Miami International Holdings, I (MIAX) Stock Analysis
Financial Services · Capital Markets
Sell if holding. Analyst target reached at $46.98 — A.R:R is negative (-0.7) — 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 regulated financial exchange marketplaces including MIAX Options, MIAX Pearl (equities and options), MIAX Emerald, MIAX Sapphire, MIAX Futures, the Bermuda Stock Exchange, TISEG, and Dorman Trading FCM. Net transaction and clearing fees... Read more
Sell if holding. Analyst target reached at $46.98 — A.R:R is negative (-0.7) — 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 4.9/10, high 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 6d<=7d. Suitability: aggressive.
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% and 51.6% of our revenues less cost of revenues for the fiscal years ended December 31, 2025 and 2024, respectively, were from net transaction and clearing fees'
Material Events(8-K, last 90d)
- 2026-03-26Item 5.02LOWLee Becker notified Board on March 24, 2026 he will not stand for re-election at 2026 Annual Meeting; no disagreement cited. Jill E. Sommers elected as new director effective March 25, 2026 to fill an existing vacancy.SEC filing →
- 2026-04-09Item 5.02LOWBoard Director Murray Stahl passed away on April 7, 2026. The Company expressed gratitude for his service and contributions.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
2 floor-breakers
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $46.98 — A.R:R is negative (-0.7) — 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 $44.55. Score 4.9/10, high confidence.
Take-profit target: $46.92 (-0.3% upside). Prior stop was $44.55. Stop-loss: $44.55.
Concentration risk — Product: net transaction and clearing fees (60.6%); Analyst target reached - limited upside remaining; Leverage penalty (D/E 2.8): -1.5.
Miami International Holdings, I trades at a P/E of N/A (forward 27.1). TrendMatrix value score: 5.1/10. Verdict: Sell.
11 analysts cover MIAX with a consensus score of 4.0/5. Average price target: $48.
What does Miami International Holdings, I do?Miami International Holdings operates regulated financial exchange marketplaces including MIAX Options, MIAX Pearl...
Miami International Holdings operates regulated financial exchange marketplaces including MIAX Options, MIAX Pearl (equities and options), MIAX Emerald, MIAX Sapphire, MIAX Futures, the Bermuda Stock Exchange, TISEG, and Dorman Trading FCM. Net transaction and clearing fees accounted for 60.6% of revenues less cost of revenues in fiscal 2025.