MarketAxess (MKTX) Stock Forecast, Price Target & Predictions
MKTX Stock Forecast
MarketAxess stock forecast is as follows: an average price target of $295.50 (represents a 14.37% upside from MKTX’s last price of $258.38) and a rating consensus of 'Hold', based on 10 wall street analysts offering a 1-year stock forecast.
MKTX Price Target
The average price target for MarketAxess (MKTX) is $295.50 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $395.00 to $232.00. This represents a potential 14.37% upside from MKTX's last price of $258.38.
MKTX Analyst Ratings
According to 10 Wall Street analysts, MarketAxess's rating consensus is 'Hold'. The analyst rating breakdown for MKTX stock is 0 'Strong Buy' (0.00%), 2 'Buy' (20.00%), 8 'Hold' (80.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
MarketAxess Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 12, 2024 | Patrick Moley | Piper Sandler | $237.00 | $216.55 | 9.44% | -8.27% |
| Apr 05, 2024 | Brian Bedell | Deutsche Bank | $232.00 | $224.79 | 3.21% | -10.21% |
| Dec 07, 2022 | - | Credit Suisse | $294.00 | $286.00 | 2.80% | 13.79% |
| Nov 15, 2022 | - | Deutsche Bank | $240.00 | $265.40 | -9.57% | -7.11% |
| Aug 12, 2022 | - | Deutsche Bank | $292.00 | $271.06 | 7.73% | 13.01% |
| Jul 22, 2022 | - | Morgan Stanley | $315.00 | $275.75 | 14.23% | 21.91% |
| Jul 19, 2022 | - | Morgan Stanley | $325.00 | $268.29 | 21.14% | 25.78% |
| Jul 13, 2022 | - | Deutsche Bank | $284.00 | $259.46 | 9.46% | 9.92% |
| Jul 05, 2022 | - | Morgan Stanley | $338.00 | $260.68 | 29.66% | 30.82% |
| Jun 27, 2022 | - | Jefferies | $300.00 | $272.46 | 10.11% | 16.11% |
The latest MarketAxess stock forecast, released on Apr 12, 2024 by Patrick Moley from Piper Sandler, set a price target of $237.00, which represents a 9.44% increase from the stock price at the time of the forecast ($216.55), and a -8.27% decrease from MKTX last price ($258.38).
MarketAxess Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $234.50 |
| Last Closing Price | $258.38 | $258.38 | $258.38 |
| Upside/Downside | -100.00% | -100.00% | -9.24% |
In the current month, the average price target of MarketAxess stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to MarketAxess's last price of $258.38. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 29, 2024 | Citigroup | Buy | Buy | Hold |
| Aug 15, 2024 | Sandler O'Neill | Market Perform | Market Perform | Hold |
| Aug 15, 2024 | Sandler O'Neil | Underperform | Underperform | Hold |
| Aug 07, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jul 30, 2024 | Citigroup | Buy | Buy | Hold |
| Jun 05, 2024 | Citigroup | Buy | Buy | Hold |
| May 08, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Apr 12, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Apr 05, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Mar 02, 2023 | Atlantic Equities | - | Overweight | Upgrade |
MarketAxess's last stock rating was published by Citigroup on Aug 29, 2024. The company gave MKTX a "Buy" rating, the same as its previous rate.
MarketAxess Financial Forecast
MarketAxess Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $197.25M | - | $179.85M | $203.17M | $177.90M | $172.11M | - | $186.06M | $165.06M | $162.09M | $176.33M | $195.46M | $171.35M | $164.01M | $184.79M | $168.98M | $129.77M | $131.60M |
| Avg Forecast | $249.36M | $233.49M | $239.58M | $251.22M | $228.11M | $216.14M | $219.80M | $223.67M | $204.93M | $196.19M | $198.07M | $212.99M | $196.70M | $172.32M | $179.47M | $200.53M | $176.87M | $172.44M | $183.77M | $186.35M | $164.04M | $164.29M | $177.56M | $194.03M | $167.75M | $161.45M | $184.85M | $167.44M | $127.09M | $130.07M |
| High Forecast | $254.46M | $238.26M | $244.48M | $256.35M | $232.77M | $220.56M | $224.29M | $228.24M | $209.12M | $199.09M | $202.12M | $217.34M | $200.72M | $186.66M | $183.14M | $204.63M | $180.49M | $175.97M | $183.77M | $193.67M | $170.49M | $170.75M | $184.54M | $201.66M | $174.35M | $167.80M | $192.12M | $174.02M | $132.09M | $135.18M |
| Low Forecast | $242.32M | $226.90M | $232.82M | $244.13M | $221.67M | $210.04M | $213.59M | $217.35M | $199.14M | $192.67M | $192.48M | $206.98M | $191.15M | $165.30M | $174.41M | $194.87M | $171.88M | $167.57M | $183.77M | $174.96M | $154.02M | $154.25M | $166.71M | $182.18M | $157.50M | $151.59M | $173.56M | $157.21M | $119.33M | $122.12M |
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 4 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | - | 1.00% | 1.01% | 1.01% | 1.00% | - | 1.00% | 1.01% | 0.99% | 0.99% | 1.01% | 1.02% | 1.02% | 1.00% | 1.01% | 1.02% | 1.01% |
MarketAxess's average Quarter revenue forecast for Mar 24 based on 4 analysts is $212.99M, with a low forecast of $206.98M, and a high forecast of $217.34M. MKTX's average Quarter revenue forecast represents a 7.98% increase compared to the company's last Quarter revenue of $197.25M (Dec 23).
