CBOE Global Markets upgraded to Buy after strong Q3 earnings and attractive valuation discount.

CBOE Global Markets has been upgraded from Hold to Buy following its strong Q3 performance, with adjusted earnings per share up 36% year-over-year and net revenue rising 17.5%, driven by growth in options trading. The stock currently trades at about a 25% discount to its five-year average price-to-earnings ratio, suggesting potential returns above 20%. However, investors should consider risks such as dependence on market volatility, regulatory scrutiny of certain options products, and increasing competition from other exchanges and platforms.

CBOE Global Markets has a market cap of $35.01 billion and a dividend yield of 1.03% as of Oct 31, 2026, 19:11 WIB on Pluang. The stock price is currently USD 335.63, up 6.80% in the last day, with a trading volume of 2,458,367 shares. Pluang users show balanced order activity with 50% selling and 50% buying, reflecting active interest in the stock amid its recent upgrade.