S&P Global Price Target Raised to $419 at Oppenheimer

S&P Global Inc. (NYSE:SPGI) is a leading provider of financial information and analytics. The company offers a range of services, including credit ratings, benchmarks, and analytics for the global capital and commodity markets. SPGI's well-known services include CARFAX, ClearPar, and Notice Manager. The company competes with other financial data providers like Moody's and Fitch Ratings.

On April 29, 2025, SPGI will release its quarterly earnings before the market opens. Analysts expect earnings per share (EPS) to be $4.22, a 5.2% increase from the previous year. Revenue is projected to reach $3.71 billion, marking a 6.1% year-over-year growth. This growth is driven by strong demand for SPGI's services, as highlighted by Zacks.

SPGI has a history of surpassing earnings expectations, with an average surprise of 8.9% over the past four quarters. The Market Intelligence segment is expected to generate $1.2 billion in revenue, reflecting a 5.4% year-over-year growth. This growth is attributed to strong demand for Capital IQ Pro and increased annualized contract value.

Despite a 1.6% downward revision in the consensus EPS estimate over the past 30 days, SPGI's earnings are still anticipated to grow. Changes in earnings estimates often correlate with short-term stock price movements. The actual impact on SPGI's stock price will depend on how the reported results align with market expectations.

SPGI's financial metrics provide insight into its market valuation. The company has a price-to-earnings (P/E) ratio of 38.79 and a price-to-sales ratio of 10.60. The debt-to-equity ratio is 0.36, indicating moderate debt levels. The current ratio of 0.85 suggests SPGI's ability to cover short-term liabilities with short-term assets.

S&P Global Inc. (NYSE:SPGI) is a leading provider of financial information and analytics. The company offers a range of services, including credit ratings, benchmarks, and analytics for the global capital and commodity markets. SPGI's well-known services include CARFAX, ClearPar, and Notice Manager. The company competes with other financial data providers like Moody's and Fitch Ratings.

On April 29, 2025, SPGI will release its quarterly earnings before the market opens. Analysts expect earnings per share (EPS) to be $4.22, a 5.2% increase from the previous year. Revenue is projected to reach $3.71 billion, marking a 6.1% year-over-year growth. This growth is driven by strong demand for SPGI's services, as highlighted by Zacks.

SPGI has a history of surpassing earnings expectations, with an average surprise of 8.9% over the past four quarters. The Market Intelligence segment is expected to generate $1.2 billion in revenue, reflecting a 5.4% year-over-year growth. This growth is attributed to strong demand for Capital IQ Pro and increased annualized contract value.

Despite a 1.6% downward revision in the consensus EPS estimate over the past 30 days, SPGI's earnings are still anticipated to grow. Changes in earnings estimates often correlate with short-term stock price movements. The actual impact on SPGI's stock price will depend on how the reported results align with market expectations.

SPGI's financial metrics provide insight into its market valuation. The company has a price-to-earnings (P/E) ratio of 38.79 and a price-to-sales ratio of 10.60. The debt-to-equity ratio is 0.36, indicating moderate debt levels. The current ratio of 0.85 suggests SPGI's ability to cover short-term liabilities with short-term assets.

Deutsche Bank analysts provided their key takeaways from S&P Global Inc. (NYSE:SPGI) Investor Day. The company unveiled its new strategic vision and medium-term targets indicating higher investments and revenue synergies in six key areas including private markets, sustainability, climate, energy transition, credit and risk management, and emerging markets. By division, the company expects 7-9% annual growth in Market Intelligence, Commodity Insights, and Mobility segments, 6-9% growth in Ratings, and over 10% growth in Indices.

The analysts see growth targets as achievable – and appreciate the company's strategic approach towards investments to accelerate growth over the next 3-4 years. The company clarified that its 7-9% growth targets are not meant to be CAGRs but are anticipated growth rates by 2025/2026.

The analysts raised their price target to $379 from $362 while maintaining their Buy rating.

S&P Global Inc. (NYSE:SPGI) has meaningful upside potential with the merger deal with INFO, which is expected to close in Q4/21, subject to regulatory approval.

Analysts at Oppenheimer believe that even after the strong run recently, there is an additional upside to the company if the deal goes through. They believe that the risk that the deal would be blocked, especially under current heightened regulatory concerns, is still minimal.

Oppenheimer increased its price target on the company’s shares to $550 from $476, maintaining its outperform rating. Even though the company is widely known as one of the largest rating agencies in the world, the non-rating agency businesses actually generate over 50% of revenue, and the brokerage believes it is much more than a rating agency and strives to become a benchmark business.

S&P Global Inc. (NYSE:SPGI) has meaningful upside potential with the merger deal with INFO, which is expected to close in Q4/21, subject to regulatory approval.

Analysts at Oppenheimer believe that even after the strong run recently, there is an additional upside to the company if the deal goes through. They believe that the risk that the deal would be blocked, especially under current heightened regulatory concerns, is still minimal.

Oppenheimer increased its price target on the company’s shares to $550 from $476, maintaining its outperform rating. Even though the company is widely known as one of the largest rating agencies in the world, the non-rating agency businesses actually generate over 50% of revenue, and the brokerage believes it is much more than a rating agency and strives to become a benchmark business.