16.7% Below Target

Cboe Global Markets, Inc. (CBOE) has a consensus 12-month price target of $301.83, implying 16.7% upside from $258.64. The 31 analysts covering CBOE see moderate appreciation potential.

CBOE has a consensus rating of "Buy" based on 31 Wall Street analysts. The rating breakdown is mixed, with 12 Hold ratings making up the largest segment. The consensus 12-month price target of $301.83 implies 16.7% upside from current levels.

With a forward P/E of 19.1156x, CBOE trades at a relatively low valuation. The consensus target of $301.83 implies 16.7% appreciation, suggesting meaningful undervaluation.

The most bullish Wall Street analyst has a price target of $335 for CBOE, while the most conservative target is $263. The consensus of $301.83 represents the median expectation. Our quantitative valuation model projects a bull case target of $518 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

CBOE is heavily covered by Wall Street, with 31 analysts providing price targets and ratings. Of these, 2 have Strong Buy ratings, 13 have Buy ratings, 12 recommend Hold, and 4 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month CBOE stock forecast based on 31 Wall Street analysts shows a consensus price target of $301.83, with estimates ranging from $263 (bear case) to $335 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $393, with bear/bull scenarios of $248/$518.

Our quantitative valuation model calculates CBOE's fair value at $393 (base case), with a bear case of $248 and bull case of $518. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 51/100.

CBOE trades at a forward P/E ratio of 19.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 24.8x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are optimistic on CBOE, with a "Buy" consensus rating and $301.83 price target (16.7% upside). 15 of 31 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

CBOE analyst price targets range from $263 to $335, a 24% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $301.83 consensus represents the middle ground. Our model's $248-$518 range provides an independent fundamental perspective.