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MKTX
Volume: 302.19K
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MarketAxess Holdings (MKTX) Stock Forecast & Price Target

MarketAxess Holdings (MKTX) Analyst Ratings

Based on 19 analyst ratings
Hold
Strong Buy 16%
Buy 16%
Hold 47%
Sell 16%
Strong Sell 5%

Bulls say

MarketAxess Holdings has demonstrated a robust performance in the third quarter of 2024, achieving a US high-grade (USHG) market share of 19.5%, reflecting a quarter-over-quarter increase of 73 basis points. The company reported an average daily notional volume (ADNV) of $40.5 billion, a significant increase of 38% year-over-year, highlighting strong demand in the fixed-income trading segment, particularly in higher frequency credit volumes. Additionally, MarketAxess maintained a solid operating margin of 42.1%, surpassing previous estimates and indicating effective cost management alongside revenue growth, which was up 20% year-over-year.

Bears say

MarketAxess Holdings is facing a negative outlook primarily due to lower-than-expected trading volumes and revenue capture, which has prompted a revision of financial estimates. Key performance metrics indicate a decline in blended fees per million (FPM) from $64 in the previous quarter to $57 in the most recent period, reflecting increased exposure to Rates volumes. Additionally, the company's market share in the high-grade and high-yield credit segments has stagnated, raising concerns about competitive dynamics within fixed-income trading and positioning MarketAxess as a "show-me" story in the near term.

MarketAxess Holdings (MKTX) has been analyzed by 19 analysts, with a consensus rating of Hold. 16% of analysts recommend a Strong Buy, 16% recommend Buy, 47% suggest Holding, 16% advise Selling, and 5% predict a Strong Sell.

This aggregate rating is based on analysts' research of MarketAxess Holdings and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About MarketAxess Holdings (MKTX) Forecast

Analysts have given MarketAxess Holdings (MKTX) a Hold based on their latest research and market trends.

According to 19 analysts, MarketAxess Holdings (MKTX) has a Hold consensus rating as of Jul 5, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $243.84, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $243.84, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

MarketAxess Holdings (MKTX)

Volume: 302.19K

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