TD Cowen raises target for CME Group stock to USD 300
Published on 10/07/2026 at 15:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
CME Group (US12572Q1058) was trading at EUR 242.43 at Lang & Schwarz on October 7, 2026 at 3:00 p.m. CEST, plus 1.06 percent versus the prior close of EUR 239.88. TD Cowen raised its price target for CME Group from USD 292.00 to USD 300.00 on October 5, 2026, according to Investing.com.
TD Cowen lifts its target
TD Cowen kept a Buy rating while increasing the target by USD 8.00, or 2.74 percent, from USD 292.00 to USD 300.00. The analyst cited stronger third-quarter average daily volume and a better outlook after meetings with CME Group management, according to Investing.com.
The target change gives the latest analyst view a constructive tilt, but the same report also notes that CME Group's second-quarter revenue of USD 1.71 billion came in below a USD 1.72 billion estimate. That contrast matters because the valuation case depends on sustained trading activity rather than revenue growth alone.
Second-quarter figures set the base
CME Group reported USD 1.71 billion in revenue for the second quarter of 2026, compared with USD 1.69 billion in the second quarter of 2025, an increase of 0.84 percent, according to Trivano. Net income reached USD 1.04 billion, while diluted GAAP earnings per share were USD 2.88 for the quarter.
The operating profile was stronger in adjusted terms. Adjusted earnings per share came to USD 2.99 versus USD 2.96 in the second quarter of 2025, a 1.01 percent increase, while average daily volume reached 29.8 million contracts, the third-highest quarterly level, according to Trivano. Market data revenue increased 20.00 percent year over year to a record USD 238.10 million.
Stock trades below its yearly high
The primary listing is on NASDAQ, where CME trades under the ticker CME. Finance data put its market capitalization at USD 97.2 billion and its 52-week range at USD 218.31 to USD 329.16 as of October 6, 2026.
For investors, the key tension is visible in the numbers: the business is producing record market data revenue and high contract volumes, while the second-quarter revenue comparison remained below 1.00 percent. The USD 300.00 TD Cowen target therefore rests on stronger future volume and earnings assumptions, not only on the reported quarter.
Lang & Schwarz price rises
CME Group was trading at EUR 242.43 at Lang & Schwarz on October 7, 2026 at 3:00 p.m. CEST, plus 1.06 percent versus the Lang & Schwarz prior close of EUR 239.88 on October 6, 2026. Its market capitalization was USD 97.2 billion as of October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of CME Group stock.
CME Group stock facts
- Company: CME Group Inc.
- ISIN: US12572Q1058
- Ticker: CME
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 7, 2026, 3:00 p.m. CEST): EUR 242.43
- Change versus prior close: plus 1.06 percent
- Prior close Lang & Schwarz (October 6, 2026): EUR 239.88
- Market capitalization: USD 97.2 billion (as of October 6, 2026)
- 52-week range: USD 218.31-329.16 (as of October 6, 2026)
- Sector / Industry: Financial Services / Financial - Data & Stock Exchanges
