MarketAxess Holdings

MKTX

Market cap $6.83B

NEW YORK--(BUSINESS WIRE)--MarketAxess Appoints William Quan as Chief Technology Officer.

NEW YORK--(BUSINESS WIRE)---- $MKTX #electronictrading--MarketAxess and DirectBooks announce an agreement to provide mutual clients with streamlined access to primary issuance information and workflow tools.

Investors interested in Financial - Investment Bank stocks are likely familiar with Nomura Holdings (NMR) and MarketAxess (MKTX). But which of these two stocks presents investors with the better value opportunity right now?

MarketAxess is rated 'Buy' with ~33.5% upside to $226.5 fair value, driven by relative and DCF valuation. MKTX's strong but eroding economic moat is supported by network effects, robust ROIC, and leadership in electronic bond trading, despite market share declines. Revenue growth is expected in mid-single digits for 2026 but 8-9% through 2028, underpinned by the AI-driven X-Pro platform and portfolio trading gains.

Roberston bought 28,830 shares of MKTX; estimated trade size: ~$5.23 million based on the quarterly average price. Quarter-end position value rose by $5.23 million, reflecting the new purchase.

MarketAxess Holdings Inc. (MKTX) Presents at UBS Financial Services Conference 2026 Transcript

MKTX tops Q4 EPS estimates as revenues rise 3.5%, while expenses climb; the firm also approves a higher quarterly dividend.

J.B. Hunt Transport Services was our top contributor in the sector and for our portfolio in the quarter. In the quarter, we initiated a new position in MarketAxess Holdings, a Quality Value company that owns and operates the largest e-trading platform in the U.S. for corporate bonds. One holding that ran into difficulties last quarter is Kimberly Clark, the tissue company behind well-known brands such as Huggies, Cottonelle, and Kleenex.

MarketAxess Holdings Inc. (MKTX) Q4 2025 Earnings Call Transcript

Although the revenue and EPS for MarketAxess (MKTX) give a sense of how its business performed in the quarter ended December 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.