TW icon

Tradeweb Markets

138.30 USD
+0.92
0.67%
At close Apr 30, 4:00 PM EDT
After hours
139.63
+1.33
0.96%
1 day
0.67%
5 days
3.46%
1 month
-6.84%
3 months
8.11%
6 months
7.38%
Year to date
5.31%
1 year
35.97%
5 years
165.15%
10 years
286.20%
 

About: Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. While it does offer electronic processing for some voice-negotiated trades, the company focuses primarily on providing electronic trading networks that connect broker/dealers, institutional clients, and retail customers. While the company offers trading in a wide variety of products, the bulk of its business is in U.S. and European government debt, mortgage-backed securities, interest-rate swaps, and U.S. and international corporate bonds. The firm also sells fixed-income trading and price data, primarily through a deal with Refinitiv's Eikon service.

Employees: 1,412

0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

297% more first-time investments, than exits

New positions opened: 115 | Existing positions closed: 29

199% more call options, than puts

Call options by funds: $106M | Put options by funds: $35.4M

18% more funds holding

Funds holding: 442 [Q3] → 520 (+78) [Q4]

5% more capital invested

Capital invested by funds: $14.1B [Q3] → $14.8B (+$719M) [Q4]

8% more repeat investments, than reductions

Existing positions increased: 178 | Existing positions reduced: 165

0.5% less ownership

Funds ownership: 97.75% [Q3] → 97.25% (-0.5%) [Q4]

25% less funds holding in top 10

Funds holding in top 10: 4 [Q3] → 3 (-1) [Q4]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$145
5%
upside
Avg. target
$168
22%
upside
High target
$212
53%
upside

5 analyst ratings

positive
100%
neutral
0%
negative
0%
TD Cowen
Bill Katz
66% 1-year accuracy
21 / 32 met price target
11%upside
$153
Buy
Maintained
9 Apr 2025
Barclays
Benjamin Budish
64% 1-year accuracy
85 / 133 met price target
28%upside
$177
Overweight
Maintained
7 Apr 2025
B of A Securities
Michael Carrier
20% 1-year accuracy
2 / 10 met price target
53%upside
$212
Buy
Maintained
2 Apr 2025
Keefe, Bruyette & Woods
Kyle Voigt
63% 1-year accuracy
19 / 30 met price target
5%upside
$145
Outperform
Maintained
7 Feb 2025
UBS
Alex Kramm
61% 1-year accuracy
11 / 18 met price target
12%upside
$155
Buy
Maintained
7 Feb 2025

Financial journalist opinion

Based on 13 articles about TW published over the past 30 days

Neutral
Seeking Alpha
5 hours ago
Tradeweb Markets Inc. (TW) Q1 2025 Earnings Call Transcript
Tradeweb Markets Inc. (NASDAQ:TW ) Q1 2025 Earnings Conference Call April 30, 2025 9:30 AM ET Company Participants Sameer Murukutla - Managing Director, Investor Relations Billy Hult - Chief Executive Officer Sara Furber - Chief Financial Officer Conference Call Participants Chris Allen - Citi Dan Fannon - Jefferies Alex Blostein - Goldman Sachs Benjamin Budish - Barclays Jeff Schmidt - William Blair Ken Worthington - JPMorgan Michael Cyprys - Morgan Stanley Richard Fellinger - Autonomous Research Operator Good morning and welcome to Tradeweb's First Quarter 2025 Earnings Conference Call. As a reminder, today's call is being recorded and will be available for playback.
Tradeweb Markets Inc. (TW) Q1 2025 Earnings Call Transcript
Positive
Zacks Investment Research
5 hours ago
Tradeweb (TW) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Tradeweb (TW) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Tradeweb (TW) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Positive
Zacks Investment Research
7 hours ago
Tradeweb Markets (TW) Q1 Earnings and Revenues Top Estimates
Tradeweb Markets (TW) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.71 per share a year ago.
Tradeweb Markets (TW) Q1 Earnings and Revenues Top Estimates
Neutral
Business Wire
9 hours ago
Tradeweb Reports First Quarter 2025 Financial Results
NEW YORK--(BUSINESS WIRE)--Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported financial results for the quarter ended March 31, 2025. $509.7 million quarterly revenues, an increase of 24.7% (25.8% on a constant currency basis) compared to prior year period $2.5 trillion average daily volume (“ADV”) for the quarter, an increase of 33.7% compared to prior year period; quarterly ADV records in U.S.
Tradeweb Reports First Quarter 2025 Financial Results
Positive
Zacks Investment Research
1 day ago
Insights Into Tradeweb (TW) Q1: Wall Street Projections for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Tradeweb (TW), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.
Insights Into Tradeweb (TW) Q1: Wall Street Projections for Key Metrics
Positive
Zacks Investment Research
1 week ago
Tradeweb Markets (TW) Earnings Expected to Grow: Should You Buy?
Tradeweb (TW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Tradeweb Markets (TW) Earnings Expected to Grow: Should You Buy?
Positive
Zacks Investment Research
1 week ago
BGC or TW: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Financial - Investment Bank sector might want to consider either BGC Group (BGC) or Tradeweb Markets (TW). But which of these two companies is the best option for those looking for undervalued stocks?
BGC or TW: Which Is the Better Value Stock Right Now?
Neutral
Seeking Alpha
2 weeks ago
Tradeweb Exchange-Traded Funds Update - March 2025
Trading activity on the Tradeweb European ETF marketplace amounted to an all-time record of EUR 82 billion in March. Equities remained the most actively-traded ETF asset class, comprising 69% of overall platform flow, with "buys" mirroring "sells". In contrast, fixed income and commodity products saw net selling by two and eight percentage points, respectively. Total consolidated U.S. ETF notional value traded in March reached USD 89 billion.
Tradeweb Exchange-Traded Funds Update - March 2025
Neutral
Business Wire
3 weeks ago
Tradeweb Announces Date for First Quarter 2025 Financial Results
NEW YORK--(BUSINESS WIRE)--Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, will release financial results for the first quarter of 2025 on Wednesday, April 30, 2025, at approximately 7:00 AM EDT. In addition, Tradeweb will host a conference call for investors. WHO: Billy Hult, CEO   Sara Furber, CFO   Sameer Murukutla, Managing Director, Global Investor Relations     WHAT: A discussion of financial results.
Tradeweb Announces Date for First Quarter 2025 Financial Results
Neutral
Business Wire
3 weeks ago
Tradeweb Launches Portfolio Trading for European Government Bonds
LONDON--(BUSINESS WIRE)--Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it has introduced electronic portfolio trading for European government bonds, spanning UK Gilts, EUR and single currency notes. Tradeweb was also the first platform to launch portfolio trading for corporate bonds in 2019. Last year, the firm saw USD 698 billion in global portfolio trading notional volume across 9,134 tr.
Tradeweb Launches Portfolio Trading for European Government Bonds
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