MarketAxess EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 4 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $101.71M | - | $96.01M | $114.79M | $95.21M | $92.87M | - | $105.71M | $88.09M | $90.46M | $101.03M | $115.44M | $102.67M | $99.86M | $114.39M | $101.41M | $71.18M | $75.51M |
| Avg Forecast | $137.62M | $128.86M | $132.22M | $138.64M | $125.89M | $119.29M | $121.30M | $123.44M | $113.10M | $108.27M | $109.31M | $128.37M | $108.56M | $95.10M | $99.05M | $116.70M | $97.61M | $95.42M | $101.42M | $106.09M | $91.19M | $86.74M | $95.61M | $116.52M | $98.77M | $97.57M | $110.07M | $98.21M | $70.08M | $73.88M |
| High Forecast | $140.43M | $131.49M | $134.92M | $141.48M | $128.46M | $121.72M | $123.78M | $125.96M | $115.41M | $109.88M | $111.55M | $154.04M | $110.77M | $103.02M | $101.07M | $140.04M | $99.61M | $114.50M | $101.42M | $127.31M | $109.43M | $104.09M | $114.74M | $139.82M | $118.52M | $117.08M | $132.09M | $117.85M | $84.10M | $88.65M |
| Low Forecast | $133.74M | $125.22M | $128.49M | $134.73M | $122.34M | $115.92M | $117.88M | $119.96M | $109.91M | $106.33M | $106.23M | $102.70M | $105.49M | $91.23M | $96.25M | $93.36M | $94.86M | $76.33M | $101.42M | $84.87M | $72.96M | $69.39M | $76.49M | $93.22M | $79.01M | $78.05M | $88.06M | $78.57M | $56.07M | $59.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | - | 0.97% | 0.98% | 0.98% | 0.97% | - | 1.00% | 0.97% | 1.04% | 1.06% | 0.99% | 1.04% | 1.02% | 1.04% | 1.03% | 1.02% | 1.02% |
4 analysts predict MKTX's average Quarter EBITDA for Mar 24 to be $128.37M, with a high of $154.04M and a low of $102.70M. This is 26.22% upper than MarketAxess's previous annual EBITDA (Dec 23) of $101.71M.
MarketAxess Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 4 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $69.63M | - | $59.86M | $73.63M | $59.23M | $59.31M | - | $64.77M | $52.19M | $57.96M | $67.29M | $80.46M | $72.93M | $67.78M | $83.85M | $74.82M | $50.27M | $54.00M |
| Avg Forecast | $83.43M | $79.92M | $83.63M | $87.54M | $76.03M | $71.84M | $74.83M | $75.30M | $64.50M | $62.09M | $63.29M | $77.44M | $65.07M | $54.99M | $59.30M | $70.40M | $58.63M | $61.13M | $64.21M | $64.00M | $54.02M | $55.58M | $63.68M | $81.21M | $70.16M | $66.22M | $80.69M | $72.45M | $49.50M | $52.84M |
| High Forecast | $85.65M | $82.04M | $85.85M | $89.87M | $78.05M | $73.75M | $76.81M | $77.30M | $66.22M | $65.12M | $64.97M | $92.93M | $66.79M | $61.68M | $60.87M | $84.48M | $60.18M | $73.36M | $64.21M | $76.80M | $64.83M | $66.69M | $76.42M | $97.45M | $84.19M | $79.46M | $96.83M | $86.94M | $59.40M | $63.40M |
| Low Forecast | $80.37M | $76.98M | $80.56M | $84.33M | $73.24M | $69.21M | $72.08M | $72.53M | $62.14M | $59.82M | $60.97M | $61.95M | $62.68M | $52.76M | $57.12M | $56.32M | $56.48M | $48.91M | $64.21M | $51.20M | $43.22M | $44.46M | $50.95M | $64.97M | $56.13M | $52.97M | $64.55M | $57.96M | $39.60M | $42.27M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | - | 1.01% | 1.05% | 1.01% | 0.97% | - | 1.01% | 0.97% | 1.04% | 1.06% | 0.99% | 1.04% | 1.02% | 1.04% | 1.03% | 1.02% | 1.02% |
MarketAxess's average Quarter net income forecast for Mar 24 is $77.44M, with a range of $61.95M to $92.93M. MKTX's average Quarter net income forecast represents a 11.23% increase compared to the company's last Quarter net income of $69.63M (Dec 23).
