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TW · Tradeweb Markets Inc.

$102.32 +1.84 (+1.83%) At close · Aug 5
Market Cap
$23.95B
Shares
234.03M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$102.32 Open$101.92 Day$100.68–103.08 52W$91.42–140.45 Avg vol 30d1.9M Short int4.2M · 1.8% float · 2.6d Short vol32% Last earningsOct 29, 2026 DataJan 2020–Aug 2026 Filing10-Q · Jul 30

Up next

Next earnings call
Oct 29, 2026 Scheduled · in 12 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed Jul 30, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Neutral
      SellHoldBuy
      Technical Neutral Momentum Weak Sentiment Bearish Fundamentals Excellent Quant / Vol Moderate
      Market backdrop VIX 15.8 · calm Equity put/call 0.46
      Technical
      price trend
      Neutral
      50 / 200-day cross No cross
      Price vs 200-day avg −6%
      below
      Price vs 50-day avg +2%
      above
      RSI (14) 53
      neutral
      MACD trend Positive
      52-week position 22%
      mid-range
      Volume (OBV) Confirms
      volume backs price
      Momentum
      relative strength
      Weak
      1-month return +2%
      trailing
      6-month return −11%
      trailing
      YTD return −5%
      this year
      Relative strength −22%
      vs S&P · 6-mo
      Sentiment
      smart money
      Bearish
      Trend (MA cross) No cross
      50d $100 › 200d $109 — 200d above 50d
      Institutional flow Distributing
      224 of 583 funds reported for Jun 30 · net -2.2M sh shares · +18 new
      Insider flow Distributing
      Net -$2.2M over 90 days · 100% sells
      Short interest Rising
      1.81% of float · ▲ +16.0% MoM · 2.6 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      583 holders — near 3-yr high, broad support
      Squeeze score 52
      elevated · 0–100
      Fundamentals
      Excellent
      Revenue growth +15%
      Y/Y
      EPS growth +62%
      Y/Y
      Free cash flow $1.1B
      Valuation P/E 24.4
      in line
      Buyback $334.3M
      authorized
      Balance sheet $2.1B
      net cash
      Quant / Vol
      risk profile
      Moderate
      Volatility 31%
      annualized · 1-yr
      Max drawdown −35%
      past year
      ATR 3.7%
      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.

      Guidance & track record

      Latest guidance · from the 8-K filed Jul 30, 2026
      Adjusted Expenses · Full-Year 2026 Non-GAAP Initiated $1.1B – $1.16B
      Acquisition and Refinitiv Transaction related depreciation and a · Full-Year 2026 Initiated $160M
      Assumed non-GAAP tax rate · Full-Year 2026 Non-GAAP Maintained 23.5% – 24.5%
      Cash capital expenditures and capitalized software development · Full-Year 2026 Maintained $107M – $117M
      LSEG Market Data Contract Revenue · Full-Year 2026 Maintained $105M

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Neutral
      1 · 4 · 2
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      −6% Bearish
      Price vs 50-day avg
      +2% Bullish
      RSI (14)
      53 Neutral
      MACD trend
      Positive Bullish
      52-week position
      22% Neutral
      Volume (OBV)
      Confirms Neutral
      Market signals — smart money & positioning
      Bearish · 3 of 6
      Trend (MA cross) No cross
      50d $100 › 200d $109 — 200d above 50d
      Institutional flow Distributing
      224 of 583 funds reported for Jun 30 · net -2.2M sh shares · +18 new
      Insider flow Distributing
      Net -$2.2M over 90 days · 100% sells
      Short interest Rising
      1.81% of float · ▲ +16.0% MoM · 2.6 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      583 holders — near 3-yr high, broad support
      Price context
      position in its 52-week range
      52-wk low $91 Now $102 · 22% 52-wk high $140
      vs 200-day avg -6% vs 50-day avg +2%

      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 $0.97 2Q26
      Adjusted net income non-GAAP $228.1M 2Q26
      Average daily volume $3,348B 1Q26
      2026 Share Repurchase Program $500M fourth quarter

      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
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      TW
      Tradeweb Markets Inc.
      this stock
      $23.95B -4.6% +15.1% 24.4 1.8%
      MS
      Morgan Stanley
      $342.81B +25.0% +5.5% 17.7 1.1%
      GS
      Goldman Sachs Group Inc
      $308.75B +21.8% +8.9% 16.4 2.2%
      SCHW
      Schwab Charles Corp
      $187.86B +8.9% -9.3% 21.5 1.3%
      HOOD
      Robinhood Markets, Inc.
      $83.43B -17.9% +51.6% 41.1 4.2%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Reducing
      Holders
      567
      % held
      46.6%
      Reported
      224 of 583
      Top holder
      PRICE T ROWE ASSOCIATES I…
      Held Float
      View
      Held by Funds
      Fund positions
      482
      View
      Short & Settlement
      Short Interest Rising
      Shares short
      4.2M
      Days to cover
      2.6d
      Change
      +585.3K sh
      View
      Short Volume
      Short vol %
      32%
      As of
      Aug 5, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      14
      Value
      $1.3K
      As of
      Jun 25, 2026
      View
      Off-Exchange
      Off-exchange %
      39.2%
      Week of
      Jul 6, 2026
      Off-exch Lit
      View
      Smart Money
      Insider Trades Net selling
      Net (90d)
      -$2.2M
      Buyers / Sellers
      0 / 2
      Buyers Sellers
      View
      Congressional Trades Buy
      Member
      Byron Donalds
      Amount
      $1.0K–$15.0K
      Traded
      Oct 9, 2025
      View
      Financials
      Financials
      Revenue (FY)
      $2.1B
      Net income (FY)
      $812.8M
      EPS diluted
      $3.78
      View
      Buybacks
      Authorized
      $334.3M
      Remaining
      $0
      Spent Remaining
      View
      Filings
      SEC Filings
      Latest
      8-K
      Filed
      Jul 30, 2026
      This year
      9
      View
      Proposed Sales
      Value
      $2.1M
      Shares
      21.2K
      Filed
      Jun 1, 2026
      View
      Earnings & Events
      Earnings Calls Upcoming
      Next call
      Oct 29, 2026
      Last call
      Jul 30, 2026
      View
      Investor Relations
      Upcoming events
      1
      View

      Performance

      5D 20D 120D MTD YTD
      TW -5.4% +2.5% -10.8% +1.8% -4.6%
      SPY +5.5% +3.3% +11.3% +3.1% +12.9%
      vs SPY -11.0% -0.8% -22.1% -1.2% -17.5%

      Capital returns

      Latest dividend
      $0.14 / share · ex Jun 1, 2026
      Raised 16.7%
      Paid (TTM)
      $0.52 / share · 4 payouts
      Dividend yield (TTM, derived)
      0.51%
      Buyback program · as of Jun 30, 2026
      Authorized
      $334.30M
      Spent (derived)
      $334.30M
      Remaining
      $0
      Spent Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 1758730 CUSIP 892672106 13F (30d) 191 filings 188 filers Visit website Investor relations