In a report released today, Alex Kramm from UBS maintained a Buy rating on Marketaxess Holdings, with a price target of $240.00.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Alex Kramm has given his Buy rating due to a combination of factors including Marketaxess Holdings’ recent market share gains and the potential upside in its stock valuation. The company’s initiatives in portfolio trading and client-initiated channels have positively impacted market share trends, which is a favorable sign for future performance. Despite a slight reduction in the EPS estimate for the fourth quarter of 2025, the valuation of Marketaxess Holdings is at record lows compared to the S&P 500, suggesting significant growth potential if positive trends continue.
Moreover, the company’s credit volume showed a notable year-over-year increase, driven by strong activity in US investment-grade and emerging markets. Block trading, particularly in Eurobonds and emerging markets, also demonstrated impressive growth. These factors, combined with a maintained price target of $240, underpin Kramm’s optimistic outlook on Marketaxess Holdings’ stock.