Cboe Global Markets Valuation Soars After Earnings Beat and European Derivatives Exit

Cboe Global Markets (CBOE) has been in focus after reporting quarterly results that showed higher revenue and profit than a year earlier, which has increased analyst attention. The company also decided to close its Cboe Europe Derivatives exchange. At a share price of $273.55, Cboe Global Markets has seen firm momentum build recently, with a 10.63% 1 month share price return and a 15.38% 3 month share price return, while the 1 year total shareholder return of 42.09% and 5 year total shareholder return of 208.23% sit in the background as investors weigh the stronger quarterly results, active analyst commentary and the planned closure of Cboe Europe Derivatives. If Cboe’s recent moves have you thinking about where trading and market infrastructure could head next, it can be useful to compare it with other . With Cboe Global Markets now trading near recent analyst targets after strong returns, the key question is simple: is there still mispricing here, or are you looking at a stock where markets are already banking on future growth? Most Popular Narrative: 2% Overvalued Compared with the last close at $273.55, the most followed narrative pegs Cboe Global Markets’ fair value at about $267.77 using an 8.23% discount rate. Cboe is experiencing broad-based growth across derivatives, data, and global spot markets, positioning it to benefit from ongoing increases in electronic trading volume and automation; these trends are likely to drive higher transaction-based revenue and support further top-line growth. There is a structural tailwind from expanding retail investor participation, especially in options and through digital investment platforms, which is fueling record adoption of SPX 0DTE options and could materially increase both trading volumes and net revenues. Curious how shrinking headline revenue assumptions still point to higher profits and a premium P/E in a mature exchange group? The full narrative unpacks the tension between margin expansion, rich earnings multiples and long term growth expectations. Result: Fair Value of $267.77 (OVERVALUED) However, concentration in key index partnerships and fee pressure in multi listed options could still upset the story if pricing or contract terms shift against Cboe. Build Your Own Cboe Global Markets Narrative If you see the story differently or prefer to dig into the numbers on your own, you can shape a custom view in just a few minutes: . A good starting point is our analysis highlighting investors are optimistic about regarding Cboe Global Markets. Looking for more investment ideas? If Cboe has sharpened your thinking, do not stop here. Widen your watchlist with fresh ideas that fit how you like to invest. Spot potential value gaps by scanning that may be pricing in more caution than their cash flow outlook suggests. Ride powerful tech trends by checking out positioned around artificial intelligence themes that interest you most. Build a cash flow focused income list with that could complement or contrast with a trading centric name like Cboe. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.