MarketAxess (MKTX) Stock Forecast, Price Target & Predictions
MKTX Stock Forecast
MarketAxess stock forecast is as follows: an average price target of $299.57 (represents a 13.05% upside from MKTX’s last price of $264.98) and a rating consensus of 'Hold', based on 11 wall street analysts offering a 1-year stock forecast.
MKTX Price Target
The average price target for MarketAxess (MKTX) is $299.57 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $395.00 to $232.00. This represents a potential 13.05% upside from MKTX's last price of $264.98.
MKTX Analyst Ratings
According to 11 Wall Street analysts, MarketAxess's rating consensus is 'Hold'. The analyst rating breakdown for MKTX stock is 0 'Strong Buy' (0.00%), 2 'Buy' (18.18%), 9 'Hold' (81.82%), 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 |
|---|---|---|---|---|---|---|
| Oct 17, 2024 | Michael Cyprys | Morgan Stanley | $314.00 | $291.87 | 7.58% | 18.50% |
| Oct 03, 2024 | Chris Allen | Citigroup | $325.00 | $272.98 | 19.06% | 22.65% |
| Apr 12, 2024 | Patrick Moley | Piper Sandler | $237.00 | $216.55 | 9.44% | -10.56% |
| Apr 05, 2024 | Brian Bedell | Deutsche Bank | $232.00 | $224.79 | 3.21% | -12.45% |
| Dec 07, 2022 | - | Credit Suisse | $294.00 | $286.00 | 2.80% | 10.95% |
| Nov 15, 2022 | - | Deutsche Bank | $240.00 | $265.40 | -9.57% | -9.43% |
| Aug 12, 2022 | - | Deutsche Bank | $292.00 | $271.06 | 7.73% | 10.20% |
| Jul 22, 2022 | - | Morgan Stanley | $315.00 | $275.75 | 14.23% | 18.88% |
| Jul 19, 2022 | - | Morgan Stanley | $325.00 | $268.29 | 21.14% | 22.65% |
| Jul 13, 2022 | - | Deutsche Bank | $284.00 | $259.46 | 9.46% | 7.18% |
The latest MarketAxess stock forecast, released on Oct 17, 2024 by Michael Cyprys from Morgan Stanley, set a price target of $314.00, which represents a 7.58% increase from the stock price at the time of the forecast ($291.87), and a 18.50% increase from MKTX last price ($264.98).
MarketAxess Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 4 |
| Avg Price Target | $314.00 | $319.50 | $277.00 |
| Last Closing Price | $264.98 | $264.98 | $264.98 |
| Upside/Downside | 18.50% | 20.58% | 4.54% |
In the current month, the average price target of MarketAxess stock is $314.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 18.50% increase as opposed to MarketAxess's last price of $264.98. This month's average price target is down -1.72% compared to last quarter, and up 13.36% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 17, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Oct 08, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Oct 07, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Oct 03, 2024 | Citigroup | Buy | Buy | Hold |
| Oct 03, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
| 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 |
MarketAxess's last stock rating was published by Morgan Stanley on Oct 17, 2024. The company gave MKTX a "Equal-Weight" 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 | Jun 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 | $182.23M | $186.06M | $165.06M | $162.09M | $176.33M | $195.46M | $171.35M | $164.01M | $184.79M | $168.98M | $129.77M | $131.60M |
| Avg Forecast | $251.77M | $245.28M | $239.54M | $250.83M | $233.41M | $223.74M | $220.45M | $224.36M | $210.47M | $207.17M | $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 | $264.03M | $257.23M | $251.21M | $263.05M | $244.78M | $234.63M | $231.19M | $231.21M | $219.67M | $213.76M | $198.07M | $213.82M | $206.28M | $186.66M | $188.21M | $210.30M | $185.48M | $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 |
