Cboe Global Markets, Inc. (CBOE)

Cboe Global Markets Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Cboe Global Markets stock have an average target of 209.42, with a low estimate of 188 and a high estimate of 230. The average target predicts a decrease of -3.62% from the current stock price of 217.30.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$188	$209.42	$205	$230
Change	-13.48%	-3.62%	-5.66%	+5.85%

Analyst Ratings

The average analyst rating for CBOE stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	2	2	2	2	2	3
Buy	3	3	3	3	3	3
Hold	7	7	8	10	8	5
Sell	0	0	0	0	0	1
Strong Sell	0	0	0	0	0	0
Total	12	12	13	15	13	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brian Bedell Deutsche Bank	Deutsche Bank	Hold → Strong Buy Upgrades $212 → $222	Hold → Strong Buy	Upgrades	$212 → $222	+2.17%	Nov 11, 2024
Michael Cyprys Morgan Stanley	Morgan Stanley	Hold → Sell Downgrades $199	Hold → Sell	Downgrades	$199	-8.42%	Nov 6, 2024
Brian Bedell Deutsche Bank	Deutsche Bank	Hold Maintains $214 → $212	Hold	Maintains	$214 → $212	-2.44%	Nov 4, 2024
Ashish Sabadra RBC Capital	RBC Capital	Hold Reiterates $220	Hold	Reiterates	$220	+1.24%	Nov 4, 2024
Benjamin Budish Barclays	Barclays	Buy Maintains $239 → $230	Buy	Maintains	$239 → $230	+5.85%	Nov 4, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.12B

Decreased by -43.74%

from 3.77B

Revenue Next Year

2.23B

Increased by 4.85%

from 2.12B

EPS This Year

8.84

Increased by 24.00%

from 7.13

EPS Next Year

9.34

Increased by 5.68%

from 8.84

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.50B	3.43B	3.49B	3.96B	3.77B	2.12B	2.23B	2.32B
Revenue Growth	-9.85%	37.30%	1.98%	13.27%	-4.67%	-43.74%	4.85%	4.22%
EPS	3.34	4.27	4.92	2.19	7.13	8.84	9.34	9.88
EPS Growth	-11.17%	27.84%	15.22%	-55.49%	225.57%	24.00%	5.68%	5.71%
Forward PE	-	-	-	-	-	24.58	23.26	22.00
No. Analysts	-	-	-	-	-	20	20	15

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	2.2B	2.5B	2.5B
Avg	2.1B	2.2B	2.3B
Low	2.0B	2.1B	2.1B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-41.3%	15.5%	12.0%
Avg	-43.7%	4.9%	4.2%
Low	-46.5%	-2.1%	-3.5%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	9.39	10.53	10.61
Avg	8.84	9.34	9.88
Low	8.35	8.52	9.06

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	31.7%	19.1%	13.6%
Avg	24.0%	5.7%	5.7%
Low	17.1%	-3.7%	-3.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.