CBOE Stock Forecast & Price Target

Cboe Global Markets has demonstrated strong retail engagement, leading to options volume outperforming futures industry volumes year-to-date, which bodes well for future performance. The company has raised its full-year total organic net revenue growth guidance to the high single digits, reflecting robust first-half results. Additionally, Cboe's innovative capabilities and exclusive rights to key index options, including Zero Day to Expiry options, position it advantageously within the options industry.

Cboe Global Markets has reported a decrease in earnings estimates due to year-to-date operating discipline and the impact of closing its Japanese equities business. This strategic decision has led to a lowered full-year expense guidance, which reflects ongoing challenges in managing operational costs amidst international expansion efforts. Although there has been some offset from higher incentive compensation and favorable revenue trends, these factors are insufficient to negate the negative impact of reduced business segments and elevated expenses.