- CME Group achieved a significant milestone with record trading activity in its battery metals complex.
- Analysts provide a mixed outlook on CME's stock with a "Hold" recommendation and an average price target suggesting potential downside.
- GF Value estimates indicate a possible overvaluation of the current stock price.
CME Group Inc. (CME) experienced a remarkable surge in trading activity within its battery metals complex on May 29, reaching an all-time high of 2,587 contracts exchanged. This new peak surpasses the previous record of 2,301 contracts set on February 11, 2025. Furthermore, open interest reached an unprecedented high with 64,387 contracts, highlighting significant investor interest.
Wall Street Analysts Forecast
Wall Street analysts have set a one-year average price target of $276.87 for CME Group Inc. (CME, Financial), based on projections from 15 analysts. These estimates range from a high of $305.00 to a low of $225.00. Given the current stock price of $289.00, the average target indicates a potential downside of 4.20%. For a comprehensive analysis, visit the CME Group Inc. (CME) Forecast page.
The consensus from 18 brokerage firms positions CME Group Inc. (CME, Financial) with an average brokerage recommendation of 2.6, suggesting a "Hold" status. This recommendation scale ranges from 1 (Strong Buy) to 5 (Sell), reflecting differing views on the stock's prospects.
According to GuruFocus' GF Value estimates, CME Group Inc. (CME, Financial) has a projected fair value of $257.93 in the coming year. This estimation indicates a potential downside of 10.75% from the current trading price of $289. The GF Value calculation incorporates historical trading multiples, past business growth, and anticipated future business performance. Investors can access more detailed insights on the CME Group Inc. (CME) Summary page.
