S&P Global shares have dropped 25% from their 52-week high, pushing the stock to its lowest valuation since late 2022. The decline reflects investor fears that generative artificial intelligence from companies like Anthropic could disrupt data providers, along with disappointment over the company's 2026 adjusted earnings-per-share guidance of $19.40 to $19.65, which fell short of Wall Street's $19.96 estimate. Despite the sell-off, S&P Global holds a dominant 50% market share in the credit ratings industry, where Moody's ranks second with 31%, and its proprietary datasets are protected by intellectual property rights. The company, a Dividend King with 53 consecutive years of annual dividend increases, plans to spin off its mobility division later this year to become a pure-play financial services firm. Following the decline, the stock trades at 27.4 times trailing earnings and 22 times forward earnings.
S&P Global IncStock fell 25% from high, 2026 EPS guidance missed estimates, and valuation hit lowest since 2022.
Moodys CorporationMentioned as a source of generative AI that could disrupt data providers, but no specific impact on Anthropic itself.