
MIAX Stock Forecast & Price Target
MIAX Analyst Ratings
Bulls say
Miami International Holdings Inc. has demonstrated a robust financial performance with a significant increase in adjusted net revenue, reaching $124.5 million in the fourth quarter of 2025, which represents a 52% year-over-year growth and surpasses expectations. Additionally, the company's adjustment in revenue per contract (RPC) has shown a positive trend, with a three-month average increasing from $0.106 in December to $0.107 in January, which supports the uplift in options net revenue to $106.9 million, 4% above prior estimates. Furthermore, margin expansion is projected to continue, with adjusted EBITDA expected to rise to $267 million in 2026, reflecting a margin improvement from 47.6% in 2025 to 51%.
Bears say
Miami International Holdings Inc. has experienced a decline in market share, falling from 17.6% to 17.1%, as industry average daily volume (ADV) remained flat at 63.2 million contracts. Revenue per contract (RPC) has also decreased, with a trailing three-month average dropping to 10.0 cents from 10.3 cents in the previous quarter, reflecting concerns over profitability amid softer market activity. Additionally, futures revenue of $4.8 million indicates a challenging environment due to low commodity volatility and lackluster listing activity, underscoring the company's potential struggle to maintain competitiveness without innovation or volume growth.
This aggregate rating is based on analysts' research of Miami International Holdings Inc and is not a guaranteed prediction by Public.com or investment advice.
MIAX Analyst Forecast & Price Prediction
Start investing in MIAX
Order type
Buy in
Order amount
Est. shares
0 shares