Morgan Stanley cuts target for S&P Global stock to USD 477.00
Published on 10/12/2026 at 12:34 | 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 7, 2026.
- Second-quarter 2026 pro forma revenue rose 11.00 percent to USD 3.68 billion, while adjusted earnings per share increased 23.00 percent.
- S&P Global stock was trading at EUR 366.20 at Lang & Schwarz on October 12, 2026 at 12:30 p.m. CEST.
- Third-quarter 2026 results are scheduled for October 27, 2026, with the release planned for 7:15 a.m. Eastern Daylight Time.
S&P Global (ISIN US78409V1044) was trading at EUR 366.20 at Lang & Schwarz on October 12, 2026 at 12:30 p.m. CEST. The key company event is Morgan Stanley's October 7 target cut from USD 525.00 to USD 477.00, while the latest quarterly figures show double-digit revenue growth.
Target cut sets the tone
According to Markets Insider on October 7, 2026, Morgan Stanley lowered its S&P Global target from USD 525.00 to USD 477.00 and kept an Overweight rating. The analyst cited weaker third-quarter issuance after strong rate increases and difficult comparisons.
On the NYSE, S&P Global was last at USD 407.82 on October 9, 2026 at 4:00 p.m. ET. That places the Morgan Stanley target USD 69.18 above the latest primary-exchange price, but the euro quote and the US dollar quote are separate market references.
Three events shape the timeline
On July 28, 2026, S&P Global reported second-quarter GAAP revenue of USD 4.15 billion, up 10.00 percent year over year, and GAAP diluted earnings per share of USD 4.12, up 18.00 percent, according to TickerScout.
On September 16, 2026, Zacks reported that second-quarter adjusted earnings per share rose 23.00 percent to USD 4.83 and pro forma revenue increased 11.00 percent to USD 3.68 billion. Recurring revenue grew 8.00 percent, while benchmark product revenue advanced 15.00 percent.
The sequence matters because the target reduction followed a quarter in which revenue and recurring products expanded, leaving valuation and issuance trends as the main points of debate.
What dates matter next?
S&P Global's next scheduled event is the third-quarter 2026 results release on October 27, 2026, at approximately 7:15 a.m. Eastern Daylight Time, according to S&P Global in its September 29, 2026 release. The company plans to host its conference call at 8:30 a.m. Eastern Daylight Time.
Thomas Kim is scheduled to become chief legal officer on October 19, 2026, according to Markets Insider. The October 27 report will provide the next direct test of the growth and issuance assumptions behind the revised target.
Stock trades at EUR 366.20
At Lang & Schwarz, S&P Global was trading at EUR 366.20 on October 12, 2026 at 12:30 p.m. CEST. The primary listing is on the NYSE, where the stock was last at USD 407.82 on October 9, 2026 at 4:00 p.m. ET.
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 12, 2026, 12:30 p.m. CEST: EUR 366.20
- Market capitalization: USD 120.2 billion as of October 9, 2026
- 52-week range: USD 361.03-552.25 as of October 9, 2026
- Sector / Industry: Financials / Financial Data and Stock Exchanges
- Index membership: S&P 500
- Next earnings date: October 27, 2026
Market context: Market report S&P 500.
