<- Go home

Added to YB: 2026-06-09

Pitch date: 2026-06-05

MIAX [bullish]

Miami International Holdings, Inc.

-3.85%

current return

Author Info

No bio for this author

Company Info

Miami International Holdings, Inc., through its subsidiaries, operates various markets across options, futures, and cash equities.

Market Cap

$3.7B

Pitch Price

$40.29

Price Target

56.00 (+43%)

Dividend

N/A

EV/EBITDA

16.78

P/E

26.10

EV/Sales

2.24

Sector

Capital Markets

Category

value

Show full summary:
MIAX: The Toll Booth on America's Options Highway. And Traffic Is Booming.

MIAX: #3 US options exchange (17.1% share, passed NYSE) at ~$40, ~10x 2026E EV/EBITDA vs peers 14-20x. Q1'26 rev +40%, EBITDA +66%, margin 51%. $432M net cash, FCF $135M. Bloomberg Index Futures live, Rothera/Robinhood optionality. Horizon Kinetics insider. FV ~$56, ~40% upside.

Read full article (13 min)