StoneX Group (SNEX) AI Stock Analysis

StoneX Group

(BMV:SNEX)

Rating:―N/A

Action:N/A

Date:―

No summary available

Positive Factors

Strong revenue and earnings growthStoneX is expanding materially across its market-access and trading platform, with revenue and earnings growth extending beyond a single quarter. This scale can strengthen operating leverage, broaden client relationships, and support continued investment across products and geographies.

Negative Factors

Structurally thin net marginsVery thin profitability provides limited cushion when trading activity, spreads, or client volumes weaken. Even with solid dollar operating profit, modest changes in revenue conditions can produce disproportionate earnings effects and constrain the durability of returns through a softer market cycle.

StoneX Group (SNEX) vs. SPDR S&P 500 ETF (SPY)

Market Cap: MXN 6.37B
Dividend Yield: ―
Average Volume (3M): 81
Price to Earnings (P/E): 8.6
Beta (1Y): -0.03
Revenue Growth: 20.57%
EPS Growth: 50.19%
Country: Mexico
Employees: 5,251
Sector: Financial
Sector Strength: 68
Industry: Financial - Capital Markets

StoneX Group Business Overview & Revenue Model

Company Description

StoneX Group Inc. operates as a global financial services provider, connecting a diverse range of entities, including corporations, organizations, traders, and investors, to the worldwide market ecosystem. Its Commercial division offers a comprehensi...

StoneX Group Earnings Call Summary

Earnings Call Date:Aug 04, 2026(Q3-2026)|% Change Since:-8.17%|Next Earnings Date:Nov 29, 2026

Earnings Call SentimentPositive

The call presented a strong set of year-over-year financial results driven by acquisitions (RJO, Benchmark), broad product-level growth, higher interest income and ramping Global Prime and Payments businesses. These positives were tempered by the sequential pullback in revenue and earnings due to moderation in market volatility, notable weakness in Self-Directed Retail and FX/CFD, and acquisition-related expense increases and one-time items. Integration synergies from RJO are tracking positively and management highlighted substantial runway for growth across the ecosystem.

Positive Updates

Strong Year-over-Year Revenue and Earnings Growth

Total net operating revenues of $719.7M, up 47% year-over-year; net income of $127.9M, up 102% year-over-year; diluted EPS of $1.00, up 85% year-over-year; trailing 12-month net income of $526.9M, up 77% and trailing 12-month operating revenues nearly $5.7B, up 48%.

Negative Updates

Sequential Revenue and Earnings Pullback

Net operating revenues were down 13% versus the immediately preceding quarter and net income was 27% lower than the record Q2, reflecting moderation in market volatility and normalization after an elevated prior quarter.

Company Guidance

Management reiterated a 15% ROE target and said the U.S. FCM consolidation should be substantially completed later this fiscal year; R.J. O'Brien cost‑synergy run‑rate has moved from roughly $32M (exit Q2) to ~$37–38M exiting Q3 and is expected to reach mid‑$40M (~$45–46M) by the end of this fiscal year and ~$50M by end of next fiscal Q1. They added $750M of fixed‑rate SOFR swaps, bringing aggregate swaps to $2.55B (avg duration ~1.5 years, avg rate 3.51%) and estimate a 100‑bp move in short‑term rates would change net income by $46.9M (≈$0.38/share) annualized; interest & fee income (net) was $111.9M this quarter, average client equity & FDIC sweep balances were $16.2B (up 108% YoY), required client assets nearly $13B, and management expects client balances can grow at high‑single‑digit % post‑integration. They see significant cross‑sell potential (no quantified revenue synergy timetable) with Prime Services (700+ accounts, >$16B AUM, ≈$140M LTM net operating revenue, 60%+ CAGR) driving future growth.

StoneX Group Risk Analysis

StoneX Group disclosed 41 risk factors in its most recent earnings report. StoneX Group reported the most risks in the "Finance & Corporate" category.

Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy

Latest Risks Added

0 New Risks

StoneX Group Peers Comparison

Overall Rating

UnderperformOutperform

Sector (68)

Financial Indicators

MX:SNEX against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW	83Outperform	$28.68B	28.70	13.78%	0.44%	14.43%	44.98%
VIRT	78Outperform	$8.34B	6.80	41.25%	1.79%	27.58%	36.35%
MRX	76Outperform	$4.63B	16.39	31.85%	0.96%	―	―
MKTX	74Outperform	$5.82B	20.21	24.09%	1.88%	3.30%	38.95%
Sector *	68Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
BGC	66Neutral	$5.24B	26.97	19.20%	0.71%	27.75%	31.48%

* Financial Sector Average

Performance Comparison

MX:SNEX and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
MX:SNEX	Stonex Group Inc.	1180.00	208.44	21.45%
BGC	Bgc Group, Inc.	11.23	1.92	20.57%
MKTX	Marketaxess	165.30	9.16	5.86%
VIRT	Virtu Financial Inc.	53.76	19.54	57.12%
TW	Tradeweb Markets	122.54	17.73	16.92%
MRX	Marex Group plc	64.41	33.83	110.65%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

StoneX Group AI Stock Analysis