Cboe Global Markets, Inc. is a large-cap financial exchange holding company based in Chicago with a market cap of $26.1 billion. It operates major derivatives and securities exchanges globally, including equities, options, futures, FX, ETPs, and digital assets.
Currently trading below its 52-week high, CBOE has gained 5.7% in the past three months, outperforming XLF. Over the past year, the stock has surged 23.3%, leading XLF’s 9.3% increase. Year-to-date, CBOE is up 27.8% compared to XLF’s 12.6% return.
CBOE has maintained a bullish trend, trading above its 200-day moving average and staying above its 50-day moving average since late October. Following its impressive Q3 earnings release, shares surged 3.7%, with total revenue reaching a record $1.1 billion.
Despite strong performance, analysts rate CBOE as a “Hold” with a mean price target of $256.86, suggesting a 2.4% premium. CBOE has outperformed ICE, gaining 2% over 52 weeks and 8.2% YTD. Analysts remain cautious about its future prospects.
Read more at Yahoo Finance: Is CBOE Outperforming the Financial Sector?
