Companies /Financial Services

Tradeweb Markets Inc Cls A

NASDAQ: TW Capital Markets
$120.48
▲ $0.66 (+0.55%) today
Markets open · 11:01am ET

24/7 Wall St. View

TW at a Glance

Valuation
Market cap
$25.9B
P/E ratio
28.6
Dividend yield
0.42%
Profitability
Revenue (TTM)
$2.2B
Profit margin
40.7%
EPS (TTM)
$4.18
Price
52-week range
$91 – $127
24/7 target
$137.45
Street target
$128.47
Earnings
Next report
Oct 29, 2026
Q3 2026 EPS
$1.02
vs. $1.01 est.
+0.9%

Headquartered in New York, NY Fiscal year ends December NASDAQ: TW tradeweb.com

About Tradeweb Markets

Tradeweb Markets Inc. (Nasdaq: TW) operates global electronic marketplaces for rates, credit, equities and money markets. Founded in 1996, it provides market access, data and analytics, electronic trading, straight-through processing and reporting for more than 50 products. Its clients span institutional, wholesale, retail and corporate markets, numbering more than 3,000 in over 85 countries. The company averaged more than $3.0 trillion in notional value traded per day over the past four quarters.

Revenue comes mainly from variable transaction fees and commissions, supplemented by fixed subscription fees and market data licensing, including a license agreement with LSEG. Key trading protocols and tools include:
- RFQ
- Portfolio Trading
- Tradeweb AllTrade
- Tradeweb AiEX automated execution
- Tradeweb Ai-Price automated bond pricing
- the Tradeweb ICD Portal for corporate cash management

In frontier markets, the company is active in digital assets. It acts as a Super Validator on the Canton Network and has completed tokenized U.S. Treasury transactions. In October 2026, Tradeweb agreed to acquire Trumid, an electronic credit trading marketplace, for about $1.97 billion, with closing targeted for the first half of 2027. Updated

Revenue by Segment · Q3 2026
  1. Rates56%
  2. Credit23%
  3. Money Markets8%
  4. Equities7%
  5. Market Data6%
  6. Other1%

Latest Activity

TWTradeweb Markets
Q3 2026
EPS
$1.02
est $1.01+0.9%
Revenue
$585M
est $583M+0.3%

Average daily volume hit $3.2 trillion, carrying both lines past expectations for a sixth straight quarter at Tradeweb. Management also tightened full-year adjusted expense guidance toward the middle of its range while the Trumid deal waits on a first-half 2027 close.

Quarterly EPS — reported vs estimate

TW Coverage

Frequently Asked Questions

What does Tradeweb Markets do?

Tradeweb Markets Inc. (Nasdaq: TW) operates global electronic marketplaces for rates, credit, equities and money markets. Founded in 1996, it provides market access, data and analytics, electronic trading, straight-through processing and reporting for more than 50 products.

What is the TW stock price target?

24/7 Wall St.'s 12-month price target for TW is $137.45, rated Buy. The Wall Street consensus target is $128.47. TW price prediction →