TW
Tradeweb Markets Inc. NASDAQ Listed Apr 4, 2019$99.49
-1.27%
vs $100.77
Mkt Cap $21.2B
52w Low $94.25
9.9% of range
52w High $147.49
50d MA $108.78
200d MA $111.13
P/E (TTM)
26.3x
EV/EBITDA
13.6x
P/B
3.0x
Debt/Equity
0.0x
ROE
13.1%
P/FCF
19.0x
RSI (14)
48.20
ATR (14)
$3.17
Beta
0.78
50d MA
$108.78
200d MA
$111.13
Avg Volume
1.8M
Tradeweb Markets Inc. builds and operates electronic marketplaces in the Americas, Europe, the Middle East, Africa, Asia Pacific, and internationally. The company's marketplaces facilitate trading in a range of asset classes, including rates, credit, money markets, and equities. It offers pre-trade data and analytics, trade execution, and trade processing, as well as post-trade data, analytics, and reporting services. The company provides flexible order and trading systems to institutional investors in 45 markets across 25 currencies. It also offers a range of electronic, voice, and hybrid platforms to approximately 300 dealers and financial institutions on electronic or hybrid markets with Dealerweb platform; and trading solutions for financial advisory firms and traders with Tradeweb Direct platform. The company serves a network of approximately 2,500 clients in the institutional, wholesale, and retail client sectors. Its customers include asset managers, hedge funds, insurance companies, central banks, banks and dealers, proprietary trading firms, retail brokerage and financial advisory firms, and regional dealers. Tradeweb Markets Inc. was founded in 1996 and is headquartered in New York, New York. Tradeweb Markets Inc. is a subsidiary of Refinitiv Parent Limited.
1177 Avenue of the Americas · New York City, NY 10036 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 29, 2026 | BMO | 1.06 | 1.08 | +1.9% | 112.36 | -4.0% | +5.1% | -4.1% | -1.4% | +0.8% | -1.8% | — |
| Feb 5, 2026 | BMO | 0.85 | 0.87 | +2.6% | 100.82 | +0.2% | +8.6% | +2.4% | +3.1% | +0.9% | -1.5% | — |
| Oct 30, 2025 | BMO | 0.83 | 0.87 | +4.9% | 105.44 | -0.9% | -1.2% | +1.2% | -0.1% | -0.5% | -0.4% | — |
| Jul 30, 2025 | BMO | 0.86 | 0.87 | +1.2% | 138.31 | +0.1% | +5.6% | -5.2% | -1.1% | +2.9% | -0.4% | — |
| Apr 30, 2025 | BMO | 0.86 | 0.86 | +0.5% | 137.38 | -1.9% | +0.7% | -0.2% | +2.7% | +1.7% | -0.7% | — |
| Feb 6, 2025 | BMO | 0.75 | 0.76 | +1.3% | 125.18 | +2.1% | -1.4% | +0.8% | +0.6% | -0.5% | +2.0% | — |
| Oct 30, 2024 | BMO | 0.75 | 0.75 | -0.4% | 131.45 | +0.6% | -2.0% | -1.4% | -0.1% | +0.1% | +1.6% | — |
| Jul 25, 2024 | BMO | 0.69 | 0.70 | +1.4% | 108.10 | -3.2% | -2.9% | +1.8% | +0.6% | +2.5% | +1.4% | — |
| Apr 25, 2024 | BMO | 0.71 | 0.71 | +0.0% | 102.96 | -0.8% | -0.8% | -0.3% | -0.3% | +0.2% | +2.1% | — |
| Feb 6, 2024 | BMO | 0.63 | 0.64 | +1.6% | 97.37 | -1.6% | -0.3% | +2.4% | +1.6% | +1.3% | -2.3% | — |
| Oct 26, 2023 | BMO | 0.55 | 0.55 | +0.0% | 83.39 | -2.9% | +5.4% | -0.2% | +1.2% | +1.4% | +0.5% | — |
| Jul 27, 2023 | BMO | 0.50 | 0.52 | +4.0% | 74.63 | +2.0% | +7.8% | +2.7% | -1.1% | -0.6% | -0.5% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 30 | JP Morgan | Maintains | Overweight → Overweight | — | $118.12 | $117.09 | -0.9% | -4.1% | -1.4% | +0.8% | -2.1% | -0.7% |
