NYSE: MIAX

Miami International (MIAX) Stock Analysis & Forecast

Oct 12 close

$30.00−0.71 (−2.3%)

Gekko Brief

AI summaryOct 12 close

Miami International's week is shaped by analyst recalibration and fresh operating data. Morgan Stanley reiterated a Hold rating while cutting its target price to $43, and a separate roundup showed the 12-month price target trimmed to $47.4 from $48.8 across 5 analysts, with forecasts ranging from $35 to $62. Alongside this, MIAX reported September 2026 trading results showing a 22.0% year-to-date increase in options average daily volume, a record 10.983 million contracts, and market share reaching 17.1%, even as shares touched a new 52-week low of $32.74.

MIAX closes at $30.00, down 2.3%, sitting below both its 50-day average of $39.70 and 200-day average of $42.22. Trailing returns show a 1-month decline of 27.7%, a 3-month decline of 27.4%, and 6-month and 1-year declines of 30.1% each, within a 52-week range of $29.21 to $57.14. The GekkoIndex reads 71, placing the stock in the Buying zone, while price sits 31% below Gekko Fair Value of $43.49.

Earnings are due on 29 October 2026, 17 days away, falling inside a typical 20-trading-day holding window; the last report on 5 August 2026 showed EPS of $0.48 against a $0.41 estimate with a 0.3% reaction, continuing a streak of 5 beats in 5 quarters. No insider or Congress activity appears in the past 90 days, and no unusual options signals appear in the past 30 days, though one billionaire holder is recorded. Analyst coverage spans 6 firms with 3 buy and 3 hold ratings, no sells, and a consensus target of $48.8, implying 62.7% upside from current levels.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Miami International price vs fair value

$43.49$30.00Oct ’25Apr ’26Oct ’26
Close $30.00200-day averageGekko Fair Value $43.49

Miami International quick facts

Market cap
$2.90B
P/E ratio
30.7
Forward P/E
—
EPS, TTM
$1.00
Revenue, TTM
$1.47B
Profit margin
9.7%
Dividend yield
—
Beta
—
Volume
1.49M avg 2.06M
1-year return
−30.1%
Typical daily move
±4.8%
Typical 20-day move
±8.5%
50-day average
$39.70
200-day average
$42.22
Next earnings
Oct 29
Shares outstanding
99.23M
52-week range
$29.21$57.14

Miami International swing-trade checklist

Miami International scores 2 supportive, 0 mixed and 2 headwinds across the 4 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive0 mixed2 headwinds

  • Trendheadwind

    Below 50 and 200-day

    Close $30.00 is below the 50-day ($39.70) and 200-day ($42.22) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    71, Buying

    Reading 71 is in the Buying zone.

    See the GekkoIndex
  • Fair valuesupportive

    31.0% below

    Price is 31% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 17 days

    Reports on Oct 29, 2026, 17 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalityno data

    No data

    Not enough years of history for a seasonal read.

A description of current data, not a recommendation. How this page works

Miami International stock chart and price history

Miami International closed at $30.00 on Oct 12, 2026, −30.1% over the past year, inside a 52-week range of $29.21 to $57.14.

Close50-day average200-day averageVolume
Miami International share price, past year, with 50-day and 200-day moving averages and volume$40$50NovDecJan 2026FebMarAprMayJunJulAugSepOct30.00

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−27.7%
3 months
−27.4%
6 months
−30.1%
1 year
−30.1%
The full MIAX chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open MIAX in Gekko

Follow Miami International through every session

Put MIAX on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

Track MIAX in GekkoFree for 7 days. No credit card required.

About Miami International

Miami International brings together a group of exchanges that let investors trade options, futures, and stocks in one corporate family. Its options venues carry the names MIAX Options, MIAX Pearl, MIAX Emerald, and MIAX Sapphire, and stock trading runs through MIAX Pearl Equities. A separate platform, MIAX Futures, handles contracts in U.S. futures and related options, including ones based on hard red spring wheat.

The company also connects traders to listings abroad through BSX and TISE, and it works on the back end of trades as well, clearing U.S. futures and options under the MIAX Futures Clearing name. Through its subsidiary Dorman Trading, a futures commission merchant, it offers trade execution and clearing to a mix of clients, among them introducing brokers, retail traders, institutions, and professional market participants.

The company dates back to 2007 and runs its operations out of Princeton, New Jersey. Investors can find its shares on the NYSE, trading under the ticker MIAX.

Listed
NYSE
Sector
Finance
Industry
Investment banks/Brokers
Website
miaxglobal.com

Miami International GekkoIndex: the smart money zone

Miami International’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 71, in the Buying zone, up 1.6 points over five sessions.

010071Buying

Up 1.6 points over five sessions, from the Accumulation zone.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying (current zone)20−2.2%−3.1%+7.8%+8.6%
Accumulation86+0.5%+0.4%+2.3%+5.3%
Neutral149+0.2%+0.7%−0.1%−0.1%
Distribution31+0.5%+0.4%+0.1%+0.1%
Selling0Not available

Average MIAX share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.1% over 20 days. Past behaviour doesn’t guarantee future results.

Buying zone: Smart money likely accumulating heavily. About the five zones →

See every daily GekkoIndex reading plotted over the MIAX price, zone by zone.Track MIAX in Gekko

Is Miami International stock overvalued? Gekko Fair Value

Miami International trades 31.0% below Gekko Fair Value of $43.49, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Miami International shares are worth, recalculated every trading day.

$43.49

Gekko Fair Value, Oct 10, 2026

31.0% Undervalued

At the end of Aug 2026 the price was 11.8% below the estimate.

