MarketAxess (NASDAQ:MKTX) Stock Rating Upgraded by Wall Street Zen

by · The Cerbat Gem

MarketAxess (NASDAQ:MKTX – Get Free Report) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

A number of other brokerages also recently commented on MKTX. UBS Group lowered their price target on shares of MarketAxess from $240.00 to $225.00 and set a “buy” rating for the company in a report on Friday, January 9th. Piper Sandler cut their target price on MarketAxess from $180.00 to $175.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 14th. Loop Capital set a $164.00 price target on MarketAxess in a report on Tuesday, October 14th. Argus dropped their price objective on shares of MarketAxess from $212.00 to $205.00 and set a “buy” rating for the company in a research note on Wednesday, December 17th. Finally, Zacks Research raised shares of MarketAxess from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 18th. Four analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $201.64.

View Our Latest Report on MarketAxess

MarketAxess Stock Performance

NASDAQ:MKTX opened at $162.33 on Friday. The company has a market cap of $6.03 billion, a price-to-earnings ratio of 24.37, a PEG ratio of 4.10 and a beta of 0.97. MarketAxess has a 1 year low of $156.17 and a 1 year high of $232.84. The stock’s 50 day simple moving average is $173.39 and its two-hundred day simple moving average is $177.09. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.42 and a quick ratio of 2.60.

MarketAxess (NASDAQ:MKTX – Get Free Report) last posted its earnings results on Friday, February 6th. The financial services provider reported $1.68 earnings per share for the quarter, missing analysts’ consensus estimates of $1.72 by ($0.04). MarketAxess had a net margin of 29.14% and a return on equity of 20.88%. The business had revenue of $209.41 million during the quarter, compared to analysts’ expectations of $214.06 million. During the same period last year, the business posted $1.73 earnings per share. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. As a group, equities analysts anticipate that MarketAxess will post 7.79 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. MUFG Securities EMEA plc bought a new stake in MarketAxess during the 2nd quarter valued at $25,000. Geneos Wealth Management Inc. grew its position in shares of MarketAxess by 200.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 120 shares of the financial services provider’s stock worth $26,000 after buying an additional 80 shares in the last quarter. Activest Wealth Management purchased a new position in shares of MarketAxess during the fourth quarter valued at $28,000. True Wealth Design LLC increased its stake in shares of MarketAxess by 992.9% during the second quarter. True Wealth Design LLC now owns 153 shares of the financial services provider’s stock valued at $34,000 after buying an additional 139 shares during the period. Finally, Pilgrim Partners Asia Pte Ltd bought a new stake in shares of MarketAxess in the third quarter valued at about $38,000. Institutional investors own 99.01% of the company’s stock.

Trending Headlines about MarketAxess

Here are the key news stories impacting MarketAxess this week:

  • Positive Sentiment: Strong January trading volumes — MarketAxess reported double-digit ADV growth in January, with credit ADV up 28% year-over-year (emerging markets credit ADV +50%) and rates growth, signaling continued demand for its electronic fixed-income platform. This supports fee momentum going forward. Read More.
  • Positive Sentiment: Liquidity and shareholder return action — the company amended and restated its credit facility and declared a dividend, improving balance sheet flexibility and returning capital to shareholders. That reduces financing risk and is typically supportive of the equity. Read More.
  • Neutral Sentiment: Company release and materials available — MarketAxess filed its Q4 & full-year 2025 results with slides and a conference call; these provide management detail on new initiatives and FX impacts but contained no major guidance change. Investors should review the slide deck and call for color. Read More.
  • Neutral Sentiment: Earnings call transcript — the full Q4 2025 call transcript is available for investors who want management commentary on product progress and cost or margin drivers; useful for judging forward revenue mix. Read More.
  • Neutral Sentiment: Analyst recaps vary — some outlets (Zacks) note pockets of beats vs certain estimates while others highlight misses; takeaways depend on which consensus you reference. Expect analyst revisions as they digest details. Read More.
  • Negative Sentiment: Q4 headline results were mixed-to-disappointing versus consensus — revenue of $209.4M (+3.5% YoY) and EPS of $1.68 missed the commonly cited Street revenue and EPS figures (revenue ~ $214M; EPS variability across outlets). EPS also declined from $1.73 a year ago, which, combined with the revenue miss, pressured the stock. Read More.

MarketAxess Company Profile

(Get Free Report)

MarketAxess Holdings Inc operates a leading global electronic trading platform specializing in fixed-income securities and related products. The company’s network enables institutional investors and broker-dealers to trade corporate bonds, municipal securities, emerging markets debt, U.S. Treasuries and credit default swaps in an automated, multi-dealer environment. MarketAxess also offers portfolio trading, data analytics, best-execution tools and post-trade services to streamline workflows and enhance price discovery across its marketplace.

In addition to core voice-like trading protocols, MarketAxess provides Open Trading®, an anonymous, all-to-all trading protocol designed to improve liquidity and transaction efficiency.

Further Reading