis

  • Key metrics (selected table) | Metric | Value | |---|---| | Current Price | 487.61 | | Market Cap | 148,867,334,144 USD ($149B) | | Enterprise Value | 162,024,882,176 USD ($162B) | | Trailing P/E | 37.42x | | Forward P/E | 29.01x | | PEG Ratio | N/A | | Price to Book | 4.4584x | | Return on Equity (ROE) | 11.29% | | Return on Assets (ROA) | 6.26% | | Profit Margin | 27.29% | | Gross Margin | 69.56% | | Operating Margin | 42.69% | | Debt to Equity | 31.65x | | Total Cash | 1.847B | | Total Debt | 12.015B | | Dividend Yield | 0.80% | | Five-Year Avg Dividend Yield | 0.81% | | Beta | 1.189 |
  • Commentary
    • Leverage and liquidity: SPGI carries moderate leverage with debt to equity ~32x and net debt roughly in the ballpark of debt minus cash. Cash generation appears robust, and the company maintains a modest dividend yield in line with long-run averages.
    • Profitability: Very healthy margins (gross ~69.6%, operating ~42.7%, net margin ~27.3%), underscoring pricing power and cost discipline.
    • Valuation: Trailing P/E is elevated (~37x) relative to forward P/E (~29x), indicating a potential shift in expectations as the market prices in growth and certainty. The company trades at a premium to book value (~4.46x).

Earnings Analysis Recent Earnings Summary (selected data)

  • Total Revenue: 3.755B (2025-06-30) vs 3.777B (2025-03-31) vs 3.592B (2024-12-31) // 2024-06-30: 3.545B
  • Operating Income: 1.537B (2025-06-30) vs 1.567B (2025-03-31) vs 1.259B (2024-12-31)
  • EBITDA: 1.875B (2025-06-30) vs 1.867B (2025-03-31)
  • Net Income (Continuing Ops): 1.072B (2025-06-30) vs 1.090B (2025-03-31)
  • Diluted EPS: 3.50 (2025-06-30) vs 3.54 (2025-03-31)
  • Diluted EPS (QoQ and YoY context): The latest quarter EPS of 3.50 is slightly below the prior quarter (3.54), but this needs to be viewed in the context of a multi-quarter normalization in professional services and data-enabled solutions.
  • Normalized EBITDA: ~1.849B (2025-06-30) vs ~1.877B (2025-03-31)

Earnings Snapshot (EPS Trend)

  • 0q: 4.3186
  • +1q: 4.1556
  • 0y: 17.2833
  • +1y: 19.3080

EPS Trend interpretation

  • The EPS trend demonstrates a multi-quarter cadence with modest near-term normalization from the last reported quarter, while the year-over-year trend shows a meaningful uplift (0y ~17.28; +1y ~19.31 expected). The +1y figure implies a roughly 12-12.5% forward EPS growth trajectory on a 12-month horizon, assuming stable revenue momentum and margin retention.

EPS Revisions (analyst sentiment changes) Period | Up last 7 days | Up last 30 days | Down last 30 days | Down last 7 days

  • 0q | 1 | 2 | 2 | 0

  • +1q | 1 | 3 | 0 | 0

  • 0y | 1 | 5 | 2 | 1

  • +1y | 1 | 6 | 1 | 1

  • Interpretation: Analysts have been more inclined to raise EPS estimates across both near-term and longer-term horizons, with more upward revisions than downward over the periods shown. This bodes positively for multiple expansion if other drivers hold.

Technical Analysis Current price action and key levels

  • Price: 487.61

  • 50-day Moving Average (last observed around early Oct 2025): ~531.0

    • The stock is trading well below the 50-day moving average, indicating a near-term negative momentum or consolidation bias.

  • RSI (14): ~32.9 (late Sep–early Oct 2025 window)

    • RSI in the low 30s suggests the stock was oversold, implying potential for near-term rebound if catalysts arise.

  • MACD (12,26,9): Negative as of the latest data

    • The MACD line is below the signal line, illustrating bearish momentum; potential reversal would require MACD to cross above signals.

  • 50-day MA trend: The 50-day MA has been drifting lower through late Sep into early Oct, indicating pressure on the near-term chart.

Analyst Consensus & Price Targets

  • Analyst Price Targets: Not provided in the data you supplied (Analyst Price Targets: {}).
  • Coverage: Not specified in the data set; no official target distribution is available here.
  • Implication: Without published consensus targets, the three model-driven price targets (482.70, 560.07, 675.78) are the primary reference for near/medium/long-term upside.

Price Target Analysis (Short, Mid, Long-Term) Methodology note

  • Base assumption: Forward EPS (0y to +1y) is ~19.31, with forward P/E around 29x as per the data. Using 25x, 29x, and 35x multiples provides a defensible, scenario-based target ladder given SPGI’s earnings trajectory and margin profile. These are not official consensus targets but are grounded in the current forward earnings trajectory and a reasonable multiple range for a high-quality, cash-generative financial information firm.

