Why S&P Global stock moves
S&P Global fell slightly without a company-news explanation.
Written after the close on ·
Why today
16,437 news analyzed todayS&P Global fell slightly without a company-news explanation.
The S&P 500 rose slightly that session, so the stock moved against the market and more than its sector.
Over the last five trading days the stock was roughly unchanged while the S&P 500 fell sharply, so it held up better than the market.
Analysts raised their price targets, the share prices they see as fair, on the stock in the last session.
Likely the broader selling in financial shares weighed, but the company's strong quarterly results from last week and its planned strategic review of its Capital IQ data business still support the stock.
Today's move of −0.98% was 0.8 times a normal day's 1.2%. S&P 500 moved +0.31% on the same day.
S&P Global −0.98%S&P 500 +0.31%Against the market
What analysts expect, and how often they have been right
Analysts’ estimates for S&P Global.
S&P Global earned more than expected in 6 out of 8 reports.
For comparison, about 82% of reports from US companies beat the estimate in the last three years.
The share moved in the same direction as the earnings surprise in 6 out of 8 reports with a measured move, against about 55% of reports from US companies.
Ratings
Price targets
Latest price $467.80
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expected$
Next reported quarter: expected earnings per share of $4.01 (February 9). For the current fiscal year, expected earnings per share changed from $17.92 three months ago to $17.95 now. 2026 estimate: $17.95. 2027 estimate: $20.18.
Has the share price followed the business?
Price and earnings moved in the same direction: 2 out of 3 years. Across US companies, that happens in about 65% of years. In 2025, the price changed +5% and earnings per share +19%.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.$B
Assets, liabilities and market cap
AssetsLiabilitiesMarket cap$B
Price and earnings moved in the same direction: 2 out of 3 years.Market cap (Now): $135.6BRevenue 2025: $15.3B
What the key figures say about S&P Global
The figures connect what S&P Global earns with what investors pay.
The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: $8.23–$14.66. Peers: CME Group $12.20, Intercontinental Exchange $7.34, Moody's $16.39. 2026 estimate: $17.95 ($17.74–$18.78). 2027 estimate: $20.18 ($19.63–$20.91).
What the company sold during the year.
2022–2025: $11.2B–$15.3B. Peers: CME Group $7.0B, Intercontinental Exchange $10.9B, Moody's $8.2B. 2026 estimate: $14.7B ($14.6B–$14.7B). 2027 estimate: $15.7B ($15.5B–$15.9B).
The percentage of revenue left after the costs of running the business.
2022–2025: 27.0%–40.3%. Peers: CME Group 65.7%, Intercontinental Exchange 41.5%, Moody's 45.9%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: 7.7%–14.4%. Peers: CME Group 16.1%, Intercontinental Exchange 14.4%, Moody's 76.7%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 31.1–50.6. Peers: CME Group 25.1, Intercontinental Exchange 23.5, Moody's 30.9. 2026 estimate: 26.1. 2027 estimate: 23.2.
What investors pay for each unit the company sells.
2022–2025: 9.32–10.50. Peers: CME Group 15.74, Intercontinental Exchange 8.82, Moody's 10.66. 2026 estimate: 9.23. 2027 estimate: 8.64.
Money paid to shareholders per share, summed by calendar year.
2017–2025: $1.55–$3.63.
The ordinary yearly dividend as a percentage of the share price.
2022–2025: 0.7%–1.0%. Peers: CME Group 1.7%, Intercontinental Exchange 1.2%, Moody's 0.8%.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: 1.51–2.08. Peers: CME Group 0.31, Intercontinental Exchange 3.29, Moody's 1.48.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 2.87–4.75. Peers: CME Group 4.12, Intercontinental Exchange 3.22, Moody's 26.68.
Market cap plus net debt, divided by operating earnings. This includes debt.
2022–2025: 22.9–35.4.
Cash left after investments, divided by the number of shares.
2022–2025: $7.64–$18.26. Peers: CME Group $12.11, Intercontinental Exchange $8.64, Moody's $17.27.
The percentage of assets financed by shareholders’ equity.
2022–2025: 50.9%–58.9%.
