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$CBOE

12 stories mentioning CBOE

Every FINWIRES story that references CBOE, newest first.

Wire

Market Chatter: SpaceX Options to Start Trading Tuesday After Shares Debut

Space Exploration Technologies (SPCX) options will begin trading Tuesday after the company's shares debuted on Friday, Bloomberg reported.SpaceX options will be listed on Cboe Global Markets (CBOE) and Nasdaq (NDAQ), spokespeople for the exchanges said, according to the report.Other exchanges, including Intercontinental Exchange's (ICE) NYSE and Miami International Holdings, are expected to list the options early next week, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $174.97, Change: $+39.97, Percent Change: +29.61%

$CBOE$ICE$NDAQ$SPCX
Research

Research Alert: CFRA Lowers Opinion On Shares Of Cboe Global Markets To Buy From Strong Buy

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Our reduced opinion reflects rising competition. Previously, we expected CBOE's valuation multiple to continue to expand alongside its strong earnings and revenue growth. However, the CFTC's approval of Bitcoin perpetual futures at Kalshi is likely to pressure valuations for traditional exchange operators as investors fear more approvals are in the pipeline. If regulators extend approval to other asset classes and trading products, traditional exchanges could lose significant market share, especially in retail trading. We believe CBOE faces the greatest risk given its significant, fast-growing retail businesses. CME Group (CME 249 ****), Nasdaq (NDAQ 88 *****), and Intercontinental Exchange (ICE 141 ****) are also likely to face pressure, though less severely due to their stronger institutional focus. We lower our 12-month target price by $85 to $365, based on a forward P/E of 26.6x our 2027 estimate, a premium to the peer average of 19.6x, given less vulnerability to AI disruption and efficiency improvements.

$CBOE
Insider Trading

Cboe Global Markets Insider Sold Shares Worth $437,944, According to a Recent SEC Filing

Janet P Froetscher, Director, on May 18, 2026, sold 1,223 shares in Cboe Global Markets (CBOE) for $437,944. Following the Form 4 filing with the SEC, Froetscher has control over a total of 13,807 common shares of the company, with 13,807 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1374310/000149384826000004/xslF345X05/form4-05202026_080514.xml

$CBOE
Research

Research Alert: CFRA Keeps Strong Buy Opinion On Shares Of Cboe Global Markets

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our 12-month target price by $70 to $450, based on a forward P/E of 32.8x our 2027 estimate, a premium to the peer average of 20.3x, given the rapid adoption of CBOE's high-margin derivative products. We raise our 2026 EPS view by $1.86 to $13.49 and lift 2027's by $0.93 to $13.71. Last quarter, we noted that CBOE's guidance appeared conservative and predicted the exchange would surpass the expectations. This view was immediately validated when CBOE raised its 2026 revenue guidance from mid single-digit growth to low-double-digit/mid-teens growth. However, the more significant story is CBOE's operational efficiency gains. Despite revenue surging 29% in Q1 2026, the company kept expense growth to just 4%. We expect this trend to continue as CBOE's strategic restructuring (including selling, winding down, and optimizing certain businesses) will reduce headcount by 20% even as the company posts record revenues. This should drive CBOE's operating margin in 2026 to its highest level since at least 2019.

$CBOE
Research

Research Alert: CFRA Keeps Strong Buy Opinion On Shares Of Cboe Global Markets

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our 12-month target price by $70 to $450, based on a forward P/E of 32.8x our 2027 estimate, a premium to the peer average of 20.3x, given the rapid adoption of CBOE's high-margin derivative products. We raise our 2026 EPS view by $1.86 to $13.49 and lift 2027's by $0.93 to $13.71. Last quarter, we noted that CBOE's guidance appeared conservative and predicted the exchange would surpass the expectations. This view was immediately validated when CBOE raised its 2026 revenue guidance from mid single-digit growth to low-double-digit/mid-teens growth. However, the more significant story is CBOE's operational efficiency gains. Despite revenue surging 29% in Q1 2026, the company kept expense growth to just 4%. We expect this trend to continue as CBOE's strategic restructuring (including selling, winding down, and optimizing certain businesses) will reduce headcount by 20% even as the company posts record revenues. This should drive CBOE's operating margin in 2026 to its highest level since at least 2019.

$CBOE
International

S&P 500, Nasdaq Climb to Records on Tech, Consumer Discretionary Gains

The S&P 500 and the Nasdaq Composite extended rallies to records, led by technology and consumer discretionary stocks, as crude oil prices fell.* The Dow Jones Industrial Average eased as other stock sectors declined.* Tehran delivered a new proposal to the US, while President Donald Trump vowed to maintain a naval blockade, Bloomberg reported.* The Institute for Supply Management's US manufacturing index was unchanged in April at 52.7, below the 53.2 reading projected in a Bloomberg survey.* The Atlanta Federal Reserve's Q2 gross domestic product Nowcast came in at 3.5%, down from 3.7% previously.* June West Texas Intermediate crude oil fell $2.91 to settle at $102.15 per barrel, while July Brent crude, the global benchmark, was last seen down $1.88 at $108.62.* Cboe Global Markets (CBOE) shares rose 9.1%, the biggest gain on the S&P, after the company posted higher Q1 adjusted earnings and revenue.* Clorox (CLX) shares fell 9.7%, the largest decline on the S&P, after the company lowered its fiscal 2026 adjusted EPS guidance.

