Cboe Global Markets (BATS:CBOE) Stock Rating Lowered by The Goldman Sachs Group

Posted by Brian Himes on Nov 5th, 2026

Cboe Global Markets (BATS:CBOE – Get Free Report) was downgraded by investment analysts at The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday, Zacks reports.

A number of other research firms also recently weighed in on CBOE. Royal Bank Of Canada raised their price target on shares of Cboe Global Markets from $303.00 to $360.00 and gave the company a “sector perform” rating in a research note on Friday, October 30th. TD Cowen lifted their price target on shares of Cboe Global Markets from $342.00 to $417.00 and gave the company a “buy” rating in a report on Monday. Barclays upped their price objective on shares of Cboe Global Markets from $343.00 to $392.00 and gave the stock an “overweight” rating in a research report on Monday. Wells Fargo & Company increased their price objective on shares of Cboe Global Markets from $309.00 to $357.00 and gave the company an “equal weight” rating in a research note on Monday. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Cboe Global Markets in a research report on Monday, August 3rd. Five research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $363.00.

Check Out Our Latest Analysis on Cboe Global Markets

Cboe Global Markets Trading Up 0.3%

Shares of CBOE opened at $345.21 on Wednesday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. Cboe Global Markets has a 52-week low of $227.15 and a 52-week high of $371.18. The firm has a market cap of $36.61 billion, a price-to-earnings ratio of 177.94 and a beta of 0.61. The business’s fifty day moving average is $297.03 and its 200-day moving average is $293.02.

Cboe Global Markets (BATS:CBOE – Get Free Report) last announced its quarterly earnings data on Friday, October 30th. The company reported $3.63 earnings per share for the quarter, topping the consensus estimate of $3.43 by $0.20. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business had revenue of $712.20 million during the quarter, compared to the consensus estimate of $705.22 million. During the same period in the prior year, the company earned $2.67 EPS. Cboe Global Markets’s revenue for the quarter was up 17.6% on a year-over-year basis. Equities analysts anticipate that Cboe Global Markets will post 6.41 EPS for the current fiscal year.

Cboe Global Markets announced that its board has authorized a stock buyback program on Thursday, October 22nd that permits the company to buy back $550 million in shares. This buyback authorization permits the company to reacquire up to 1.6% of its shares through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.

Insider Buying and Selling at Cboe Global Markets

In other news, Director Janet Froetscher sold 937 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $278.95, for a total value of $261,376.15. Following the completion of the transaction, the director owned 12,870 shares of the company’s stock, valued at $3,590,086.50. This represents a 6.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.51% of the company’s stock.

Institutional Investors Weigh In On Cboe Global Markets

Several hedge funds have recently added to or reduced their stakes in CBOE. Emerald Investment Advisers LLC acquired a new position in shares of Cboe Global Markets during the 2nd quarter valued at $3,686,000. Danske Bank A S acquired a new stake in Cboe Global Markets in the second quarter worth $658,000. Quantitative Investment Management LLC acquired a new stake in Cboe Global Markets in the second quarter worth $1,636,000. Bleakley Financial Group LLC acquired a new stake in Cboe Global Markets in the first quarter worth $3,831,000. Finally, Integrated Wealth Concepts LLC increased its stake in Cboe Global Markets by 316.8% in the second quarter. Integrated Wealth Concepts LLC now owns 8,681 shares of the company’s stock valued at $2,107,000 after purchasing an additional 6,598 shares in the last quarter. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Key Cboe Global Markets News

Here are the key news stories impacting Cboe Global Markets this week:

Positive Sentiment: Cboe reported record Q3 2026 volume in FLEX options, a sign of strong demand for its customizable options products. Cboe FLEX Options Hit Record Volume in Q3 2026
Positive Sentiment: Barclays said it expects CBOE shares to rise, while TD Cowen and Wells Fargo raised their price targets, providing a favorable analyst signal. Barclays analyst view TD Cowen price target Wells Fargo price target
Positive Sentiment: An investor letter highlighted Cboe as a potential beneficiary of growth in options trading, supporting the longer-term market opportunity. Cboe and the growing options market
Neutral Sentiment: Cboe released its October 2026 trading-volume report. The headline provides a fresh activity update, but the available details do not specify whether volumes rose or fell. October 2026 trading-volume report
Negative Sentiment: Cboe joined a challenge to the CFTC’s approval of single-stock perpetual derivatives. The dispute could delay or constrain a new trading product and leaves potential volume uncertain; proponents of the suit argue the approval raises regulatory concerns. Cboe joins challenge to CFTC approval Lawsuit and potential trading-volume implications

Cboe Global Markets Company Profile

(Get Free Report)

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.