Jefferies cuts target for S&P Global stock to USD 490.00

Jefferies cut its target for S&P Global stock from USD 525.00 to USD 490.00 on October 16, 2026, while maintaining its rating, as reported by MarketScreener. S&P Global reported third-quarter results on October 27, 2026, and its stock was trading at EUR 402.20 at Lang & Schwarz at 5:50 p.m. CEST.

Revenue growth reaches 7.00 percent

Revenue for the third quarter ended September 30, 2026, rose 7.00 percent year over year to USD 3.678 billion. GAAP diluted earnings per share increased 26.00 percent to USD 4.45, while adjusted diluted earnings per share rose 9.00 percent to USD 4.58, according to StockTitan. The figures reflect continuing operations after Mobility was reclassified as discontinued operations.

What does the margin say?

Reported operating margin reached 53.20 percent in the third quarter of 2026, an increase of 800 basis points from the prior-year quarter. Adjusted operating margin rose 60 basis points to 53.50 percent. The reported margin benefited from a gain on disposition in Energy, while the adjusted figure reflects operating improvement in Indices and Market Intelligence.

Guidance and portfolio review

S&P Global raised its 2026 adjusted diluted earnings per share guidance to USD 17.70 to USD 17.95 from USD 17.50 to USD 17.75. It also lifted organic constant-currency revenue growth guidance to 7.50 percent to 8.50 percent from 6.00 percent to 8.00 percent. The company said on October 27, 2026, that it had begun a strategic review of alternatives for Capital IQ and associated data businesses, including a potential separation, according to PR Newswire.

The next investor date tied to this release was the earnings conference call on October 27, 2026, at 8:30 a.m. EDT. The company also said it executed USD 2.60 billion in share repurchases during the third quarter and had repurchased more than USD 4.00 billion year to date.

Valuation remains part of the debate

S&P Global had a market capitalization of USD 131.8 billion and a price-to-earnings ratio of 27.30 as of October 27, 2026. Its 52-week range was USD 361.03 to USD 552.25. The current euro quotation sits within that converted trading picture, but the analyst target remains a separate USD reference.

S&P Global's mix of benchmarks, ratings, market intelligence and energy data leaves the updated outlook tied to recurring subscription growth and portfolio decisions. The third-quarter figures put revenue growth and adjusted margin expansion at the center of the investor debate.

Stock price and investor perspective

S&P Global stock was trading at EUR 402.20 at Lang & Schwarz on October 27, 2026 at 5:50 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of S&P Global stock.

Market context: Market report S&P 500.

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