MIAX
Miami International Holdings, Inc.
$41.86
-1.86 (-4.25%)
At close · Jul 8
Market Cap
$3.97B
Shares
94,907,086
Price & Indicators
Indicators
Price
Panels
Event markers
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$41.86
Open$43.72
Day$41.85–44.07
52W$28.63–57.14
Avg vol 30d2.6M
Short int4.8M · 5.1% float · 2.2d
Short vol60%
Last earningsMay 6, 2026
DataAug 2025–Jul 2026
Filing10-Q · May 8
Equibles Rating
blended score · not investment advice
Overall
Neutral
SellHoldBuy
Technical
Neutral
Momentum
Weak
Sentiment
Neutral
Fundamentals
Excellent
Quant / Vol
High
Market backdrop
VIX 16.9 · calm
Equity put/call 0.86
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−3%
below
Price vs 50-day avg
−7%
below
RSI (14)
52
neutral
MACD trend
Positive
52-week position
46%
mid-range
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
+8%
trailing
6-month return
0%
trailing
YTD return
−6%
this year
Relative strength
−7%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $45 › 200d $43 — 50d above 200d
Institutional flow
Accumulating
4 of 202 funds reported for Jun 30 · net +297.9K sh shares · +1 new
Insider flow
Distributing
Net -$30.9M over 90 days · 100% sells
Short interest
Rising
5.09% of float · ▲ +6.7% MoM · 2.2 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
202 holders — 13F breadth
Squeeze score
70
elevated · 0–100
Fundamentals
Revenue growth
+20%
Y/Y
Gross margin
32%
expanding
EPS growth
−172%
Y/Y
Free cash flow
$145.0M
Balance sheet
$432.1M
net cash
Quant / Vol
risk profile
Volatility
43%
annualized · 1-yr
Max drawdown
−37%
past year
ATR
5.4%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Up next
Next earnings call
Aug 5, 2026
Est · unconfirmed
· in 4 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed May 8, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Guidance & track record
Latest guidance
· from the 8-K filed May 6, 2026
Adjusted operating expenses
· full year 2026
Initiated
$265M – $275M
Capital expenditures, including capitalization of internally dev
· full year 2026
Initiated
$40M – $45M
Depreciation and amortization expense
· full year 2026
Initiated
$33M – $38M
Adjusted effective tax rate post valuation allowance release
· full year 2026
Initiated
27% – 29%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Neutral
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−3%
Neutral
Price vs 50-day avg
−7%
Bearish
RSI (14)
52
Neutral
MACD trend
Positive
Bullish
52-week position
46%
Neutral
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bearish · 2 of 6
Trend (MA cross)
No cross
50d $45 › 200d $43 — 50d above 200d
Institutional flow
Accumulating
4 of 202 funds reported for Jun 30 · net +297.9K sh shares · +1 new
Insider flow
Distributing
Net -$30.9M over 90 days · 100% sells
Short interest
Rising
5.09% of float · ▲ +6.7% MoM · 2.2 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
202 holders — 13F breadth
Price context
position in its 52-week range
52-wk low $29
Now $42 · 46%
52-wk high $57
vs 200-day avg -3%
vs 50-day avg -7%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from its earnings releases, calls, and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted diluted EPS non-GAAP | $0.42 | Q1 2026 | — |
| Adjusted earnings non-GAAP | $45.3M | Q1 2026 | — |
| MIAX options exchanges market share | 17.3% | Q1 2026 | — |
|
|
|||
| equities segment net revenue | $7M | Q1 2026 call | — |
| futures segment net revenue | $5M | Q1 2026 call | — |
| international segment net revenue | $6M | Q1 2026 call | — |
| market share in multi-listed options | 17.3% | Q1 2026 call | — |
| options average daily volume | 10.9M | Q1 2026 call | — |
| options industry ADV | 63M | Q1 2026 call | — |
| options non-transaction fee growth | 45% | Q1 2026 call | — |
| options segment net revenue | $111M | Q1 2026 call | — |
| Adjusted EBITDA non-GAAP | $62.2M | Q4 2025 | — |
| Adjusted EBITDA margin non-GAAP | 50% | Q4 2025 | — |
| MIAX options exchanges average daily volume | 11.1M | Q4 2025 | — |
| Options Adjusted EBITDA non-GAAP | $82.5M | Q4 2025 | — |
Figures exactly as the company stated them · click a metric with a to chart its history · period links open the stating document · "call" marks figures stated on the earnings call, "filing" figures stated in the 10-K/10-Q · YoY needs the prior-year figure on file
Versus peers
Capital Markets — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
MIAX
this stock
Miami International Holdings, Inc.
|
$3.97B | -5.7% | — | — | 5.1% |
|
MS
Morgan Stanley
|
$343.96B | +23.5% | +5.5% | 19.8 | 1.1% |
|
GS
Goldman Sachs Group Inc
|
$303.75B | +17.8% | — | 18.8 | 2.3% |
|
SCHW
Schwab Charles Corp
|
$176.87B | +2.1% | -9.3% | 20.2 | 1.3% |
|
HOOD
Robinhood Markets, Inc.
|
$102.23B | +0.4% | +51.6% | 54.8 | 4.1% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| MIAX | +12.7% | +8.1% | +0.0% | +12.7% | -5.7% |
| SPY | -0.2% | +0.8% | +7.4% | -0.2% | +9.3% |
| vs SPY | +12.8% | +7.2% | -7.4% | +12.8% | -15.0% |