JPMorgan upgrades CME Group stock to Overweight at USD 367.00

Published on 10/23/2026 at 11:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CME Group stock costs EUR 272.75 on October 23, 2026. Third-quarter revenue rose 13.00 percent to USD 1.74 billion.

Results and trading scale

JPMorgan upgraded CME Group to Overweight with a USD 367.00 target on October 22, 2026.
Average daily volume reached 29.4 million contracts in the third quarter of 2026.
CME Group stock traded at EUR 272.75 at 11:35 a.m. CEST at Lang & Schwarz on October 23, 2026.

Isometrische 3D-Illustration einer Derivatebörsen-Wertschöpfungskette mit Clearing und Settlement — CME Group Inc. isometrisches Prozessdiagramm der Wertschöpfungskette, ISIN US12572Q1058 zeigt Clearing und Settlement, Illustration mit AI erstellt.

CME Group Inc. (ISIN US12572Q1058) reported record third-quarter revenue of USD 1.74 billion, while its stock was trading at EUR 272.75 at Lang & Schwarz on October 23, 2026, at 11:35 a.m. CEST. On October 22, 2026, MarketBeat reported that JPMorgan Chase & Co. upgraded the stock from Underweight to Overweight and set a USD 367.00 target.

Record revenue sets the tone

The company said in its October 21, 2026 release that third-quarter revenue reached USD 1,737.3 million, up from USD 1,537.6 million a year earlier. According to CME Group, diluted earnings per share were USD 2.89, while adjusted diluted earnings per share reached USD 3.02. The adjusted figure was 13.00 percent above the USD 2.68 level reported for the third quarter of 2025.

Trading activity supplied the operating leverage. Average daily volume rose to 29.4 million contracts in the third quarter of 2026 from 25.3 million a year earlier, and market data revenue increased 20.00 percent to USD 243.1 million, according to the company release.

Three milestones since October 5

On October 5, 2026, UBS raised its target for CME Group from USD 260.00 to USD 270.00 while keeping a Neutral rating, as reported by Benzinga. On October 9, 2026, Morgan Stanley lifted its target from USD 330.00 to USD 337.00 while retaining an Overweight rating, the same report said. CME Group then reported its USD 1.74 billion third-quarter revenue on October 21, 2026.

What does the volume mean for margins?

The answer is visible in the adjusted operating result. CME Group reported adjusted operating income of USD 1,205.5 million on third-quarter revenue of USD 1,737.3 million, an adjusted operating margin of 69.40 percent. Clearing and transaction fees contributed USD 1,378.1 million, showing why contract growth remains central to the earnings story.

Stock price in euros

CME Group stock was trading at EUR 272.75 at Lang & Schwarz on October 23, 2026, at 11:35 a.m. CEST. The quote is an intraday indication for investors in Germany.

The further course of trading is shown by the continuously updated real-time quote of CME Group stock.