
S&P Global (SPGI) Stock Forecast & Price Target
S&P Global (SPGI) Analyst Ratings
Bulls say
S&P Global's positive outlook is supported by its strong debt issuance and margin expansion, which are expected to enhance profitability through greater revenue growth. The company's focus on synergies from the IHS Markit acquisition is yielding better-than-anticipated results, further boosting its revenue and cost efficiency metrics, especially as organic revenue is projected to grow at a 12% CAGR from 2023 to 2027. Additionally, the acceleration in asset-based fees and expansion in the financial sector, coupled with significant refinancing volumes in bank loans, underscore S&P Global's solid market position and potential for ongoing growth.
Bears say
The financial outlook for S&P Global appears negative due to anticipated challenges in its ratings business, with management forecasting a sequential slowdown in issuance from the second to fourth quarter of 2024. Additionally, the expectation of continued erosion across key end markets such as financial services and automotive, coupled with muted economic growth and potential regulatory pressures, suggest a fragile environment for revenue generation. Furthermore, execution risks from recent acquisitions and potential market share loss in the market intelligence segment could further inhibit S&P Global's profitability.
This aggregate rating is based on analysts' research of S&P Global and is not a guaranteed prediction by Public.com or investment advice.
S&P Global (SPGI) Analyst Forecast & Price Prediction
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