Stock Ratings / Financials / CBOE / earnings

IBKR (55) RJF (69) TW (76) NMR (56) ⌘ Pro Terminal →

Cboe Global Markets Inc. (CBOE) Next Earnings Date & Expected ±7.8% Move

$335.53 +6.77% CBOE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $340.42

Cboe Global Markets Inc. (CBOE) earns a Roarable Rating of B+ (Buy) with 78/100 RQD Confidence. High-quality cash engine (steady margins, 27% return on capital) with steady institutional support. The company’s underlying cash engine and institutional positioning keep the composite score in the Green Buy zone.

📊 Historical Track Record: Scores of 78/100 (B+) historically ranked in the Top 10% of excess returns over the next 90 days (+7.9% avg 90D alpha vs SPY • 70.6% hit rate) →

ROARABLE B+ • BUY Cap $35.14B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on CBOE Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is CBOE stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-02, Cboe Global Markets Inc. (CBOE: CBOE) is rated B+ (Buy / BUY) by Roarable's 5-pillar RQD engine with a composite confidence score of 78/100 at a spot price of $335.53 (+6.77% 1D, market cap $35.14B). Pillar breakdown: Fundamental Cash Engine 19/20, Institutional 13F & Options Flow 14/20, Executive Insider Alignment 12/20, FRED Macro Regime Fit 17/20, and SEC Balance-Sheet Forensics 16/20. Across 1096 tracked Financials issuers, CBOE ranks #12 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does CBOE compare to IBKR and RJF in the Financials sector?

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Within the Financials sector (Investment Bankers/Brokers/Service), CBOE carries a Roarable B+ (78/100 RQD), trailing P/E of 31.9x, gross margin of —, and ROIC of 26.6%. By comparison, IBKR (Interactive Brokers Group Inc.) holds a D+ grade (55/100 RQD, P/E 139.6x, ROIC 0.3%, cap $37.05B) and RJF (Raymond James Financial Inc.) posts a C+ grade (69/100 RQD, P/E 14.5x, ROIC 5.9%, cap $31.03B). Among the 5-stock peer group, RJF leads on earnings multiple (14.5x) while CBOE leads on capital efficiency (26.6% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for CBOE?

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Per CBOE's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001374310), Cboe Global Markets Inc. generated $4.71B in revenue (+15.1% YoY), $1.10B in net income, and $1.68B in free cash flow against $9.31B in total assets and $1.44B in total debt. Key quantitative strengths: Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks.. Primary risk factors monitored: Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $340.43 (+1.46%)🧬 Cannibal Buyback (-2.36% YoY Shares)⚙️ Cash Engine: 19/20 (A+) • 35.7% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 78/100 (B+) historically ranked in the Top 10% of excess returns over the next 90 days (+7.9% avg 90D alpha vs SPY • 70.6% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERBUY • B+

2-of-3 JEV AI Jury Bullish

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw A- · Rk B

Each axis scored 0–20

12M PRICE TARGET CONE+9% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for CBOE)Realized 20D OHLCV Swing Band: ±7.8%

Deterministic 5-Pillar Attribution (78/100 Composite)

🔍 WHY CBOE SCORES 78/100 (B+) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Cash Engine Quality+19/20 pts (24% of score)

SEC XBRL FY 2025 (10-K): 35.7% FCF Margin ($1.68B FCF) & 51.5% Gross Margin

▲ #2 Bullish Driver: Macro Regime Fit+17/20 pts (22% of score)

FRED Regime × Technicals: 75% of 52W Range • RSI-14 at 52.9 (NEUTRAL RANGE)

▼ #1 Drag / Risk Factor: SEC 10-K Forensic Risk12/20 pts (-8 pt drag)

Balance-sheet & 10-K footnote risk deducts 8 pts from forensic ceiling

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade B$292.25+7.8% Next Q

Q2 (-2Q)

Grade B$315.00+3.1% Next Q

Q3 (-1Q)

Grade B+$324.68+3.3% Next Q

Current

Grade B+$335.53+7.9% Hist 90D α

Trajectory: B (70) → B+ (78)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the CBOE Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 78/100 (B+) score, CBOE faces multiple-compression risk if 31.9x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-2.36% YoY Shares) — any gross margin slip below 49.0% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($295.00) or 200D SMA ($292.93) invalidates the momentum regime and cuts Target Base ($365.73) toward Bear Floor ($275.13).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $CBOE• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “CBOE Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 78%NO 22%Trade / Inspect Odds →

