Evercore cuts SP Global price target to $625 after 14% EPS rise; CARFAX flags 225,000 vehicles
Evercore ISI analyst David Motemaden reduced S&P Global’s price target to $625 from $632 after Q4 2025 results showed 14% EPS growth, strong revenue gains and margins at or above guidance. CARFAX, under S&P Global Mobility, flagged 225,000 additional U.S. vehicles as “Do Not Drive” due to defective Takata airbags.
1. Evercore Trims Price Target
Evercore ISI analyst David Motemaden lowered the 12-month price target on S&P Global to $625 from $632 while keeping an Outperform rating, following Q4 2025 results that delivered 14% EPS growth, robust revenue increases and margins at or above the high end of guidance. Management emphasized consistent execution across all five business segments—Market Intelligence, Ratings, Commodity Insights, Mobility and Indices—as the basis for revising model assumptions.
2. CARFAX Issues Do Not Drive Warning
CARFAX, a division of S&P Global Mobility, reported 225,000 more U.S. vehicles under a “Do Not Drive” recall due to unrepaired Takata airbags, bringing the total of affected vehicles to over 5 million nationwide. This development highlights sustained demand for vehicle history data and recall management solutions, underscoring the strategic importance of safety analytics in the mobility segment.