Independent equity research
Is S&P Global (SPGI) a Buy, Hold or Sell?
S&P Global — our independent, AI-built valuation and rating, in brief.
HOLD
12-mo fair value
$475.00
To fair value
+11%
Report dated 2026-07-04 · fair value derived independently of the market price.
The thesis, in brief
Wide-moat toll road on capital markets, freshly simplified by the July 1 Mobility spin; the +14% post-spin pop already harvested the easy re-rating; remaining upside is a bet on multiple persistence. Accumulate on weakness
How we value it
We value S&P Global using Reverse DCF / FCFE (9.3% COE, g 3%) + fwd P/E. The 12-month fair value is set from that intrinsic estimate first, then compared to the market to read the upside or downside — never anchored to the current price.
What the full report covers
- Business & moat + industry cycle
- Earnings quality & normalized EPS
- Returns on capital (ROIC vs WACC)
- Balance-sheet safety
- Two independent valuations (DCF + multiples)
- Bear / base / bull fair values
- Earnings-call analysis
- Insider activity & positioning
- Technicals (RSI / ADX)
- A falsifiable thesis
Read the full S&P Global report
The complete model, the scenarios, and every number behind the call — plus 38 other names. One subscription, cancel anytime.