MarketAxess SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 4 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $17.59M | - | $34.55M | $34.49M | $35.78M | $31.48M | - | $30.45M | $32.91M | $29.98M | $30.96M | $27.43M | $27.59M | $24.75M | $25.01M | $23.12M | $24.73M | $23.47M |
| Avg Forecast | $43.36M | $40.60M | $41.66M | $43.68M | $39.67M | $37.58M | $38.22M | $38.89M | $35.64M | $34.11M | $34.44M | $36.41M | $34.20M | $29.97M | $31.21M | $33.10M | $30.76M | $31.62M | $31.96M | $30.09M | $34.07M | $28.75M | $29.30M | $27.69M | $26.54M | $24.18M | $24.06M | $22.39M | $24.35M | $22.96M |
| High Forecast | $44.25M | $41.43M | $42.51M | $44.58M | $40.48M | $38.35M | $39.00M | $39.69M | $36.36M | $34.62M | $35.15M | $43.69M | $34.90M | $32.46M | $31.85M | $39.72M | $31.38M | $37.95M | $31.96M | $36.11M | $40.89M | $34.50M | $35.16M | $33.22M | $31.85M | $29.01M | $28.87M | $26.87M | $29.22M | $27.55M |
| Low Forecast | $42.14M | $39.46M | $40.49M | $42.45M | $38.55M | $36.52M | $37.14M | $37.80M | $34.63M | $33.50M | $33.47M | $29.12M | $33.24M | $28.74M | $30.33M | $26.48M | $29.89M | $25.30M | $31.96M | $24.07M | $27.26M | $23.00M | $23.44M | $22.15M | $21.23M | $19.34M | $19.25M | $17.91M | $19.48M | $18.37M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.51% | - | 1.11% | 1.04% | 1.16% | 1.00% | - | 1.01% | 0.97% | 1.04% | 1.06% | 0.99% | 1.04% | 1.02% | 1.04% | 1.03% | 1.02% | 1.02% |
MarketAxess's average Quarter SG&A projection for Mar 24 is $36.41M, based on 4 Wall Street analysts, with a range of $29.12M to $43.69M. The forecast indicates a 106.92% rise compared to MKTX last annual SG&A of $17.59M (Dec 23).
MarketAxess EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 4 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.85 | - | $1.60 | $1.96 | $1.58 | $1.58 | - | $1.73 | $1.39 | $1.54 | $1.79 | $2.15 | $1.95 | $1.81 | $2.25 | $2.01 | $1.35 | $1.46 |
| Avg Forecast | $2.21 | $2.12 | $2.22 | $2.32 | $2.02 | $1.91 | $1.99 | $2.00 | $1.71 | $1.65 | $1.68 | $1.87 | $1.73 | $1.46 | $1.57 | $1.90 | $1.56 | $1.49 | $1.70 | $1.69 | $1.42 | $1.46 | $1.69 | $2.13 | $1.82 | $1.74 | $2.14 | $1.90 | $1.30 | $1.39 |
| High Forecast | $2.27 | $2.18 | $2.28 | $2.38 | $2.07 | $1.96 | $2.04 | $2.05 | $1.76 | $1.73 | $1.72 | $1.92 | $1.77 | $1.64 | $1.62 | $1.95 | $1.60 | $1.53 | $1.70 | $1.77 | $1.49 | $1.53 | $1.78 | $2.24 | $1.92 | $1.83 | $2.25 | $2.00 | $1.36 | $1.46 |
| Low Forecast | $2.13 | $2.04 | $2.14 | $2.24 | $1.94 | $1.84 | $1.91 | $1.92 | $1.65 | $1.59 | $1.62 | $1.80 | $1.66 | $1.40 | $1.52 | $1.83 | $1.50 | $1.44 | $1.70 | $1.55 | $1.31 | $1.34 | $1.56 | $1.96 | $1.68 | $1.60 | $1.97 | $1.75 | $1.19 | $1.28 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | - | 1.02% | 1.03% | 1.02% | 1.06% | - | 1.03% | 0.98% | 1.06% | 1.06% | 1.01% | 1.07% | 1.04% | 1.05% | 1.06% | 1.04% | 1.05% |
According to 4 Wall Street analysts, MarketAxess's projected average Quarter EPS for Mar 24 is $1.87, with a low estimate of $1.80 and a high estimate of $1.92. This represents a 1.23% increase compared to MKTX previous annual EPS of $1.85 (Dec 23).