Dow JonesNasdaq CompositeS&P 500$CBOE$CLX
Sectors

Sector Update: Financial Stocks Decline Late Afternoon

Financial stocks were softer in late Friday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each down about 0.2%.The Philadelphia Housing Index was shedding 1.2%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) eased 0.1%Bitcoin (BTC-USD) advanced 2.8% to $78,463, and the yield for 10-year US Treasuries decreased 1.2 basis points to 4.378%.In economic news, the S&P Global US manufacturing index for April was revised slightly upwards to 54.5 from the flash reading of 54.0, compared with expectations for a no revision in a survey compiled by Bloomberg.The Institute for Supply Management's US manufacturing index was unchanged in April from the 52.7 reading in March, below the expectations for a 53.2 reading in a survey compiled by Bloomberg.In regulatory news, the US Securities and Exchange Commission's proposal to let public companies report results twice a year instead of every quarter has passed a White House review, according to an Office of Management and Budget document.In sector news, Opay Digital Services has hired Citigroup (C), Deutsche Bank (DB), and JPMorgan (JPM) as the Nigerian payments platform prepares for an initial public offering in the US, Bloomberg reported.In corporate news, BayFirst Financial (BAFN) shares fell past 25% after it reported late Thursday a wider Q1 loss and lower revenue.UWM (UWMC) is urging Two Harbors Investment's (TWO) shareholders to press the board to accept its $12-per-share acquisition bid, up from prior $11.30 offer, according to an open letter Thursday. Two Harbors shares jumped past 8%, and UWM rose 3.5%.Cboe Global Markets (CBOE) shares were up more than 8% after the company posted higher Q1 adjusted earnings and revenue.Aon (AON) reported Q1 adjusted earnings Friday of $6.48 per diluted share, up from $5.67 a year earlier. Analysts polled by FactSet expected $6.37. Aon shares were 0.3% higher.

$AON$BAFN$CBOE$TWO$UWMC
Sectors

Sector Update: Financial Stocks Mixed Friday Afternoon

Financial stocks were mixed in Friday afternoon trading, with the NYSE Financial Index down 0.1% and the State Street Financial Select Sector SPDR ETF (XLF) increasing 0.3%.The Philadelphia Housing Index was shedding 0.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) eased 0.2%Bitcoin (BTC-USD) advanced 2.5% to $78,207, and the yield for 10-year US Treasuries was decreasing 1.6 basis points to 4.37%.In economic news, the S&P Global US manufacturing index for April was revised slightly upwards to 54.5 from the flash reading of 54.0, compared with expectations for a no revision in a survey compiled by Bloomberg.The Institute for Supply Management's US manufacturing index was unchanged in April from the 52.7 reading in March, below the expectations for a 53.2 reading in a survey compiled by Bloomberg.In corporate news, UWM (UWMC) is urging Two Harbors Investment's (TWO) shareholders to press the board to accept its sweetened $12-per-share acquisition bid, up from the prior $11.30 offer, according to an open letter Thursday. Two Harbors shares jumped past 7% in Friday trading, and UWM rose 2.1%.Cboe Global Markets (CBOE) shares were up more than 7% after the company posted higher Q1 adjusted earnings and revenue.Aon (AON) reported Q1 adjusted earnings Friday of $6.48 per diluted share, up from $5.67 a year earlier. Analysts polled by FactSet expected $6.37. Aon shares rose 1%.

$AON$CBOE$TWO$UWMC
Treasury

Cboe Global Markets Cutting Workforce by 20%

Cboe Global Markets (CBOE) said Friday it is reducing its workforce by about 20%.Price: $324.55, Change: $+24.46, Percent Change: +8.15%

$CBOE
Treasury

Cboe Cutting Workforce by 20%

Cboe Cutting Workforce by 20%

$CBOE
Sectors

Sector Update: Financial Stocks Rise Premarket Friday

Financial stocks were rising premarket Friday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 0.4%.The Direxion Daily Financial Bull 3X Shares (FAS) was 1.1% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 1.1%.Aon (AON) shares were up more than 2% after the company reported higher Q1 adjusted earnings and revenue.Ares Management (ARES) stock was up more than 2% after the company posted higher Q1 earnings and revenue.Cboe Global Markets (CBOE) shares were up more than 5% after the company posted higher Q1 adjusted earnings and revenue.

$AON$ARES$CBOE$FAS$FAZ$XLF
Research

Research Alert: Cboe Delivers Exceptional Q1 As Options Trading Surges

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Cboe Global Markets, Inc. (CBOE) posted record Q1 2026 results with operating EPS of $3.70 vs. $2.50 a year ago, beating consensus by $0.33 as EPS surged 48%. Net revenue reached $729M, up 29% Y/Y and 3% above consensus estimates. CBOE's defensive nature was on full display as rising geopolitical uncertainty benefited results, with options revenue exploding 33% higher, reflecting 10% growth in total options ADV to 20.1M contracts and a 29% surge in index options ADV. Management announced additional organizational changes expected to reduce the workforce by approximately 20% as part of ongoing strategic realignment. The adjusted operating margin expanded 640 basis points to 72.4%, demonstrating exceptional scalability as expenses increased only 4% despite 29% revenue growth. We believe the company's focus on capital efficiency positions it well to invest in emerging growth areas, including financial event markets and tokenization initiatives, while maintaining strong prospects in core U.S. derivatives markets.

$CBOE