Want to see MKTX full AI Analyst Report?
MKTX Stock Chart & Stats
$116.69
$1.54(1.32%)
At close: 4:00 PM EDT
$116.69
$1.54(1.32%)
Day’s Range― - ―
52-Week Range$108.75 - $210.05
Previous CloseN/A
Volume140.65K
Average Volume (3M)634.93K
Market Cap
$5.73B
Enterprise Value$3.90K
Total Cash (Recent Filing)$440.37M
Total Debt (Recent Filing)$291.96M
Price to Earnings (P/E)19.1
Beta-0.03
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield1.9%
Share Statistics
EPS (TTM)N/A
Shares Outstanding35,192,890
10 Day Avg. Volume427,931
30 Day Avg. Volume634,935
Financial Highlights & Ratios
PEG Ratio-3.15
Price to Book (P/B)5.82
Price to Sales (P/S)7.86
P/FCF Ratio17.84
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$144.63Price Target Upside23.94% Upside
Rating ConsensusHold
Number of Analyst Covering9
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
High Profitability & MarginsMarketAxess sustains very high gross and net margins, reflecting a scalable, low-capital software-enabled trading model. Durable margins support reinvestment in products, capital returns and resilience through volume cycles, underpinning long-term cash generation and shareholder returns.
Proprietary Data & AI MoatA large proprietary dataset and expanding AI products (CP+, Dealer Select, depth analytics) create stickiness and better execution for clients. This drives differentiated analytics, protocol selection advantages and long-term product monetization through subscription and execution uplifts.
International / EM Growth & Product AdoptionStrong emerging markets and international revenue growth diversifies the business beyond U.S. credit cycles. Expanding client counts, rising block and portfolio trading volumes and automation adoption indicate durable market-share expansion and a broader addressable recurring revenue base.
Bears Say
Declining & Volatile Free Cash FlowA 27% TTM free cash flow decline and variable cash conversion reduce financial flexibility. Volatility in operating cash versus net income limits consistent buybacks/dividend expansion and makes the company more sensitive to trading volume swings and episodic expenses.
Fee Compression & Mix RiskShifts toward lower-fee local EM trading and protocol/mix changes have reduced fee capture. Structural mix pressures can persist as product adoption (e.g., local currency venues) grows, constraining revenue per volume and limiting margin expansion despite rising overall volumes.
U.S. Market-Share & Adoption Execution RiskManagement flags continued U.S. credit share pressure while new protocols (closing auction, DirectBooks) are early-stage. Restoring core share depends on sustained client adoption and competitive responses, creating execution risk and a multi-quarter timeline to regain footprint.
Marketaxess Holdings News
MKTX FAQ
What was Marketaxess’s price range in the past 12 months?
Marketaxess lowest stock price was $108.75 and its highest was $210.05 in the past 12 months.
What is Marketaxess’s market cap?
Marketaxess’s market cap is $5.73B.
When is Marketaxess’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Marketaxess’s earnings last quarter?
Currently, no data Available
Is Marketaxess overvalued?
According to Wall Street analysts Marketaxess’s price is currently Undervalued.
Does Marketaxess pay dividends?
Marketaxess pays a Quarterly dividend of $0.78 which represents an annual dividend yield of 1.9%. See more information on Marketaxess dividends here
What is Marketaxess’s EPS estimate?
Marketaxess’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Marketaxess have?
Marketaxess has 35,192,890 shares outstanding.
What happened to Marketaxess’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Marketaxess?
Currently, no hedge funds are holding shares in MKTX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Marketaxess Holdings Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$144.63 (23.94% Upside)
$144.63 (23.94% Upside)
Blogger Sentiment
Bullish
MKTX Sentiment 67%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 123.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $37.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 0.6%
Last 30 Days ▼ 0.6%
News Sentiment
Very Bullish
Bullish news 88%
Bearish news 12%
Bearish news 12%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-44.39%
12-Months-Change
Fundamentals
Return on Equity
1.90%
Trailing 12-Months
Asset Growth
22.65%
Trailing 12-Months
Company Description
Marketaxess
MarketAxess Holdings Inc. develops and operates a premier electronic trading platform, serving institutional investors and broker-dealers globally. This platform provides essential access to deep liquidity across a broad spectrum of fixed-income assets, including U.S. investment-grade and high-yield corporate bonds, U.S. Treasuries, municipal bonds, emerging market debt, and Eurobonds, among other debt securities. Through its innovative Open Trading protocols, the company facilitates anonymous, "all-to-all" corporate bond transactions between its diverse client base. Beyond its core trading capabilities, MarketAxess offers a comprehensive array of value-added products and services. These include Composite+ pricing and other sophisticated market data tools designed to inform trading strategies, as well as auto-execution and custom workflow solutions. The company also provides robust connectivity to ensure straight-through processing and specialized technology services aimed at optimizing trading environments. Additionally, MarketAxess delivers vital pre- and post-trade support, covering trade matching, publication, regulatory reporting, and extensive market and reference data for a wide range of financial instruments. Founded in 2000, MarketAxess Holdings Inc. maintains its headquarters in New York, New York.
MKTX Company Deck
MKTX Earnings Call
Q1 2026
0:00 / 0:00
MKTX Stock 12 Month Forecast
Average Price Target
$144.63
▲(23.94% Upside)
Technical Analysis
Ownership Overview
0.92% Insiders
35.73% Mutual Funds
1.46% Other Institutional Investors
36.12% Public Companies and
Individual Investors