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Upturn AI SWOT - About
TW 
Tradeweb Markets Inc (TW)
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Upturn Advisory Summary
10/15/2025: TW (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
16 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $134.33
1 Year Target Price $134.33
| 6 | Strong Buy |
| 5 | Buy |
| 4 | Hold |
| 1 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 5.62% | Avg. Invested days 44 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 10/15/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 23.26B USD | Price to earnings Ratio 41.12 | 1Y Target Price 134.33 |
Price to earnings Ratio 41.12 | 1Y Target Price 134.33 | ||
Volume (30-day avg) 16 | Beta 0.86 | 52 Weeks Range 101.70 - 152.38 | Updated Date 10/17/2025 |
52 Weeks Range 101.70 - 152.38 | Updated Date 10/17/2025 | ||
Dividends yield (FY) 0.41% | Basic EPS (TTM) 2.59 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 28.9% | Operating Margin (TTM) 38.91% |
Management Effectiveness
Return on Assets (TTM) 8.27% | Return on Equity (TTM) 9.8% |
Valuation
Trailing PE 41.12 | Forward PE 31.25 | Enterprise Value 21445849739 | Price to Sales(TTM) 12.04 |
Enterprise Value 21445849739 | Price to Sales(TTM) 12.04 | ||
Enterprise Value to Revenue 11.08 | Enterprise Value to EBITDA 19.82 | Shares Outstanding 116453684 | Shares Floating 116283044 |
Shares Outstanding 116453684 | Shares Floating 116283044 | ||
Percent Insiders 0.09 | Percent Institutions 105.32 |
Upturn AI SWOT
Tradeweb Markets Inc
Company Overview
History and Background
Tradeweb Markets Inc. was founded in 1996. It started as an electronic trading platform for U.S. Treasury bonds. Over time, it expanded to offer a diverse range of asset classes, including rates, credit, equities, and money markets. Tradeweb went public in May 2019.
Core Business Areas
- Rates: Offers electronic trading solutions for government bonds, interest rate swaps, and other interest rate derivatives.
- Credit: Provides electronic trading platforms for corporate bonds, municipal bonds, and credit derivatives.
- Equities: Offers electronic trading solutions for ETFs, equity derivatives, and other equity products.
- Money Markets: Provides electronic trading platforms for commercial paper, certificates of deposit, and other short-term instruments.
Leadership and Structure
Lee Olesky is the Chairman. Billy Hult is the CEO. The company has a typical corporate structure with various departments like technology, sales, marketing, and finance.
Top Products and Market Share
Key Offerings
- Government Bonds: Provides electronic trading for US Treasuries and European government bonds. Tradeweb has a significant market share in US Treasury trading. Competitors include BrokerTec (CME Group) and Bloomberg.
- Interest Rate Swaps: Offers electronic trading of interest rate swaps, a significant market for Tradeweb. Competitors include Bloomberg, Dealerweb (ICAP).
- Corporate Bonds: Provides electronic trading of corporate bonds. Tradeweb has a growing market share in this segment. Competitors include MarketAxess (MKTX).
Market Dynamics
Industry Overview
The financial technology sector is characterized by increasing electronification of trading, regulatory changes driving transparency, and growing demand for efficient trading platforms. The industry benefits from the automation of traditionally manual processes and increasing data insights available to traders.
Positioning
Tradeweb Markets Inc. is positioned as a leading electronic trading platform provider, with strong relationships with both buy-side and sell-side institutions. Its competitive advantages include its diverse product offerings, established network, and innovative technology.
Total Addressable Market (TAM)
The total addressable market for electronic trading platforms is estimated to be in the billions of dollars annually. Tradeweb is well positioned to capture a significant portion of this market through its established position and expanding product offerings.
Upturn SWOT Analysis
Strengths
- Diverse Product Offerings
- Strong Client Relationships
- Advanced Technology Platform
- Established Market Position
- High Recurring Revenue
Weaknesses
- Dependence on Financial Market Activity
- Competition from Larger Players
- Potential Cybersecurity Risks
- Integration Risks from Acquisitions
Opportunities
- Expanding into New Asset Classes
- Increasing Electronification of Trading
- Geographic Expansion
- Strategic Acquisitions
- New Regulatory Requirements that favour exchange traded products.
Threats
- Increased Competition
- Regulatory Changes
- Economic Downturn
- Technological Disruption
- Interest Rate Volatility
Competitors and Market Share
Key Competitors
- MKTX
- CME
- ICE
Competitive Landscape
Tradeweb has a strong position in rates and credit, while MarketAxess (MKTX) is a major competitor in corporate bonds. CME (CME) competes with Tradeweb in US Treasuries. ICE also provides similar services through its Fixed Income division.
Major Acquisitions
Dealerweb
- Year: 2008
- Acquisition Price (USD millions): 390
- Strategic Rationale: Expand product offerings and increase market share in the inter-dealer broker space.
Growth Trajectory and Initiatives
Historical Growth: Tradeweb has experienced significant revenue and earnings growth due to the increasing electronification of trading and its successful expansion into new asset classes. Its network effect has contributed to this.
Future Projections: Analysts project continued revenue and earnings growth for Tradeweb, driven by increased trading volumes and expansion into new markets. Growth is expected to be sustainable because of the benefits to both sell and buy side participants.
Recent Initiatives: Recent initiatives include expanding its ETF platform, enhancing its data analytics capabilities, and pursuing strategic partnerships with other financial institutions.
Summary
Tradeweb is a strong player in the electronic trading landscape, benefiting from the increasing digitization of financial markets and its diversified product offerings. It maintains strong client relationships and technological advancements. However, it faces competition from established players and needs to navigate regulatory changes and potential market downturns carefully to sustain its growth trajectory.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Analyst Reports
- Industry Publications
- Investor Presentations
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Market conditions are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Tradeweb Markets Inc
Exchange NASDAQ | Headquaters New York, NY, United States | ||
IPO Launch date 2019-04-04 | CEO & Director Mr. William E. Hult | ||
Sector Financial Services | Industry Capital Markets | Full time employees 1412 | Website https://www.tradeweb.com |
Full time employees 1412 | Website https://www.tradeweb.com | ||
Tradeweb Markets Inc., together with its subsidiaries, builds and operates electronic marketplaces worldwide. The company's marketplaces facilitate trading in a range of asset classes, including rates, credit, money markets, and equities. It offers pre-trade data and analytics, trade execution, and trade processing, as well as post-trade data, analytics, and reporting services. The company provides flexible order and trading systems to institutional investors. It also offers a range of electronic, voice, and hybrid platforms to dealers and financial institutions on electronic or hybrid markets with Dealerweb platform; and trading solutions for financial advisory firms and traders with Tradeweb Direct platform. The company serves in the institutional, wholesale, and retail client sectors. Its customers include asset managers, hedge funds, insurance companies, central banks, banks and dealers, proprietary trading firms, retail brokerage and financial advisory firms, and regional dealers. The company was founded in 1996 and is headquartered in New York, New York. Tradeweb Markets Inc. operates as a subsidiary of Refinitiv Parent Limited.
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