S&P Global Inc. ($SPGI) Stock Forecast: Down 5.2% Today

What is S&P Global Inc.?

S&P Global Inc. (SPGI) is a leading provider of financial market intelligence, known for its strong segmental performance and shareholder-friendly initiatives. Today, the stock experienced a significant bearish movement amidst market volatility.

Why is S&P Global Inc. going down?

SPGI stock is down 5.2% on Apr 9, 2025 14:25

• SPGI stock might have declined due to the overall market sentiment following recent announcements of aggressive tariffs, leading investors to seek safe-haven assets like gold.
• The oversold financial sector stocks could have diverted investor attention away from SPGI, impacting its stock price negatively.
• Despite positive reasons outlined to retain SPGI stock, the supply-chain disruptions could have contributed to the bearish movement.
• The offering of covered bonds by another financial institution might have attracted investors away from SPGI, affecting its stock performance negatively.

SPGI Price Chart

SPGI Technical Analysis

SPGI News

Top 3 Financial Stocks That Could Blast Off In April - First Commonwealth ( NYSE:FCF ) , Gladstone Inv ( NASDAQ:GAIN )

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down.

https://www.benzinga.com/trading-ideas/long-ideas/25/04/44707561/top-3-financial-stocks-that-could-blast-off-in-april

Landsbankinn hf.: Offering of covered bonds

Landsbankinn will offer covered bonds for sale via auction held on Thursday 10 April at 15:00. Two series will be offered for sale, a non-indexed series LBANK CB 29 and an inflation-linked series, LBANK CBI 31.

https://www.globenewswire.com/news-release/2025/04/09/3058186/0/en/Landsbankinn-hf-Offering-of-covered-bonds.html

Reasons Why You Should Retain SPGI Stock in Your Portfolio Now

Strong segmental performance and shareholder-friendly initiatives are boosting S&P Global's prospects. However, supply-chain disruption is a major headwind.

https://www.zacks.com/stock/news/2440794/reasons-why-you-should-retain-spgi-stock-in-your-portfolio-now

Safe-haven gold hits record peak as Trump announces sweeping tariffs - ETCFO

Gold surged to a record high as investors sought safe-haven assets following President Trump's announcement of aggressive tariffs. The new tariffs, including a 10% baseline on all U.S. imports and higher duties on vehicles, have exacerbated global trade tensions and heightened market uncertainty.

https://cfo.economictimes.indiatimes.com/news/economy/safe-haven-gold-hits-record-peak-as-trump-announces-sweeping-tariffs/119925819

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S&P Global Inc. Price History

28.07.2024 - SPGI Stock was down 0.2%

• The bearish movement in SPGI stock today could be attributed to:
• Rising expenses despite benefiting from acquisitions, which might have impacted profit margins negatively.
• The news of considering the sale of joint venture OSTTRA with CME Group could have led to uncertainty among investors, causing a sell-off.
• Hedge fund sentiment possibly shifting away from SPGI compared to other S&P 500 dividend aristocrats, affecting market confidence in the stock.
• Overall, these factors might have contributed to the bearish trend in SPGI's market movement today.

04.03.2025 - SPGI Stock was down 6.5%

• The bearish movement in SPGI stock today could be attributed to supply-chain disruptions, acting as a major headwind for the company's operations.
• The announcement of aggressive tariffs by President Trump might have caused investors to seek safe-haven assets like gold, leading to a shift in investment away from SPGI.
• The sale of S&P Global stock by Representative Daniel Goldman could have also contributed to the downward pressure on the stock price.
• Despite today's bearish movement, it's worth noting that S&P Global has a strong long-term track record of outperforming the market, which could provide some reassurance to investors amidst short-term fluctuations.

09.03.2025 - SPGI Stock was down 5.2%

• SPGI stock might have declined due to the overall market sentiment following recent announcements of aggressive tariffs, leading investors to seek safe-haven assets like gold.
• The oversold financial sector stocks could have diverted investor attention away from SPGI, impacting its stock price negatively.
• Despite positive reasons outlined to retain SPGI stock, the supply-chain disruptions could have contributed to the bearish movement.
• The offering of covered bonds by another financial institution might have attracted investors away from SPGI, affecting its stock performance negatively.

04.03.2025 - SPGI Stock was down 5.3%

• The announcement of aggressive tariffs by President Trump has led to a surge in gold prices as investors seek safe-haven assets, diverting attention from stocks like SPGI.
• The sale of S&P Global stock by Representative Daniel Goldman may have influenced market sentiment, contributing to the bearish movement in SPGI shares.
• Despite the bearish trend today, S&P Global has a strong long-term performance, outperforming the market over the past decade, showcasing its resilience and potential for future growth.

17.09.2024 - SPGI Stock was down 1.2%

• The decision by Landsvirkjun to terminate its rating partnership with Moody's and opt for exclusive collaboration with S&P Global Ratings might suggest a business setback for Moody's, potentially influencing investor confidence in SPGI.
• The selection of Eric Aboaf as CFO at S&P Global could have sparked apprehensions or uncertainties among investors, contributing to a negative sentiment surrounding the stock.
• The market's response seems linked to the potential impact of these recent events on SPGI's financial performance and competitive standing within the credit rating sector.