| Apr 30 | TD Cowen | Maintains | Hold → Hold | — | $118.12 | $117.09 | -0.9% | -4.1% | -1.4% | +0.8% | -2.1% | -0.7% |
| Apr 30 | Barclays | Maintains | Equal Weight → Equal Weight | — | $118.12 | $117.09 | -0.9% | -4.1% | -1.4% | +0.8% | -2.1% | -0.7% |
| Apr 10 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $122.41 | $121.63 | -0.6% | -0.8% | +2.2% | -2.1% | -0.6% | +1.0% |
| Apr 9 | TD Cowen | Downgrade | Buy → Hold | — | $126.44 | $124.99 | -1.1% | -3.2% | -0.8% | +2.2% | -2.1% | -0.6% |
| Apr 8 | Barclays | Maintains | Equal Weight → Equal Weight | — | $124.82 | $124.12 | -0.6% | +1.3% | -3.2% | -0.8% | +2.2% | -2.1% |
| Feb 10 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $115.66 | $115.04 | -0.5% | +0.9% | -1.5% | +0.9% | -2.2% | +0.8% |
| Feb 6 | Piper Sandler | Maintains | Neutral → Neutral | — | $109.53 | $111.00 | +1.3% | +2.4% | +3.1% | +0.9% | -1.5% | +0.9% |
| Feb 6 | JP Morgan | Maintains | Overweight → Overweight | — | $109.53 | $111.00 | +1.3% | +2.4% | +3.1% | +0.9% | -1.5% | +0.9% |
| Jan 14 | TD Cowen | Maintains | Buy → Buy | — | $103.78 | $103.80 | +0.0% | +1.6% | -1.2% | +2.1% | -2.4% | +0.1% |
| Jan 9 | UBS | Maintains | Buy → Buy | — | $103.98 | $105.15 | +1.1% | -0.1% | +1.0% | -1.1% | +1.6% | -1.2% |
| Jan 8 | Barclays | Maintains | Equal Weight → Equal Weight | — | $106.15 | $106.23 | +0.1% | -2.0% | -0.1% | +1.0% | -1.1% | +1.6% |
| Dec 12 | Barclays | Downgrade | Overweight → Equal Weight | — | $108.01 | $107.34 | -0.6% | -0.8% | -2.8% | -0.4% | +0.8% | -1.1% |
| Oct 31 | JP Morgan | Maintains | Overweight → Overweight | — | $104.15 | $105.09 | +0.9% | +1.2% | -0.1% | -0.5% | -0.4% | +2.4% |
| Oct 31 | TD Cowen | Maintains | Buy → Buy | — | $104.15 | $105.09 | +0.9% | +1.2% | -0.1% | -0.5% | -0.4% | +2.4% |
| Oct 31 | Barclays | Maintains | Overweight → Overweight | — | $104.15 | $105.09 | +0.9% | +1.2% | -0.1% | -0.5% | -0.4% | +2.4% |
| Oct 21 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $108.88 | $108.34 | -0.5% | -0.6% | +1.9% | +0.4% | +0.2% | -1.0% |
| Oct 14 | Raymond James | Maintains | Outperform → Outperform | — | $108.35 | $108.31 | -0.0% | -0.1% | -0.3% | -1.3% | +0.4% | +1.8% |
| Oct 7 | UBS | Maintains | Buy → Buy | — | $103.59 | $103.74 | +0.1% | +1.0% | +3.1% | +0.9% | -1.5% | +1.2% |
| Oct 6 | Goldman Sachs | Maintains | Neutral → Neutral | — | $109.98 | $110.04 | +0.1% | -5.8% | +1.0% | +3.1% | +0.9% | -1.5% |
| Oct 1 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $110.98 | $110.27 | -0.6% | -3.0% | +0.4% | +1.8% | -5.8% | +1.0% |
| Sep 18 | Rothschild & Co | Downgrade | Buy → Neutral | — | $117.21 | $116.04 | -1.0% | -4.0% | -0.4% | -0.1% | -0.3% | -0.8% |
| Sep 8 | Citigroup | Maintains | Buy → Buy | — | $119.09 | $119.09 | +0.0% | +0.2% | +0.0% | -0.7% | +0.9% | -1.4% |
| Jul 31 | Keefe, Bruyette & Woods | Maintains | Outperform → Outperform | — | $146.12 | $143.85 | -1.6% | -5.2% | -1.1% | +2.9% | -0.4% | -2.4% |
| Jul 15 | Piper Sandler | Maintains | Neutral → Neutral | — | $136.49 | $135.31 | -0.9% | -1.5% | +1.3% | +1.4% | +0.0% | -2.2% |
