Insider buying last 90 days
No open-market insider purchases were filed for TW in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every TW insider filing, plotted on the chart in Gekko.Open TW in Gekko
NASDAQ: TW
Tradeweb Markets (TW) Stock Analysis & Forecast
Sep 28 close
$100.77−0.42 (−0.4%)
Gekko Brief
AI summaryThis week's news flow for Tradeweb centers on a stockholder investigation announced by Kaskela Law Firm on 22 September, alongside a product update the same day in which Tradeweb rolled out enhancements to its Ai-Price automated bond pricing engine, including expanded data inputs and upgraded machine learning models with more real-time, intraday-responsive capability.
Shares closed at $100.77, down 0.4%, sitting below both the 50-day average of $103.43 and the 200-day average of $108.38, with the 50-day also below the 200-day. Over the past month the stock is down 6.8%, though it remains up 9.4% over three months and down 13.6% over six months and 8.8% over the past year. The GekkoIndex reads 62.8, placing it in the Accumulation zone. Price sits 9.6% below Gekko Fair Value of $111.50.
Tradeweb's next earnings report is scheduled for 29 October 2026, 30 days out and beyond a typical 20-trading-day hold; its last report on 30 July showed EPS of $0.97 against a $0.96 estimate, followed by a 7.1% reaction, and it has beaten estimates in 7 of the last 8 quarters. No insider, Congress or unusual options activity appears in their respective windows, though one billionaire holder and one trailblazer holder are recorded. Seasonally, the next 20 trading days have averaged a 1.6% return over 5 years, rising in 3 of them. Analyst coverage from 11 firms shows 6 buy and 5 hold ratings, with a consensus target of $123.64.
Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.
Tradeweb Markets price vs fair value
Close $100.77200-day averageGekko Fair Value $111.50
Tradeweb Markets quick facts
- Market cap
- $21.45B
- P/E ratio
- 23.9
- Forward P/E
- 26
- EPS, TTM
- $4.23
- Revenue, TTM
- $2.20B
- Profit margin
- 40.7%
- Dividend yield
- 0.52%
- Beta
- 0.63
- Volume
- 1.36M avg 1.31M
- 1-year return
- −8.8%
- Typical daily move
- ±2.5%
- Typical 20-day move
- ±5%
- 50-day average
- $103.43
- 200-day average
- $108.38
- Next earnings
- Oct 29
- Shares outstanding
- 114.0M
Tradeweb Markets swing-trade checklist
Tradeweb Markets scores 4 supportive, 0 mixed and 1 headwind across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
4 supportive0 mixed1 headwind
- Trendheadwind
Below 50 and 200-day
Close $100.77 is below the 50-day ($103.43) and 200-day ($108.38) averages, and the 50-day is below the 200-day.
See the chart - GekkoIndexsupportive
62.8, Accumulation
Reading 62.8 is in the Accumulation zone.
See the GekkoIndex - Fair valuesupportive
9.6% below
Price is 9.6% 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 risksupportive
Reports in 30 days
Next report Oct 29, 2026, 30 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+1.6% on average
From this point in the calendar, the next 20 trading days averaged +1.6% over 5 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Tradeweb Markets stock chart and price history
Tradeweb Markets closed at $100.77 on Sep 28, 2026, −8.8% over the past year, inside a 52-week range of $91.42 to $127.69.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −6.8%
- 3 months
- +9.4%
- 6 months
- −13.6%
- 1 year
- −8.8%
The full TW chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open TW in Gekko
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About Tradeweb Markets
Tradeweb Markets builds and runs electronic trading networks that let firms buy and sell fixed income, money market instruments, and equities. Its platforms span the Americas, Europe, the Middle East, Africa, and Asia Pacific, and beyond pure execution the company supplies pre-trade analytics, trade processing, and post-trade reporting and data tools. It is recognized for connecting a wide mix of financial market participants through these digital venues.
The business is structured around distinct platforms for different users. Institutional investors get order management and trading systems across 45 markets and 25 currencies, while Dealerweb links roughly 300 dealers and financial institutions through electronic, voice, and hybrid trading. Tradeweb Direct serves financial advisors and individual investors. Altogether the company works with about 2,500 client entities, including asset managers, hedge funds, insurers, central banks, commercial banks, dealers, proprietary trading firms, retail brokerages, and advisory firms, spanning institutional, wholesale, and retail activity. It functions as a subsidiary of Refinitiv Parent Limited.
Tradeweb Markets was founded in 1996 and is headquartered in New York, New York. Its shares are listed on the NASDAQ under the ticker TW.
