MKTX icon

MarketAxess Holdings

210.09 USD
+2.92
1.41%
At close Jul 30, 4:00 PM EDT
After hours
210.09
+0.00
0.00%
1 day
1.41%
5 days
-0.86%
1 month
-5.93%
3 months
-5.19%
6 months
-3.53%
Year to date
-6.75%
1 year
-6.22%
5 years
-59.33%
10 years
116.43%
 

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 7,323 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

113% more call options, than puts

Call options by funds: $40.6M | Put options by funds: $19.1M

100% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2024] → 4 (+2) [Q1 2025]

14% more repeat investments, than reductions

Existing positions increased: 199 | Existing positions reduced: 174

0% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 81

2% less funds holding

Funds holding: 510 [Q4 2024] → 501 (-9) [Q1 2025]

2.5% less ownership

Funds ownership: 99.84% [Q4 2024] → 97.35% (-2.5%) [Q1 2025]

7% less capital invested

Capital invested by funds: $8.51B [Q4 2024] → $7.94B (-$570M) [Q1 2025]

Research analyst outlook

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

Low target
$204
3%
downside
Avg. target
$241
15%
upside
High target
$274
30%
upside

5 analyst ratings

positive
40%
neutral
60%
negative
0%
Piper Sandler
Patrick Moley
3%downside
$204
Neutral
Maintained
15 Jul 2025
Morgan Stanley
Michael Cyprys
30%upside
$274
Overweight
Maintained
15 Jul 2025
Barclays
Benjamin Budish
13%upside
$237
Equal-Weight
Maintained
10 Jul 2025
Citigroup
Christopher Allen
26%upside
$265
Buy
Maintained
8 May 2025
Keefe, Bruyette & Woods
Kyle Voigt
8%upside
$226
Market Perform
Maintained
8 May 2025

Financial journalist opinion

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

Positive
Zacks Investment Research
6 hours ago
MarketAxess (MKTX) Reports Next Week: Wall Street Expects Earnings Growth
MarketAxess (MKTX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MarketAxess (MKTX) Reports Next Week: Wall Street Expects Earnings Growth
Positive
Zacks Investment Research
1 week ago
Why MarketAxess (MKTX) Could Beat Earnings Estimates Again
MarketAxess (MKTX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Why MarketAxess (MKTX) Could Beat Earnings Estimates Again
Neutral
Business Wire
1 week ago
MarketAxess to Host Conference Call Announcing Second Quarter 2025 Financial Results on Wednesday, August 6, 2025
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX) the operator of a leading electronic trading platform for fixed-income securities, will issue a press release announcing its second quarter 2025 financial results on Wednesday, August 6, 2025, before the market opens. Chris Concannon, Chief Executive Officer, and Ilene Fiszel Bieler, Chief Financial Officer, will host a conference call to provide a strategic update and discuss the Company's financial results and outlook on Wedn.
MarketAxess to Host Conference Call Announcing Second Quarter 2025 Financial Results on Wednesday, August 6, 2025
Positive
Seeking Alpha
2 weeks ago
MarketAxess Holdings: Steady Growth Appears Set To Return
MarketAxess leads in electronic bond trading, with new products like X-Pro and Open Trading driving renewed growth and market share gains. Despite increased competition and recent slower revenue growth, MKTX's innovative offerings and strong customer service position it well for future expansion. Financially robust, MKTX boasts strong free cash flow, a debt-free balance sheet, and a 15-year streak of rising dividends, supporting shareholder value.
MarketAxess Holdings: Steady Growth Appears Set To Return
Negative
Zacks Investment Research
3 weeks ago
MarketAxess Hits $1T in Credit Trades in 2Q25, But FPM Slips
MKTX tops $1T in Q2 credit trades with strong fixed-income volumes, but fees per million take a hit from mix shifts.
MarketAxess Hits $1T in Credit Trades in 2Q25, But FPM Slips
Neutral
Business Wire
3 weeks ago
MarketAxess Announces Trading Volume Statistics for June and Second 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 June 2025 and the second quarter ended June 30, 2025.1 Select Second Quarter Trading Records Total trading average daily volume (“ADV”) of $49.0 billion Total credit ADV of $16.8 billion U.S. high-grade ADV of $7.8 billion Emerging markets ADV of $4.
MarketAxess Announces Trading Volume Statistics for June and Second Quarter 2025
Positive
Seeking Alpha
4 weeks ago
Top 50 High-Quality Dividend Stocks For July 2025
I track 50 high-quality dividend growth stocks to identify opportune investments, updating valuation ratings daily to focus on attractive opportunities. In this turbulent year, my investable universe kept up with SPY and outperformed SCHD year-to-date, with a gain of 5.63% compared to 5.72% and -2.13%. This month, 18 stocks had valuation rating changes; 5 were upgrades, including Paychex with an attractive expected return.
Top 50 High-Quality Dividend Stocks For July 2025
Neutral
MarketBeat
4 weeks ago
Capitalize on Volatility: 3 Finance Stocks Thriving in 2025
Markets may hate uncertainty, but in 2025, they seem to love volatility. Despite cloudy and, at times, contradictory economic indicators, the NASDAQ and S&P 500 indices reached all-time highs to close out the second quarter.
Capitalize on Volatility: 3 Finance Stocks Thriving in 2025
Positive
Zacks Investment Research
1 month ago
MarketAxess Rolls Out E-Trading for Indian Govt Bonds to Global FPIs
MKTX launches e-trading for IGBs, easing access for global FPIs and expanding its EM footprint.
MarketAxess Rolls Out E-Trading for Indian Govt Bonds to Global FPIs
Neutral
Business Wire
1 month ago
MarketAxess Becomes First Platform to Provide Fully Electronic Workflow for the Trading of Indian Government Bonds to International Investors
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced the launch of the first fully electronic trading solution for Indian Government Bonds (IGBs) for Foreign Portfolio Investors (FPIs). International investors will, for the first time, be able to trade IGBs electronically alongside 29 other local currency bond markets already available via the MarketAxess trading platform. The new.
MarketAxess Becomes First Platform to Provide Fully Electronic Workflow for the Trading of Indian Government Bonds to International Investors
Charts implemented using Lightweight Charts™