Tradeweb Markets
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
$146
1%
downside
Avg. target
$169
15%
upside
High target
$212
44%
upside
5 analyst ratings
5 positive
100%
0 neutral
0%
0 negative
0%
JP Morgan Kenneth Worthington 52% 1-year accuracy 16 / 31 met price target | 1%downside $146 | Overweight Maintained | 1 May 2025 |
TD Securities Bill Katz 71% 1-year accuracy 22 / 31 met price target | 8%upside $159 | Buy Maintained | 1 May 2025 |
TD Cowen Bill Katz 71% 1-year accuracy 22 / 31 met price target | 4%upside $153 | Buy Maintained | 9 Apr 2025 |
Barclays Benjamin Budish 67% 1-year accuracy 89 / 133 met price target | 20%upside $177 | Overweight Maintained | 7 Apr 2025 |
B of A Securities Michael Carrier 50% 1-year accuracy 5 / 10 met price target | 44%upside $212 | Buy Maintained | 2 Apr 2025 |
Financial journalist opinion
Based on 12 articles about TW published over the past 30 days
Positive
Seeking Alpha
1 day ago
Tradeweb Exchange-Traded Funds Update - April 2025
Trading activity on the Tradeweb European ETF marketplace amounted to an all-time record of EUR 98 billion in April, surpassing the platform's previous top performance of EUR 82 billion in March. In April, equities remained the most actively traded ETF asset class, comprising 68% of the overall platform flow. Total consolidated U.S. ETF notional value traded in April reached USD 119 billion, the platform's best-performing month on record.
Positive
Zacks Investment Research
3 days ago
BGC or TW: Which Is the Better Value Stock Right Now?
Investors interested in Financial - Investment Bank stocks are likely familiar with BGC Group (BGC) and Tradeweb Markets (TW). But which of these two companies is the best option for those looking for undervalued stocks?
Neutral
Business Wire
5 days ago
Tradeweb Reports April 2025 Total Trading Volume of $57.8 Trillion and Average Daily Volume of $2.7 Trillion
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 total trading volume for the month of April 2025 of $57.8 trillion (tn)1. Average daily volume (ADV) for the month was $2.7tn, an increase of 38.6 percent (%) year-over-year (YoY). Excluding the impact of the ICD acquisition, which closed on August 1, 2024, total ADV for the month of April was up 25.9% YoY. In April 20.
Neutral
Seeking Alpha
6 days ago
Tradeweb Markets: Betting On Market Volatility And Margins, While Leverage Risk Is Low
For my initial coverage of Tradeweb Markets, I called it a strong buy, as it presented a bullish case across 6 categories I considered. A volatile macro environment, global growth, and demand for market data should drive top-line upside while strong margins fuel the bottom line. The firm has been a proven dividend grower, and its expected operating cashflow growth and no long-term debt should be favorable to direct cash to dividend growth.
Neutral
Seeking Alpha
1 week 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.
Positive
Zacks Investment Research
1 week 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.
Positive
Zacks Investment Research
1 week 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.
Neutral
Business Wire
1 week 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.
Positive
Zacks Investment Research
1 week 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.
Positive
Zacks Investment Research
2 weeks 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.
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