- Listed
- NASDAQ
- Sector
- Finance
- Industry
- Investment banks/Brokers
- Website
- tradeweb.com
Tradeweb Markets GekkoIndex: the smart money zone
Tradeweb Markets’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 62.8, in the Accumulation zone, up 6.4 points over five sessions.
62.8Accumulation
Up 6.4 points over five sessions, from the Neutral zone.
Reading for Sep 28, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 22 | +0.1% | −2.7% | ||
| Accumulation (current zone) | 238 | +0.4% | +0.7% | ||
| Neutral | 355 | 0.0% | +0.6% | ||
| Distribution | 52 | −0.3% | −1.2% | ||
| Selling | 5 | Too few readings yet | |||
Average TW 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 TW price, zone by zone.Track TW in Gekko
Is Tradeweb Markets stock overvalued? Gekko Fair Value
Tradeweb Markets trades 9.6% below Gekko Fair Value of $111.50, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Tradeweb Markets shares are worth, recalculated every trading day.
$111.50
Gekko Fair Value, Sep 26, 2026
9.6% Undervalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open TW in Gekko
Tradeweb Markets insider and Congress trading
No open-market insider purchases were filed for Tradeweb 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 TW were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for TW, plotted on the chart in Gekko.Open TW in Gekko
Buybacks
Tradeweb Markets has been buying back its own shares.
- Latest authorization
- $500.0M, Feb 5, 2026
- Bought back, quarter ended Jun 30, 2026
- $53.33M
- As a share of market cap
- 0.25%
- Trailing four quarters
- $211.2M
From company filings.
Hedge funds and billionaires quarter ended Jun 30
2of the funds Gekko tracks hold TW.
0added1opened1trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko
Tradeweb Markets earnings: next date and track record
Tradeweb Markets reports on Oct 29, 2026 (30 days away), and beat the EPS estimate in 7 of its last 8 reports.
Next earnings report
Oct 29, 2026
30 days away
- EPS estimate
- $0.99
- Revenue estimate
- $575.1M
7 of 8reports beat the EPS estimate
±3%average move across the report
4 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jul 30, 2026 AI summary
- What they said
- Tradeweb's Q2 2026 earnings call highlighted strong performance: second-highest quarterly revenue of $559 million (up 9% YoY), nearly $1.2 billion revenue in H1, with June revenue +20% YoY; growth driven by deeper client engagement, broader electronification across markets, and investments in technology and AI (TARA, Ai-Price). International revenue ~44%. Variable trading revenue +9%, fixed trading +5%; other revenue $7.9M (+1%). Management emphasized durable, broad-based growth across rates, credit, equities, and mortgages, and noted continued opportunities from primary issuance and client demand despite macro uncertainty. Management discussed competition (ICE acquisition of MarketAxess) as validation of the space and not an immediate threat; sees opportunities to gain share. Expenses: incremental investments in data infrastructure ($5M increase), AI client-facing innovation, and digital/frontier markets; ~45% of expense base variable and discretionary. Capital allocation: ~$2B cash, ~$1.5B excess after reserves; repurchases ongoing ($200M deployed), open to opportunistically deploy remaining authorization; prioritizes accretive M&A and strategic investments. Engagement with TARA and Kalshi early but encouraging. Outlook: July ADR growth up low-teens YoY; diversity and durability of growth expected to continue into Q3. Q&A tone confident and opportunistic.
- Guidance
- July ADR growth up low-teens year-over-year relative to July 2025; management commentary that growth drivers are carrying into Q3 and that June revenue grew >20% YoY. No formal numeric forward guidance beyond commentary on July trends and expense directionality; expense guidance: incremental investments in data, AI, and frontier markets; ~45% of expense base variable. Capital deployment: continue share repurchases opportunistically; $500M earmarked for reg risk/working capital; ~$1.5B excess cash. No explicit revenue or EPS guidance provided.
- Risks flagged
- Management cited uncertainties: path of monetary policy, global economy, geopolitical developments, elections, and AI adoption; specific risk of a dealer stepping away impacting credit fixed revenue; potential competition from ICE/MarketAxess acquisition but viewed as validation; execution risk for investments and M&A; macro uncertainty could affect volumes. No material downward guidance.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 30, 2026 | $0.97 est $0.96 | $558.9M est $559.2M | −7.1% |
| Apr 29, 2026 | $0.96 est $0.88 | $617.8M est $617.2M | +0.8% |
| Feb 5, 2026 | $0.87 est $0.84 | $521.2M est $517.0M | +11.2% |
| Oct 30, 2025 | $0.87 est $0.83 | $508.6M est $507.5M | 0.0% |
| Jul 30, 2025 | $0.87 est $0.86 | $513.0M est $514.3M | +0.2% |
| Apr 30, 2025 | $0.86 est $0.86 | $509.7M est $512.0M | +0.5% |
| Feb 6, 2025 | $0.76 est $0.74 | $463.3M est $458.0M | −0.7% |
| Oct 30, 2024 | $0.75 est $0.76 | $448.9M est $450.9M | −3.4% |
“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.
