Miami International (NYSE:MIAX) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Key Points

• JPMorgan raised its price target on Miami International to $45 (from $41) but kept a "neutral" rating, while other firms pushed higher targets and the consensus rating sits at a Moderate Buy with an average target of $49.60.
• Q1 results beat expectations: EPS of $0.42 topped estimates of $0.36 and revenue of $128.6M beat estimates and rose ~40% year‑over‑year, helping the stock rally to about $49.73.
• Significant insider selling occurred recently—insiders sold 687,175 shares (roughly $29.7M) over the last 90 days, mostly disclosed under 10b5‑1 plans, which could add short‑term share supply.

Miami International (NYSE:MIAX - Get Free Report) had its price target lifted by investment analysts at JPMorgan Chase & Co. from $41.00 to $45.00 in a research note issued on Thursday,Benzinga reports. The firm currently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price target would suggest a potential downside of 9.52% from the company's previous close.

A number of other analysts have also recently issued reports on MIAX. Wall Street Zen cut Miami International from a "buy" rating to a "hold" rating in a research report on Saturday, March 28th. Rosenblatt Securities raised their price objective on Miami International from $59.00 to $61.00 and gave the company a "buy" rating in a research report on Thursday. Zacks Research raised Miami International from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 15th. Keefe, Bruyette & Woods began coverage on Miami International in a report on Wednesday, April 8th. They set a "market perform" rating and a $40.00 price target for the company. Finally, Morgan Stanley lifted their price target on Miami International from $48.00 to $50.00 and gave the stock an "overweight" rating in a report on Friday, April 10th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Miami International has an average rating of "Moderate Buy" and a consensus price target of $49.60.

Miami International Stock Performance

NYSE MIAX traded up $2.04 during trading hours on Thursday, hitting $49.73. 1,179,022 shares of the company traded hands, compared to its average volume of 1,271,682. Miami International has a twelve month low of $28.63 and a twelve month high of $51.38. The stock has a market capitalization of $4.71 billion and a price-to-earnings ratio of 92.10. The business's 50-day moving average is $41.93 and its 200-day moving average is $43.20.

Miami International (NYSE:MIAX - Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.36 by $0.06. The business had revenue of $128.59 million during the quarter, compared to analyst estimates of $122.74 million. During the same period in the previous year, the business earned $0.38 earnings per share. The business's quarterly revenue was up 40.0% on a year-over-year basis. Analysts predict that Miami International will post 1.45 EPS for the current year.

Insider Activity

In other Miami International news, EVP Douglas M. Schafer, Jr. sold 48,000 shares of the firm's stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $39.74, for a total transaction of $1,907,520.00. Following the transaction, the executive vice president owned 396,681 shares in the company, valued at $15,764,102.94. This trade represents a 10.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kurt M. Eckert sold 37,917 shares of the firm's stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $39.00, for a total value of $1,478,763.00. Following the transaction, the director owned 142,375 shares in the company, valued at approximately $5,552,625. This trade represents a 21.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 687,175 shares of company stock worth $29,675,666.

Hedge Funds Weigh In On Miami International

Several hedge funds and other institutional investors have recently modified their holdings of the business. Coastal Bridge Advisors LLC acquired a new stake in Miami International in the third quarter valued at about $3,083,000. Victory Capital Management Inc. bought a new position in shares of Miami International in the third quarter worth about $12,168,000. Pekin Hardy Strauss Inc. acquired a new stake in shares of Miami International in the 3rd quarter valued at approximately $1,033,000. Federated Hermes Inc. acquired a new stake in shares of Miami International in the 3rd quarter valued at approximately $10,065,000. Finally, Tudor Investment Corp ET AL bought a new stake in shares of Miami International during the 3rd quarter valued at approximately $1,833,000.

Key Miami International News

Here are the key news stories impacting Miami International this week:

• Positive Sentiment: Rosenblatt Securities raised its price target on MIAX to $61 and reiterated a "buy" rating, implying roughly 23.5% upside from recent levels — a near‑term catalyst supporting the share rally. Read More.
• Positive Sentiment: Q1 2026 results beat expectations: adjusted EPS topped estimates and revenue rose ~40% YoY, with adjusted EBITDA margin expanding materially — results and the company’s reaffirmed guidance underpin higher earnings expectations. Read More.
• Positive Sentiment: April trading update showed continued flow gains — MIAX reported a meaningful increase in multi‑list options ADV YTD, signaling volume-driven revenue growth potential. Read More.
• Positive Sentiment: Large institutional positions and recent accumulation by firms such as Vanguard and Invesco highlight institutional interest and add credibility to the company’s growth trajectory. Read More.
• Neutral Sentiment: Management/insider selling disclosed (CEO Thomas Gallagher, EVP Douglas Schafer Jr., Director Judson Teekell and others) — sales were executed under pre‑arranged 10b5‑1 plans, which reduces immediate corporate‑governance concern but adds short‑term supply. Read More.
• Neutral Sentiment: Additional insider disclosures: Douglas Schafer Jr. sale and director sales listed in SEC filings; monitor if selling continues outside 10b5‑1 windows. Read More.
• Neutral Sentiment: Q1 earnings call/transcripts are available for detail on margin drivers and guidance assumptions — useful for investors assessing sustainability of recent strength. Read More.
• Neutral Sentiment: Comparative reviews and coverage (e.g., MIAX vs. GLDI) are circulating; these are useful for relative‑value checks but not primary drivers of MIAX stock moves. Read More.

About Miami International

Miami International NYSE: MIAX is a U.S. exchange holding company that operates electronic trading venues and provides market infrastructure for listed options and related products. Its primary business activities include operating regulated exchanges, delivering market data feeds, and offering trading technology and connectivity services designed for professional traders, broker-dealers, and market makers. The company focuses on low-latency execution, order matching, and the operational controls required to support high-volume, automated trading strategies in listed derivatives.

Products and services provided by Miami International include fully electronic order matching engines, transmittable market data and feed products, colocation and connectivity solutions, and tools for risk management and regulatory compliance.

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