The Dow Jones, S&P 500, and Nasdaq – Explained

Written by Emily J. Thompson, Senior Investment Analyst

SPGI+1.63%

Updated: Jun 18 2024

0mins

SPGI

$539.8+Infinity%1D

Analyst Views on SPGI

Wall Street analysts forecast SPGI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPGI is 617.77 USD with a low forecast of 546.00 USD and a high forecast of 675.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

15 Analyst Rating

14 Buy

1 Hold

0 Sell

Strong Buy

Current: 531.160

Low

546.00

Averages

617.77

High

675.00

Current: 531.160

Low

546.00

Averages

617.77

High

675.00

Goldman Sachs

Buy

maintain

$637 -> $640

2025-12-16

Reason

Goldman Sachs

Price Target

$637 -> $640

AI Analysis

2025-12-16

maintain

Buy

Reason

Goldman Sachs raised the firm's price target on S&P Global to $640 from $637 and keeps a Buy rating on the shares. The firm sees structural and cyclical tailwinds driving "healthy" debt issuance volumes and ratings revenue growth over the near-to-medium term.

BMO Capital

Outperform

maintain

$538 -> $546

2025-11-14

Reason

BMO Capital

Price Target

$538 -> $546

2025-11-14

maintain

Outperform

Reason

BMO Capital raised the firm's price target on S&P Global to $546 from $538 and keeps an Outperform rating on the shares after the company's Investor Day. High-level guidance was relatively similar to prior Investor Day, although a bit more conservative in Market Intelligence and Energy while reaffirmed in Ratings and slightly higher in Indices segments, the analyst tells investors in a research note. The event also focused on Chief Client Office, which may help S&P Global operate in a less siloed approach and potentially benefit from upsell/cross-sell and vendor consolidation, the firm added.

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JPMorgan

NULL -> Overweight

maintain

$635 -> $615

2025-10-31

Reason

JPMorgan

Price Target

$635 -> $615

2025-10-31

maintain

NULL -> Overweight

Reason

JPMorgan lowered the firm's price target on S&P Global to $615 from $635 and keeps an Overweight rating on the shares. The company reported a Q3 earnings beat and 2025 guidance raise, the analyst tells investors in a research note.

Evercore ISI

Outperform

maintain

$619 -> $629

2025-10-31

Reason

Evercore ISI

Price Target

$619 -> $629

2025-10-31

maintain

Outperform

Reason

Evercore ISI raised the firm's price target on S&P Global to $629 from $619 and keeps an Outperform rating on the shares. The company posted a solid quarter with key insights ahead of the upcoming investor day, which will likely be the main focus for investors seeking updates on growth targets and margins, the analyst tells investors in a research note. The firm added that while the quarter was strong, the spotlight is firmly on the November investor day.

About SPGI

S&P Global Inc. provides essential intelligence. Its operations consist of five businesses: S&P Global Market Intelligence (Market Intelligence), S&P Global Ratings (Ratings), S&P Global Commodity Insights (Commodity Insights), S&P Global Mobility (Mobility) and S&P Dow Jones Indices (Indices). Market Intelligence is a global provider of multi-asset-class data and analytics integrated with purpose-built workflow solutions. Ratings is an independent provider of credit ratings, research, and analytics, offering investors and other market participants information, ratings and benchmarks. Commodity Insights is an independent provider of information and benchmark prices for the commodity and energy markets. Mobility is a provider of solutions serving the full automotive value chain, including vehicle manufacturers and retailers. Indices is a global index provider that maintains a variety of valuation and index benchmarks for investment advisors, wealth managers and institutional investors.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.