From what 5 stock analysts predict, the share price for MarketAxess Holdings Inc (MKTX) might increase by 2.87% in the next year. This is based on a 12-month average estimation for MKTX. Price targets go from $187 to $335. The majority of stock analysts believe MKTX is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
MarketAxess Holdings Inc has a total of 5 Wall St Analyst ratings. There are 3 buy ratings, 2 ratings, and 0 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.
These are the latest 20 analyst ratings of MKTX.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
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 |
Brian Bedell Deutsche Bank | Hold | $218 | Maintains | Aug 7, 2024 |
Kyle Voigt Keefe, Bruyette & Woods | Market Perform | $225 | 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 |
Kyle Voigt Keefe, Bruyette & Woods | Market Perform | $230 | Maintains | May 8, 2024 |
Benjamin Budish Barclays | Equal-Weight | $225 | Maintains | May 8, 2024 |
Alex Kramm UBS | Buy | $285 | Maintains | May 8, 2024 |
Patrick Moley Piper Sandler | Neutral | $237 | Maintains | Apr 12, 2024 |
Eli Abboud B of A Securities | Underperform | $199 | Initiates | Apr 10, 2024 |
When did it IPO
2004
Staff Count
864
Country
United States
Sector/Industry
Financial Services/Capital Markets
CEO
Mr. Christopher Robert Concannon
Market Cap
$10.36B
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - MarketAxess (MKTX) shows a hammer chart pattern suggesting support after recent declines. Upward revisions in earnings estimates may indicate a potential trend reversal.
Why It Matters - The hammer chart pattern signals potential price support, while rising earnings estimates suggest a possible trend reversal, indicating a favorable outlook for MarketAxess.
Summary - MarketAxess Holdings exceeded Q3 profit estimates, driven by robust bond market activity.
Why It Matters - MarketAxess beating profit estimates signals robust demand in the bond market, indicating potential growth and stability in fixed-income investments, which can attract investor interest.
Summary - MarketAxess Holdings Inc. will host its Q3 2024 Earnings Conference Call on November 6, 2024, at 10:00 AM ET, featuring key executives and analysts from major financial institutions.
Why It Matters - The upcoming Q3 earnings call for MarketAxess will provide insights into its financial performance, influencing stock valuation and investor sentiment regarding future growth.
Summary - MarketAxess Holdings Inc. reported a 20% revenue increase to $206.7 million in Q3 2024, driven by U.S. high-grade growth and Pragma revenue of $7.7 million.
Why It Matters - MarketAxess reported a 20% revenue increase in Q3 2024, signaling strong demand in fixed-income trading. This growth can enhance investor confidence and influence stock performance.
Summary - MarketAxess (MKTX) reported Q3 earnings of $1.90 per share, exceeding the Zacks estimate of $1.82 and up from $1.46 per share year-over-year.
Why It Matters - MarketAxess's earnings beat expectations and show year-over-year growth, indicating strong performance and potentially increasing investor confidence and stock value.
Summary - MarketAxess (MKTX) reported its revenue and EPS for Q3 2024, with performance metrics to be compared against Wall Street estimates and year-ago figures.
Why It Matters - MarketAxess's revenue and EPS performance relative to Wall Street estimates and year-ago figures will impact investor sentiment, affecting stock valuation and future growth expectations.