Goldman Sachs upgrades Cboe Global Markets stock to Neutral
Published on 10/07/2026 at 01:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
According to Stock Analysis on October 2, 2026, Goldman Sachs upgraded Cboe Global Markets from Sell to Neutral and cut its price target from USD 304.00 to USD 300.00. The update gives Cboe Global Markets (ISIN US12503M1080) a fresh valuation reference ahead of the next results date.
Goldman target reset to USD 300
The target reduction is modest at 1.32 percent, calculated from USD 304.00 to USD 300.00, but the rating change is the more important signal. Goldman Sachs moved from a negative Sell view to Neutral, while the target remains above the latest US listing quote of USD 278.20.
The share-price context is mixed. CBOE was last at USD 278.20 on its US listing on October 6, 2026 at 4:00 p.m. ET, compared with a 52-week range of USD 227.15 to USD 371.18.
Second-quarter margin widened sharply
Zacks reported that second-quarter 2026 net revenue reached USD 731.6 million, up 25.00 percent from the same quarter a year earlier. Adjusted earnings per share rose 45.00 percent to USD 3.56 and exceeded the USD 3.45 consensus estimate by 3.19 percent.
Options remained the main engine. Options net revenue climbed 30.00 percent to a record USD 473.9 million, while index-options average daily volume increased 32.00 percent and multi-listed options volume grew 24.00 percent in the second quarter.
Revenue outlook moved into the teens
Cboe raised its 2026 organic total net revenue growth outlook to the mid-to-high teens from low double digits to the mid-teens, according to Zacks. Data Vantage organic net revenue growth guidance also moved to the low teens from low double digits.
The next checkpoint is October 30, 2026, which Stock Analysis lists as Cboe's next earnings date. That schedule places the market's attention on whether higher options activity can offset the valuation reset signaled by Goldman Sachs.
Prior close and market value
The Lang & Schwarz prior close was EUR 247.20 on October 5, 2026. CBOE's latest US listing quote was USD 278.20 on October 6, 2026, while its market capitalization stood at USD 29.1 billion.
The further course of trading is shown by the continuously updated real-time quote of Cboe Global Markets stock.
Cboe Global Markets key data
- Company: Cboe Global Markets, Inc.
- ISIN: US12503M1080
- Ticker: CBOE
- Price context: USD 278.20 on October 6, 2026
- Prior close Lang & Schwarz (October 5, 2026): EUR 247.20
- Market capitalization: USD 29.1 billion (as of October 6, 2026)
- 52-week range: USD 227.15 to USD 371.18
- Sector / Industry: Financial Services / Financial - Data & Stock Exchanges
- Next earnings date: October 30, 2026