| Jul 10 | Barclays | Maintains | Overweight → Overweight | — | $136.62 | $136.34 | -0.2% | -1.4% | +1.0% | +0.3% | -1.5% | +1.3% |
| May 1 | JP Morgan | Maintains | Overweight → Overweight | — | $138.30 | $137.98 | -0.2% | -0.2% | +2.7% | +1.7% | -0.7% | +0.3% |
| May 1 | TD Securities | Maintains | Buy → Buy | — | $138.30 | $137.98 | -0.2% | -0.2% | +2.7% | +1.7% | -0.7% | +0.3% |
| Apr 9 | TD Cowen | Maintains | Buy → Buy | — | $125.47 | $125.33 | -0.1% | +2.0% | -2.1% | +2.2% | +2.5% | +1.8% |
| Apr 7 | Barclays | Maintains | Overweight → Overweight | — | $130.60 | $127.60 | -2.3% | +0.3% | -4.2% | +2.0% | -2.1% | +2.2% |
| Apr 2 | BofA Securities | Maintains | Buy → Buy | — | $147.95 | $146.84 | -0.8% | +0.4% | +0.4% | -12.4% | +0.3% | -4.2% |
| Feb 7 | Barclays | Maintains | Overweight → Overweight | — | $123.42 | $123.00 | -0.3% | +0.8% | +0.6% | -0.5% | +2.0% | +1.1% |
| Feb 7 | UBS | Maintains | Buy → Buy | — | $123.42 | $123.00 | -0.3% | +0.8% | +0.6% | -0.5% | +2.0% | +1.1% |
| Feb 7 | Keefe, Bruyette & Woods | Maintains | Outperform → Outperform | — | $123.42 | $123.00 | -0.3% | +0.8% | +0.6% | -0.5% | +2.0% | +1.1% |
| Jan 13 | Barclays | Maintains | Overweight → Overweight | — | $131.08 | $130.43 | -0.5% | -0.8% | +1.5% | -2.2% | +1.6% | -1.6% |
| Dec 20 | Keefe, Bruyette & Woods | Upgrade | Market Perform → Outperform | — | $130.33 | $130.39 | +0.0% | +1.8% | +0.4% | +0.7% | +0.8% | -0.3% |
| Dec 9 | Barclays | Maintains | Overweight → Overweight | — | $130.84 | $131.01 | +0.1% | -2.7% | +0.4% | +2.3% | +1.3% | -0.7% |
| Nov 11 | Deutsche Bank | Maintains | Hold → Hold | — | $131.93 | $132.33 | +0.3% | -1.8% | -0.5% | -1.2% | +1.0% | +0.1% |
| Oct 31 | Barclays | Maintains | Overweight → Overweight | — | $128.79 | $128.34 | -0.3% | -1.4% | -0.1% | +0.1% | +1.6% | -0.6% |
| Oct 31 | TD Cowen | Maintains | Buy → Buy | — | $128.79 | $128.34 | -0.3% | -1.4% | -0.1% | +0.1% | +1.6% | -0.6% |
| Oct 23 | JP Morgan | Maintains | Overweight → Overweight | — | $133.13 | $133.09 | -0.0% | -0.6% | +0.7% | -0.5% | -0.9% | +0.1% |
| Oct 8 | Piper Sandler | Maintains | Neutral → Neutral | — | $132.57 | $133.57 | +0.8% | +0.7% | +0.1% | -0.4% | +0.2% | +1.2% |
| Oct 7 | Raymond James | Maintains | Outperform → Outperform | — | $131.41 | $132.29 | +0.7% | +0.9% | +0.7% | +0.1% | -0.4% | +0.2% |
| Oct 7 | Barclays | Maintains | Overweight → Overweight | — | $131.41 | $132.29 | +0.7% | +0.9% | +0.7% | +0.1% | -0.4% | +0.2% |
| Oct 3 | Goldman Sachs | Maintains | Buy → Buy | — | $126.79 | $126.72 | -0.1% | -0.9% | +4.6% | +0.9% | +0.7% | +0.1% |
| Oct 3 | BofA Securities | Maintains | Buy → Buy | — | $126.79 | $126.72 | -0.1% | -0.9% | +4.6% | +0.9% | +0.7% | +0.1% |
| Sep 9 | Keefe, Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $111.81 | $112.87 | +0.9% | +1.9% | +0.1% | +0.4% | +1.7% | +1.0% |
| Aug 15 | Deutsche Bank | Maintains | Hold → Hold | — | $116.89 | $117.69 | +0.7% | -1.8% | +1.0% | +0.3% | -0.4% | +0.4% |
| Jul 26 | Keefe, Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $104.99 | $105.48 | +0.5% | +1.8% | +0.6% | +2.5% | +1.4% | -0.9% |
