Tradeweb Markets Inc.

Tradeweb Markets Inc.

TWยทNASDAQ

$100.43

+2.5%
Financial ServicesFinancial - Capital Markets

Tradeweb Markets Inc. builds and operates electronic marketplaces in the Americas, Europe, the Middle East, Africa, Asia Pacific, and internationally. The company's marketplaces facilitate trading in a range of asset classes, including rates, credit, money markets, and equities. It offers pre-trade data and analytics, trade execution, and trade processing, as well as post-trade data, analytics, and reporting services. The company provides flexible order and trading systems to institutional investors in 45 markets across 25 currencies. It also offers a range of electronic, voice, and hybrid platforms to approximately 300 dealers and financial institutions on electronic or hybrid markets with Dealerweb platform; and trading solutions for financial advisory firms and traders with Tradeweb Direct platform. The company serves a network of approximately 2,500 clients in the institutional, wholesale, and retail client sectors. Its customers include asset managers, hedge funds, insurance companies, central banks, banks and dealers, proprietary trading firms, retail brokerage and financial advisory firms, and regional dealers. Tradeweb Markets Inc. was founded in 1996 and is headquartered in New York, New York. Tradeweb Markets Inc. is a subsidiary of Refinitiv Parent Limited.

At a Glance

Live Snapshot
Market Cap$21.40B
EPS3.8100
P/E Ratio26.36
Earnings Date07/30/2026
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Tradeweb Markets Inc. Street Expectations Map

TW ยท NASDAQ

Wall Street analysts project that TW stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 131.20, with estimates ranging from a low of 112.00 to a high of 150.00.

Lowest Target
112.00
11.52%
Consensus Target
131.20
30.64%
Highest Target
150.00
49.36%

The consensus 1-year price target stands at 131.20, with estimates ranging from a low of 112.00 to a high of 150.00.

Analyst Consensus Analysis

Upside Potential

+30.6%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

29.0% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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Tradeweb Markets Inc. Forward Estimates of Revenue

TW ยท NASDAQ
Latest Revenue
2.05B
FY 2025
Avg Estimate
2.28B
FY 2026
Estimate Range
2.24B - 2.34B
Analyst Spread

Forward Growth Analysis

Projected Growth+11.0%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage12 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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Tradeweb Markets Inc. Forward Estimates of Net Income

TW ยท NASDAQ
Latest Net Income
812.79M
FY 2025
Avg Estimate
829.44M
FY 2026
Estimate Range
797.21M - 861.67M
Analyst Spread

Forward Growth Analysis

Projected Growth+2.0%

Flat growth suggests market maturity or near-term challenges offsetting expansion efforts.

Analyst Coverage12 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread8%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Tradeweb Markets Inc. Forward Estimates of EPS

TW ยท NASDAQ
Latest EPS
3.81
FY 2025
Avg Estimate
$3.82
FY 2026
Estimate Range
$3.71 - $4.01
Analyst Spread

Forward Growth Analysis

Projected Growth+0.2%

Flat growth suggests market maturity or near-term challenges offsetting expansion efforts.

Analyst Coverage10 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread8%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Tradeweb Markets Inc. Forward Estimates of EBIT

TW ยท NASDAQ
Latest EBIT
1.18B
FY 2025
Avg Estimate
835.13M
FY 2026
Estimate Range
820.35M - 857.30M
Analyst Spread

Forward Growth Analysis

Projected Growth-29.0%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage12 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Tradeweb Markets Inc. Forward Estimates of EBITDA

TW ยท NASDAQ
Latest EBITDA
1.43B
FY 2025
Avg Estimate
1.18B
FY 2026
Estimate Range
1.16B - 1.21B
Analyst Spread

Forward Growth Analysis

Projected Growth-17.6%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage12 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Tradeweb Markets Inc. Forward Estimates of SG&A Expense

TW ยท NASDAQ
Latest SG&A Expense
296.07M
FY 2025
Avg Estimate
439.92M
FY 2026
Estimate Range
432.13M - 451.60M
Analyst Spread

Forward Growth Analysis

Projected Growth+48.6%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage12 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Tradeweb Markets Inc. Insider Positioning

TW ยท NASDAQ

During the last 12 months, insiders have sold $26.36M worth of TW shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

59.3K

6.82M

Net Activity

-6.8M

-$6.82M

3-6 Months

Bought

0

0.00

Sold

162.3K

19.54M

Net Activity

-19.5M

-$19.54M

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

1
HW

Hult William

Director, Officer: Chief Executive Officer

144.9K sharesโ€ข2 transactions

$17.47M

2
PJ

Peterson Justin

Officer: Chief Technology Officer

46.7K sharesโ€ข4 transactions

$5.25M

3
BE

Bruni Enrico

Officer: Md, Co-Head Of Global Markets

17.4K sharesโ€ข1 transactions

$2.07M

4
FS

Furber Sara

Officer: Chief Financial Officer

6.5K sharesโ€ข2 transactions

$816K

5
FD

Friedman Douglas

Officer: Chief Legal Officer

2.8K sharesโ€ข2 transactions

$352K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $26.36M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$6.82M

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.