MarketAxess (NASDAQ:MKTX) Upgraded by Wall Street Zen to “Hold” Rating

MarketAxess (NASDAQ:MKTX) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Several other brokerages have also recently commented on MKTX. Loop Capital set a $164.00 target price on MarketAxess in a report on Tuesday, October 14th. Weiss Ratings cut shares of MarketAxess from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 26th. Piper Sandler dropped their target price on shares of MarketAxess from $180.00 to $175.00 and set a “neutral” rating on the stock in a report on Wednesday, January 14th. Zacks Research raised MarketAxess from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 18th. Finally, Keefe, Bruyette & Woods raised their target price on MarketAxess from $194.00 to $198.00 and gave the stock a “market perform” rating in a research note on Monday, November 10th. Four investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $201.64.

MarketAxess Stock Performance

Shares of NASDAQ:MKTX opened at $162.33 on Friday. MarketAxess has a 52-week low of $156.17 and a 52-week high of $232.84. The company has a market capitalization of $6.03 billion, a PE ratio of 27.61, a price-to-earnings-growth ratio of 4.11 and a beta of 0.97. The company has a fifty day moving average of $173.39 and a 200-day moving average of $177.57.

MarketAxess (NASDAQ:MKTX) last released its quarterly earnings data on Friday, February 6th. The financial services provider reported $1.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.72 by ($0.04). MarketAxess had a net margin of 26.16% and a return on equity of 20.20%. The firm had revenue of $209.41 million during the quarter, compared to analyst estimates of $214.06 million. During the same period in the prior year, the company earned $1.73 EPS. The business’s quarterly revenue was up 3.5% compared to the same quarter last year. On average, equities analysts forecast that MarketAxess will post 7.79 EPS for the current fiscal year.

Hedge Funds Weigh In On MarketAxess

Large investors have recently added to or reduced their stakes in the business. MUFG Securities EMEA plc purchased a new position in shares of MarketAxess during the second quarter valued at approximately $25,000. Geneos Wealth Management Inc. raised its holdings in shares of MarketAxess by 200.0% in the first quarter. Geneos Wealth Management Inc. now owns 120 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 80 shares during the last quarter. Activest Wealth Management purchased a new position in MarketAxess during the fourth quarter worth about $28,000. True Wealth Design LLC boosted its holdings in MarketAxess by 992.9% during the second quarter. True Wealth Design LLC now owns 153 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 139 shares during the last quarter. Finally, Pilgrim Partners Asia Pte Ltd bought a new stake in MarketAxess in the 3rd quarter worth about $38,000. Institutional investors own 99.01% of the company’s stock.

Key MarketAxess News

Here are the key news stories impacting MarketAxess this week:

• Positive Sentiment: Strong January trading volumes — MarketAxess reported double-digit ADV growth in January, with credit ADV up 28% year-over-year (emerging markets credit ADV +50%) and rates growth, signaling continued demand for its electronic fixed-income platform. This supports fee momentum going forward. Read More.
• Positive Sentiment: Liquidity and shareholder return action — the company amended and restated its credit facility and declared a dividend, improving balance sheet flexibility and returning capital to shareholders. That reduces financing risk and is typically supportive of the equity. Read More.
• Neutral Sentiment: Company release and materials available — MarketAxess filed its Q4 & full-year 2025 results with slides and a conference call; these provide management detail on new initiatives and FX impacts but contained no major guidance change. Investors should review the slide deck and call for color. Read More.
• Neutral Sentiment: Earnings call transcript — the full Q4 2025 call transcript is available for investors who want management commentary on product progress and cost or margin drivers; useful for judging forward revenue mix. Read More.
• Neutral Sentiment: Analyst recaps vary — some outlets (Zacks) note pockets of beats vs certain estimates while others highlight misses; takeaways depend on which consensus you reference. Expect analyst revisions as they digest details. Read More.
• Negative Sentiment: Q4 headline results were mixed-to-disappointing versus consensus — revenue of $209.4M (+3.5% YoY) and EPS of $1.68 missed the commonly cited Street revenue and EPS figures (revenue ~ $214M; EPS variability across outlets). EPS also declined from $1.73 a year ago, which, combined with the revenue miss, pressured the stock. Read More.

MarketAxess Company Profile

MarketAxess Holdings Inc operates a leading global electronic trading platform specializing in fixed-income securities and related products. The company’s network enables institutional investors and broker-dealers to trade corporate bonds, municipal securities, emerging markets debt, U.S. Treasuries and credit default swaps in an automated, multi-dealer environment. MarketAxess also offers portfolio trading, data analytics, best-execution tools and post-trade services to streamline workflows and enhance price discovery across its marketplace.

In addition to core voice-like trading protocols, MarketAxess provides Open Trading®, an anonymous, all-to-all trading protocol designed to improve liquidity and transaction efficiency.