MKTX icon

MarketAxess Holdings

221.59 USD
-0.10
0.05%
At close Apr 30, 4:00 PM EDT
After hours
221.59
+0.00
0.00%
1 day
-0.05%
5 days
0.73%
1 month
2.42%
3 months
1.75%
6 months
-24.53%
Year to date
-1.65%
1 year
10.75%
5 years
-51.30%
10 years
158.11%
 

About: Founded in 2000, MarketAxess is a leading electronic fixed-income trading platform that connects broker/dealers and institutional investors. The company is primarily focused on credit based fixed income securities with its main trading products being US investment-grade and high-yield bonds, Eurobonds, and Emerging Market corporate debt. Recently the company has expanded more aggressively into Treasuries and municipal bonds with the acquisitions of LiquidityEdge and MuniBrokers in 2019 and 2021, respectively. The company also provides pre- and post-trade services with its acquisition of Regulatory Reporting Hub from Deutsche Börse Group in 2020 adding to its product offerings.

Employees: 891

0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

25% more repeat investments, than reductions

Existing positions increased: 198 | Existing positions reduced: 159

19% more first-time investments, than exits

New positions opened: 89 | Existing positions closed: 75

4.37% more ownership

Funds ownership: 95.41% [Q3] → 99.78% (+4.37%) [Q4]

1% more funds holding

Funds holding: 500 [Q3] → 507 (+7) [Q4]

8% less capital invested

Capital invested by funds: $9.28B [Q3] → $8.5B (-$780M) [Q4]

10% less call options, than puts

Call options by funds: $28.7M | Put options by funds: $31.9M

50% less funds holding in top 10

Funds holding in top 10: 4 [Q3] → 2 (-2) [Q4]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$191
14%
downside
Avg. target
$228
3%
upside
High target
$295
33%
upside

6 analyst ratings

positive
17%
neutral
67%
negative
17%
Piper Sandler
Patrick Moley
76% 1-year accuracy
34 / 45 met price target
4%downside
$213
Neutral
Maintained
8 Apr 2025
UBS
Alex Kramm
58% 1-year accuracy
11 / 19 met price target
33%upside
$295
Buy
Maintained
7 Apr 2025
Barclays
Benjamin Budish
66% 1-year accuracy
88 / 133 met price target
5%upside
$232
Equal-Weight
Maintained
7 Apr 2025
B of A Securities
Eli Abboud
25% 1-year accuracy
1 / 4 met price target
14%downside
$191
Underperform
Maintained
2 Apr 2025
Goldman Sachs
Alexander Blostein
57% 1-year accuracy
27 / 47 met price target
5%downside
$210
Neutral
Maintained
10 Feb 2025

Financial journalist opinion

Based on 8 articles about MKTX published over the past 30 days

Negative
Zacks Investment Research
16 hours ago
Earnings Preview: MarketAxess (MKTX) Q1 Earnings Expected to Decline
MarketAxess (MKTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Earnings Preview: MarketAxess (MKTX) Q1 Earnings Expected to Decline
Positive
The Motley Fool
5 days ago
Got $5,000? 3 Top Growth Stocks to Buy That Could Double Your Money
If you want to enjoy a comfortable retirement, the best way to do this is to grow your money through investing. If you have spare cash, you can invest some of it in promising growth stocks that can generate attractive capital gains over time.
Got $5,000? 3 Top Growth Stocks to Buy That Could Double Your Money
Neutral
Seeking Alpha
1 week ago
MarketAxess: Volatility Is Good For Business
MarketAxess is poised for a 54% return by 2028, driven by market volatility, strong market position, and structural tailwinds in electronic fixed-income trading. The company benefits from increased demand for electronic trading, data, and analytics, disrupting traditional bond trading methods and enhancing efficiency and transparency. Despite recent headwinds and competitive pressures, MarketAxess' unmatched network, innovative products, and strong financial position provide a durable competitive advantage.
MarketAxess: Volatility Is Good For Business
Positive
MarketBeat
1 week ago
Morgan Stanley: 3 Financial Stocks That Will Thrive in Volatility
Citing current market conditions, Morgan Stanley NYSE: MS analysts have upgraded three financial stocks, specifically within the hedging and trading services industry: Cboe Global Markets NASDAQ: CBOE, CME Group NASDAQ: CME, and MarketAxess NASDAQ: MKTX.
Morgan Stanley: 3 Financial Stocks That Will Thrive in Volatility
Neutral
Business Wire
2 weeks ago
MarketAxess Reports Record Trading Week in U.S. Government Bonds, including $100+ Billion Record Day
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced that its Rates business reported an all-time single-day record of $102.3 billion U.S. Government Bonds notional traded on April 9. “We're thrilled to see this growth in our client business. We're seeing clients increasingly seek out firm sources of liquidity like Live Markets® to weather periods of market volatility like we exper.
MarketAxess Reports Record Trading Week in U.S. Government Bonds, including $100+ Billion Record Day
Neutral
Zacks Investment Research
3 weeks ago
MarketAxess's 1Q25 Total Average Trading Volume Jumps to $42.9B
MKTX experiences significant growth from the impact of single-dealer portfolio trades.
MarketAxess's 1Q25 Total Average Trading Volume Jumps to $42.9B
Neutral
Business Wire
3 weeks ago
MarketAxess Announces Trading Volume Statistics for March and First Quarter 2025
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced trading volume and preliminary variable transaction fees per million (“FPM”) for March 2025 and the first quarter ended March 31, 2025.1 Chris Concannon, CEO of MarketAxess, commented: “Our record trading results in March, combined with the progress we are seeing from the enhancements we have made to our portfolio trading solutio.
MarketAxess Announces Trading Volume Statistics for March and First Quarter 2025
Negative
Invezz
3 weeks ago
Top 4 S&P 500 stocks to buy Polymarket recession odds jump
The S&P 500 index has plunged this week, and there are signs that the trend will continue in the coming months. One reason for this is that the market anticipates that the US will have a recession.
Top 4 S&P 500 stocks to buy Polymarket recession odds jump
Positive
Zacks Investment Research
1 month ago
Compelling Reasons to Hold on to MarketAxess Stock Right Now
MKTX remains well-poised for growth on the back of improved trading volumes, a well-established Open Trading platform and sufficient cash generation abilities.
Compelling Reasons to Hold on to MarketAxess Stock Right Now
Positive
Zacks Investment Research
1 month ago
SCHW vs. MKTX: Which Stock Is the Better Value Option?
Investors interested in stocks from the Financial - Investment Bank sector have probably already heard of The Charles Schwab Corporation (SCHW) and MarketAxess (MKTX). But which of these two companies is the best option for those looking for undervalued stocks?
SCHW vs. MKTX: Which Stock Is the Better Value Option?
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