Keefe, Bruyette & Woods Forecasts Strong Price Appreciation for Miami International (NYSE:MIAX) Stock

Miami International (NYSE:MIAX) had its price target lifted by research analysts at Keefe, Bruyette & Woods from $46.00 to $48.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ price target points to a potential upside of 5.77% from the stock’s previous close.

Several other equities research analysts have also recently issued reports on the stock. Wall Street Zen cut shares of Miami International from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Rosenblatt Securities increased their target price on shares of Miami International from $61.00 to $62.00 and gave the company a “buy” rating in a research report on Thursday. Morgan Stanley raised their price target on shares of Miami International from $50.00 to $53.00 and gave the stock an “overweight” rating in a research note on Friday, July 10th. Weiss Ratings upgraded shares of Miami International from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Finally, Zacks Research cut shares of Miami International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Four equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $52.00.

Miami International Price Performance

NYSE MIAX opened at $45.38 on Friday. The stock’s 50 day simple moving average is $41.61 and its 200-day simple moving average is $42.93. The company has a market cap of $4.31 billion and a PE ratio of 58.94. Miami International has a 1-year low of $28.63 and a 1-year high of $57.14.

Miami International (NYSE:MIAX) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.41 by $0.07. Miami International had a return on equity of 17.98% and a net margin of 9.70%.The firm had revenue of $387.63 million during the quarter. During the same quarter in the previous year, the firm posted $0.48 earnings per share. The firm’s revenue for the quarter was up 34.8% compared to the same quarter last year. On average, equities research analysts anticipate that Miami International will post 1.59 EPS for the current fiscal year.

Insiders Place Their Bets

In other Miami International news, CEO Thomas P. Gallagher sold 70,000 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $42.36, for a total transaction of $2,965,200.00. Following the completion of the sale, the chief executive officer owned 1,723,275 shares of the company’s stock, valued at $72,997,929. This trade represents a 3.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Douglas M. Schafer, Jr. sold 48,000 shares of Miami International stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $42.84, for a total value of $2,056,320.00. Following the completion of the sale, the executive vice president owned 396,681 shares in the company, valued at $16,993,814.04. This represents a 10.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 682,508 shares of company stock valued at $29,673,638. 15.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. T. Rowe Price Investment Management Inc. increased its position in shares of Miami International by 24.5% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,025,712 shares of the company’s stock valued at $134,282,000 after acquiring an additional 595,096 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Miami International by 39.5% in the 4th quarter. Vanguard Group Inc. now owns 1,928,286 shares of the company’s stock worth $85,577,000 after acquiring an additional 545,770 shares during the last quarter. Horizon Kinetics Asset Management LLC boosted its position in shares of Miami International by 31.6% during the 4th quarter. Horizon Kinetics Asset Management LLC now owns 1,819,798 shares of the company’s stock worth $80,763,000 after purchasing an additional 437,395 shares during the period. Alyeska Investment Group L.P. increased its holdings in Miami International by 1.6% in the 4th quarter. Alyeska Investment Group L.P. now owns 1,286,086 shares of the company’s stock valued at $57,076,000 after purchasing an additional 20,350 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in Miami International by 178.8% in the 4th quarter. Invesco Ltd. now owns 1,278,966 shares of the company’s stock valued at $56,761,000 after purchasing an additional 820,246 shares during the last quarter.

More Miami International News

Here are the key news stories impacting Miami International this week:

• Positive Sentiment: MIAX reported record second-quarter net revenue of $141.1 million, up 35% year over year. Adjusted diluted EPS of $0.48 exceeded the $0.41 consensus estimate, while adjusted EBITDA climbed 57% to $77 million and the margin expanded to 54%. Miami International Holdings Reports Second Quarter 2026 Results
• Positive Sentiment: July trading data showed multi-list options average daily volume up 26.3% year to date, supporting expectations for continued transaction-based revenue growth. July 2026 Trading Results
• Positive Sentiment: Rosenblatt Securities raised its MIAX price target to $62 from $61 and maintained a “buy” rating. An analyst upgrade also argued that the company’s growth shows no sign of slowing. Rosenblatt Securities price-target update Growth Upgrade
• Neutral Sentiment: Analyst opinion remains mixed despite the target increase: four analysts rate MIAX a Buy and five rate it Hold, with an average target of $52. The stock’s elevated valuation, including a price-to-earnings ratio near 59, could limit upside if growth moderates.
• Negative Sentiment: Executives and directors disclosed sales totaling approximately 127,500 shares worth $5.8 million, including sales by four executive vice presidents and two directors. The transactions were conducted under pre-arranged Rule 10b5-1 plans, and insiders retain substantial holdings, reducing—but not eliminating—the negative signal. MIAX Insider Selling

About Miami International

Miami International (NYSE:MIAX) is a U.S. exchange holding company that operates electronic trading venues and provides market infrastructure for listed options and related products. Its primary business activities include operating regulated exchanges, delivering market data feeds, and offering trading technology and connectivity services designed for professional traders, broker-dealers, and market makers. The company focuses on low-latency execution, order matching, and the operational controls required to support high-volume, automated trading strategies in listed derivatives.

Products and services provided by Miami International include fully electronic order matching engines, transmittable market data and feed products, colocation and connectivity solutions, and tools for risk management and regulatory compliance.