The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the financial & commodity market operators & service providers peer group is "buy"
Wall Street's median 12-month price target for Miami International Holdings, Inc. is $52.00, about 14.7% above its August 4 closing price of $45.34
Updated 2026 outlook
Company lowers 2026 adjusted operating expense guidance to $260 mln-$270 mln from $265 mln-$275 mln
Miami International Holdings raises 2026 share-based compensation expense guidance to $29 mln-$32 mln
Company expects 2026 capital expenditures of $40 mln-$45 mln, unchanged from prior guidance
US exchange operator's Q2 net revenue rose 35% yr/yr to a record high
Adjusted EPS for Q2 beat analyst expectations
Company updated FY 2026 expense guidance, lowering adjusted operating expense outlook
Options business growth was driven by a 25% yr/yr increase in average daily volume and higher revenue per contract. Higher non-transaction fees from increased member connections, fee increases, and new market data products contributed to revenue growth. Revenue in the international segment increased due to the TISE acquisition.