NEXT EST. WINDOW: Dec 30, 2026 (~57 DAYS)

Historical OHLCV Volatility ±7.8% Swing Band

±$26.17 Expected Swing

MODEL EARNINGS SETUP GAUGE

CBOE Quantitative Pre-Earnings Setup: 78/100

Trailing EPS: $9.84 • YoY Revenue Growth: 15.4%

Model Bullish Setup (78/100)Model Risk Weight (22/100)

Derived deterministically from RQD cash-flow quality, SEC accrual safety, and institutional flow (not a community poll).

LOG YOUR PERSONAL PRE-EARNINGS STANCE (SAVED LOCALLY IN BROWSER):

Recent SEC Reported Revenue, Net Profit & Diluted EPS Cadence

Period	Filed	Revenue	Net Profit	Free Cash Flow	Gross Margin
FY 2025	2025-12-31	$4.71B	$1.10B	$1.68B	51.5%
FY 2024	2024-12-31	$4.09B	$764.9M	$1.04B	50.6%
FY 2023	2023-12-31	$0	$761.4M	$1.08B	51.5%

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher + Options & Swing Structure Desk

Whale Flow & Momentum Playbook: Evaluating CBOE & AI Leaders Without Chasing Tops

✓Institutional whale strikes & implied earnings move audit on CBOE
✓How disciplined traders manage risk using pre-published trigger & invalidation levels
✓Includes nightly RQD rating-change & forensic signal email alerts on tracked leaders

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?

Join Founding VIP Waitlist (No Card Required) →$100K Arena

CBOE // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -1.00%⚡ TESTING RESISTANCE

2026-11-02O $320.4H $335.5L $314.3C $335.5VOL 1.21M

RES: $343.9SUP: $233.0SMA50: $295.0SMA200: $292.9

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

CBOE Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 CBOE Butterfly Map → + Track CBOE →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

24.6%/yr Implied 5Y Growth

vs. +15.4% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on CBOE today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for CBOE. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for CBOE today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (CBOE)

Financials Rank #12 of 1096 ⚔️ IBKR vs CBOE Full Matrix →

1. Head-to-Head Financials Peer Comparison (CBOE vs. IBKR, RJF, TW, NMR)

Industry: Investment Bankers/Brokers/Service (64 Tracked Issuers)

Across 1096 tracked Financials securities in the Roarable RQD universe, Cboe Global Markets Inc. (CBOE) ranks #12 by composite RQD confidence (78/100, grade B+) and #83 by equity capitalization ($35.14B). Within this direct 5-issuer industry benchmark cohort, RJF leads on earnings valuation at 14.5x trailing P/E, while CBOE leads on capital efficiency and profitability with 26.6% ROIC and — gross margin. CBOE currently leads its immediate peer cohort in composite quantitative strength at 78/100 (B+).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
CBOE ACTIVE Cboe Global Markets Inc.	B+	78/100	31.9x	—	26.6%	+6.77%	$35.14B	Benchmark Subject
IBKR Interactive Brokers Group Inc.	D+	55/100	139.6x	—	0.3%	-5.96%	$37.05B	/ibkr-vs-cboe →
RJF Raymond James Financial Inc.	C+	69/100	14.5x	—	5.9%	-2.52%	$31.03B	/rjf-vs-cboe →
TW Tradeweb Markets Inc.	B+	76/100	34.2x	—	13.6%	+3.08%	$27.82B	/tw-vs-cboe →
NMR Nomura Holdings Inc ADR	D+	56/100	32.8x	—	9.9%	-0.95%	$27.48B	/nmr-vs-cboe →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001374310

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Cboe Global Markets Inc. (CBOE) reported GAAP revenue of $4.71B (+15.1% vs. FY2024 revenue of $4.09B ) , GAAP net income of $1.10B, operating cash flow of $1.75B, and free cash flow of $1.68B (+61.7% YoY). On the balance sheet, CBOE closed FY2025 with $9.31B in total assets against $1.44B in total debt (Altman Z-Score: N/A, Piotroski F-Score: 9/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$4.71B	$1.10B	$1.75B	$1.68B	$9.31B	$1.44B
FY2024 (FY)	2024-12-31	$4.09B	$764.9M	$1.10B	$1.04B	$7.79B	$1.44B
FY2023 (FY)	2023-12-31	$0	$761.4M	$1.08B	$1.08B	$19.33B	$4.52B

3. CBOE Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is CBOE stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does CBOE compare to IBKR and RJF in the Financials sector?

