Morgan Stanley Has Lowered Expectations for S&P Global (NYSE:SPGI) Stock Price

Key Points

• Morgan Stanley cut its price target on S&P Global from $580 to $556 but kept an "overweight" rating, with the new target implying about a 29% upside from the current share price.
• The stock retains a consensus Buy rating with a consensus target near $558.80, though analysts' targets vary broadly (Evercore $625, Stifel $489, Wells Fargo $530), reflecting mixed views.
• S&P Global shares traded around $430.92 mid-day—below both the 50- and 200-day moving averages—and the company slightly missed quarterly EPS by $0.02 while issuing FY2026 guidance of 19.400–19.650 EPS versus analyst estimates of 17.11 EPS.

S&P Global (NYSE:SPGI - Get Free Report) had its price target cut by analysts at Morgan Stanley from $580.00 to $556.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has an "overweight" rating on the business services provider's stock. Morgan Stanley's price target points to a potential upside of 29.03% from the stock's current price.

Other equities research analysts have also issued reports about the stock. Evercore set a $625.00 target price on shares of S&P Global and gave the stock an "outperform" rating in a report on Wednesday, February 11th. Bank of America began coverage on shares of S&P Global in a report on Tuesday, February 17th. They issued a "buy" rating and a $575.00 target price for the company. Stifel Nicolaus cut their price objective on shares of S&P Global from $599.00 to $489.00 and set a "buy" rating for the company in a report on Wednesday, February 11th. Wells Fargo & Company cut their price objective on shares of S&P Global from $675.00 to $530.00 and set an "overweight" rating for the company in a report on Wednesday, February 11th. Finally, Weiss Ratings lowered shares of S&P Global from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $558.80.

S&P Global Stock Performance

NYSE:SPGI traded down $3.20 during mid-day trading on Tuesday, reaching $430.92. The company's stock had a trading volume of 433,324 shares, compared to its average volume of 2,532,489. S&P Global has a 12-month low of $381.61 and a 12-month high of $579.05. The firm's fifty day moving average price is $437.24 and its two-hundred day moving average price is $479.92. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.40. The stock has a market cap of $130.77 billion, a P/E ratio of 29.41, a PEG ratio of 1.91 and a beta of 1.20.

S&P Global (NYSE:SPGI - Get Free Report) last issued its earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share for the quarter, missing analysts' consensus estimates of $4.32 by ($0.02). S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The business had revenue of $3.92 billion during the quarter, compared to analysts' expectations of $3.89 billion. During the same period last year, the firm posted $3.77 EPS. S&P Global's quarterly revenue was up 9.0% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, equities analysts forecast that S&P Global will post 17.11 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. J.Safra Asset Management Corp bought a new position in shares of S&P Global during the 3rd quarter valued at approximately $29,000. Joseph Group Capital Management bought a new position in shares of S&P Global during the 4th quarter valued at approximately $29,000. North Star Investment Management Corp. boosted its position in shares of S&P Global by 134.6% during the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider's stock valued at $32,000 after acquiring an additional 35 shares during the last quarter. First Pacific Financial boosted its position in shares of S&P Global by 51.0% during the 3rd quarter. First Pacific Financial now owns 74 shares of the business services provider's stock valued at $36,000 after acquiring an additional 25 shares during the last quarter. Finally, Palladiem LLC bought a new stake in S&P Global in the fourth quarter worth $36,000. 87.17% of the stock is currently owned by institutional investors.

About S&P Global

S&P Global is a leading provider of financial information, analytics and benchmark indices that serve investors, issuers, corporations and public institutions worldwide. The company operates through well-known businesses that include credit ratings, market intelligence and index licensing, as well as commodity and energy information services. Its products and services are used to assess creditworthiness, inform investment decisions, construct and track benchmark portfolios, and support risk and commodity market analysis.

S&P Global Ratings provides independent credit ratings, research and data used by fixed income investors and capital market participants to evaluate issuer and transaction risk.

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