Added to YB: 2026-07-17
Pitch date: 2026-07-14
TW [bullish]
Tradeweb Markets Inc.
+1.85%
current return
Author Info
Aurelion Research is a research analyst with a passion for markets, specializing in high‑conviction ideas across shipping, offshore drilling, and thematic equity research. Sign up for the newsletter.
Company Info
Tradeweb Markets Inc. builds and operates electronic marketplaces in the United States and internationally.
Market Cap
$21.0B
Pitch Price
$99.35
Price Target
140.00 (+38%)
Dividend
0.57%
EV/EBITDA
N/A
P/E
24.40
EV/Sales
N/A
Sector
Capital Markets
Category
growth
New Position: Volatility Merchant
TW (new position): Capital-light electronic fixed-income trading platform, 53% rev from Rates (50%+ swap share). 20% rev CAGR & 24% FCF CAGR since 2022, 47% FCF margins, 35%+ adj ROE. Only ~30% mkt electronified = long runway. Trades 22x FCF (vs 30-35x hist). 1yr PT $140. Risk: LSEG 51% stake sale via Elliott pressure, macro/volatility.
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