The dividend explained
A dividend is money paid to shareholders. S&P Global paid $3.71 per share in the twelve months through November 6, 2026.
On the ex-dividend day, August 26, 2026, S&P Global traded without the right to the $0.97 dividend. The price went from $432.99 to $436.49; including the dividend, the day's change was +1.0%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: $1.552018: $1.892019: $2.162020: $2.542021: $2.912022: $3.142023: $3.412024: $3.442025: $3.632026 so far: $2.81
What to watch next, and why
From the ex-day, S&P Global trades without entitlement to the next dividend.
- The dividend explained
From the ex-day, S&P Global trades without entitlement to the next dividend.
- Earnings report
The earnings report shows how S&P Global's revenue and profit have changed.
Add to calendar
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days S&P Global usually moved about 3.9%. On a normal day it moves 1.2%.
−0.38% −3.52% −0.86% −9.71%
$10,000 in S&P Global bought on November 7, 2016 is worth $42,900 today, with dividends reinvested.
The same amount in S&P 500 with dividends would have become $40,400.
What would $10,000 in S&P Global be worth today? →
What would $10,000 in S&P Global be worth today?
$42,900
with dividends reinvested, bought on November 7, 2016. The same amount in S&P 500 with dividends would have become $40,400.
At worst it was worth $8,600 (December 30, 2016).
The five biggest days of the journey
· −15.2% · the whole market fell 5.2% the same day
· +13.9% · the whole market rose 9.4% the same day
· +12.0% · the whole market rose 9.3% the same day
· −11.3% · the whole market fell 0.8% the same day
· −10.5% · the whole market fell 7.6% the same day
Earlier days
+0.27% market −2.70% S&P Global shares were roughly flat over the week, moving less than the market, which fell sharply. Read →
S&P Global shares were roughly flat over the week, moving less than the market, which fell sharply.
Analysts Argus Research and Autonomous Research each raised their price targets, the share price they see as fair, on Friday 6 November.
The company's last quarterly report on 27 October had beaten expectations, and it already set a higher revenue forecast.
Investors will watch the next earnings report on Tuesday 9 February 2027.
−1.93% market −4.41% S&P Global fell clearly without a company-news explanation. Read →
S&P Global fell clearly without a company-news explanation.
Over the same day the S&P 500 fell very sharply, so the stock moved less than the market.
Over the last five trading days, S&P Global rose clearly, while the S&P 500 fell very sharply, so it moved against the market.
Its own quarterly results beat expectations last week, with revenue up 7% and a plan to separate its Capital IQ data businesses.
Investors may have been weighing the market-wide selloff and the strategic review, though the news does not clearly explain the day's drop.
+3.36% market +1.65% S&P Global rose, moving more than the S&P 500, which rose too. Read →
S&P Global rose, moving more than the S&P 500, which rose too.
Over the last five trading days the shares rose sharply while the S&P 500 fell slightly, so the stock moved against the market.
The rise is big for the stock, a very rare move over the past year.
Its latest close is below its highest close of the past year, set in mid January.
−1.92% market +0.30% S&P Global fell, moving against a market that rose slightly. Read →
S&P Global fell, moving against a market that rose slightly.
Over the last five trading days, the stock rose clearly while the S&P 500 fell clearly.
Its sector, Financial Services, also rose clearly over that period.
The stock's latest close sits below its highest close of the past year, reached in mid January, and well above its lowest, reached in mid February.
+1.28% market −1.77% S&P Global rose, while the S&P 500 fell sharply. Read →
S&P Global rose, while the S&P 500 fell sharply.
The stock moved against both the market and its sector that day.
Earlier this week, the company beat earnings expectations and began a strategic review of its Capital IQ data units.
The review may lead to a separation of those businesses, which investors may be weighing.
+3.61% market −0.56% S&P Global rose clearly over the past five trading days, moving against a slightly lower S&P 500 and outpacing its Financial Services sector. Read →
S&P Global rose clearly over the past five trading days, moving against a slightly lower S&P 500 and outpacing its Financial Services sector.
Likely driver: quarterly earnings released on Tuesday 27 October beat expectations, and management announced a strategic review of its Capital IQ data business, which may lead to a separation.