What are the biggest fundamental strengths and SEC risk factors for CBOE?

Where is CBOE trading relative to its 50-day, 200-day, and 52-week technical levels?

CBOE last traded at $335.53 (+6.77% on volume of 2,460,371 shares), positioning the stock +13.74% above its 50-day simple moving average ($295.00) and +14.54% above its 200-day simple moving average ($292.93). Across its 52-week range of $227.15 to $371.18, CBOE sits at the 75.2% percentile with a 14-day RSI of 52.9 (NEUTRAL RANGE) and an implied next-earnings move of ±7.8% ($309.36 to $361.70).

CBOE Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

When is CBOE's next earnings date?

Based on SEC filing cadence, Cboe Global Markets Inc. (CBOE)'s next quarterly reporting window is estimated around Dec 30, 2026.

How much is CBOE stock expected to move on earnings?

Volatility modeling currently projects a ±7.8% event move for CBOE, spanning a range between $309.36 and $361.7.

Direct Sub-Reports: CBOE RQD Cockpit CBOE 12M Forecast CBOE Earnings & Move CBOE Dividends & DRIP CBOE Insiders & 13F CBOE Whale Options CBOE Profit Sankey CBOE News & Why

ROARABLE RATING BRIEF • RQD 78/100 (B+) ✓ STAGE-C NUMBER FIREWALL VERIFIED

CBOE — Cboe Global Markets Inc.: What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5

As of: 2026-11-02T15:12:05Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD rating, CBOE scores 78 out of 100, a letter grade of B+, with the verdict label "Roarable Buy — Very Good Cash & Smart-Money Inflow." The five pillars are:

Fundamental Cash Engine: 19 / 20. Per the Roarable RQD rating, this pillar reflects ROIC of 26.6% and an FCF yield of 4.79%. This is the strongest pillar and suggests the business converts capital into cash efficiently, which is the core upside argument.
Whale 13F Flow: 14 / 20. Per the Roarable RQD rating, this reflects institutional accumulation and options positioning. The source data does not itemize the underlying 13F filings, so this score should be read as a summary rather than a verified holder-by-holder view.
Insider Conviction: 16 / 20. Per the Roarable RQD rating, this reflects SEC Form 4 and Congressional PTR cluster flow. Individual transactions are not itemized in the source data.
Macro Regime Fit: 17 / 20. Per the Roarable RQD rating, this reflects a beta of 1.07 and sector sensitivity. A beta slightly above 1.0 implies the stock has historically moved modestly more than the market, so it is not a defensive holding in a sell-off.
Forensic Balance Sheet: 12 / 20. Per the Roarable RQD rating, this reflects an Altman Z-Score of 2.5, a Piotroski F-Score of 9/9, and Debt/Equity of 0.5. The F-Score is strong, while the Z-Score and this pillar's lower score indicate the balance sheet is a comparatively weaker area than cash generation.

For a prospective investor, the rating points to a cash-generative business with strong returns on capital, offset by a valuation that is not cheap on earnings (P/E TTM of 31.9) and a balance-sheet pillar that scores below the others. The upside case rests on sustained cash conversion; the valuation tradeoff is that much of that quality appears priced in. This is an analytical summary, not personalized financial advice.

