Insider buying last 90 days
No open-market insider purchases were filed for CBOE in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every CBOE insider filing, plotted on the chart in Gekko.Open CBOE in Gekko
CBOE Global Markets (CBOE) Stock Analysis & Forecast
$272.86+6.19 (+2.3%)
Close on Sep 18, 2026. Page updated Sep 19, 9:17 pm ET.
Gekko Brief
AI summaryCBOE closes at $272.86, up 2.3% on the session, with the stock sitting below both its 50-day average of $289.62 and its 200-day average of $286.35. The GekkoIndex reads 66.5, placing the stock in the Accumulation zone, up 4.6 over the last five readings. Against a Gekko Fair Value of $299.97, the current price sits 9% below that mark.
Recent coverage centers on two threads: a piece questioning whether CBOE is underperforming the Nasdaq, citing dampening volatility and increased competition alongside the stock's position below its moving averages, and Barclays reiterating a Buy rating with a $354 price target. Other items recap past quarterly results, including the most recent report on 31 July 2026, when adjusted EPS of $3.56 beat the $3.49 estimate, part of a run of 7 beats in the last 8 quarters, with an average absolute reaction of 4%.
The next earnings date falls on 30 October 2026, 40 days out, before the open, placing it outside a typical 20-trading-day holding window. Over the last 30 days, one unusual options signal has appeared, with call premium of $909,165 against put premium of $82,225. Seasonally, the next 20 trading days have averaged a 2.4% gain over 5 years, rising in 4 of those years. Across 14 covering firms, ratings split 4 buy, 7 hold and 3 sell, with a consensus target of $315.64.
Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.
Price vs fair value
Close $272.86200-day averageGekko Fair Value $299.97
Key stats
- Market cap
- $28.56B
- P/E ratio
- 21.1
- Forward P/E
- 22
- EPS, TTM
- $12.82
- Revenue, TTM
- $5.06B
- Profit margin
- 26.7%
- Dividend yield
- 1.06%
- Beta
- 0.41
- Volume
- 1.87M avg 1.05M
- 1-year return
- +15.2%
- Typical daily move
- ±3.9%
- Typical 20-day move
- ±3.6%
- 50-day average
- $289.62
- 200-day average
- $286.35
- Next earnings
- Oct 30 before open
- Shares outstanding
- 104.4M
CBOE Global Markets swing-trade checklist
CBOE Global Markets scores 5 supportive, 1 mixed and 0 headwinds across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
5 supportive1 mixed0 headwinds
- Trendmixed
Averages disagree
Close $272.86 sits between the 50-day ($289.62) and 200-day ($286.35) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
66.5, Accumulation
Reading 66.5 is in the Accumulation zone.
See the GekkoIndex - Fair valuesupportive
9.0% below
Price is 9% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneysupportive
Leans bullish
Last 30 days: 1 unusual options signal.
See smart money - Earnings risksupportive
Reports in 40 days
Next report Oct 30, 2026, 40 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+2.4% on average
From this point in the calendar, the next 20 trading days averaged +2.4% over 5 years, rising in 4 of them.
See seasonality
A description of current data, not a recommendation. How this page works
CBOE Global Markets stock chart and price history
CBOE Global Markets closed at $272.86 on Sep 18, 2026, +15.2% over the past year, inside a 52-week range of $227.15 to $371.18.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −2.8%
- 3 months
- +9.5%
- 6 months
- −4.1%
- 1 year
- +15.2%
The full CBOE chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open CBOE in Gekko
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About CBOE Global Markets
CBOE Global Markets runs a group of financial exchanges around the world, with particular recognition for its options trading venues operated through a network of subsidiaries. Its markets bring together buyers and sellers across listed products, giving traders and institutions a place to execute transactions in indices, equities, futures, and related instruments.
The company organizes its work into five segments. Options covers trading in listed market indices, while North American Equities handles listed stock transactions in the United States and Canada along with trading and listing services for exchange-traded products. Futures trading forms its own segment, and the Europe and Asia Pacific division supports pan-European equities and derivatives, exchange-traded products, exchange-traded commodities, international depository receipts, and related listing and clearing work. A Global FX segment serves institutional foreign exchange and non-deliverable forward transactions. CBOE Global Markets also maintains partnerships with index and data providers including S&P Dow Jones Indices, FTSE International, Frank Russell Company, MSCI, and DJI Opco.
The company traces its roots to Chicago, Illinois, in 1973, and was formerly known as CBOE Holdings before adopting its current name in October 2017. Its shares trade under the ticker CBOE.
- Sector
- Finance
- Website
- cboe.com
CBOE Global Markets GekkoIndex: the smart money zone
CBOE Global Markets’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 66.5, in the Accumulation zone, up 4.6 points over five sessions.
