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TW Stock Chart & Stats
$107.71
-$0.02(-0.02%)
At close: 4:00 PM EDT
$107.71
-$0.02(-0.02%)
Day’s Range― - ―
52-Week Range$91.42 - $127.69
Previous CloseN/A
Volume760.39K
Average Volume (3M)1.35M
Market Cap
$28.68B
Enterprise Value$20.00B
Total Cash (Recent Filing)$2.06B
Total Debt (Recent Filing)$150.34M
Price to Earnings (P/E)29.2
Beta0.33
Next Earnings
Oct 29, 2026EPS Estimate
1.01Next Dividend Ex-DateN/A
Dividend Yield0.44%
Share Statistics
EPS (TTM)4.20
Shares Outstanding114,038,200
10 Day Avg. Volume1,335,462
30 Day Avg. Volume1,350,078
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 Cap0.70
Enterprise Value/Revenue9.07
Enterprise Value/Gross Profit13.30
Enterprise Value/Ebitda13.20
Forecast
1Y Price Target
$128.33Price Target Upside19.15% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
EPS Forecast (FY)4.08
Revenue Forecast (FY)$2.36B
Bulls Say, Bears Say
Bulls Say
Profitability And Cash GenerationTradeweb combines unusually strong profitability with conservative leverage and high cash conversion. This financial profile supports continued technology investment, dividends, buybacks, and strategic flexibility while reducing dependence on external financing through market cycles.
Market Share And Revenue GrowthGrowth is supported by both geographic expansion and share gains in important electronic markets, particularly swaps. Increasing activity across international clients and core risk products can reinforce network effects, deepen liquidity, and support durable platform relevance.
Data And Automation ExpansionRapid growth in market data and automated execution broadens Tradeweb’s recurring and technology-enabled revenue base. Greater workflow integration can improve client stickiness, increase electronic adoption, and create operating leverage as activity scales across products.
Bears Say
Fee CompressionLower fees per million can limit revenue growth even when traded volumes increase, especially as mix shifts toward lower-fee products and protocols. Persistent pricing pressure would challenge monetization, moderate incremental margins, and require continued volume or share gains.
Rising Operating CostsExpense growth is absorbing part of Tradeweb’s strong revenue momentum, with infrastructure, facilities, consultants, and headcount all increasing. Although investments may support future growth, sustained cost intensity could temper margin expansion and reduce operating leverage.
Acquisition Execution And Approval RiskThe Trumid transaction could expand credit capabilities, but its large cash component and pending approvals create execution risk before benefits are realized. Integration, timing, or regulatory complications could delay expected earnings accretion and temporarily constrain capital flexibility.
Tradeweb Markets News
TW FAQ
What was Tradeweb Markets Inc’s price range in the past 12 months?
Tradeweb Markets Inc lowest stock price was $91.42 and its highest was $127.69 in the past 12 months.
What is Tradeweb Markets Inc’s market cap?
Tradeweb Markets Inc’s market cap is $28.68B.
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 4 days.
How were Tradeweb Markets Inc’s earnings last quarter?
Tradeweb Markets Inc released its earnings results on Jul 30, 2026. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.941 by $0.029.
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 pays a Quarterly dividend of $0.14 which represents an annual dividend yield of 0.44%. See more information on Tradeweb Markets Inc dividends here
What is Tradeweb Markets Inc’s EPS estimate?
Tradeweb Markets Inc’s EPS estimate is 1.01.
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 $0.97 in its last earnings report, beating expectations of $0.941. Following the earnings report the stock price went down -9.596%.
Which hedge fund is a major shareholder of Tradeweb Markets Inc?
Currently, no hedge funds are holding shares in TW
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$128.33 (19.15% Upside)
$128.33 (19.15% Upside)
Blogger Sentiment
Bullish
TW Sentiment 71%
Sector Average 60%
Sector Average 60%
Hedge Fund Trend
Increased
By 331.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 6.3%
Last 30 Days ▲ 6.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.20%
12-Months-Change
Fundamentals
Return on Equity
13.78%
Trailing 12-Months
Asset Growth
2.42%
Trailing 12-Months
Learn more about TipRanks Smart Score
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.
TW Company Deck
TW 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 TW earnings summariesTW Revenue Breakdown
51.97% Rates
27.45% Credit
7.12% Equities
7.03% Market Data
6.43% Other
TW Stock 12 Month Forecast
Average Price Target
$128.33
▲(19.15% Upside)
Technical Analysis
Ownership Overview
0.37% Insiders
32.53% Mutual Funds
2.45% Other Institutional Investors
47.30% Public Companies and
Individual Investors