Snapshot

Price	Market Cap	P/E (TTM)	Forward P/E	EV/EBITDA	EPS (TTM)	Dividend Yield	Beta	52-Wk Range	ROIC %
$314.25	$35.14B	31.9	26.8	22.5	9.84	0.81%	1.07	$227.15 - $371.18	26.6%

Financial Trend

Period	Revenue	Operating Income	Net Income	EPS	FCF	Cash	Debt
FY 2025	$4714.2M	$1467.1M	$1100.0M	N/A	$1681.6M	$2216.5M	$1442.9M
FY 2024	$4094.5M	$1098.4M	$764.9M	N/A	$1039.7M	$920.3M	$1441.0M
FY 2023	$0.0M	$1057.9M	$761.4M	N/A	$1075.6M	N/A	$4522.4M

Per the SEC financials, net income rose from $764.9M in FY 2024 to $1100.0M in FY 2025, and FCF rose from $1039.7M to $1681.6M. Per the market data, ROIC is 26.6% and net margin is 23.3%. Per the Roarable RQD rating, the Altman Z-Score is 2.5 and the Piotroski F-Score is 9/9; Debt/Equity is 0.5. The FY 2023 revenue figure of $0.0M and the N/A cash entries limit year-over-year comparability for that period.

Open Questions

What is the composition of revenue by business line, and which portion is recurring versus transactional?
What were the terms and financial impact of the S&P deal renewal referenced in the news feed?
What is the size and timing of the buyback program, and how is it funded relative to FCF of $1681.6M?
Why is FY 2023 revenue reported as $0.0M, and is that a data-reporting gap or an actual figure?
What are the specific 13F holder changes and Form 4 insider transactions underlying the whale and insider pillar scores?

CBOE Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Cboe Global Markets Inc. (CBOE) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to CBOE Debate Forum (3) ↓

🟡 MARKET WIRE Yahoo Finance • 6h ago

Cboe Global Markets (CBOE) Stock Sees Modest Fair Value Lift After S&P Deal Renewal

Yahoo Finance report covering Cboe Global Markets Inc. (CBOE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Morningstar • 9h ago

Cboe Global Markets Reports Trading Volume for September 2026

Morningstar report covering Cboe Global Markets Inc. (CBOE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Trefis • 12h ago

Cboe Global Markets Earnings Ahead: What Past Reactions Say About The Stock

Trefis report covering Cboe Global Markets Inc. (CBOE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Yahoo Finance • 15h ago

Cboe Global Markets stock gains on $550M buyback boost

Yahoo Finance report covering Cboe Global Markets Inc. (CBOE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Yahoo Finance • 18h ago

Buyback Expansion Might Change The Bull Case For Cboe Global Markets Stock (CBOE)

Yahoo Finance report covering Cboe Global Markets Inc. (CBOE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 21h ago

Cboe Global Markets: 3 Key Takeaways for Long-Term Investors

Yahoo Finance report covering Cboe Global Markets Inc. (CBOE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 1d ago

Cboe (CBOE) Is Up 12.1% After Extending S&P 500 Options License And Unveiling KPI Binaries

Yahoo Finance report covering Cboe Global Markets Inc. (CBOE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 1d ago

Is Cboe Global Markets (CBOE) Too Pricey For Its Earnings?

Yahoo Finance report covering Cboe Global Markets Inc. (CBOE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

CBOE Bull vs. Bear Conversation Board — What's Your Call at $335.53?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON CBOE 🐻 33% BEARISH CONVICTION

RO RoarDesk_Moderator Roarable Research Desk 🐂 BULLISH 🎯 Target: $370.82 (+18.0%)

📌 Pinned Debate

🔥 Official Bull vs. Bear Debate: Is CBOE (B+ • RQD 78/100) a Buy at $314.25?

Welcome to the CBOE (Cboe Global Markets Inc.) Roar Pit. Current RQD Composite is 78/100 (Roarable Buy — Very Good Cash & Smart-Money Inflow) in Investment Bankers/Brokers/Service. Bulls point to capital efficiency (26.6% ROIC), while bears focus on valuation multiple compression (31.9x trailing P/E). Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.

SK SkepticalCFA Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $245.12 (-22.0%)

Spot @ $314.25

Pump the brakes on CBOE — check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on CBOE, but look at what you are paying: 31.9x trailing P/E with tightening sector spreads. Unless Cboe Global Markets Inc. expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

QU QuantViper Verified K Arena Trader 🐂 BULLISH 🎯 Target: $377.10 (+20.0%)

Spot @ $314.25

CBOE cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on CBOE, the market is fixating on short-term headline noise in Investment Bankers/Brokers/Service and ignoring the balance sheet and cash flow trajectory. At $314.25 (52-wk range $227.15 - $371.18), any beat on forward guidance forces shorts and underweight funds to chase.