TW·Tradeweb Markets Inc.
TW|Earnings Snapshot
EPS
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $0.99 | - | - |
| Q2'26 | $1.00 | $0.97 | -2.9% |
| Q1'26 | $1.10 | $1.08 | -2.1% |
| Q1'25 | $0.86 | $0.86 | +0.4% |
Revenue
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $594M | - | - |
| Q2'26 | $579M | $559M | -3.5% |
| Q1'26 | $624M | $618M | -0.9% |
| Q1'25 | - | $510M | - |
TW|Monthly Returns
Market Data
TW Stock Snapshot
- Market cap
- 24.33B
- P/E ratio
- 27.1
- Day range
- $101.65 – $104.47
- News sentiment
- 48/100 · Neutral
- Analyst target
- $123.64 (+18.9%)
- Consensus
- Buy · 26 analysts
The setup on Tradeweb Markets Inc. is patient: consolidation, not accumulation or distribution. Earnings and guidance carry more weight than macro data at this capitalisation.
Behaviour On Record
What TW's own history says about today's numbers
- Realized volatility (21d)
- 25.6% 44th pct
- Below its peak
- -30.2%
- vs 200-day average
- -4.2%
- Up days (1y)
- 49%
Tradeweb Markets Inc. is currently running 25.6% annualised volatility over the last 21 sessions. Measured against TW's own 7 years of daily returns rather than a market-wide average, that is the 44th percentile — close to its own typical level, against a typical reading of 26.9%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.
TW is trading -30.2% below its running peak. Across 6 full years on file, its median worst-drawdown-in-a-year was -24.0%, and the deepest was -44.9% in 2022. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began — and where past declines also continued.
Price sits -4.2% from its 200-day moving average. Against every other day in its history, that gap ranks at the 24th percentile — a narrower gap than it typically runs. Over the past year TW closed higher on 49% of sessions, and it is currently 1 session into a rising streak.
On September specifically: over 8 years of records, TW finished the month higher 1 of 8 times, with a median return of -6.4% and an average of -6.0%. Its strongest month historically has been November at +6.8% on average, its weakest September at -6.0%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.
Overnight risk is measurable too: TW has opened more than 2% away from the prior close in 93 of 1,874 sessions (5.0% of the time), with the largest gaps running +6.7% and -14.1%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.
All figures computed from 1,875 daily closes between 2019-04-04 and 2026-09-18, split-adjusted, recomputed daily. Percentiles are against TW's own 8-year history, not a peer group or index.
Sector Rotation
Is money rotating into or out of TW's sector?
Tradeweb Markets Inc. sits in the Financials sector, currently ranked 5th of 11 GICS sectors by relative-strength rotation score (lagging).
- Sector rank
- #5 of 11
- Sector state
- Lagging
- Sector rotation score
- 50
Analyst Rating Changes
Are analysts turning bullish or bearish on TW?
UBS most recently reiterated its rating on Tradeweb Markets Inc. to Buy on Sep 9, 2026 with a price target of $145 (from $150). Over the last 90 days, coverage has run 1 upgrade against 0 downgrades, a net bullish lean.
- Latest action
- UBS — Buy
- 90-day upgrades
- 1
- 90-day downgrades
- 0
- Net rating momentum
- +1
