New York, Feb 14, 2026, 14:25 EST — The market has closed.
- SPGI ended Friday at $409.54, up 3.1%. Volume came in well above its usual levels.
- This week, Mizuho and BMO lowered their price targets but left their bullish ratings intact.
- This week is trimmed by the holiday, but U.S. data and S&P Global’s latest monthly issuance update are still on tap.
S&P Global Inc (SPGI) jumped 3.11% Friday, finishing at $409.54 and notching a second consecutive advance, while the Dow and S&P 500 posted modest gains. Trading volume topped its usual levels. Moody’s (MCO) and MSCI (MSCI) also closed higher. S&P Global remains roughly 29% under its 52-week peak. (MarketWatch)
The rebound is significant—shares are searching for some support after a tough run that’s forced a rethink on the data and ratings firm. With Tuesday’s session set to open, Wall Street is still figuring out what kind of “normal” growth S&P Global is actually looking at following its most recent forecast.
There’s more at play than a single earnings line. S&P Global pulls in revenue from debt issuance and broader market flows—steady credit and equity conditions tend to boost results, but any sharp risk-off move can stall deals and squeeze fees.
Mizuho has cut its price target for S&P Global down to $551 from $657 but maintained its “Outperform” call, TheFly reported. The firm argued that concerns about artificial intelligence shaking up the industry are probably “likely overdone”—an opinion cropping up with greater frequency in analyst notes following recent results. (TipRanks)
BMO Capital trimmed its price target to $482 from $601 but kept an “Outperform” call, according to GuruFocus, which referenced analyst Jeffrey Silber. Price targets, those projections brokers issue for where shares might land in 12 months, can swing notably after companies update their outlooks. (GuruFocus)
Insider moves surfaced in a Form 4: Director Joly Hubert picked up 2,500 shares on Feb. 11, paying roughly $399 each. That brings his direct stake up to 2,665 shares. (SEC)
S&P Global’s Feb. 10 earnings report showed fourth-quarter revenue climbing 9% to $3.916 billion, with adjusted earnings landing at $4.30 per share. For 2026, management projected adjusted EPS in the $19.40 to $19.65 range, calling for organic constant-currency revenue growth between 6% and 8%. GAAP guidance will come after the Mobility spin wraps up, which S&P expects around mid-2026. “We delivered a strong quarter driven by performance in all divisions,” CEO Martina Cheung said. The company also pointed to updates in the schedule for monthly billed issuance and exchange-traded derivatives data—both tied to ratings fees and futures or options activity on its benchmarks.
This week squeezes a lot into a few days. S&P Global Market Intelligence notes the U.S. market will be closed Monday. Then Wednesday brings the Federal Reserve’s meeting minutes. On Friday, investors get a look at both core PCE inflation data and the initial fourth-quarter GDP estimate, with flash PMI surveys coming in as well. (S&P Global)
The rebound may not stick. A sharp move in rates or waning risk appetite could shut down deal flow, cutting into index-linked revenue. And questions linger about how soon AI will transform financial-data products for the group.
U.S. markets get back to business on Tuesday after the Presidents Day break. Investors are zeroing in on S&P Global’s monthly billed issuance and the ETF derivatives rundown. Wednesday brings the Fed minutes; Friday, it’s the core PCE and GDP reports.
