Key Highlights

● CBOE closed at $304.16 on 9 October 2026, up 3.43% on the day, after rising from $271.26 on 2 October, a gain of roughly 12% in a week.

● No consensus figure or implied upside is presented because the share price moved sharply and only one recent named broker action is available.

● Market data shows five Buy, eight Hold and one Sell rating, a Hold consensus, and the second data set also shows Hold.

● Morgan Stanley upgraded the stock to Overweight from Underweight with a $358 target on 9 October.

Cboe Global Markets, Inc. (CBOE BZX:CBOE) is part of the S&P 500 and operates options, futures, equities and foreign-exchange markets, including exchanges known for volatility products. CBOE closed at $304.16 on Friday 9 October 2026, up 3.43% on the day.

What Is the Latest Analyst Price Target?

Both data sets report similar averages, but the share price rose from $271.26 on 2 October to $304.16 on 9 October, a gain of roughly 12% in a week, and the only named recent broker action is one upgrade. For that reason no consensus figure or implied upside is presented here.

What Are Wall Street Analysts Saying?

Ratings are a more dependable guide. Market data shows 14 analysts, with five Buy, eight Hold and one Sell, a Hold consensus. The second data set, using third-party data, shows 17 analysts with one Strong Buy, two Buy, eleven Hold, one Sell and two Strong Sell, also a Hold consensus.

The only named broker action on market data's page is Morgan Stanley upgrading the stock to Overweight from Underweight with a $358 target on 9 October 2026. That is a notable shift, since it moves a previously negative view to a positive one, and it coincided with the day's share price rise. No other named broker actions were shown for the last three months, so the picture of current sentiment is thin.

What Could Help the Stock Reach the Price Target?

The Morgan Stanley upgrade is the clearest positive, and its $358 target is well above the current price. Market data says the latest quarterly results on 31 July 2026 beat earnings estimates and that revenue grew by about a quarter. Exchange operators can benefit from higher trading volumes and market volatility, so continued activity could support earnings and encourage analysts to raise forecasts.

What Could Prevent the Stock Reaching the Target?

With Hold ratings dominating, many analysts appear to see the shares as fairly valued. The rapid rise over a single week may reflect news or sentiment that could reverse, and trading volumes tend to be cyclical. Competition from other exchanges, regulatory changes and fee pressure could also weigh on results.

What Should Investors Watch Next?

Items to watch include whether other brokers publish new targets after the recent price move, and whether the Morgan Stanley upgrade is followed by others. Trading volume and volatility data in the coming weeks will also be relevant.

Cboe's Weekly Surge and Single Upgrade Leave Targets Hard to Test

Cboe closed at $304.16 on 9 October 2026, up 3.43% on the day and roughly 12% in a week, and the only named recent broker action is Morgan Stanley's upgrade to Overweight with a $358 target, a notable shift from a previously negative view. Hold ratings dominate in both data sets, which suggests many analysts see the shares as fairly valued, and the rapid rise may reflect news or sentiment that could reverse. Whether other brokers publish new targets after the move is the open question.