--- title: "Weekly Recap | CME +4.03%, earnings beat expectations" type: "News" locale: "en" url: "https://longbridge.com/en/news/302950018.md" description: "CME Group (CME) rose 4.03% this week to close at $305.71, while the S&P 500 slipped 0.47%. The stock outperformed the benchmark by roughly 4.5 percentage points. It traded in a narrow band of $293 to $296 through Tuesday, dipped to the weekly low of $290.19 on Wednesday, then reversed higher. Thursday brought a gap up and the strongest single-session move of the week, and Friday touched a weekly high of $307.78 before settling at $305.71." datetime: "2026-10-24T06:07:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/302950018.md) - [en](https://longbridge.com/en/news/302950018.md) - [zh-HK](https://longbridge.com/zh-HK/news/302950018.md) generator: "portal-rs" --- # Weekly Recap | CME +4.03%, earnings beat expectations ## The Week CME Group (CME) rose 4.03% this week to close at $305.71, while the S&P 500 slipped 0.47%. The stock outperformed the benchmark by roughly 4.5 percentage points. It traded in a narrow band of $293 to $296 through Tuesday, dipped to the weekly low of $290.19 on Wednesday, then reversed higher. Thursday brought a gap up and the strongest single-session move of the week, and Friday touched a weekly high of $307.78 before settling at $305.71. The back half of the week was clearly stronger, with average daily volume of 2.63 million shares running about 52% above the recent median. ## Key Events The week was anchored by record third-quarter results and expansion of the crypto product line. On Monday, CME announced plans to launch tungsten futures to meet demand from critical minerals trading, and set a target of late 2026 for European dairy futures and options. Tuesday marked the launch of Bitcoin Cash and Uniswap futures, with the Uniswap contract available for round-the-clock trading. On Wednesday, the company reported fiscal Q3 2026 revenue of $1.737 billion, a record high, with adjusted earnings per share of $2.89, up 13% from a year earlier. Revenue grew at a double-digit pace and beat analyst estimates, and management noted that activity accelerated in October. On Thursday, CEO Terrence Duffy said the firm had shelved plans for 24⁄7 oil futures because clients were reluctant to add weekend trading desks. The lawsuit with the CFTC over crypto perpetual futures also remained unresolved through the week. ## Analyst Ratings Of the 18 firms covering CME, 4 rate it buy, 5 rate it overweight, 6 rate it hold, 1 rates it underweight, 1 rates it sell, and 1 has no opinion. The consensus recommendation is buy, with a consensus target of $316, about 3.37% above the current price. The target range is wide, from a low of $227 to a high of $367, with the disagreement concentrated at the top end. The stock ranks 8th among 26 companies in the financial exchanges and data industry. This week JPMorgan upgraded CME to overweight from underweight, while KBW maintained its buy rating and RBC Capital reaffirmed its hold rating. ## The Week Ahead On the corporate calendar, the next earnings event is the fiscal Q4 2026 release on 10 February 2027, before the market opens, with consensus estimates at $2.85 in EPS and $1.762 billion in revenue. On the macro side, the week starting 26 October brings the Dallas Fed manufacturing index, durable goods orders, FHFA home prices, the Case-Shiller home price index, the Richmond Fed composite index, and consumer confidence. The main question is whether those data points reinforce management’s comment about accelerating October activity. ## In Short CME outperformed this week on the back of better-than-expected earnings and expanding crypto offerings, with the strongest momentum coming in the final two sessions. The sell-side still carries a consensus buy rating and a target modestly above spot, but the nearly $140 gap between the low and high targets shows that dispersion has not narrowed. At about 25x earnings, 4.1x book, and a 3.7% dividend yield, valuation is not pushing the stock clearly in either direction. Whether the advance holds will depend on derivatives volume staying elevated, how quickly the new crypto contracts ramp up, and the path of the regulatory dispute. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [CME.US](https://longbridge.com/en/quote/CME.US.md) ## Related News & Research - [CME Group 3Q Profit, Revenue Rise on Higher Derivatives Volume](https://longbridge.com/en/news/302560024.md) - [Uniswap’s retail demand returns after 2 weeks of losses: Can UNI defend $6.80?](https://longbridge.com/en/news/301735342.md) - [‘The Worst May Not Be Over,’ Says Investor About Rocket Lab Stock](https://longbridge.com/en/news/304905914.md) - [House Democratic leader says lawmakers needs answers on Nvidia, wants China chip restrictions](https://longbridge.com/en/news/304905260.md) - [Visa (V) Just Gave Investors Something To Think About](https://longbridge.com/en/news/304838789.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**