Morgan Stanley cuts target for S&P Global stock to USD 477.00
Published on 10/09/2026 at 16:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Morgan Stanley lowered its S&P Global price target from USD 525.00 to USD 477.00 on October 9, 2026 while maintaining an Overweight rating.
- Second-quarter 2026 revenue rose 10.00 percent to USD 4.15 billion, while diluted earnings per share reached USD 4.12.
- The Lang & Schwarz quote was EUR 360.90 on October 9, 2026 at 4:09 p.m. CEST, up 1.36 percent versus EUR 356.05.
- Third-quarter 2026 results are scheduled for October 27, 2026.
S&P Global (ISIN US78409V1044) was trading at EUR 360.90 at Lang & Schwarz on October 9, 2026 at 4:09 p.m. CEST, up 1.36 percent versus the prior close of EUR 356.05. On October 9, 2026, Futu reported that Morgan Stanley cut its S&P Global target from USD 525.00 to USD 477.00 while maintaining an Overweight rating.
Target cut meets solid quarterly growth
The target reduction puts the latest analyst view below the earlier USD 525.00 level, while the Lang & Schwarz price gained on the session. The contrast is material because S&P Global entered the next reporting cycle with double-digit quarterly revenue growth.
According to Ticker Scout, second-quarter 2026 revenue rose 10.00 percent from the prior-year quarter to USD 4.146 billion. GAAP net income reached USD 1.217 billion, up 14.00 percent, while GAAP diluted earnings per share increased 18.00 percent to USD 4.12.
What does the next quarter test?
The post-spin reporting base is the key issue for comparison. Ticker Scout said S&P Global restated 2026 guidance on an ex-Mobility basis for revenue growth of 5.90 percent to 7.90 percent, with GAAP diluted earnings per share guidance of USD 16.35 to USD 16.60.
The financial picture also shows sequential scale. First-quarter 2026 revenue was USD 4.171 billion, compared with USD 4.146 billion in the second quarter, while first-quarter GAAP diluted earnings per share was USD 4.69 versus USD 4.12 in the second quarter, according to Ticker Scout.
Three dated milestones shape the setup
On April 28, 2026, S&P Global reported first-quarter revenue of USD 4.171 billion, up 10.00 percent year over year, according to Ticker Scout. On July 28, 2026, second-quarter revenue reached USD 4.146 billion, up 10.00 percent.
On October 9, 2026, Morgan Stanley lowered its target from USD 525.00 to USD 477.00, while S&P Global announced that Thomas Kim will become chief legal officer on October 19, 2026, according to WOWKTV. Kim brings more than 30 years of legal experience.
Upcoming dates for S&P Global
The company is scheduled to appoint Thomas Kim on October 19, 2026, and to publish third-quarter 2026 results on October 27, 2026. The earnings date and the planned 7:15 a.m. ET release time were announced in the company's investor-relations release dated September 29, 2026, published by S&P Global.
Stock rises as target resets
The Lang & Schwarz quote was EUR 360.90 on October 9, 2026 at 4:09 p.m. CEST, up 1.36 percent versus the prior close of EUR 356.05. The primary listing is on the NYSE, where the finance quote was USD 404.34 at 10:19 a.m. EDT on October 9, 2026. The further course of trading is shown by the continuously updated real-time quote of S&P Global stock.
S&P Global stock facts
- Company: S&P Global Inc.
- ISIN: US78409V1044
- Ticker: SPGI
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 9, 2026, 4:09 p.m. CEST: EUR 360.90
- Change versus prior close: plus 1.36 percent
- Prior close Lang & Schwarz October 8, 2026: EUR 356.05
- Market capitalization: USD 119.2 billion as of October 9, 2026
- Sector / Industry: Financial Services / Financial - Data and Stock Exchanges
Market context: Market report S&P 500.
