9-Day Rally Sends Cboe Global Markets Stock Up 11%
Cboe Global Markets (CBOE) stock hit day 9 of a continuous streak of days with gains, with cumulative gains over this period amounting to a 11% return. The company has gained about $2.8 Bil in value over the last 9 days, with its current market capitalization at about $27 Bil. The stock remains 33.9% above its value at the end of 2024. This compares with year-to-date returns of 16.4% for the S&P 500.
Cboe’s recent market ascent stems from a robust Q3 earnings beat and strategic realignment, shedding non-core assets for sharpened focus. Strong options trading volumes and an innovative launch of Bitcoin and Ether continuous futures, coupled with analyst upgrades, fueled investor confidence in its growth trajectory. For quick background: CBOE provides trading services across options, North American equities, futures, Europe and Asia Pacific markets, and institutional foreign exchange including non-deliverable forward FX transactions.
What is the point? Momentum often precedes conviction. A multi-day win streak can signal growing investor confidence or spark follow-on buying. Tracking such trends can help you ride the strength, or prepare for a well-timed entry if momentum fades. Our take: There are only a couple of things to fear in CBOE stock given its overall Strong operating performance and financial condition. This is aligned with the stock’s High valuation because of which we think it is Fairly Priced. Deep dive with Buy or Sell CBOE.
Individual stocks can soar or tank but one thing matters: staying invested. High Quality Portfolio helps you do that.
Comparing CBOE Stock Returns With The S&P 500
The following table summarizes the return for CBOE stock vs. the S&P 500 index over different periods, including the current streak:
| Return Period | CBOE | S&P 500 |
|---|---|---|
| 1D | 0.0% | 0.2% |
| 9D (Current Streak) | 11.4% | -0.6% |
| 1M (21D) | 6.5% | 2.9% |
| 3M (63D) | 6.0% | 5.9% |
| YTD 2025 | 33.9% | 16.4% |
| 2024 | 10.7% | 23.3% |
| 2023 | 44.4% | 24.2% |
| 2022 | -2.2% | -19.4% |
However, big gains can follow sharp reversals – but how has CBOE behaved after prior drops? See CBOE Dip Buyer Analysis to learn more.
Gains and Losses Streaks: S&P 500 Constituents
There are currently 149 S&P constituents with 3 days or more of consecutive gains and 7 constituents with 3 days or more of consecutive losses.
| Consecutive Days | # of Gainers | # of Losers |
|---|---|---|
| 3D | 92 | 1 |
| 4D | 26 | 4 |
| 5D | 17 | 1 |
| 6D | 8 | 0 |
| 7D or more | 6 | 1 |
| Total >=3 D | 149 | 7 |
Key Financials for Cboe Global Markets (CBOE)
Last 2 Fiscal Years:
| Metric | FY2023 | FY2024 |
|---|---|---|
| Revenues | $3.8 Bil | $4.1 Bil |
| Operating Income | $1.1 Bil | $1.2 Bil |
| Net Income | $761.4 Mil | $764.9 Mil |
Last 2 Fiscal Quarters:
| Metric | 2025 FQ1 | 2025 FQ2 |
|---|---|---|
| Revenues | $1.2 Bil | $1.2 Bil |
| Operating Income | $354.1 Mil | $356.2 Mil |
| Net Income | $250.6 Mil | $235.1 Mil |
While CBOE stock looks attractive given its winning streak, investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.