MKTX Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2026Q1

FY2026Q2

214.66M

+6.05%

1.723

-0.39%

227.48M

+9.06%

2.038

+8.96%

229.31M

+4.49%

2.062

+3.1%

Estimates Revision

The market is revising Downward the revenue expectations for MarketAxess Holdings Inc. (MKTX) for FY2025, with the revenue forecasts being adjusted by -0.44% over the past three months. During the same period, the stock price has changed by -1.76%.

Revenue Estimates for FY2025

Revise Downward

-0.44%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+0.84%

In Past 3 Month

Stock Price

Go Down

-1.76%

In Past 3 Month

8 Analyst Rating

Wall Street analysts forecast MKTX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MKTX is 197.00 USD with a low forecast of 164.00 USD and a high forecast of 240.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Buy

4 Hold

1 Sell

Hold

Current: 178.480

Low

164.00

Averages

197.00

High

240.00

Current: 178.480

Low

164.00

Averages

197.00

High

240.00

BofA

Eli Abboud

Underperform

downgrade

$176 -> $167

2025-12-10

New

Reason

BofA

Eli Abboud

Price Target

$176 -> $167

2025-12-10

New

downgrade

Underperform

Reason

BofA analyst Eli Abboud lowered the firm's price target on MarketAxess to $167 from $176 and keeps an Underperform rating on the shares. Looking ahead to 2026, the firm now favors the alternative asset managers to online brokers due to what it sees as a better valuation and positioning setup combined with a stronger macro backdrop, the analyst tells investors in a note on the brokers, asset managers and exchanges group.

William Blair

Jeff Schmitt

Outperform

maintain

2025-12-09

Reason

William Blair

Jeff Schmitt

Price Target

2025-12-09

maintain

Outperform

Reason

William Blair analyst Jeff Schmitt keeps an Outperform rating on MarketAxess after the company initiated financial targets for 2026 to 2028. MarketAxess expects to generate revenue growth of 8%-9% per year, on average, the analyst tells investors in a research note. Blair believes the company's increased share repurchase authorization will be "highly accretive" to earnings with the stock trading at the low end of its historical range. The buybacks should add about 3% to earnings growth next year, the analyst tells investors in a research note.

Morgan Stanley

Michael Cyprys

Overweight -> Equal Weight

downgrade

$247 -> $209

2025-11-20

Reason

Morgan Stanley

Michael Cyprys

Price Target

$247 -> $209

2025-11-20

downgrade

Overweight -> Equal Weight

Reason

Morgan Stanley analyst Michael Cyprys downgraded MarketAxess to Equal Weight from Overweight with a price target of $209, down from $247. The firm believes a "benign" credit outlook and strong backdrop for new issuances into 2026 will likely weigh on MarketAxess' market share. The firm sees a slower revenue and earnings growth profile for the company over the next years. In addition, MarketAxess' newer protocols and initiatives may take longer to gain traction, adds Morgan Stanley.

Keefe Bruyette

Market Perform

maintain

$194 -> $198

2025-11-10

Reason

Keefe Bruyette

Price Target

$194 -> $198

2025-11-10

maintain

Market Perform

Reason

Keefe Bruyette raised the firm's price target on MarketAxess to $198 from $194 and keeps a Market Perform rating on the shares.

Barclays

Equal Weight

maintain

$186 -> $188

2025-11-10

Reason

Barclays

Price Target

$186 -> $188

2025-11-10

maintain

Equal Weight

Reason

Barclays raised the firm's price target on MarketAxess to $188 from $186 and keeps an Equal Weight rating on the shares. The company reported a Q3 earnings beat and its Q4 "is off to a nice start," the analyst tells investors in a research note.

Piper Sandler

Neutral

downgrade

$204 -> $180

2025-10-14

Reason

Piper Sandler

Price Target

$204 -> $180

2025-10-14

downgrade

Neutral

Reason

Piper Sandler lowered the firm's price target on MarketAxess to $180 from $204 and keeps a Neutral rating on the shares. The third quarter was a mixed bag for exchange and trading companies, the firm says. Heading into Q4, Piper expects significant investor attention to the overall health of the retail trader, emerging trends in areas like tokenization and prediction markets, and the outlook for global capital markets activity into year-end.

Valuation Metrics

The current forward P/E ratio for Marketaxess Holdings Inc (MKTX.O) is 22.74, compared to its 5-year average forward P/E of 40.87. For a more detailed relative valuation and DCF analysis to assess Marketaxess Holdings Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

40.87

Current PE

22.74

Overvalued PE

55.63

Undervalued PE

26.11

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

26.10

Current EV/EBITDA

13.78

Overvalued EV/EBITDA

36.41

Undervalued EV/EBITDA

15.79

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

14.43

Current PS

7.40

Overvalued PS

20.45

Undervalued PS

8.41

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders areSelling! The selling amount has increased 697.29% over the last month.

Sold

Bought

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders areSelling! The selling amount has increased 697.29% over the last month.

Sold

Bought

MKTX News & Events

Events Timeline

No data

News

7.0

12-10NASDAQ.COM

MKTX Establishes Growth Goals for 2026-2028 and Increases Share Buyback Program

7.0

12-09NASDAQ.COM

MarketAxess Unveils New Medium-term Financial Goals

9.5

12-04Benzinga

Donaldson Reports Positive Results and Teams Up with Science Applications International, Descartes Systems, Dollar General, and Other Major Stocks Rising on Thursday

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Frequently Asked Questions

What is Marketaxess Holdings Inc (MKTX) stock price today?

The current price of MKTX is 178.48 USD — it has decreased -0.28 % in the last trading day.

What is Marketaxess Holdings Inc (MKTX)'s business?

MarketAxess Holdings Inc. operates electronic trading platforms. The Company offers end-to-end trading solutions, including the operation of electronic platforms for the trading of fixed-income and other securities and related data, analytics compliance tools, post-trade services, automated trading services and technology services. The Company provides an Open Trading marketplace which offers an all-to-all trading solution in the global credit markets, creating a liquidity pool for a range of credit market participants. It leverages its diverse set of trading protocols, automated and algorithmic trading solutions, intelligent data and index products and a range of post-trade services to provide an end-to-end trading solution to its robust network of platform participants. The Company also provides several integrated and actionable data offerings, including CP+ and Axess All, to assist clients. Its RFQ-hub platform is a bilateral multi-asset and multi-dealer request for quote platform.

What is the price predicton of MKTX Stock?

What is Marketaxess Holdings Inc (MKTX)'s revenue for the last quarter?

Marketaxess Holdings Inc revenue for the last quarter amounts to 204.87M USD, increased 1.26 % YoY.

What is Marketaxess Holdings Inc (MKTX)'s earnings per share (EPS) for the last quarter?

Marketaxess Holdings Inc. EPS for the last quarter amounts to 1.84 USD, decreased -3.16 % YoY.

What changes have occurred in the market's expectations for Marketaxess Holdings Inc (MKTX)'s fundamentals?

How many employees does Marketaxess Holdings Inc (MKTX). have?

Marketaxess Holdings Inc (MKTX) has 891 emplpoyees as of December 15 2025.

What is Marketaxess Holdings Inc (MKTX) market cap?

Today MKTX has the market capitalization of 6.65B USD.