Gekko Fair ValueShare price, month end
$43$31Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open MIAX in Gekko

Miami International insider and Congress trading

No open-market insider purchases were filed for Miami International, 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.

Insider buying last 90 days

No open-market insider purchases were filed for MIAX in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every MIAX insider filing, plotted on the chart in Gekko.Open MIAX in Gekko

Congress trades last 90 days

No trades in MIAX were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for MIAX, plotted on the chart in Gekko.Open MIAX in Gekko

Buybacks

Miami International has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$3.75M
As a share of market cap
0.13%

From company filings.

Hedge funds and billionaires quarter ended Sep 30

1of the funds Gekko tracks holds MIAX.

0added1opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

Miami International earnings: next date and track record

Miami International reports on Oct 29, 2026 (17 days away), and beat the EPS estimate in 5 of its last 5 reports.

5 of 5reports beat the EPS estimate
±3.8%average move across the report
4 of 5reports followed by a gain

Share-price move across each report

−2.3%Sep ’25+6.1%Nov ’25+5.8%Feb ’26+4.3%May ’26+0.3%Aug ’26

Last earnings call, Aug 5, 2026 AI summary

What they said
MIAX reported record Q2 2026 net revenue of $141M, up 35% year-over-year, with adjusted EBITDA margin expanding 700+ basis points to 54% and adjusted diluted EPS of $0.48. Multi-listed options market share held at 16.5% with strong revenue per contract driven by mix. The company launched Bloomberg Financial Futures (B500/B100 contracts) and resolved Nasdaq litigation. Agricultural futures ADV grew 20% quarter-over-quarter.
Guidance
Management is focused on connecting retail brokers to Bloomberg Financial Futures as the next key milestone. Options share gains are expected over time through new functionality and pricing calibration. Growing IPO pipeline, including SpaceX and SK Hynix listings, is viewed as an additive volume driver.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 5, 2026$0.48
est $0.41
+17.1%$141.1M
est $135.9M
+3.9%+0.3%
May 6, 2026$0.42
est $0.36
+16.7%$128.6M
est $122.8M
+4.7%+4.3%
Feb 25, 2026$0.52
est $0.41
+26.8%$124.5M
est $120.6M
+3.2%+5.8%
Nov 5, 2025$0.42
est $0.31
+35.5%$339.8M
est $120.6M
+181.6%+6.1%
Sep 3, 2025$0.46
est $0.00
———−2.3%

“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.

Miami International stock forecast and analyst price targets

Analysts’ average 12-month price target for Miami International is $48.80, +62.7% from the last close, from 6 firms rating the stock in the last 90 days.

$48.80consensus 12-month target, +62.7% from the last close
Low $35High $62
Buy3
Hold3
Sell0

Each firm’s latest rating in the last 90 days: 6 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 9Morgan StanleyHold, maintained$43+43.3%
Oct 7KBWHold, maintained$35+16.7%
Oct 7Piper SandlerBuy, maintained$52+73.3%
Oct 2Piper SandlerBuy, maintained$52+73.3%
Oct 2Rosenblatt SecuritiesBuy, reiterated$62+106.7%
+7.8%average 20-day move after past Buying readings
±4.8%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.

Miami International market cap and key statistics

Miami International’s market cap is $2.90B, with a P/E ratio of 30.7 and revenue of $1.47B over the last twelve months.

Valuation

Market cap
$2.90B
P/E ratio
30.7
EPS, TTM
$1.00
Gekko Fair Value
$43.49

Trading

Volume
1.49M
Avg volume, 20 days
2.06M
52-week high
$57.14
52-week low
$29.21
Shares outstanding
99.23M

Financials

Revenue, TTM
$1.47B
Profit margin
9.7%
Return on equity
18.1%
Quarterly earnings growth, YoY
+32.7%

Risk and income

Typical daily move
±4.8%
Typical 20-day move
±8.5%

Miami International peers

Miami International’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
GSGoldman Sachs−0.5%Accumulation12.8% below
SCHWCharles Schwab0.0%Accumulation13.6% below
IBKRInteractive Brokers−0.4%Accumulation8.8% below
CMECME−1.6%Neutral0.5% below
HOODRobinhood Markets+0.5%Accumulation7.5% below
BNYBank of New York Mellon−0.1%Accumulation10.2% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Miami International stock FAQ

What is Miami International’s market cap?

Miami International’s market cap is $2.90B at the Oct 12, 2026 close of $30.00, with 99.23M shares outstanding. The shares trade on a P/E ratio of 30.7.

What is the Miami International stock forecast?

The consensus analyst 12-month price target for Miami International is $48.80, +62.7% from the last close. Of the 6 firms that rated the stock in the last 90 days, 3 rate it a buy, 3 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Miami International stock overvalued or undervalued?

On Gekko’s estimate Miami International is undervalued: the Oct 12, 2026 close of $30.00 is 31.0% below Gekko Fair Value of $43.49. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Miami International report earnings next?

Miami International is expected to report on Oct 29, 2026 (17 days away). Analysts expect earnings of $0.38 per share on revenue of $131.9M. Miami International beat the earnings estimate in 5 of its last 5 reports, moving 3.8% on average across the report.

What is Miami International’s 52-week high and low?

Miami International’s 52-week high is $57.14 and its 52-week low is $29.21; it closed at $30.00 on Oct 12, 2026, −30.1% over the past year.

Is Miami International stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 4 items with data read as supportive (gekkoindex and fair value) and 2 as headwinds (trend and earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each 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 →

See Miami International the way Gekko members do

Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.

Join 1,408 other traders using Gekko

Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.