$SPGI

Jefferies reduced its price target for S&P Global (SPGI) to $490 from $525, citing a lowered full-year revenue outlook of 8.1% growth. The firm expects a slowdown in Q4, reducing EPS estimates to $17.80. SPGI reported Q2 2026 revenue of $4.15B, beating estimates, but EPS missed at $4.08. Baird reiterated an Outperform rating with a $513 target. SPGI is considering a spin-off of its CapIQ data platform.

S&P Global (NYSE:SPGI) integrated Visible Alpha data into its AI Data Portal, offering broker-sourced consensus estimates and financial data for AI applications. The data covers 8,000 companies and is accessible via API. The company plans to add more complex data workflows later this year. This follows the recent addition of S&P Global Credit Ratings data to the portal.

Twenty-two state financial officers from 17 states accused S&P Global, Moody’s, and Fitch of using ESG policies in credit ratings, potentially raising borrowing costs. They cited downgrades of U.S. energy firms and high ratings for Chinese state-owned companies. The agencies did not respond. The officials demand explanations on climate risk influences and methodological changes.

JPMorgan reduced its price target for S&P Global from $530 to $520. The stock is currently trading at $409.99, down 0.53% on the day but up 3.50% year-to-date. BMO Capital also lowered its target to $500 from $505.

S&P Global (SPGI) appointed Thomas Kim as Chief Legal Officer. The move is noted for its potential impact on investment narratives. The article is general commentary, not financial advice, and does not recommend buying or selling SPGI stock.

DRW and Marex completed the first OTC swap on the Canton Network, referencing the tokenized S&P iBoxx USD Liquid Investment Grade Index. Kaiko tokenized the index, while Derivnex provided the digital representation. S&P Dow Jones Indices supplied the benchmark data. Marex (NASDAQ: MRX) and S&P Global (NYSE: SPGI) are involved. The trade marks a milestone in integrating traditional finance with digital infrastructure.

Goldman Sachs lowered its price target for S&P Global from $528 to $519. The change comes amid other updates, including the company's appointment of Thomas Kim as Chief Legal Officer.

S&P Global has appointed Thomas Kim, a legal executive with over 30 years of experience, as its new general counsel. Kim will replace Steve Kemps, who is retiring. Separately, Kraft Heinz's Angel Willis, executive vice president and global general counsel, is leaving the company for other opportunities.

S&P Global (SPGI) stock fell 12.3% over the past year, underperforming Intercontinental Exchange (ICE), which declined 2.8%. SPGI lowered its 2026 revenue growth forecast to 5.9%-7.9% and adjusted earnings to $17.50-$17.75 per share, citing the spin-off of its Mobility division. ICE raised its 2026 operating expense forecast to $5.14B-$5.18B. SPGI has lower debt-to-market-value ratio (13.4%) than ICE (24%).

Between October 6-8, 2026, five infrastructure layers for institutional stablecoins were completed, forming a stack to comply with the GENIUS Act. The reserve layer includes JPMorgan's JLTXX ($733.7M AUM) and BlackRock's BSTBL ($6.1B parent fund), with a 40% concentration limit. SAP integrated USDC and EURC into its ERP software, while Moody's and S&P provided stablecoin protocol ratings.