MarketAxess (MKTX) Expected to Announce Earnings on Wednesday

MarketAxess (NASDAQ:MKTX) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Wednesday, August 6th. Analysts expect MarketAxess to post earnings of $1.91 per share and revenue of $218.05 million for the quarter.

MarketAxess (NASDAQ:MKTX) last announced its quarterly earnings data on Wednesday, May 7th. The financial services provider reported $1.87 EPS for the quarter, beating analysts’ consensus estimates of $1.82 by $0.05. The company had revenue of $208.58 million during the quarter, compared to the consensus estimate of $211.81 million. MarketAxess had a return on equity of 19.93% and a net margin of 26.57%. The company’s quarterly revenue was down .8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.92 EPS. On average, analysts expect MarketAxess to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

MarketAxess Stock Up 1.1%

Shares of MarketAxess stock opened at $207.75 on Monday. MarketAxess has a 12-month low of $186.84 and a 12-month high of $296.68. The firm has a market capitalization of $7.79 billion, a PE ratio of 36.13, a price-to-earnings-growth ratio of 2.74 and a beta of 0.84. The stock’s fifty day moving average is $217.69 and its 200-day moving average is $214.36.

Wall Street Analyst Weigh In

MKTX has been the topic of several recent analyst reports. UBS Group restated a “buy” rating and set a $295.00 price objective on shares of MarketAxess in a report on Tuesday, July 8th. Wall Street Zen downgraded shares of MarketAxess from a “hold” rating to a “sell” rating in a research report on Sunday, July 20th. Piper Sandler reaffirmed a “neutral” rating and issued a $204.00 price objective (up previously from $202.00) on shares of MarketAxess in a research note on Tuesday, July 15th. Morgan Stanley reduced their target price on MarketAxess from $283.00 to $274.00 and set an “overweight” rating for the company in a report on Tuesday, July 15th. Finally, Barclays decreased their target price on MarketAxess from $240.00 to $237.00 and set an “equal weight” rating for the company in a research report on Thursday, July 10th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, MarketAxess has an average rating of “Hold” and an average price target of $240.67.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in MKTX. Geneos Wealth Management Inc. boosted its holdings in MarketAxess by 200.0% during the first quarter. Geneos Wealth Management Inc. now owns 120 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 80 shares during the period. Empowered Funds LLC lifted its position in shares of MarketAxess by 8.4% during the 1st quarter. Empowered Funds LLC now owns 1,716 shares of the financial services provider’s stock worth $371,000 after purchasing an additional 133 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in MarketAxess by 151.0% during the 1st quarter. Jones Financial Companies Lllp now owns 2,683 shares of the financial services provider’s stock valued at $580,000 after purchasing an additional 1,614 shares during the period. Finally, Woodline Partners LP grew its holdings in MarketAxess by 40.7% in the 1st quarter. Woodline Partners LP now owns 3,185 shares of the financial services provider’s stock valued at $689,000 after buying an additional 921 shares during the last quarter. Institutional investors and hedge funds own 99.01% of the company’s stock.

MarketAxess Company Profile

MarketAxess Holdings Inc, together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. The company offers trading technology that provides liquidity access in U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S.