Tradeweb Markets stock
TWNASDAQTradeweb Markets Inc., Financial ServicesISIN US8926721064
76Score 76 out of 100, Strong
Price and trend
82 / 100
Price history
+20% in one yearThe chart shows daily closes over 8 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 19% above it.
Since November 2026 the 50-day line has been above the 200-day line; the trend has turned up.
Overheated: the price has risen very quickly lately (RSI 75).
The price is at its 52-week high. Largest decline in 8 years: 49% (December 2021 to October 2022).
Chart figures for advanced users
- SMA 50$112.09
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$110.25
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)75
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$91.50
- The lowest closing price of the last twelve months.
- Resistance$131.64
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Tradeweb Markets Inc. belongs to the Financial (Capital Markets) industry (United States) and, with a market value of $28.44B, is number 9 of 81 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $2.05B (up 18.9% year on year) and earnings of $812.79M (up 62.1%).
- For fiscal 2026, analysts expect on average revenue of $2.37B (up 15.3%) and adjusted earnings per share of $4.10 (up 18.1%).
Show more
- MEQIRI Score 76 out of 100 (Strong): rank 209 of 976 in Financial Services, median 68.
- The P/E is 30.6 (Financial (Capital Markets) median 13.7, own median of recent years 52.5).
- Our model puts fair value at $53.69, with the price 143% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings per share growingUp 32.9% a year since 2020.Growth 96
- Consistently profitableProfit in all 10 fiscal years from 2016 to 2025.Fundamentals 86
Weaknesses
- Above fair valuePrice 143% above the fair value of $53.69.Valuation 22
- DilutionShare count up 18% since 2020.
Its standout strengths are growth and fundamentals, while valuation holds the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
The fundamentals are strong overall.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among stocks ranked 101 to 1,000.
From 2016 to 2025, 13 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What drives the risk
- high growth grade (crashed more often in the backtest)
What lowers it
- solid fundamentals
- price near its 52-week high
Valuation
Valuation signal
Significantly overvaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $41.30 and expensive above $76.70 (uncertainty medium, based on the price swings of the past year).
The two parts of the fair value come to $48.26 (excess return model) and $59.12 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.
Calculated with a cost of equity of 11.2%. At 12.2% the fair value would be $50.80, at 10.2% it would be $57.48.
Valuation metrics
Half from the excess return model, half from earnings times the industry P/E (13.7).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 14.4% on the twelve months before. Revenue has grown strongly since 2016, at around 17% per year.
Margins
- Operating margin
- Net margin
In fiscal 2025: operating 41%, net 40%. Banks and insurers have no gross margin, and their net margin is not comparable with other industries. The score leaves both out.
Debt & balance sheet
latest quarterFor banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.
Earnings
- Next earnings
- 4 Feb 2027in 84 days
- Last reported
- 29 Oct 2026EPS reported $1.02 (expected $1.01)in line with expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $4.10+0.5%
- Revenue
- $2.37B+0.5%
- Earnings per share
- $4.73+1.4%
- Revenue
- $2.67B+1.3%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: +2.3%Tradeweb confirms revenue momentum and only slightly raises its 2026 expense guidance to $1.155 to $1.175 billion, while still expecting margin expansion, though more muted than in 2025.
“Turning to guidance for 2026, in light of our strong continued business momentum in the third quarter and October, a potentially more dynamic foreign exchange rate backdrop, we are updating our guidance for adjusted expenses to a range of $1.155 billion to $1.175 billion and we are currently trending towards the …”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 29 Oct 2026 (fiscal Q3 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. 4 insiders sold, $4.88M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
Partial trades from one filing are shown in one row, with the average price.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Tradeweb Markets
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
976 rated companies in Financial Services
- This company
- 76
- Sector median
- 68
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Financial (Capital Markets)
The next larger and next smaller companies by market value
- CITIC Securities600030.SS $56.04B68
- East Money Information300059.SZ $44.02B68
- Guotai Junan Securities601211.SS $42.27B59
- Nomura HoldingsNMR $28.24B69
- CSC Financial601066.SS $25.45B61
- LPL Financial HoldingsLPLA $23.49B80
- Huatai Securities601688.SS $23.37B60
- GF Securities000776.SZ $22.12B66
ETFs that hold Tradeweb Markets
Held by 60 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares MSCI USA Mid-Cap Equal Weight UCITS ETFQDVC | 0.38% | 0.20% | €268.74M |
| Xtrackers MSCI USA Financials UCITS ETF 1DXUFN | 0.18% | 0.12% | €1.07B |
| iShares MSCI World Mid-Cap Equal Weight UCITS ETF USDIS3T | 0.15% | 0.30% | €408.01M |
Show 5 more
| Deka MSCI USA MC UCITS ETFEL41 | 0.15% | 0.30% | €51.58M |
| Invesco MSCI World Equal Weight UCITS ETF Acc AccumUSDMWEQ | 0.10% | 0.20% | €2.06B |
| Xtrackers MSCI World Financials UCITS ETF 1CXDWF | 0.10% | 0.25% | €1.44B |
| Amundi MSCI USA ESG Broad Transition UCITS ETF DistLYYB | 0.06% | 0.07% | €5.94B |
| Amundi MSCI North America ESG Broad Transition UCITS ETF DistWEBC | 0.06% | 0.15% | €541.32M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 3 Jul 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.