What S&P Global (SPGI)'s Q1 Beat, Guidance Trim and Massive Buyback Completion Means For Shareholders

S&P Global (SPGI) reported strong Q1 2026 results with sales of US$4.17 billion and net income of US$1.40 billion, but slightly trimmed its full-year revenue growth guidance by 0.30% due to foreign exchange. The company also completed a significant buyback program, repurchasing 29,366,829 shares for US$13.85 billion. These factors support S&P Global’s investment narrative, which projects $19.0 billion revenue and $6.0 billion earnings by 2029, suggesting a potential 26% upside for its stock.

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