$MIAX

Analysts adjusted price targets for several companies: PG&E's (PCG) target was cut to $13, Duolingo's (DUOL) doubled to $210. Deutsche Bank initiated Arista (ANET) and Cisco (CSCO) with Buy ratings, Dell (DELL) with Hold. September rate hike odds rose to 55%, impacting markets. Oil prices surged due to U.S.-Iran tensions.

Morgan Stanley downgraded Miami International Holdings (MIAX) to Equalweight, lowering its price target to $50.00 from $53.00, citing a balanced risk-reward profile. The firm expects revenue per contract to soften and margin expansion to slow. MIAX's stock trades at $42.87, below the new target and fair value estimate. The company reported strong Q2 2026 earnings, beating expectations with $0.48 EPS and $141.1M revenue. Morgan Stanley remains constructive on MIAX's long-term growth.

Gallagher Thomas P. (Chairman & CEO) sold 149,700 indirectly-held shares of MIAMI INTERNATIONAL HOLDINGS, INC. (MIAX) at $41.13 ($6.16M total) on 2026-08-19 under a Rule 10b5-1 trading plan.

Emmons Lance (EVP and CFO) sold 35,000 shares of MIAMI INTERNATIONAL HOLDINGS, INC. (MIAX) at $42.83 ($1.50M total) on 2026-08-17 under a Rule 10b5-1 trading plan.

MIAX (MIAX) reported Q2 2026 results from its earnings call. Total net revenue rose 35% year over year to $141 million, with adjusted EBITDA margin up more than 700 bps to 54% and adjusted diluted EPS of $0.48. MIAX said Bloomberg Financial Futures products launched and options volumes stayed elevated amid volatile market conditions.

TISE, a wholly owned subsidiary of Miami International Holdings (MIAX) (NYSE: MIAX), reported 442 new securities listed in H1 2026. Total listings rose 6.6% YoY to 4,861 at 30 June 2026, with total market value up 4.7% YoY to £813 billion. It also cited growth in private equity debt, high yield bonds, and securitisations.

Miami International Holdings (MIAX) reported Q2 net revenue up 35% to $141 million, with options volume rising 25% to 11 million contracts per day, and said record margins were driven by operating leverage. The article also describes insider option exercises by CEO Thomas Gallagher and others, and notes revenue per contract may cool in the second half.

Miami International Holdings (MIAX) disclosed that its technology chief sold some shares under a prearranged plan, while retaining about 387,000 shares. The article links the executive’s role to MIAX’s reported Q2 results, including net revenue up 35% to $141 million, options volume up 25% to 11 million contracts/day, and adjusted margins above 54%.

Miami International Holdings (MIAX) said on its 5 Aug Q2 call it launched Bloomberg index futures products under a 10-year Bloomberg license. Tini Bloomberg 100 futures began 19 May 2026, with Tini Bloomberg 500 futures starting 1 June and Bloomberg 500 futures 8 June. MIAX reported record Q2 net revenue of $141m, up 35% YoY. Futures net revenue was $5m, flat.

Miami International (NYSE:MIAX) reported Q2 segment net revenue of $5 million for futures and $6 million for international, up from $2 million a year earlier after the TISE acquisition. Management cautioned that Q2 RPC may not forecast the rest of the year. Full-year adjusted operating expenses were lowered to $260 million to $270 million. MIAX launched Bloomberg Financial Futures in May and is onboarding retail brokers.