| Low Forecast | $244.15M | $237.86M | $232.29M | $243.24M | $226.35M | $216.97M | $213.78M | $221.51M | $205.06M | $200.58M | $198.07M | $212.15M | $190.75M | $165.30M | $174.04M | $194.46M | $171.52M | $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 |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 9 | 4 | 7 | 4 | 4 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 15 | 9 | 9 | 16 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | - | 1.00% | 1.01% | 1.01% | 1.00% | 0.99% | 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 $212.15M, and a high forecast of $213.82M. 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 9 | 4 | 7 | 4 | 4 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 15 | 9 | 9 | 16 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $101.71M | - | $96.01M | $114.79M | $95.21M | $92.87M | $104.90M | $105.71M | $88.09M | $90.46M | $101.03M | $115.44M | $102.67M | $99.86M | $114.39M | $101.41M | $71.18M | $75.51M |
| Avg Forecast | $141.20M | $137.56M | $134.34M | $140.67M | $130.90M | $125.48M | $123.63M | $125.82M | $118.03M | $116.18M | $111.08M | $128.37M | $110.31M | $96.64M | $100.65M | $116.70M | $100.31M | $95.17M | $101.42M | $106.09M | $90.53M | $90.67M | $97.99M | $116.52M | $92.58M | $89.10M | $102.02M | $98.21M | $70.14M | $71.78M |
| High Forecast | $148.07M | $144.26M | $140.88M | $147.52M | $137.28M | $131.59M | $129.65M | $129.66M | $123.19M | $119.88M | $111.08M | $154.04M | $115.68M | $104.68M | $105.55M | $140.04M | $120.38M | $95.17M | $101.42M | $127.31M | $90.53M | $90.67M | $97.99M | $139.82M | $92.58M | $89.10M | $102.02M | $117.85M | $70.14M | $71.78M |
| Low Forecast | $136.92M | $133.39M | $130.27M | $136.41M | $126.94M | $121.68M | $119.89M | $124.23M | $115.00M | $112.49M | $111.08M | $102.70M | $106.97M | $92.70M | $97.60M | $93.36M | $80.25M | $95.17M | $101.42M | $84.87M | $90.53M | $90.67M | $97.99M | $93.22M | $92.58M | $89.10M | $102.02M | $78.57M | $70.14M | $71.78M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | - | 0.95% | 0.98% | 0.95% | 0.98% | 1.03% | 1.00% | 0.97% | 1.00% | 1.03% | 0.99% | 1.11% | 1.12% | 1.12% | 1.03% | 1.01% | 1.05% |
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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 9 | 4 | 7 | 4 | 4 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 15 | 9 | 9 | 16 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $69.63M | - | $59.86M | $73.63M | $59.23M | $59.31M | $66.92M | $64.77M | $52.19M | $57.96M | $67.29M | $80.46M | $72.93M | $67.78M | $83.85M | $74.82M | $50.27M | $54.00M |
| Avg Forecast | $86.73M | $86.35M | $84.77M | $88.14M | $80.56M | $77.48M | $75.56M | $76.16M | $69.40M | $69.34M | $63.15M | $77.44M | $64.93M | $54.87M | $59.17M | $70.40M | $59.42M | $56.32M | $64.03M | $64.00M | $53.57M | $54.98M | $63.79M | $81.21M | $68.71M | $65.68M | $80.58M | $72.45M | $48.88M | $52.31M |
| High Forecast | $92.22M | $91.82M | $90.13M | $93.71M | $85.66M | $82.38M | $80.35M | $79.78M | $76.56M | $73.73M | $63.16M | $92.93M | $69.04M | $61.55M | $62.92M | $84.48M | $71.31M | $56.32M | $64.03M | $76.80M | $53.57M | $54.98M | $63.79M | $97.45M | $68.71M | $65.68M | $80.58M | $86.94M | $48.88M | $52.31M |
| Low Forecast | $83.32M | $82.96M | $81.43M | $84.67M | $77.39M | $74.43M | $72.59M | $73.62M | $66.38M | $66.61M | $63.15M | $61.95M | $62.37M | $52.65M | $56.84M | $56.32M | $47.54M | $56.32M | $64.03M | $51.20M | $53.57M | $54.98M | $63.79M | $64.97M | $68.71M | $65.68M | $80.58M | $57.96M | $48.88M | $52.31M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | - | 1.01% | 1.05% | 1.00% | 1.05% | 1.05% | 1.01% | 0.97% | 1.05% | 1.05% | 0.99% | 1.06% | 1.03% | 1.04% | 1.03% | 1.03% | 1.03% |