66.5Accumulation
Up 4.6 points over five sessions.
Reading for Sep 18, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 11 | +0.8% | −1.0% | ||
| Accumulation (current zone) | 143 | +1.1% | +5.1% | ||
| Neutral | 418 | +0.3% | +1.6% | ||
| Distribution | 43 | +0.3% | −3.7% | ||
| Selling | 0 | Not available | |||
Average CBOE share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the CBOE price, zone by zone.Track CBOE in Gekko
Is CBOE Global Markets stock overvalued? Gekko Fair Value
CBOE Global Markets trades 9.0% below Gekko Fair Value of $299.97, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what CBOE Global Markets shares are worth, recalculated every trading day.
$299.97
Gekko Fair Value, Sep 18, 2026
9.0% Undervalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open CBOE in Gekko
CBOE Global Markets insider and Congress trading
No open-market insider purchases were filed for CBOE Global Markets, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in CBOE were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for CBOE, plotted on the chart in Gekko.Open CBOE in Gekko
Buybacks
CBOE Global Markets has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $34.40M
- As a share of market cap
- 0.12%
- Trailing four quarters
- $81.50M
From company filings.
Unusual options activity last 30 days
1signal, 92% of the flagged premium in calls.
Latest: Bullish flow on Aug 22, $991K in unusual premium.
Hedge funds and billionaires quarter ended Jun 30
0of the funds Gekko tracks hold CBOE.
0added0opened0trimmed1sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko
CBOE Global Markets earnings: next date and track record
CBOE Global Markets reports on Oct 30, 2026, before the open (40 days away), and beat the EPS estimate in 7 of its last 8 reports.
Next earnings report
Oct 30, 2026
Expected before the open, 40 days away
- EPS estimate
- $3.36
- Revenue estimate
- $707.1M
7 of 8reports beat the EPS estimate
±4%average move across the report
7 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jul 31, 2026 AI summary
- What they said
- Cboe reported a strong second quarter with record net revenue of $732 million (up 25% year-over-year) and adjusted diluted EPS of $3.56 (up 45%). Growth was broad-based across all five company segments, led by derivatives where net revenue rose 30% driven by record index options volumes (notably SPX and 0DTE). Data Vantage and cash/spot markets also posted double-digit growth, and adjusted operating EBITDA margin expanded to 72.2% due to revenue strength and expense discipline. Management highlighted strategic initiatives including product innovation (Cboe Predicts, XSP binaries), a filing for company-specific KPI event contracts and plans to clear them at Cboe Clear U.S., expansion of clearing capabilities, and international retail distribution expansion. Management also noted favorable retail trends (including increased activity after repeal of the pattern day trader rule), strong demand for market data, and progress on executive leadership. Management was upbeat about growth opportunities but remained measured on regulatory timelines and did not bake material revenue from the new KPI products into 2026 guidance.
- Guidance
- Management updated 2026 guidance by dialing up the total net revenue growth rate to the high teens; they explicitly stated they have not incorporated any meaningful revenue contribution from the newly filed company KPI products into 2026 guidance.
- Risks flagged
- Regulatory uncertainty around SEC approval and potential SEC/CFTC interactions for company-specific KPI contracts; timing of approvals is unknown. New products are still early-stage and not included in guidance. Potential market-structure shifts (e.g., semi-annual reporting) and competition from vertically integrated broker-dealer platforms may affect adoption/pricing. Execution risk in expanding clearing capabilities and any inorganic investments remain uncertain.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 31, 2026 | $3.56 est $3.49 | $731.6M est $718.6M | +0.4% |
| May 1, 2026 | $3.66 est $3.31 | $728.9M est $689.7M | +12.9% |
| Feb 6, 2026 | $3.06 est $2.95 | $671.1M est $659.5M | +2.0% |
| Oct 31, 2025 | $2.67 est $2.53 | $1.14B est $624.3M | +4.3% |
| Aug 1, 2025 | $2.46 est $2.42 | $1.17B est $574.3M | +4.1% |
| May 2, 2025 | $2.50 est $2.36 | $1.20B est $560.7M | +4.7% |
| Feb 7, 2025 | $2.10 est $2.13 | $1.11B est $530.7M | +1.3% |
| Nov 1, 2024 | $2.22 est $2.19 | $1.06B est $530.8M | −1.9% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
CBOE Global Markets stock forecast and analyst price targets
Analysts’ average 12-month price target for CBOE Global Markets is $315.64, +15.7% from the last close, from 14 firms rating the stock in the last 90 days.
