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.