MarketAxess Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| LPLA | LPL Financial | $210.51 | $264.88 | 25.83% | Buy |
| MKTX | MarketAxess | $258.38 | $295.50 | 14.37% | Hold |
| RJF | Raymond James Financial | $120.68 | $130.60 | 8.22% | Buy |
| LAZ | Lazard | $49.71 | $53.25 | 7.12% | Buy |
| SF | Stifel Financial | $89.59 | $92.00 | 2.69% | Buy |
| IBKR | Interactive Brokers Group | $131.81 | $124.75 | -5.36% | Buy |
| PWP | Perella Weinberg Partners | $18.86 | $15.50 | -17.82% | Buy |
| EVR | Evercore | $246.23 | $180.75 | -26.59% | Buy |
| MC | Moelis & Company | $69.28 | $47.00 | -32.16% | Buy |
| PJT | PJT Partners | $130.11 | $79.50 | -38.90% | Buy |
| PIPR | Piper Sandler Companies | $274.21 | $162.33 | -40.80% | Buy |
| HLI | Houlihan Lokey | $159.30 | $76.00 | -52.29% | Buy |
MKTX Forecast FAQ
Is MarketAxess a good buy?
No, according to 10 Wall Street analysts, MarketAxess (MKTX) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 20.00% of MKTX's total ratings.
What is MKTX's price target?
MarketAxess (MKTX) average price target is $295.5 with a range of $232 to $395, implying a 14.37% from its last price of $258.38. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will MarketAxess stock go up soon?
According to Wall Street analysts' prediction for MKTX stock, the company can go up by 14.37% (from the last price of $258.38 to the average price target of $295.5), up by 52.88% based on the highest stock price target, and down by -10.21% based on the lowest stock price target.
Can MarketAxess stock reach $400?
MKTX's average twelve months analyst stock price target of $295.5 does not support the claim that MarketAxess can reach $400 in the near future.
What are MarketAxess's analysts' financial forecasts?
MarketAxess's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $887.71M (high $905.85M, low $862.66M), average EBITDA is $489.92M (high $499.93M, low $476.09M), average net income is $298M (high $305.91M, low $287.06M), average SG&A $154.37M (high $157.52M, low $150.01M), and average EPS is $7.91 (high $8.12, low $7.62). MKTX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $973.65M (high $993.54M, low $946.17M), average EBITDA is $537.35M (high $548.33M, low $522.18M), average net income is $334.52M (high $343.41M, low $322.25M), average SG&A $169.31M (high $172.77M, low $164.53M), and average EPS is $8.88 (high $9.11, low $8.55).
Did the MKTX's actual financial results beat the analysts' financial forecasts?
Based on MarketAxess's last annual report (Dec 2023), the company's revenue was $752.55M, beating the average analysts forecast of $749.03M by 0.47%. Apple's EBITDA was $401.27M, missing the average prediction of $419.41M by -4.32%. The company's net income was $258.06M, beating the average estimation of $249.76M by 3.32%. Apple's SG&A was $66.03M, missing the average forecast of $128.48M by -48.61%. Lastly, the company's EPS was $6.87, beating the average prediction of $6.66 by 3.15%. In terms of the last quarterly report (Dec 2023), MarketAxess's revenue was $197.25M, beating the average analysts' forecast of $196.7M by 0.28%. The company's EBITDA was $101.71M, missing the average prediction of $108.56M by -6.31%. MarketAxess's net income was $69.63M, beating the average estimation of $65.07M by 7.01%. The company's SG&A was $17.59M, missing the average forecast of $34.2M by -48.56%. Lastly, the company's EPS was $1.85, beating the average prediction of $1.73 by 7.16%