$315.64consensus 12-month target, +15.7% from the last close
Now $272.86Avg $315.64
Low $258High $380
Each firm’s latest rating in the last 90 days: 14 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 17 | Barclays | $354 | +29.7% |
| Sep 4 | UBS | $335 | +22.8% |
| Sep 3 | William Blair | — | — |
| Aug 25 | Argus Research | — | — |
| Aug 5 | Bank of America Securities | $356 | +30.5% |
+5.1%average 20-day move after past Accumulation readings
+2.4%average move over the next 20 trading days in the last 5 years
±3.9%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
CBOE Global Markets seasonality: the next 20 trading days
Over the next 20 trading days from Sep 19, CBOE Global Markets averaged +2.4% across the last 5 years, rising in 4 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −0.2% | 3 of 5 |
| Next 10 trading days | +0.7% | 4 of 5 |
| Next 15 trading days | +1.5% | 3 of 5 |
| Next 20 trading days | +2.4% | 4 of 5 |
| Next 30 trading days | +4.6% | 4 of 5 |
For scale, CBOE’s typical 20-trading-day move in either direction is about 3.6%.
CBOE Global Markets market cap and key statistics
CBOE Global Markets’s market cap is $28.56B, with a P/E ratio of 21.1 and revenue of $5.06B over the last twelve months.
Valuation
- Market cap
- $28.56B
- P/E ratio
- 21.1
- Forward P/E
- 22
- EPS, TTM
- $12.82
- Gekko Fair Value
- $299.97
Trading
- Volume
- 1.87M
- Avg volume, 20 days
- 1.05M
- 52-week high
- $371.18
- 52-week low
- $227.15
- Shares outstanding
- 104.4M
Financials
- Revenue, TTM
- $5.06B
- Profit margin
- 26.7%
- Return on equity
- 26.3%
- Quarterly earnings growth, YoY
- +50.2%
Risk and income
- Beta
- 0.41
- Typical daily move
- ±3.9%
- Typical 20-day move
- ±3.6%
- Dividend yield
- 1.06%
CBOE Global Markets stock news this week
Coverage of CBOE Global Markets this week reads positive: 6 positive, 1 neutral and 1 negative headlines.
- Is Cboe Global Markets Stock Underperforming the Nasdaq?Yahoo Finance, Sep 18
- Cboe Global Markets Inc (C67) Q3 2022 Earnings Report - Results, Call & SlidesTipRanks, Sep 18
- Cboe Global Markets Inc (C67) Q2 2024 Earnings Report - Results, Call & SlidesTipRanks, Sep 18
- Cboe Global Markets Inc (C67) Q1 2024 Earnings Report - Results, Call & SlidesTipRanks, Sep 18
- Barclays Maintains Cboe Global Markets(CBOE.US) With Buy Rating, Maintains Target Price $354Moomoo, Sep 17
- Cboe Global Markets Inc (C67) Q3 2024 Earnings Report - Results, Call & SlidesTipRanks, Sep 17
CBOE Global Markets stock FAQ
What is CBOE Global Markets’s market cap?
CBOE Global Markets’s market cap is $28.56B at the Sep 18, 2026 close of $272.86, with 104.4M shares outstanding. The shares trade on a P/E ratio of 21.1.
What is the CBOE Global Markets stock forecast?
The consensus analyst 12-month price target for CBOE Global Markets is $315.64, +15.7% from the last close. Of the 14 firms that rated the stock in the last 90 days, 4 rate it a buy, 7 a hold and 3 a sell. Gekko doesn’t publish price predictions of its own.
Is CBOE Global Markets stock overvalued or undervalued?
On Gekko’s estimate CBOE Global Markets is undervalued: the Sep 18, 2026 close of $272.86 is 9.0% below Gekko Fair Value of $299.97. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does CBOE Global Markets report earnings next?
CBOE Global Markets is expected to report on Oct 30, 2026, before the market opens (40 days away). Analysts expect earnings of $3.36 per share on revenue of $707.1M. CBOE Global Markets beat the earnings estimate in 7 of its last 8 reports, moving 4% on average across the report.
What is CBOE Global Markets’s 52-week high and low?
CBOE Global Markets’s 52-week high is $371.18 and its 52-week low is $227.15; it closed at $272.86 on Sep 18, 2026, +15.2% over the past year.
Is CBOE Global Markets stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 5 of the 6 items with data read as supportive (gekkoindex, fair value, smart money, earnings risk and seasonality), 1 as mixed (trend). The checklist is a description of current data, not a recommendation.
Is there unusual options activity in CBOE Global Markets?
Gekko flagged 1 unusual options signal in CBOE Global Markets over the last 30 days, with $909K of flagged premium in calls and $82K in puts. The latest, bullish flow, was on Aug 22, 2026 with $991K in unusual premium. The signal-by-signal table is in Gekko.
How this page works
Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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