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CBOE (CBOE) Surges 3.4%: Is This an Indication of Further Gains?
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CBOE Global (CBOE - Free Report) shares soared 3.4% in the last trading session to close at $261.75. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 15.6% loss over the past four weeks.
Cboe’s growth strategy revolves around expanding product lines across asset classes, broadening geographic reach, diversifying business mix with recurring revenues and leveraging technology.
The U.S. securities and exchanges market continues to benefit from higher retail participation, electronic trading and broader use of derivatives and alternative investment products. Cboe is extending access to this opportunity by planning 23x5 U.S. equities trading for December 2026, pending industry readiness, with a longer-term goal of around-the-clock access.
Its strong balance sheet supports investment in clearing, product development and technology while preserving capacity for dividends and opportunistic buybacks over time.
This holding company for the Chicago Board Options Exchange is expected to post quarterly earnings of $3.40 per share in its upcoming report, which represents a year-over-year change of +27.3%. Revenues are expected to be $697.52 million, up 15.2% from the year-ago quarter.
While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For CBOE, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on CBOE going forward to see if this recent jump can turn into more strength down the road.
CBOE is part of the Zacks Securities and Exchanges industry. S&P Global (SPGI - Free Report) , another stock in the same industry, closed the last trading session 0.9% lower at $392.45. SPGI has returned -9.2% in the past month.
S&P Global's consensus EPS estimate for the upcoming report has remained unchanged over the past month at $4.43. Compared to the company's year-ago EPS, this represents a change of -6.3%. S&P Global currently boasts a Zacks Rank of #3 (Hold).
View the Zacks #1 Rank List
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CBOE (CBOE) Surges 3.4%: Is This an Indication of Further Gains?
CBOE Global (CBOE - Free Report) shares soared 3.4% in the last trading session to close at $261.75. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 15.6% loss over the past four weeks.
Cboe’s growth strategy revolves around expanding product lines across asset classes, broadening geographic reach, diversifying business mix with recurring revenues and leveraging technology.
The U.S. securities and exchanges market continues to benefit from higher retail participation, electronic trading and broader use of derivatives and alternative investment products. Cboe is extending access to this opportunity by planning 23x5 U.S. equities trading for December 2026, pending industry readiness, with a longer-term goal of around-the-clock access.
Its strong balance sheet supports investment in clearing, product development and technology while preserving capacity for dividends and opportunistic buybacks over time.
This holding company for the Chicago Board Options Exchange is expected to post quarterly earnings of $3.40 per share in its upcoming report, which represents a year-over-year change of +27.3%. Revenues are expected to be $697.52 million, up 15.2% from the year-ago quarter.
While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For CBOE, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on CBOE going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
CBOE is part of the Zacks Securities and Exchanges industry. S&P Global (SPGI - Free Report) , another stock in the same industry, closed the last trading session 0.9% lower at $392.45. SPGI has returned -9.2% in the past month.
S&P Global's consensus EPS estimate for the upcoming report has remained unchanged over the past month at $4.43. Compared to the company's year-ago EPS, this represents a change of -6.3%. S&P Global currently boasts a Zacks Rank of #3 (Hold).