S&P Global Inc. (SPGI) experienced a significant drop in its share price on Tuesday morning, July 28, 2026, opening at $418.72, a 4.74% decrease from Monday's closing price of $439.54. This decline follows the company's Q2 earnings announcement, which revealed a miss on both profit and revenue estimates.
The company announced its second-quarter 2026 results via news release at approximately 7:15 a.m. EDT. The consensus estimate for earnings per share was $4.49, while the Zacks Consensus Estimate expected a higher $4.68, indicating a miss. Revenue estimates were also lower than anticipated, with the Zacks Consensus Estimate pegged at $3.7 billion, representing a 2.9% decline from the year-ago quarter's actual revenue. An earnings call with Martina Cheung, President and CEO, and Eric Aboaf, CFO, was scheduled for 8:30 a.m. EDT to discuss these results.
Despite the immediate stock drop, analysts largely maintain a positive outlook on S&P Global. The stock has received a consensus "buy" rating from 56 analysts, with no "hold" or "sell" ratings. The median price target among these analysts is $580.68, with a high estimate of $661.00 and a low estimate of $482.00. This median target represents a 71.67% difference from the last reported price of $416.20. The company's 52-week low was $381.76, while its 52-week high reached $579.05.
