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Cboe’s investment story rests on the idea that it can keep broadening its derivatives and data ecosystem so earnings are less tied to any single product or volatility cycle. The new extended single stock options hours and Cboe Predicts platform appear additive to that diversification theme, but do not fundamentally change the key near term catalyst of product uptake across its non index options suite or the biggest risk around concentration in its S&P index options partnership.
Among recent announcements, the launch of Cboe Predicts stands out alongside the extended single stock options hours, because it adds a new, cleared outcome based product set that sits next to Cboe’s traditional index and options franchises. For investors, both moves speak directly to the existing catalyst of Cboe trying to broaden its revenue mix beyond core S&P index options, which may matter if competitive or fee pressures build elsewhere in the business.
Yet alongside these growth efforts, investors should be aware that Cboe’s reliance on its S&P index options relationship remains a key...
Read the full narrative on Cboe Global Markets (it's free!)
Cboe Global Markets' narrative projects $3.0 billion revenue and $1.5 billion earnings by 2029. This implies a 14.1% yearly revenue decline but still requires roughly a $0.3 billion earnings increase from about $1.2 billion today.
Uncover how Cboe Global Markets' forecasts yield a $312.36 fair value, a 14% upside to its current price.
Four Simply Wall St Community fair value estimates for Cboe span roughly US$62 to US$312 per share, showing how widely opinions can diverge. When you compare that spread with Cboe’s ongoing push to diversify beyond its core S&P index options franchise, it underlines why many readers may want to review several different risk and opportunity views before forming their own stance.
Explore 4 other fair value estimates on Cboe Global Markets - why the stock might be worth as much as 14% more than the current price!
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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