Short-Term Target (3 months)

  • Target: 525.00 USD (model-based approximation around the near-term price pathway)
  • Rationale:
    • Near-term oversold condition (RSI ~32.9) and potential for a relief rally.
    • Price would need to regain some upside momentum to challenge the 50-day MA (~531) as a potential catalyst for a short-term re-rating.
    • Key drivers: modest EPS acceleration, any positive earnings commentary, and macro stabilization that could support a risk-on environment.
  • This is a tactical target; the drawn lines (Low and High lines) reflect broader horizon targets but the 3-month target sits between the current price and the midline.

Mid-Term Target (12 months)

  • Target: 560.07 USD (Median line)
  • Rationale:
    • Forward EPS ~19.31 supports a mid-range multiple near the forward P/E of ~29x.
    • With EPS revisions skewing positive and margins holding in the 40%+ area, a valuation around 29x–30x appears reasonable for SPGI given quality and growth prospects.
    • The calculated 12-month target of ~560 aligns with modest multiple expansion and the expected EPS trajectory.
  • This is the central scenario anchored by forward multiples and the EPS growth outlook.

Long-Term Target (3+ years)

  • Target: 675.78 USD (High line)
  • Rationale:
    • If multiple expansion occurs (approaching 35x) and EPS trajectory remains intact (forward ~19.3–20.0+ over the next few years), a price around the 675–700 range becomes plausible.
    • Structural advantages (pricing power, high-margin earnings, diversified data & analytics offerings) support a long-horizon upside, albeit with typical equity-market risk.
  • This is a bull-case scenario anchored by stronger multiple support and sustained earnings growth.

Key Risks & Opportunities

  • Key Risks

    • Macro sensitivity: While SPGI's business is relatively resilient, economic downturns can impact enterprise demand for data, analytics, and risk/compliance solutions.
    • Valuation risk: The stock trades at a premium on trailing P/E; any deceleration in earnings or weaker revisions could compress multiple.
    • Competitive pressure: While SPGI has a strong moat, competition from other data providers and shifts in technology platforms could affect pricing power.
    • Regulatory and geopolitical considerations: Data-related businesses can be sensitive to policy/regulation shifts impacting data access and costs.

  • Key Opportunities

    • Earnings revisions positive: Consistent upward EPS revisions (as shown in the data) can support multiple expansion.
    • Margin stability: Strong gross and operating margins provide cushion for earnings upside even if revenue growth modestly slows.
    • Buyback and capital allocation: If SPGI engages in disciplined capital allocation and modest buybacks, it can support earnings per share and the stock’s multiple.

Investment Recommendation

  • View: Hold to Moderate Buy
  • Time horizon: 12–24 months
  • Rationale:
    • The stock offers high-quality earnings and margins, with a favorable long-term growth profile.
    • Near-term risk factors (oversold condition, MACD negative signal) could be countered by continued EPS revisions and stable cash flow.
    • The model-based price targets imply potential upside from current levels, particularly if the market sustains a higher multiple on forward earnings.

Expected Return Potential (12–24 months)

  • Base case scenario (mid-term target around 560): approximately 15% upside from 487.61.
  • Short-term upside (to ~525): roughly 8% upside.
  • Long-term bull-case (to ~676): roughly 39% upside.
  • Overall, a wide potential return band depending on multiple discipline, EPS momentum, and market sentiment.

Notes on Data and Benchmarks

  • The data you provided include robust earnings components (Total Revenue, EBITDA, Operating Income, Net Income, and EPS trends). The EPS revisions data show a tilt toward upward revisions across multiple periods, reinforcing a constructive medium-to-long-term earnings path.
  • Technical context confirms near-term pressure (price below 50-day MA; RSI in oversold territory; negative MACD) but with upside potential if near-term momentum improves.
  • Official consensus targets were not provided in the data (Analyst Targets: {}), so the three targets above are model-based, grounded in the forward EPS trajectory and reasonable multiples given SPGI’s profile.

Appendix: Data References (selected)

  • Price and valuation: current price 487.61; forward P/E 29.01x; P/B 4.46x; gross margin 69.56%; operating margin 42.69%; net margin 27.29%; ROE 11.29%; debt to equity 31.65; cash 1.85B; total debt 12.01B; dividend yield 0.80%; beta 1.189.
  • Earnings snapshot: 2025-06-30 quarter: Revenue 3.755B; EPS 3.50 (diluted); Net Income 1.072B; EBITDA 1.875B; Operating Income 1.538B.
  • EPS trend (current-quarter to +1-year): 0q 4.3186; +1q 4.1556; 0y 17.2833; +1y 19.3080.
  • EPS revisions: Up last 7d: 1; Up last 30d: 2 (0q); Up last 30d: 3 (for +1q); Long-run revisions remain positive (0y and +1y), supporting an optimistic earnings trajectory.
  • Technical indicators: 50-day MA around 531–540 region in late Sep/early Oct; RSI around 30s–40s in the period; MACD negative in the most recent data.

If you’d like, I can:

  • Re-run the analysis using any specific target inputs you provide (Low/Median/High).
  • Update targets as soon as you supply alternative consensus numbers or adjust the multiple assumptions (e.g., using 25x/30x/35x instead of the current set).
  • Add a chart vignette that tabulates potential returns under alternate scenarios (e.g., 25x, 29x, 35x forward multiples) across a 12–36 month horizon.
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