MarketAxess Holdings Inc.

MarketAxess Holdings Inc.

MKTXยทNASDAQ

$122.98

+0.83%
Financial ServicesFinancial - Capital Markets

MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. It offers the access to liquidity in the U.S. investment-grade bonds, U.S. high-yield bonds, and U.S. Treasuries, as well as municipal bonds, emerging market debts, Eurobonds, and other fixed income securities. The company, through its Open Trading protocols, executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds. It also offers trading-related products and services, including composite+ pricing and other market data products to assist clients with trading decisions; auto-execution and other execution services for clients requiring specialized workflow solutions; connectivity solutions that facilitate straight-through processing; and technology services to optimize trading environments. In addition, the company provides various pre-and post-trade services, such as trade matching, trade publication, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products. MarketAxess Holdings Inc. was incorporated in 2000 and is headquartered in New York, New York.

At a Glance

Live Snapshot
Market Cap$4.37B
EPS6.6600
P/E Ratio18.47
Earnings Date07/22/2026
mktx

MarketAxess Holdings Inc. Street Expectations Map

MKTX ยท NASDAQ

Wall Street analysts project that MKTX stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 192.00, with estimates ranging from a low of 170.00 to a high of 215.00.

Lowest Target
170.00
38.23%
Consensus Target
192.00
56.12%
Highest Target
215.00
74.83%

The consensus 1-year price target stands at 192.00, with estimates ranging from a low of 170.00 to a high of 215.00.

Analyst Consensus Analysis

Upside Potential

+56.1%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

23.4% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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MarketAxess Holdings Inc. Forward Estimates of Revenue

MKTX ยท NASDAQ
Latest Revenue
849.20M
FY 2025
Avg Estimate
923.03M
FY 2026
Estimate Range
895.44M - 947.77M
Analyst Spread

Forward Growth Analysis

Projected Growth+8.7%

Moderate growth expected, typical for mature businesses with stable market positions.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread6%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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MarketAxess Holdings Inc. Forward Estimates of Net Income

MKTX ยท NASDAQ
Latest Net Income
246.63M
FY 2025
Avg Estimate
301.79M
FY 2026
Estimate Range
287.27M - 329.42M
Analyst Spread

Forward Growth Analysis

Projected Growth+22.4%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread14%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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MarketAxess Holdings Inc. Forward Estimates of EPS

MKTX ยท NASDAQ
Latest EPS
6.66
FY 2025
Avg Estimate
$8.16
FY 2026
Estimate Range
$7.63 - $8.74
Analyst Spread

Forward Growth Analysis

Projected Growth+22.5%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage8 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread14%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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MarketAxess Holdings Inc. Forward Estimates of EBIT

MKTX ยท NASDAQ
Latest EBIT
368.48M
FY 2025
Avg Estimate
440.05M
FY 2026
Estimate Range
426.90M - 451.84M
Analyst Spread

Forward Growth Analysis

Projected Growth+19.4%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread6%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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MarketAxess Holdings Inc. Forward Estimates of EBITDA

MKTX ยท NASDAQ
Latest EBITDA
452.70M
FY 2025
Avg Estimate
521.62M
FY 2026
Estimate Range
506.03M - 535.60M
Analyst Spread

Forward Growth Analysis

Projected Growth+15.2%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread6%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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MarketAxess Holdings Inc. Forward Estimates of SG&A Expense

MKTX ยท NASDAQ
Latest SG&A Expense
0.00
FY 2025
Avg Estimate
129.37M
FY 2026
Estimate Range
125.51M - 132.84M
Analyst Spread

Forward Growth Analysis

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread6%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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MarketAxess Holdings Inc. Insider Positioning

MKTX ยท NASDAQ

During the last 12 months, insiders have sold $1.13M worth of MKTX shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

300

50.39K

Net Activity

-50K

-$50K

3-6 Months

Bought

0

0.00

Sold

300

51.84K

Net Activity

-52K

-$52K

6-9 Months

Bought

0

0.00

Sold

3.1K

575.41K

Net Activity

-575K

-$575K

9-12 Months

Bought

0

0.00

Sold

2.0K

449.54K

Net Activity

-450K

-$450K

Top Buyers

No buying activity

Top Sellers

1
MKM

Mcpherson Kevin M

Officer: Chief Revenue Officer

3.5K sharesโ€ข2 transactions

$726K

2
CSP

Casper Stephen P

Director

1.6K sharesโ€ข1 transactions

$299K

3
PS

Pintoff Scott

Officer: General Counsel And Secretary

600 sharesโ€ข6 transactions

$102K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $1.13M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$50K

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

3 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.