Is S&P Global Stock Underperforming the S&P 500?

With a market cap of $128.5 billion, S&P Global Inc. (SPGI) is a leading provider of credit ratings, benchmarks, analytics, and workflow solutions across global capital, commodity, and automotive markets. The company operates through five key segments: Market Intelligence, Ratings, Energy, Mobility, and S&P Dow Jones Indices. 

Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and S&P Global fits this criterion perfectly. Its offerings range from multi-asset-class data platforms and enterprise software solutions to independent credit ratings, commodity price benchmarks, and automotive industry insights.

Shares of the New York-based company have declined 20.3% from its 52-week high of $552.25. Over the past three months, its shares have increased 4.6%, outperforming the broader S&P 500 Index’s ($SPX) marginal rise during the same period.

SPGI stock is down 14.2% on a YTD basis, lagging behind SPX's 11.5% gain. Longer term,  shares of the independent ratings and analytics provider have dipped 18.3% over the past 52 weeks, compared to 18.2% return over the same time frame.

Despite a few fluctuations, the stock has been trading below its 200-day moving average since last year.

S&P Global shares fell 3.5% on Jul. 28 despite solid Q2 2026 results as the newly issued 2026 adjusted EPS guidance of $17.50 - $17.75 and revenue growth outlook of 5.9% - 7.9% raised concerns about slower growth following the Mobility spinoff. Q2 pro forma revenue rose 11% to $3.68 billion and adjusted EPS increased to $4.83, but growth was uneven across businesses, with Energy revenue up only 2% and Market Intelligence up 6%.

The July 1 Mobility spinoff also made the new pro forma results difficult to compare with prior periods and consensus estimates, adding uncertainty.

In comparison, rival Berkshire Hathaway Inc. (BRK.B) has shown a less pronounced decline than SPGI stock. BRK.B stock has declined marginally YTD and over the past 52 weeks.

Despite S&P Global’s underperformance, analysts remain strongly optimistic about its prospects. The stock has a consensus rating of “Strong Buy” from 26 analysts in coverage, and the mean price target of $521.74 is a premium of 18.5% to current levels.

On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.