Tradeweb Markets stock forecast and analyst price targets
Analysts’ average 12-month price target for Tradeweb Markets is $123.64, +22.7% from the last close, from 11 firms rating the stock in the last 90 days.
$123.64consensus 12-month target, +22.7% from the last close
Now $100.77Avg $123.64
Low $98High $178
Each firm’s latest rating in the last 90 days: 11 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 17 | Bank of America Securities | $178 | +76.6% |
| Sep 9 | UBS | $145 | +43.9% |
| Sep 4 | William Blair | — | — |
| Aug 7 | Morgan Stanley | $123 | +22.1% |
| Aug 5 | Bank of America Securities | $178 | +76.6% |
+0.7%average 20-day move after past Accumulation readings
+1.6%average move over the next 20 trading days in the last 5 years
±2.5%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.
Tradeweb Markets seasonality: the next 20 trading days
Over the next 20 trading days from Sep 26, Tradeweb Markets averaged +1.6% across the last 5 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −0.2% | 1 of 5 |
| Next 10 trading days | +0.1% | 3 of 5 |
| Next 15 trading days | +1.1% | 3 of 5 |
| Next 20 trading days | +1.6% | 3 of 5 |
| Next 30 trading days | +5.8% | 3 of 5 |
For scale, TW’s typical 20-trading-day move in either direction is about 5%.
Tradeweb Markets market cap and key statistics
Tradeweb Markets’s market cap is $21.45B, with a P/E ratio of 23.9 and revenue of $2.20B over the last twelve months.
Valuation
- Market cap
- $21.45B
- P/E ratio
- 23.9
- Forward P/E
- 26
- EPS, TTM
- $4.23
- Gekko Fair Value
- $111.50
Trading
- Volume
- 1.36M
- Avg volume, 20 days
- 1.31M
- 52-week high
- $127.69
- 52-week low
- $91.42
- Shares outstanding
- 114.0M
Financials
- Revenue, TTM
- $2.20B
- Profit margin
- 40.7%
- Return on equity
- 14.5%
- Quarterly earnings growth, YoY
- +19.7%
Risk and income
- Beta
- 0.63
- Typical daily move
- ±2.5%
- Typical 20-day move
- ±5%
- Dividend yield
- 0.52%
Tradeweb Markets stock news this week
2 headlines about Tradeweb Markets from the past week, newest first, each linking to the publisher.
Tradeweb Markets peers
Tradeweb Markets’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| GSGoldman Sachs | Accumulation | 13.7% below |
| SCHWCharles Schwab | Buying | 13.9% below |
| IBKRInteractive Brokers | Accumulation | 10.2% below |
| HOODRobinhood Markets | Neutral | 1.5% above |
| BNYBank of New York Mellon | Accumulation | 8.6% below |
| CMECME | Accumulation | 4.3% below |
A peer links to its own page where one exists.
Tradeweb Markets stock FAQ
What is Tradeweb Markets’s market cap?
Tradeweb Markets’s market cap is $21.45B at the Sep 28, 2026 close of $100.77, with 114.0M shares outstanding. The shares trade on a P/E ratio of 23.9.
What is the Tradeweb Markets stock forecast?
The consensus analyst 12-month price target for Tradeweb Markets is $123.64, +22.7% from the last close. Of the 11 firms that rated the stock in the last 90 days, 6 rate it a buy, 5 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Tradeweb Markets stock overvalued or undervalued?
On Gekko’s estimate Tradeweb Markets is undervalued: the Sep 28, 2026 close of $100.77 is 9.6% below Gekko Fair Value of $111.50. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Tradeweb Markets report earnings next?
Tradeweb Markets is expected to report on Oct 29, 2026 (30 days away). Analysts expect earnings of $0.99 per share on revenue of $575.1M. Tradeweb Markets beat the earnings estimate in 7 of its last 8 reports, moving 3% on average across the report.
What is Tradeweb Markets’s 52-week high and low?
Tradeweb Markets’s 52-week high is $127.69 and its 52-week low is $91.42; it closed at $100.77 on Sep 28, 2026, −8.8% over the past year. Over the last five years the shares peaked at $152.65 on Apr 3, 2025.
Is Tradeweb Markets stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 5 items with data read as supportive (gekkoindex, fair value, earnings risk and seasonality) and 1 as a headwind (trend). 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 →
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