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TW · Tradeweb Markets Inc.

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$106.29 +0.76 (+0.72%) At close · Aug 14
Market Cap
$24.87B
Shares
234.03M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$106.29 Open$105.74 Day$104.43–106.70 52W close$91.50–130.55 Avg vol 30d1.6M Short int3.9M · 1.7% float · 2.2d Short vol37% Last earningsOct 29, 2026 DataJan 2020–Aug 2026 Filing10-Q · Jul 30

Up next

Next earnings call
Oct 29, 2026 Scheduled · in 11 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
      Buy
      SellHoldBuy
      Technical Buy Momentum Weak Sentiment Neutral Fundamentals Excellent Quant / Vol Moderate
      Market backdrop VIX 14.3 · calm Equity put/call 0.52
      Technical
      price trend
      Buy
      50 / 200-day cross No cross
      Price vs 200-day avg −2%
      below
      Price vs 50-day avg +6%
      above
      RSI (14) 59
      neutral
      MACD trend Positive
      52-week position 38%
      mid-range
      Volume (OBV) Confirms
      volume backs price
      Momentum
      relative strength
      Weak
      1-month return +6%
      trailing
      6-month return −10%
      trailing
      YTD return −1%
      this year
      Relative strength −24%
      vs S&P · 6-mo
      Sentiment
      smart money
      Neutral
      Trend (MA cross) No cross
      50d $100 › 200d $109 — 200d above 50d
      Institutional flow Distributing
      -5% holders QoQ · +71 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      1.67% of float · ▼ -7.8% MoM · 2.2 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      556 holders — mid 3-yr range
      Squeeze score 47
      elevated · 0–100
      Fundamentals
      Excellent
      Revenue growth +15%
      Y/Y
      EPS growth +62%
      Y/Y
      Free cash flow $1.1B
      Valuation P/E 25.4
      in line
      Buyback $334.3M
      authorized
      Balance sheet $2.1B
      net cash
      Quant / Vol
      risk profile
      Moderate
      Volatility 31%
      annualized · 1-yr
      Max drawdown −30%
      past year
      ATR 2.9%
      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 $1.1B – $1.16B
      Acquisition and Refinitiv Transaction related depreciation and a · Full-Year 2026 $160M
      Assumed non-GAAP tax rate · Full-Year 2026 Non-GAAP 23.5% – 24.5%
      LSEG Market Data Contract Revenue · Full-Year 2026 $105M
      Cash capital expenditures and capitalized software development · Full-Year 2026 $107M – $117M
      Prior guidance period ended · from the Earnings Call filed Jun 30, 2024
      Adjusted expenses · 2024 $830M – $860M
      CapEx and capitalized software development · 2024 $77M – $85M
      Acquisition and Refinitiv transaction-related D&A · 2024 $158M
      Revenues generated under the new master data agreement with LSEG · 2025 $90M
      Revenues generated under the new master data agreement with LSEG · 2024 $80M

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

      Technicals

      trend & momentum for long-term holders Buy
      0 · 5 · 2
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      −2% Neutral
      Price vs 50-day avg
      +6% Bullish
      RSI (14)
      59 Neutral
      MACD trend
      Positive Bullish
      52-week position
      38% Neutral
      Volume (OBV)
      Confirms Neutral
      Market signals — smart money & positioning
      Mixed
      Trend (MA cross) No cross
      50d $100 › 200d $109 — 200d above 50d
      Institutional flow Distributing
      -5% holders QoQ · +71 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      1.67% of float · ▼ -7.8% MoM · 2.2 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      556 holders — mid 3-yr range
      Price context
      position in its 52-week range
      Range low $92 Now $106 · 38% Range high $131
      vs 200-day avg -2% vs 50-day avg +6%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from written earnings releases 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 $3.35T 1Q26
      2026 Share Repurchase Program $500M fourth quarter

      Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

      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
      $24.87B -1.2% +15.1% 25.4 1.7%
      MS
      Morgan Stanley
      $341.38B +22.4% +5.5% 17.6 0.8%
      GS
      Goldman Sachs Group Inc
      $302.65B +18.3% +8.9% 16.0 2.1%
      SCHW
      Schwab Charles Corp
      $192.11B +11.2% +22.0% 20.2 1.2%
      HOOD
      Robinhood Markets, Inc.
      $85.92B -15.5% +51.6% 42.3 3.7%

      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
      556
      % held
      49.9%
      Net QoQ
      -131.5K sh
      Top holder
      PRICE T ROWE ASSOCIATES I…
      Held Float
      View
      Held by Funds
      Fund positions
      509
      View
      Short & Settlement
      Short Interest Falling
      Shares short
      3.9M
      Days to cover
      2.2d
      Change
      -330.9K sh
      View
      Short Volume
      Short vol %
      37%
      As of
      Aug 14, 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
      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
      10
      View
      Proposed Sales
      Value
      $330.3K
      Shares
      3.1K
      Filed
      Aug 14, 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 +3.6% +6.4% -9.9% +5.8% -1.2%
      SPY +0.4% +4.5% +13.8% +3.9% +13.9%
      vs SPY +3.2% +2.0% -23.7% +1.8% -15.0%

      Capital returns

      Latest dividend
      $0.14 / share · ex Jun 1, 2026
      Declared · upcoming
      $0.14 / share · ex Sep 1, 2026
      Raised 16.7%
      Paid (TTM)
      $0.52 / share · 4 payouts
      Dividend yield (TTM, derived)
      0.49%
      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) 535 filings 519 filers Visit website Investor relations