The move is not unusually large for the stock, and trading volume was around its usual level.
The stock remains below its highest close of the past year, reached in mid January.
+2.52% market −0.38% S&P Global rose, against a slightly lower S&P 500. Read →
S&P Global rose, against a slightly lower S&P 500.
The move looks partly tied to the strategic review of Capital IQ and associated data businesses, announced with third-quarter results, though news from the session itself gives no clear single cause.
Investors may be reacting to the planned possible separation, which could sharpen focus on those businesses, and to results that beat expectations.
Over the last five trading days the shares rose slightly, a little more than the S&P 500 and the Financial Services sector fund, after a wide swing from the year's high in mid January to its low in mid February.
Next, the company's full-year and quarterly results come on Tuesday 9 February 2027.
−0.62% market −0.52% S&P Global fell slightly, with no company news explaining the move. Read →
S&P Global fell slightly, with no company news explaining the move.
Over the same day the S&P 500 fell clearly, so it moved in line with the market.
The shares rose sharply over the last five trading days while the S&P 500 fell slightly.
Its move was an ordinary size for the stock, and it traded around its usual volume.
Likely drivers are broader market weakness and gains from earlier sector-wide data, but no single company event explains the day.
+4.81% market −0.43% S&P Global rose sharply over the last five trading days, while the broader market slipped slightly, so it moved against the market. Read →
S&P Global rose sharply over the last five trading days, while the broader market slipped slightly, so it moved against the market.
The rise likely reflects investor confidence in its data and ratings business, though no single company event clearly explains it.
The stock also outpaced its sector, which rose only slightly.
Its next earnings report, the quarterly results it publishes, is due on Tuesday 27 October, which is the key event to watch.
+2.24% market −1.18% S&P Global rose sharply, moving against a slightly lower S&P 500. Read →
S&P Global rose sharply, moving against a slightly lower S&P 500.
It rose clearly more than its sector, the Financial Services group, which also gained.
No company news from the last session clearly explains the move.
The stock still traded on heavy volume, about twice its usual level, so buyers were active.
Over the last five trading days the stock rose sharply, a big move for it.
+1.15% market +0.53% S&P Global rose clearly, moving more than the S&P 500 and its sector. Read →
S&P Global rose clearly, moving more than the S&P 500 and its sector.
Over the last five trading days, the stock rose very sharply, a rare move for it.
Likely drivers include renewed interest in its data and AI-related business, but this is not confirmed.
The next earnings report is due Tuesday 27 October.
+2.41% market +0.34% S&P Global rose sharply. Read →
S&P Global rose sharply.
The last session's company news came out either alongside the session or after it closed, so none clearly explains the move.
Over the last five trading days the stock rose sharply, which is about three times its usual five-day swing and a rare move.
The S&P 500 fell clearly over the same days, so the stock moved against the broader market, likely reflecting investors favouring company-specific strength.
Its trading volume was around its usual level, so the move came without unusual activity.
+1.14% market −1.11% S&P Global rose slightly, bucking a clearly weaker S&P 500, with no clear company-specific trigger in the news from that day. Read →
S&P Global rose slightly, bucking a clearly weaker S&P 500, with no clear company-specific trigger in the news from that day.
Over the last five trading days the stock rose sharply while the S&P 500 fell clearly, so it clearly outperformed the market and its sector.
Watch the next earnings report on Tuesday 27 October 2026, which will show how revenue is tracking against the outlook.
+3.97% market +0.28% S&P Global rose sharply, and the most likely reason is its launch of Visible Alpha data on its AI Data Portal, a move that suggests the company is extending its data business into AI tools. Read →
S&P Global rose sharply, and the most likely reason is its launch of Visible Alpha data on its AI Data Portal, a move that suggests the company is extending its data business into AI tools.
Over the last five trading days the stock rose sharply while the broader market was roughly flat, so this was a company-specific gain rather than a market-wide one, and it also outpaced the Financial Services sector, which rose clearly.
The rise likely reflects investors reacting positively to that AI-related product addition, though the news alone does not prove it was the sole driver.
The next earnings report is due Tuesday 27 October 2026, which is the next event to watch.
Learn more · Why do stocks go up and down?