Cboe Global Markets CBOE
Cboe Global Markets is an operator of options exchanges and financial data markets, generating revenue from trading commissions, data fees, and prediction products. Cboe Global Markets shows excellent financial health (ROE 26.3%, operating margin 34.6%) and strong growth (revenue +22.9%, earnings +50.2%), although its valuation (P/E 20.1) already discounts part of that dynamism.
Detailed metrics
Market and fundamental data as of the analysis date.
Full AI report
Generated automatically from the metrics, the macro context and the company's news.
Cboe Global Markets is an operator of options exchanges and financial data markets, generating revenue from trading commissions, data fees, and prediction products. Cboe Global Markets shows excellent financial health (ROE 26.3%, operating margin 34.6%) and strong growth (revenue +22.9%, earnings +50.2%), although its valuation (P/E 20.1) already discounts part of that dynamism.
Score by category
| Category | Score |
|---|---|
| Financial health | 9.4 |
| Quality / Moat | 8.7 |
| Valuation | 3.3 |
| Growth | 8.8 |
| Dividend | 5.0 |
| Momentum | 7.7 |
| Risk & Context | 8.7 |
OVERALL SCORE: 6.5/10
Context and risks
The rise in 10-year Treasury yields and crude oil volatility may boost options trading activity, a tailwind for Cboe, but there is no specific regulatory or geopolitical risk materially affecting this company.
News considered in the analysis
- CME Group Expands Equity Derivatives With New Factor Futures — La expansión de CME en derivados de renta variable intensifica la competencia en el espacio de futuros, un negocio donde Cboe compite; presión competitiva moderada.
- 3 Exchange Stocks Investors Are Watching For Energy Price Volatility — La volatilidad del precio de la energía eleva la actividad de trading en los mercados de opciones y futuros, lo que puede beneficiar los volúmenes de Cboe.
- Is Cboe Global Markets Stock Underperforming the Nasdaq? — Comparativa de rendimiento relativo sin información nueva sobre fundamentales.
- Can Cboe (CBOE) Upgrading Its 2026 Revenue Outlook Reframe The Exchange’s Long-Term Narrative? — La mejora de la guía de ingresos para 2026 es una señal positiva material sobre la demanda de sus productos de datos y trading.
- CBOE Stock Trades at 24% Discount to 52-Week High: More Upside Left? — Comentario sobre el precio de la acción sin información nueva; la posición en el rango ya está capturada en el momentum.
Verdict: Hold; the revenue guidance upgrade and business strength justify the position, but the valuation offers no margin of safety.
Main risk: Concentration of the business in options trading volumes, which are cyclical and sensitive to market volatility; a prolonged decline in activity would reduce commission revenue.
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