What changed
$SPGI — BUY 📊 | 6 MONTHS THESIS
🎯 Q1 2026 | Rev $4.2B | EPS $4.97 vs $4.82 🟢 | Margin 49.7%
💡 The market assumes SPGI's growth is peaking amid interest rate and regulatory headwinds, but Q1 beat and raised FY26 guidance ($19.40-$19.65 vs prior ~$19.35) demonstrate resilient demand across ratings, indices, and data.
📉 Reward/risk: 3.5:1
🏢 Business Quality: 9/10 - Essential global financial infrastructure with regulatory moats, recurring revenue, high incremental margins, and pricing power across ratings, indices, and data businesses.
📊 Valuation: cheap – trading at 21.4x forward EPS (midpoint $19.55) vs. historical 5-year average of 25-28x; also at a discount to MCO (~23x) and MSCI (~28x).
🔮 Catalyst: Analyst EPS estimate revisions upward following the Q1 beat and confirmed guidance raise
📊 Our read: BUY. Full analysis →
https://stockduty.xyz/s/SPGI0618