MIAX

Miami InternationalF

NYSE / Financial Services

At close

2026-07-20

Current thesis

MIAX wins share in U.S. options and market-data distribution while monetizing low-cost matching technology; revenue and margins expand and support multiple expansion to ~12x forward EBITDA.

Posture

Defensive

Lead driver

Value

What changed

Value remains the lead driver in the composite, 7D delta +0.1.

What can break

Decline in options volumes

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $8.50 · Bull $11.00 · Bear $6.00

Data freshness

Prices

As of 2026-07-20

Fundamentals

As of 2026-07-20 • Vendor: Data Vendor v1

Scores

As of 2026-07-20 • Model: HYBRID_IC_RP

AI Memo

As of 2025-11-04 • Model: RankAlpha Sentiment AI

Investment thesis

As of 2026-07-20

Supporting evidence

What

Grade F · Defensive

Confidence Medium · Net Neutral

Target $51.40

Why

Momentum12 · Δ7d +7.0

Value40 · Δ7d +0.1

Sentiment25 · Δ7d 0.0

So what

Weak posture (Net Neutral). Prioritize risk control and patience.

Lead driver: Value · See fundamentals

Momentum

26% active weight

Current posture

7d trendImproving

Δ7d

+7.0

Δ21d

+9.3

Value

39% active weight

Current posture

7d trendFlat

Δ7d

+0.1

Δ21d

+0.1

Sentiment

34% active weight

Current posture

7d trendFlat

Δ7d

0.0

Δ21d

0.0

Why this grade

Composite grade F. Momentum 12.3 / Value 39.7 / Sentiment 24.6

Fundamentals (TTM)

As of 2026-07-20

Market Cap

$4.07B

Beta

Shares Out

96.79M

P/E (TTM) · Derived

-41.9

P/S (TTM)

P/FCF (TTM) · Derived

19.30

Rev YoY

+13.0%

EPS YoY

-678.4%

Gross Margin

+31.0%

Op Margin

Net Debt

-$512.39M

Current Ratio

2.77

As of 2026-07-20 • Updated nightlySource: Internal modelMethodology