Miami International Holdings, I (MIAX) Stock Analysis
Financial Services · Capital Markets
Sell if holding. Analyst target reached at $54.51 — A.R:R is negative (-1.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Product: net transaction and clearing fees (60.6%).
Miami International Holdings operates four US options exchanges (MIAX Options, MIAX Pearl, MIAX Emerald, MIAX Sapphire), MIAX Pearl Equities, MIAX Futures (DCM/DCO), Dorman Trading (FCM), BSX (Bermuda), and TISE (Guernsey). Revenue is primarily transaction- and clearing-based... Read more
Sell if holding. Analyst target reached at $54.51 — A.R:R is negative (-1.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Product: net transaction and clearing fees (60.6%). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 5.3/10, moderate confidence.
Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 79d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
Recent Developments — Miami International Holdings, I
Latest news
- Miami International Holdings Enters Clearing And Settlement Agreement With Equity Derivatives Clearing Organization The — benzinga May 20, 2026 positive
- Keefe, Bruyette & Woods Maintains Market Perform on Miami International Hldgs, Raises Price Target to $48 — benzinga May 8, 2026 neutral
- JP Morgan Maintains Neutral on Miami International Hldgs, Raises Price Target to $45 — benzinga May 7, 2026 neutral
- Rosenblatt Maintains Buy on Miami International Hldgs, Raises Price Target to $61 — benzinga May 7, 2026 positive
- Earnings Scheduled For May 6, 2026 — benzinga May 6, 2026 neutral
Generated 2026-05-20T21:06:21Z.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHProductnet transaction and clearing fees61%10-K Item 1A: 'Approximately 60.6%...were from net transaction and clearing fees'
Material Events(8-K, last 90d)
- 2026-04-27Item 5.02LOWEric Sites elected to Board of Directors effective April 24, 2026 to fill an existing vacancy, until the 2026 Annual Meeting. No committee assignments; no family relationships with officers cited.SEC filing →
- 2026-04-09Item 5.02LOWMurray Stahl, a Board member, passed away on April 9, 2026. Company expressed gratitude for his service. No successor named.SEC filing →
- 2026-03-26Item 5.02LOWLee Becker will not stand for re-election at 2026 Annual Meeting; departure not due to any disagreement. Jill E. Sommers elected as director effective March 25, 2026 to fill an existing vacancy.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
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $54.51 — A.R:R is negative (-1.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Product: net transaction and clearing fees (60.6%). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $50.69. Score 5.3/10, moderate confidence.
Take-profit target: $56.00 (+2.7% upside). Prior stop was $50.69. Stop-loss: $50.69.
Concentration risk — Product: net transaction and clearing fees (60.6%); Analyst target reached - limited upside remaining; Near 52-week high (4.6% away).
Miami International Holdings, I trades at a P/E of 43.5 (forward 30.8). TrendMatrix value score: 4.5/10. Verdict: Sell.
12 analysts cover MIAX with a consensus score of 3.9/5. Average price target: $51.
What does Miami International Holdings, I do?Miami International Holdings operates four US options exchanges (MIAX Options, MIAX Pearl, MIAX Emerald, MIAX...
Miami International Holdings operates four US options exchanges (MIAX Options, MIAX Pearl, MIAX Emerald, MIAX Sapphire), MIAX Pearl Equities, MIAX Futures (DCM/DCO), Dorman Trading (FCM), BSX (Bermuda), and TISE (Guernsey). Revenue is primarily transaction- and clearing-based (60.6% of revenues less cost in 2025), with additional market data and access fees.