4T0 Stock Chart & Stats
€88.22
€2.98(3.26%)
At close: 4:00 PM EDT
€88.22
€2.98(3.26%)
Day’s Range― - ―
52-Week Range€80.98 - €111.00
Previous CloseN/A
Volume0.00
Average Volume (3M)20.00
Market Cap
€21.24B
Enterprise Value€20.00K
Total Cash (Recent Filing)€2.06B
Total Debt (Recent Filing)€150.34M
Price to Earnings (P/E)25.5
Beta0.35
Next Earnings
Oct 29, 2026EPS Estimate
0.85Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.20
Shares Outstanding114,038,200
10 Day Avg. Volume13
30 Day Avg. Volume20
Financial Highlights & Ratios
PEG Ratio0.46
Price to Book (P/B)3.52
Price to Sales (P/S)11.17
P/FCF Ratio20.34
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€104.78Price Target Upside18.77% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
EPS Forecast (FY)3.45
Revenue Forecast (FY)€2.01B
Bulls Say, Bears Say
Bulls Say
Diversified Electronic Trading GrowthBroad growth across products, regions and protocols reduces dependence on any single market and supports durable platform adoption. Gains in swaps, credit, ETFs and international activity can reinforce Tradeweb’s network effects and expand its addressable electronic-trading opportunity.
High Margins And Strong Cash GenerationThe combination of high operating margins and substantial free cash flow indicates a scalable, asset-light model with strong earnings quality. It gives Tradeweb resources to fund technology and market expansion while supporting dividends, buybacks and ongoing financial resilience.
Conservative Balance SheetVery low leverage limits interest and refinancing risk and preserves capacity for investment or strategic opportunities. A conservative balance sheet is particularly valuable in capital markets, where trading activity and revenue can vary across cycles and product environments.
Bears Say
Persistent Fee And Product-mix PressureLower fees per million can restrain revenue growth even when trading volumes increase, especially as activity shifts toward lower-priced products and protocols. If mix changes persist, they could limit monetization and place pressure on long-term incremental margins.
Rising Costs From Growth InvestmentsInvestment in data infrastructure, technology, AI and personnel may strengthen the platform, but it raises the cost base before benefits are fully realized. Sustained expense growth could moderate operating leverage and make margin expansion more dependent on continued revenue growth.
Increasing Competitive Market-structure RiskA stronger integrated competitor could combine execution, data and post-trade capabilities, challenging Tradeweb’s client relationships and pricing power in credit. The risk is structural because integration may reshape workflows and competitive positioning beyond a single quarter.
4T0 FAQ
What was Tradeweb Markets Inc’s price range in the past 12 months?
Tradeweb Markets Inc lowest stock price was €80.98 and its highest was €111.00 in the past 12 months.
What is Tradeweb Markets Inc’s market cap?
Tradeweb Markets Inc’s market cap is €21.24B.
When is Tradeweb Markets Inc’s upcoming earnings report date?
Tradeweb Markets Inc’s upcoming earnings report date is Oct 29, 2026 which is in 68 days.
How were Tradeweb Markets Inc’s earnings last quarter?
Tradeweb Markets Inc released its earnings results on Jul 30, 2026. The company reported €0.838 earnings per share for the quarter, beating the consensus estimate of €0.813 by €0.025.
Is Tradeweb Markets Inc overvalued?
According to Wall Street analysts Tradeweb Markets Inc’s price is currently Undervalued.
Does Tradeweb Markets Inc pay dividends?
Tradeweb Markets Inc does not currently pay dividends.
What is Tradeweb Markets Inc’s EPS estimate?
Tradeweb Markets Inc’s EPS estimate is 0.85.
How many shares outstanding does Tradeweb Markets Inc have?
Tradeweb Markets Inc has 114,038,200 shares outstanding.
What happened to Tradeweb Markets Inc’s price movement after its last earnings report?
Tradeweb Markets Inc reported an EPS of €0.838 in its last earnings report, beating expectations of €0.813. Following the earnings report the stock price went down -11.391%.
Which hedge fund is a major shareholder of Tradeweb Markets Inc?
Currently, no hedge funds are holding shares in DE:4T0
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Tradeweb Markets Stock Smart Score
Neutral
1
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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€104.78 (18.77% Upside)
€104.78 (18.77% Upside)
Blogger Sentiment
Bullish
DE:4T0 Sentiment 80%
Sector Average ―
Sector Average ―
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-27.56%
12-Months-Change
Fundamentals
Return on Equity
0.48%
Trailing 12-Months
Asset Growth
2.42%
Trailing 12-Months
Company Description
Tradeweb Markets Inc
Tradeweb Markets Inc. is a global provider that develops and manages sophisticated electronic trading platforms across the Americas, Europe, the Middle East, Africa, and Asia Pacific. These digital venues facilitate transactions in a diverse array of financial instruments, including fixed income (rates and credit), money market products, and equities. The company offers a comprehensive range of services, encompassing pre-trade analytics and data, efficient trade execution, and streamlined processing. It also delivers valuable post-trade data insights, analytical tools, and detailed reporting solutions. Tradeweb caters to a broad spectrum of market participants. It provides flexible order management and trading systems for institutional investors, operating in 45 distinct financial markets and supporting 25 different currencies. Through its Dealerweb platform, it offers a mix of electronic, voice, and hybrid trading solutions to roughly 300 dealers and financial institutions. Furthermore, the Tradeweb Direct platform is specifically designed to serve financial advisory firms and individual traders. With a substantial client network of approximately 2,500 entities, Tradeweb serves the institutional, wholesale, and retail sectors. Its extensive client base includes asset managers, hedge funds, insurance providers, central banks, commercial banks, securities dealers, proprietary trading firms, retail brokerage houses, financial advisory practices, and regional dealers. Tradeweb Markets Inc. was established in 1996, with its corporate headquarters located in New York, New York. The company operates as a subsidiary of Refinitiv Parent Limited.
4T0 Company Deck
4T0 Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong, broad-based operational momentum: second-highest quarterly revenue ($559M, +9% YoY), accelerated June revenue (+20% YoY), robust international growth (+14% YoY), meaningful gains across swaps, ETFs and credit protocols, healthy margins (adjusted EBITDA margin 54.4%) and strong cash generation (> $1B FCF TTM, $2.1B cash). Management is balancing margin expansion with targeted investments in AI, data infrastructure and frontier markets, and returning capital via dividends and buybacks. Key negatives include fee‑per‑million pressure from product mix shifts, a 22% drop in retail credit, rising operating costs (notably tech and occupancy), and competitive/market‑structure risks (e.g., ICE/MarketAxess transaction). On balance, the positives — diversified revenue growth, market share gains (swaps and U.S. institutional Treasuries), product automation adoption, and strong cash generation — outweigh the lowlights, though management noted areas of vigilance and flexibility on spending and capital allocation.View all DE:4T0 earnings summaries4T0 Revenue Breakdown
51.97% Rates
27.45% Credit
7.12% Equities
7.03% Market Data
6.43% Other

4T0 Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
€104.78
▲(18.77% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Interactive Brokers
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Jefferies
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Marketaxess Holdings
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Raymond James Financial
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Futu Holdings
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