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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 9 | 4 | 7 | 4 | 4 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 15 | 9 | 9 | 16 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $17.59M | - | $34.55M | $34.49M | $35.78M | $31.48M | $32.50M | $30.45M | $32.91M | $29.98M | $30.96M | $27.43M | $27.59M | $24.75M | $25.01M | $23.12M | $24.73M | $23.47M |
| Avg Forecast | $40.70M | $39.65M | $38.73M | $40.55M | $37.73M | $36.17M | $35.64M | $36.27M | $34.02M | $33.49M | $32.02M | $36.41M | $31.80M | $27.86M | $29.01M | $33.10M | $37.48M | $29.99M | $31.96M | $30.09M | $28.52M | $28.57M | $30.88M | $27.69M | $29.17M | $28.07M | $32.14M | $22.39M | $22.10M | $22.62M |
| High Forecast | $42.68M | $41.58M | $40.61M | $42.52M | $39.57M | $37.93M | $37.37M | $37.38M | $35.51M | $34.56M | $32.02M | $43.69M | $33.35M | $30.18M | $30.43M | $39.72M | $44.98M | $29.99M | $31.96M | $36.11M | $28.52M | $28.57M | $30.88M | $33.22M | $29.17M | $28.07M | $32.14M | $26.87M | $22.10M | $22.62M |
| Low Forecast | $39.47M | $38.45M | $37.55M | $39.32M | $36.59M | $35.08M | $34.56M | $35.81M | $33.15M | $32.43M | $32.02M | $29.12M | $30.84M | $26.72M | $28.14M | $26.48M | $29.99M | $29.99M | $31.96M | $24.07M | $28.52M | $28.57M | $30.88M | $22.15M | $29.17M | $28.07M | $32.14M | $17.91M | $22.10M | $22.62M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.55% | - | 1.19% | 1.04% | 0.95% | 1.05% | 1.02% | 1.01% | 1.15% | 1.05% | 1.00% | 0.99% | 0.95% | 0.88% | 0.78% | 1.03% | 1.12% | 1.04% |
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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 9 | 4 | 7 | 4 | 4 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 15 | 9 | 9 | 16 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.85 | - | $1.60 | $1.96 | $1.58 | $1.58 | $1.78 | $1.73 | $1.39 | $1.54 | $1.79 | $2.15 | $1.95 | $1.81 | $2.25 | $2.01 | $1.35 | $1.46 |
| Avg Forecast | $2.31 | $2.30 | $2.25 | $2.34 | $2.14 | $2.06 | $2.01 | $2.02 | $1.85 | $1.84 | $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 | $2.45 | $2.44 | $2.40 | $2.49 | $2.28 | $2.19 | $2.14 | $2.12 | $2.04 | $1.96 | $1.68 | $1.89 | $1.84 | $1.64 | $1.67 | $2.02 | $1.65 | $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 |
| Low Forecast | $2.22 | $2.21 | $2.17 | $2.25 | $2.06 | $1.98 | $1.93 | $1.96 | $1.77 | $1.77 | $1.68 | $1.86 | $1.66 | $1.40 | $1.51 | $1.83 | $1.49 | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | - | 1.02% | 1.03% | 1.02% | 1.06% | 1.05% | 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 $1.86 and a high estimate of $1.89. 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 |
|---|---|---|---|---|---|
| MKTX | MarketAxess | $264.98 | $299.57 | 13.05% | Hold |
| LAZ | Lazard | $55.76 | $53.25 | -4.50% | Buy |
| LPLA | LPL Financial | $314.54 | $277.89 | -11.65% | Buy |
| SF | Stifel Financial | $115.57 | $101.60 | -12.09% | Buy |
| RJF | Raymond James Financial | $160.15 | $136.00 | -15.08% | Buy |
| IBKR | Interactive Brokers Group | $177.90 | $136.60 | -23.22% | Buy |
| HLI | Houlihan Lokey | $184.08 | $119.50 | -35.08% | Hold |
| MC | Moelis & Company | $76.33 | $47.00 | -38.43% | Buy |
| EVR | Evercore | $299.66 | $180.75 | -39.68% | Buy |
| PWP | Perella Weinberg Partners | $25.73 | $15.50 | -39.76% | Buy |
| PJT | PJT Partners | $159.26 | $79.50 | -50.08% | Buy |
| PIPR | Piper Sandler Companies | $331.39 | $162.33 | -51.02% | Buy |