Cboe Global Markets, Inc. (CBOE) earnings on July 31, 2026
More Cboe Global Markets, Inc. earnings
Prior outlook: Optimistic Outcome: Accurate
Cboe Global Markets beat analyst expectations for quarterly profit and sales, and the stock rose as much as 4% before closing up nearly 4%.
CBOE price around the earnings
310.23
Change: +4.6%
2026-07-31, 20:00 UTC
Start of the measured window
End of the measured window
289.19
296.20
303.22
310.23
296.52
July 31, 2026
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Accurate
- Thesis published
- Results released
Strong 30d trend strength +22.97% vs SPY -0.67% with strong recent earnings history, but trajectory collapse on 7/30 and limited analyst upside (+5.4%) create caution.
Context analyzed before publication
- Trend
- Peaked 7/29 at 58.2, collapsed to 2.9 on 7/30, recovered to 33.1 on event day — volatile trajectory contexts sell-the-new
Analysts
Evidence
- Analyst consensus
- Hold
- Consensus average (1-5)
- 3.06
- Analysts covering the stock
- 14
- Average price target
- 312.43
- Lowest price target
- 258
- Highest price target
- 375
- Upside to price target
- 5.4%
- Quarterly earnings growth
- 53.9%
- Revenue growth
- 6.5%
- Forward EPS
- 15.02
- Trailing EPS
- 11.7
- Analyst moves in the last 60 days
- 4
- Strong buy: 2
- Buy: 1
- Hold: 11
- Sell: 2
- Strong sell: 1
- Strong buy
- 2
- Buy
- 1
- Hold
- 11
- Sell
- 2
- Strong sell
- 1
- July 28, 2026 · JP Morgan: Maintains rating (Underweight → Underweight)
- July 20, 2026 · TD Cowen: Maintains rating (Hold → Hold)
- July 15, 2026 · Piper Sandler: Maintains rating (Overweight → Overweight)
- July 9, 2026 · Barclays: Maintains rating (Overweight → Overweight)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (4)
- JP Morgan Maintains Underweight on Cboe Global Markets, Raises Price Target to $288 (opens in a new tab) — Benzinga
- TD Cowen Maintains Hold on Cboe Global Markets, Raises Price Target to $304 (opens in a new tab) — Benzinga
- Piper Sandler Maintains Overweight on Cboe Global Markets, Lowers Price Target to $320 (opens in a new tab) — Benzinga
- Barclays Maintains Overweight on Cboe Global Markets, Lowers Price Target to $347 (opens in a new tab) — Benzinga
Technicals
Evidence
- Price when the context was analyzed
- 297.75
- Average true range (ATR)
- 3.5%
- Distance to 52-week high
- -19.0%
- 14-day change (14d)
- +7.4%
- 30-day change (30d)
- +23.0%
- 30-day relative strength
- +23.6%
- SPY change (30d)
- -0.7%
- Nearest support
- 297.13
- Distance to nearest support
- 0.2%
- Nearest resistance
- 299.63
- Distance to nearest resistance
- 0.6%
- Volume accumulation ratio (14d / 46d)
- 0.51
- Mid: 297.13 (0.2% away, 0.06 ATR, 12 touches)
- Mid: 293.72 (1.4% away, 0.39 ATR, 17 touches)
- Mid: 290.47 (2.4% away, 0.7 ATR, 18 touches)
- Mid: 299.63 (0.6% away, 0.18 ATR, 16 touches)
- Mid: 302.38 (1.6% away, 0.45 ATR, 12 touches)
- Mid: 304.53 (2.3% away, 0.65 ATR, 13 touches)
Trends
Evidence
- Average earnings surprise
- +5.0%
- May 1, 2026: actual EPS 3.7 vs estimate 3.38 (surprise +9.5%)
- February 6, 2026: actual EPS 3.06 vs estimate 2.95 (surprise +3.8%)
- October 31, 2025: actual EPS 2.67 vs estimate 2.53 (surprise +5.6%)
- August 1, 2025: actual EPS 2.46 vs estimate 2.43 (surprise +1.1%)
Expected move
- Implied move
- +0.1%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 2.7%
- 75th percentile move
- 3.2%
- 90th percentile move
- 4.2%
- Up / down moves
- 14 / 6
- Average up move
- +3.3%
- Average down move
- -1.5%
Monitoring and close
What Cboe Global Markets, Inc. reported
- Status
- Finished
| Actual EPS | 3.56 |
|---|---|
| EPS estimate | 3.48 |
| EPS surprise | +2.3% |
| Revenue | $732 million |
| Revenue estimate | $712 million |
| Revenue surprise | +2.7% |
Cboe beat Q2 expectations with earnings of $3.56 per share and sales of $731.6 million. Meanwhile, memory stocks like SanDisk fell 45% recently, and markets prepare for potential August volatility.
Sources (8)
- CBOE Q2 Earnings Beat on Options Strength, Revenue Outlook Raised (opens in a new tab) — Zacks
- CBOE (CBOE) Reports Q2 Earnings: What Key Metrics Have to Say (opens in a new tab) — Zacks
- Cboe Global Markets, Inc. (CBOE) Q2 2026 Earnings Call Transcript (opens in a new tab) — SeekingAlpha
- CBOE Global (CBOE) Beats Q2 Earnings and Revenue Estimates (opens in a new tab) — Zacks
- Cboe beat expectations in Q2: earnings of $3.56 per share and sales of $731.6 million, above forecasts. — Benzinga
- Cboe Global Markets Q2 Adj. EPS $3.56 Beats $3.48 Estimate, Sales $731.600M Beat $712.157M Estimate (opens in a new tab) — Benzinga
- Cboe Global Markets Reports Results for Second Quarter 2026 (opens in a new tab) — Yahoo
- Cboe Global Markets, Inc. 2026 Q2 - Results - Earnings Call Presentation (opens in a new tab) — SeekingAlpha
Pre-market second reading after the results
- Verdict
- Beat expectations
Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating +0.6% pre-market, a move below the stock's usual reaction (about 3%). The figures don't confirm the prior scenario: that move is too small to draw conclusions from.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- +4.6%
- Max favorable move (MFE)
- 4.8%
- Max adverse move (MAE)
- 3%