MarketAxess Holdings Inc

MarketAxess Holdings Inc Stock Forecast & Price Prediction

Live MarketAxess Holdings Inc Stock (MKTX) Price
$240.07

15

Ratings

  • Buy 4
  • Hold 10
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$240.07

P/E Ratio

32.44

Volume Traded Today

$440,669

Dividend

$0.74

52 Week High/low

297.97/192.42

MarketAxess Holdings Inc Market Cap

$9.05B

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MKTX Summary

From what 15 stock analysts predict, the share price for MarketAxess Holdings Inc (MKTX) might increase by 17.29% in the next year. This is based on a 12-month average estimation for MKTX. Price targets go from $187 to $330. The majority of stock analysts believe MKTX is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

MKTX Analyst Ratings

MarketAxess Holdings Inc has a total of 15 Wall St Analyst ratings. There are 4 buy ratings, 10 ratings, and 1 sell ratings. Since most analysts have a buy consensus rating, the expectation is that MarketAxess Holdings Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

MKTX stock forecast by analyst

These are the latest 20 analyst ratings of MKTX.

Analyst/Firm

Rating

Price Target

Change

Date

Benjamin Budish
Barclays

Equal-Weight

$260

Maintains

Dec 9, 2024
Brian Bedell
Deutsche Bank

Hold

$264

Maintains

Nov 11, 2024
Patrick Moley
Piper Sandler

Neutral

$265

Reiterates

Nov 7, 2024
Alex Kramm
UBS

Buy

$335

Maintains

Nov 7, 2024
Kyle Voigt
Keefe, Bruyette & Woods

Market Perform

$276

Maintains

Nov 7, 2024
Michael Cyprys
Morgan Stanley

Equal-Weight

$314

Maintains

Oct 17, 2024
Patrick Moley
Piper Sandler

Neutral

$265

Maintains

Oct 8, 2024
Benjamin Budish
Barclays

Equal-Weight

$268

Maintains

Oct 7, 2024
Christopher Allen
Citigroup

Buy

$325

Maintains

Oct 4, 2024
Eli Abboud
B of A Securities

Underperform

$185

Maintains

Oct 3, 2024
Alexander Blostein
Goldman Sachs

Neutral

$233

Maintains

Sep 30, 2024
Brian Bedell
Deutsche Bank

Hold

$223

Maintains

Aug 15, 2024
Kyle Voigt
Keefe, Bruyette & Woods

Market Perform

$225

Maintains

Aug 7, 2024
Brian Bedell
Deutsche Bank

Hold

$218

Maintains

Aug 7, 2024
Patrick Moley
Piper Sandler

Neutral

$225

Reiterates

Aug 6, 2024
Benjamin Budish
Barclays

Equal-Weight

$215

Maintains

Jul 10, 2024
Patrick Moley
Piper Sandler

Neutral

$225

Maintains

Jul 3, 2024
Alex Kramm
UBS

Buy

$285

Maintains

May 8, 2024
Benjamin Budish
Barclays

Equal-Weight

$225

Maintains

May 8, 2024
Kyle Voigt
Keefe, Bruyette & Woods

Market Perform

$230

Maintains

May 8, 2024

MKTX Company Information

What They Do: Operates an electronic trading platform for bonds.

Business Model: The company generates revenue by providing an electronic trading platform that facilitates bond trading for institutional investors and broker-dealers. It earns fees from executing trades, offering market data products, and providing various trading-related services, including execution and connectivity solutions.

Other Information: Incorporated in 2000 and headquartered in New York, MarketAxess specializes in a wide range of fixed-income securities, including U.S. and eurobonds, and offers a unique all-to-all anonymous trading environment. The company's services include pre-and post-trade solutions, enhancing the efficiency and compliance of bond trading for its clients.
MKTX
MarketAxess Holdings Inc (MKTX)

When did it IPO

2004

Staff Count

881

Country

United States

Sector/Industry

Financial Services/Capital Markets

CEO

Mr. Christopher Robert Concannon J.D.

Market Cap

$9.05B

MarketAxess Holdings Inc (MKTX) Financial Data

In 2023, MKTX generated $752.5M in revenue, which was a increase of 4.77% from the previous year. This can be seen as a signal that MKTX's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$689.1M

Revenue From 2021

$699.0M

1.43 %
From Previous Year

Revenue From 2022

$718.3M

2.77 %
From Previous Year

Revenue From 2023

$752.5M

4.77 %
From Previous Year
  • Revenue TTM $811.9M
  • Operating Margin TTM 42.6%
  • Gross profit TTM $545.6M
  • Return on assets TTM 11.8%
  • Return on equity TTM 21.6%
  • Profit Margin 34.3%
  • Book Value Per Share 36.75%
  • Market capitalisation $9.05B
  • Revenue for 2021 $699.0M
  • Revenue for 2022 $718.3M
  • Revenue for 2023 $752.5M
  • EPS this year (TTM) $7.40

MarketAxess Holdings Inc (MKTX) Latest News

News Image

Mon, 09 Dec 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - MarketAxess (MKTX) recently reported earnings 30 days ago; investors should monitor upcoming developments and market reactions for future stock performance.

Why It Matters - MarketAxess's recent earnings report could impact stock performance and investor sentiment, influencing trading strategies and market expectations for future growth.

News Image

Sun, 08 Dec 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - $124 trillion in inheritances will be transferred over 25 years, creating investment opportunities for younger generations. Three dividend growth companies are highlighted as strong long-term picks.

Why It Matters - The $124 trillion inheritance transfer will shift wealth to younger investors, creating new opportunities in dividend growth companies with solid business models and strong growth potential.

News Image

Thu, 05 Dec 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - MarketAxess (MKTX) is technically oversold, suggesting reduced selling pressure. Analysts are revising earnings estimates upward, indicating a potential trend reversal.

Why It Matters - MarketAxess (MKTX) being oversold suggests a possible rebound, while higher earnings estimates from analysts signal improved future performance, attracting investor interest.

News Image

Thu, 05 Dec 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - MKTX shows potential for growth due to increased commission revenues, a diversified product portfolio, and a strong financial position.

Why It Matters - MKTX's growth potential, driven by rising commission revenues and a strong financial position, suggests increasing profitability and stability, enhancing its attractiveness for investment.

News Image

Fri, 06 Dec 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - MKTX expands AI-powered pricing for municipal bonds and reports strong volume in emerging markets and Eurobonds for November.

Why It Matters - MKTXโ€™s AI-driven pricing for municipal bonds enhances efficiency and accuracy, potentially boosting trading volumes and profitability, which can positively impact stock performance and investor returns.

News Image

Thu, 05 Dec 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - MarketAxess Holdings Inc. has expanded its AI-powered pricing engine, CP+, to include municipal bonds, enhancing its offerings in the fixed-income securities market.

Why It Matters - MarketAxess expanding its AI pricing engine to municipal bonds enhances its competitive edge, potentially increasing trading volumes and revenues, which could positively influence stock performance.

...

MKTX Frequently asked questions

The highest forecasted price for MKTX is $330 from Christopher Allen at Citigroup.

The lowest forecasted price for MKTX is $187 from from

The MKTX analyst ratings consensus are 4 buy ratings, 10 hold ratings, and 1 sell ratings.