BGC Group’s Strategic Advancements and Growth Potential: Buy Rating Affirmed

Analyst Eli Abboud of Bank of America Securities maintained a Buy rating on BGC Group (BGC – Research Report), retaining the price target of $15.00.

Eli Abboud has given his Buy rating due to a combination of factors that highlight the potential growth and strategic advancements of BGC Group. The recent introduction of short-tenor US Treasury futures by BGC Group’s FMX Futures Exchange marks a significant development, as these contracts account for a substantial portion of the US interest rate derivatives market. Although initial trading volumes were modest, the launch serves as a crucial step in expanding the exchange’s product offerings.
Abboud anticipates that three major milestones in the second half of 2025 will drive future growth: the initiation of block trading, the lifting of regulatory constraints on FMX’s strategic partners, and the introduction of long-tenor US Treasury futures. These developments are expected to position FMX for significant market share growth in 2026. The Buy rating is maintained due to a positive medium-term outlook for BGC’s interest rate futures and energy sectors, supported by a price objective of 15.00 USD, compared to the current price of 9.51 USD.