CBOE Price Prediction Next Week
CBOE Stock Price Prediction and Recommendation
News Analysis:
- Leadership Strengthening: CBOE promoted Tim Lipscomb to EVP and Chief Technology Officer, enhancing their technology platform and leadership team.
- Industry Growth: The securities and exchanges industry is expected to grow due to increased trading volumes and cryptocurrency adoption, though regulatory challenges remain.
- Earnings Report: CBOE's Q4 revenue grew 5% year-over-year, with strong performance in options trading, though EPS slightly missed estimates .
Technical Analysis:
- Fibonacci Levels: Resistance at 216.39 and support at 206.27.
- RSI: 59.78, indicating the stock is not overbought.
- MACD: Positive, showing upward momentum.
- SMA: Trading above 20, 50, and 200-day SMAs, indicating a bullish trend.
Price Prediction:
- Target Price: $215.00
- Stop Loss: $206.27
Recommendation:
Buy CBOE stock as technical indicators and fundamentals suggest upward momentum.
CBOE Similar Chart Price Prediction
The price of CBOE is predicted to go up 6.46%, based on the high correlation periods with CVI. The similarity of these two price pattern on the periods is 94.95%.
CBOE
CVI
Up: 6.46%Similarity: 94.95%
CBOE Revenue Forecast
CBOE EPS Forecast
CBOE Analyst's Forecast
Benjamin Budish
Barclays
Hold
2025-02-10
Price Target
$212 → $216
Upside
+3.03%
Barclays analyst Benjamin Budish raised the firm's price target on Cboe Global Markets to $216 from $212 and keeps an Equal Weight rating on the shares post the Q4 report. The company's earnings came in a bit below estimates, primarily driven by a below-the-line miss, the analyst tells investors in a research note.
Benjamin Budish
Barclays
Hold
2025-01-13
Price Target
$220 → $212
Upside
+10.04%
Kenneth Worthington
JP Morgan
Hold → Sell
2025-01-07
Price Target
$203 → $174
Downside
-8.79%