| Jul 26 | Barclays | Maintains | Overweight → Overweight | — | $104.99 | $105.48 | +0.5% | +1.8% | +0.6% | +2.5% | +1.4% | -0.9% |
| Date | Insider | Title | Type | Shares | Price | Value | Owned After | D1% | D5% |
|---|---|---|---|---|---|---|---|---|---|
| Jun 1, 2026 | Peterson JustinOff | Chief Technology Officer | Sell | 21,221 | $102.00 | $2.2M | 15,070 | +2.50% | +1.42% |
| May 26, 2026 | BERNS STEVENDir | — | Sell | 425 | $105.26 | $45K | 4,884 | -1.22% | +2.50% |
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Vanguard Portfolio Management Llc | 5,609,871 | $660M | New | Mar 2026 |
| 2 | Vanguard Capital Management Llc | 5,190,795 | $611M | New | Mar 2026 |
| 3 | Morgan Stanley | 3,426,836 | $369M | Added | Dec 2025 |
| 4 | Aqr Capital Management Llc | 2,896,209 | $341M | Added | Mar 2026 |
| 5 | Grantham, Mayo, Van Otterloo & Co. Llc | 2,650,663 | $312M | Added | Mar 2026 |
| 6 | Capital World Investors | 2,198,861 | $259M | Added | Mar 2026 |
| 7 | Jpmorgan Chase & Co | 2,008,818 | $235M | Added | Mar 2026 |
| 8 | Millennium Management | 1,968,423 | $232M | Added | Mar 2026 |
| 9 | Ubs Group Ag | 1,928,700 | $227M | Added | Mar 2026 |
| 10 | Cantillon Capital Management Llc | 1,934,322 | $215M | Added | Sep 2025 |
| 11 | Nordea Investment Management Ab | 1,649,034 | $194M | Added | Mar 2026 |
| 12 | Ninety One Uk Ltd | 1,590,304 | $187M | Reduced | Mar 2026 |
| 13 | Champlain Investment Partners, Llc | 1,469,486 | $173M | Added | Mar 2026 |
| 14 | Franklin Resources Inc | 1,358,032 | $160M | Reduced | Mar 2026 |
| 15 | Jupiter Asset Management Ltd | 1,133,172 | $131M | New | Mar 2026 |
| 16 | Bank Of America Corp /de/ | 824,696 | $97M | Added | Mar 2026 |
| 17 | Citadel Advisors Llc | 699,945 | $82M | Added | Mar 2026 |
| 18 | Northern Trust Corp | 670,719 | $79M | Added | Mar 2026 |
| 19 | Neuberger Berman Group Llc | 632,790 | $74M | Added | Mar 2026 |
| 20 | Fmr Llc | 547,782 | $64M | Reduced | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$21.20B
Enterprise Value
$19.43B
P/E (TTM)
26.32x
Forward P/E
24.63x
PEG Ratio
0.46x
P/B
2.95x
P/S
10.42x
P/FCF
18.97x
EV/EBITDA
13.62x
Shares Out
214.9M
Financials (TTM)
Revenue
$2.05B
Net Income
$812.8M
EBITDA
$1.43B
Free Cash Flow
$1.13B
Op Cash Flow
$1.17B
EPS Basic
$3.81
EPS Diluted
$3.78
EPS Forward
$4.04
Gross Margin
87.8%
Op Margin
40.3%
Net Margin
39.6%
Balance Sheet
Total Assets
$8.19B
Total Liab.
$1.00B
Total Equity
$7.19B
Cash
$2.08B
LT Debt
$139.2M
Book Value/Sh
$33.72
Debt/Equity
0.04x
Current Ratio
4.94
Quick Ratio
4.94
Returns & Growth
ROE
13.1%
ROA
10.5%
ROIC
9.1%
Rev Growth YoY
+18.9%
EPS Growth YoY
+61.4%
Price Returns
2W
-8.7%
1M
-11.5%
3M
-18.7%
6M
-7.9%
12M
-30.6%
Technicals
52W High
$147.49
52W Low
$94.25
50d MA
$108.78
200d MA
$111.13
RSI (14)
48.20
ATR (14)
$3.17
Beta
0.78
Avg Volume
1.8M
Dividends
Div Rate
$0.48
Div Yield
0.4%
Frequency
4
Ex-Div Date
Mar 2, 2026
Analyst Price Targets
Consensus
$130.20
High
$145.00
Low
$112.00
Median
$138.00
Data updated apr 27, 2026 6:10am
· Source: financialmodelingprep.com