09.01.2024 - SPGI Stock was down 5.2%

• The bearish movement in SPGI's stock today can be attributed to its Q4 2023 earnings report, which showed a miss in earnings estimates. Despite a 7% year-on-year revenue growth, the adjusted EPS of $3.13 fell short of the consensus of $3.15. This disappointing performance likely led to a decrease in investor confidence and a subsequent decline in the stock price.

08.01.2024 - SPGI Stock was down 5.2%

• The bearish movement in SPGI's stock today can be attributed to its fourth-quarter results, which fell short of expectations. Despite reporting a 7% year-on-year revenue growth, the adjusted earnings per share (EPS) missed the consensus estimate. This disappointing performance likely led to a sell-off of the stock.
• SPGI reported Q4 revenue growth of 7% but missed the consensus estimate for adjusted EPS.
• The stock dropped after the company's fourth-quarter results were announced.
• The disappointing earnings likely prompted investors to sell off SPGI shares.
• No significant news or events related to other companies were mentioned that could have influenced SPGI's bearish movement.

08.01.2024 - SPGI Stock was down 5.1%

• The bearish movement in SPGI's stock today could be attributed to a combination of factors:
• 1. Missed Q4 Earnings Estimates: S&P Global Inc. reported lower-than-expected earnings for the fourth quarter, which may have disappointed investors and led to a decline in the stock price.
• 2. Negative Credit Rating Revision: S&P Global Ratings revised the credit ratings of UPL, a company unrelated to SPGI, but the association with S&P Global Inc. might have caused some concerns among investors.
• 3. General Market Sentiment: The drop in US equity futures and the rise in bond yields, as mentioned in the article, could have influenced the overall sentiment in the market, leading to a bearish movement in SPGI's stock.
• 4. Profit Misses Street Estimates: Despite an increase in earnings compared to the previous year, S&P Global Inc.'s fourth-quarter profit fell short of Street estimates, which could have contributed to the bearish market movement.
• Overall, the combination of missed earnings estimates, negative credit rating revision, and general market sentiment likely played a role in the bearish movement of SPGI's stock today.

09.01.2024 - SPGI Stock was down 5.2%

• The bearish movement in SPGI's stock today can be attributed to the following factors:
• 1. Disappointing Q4 Earnings: Despite reporting a year-over-year increase in revenues, S&P Global's Q4 earnings fell short of estimates. The adjusted EPS of $3.13 missed the consensus of $3.15, leading to a negative sentiment among investors.
• 2. Market Reaction to Earnings: The market's reaction to S&P Global's earnings announcement was negative, as reflected in the stock's decline. Investors may have expected stronger financial results, causing them to sell off their positions and putting downward pressure on the stock price.
• 3. Profit-Taking: Some traders might have taken the opportunity to lock in profits after the stock's recent upward movement. This profit-taking activity could have contributed to the bearish movement observed today.
• 4. Lack of Clarity from Earnings Call: The absence of a summary for the earnings call suggests that there may have been no significant positive news or guidance provided during the call. This lack of clarity could have further dampened investor sentiment and contributed to the bearish market movement.
• Overall, the bearish movement in SPGI's stock today can be attributed to disappointing earnings results and a lack of positive catalysts from the earnings call. Investors may have reacted by selling off their positions and taking profits, leading to the downward pressure on the stock price.

08.01.2024 - SPGI Stock was down 5.4%

• The bearish movement in SPGI's stock today can be attributed to the following factors:
• 1. Disappointing Q4 earnings: SPGI reported adjusted earnings per share (EPS) of $3.13, missing the consensus estimate of $3.15. This underperformance may have led to a negative sentiment among investors, resulting in the bearish movement.
• 2. Mixed revenue growth: Although SPGI's revenue grew by 7% year-on-year to $3.15 billion, it slightly missed the consensus estimate of $3.13 billion. This could have contributed to the downward pressure on the stock.
• 3. Earnings surprises: The negative earnings surprise of -0.63% for the quarter ended December 2023 might have raised concerns about the company's future performance, leading to the bearish market movement.
• Overall, the combination of disappointing earnings, mixed revenue growth, and negative earnings surprises likely caused the bearish movement in SPGI's stock today.

27.01.2025 - SPGI Stock was down 1.1%

• The decrease in SPGI's value today may be linked to the significant decline in the US services sector, with the S&P Global Flash U.S. Services PMI Business Activity Index dropping to 49.7 in February.
• Concerns arising from high prices and uncertainty in the US services sector could have prompted investors to sell off SPGI shares.
• Despite SPGI's solid growth attributes, the negative effects of the weakening services sector on market sentiment might have overshadowed the positive news of its inclusion in the S&P Global Sustainability Yearbook.

07.02.2025 - SPGI Stock was down 4.6%

• The bearish movement in SPGI today could be attributed to profit-taking by investors after a prolonged period of outperformance.
• Despite the strong historical performance of SPGI, market sentiment today might have been influenced by broader economic concerns or sector-specific factors.
• Investors may be reassessing their positions in SPGI based on short-term market fluctuations, potentially overlooking its strong long-term growth prospects.
• It's important for traders to consider both historical performance and current market conditions when making decisions about SPGI's stock.