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CBOE

Cboe Global Markets, Inc.

CBOE

CBOE·Financial Services·Financial - Data & Stock Exchanges·Mkt cap $25.6B

$298.38

-0.04%

P/E

23.24

Mkt Cap

$25.6B

52-Wk Range

$227.15–$371.18

52-Week Range

$227.15 - $371.18

P/E

23.24

Fwd P/E

21.26

Beta

0.44

Div Yield

1.16%

Avg Vol

1.4M

Shares Out

104.7M

Mkt Cap

$25.6B

Price action

Price chart

Up 4.2% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • First-mover advantage in options exchanges
  • Global multi-asset trading platform
  • Strategic index partnerships
  • Advanced trading technology infrastructure

Bear Case

1 risk

  • Low volatility (beta 0.4).

Growth

Revenue decline expected

Expanding global trading volumes

Value

Fairly valued vs Financial Data & Infrastructure peers

Momentum

Weak

-17.2% over 3m

Quality

Strong

Strong fundamentals

Dividend

Modest

1.16% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 30, 2026

Q3 26 RECAP

JUL 31, 2026

Reported EPS of $3.56 vs $3.48 consensus (+2.3% surprise). Revenue of $731.6M vs $718.6M expected (+1.8%). Beat on both top and bottom lines.

EPS beat +2.3%
Rev beat +1.8%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+2.3%

Revenue trend · last 8Q

+15%

+25%

+21%

+8%

+10%

+7%

+23%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$1.0B

$1.1B

$1.2B

$1.2B

$1.1B

$1.2B

$1.3B

$1.4B

Margins · last 8Q

Gross

50.7%

Operating

33.0%

Profit

24.5%

Wall Street consensus

7 analysts · 43% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

3

43%

Hold

3

43%

Sell

1

14%

Median Price Target

Latest: Deutsche Bank · Aug 3, 2026

vs Industry

How CBOE stacks vs Financial - Data & Stock Exchanges

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.