Cboe Global Markets (NASDAQ:CBOE) recently hit a new 12-month high, representing a potential buying opportunity for investors. The company reported its trading volume for July 2025 along with the quarterly results for Q2 2025, which surpassed estimates, contributing to its high RS rating. Moreover, Cboe's Q2 earnings also increased, resulting in a reaffirmed outlook for FY 2025.
The company also witnessed several stock acquisitions including 23,039 shares by LPL Financial LLC and 18,362 shares by the Private Advisory Group LLC. Despite the termination of their Japan equities operations, analysts expect the global market price of Cboe to increase, with Oppenheimer raising the price target to $255.00.
Notably, Cboe surpassed 1,000 U.S. listed ETFs, demonstrating demand for innovative trading products and driving market growth. The newly appointed CEO aims to reallocate resources for optimal growth opportunities. Meanwhile, the company continues to challenge ASX's market dominance. Their exit from Japanese equities, though significant, does not seem to deter the predicted growth.
Cboe Global Markets CBOE News Analytics from Fri, 28 Mar 2025 07:00:00 GMT to Sat, 09 Aug 2025 17:08:52 GMT - Rating 7 - Innovation 8 - Information 9 - Rumor -2
