Why S&P Global (SPGI) Is Refocusing Around Its Core Data and Ratings Moat

S&P Global Inc. (NYSE:SPGI) is one of the best stocks to buy with wide moats.

The latest moat-relevant update came on May 7, 2026, when S&P Global Inc. (NYSE:SPGI) filed the Form 10 registration statement for the planned separation of its Mobility division into an independent public company, Mobility Global Inc. The company said it expects to complete the separation in mid-2026, subject to customary approvals. Mobility Global includes automotive data and intelligence brands such as CARFAX, Polk Automotive Solutions, automotiveMastermind, and Market Scan.

The separation fits the wide-moat angle because it leaves S&P Global’s core story more tightly centered on financial data, ratings, benchmarks, indices, and commodity intelligence. Morningstar says S&P Global has a wide economic moat based on intangible assets and network effects, with embedded benchmarks across credit ratings, financial indexes, and commodity price reporting. Morningstar also notes that its ratings, indexes, and energy segments are relatively insulated from AI disruption, while existing Market Intelligence customers face switching costs.

Why S&P Global (SPGI) Is Refocusing Around Its Core Data and Ratings Moat

Image by MayoFi from Pixabay

That durability also showed up in first-quarter results reported on April 28, 2026, when revenue rose 10% to $4.171 billion, adjusted diluted EPS increased 14% to $4.97, and adjusted operating margin expanded 100 basis points to 51.8%.

S&P Global Inc. (NYSE:SPGI) provides credit ratings, benchmarks, indices, market intelligence, commodity data, analytics, and financial information services for businesses, governments, investors, and institutions.

While we acknowledge the risk and potential of SPGI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SPGI and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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