DailyIQ
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Sector:Financial ServicesAll sectors
Last updated 2 minutes ago

CBOE·Cboe Global Markets, Inc.

$.
+. (+.%)
After Hours
High
$282.86
Open
$277.67
Market Cap
28.96B
52W High
$371.18
Low
$274.94
P. Close
$277.26
P/E
23.44
52W Low
$227.15
Fwd P/E
79.41
DailyIQ Est.
$307.94
Technical Score (1D)
73
BUY
News Sentiment
83
BULLISH
Zacks has upgraded CBOE to a #2 Buy, signaling a shift in analyst sentiment toward stronger earnings prospects. The upgrade reflects expectations of improved profitability and revenue growth, largely tied to the exchange’s expansion into new product lines. This change in outlook could increase investor interest in the stock over the next 1–10 trading days as traders anticipate a positive earnings report. CBOE’s valuation relative to peers still indicates upside potential, reinforcing the bullish stance. The company’s robust fundamentals and strategic product expansion underpin the expectation of continued growth. Traders should monitor the upcoming earnings release for confirmation of the projected revenue and margin improvements. Additionally, regulatory developments that could affect exchange operations remain a key watch item. The combination of a Buy rating, valuation upside, and product expansion suggests a favorable near‑term outlook. Keep an eye on analyst revisions and any regulatory announcements that could alter the earnings trajectory.
Earnings Summary
Cboe Global Markets, Inc. operates as a global exchange platform offering options, equities, futures, and foreign exchange trading, alongside clearing, listing, and digital asset services, positioning it as a core player in the financial data and stock exchanges sector. In the most recent quarters, the company has shown a steady upward trajectory: Q3 2025 revenue rose to $605.5 million from $524.5 million in Q4 2024, and Q4 2025 revenue climbed to $671.1 million, with Q1 2026 revenue further increasing to $728.9 million, reflecting a consistent quarterly growth pattern. EPS also accelerated, moving from $2.67 in Q3 2025 to $3.06 in Q4 2025 and $3.70 in Q1 2026, each beating analyst estimates of $2.53, $2.996, and $3.374 respectively; only Q4 2024 fell short of its $2.11875 estimate, indicating that the company has delivered earnings beats in three of its last four quarters. Historically, Cboe has maintained a positive YoY revenue expansion across these periods, with EPS consistently outperforming expectations, underscoring a robust earnings momentum that has not been offset by any significant misses. Recent news highlights a Zacks upgrade to a #2 Buy, reflecting heightened analyst optimism tied to new product lines and a broader valuation upside, while contrasting views from Goldman Sachs and Piper Sandler caution about potential valuation pressure amid market volatility; the launch of leveraged SKHynix ETFs, extended trading hours for mega‑cap options, and the Cboe Predicts platform with Charles Schwab signal strategic moves to capture additional trading volume and fee streams. Investors should watch the forthcoming Q2 2026 earnings release for confirmation of revenue and margin trends, monitor regulatory developments that could impact exchange operations, and assess the uptake of the new leveraged ETFs and extended‑hour offerings, as these factors will likely shape the company’s near‑term earnings trajectory and market perception.

EPS

EstBeatMiss
$2.16$2.60$3.03$3.47$3.90Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$3.49 - -
Q1'26$3.37$3.70+9.7%
Q4'25$3.00$3.06+2.1%
Q3'25$2.53$2.67+5.6%
Q2'25$2.44$2.46+0.6%
Q1'25$2.36$2.50+5.8%

Revenue

EstBeatMiss
$541M$594M$647M$700M$753MQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$721M - -
Q1'26$709M$729M+2.9%
Q4'25$673M$671M-0.3%
Q3'25 - $606M -
Q2'25 - $587M -
Q1'25 - $565M -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

CBOE Stock Snapshot

CBOE is currently trading at $277.89, giving Cboe Global Markets, Inc. a market cap of 28.96B and a P/E ratio of 23.4. Today's range spans $274.94–$282.86, with shares opening at $277.67 and moving up $0.63 (0.2%) from the prior close. DailyIQ's technical score sits at 73/100 (BUY) with a news sentiment reading of 83/100.

Over the past year CBOE has traded between $227.15 and $371.18 - the current price is +22.3% off the 52-week low and -25.1% from the high. 25 analysts cover the stock with a Hold consensus and a mean 12-month target of $308.93 (range $258.00–$375.00), implying upside of +11.2%.

CBOE is showing the kind of bullish setup that active managers add to on dips - 73/100 (BUY), bullish sentiment at 83/100, 28.96B market cap in Financial Services, price $277.89 (in the lower half of its 52-week range). The current P/E ratio stands at 23.4. At this cap tier, the combination of technical confirmation and positive sentiment is what separates speculative bullish positions from high-conviction ones. Annual range: $227.15–$371.18. The setup is in the latter category.

Earnings revision cycles in large-cap Financial Services names tend to compound: when technicals confirm a BUY thesis (73/100) and news sentiment (83/100, bullish) supports the narrative, analyst upgrades follow price rather than lead it. At $277.89 (in the lower half of its 52-week range), CBOE's position within the $227.15–$371.18 annual range suggests there's room for multiple expansion before the stock encounters meaningful technical resistance.