Cboe Global Markets, Inc. (CBOE) Stock Analysis
Breakout setup
Financial Services · Financial Data & Stock Exchanges
Hold if already holding. Not a fresh buy at $305.69, but acceptable to hold if already in. Reasons: Concentration risk — Product: options and futures segments (68.0%); Concentration risk — Product: transaction and clearing-based business (74.0%).
Cboe Global Markets operates the largest US options exchange and third-largest US equities exchange, with trading and clearing services across equities, derivatives, and FX in North America, Europe, and Asia Pacific. In 2025, approximately 68% of revenues less costs came from... Read more
Hold if already holding. Not a fresh buy at $305.69, but acceptable to hold if already in. Reasons: Concentration risk — Product: options and futures segments (68.0%); Concentration risk — Product: transaction and clearing-based business (74.0%). Chart setup: Golden cross, above all MAs, RSI 59, MACD bullish. Downgraded from BUY WAIT — price $305.68 has reached target $303.67. No upside to wait for. Score 5.8/10, moderate confidence.
Passes 5/7 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 0d<=7d. Suitability: moderate.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHProductoptions and futures segments68%10-K Item 1A: 'approximately 68% of our total revenues less cost of revenues were generated by the options and futures segments'
- HIGHProducttransaction and clearing-based business74%10-K Item 1A: 'approximately 74% of our revenues less cost of revenues were generated by our transaction and clearing-based business'
Material Events(8-K, last 90d)
- 2026-01-26Item 5.02MEDIUMChristopher Isaacson, EVP and COO, notified retirement effective March 6, 2026. Isaacson will provide consulting services through December 31, 2026. No successor COO named. No disagreement cited.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
1 floor-breaker
Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $305.69, but acceptable to hold if already in. Reasons: Concentration risk — Product: options and futures segments (68.0%); Concentration risk — Product: transaction and clearing-based business (74.0%). Chart setup: Golden cross, above all MAs, RSI 59, MACD bullish. Downgraded from BUY WAIT — price $305.68 has reached target $303.67. No upside to wait for. Target $303.67 (-0.7%), stop $271.76 (−12.5%), A.R:R -1.7:1. Score 5.8/10, moderate confidence.
Take-profit target: $303.67 (+7.1% upside). Target $303.67 (-0.7%), stop $271.76 (−12.5%), A.R:R -1.7:1. Stop-loss: $271.76.
Concentration risk — Product: options and futures segments (68.0%); Concentration risk — Product: transaction and clearing-based business (74.0%); Analyst target reached - limited upside remaining.
Cboe Global Markets, Inc. trades at a P/E of 29.3 (forward 22.9). TrendMatrix value score: 3.8/10. Verdict: Hold.
23 analysts cover CBOE with a consensus score of 3.4/5. Average price target: $302.
What does Cboe Global Markets, Inc. do?Cboe Global Markets operates the largest US options exchange and third-largest US equities exchange, with trading and...
Cboe Global Markets operates the largest US options exchange and third-largest US equities exchange, with trading and clearing services across equities, derivatives, and FX in North America, Europe, and Asia Pacific. In 2025, approximately 68% of revenues less costs came from options and futures, primarily SPX options and VIX products; transaction and clearing fees represented approximately 74% of revenues less costs.