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Added to YB: 2026-06-09

Pitch date: 2026-06-05

MIAX [bullish]

Miami International Holdings, Inc.

+5.21%

current return

Author Info

No bio for this author

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

$40.29

Price Target

56.00 (+32%)

Dividend

N/A

EV/EBITDA

14.80

P/E

26.69

EV/Sales

2.53

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)