Tradeweb Markets (TW) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.02
- Estimate
- $1.01
- Surprise
- +0.5%
- Revenue (period 2026-09-30)
- $584.5M
- Score today
- 6.0/10
Revenue source: xbrl.
How the report landed
Tradeweb Markets (TW) beat the $1.01 estimate with adjusted EPS of $1.02 — a modest 0.5% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates TW Buy (Wait) at 6.0/10; no pre/post engine snapshot brackets this report.
4 of the last 4 quarters beat the estimate; this quarter's +0.5% surprise compares with a +1.9% four-quarter average.
What supports the rating
- V7 flight-to-quality bonus: +0.5 (Q=8.4 in RISK_OFF)
- Sector modifier (Financial Services): +1.0
What argues against it
- Analyst target reached - limited upside remaining
- Target reached (-3.2% upside)
- Negative risk/reward — downside exceeds upside
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $118.88
- Entry target
- $113.62
- Stop
- $108.14
At 28.4× trailing and 25.4× forward earnings, consensus estimates imply little change in earnings power.
Risk check: RSI 70 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — shown for context, not personalized investment advice.
TW at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Capital Markets
- Market cap
- $25.92B
- P/E (fwd)
- 25.4
- P/E (ttm)
- 28.4
- 52-week range
- $91.42–$127.69
- Off 52-week high
- 6.9%
- RSI (14)
- 70
- Volume vs avg
- 1.20×
- Score today
- 6.0/10