What changed
$SPGI — WATCHLIST 📊 | 6 MONTHS THESIS
🎯 Q1 2026 | Rev $4.2B | EPS $4.97 vs $4.82 🟢 | Margin 49.7%
💡 Consensus expectations are for ~6-8% organic revenue growth and EPS near the high end of $19.40-$19.65 in 2026. The market has priced these in; there is no variant view that the market is wrong. The beat was modest and guidance is in line. No mispricing exists.
📉 Reward/risk: 0.87:1
🏢 Business Quality: 9/10 - Essential oligopoly in credit ratings, indices, and data; highly recurring revenue, wide moats, strong margins, and pricing power.
📊 Valuation: fair - At 22x forward P/E (trailing 27x), EV/EBITDA ~15.6x, and FCF yield ~4%, SPGI trades in line with its history and premium peers.
🔮 Catalyst: No clear positive catalyst identified in the next 3 months; recent earnings beat is history.
📊 Our read: WATCHLIST. Full analysis →
https://stockduty.xyz/s/SPGI0617