Added to YB: 2025-11-11
Pitch date: 2025-11-06
MIAX [neutral]
Miami International Holdings, Inc.
-13.56%
current return
Author Info
The Diversified Fins Analyst is a former sellside & buyside equities analyst focused on diversified financials (exchanges, online brokers, trading companies, etc.). Sign up for the newsletter.
Company Info
Miami International Holdings, Inc., through its subsidiaries, builds and operates various financial marketplaces in the United States.
Market Cap
$4.4B
Pitch Price
$46.97
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.80
P/E
26.69
EV/Sales
2.53
Sector
Capital Markets
Category
growth
Miami International Holdings Inc. (MIAX) 3Q25 Earnings Review
MIAX (earnings): Q3 revenue $109M (+57% YOY) beat $106M consensus; options market share hit record 19.4% in Oct, surpassing ICE for first time. Strong operating leverage: revenue +57% vs expenses +16% YOY. Options RPC $0.103 (-12% QOQ, +8% YOY). Launching Bloomberg index futures Q1. Tailwinds from 0DTE expansion, retail adoption.
Read full article (6 min)