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MarketAxess (MKTX) Stock Forecast, Price Target & Predictions

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MKTX Stock Forecast

MarketAxess stock forecast is as follows: an average price target of $319.50 (represents a 38.90% upside from MKTX’s last price of $230.03) 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 $319.50 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $325.00 to $314.00. This represents a potential 38.90% upside from MKTX's last price of $230.03.

MKTX Analyst Ratings

Hold

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 17, 2024Michael CyprysMorgan Stanley$314.00$291.877.58%36.51%
Oct 03, 2024Chris AllenCitigroup$325.00$272.9819.06%41.29%
Apr 12, 2024Patrick MoleyPiper Sandler$237.00$216.559.44%3.03%
Apr 05, 2024Brian BedellDeutsche Bank$232.00$224.793.21%0.86%
Dec 07, 2022Credit Suisse$294.00$286.002.80%27.81%
Nov 15, 2022Deutsche Bank$240.00$265.40-9.57%4.34%
Aug 12, 2022Deutsche Bank$292.00$271.067.73%26.94%
Jul 22, 2022Morgan Stanley$315.00$275.7514.23%36.94%
Jul 19, 2022Morgan Stanley$325.00$268.2921.14%41.29%
Jul 13, 2022Deutsche Bank$284.00$259.469.46%23.46%
Jul 05, 2022Morgan Stanley$338.00$260.6829.66%46.94%
Jun 27, 2022Jefferies$300.00$272.4610.11%30.42%
May 19, 2022Deutsche Bank$270.00$266.481.32%17.38%
Apr 25, 2022Credit Suisse$316.00$267.7018.04%37.38%
Apr 21, 2022Deutsche Bank$300.00$276.698.42%30.42%
Apr 21, 2022Morgan Stanley$361.00$276.6930.47%56.94%
Apr 21, 2022Rosenblatt Securities$395.00$273.9344.20%71.72%
Apr 05, 2022Michael CyprysMorgan Stanley$402.00$307.6030.69%74.76%

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 36.51% increase from MKTX last price ($230.03).

MarketAxess Price Target by Period

1M3M12M
# Anlaysts-24
Avg Price Target-$319.50$277.00
Last Closing Price$230.03$230.03$230.03
Upside/Downside-100.00%38.90%20.42%

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 $230.03. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 17, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Oct 08, 2024Piper SandlerNeutralNeutralHold
Oct 07, 2024BarclaysEqual-WeightEqual-WeightHold
Oct 03, 2024CitigroupBuyBuyHold
Oct 03, 2024Goldman SachsNeutralNeutralHold
Aug 29, 2024CitigroupBuyBuyHold
Aug 15, 2024Sandler O'NeillMarket PerformMarket PerformHold
Aug 15, 2024Sandler O'NeilUnderperformUnderperformHold
Aug 07, 2024BarclaysEqual-WeightEqual-WeightHold
Jul 30, 2024CitigroupBuyBuyHold
Jun 05, 2024CitigroupBuyBuyHold
May 08, 2024Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
Apr 12, 2024Piper SandlerNeutralNeutralHold
Apr 05, 2024Deutsche BankHoldHoldHold
Mar 02, 2023Atlantic EquitiesOverweightUpgrade
Dec 07, 2022Credit SuisseNeutralNeutralHold
Nov 15, 2022Deutsche BankHoldHoldHold
Aug 12, 2022Deutsche BankHoldHoldHold
Jul 13, 2022Deutsche BankHoldHoldHold
Jul 05, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jul 01, 2022Piper SandlerNeutralNeutralHold
Jun 27, 2022JefferiesHoldHoldHold
May 19, 2022Deutsche BankHoldHoldHold
Apr 05, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Feb 18, 2022Deutsche BankHoldHoldHold

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$223.59M$220.70M$224.45M$209.87M$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$265.04M$258.21M$252.17M$264.05M$245.72M$235.37M$232.33M$231.42M$219.04M$213.76M$198.07M$213.82M$207.07M$186.66M$188.93M$211.10M$186.19M$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$242.89M$236.63M$231.10M$241.99M$225.18M$215.70M$212.92M$221.72M$204.48M$200.58M$198.07M$212.15M$189.76M$165.30M$173.14M$193.46M$170.63M$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
# Analysts33334446845449643743474441599168
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33334446845449643743474441599168
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$125.39M$123.77M$125.88M$117.70M$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$148.64M$144.81M$141.42M$148.09M$137.80M$132.00M$130.30M$129.79M$122.84M$119.88M$111.08M$154.04M$116.13M$104.68M$105.96M$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$136.22M$132.71M$129.60M$135.71M$126.28M$120.97M$119.41M$124.34M$114.68M$112.49M$111.08M$102.70M$106.42M$92.70M$97.10M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33334446845449643743474441599168
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$79.98M$76.98M$75.18M$75.73M$68.67M$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$92.67M$92.27M$90.58M$94.17M$85.46M$82.25M$80.33M$78.97M$75.35M$74.09M$63.16M$92.93M$69.37M$61.55M$63.23M$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$82.75M$82.39M$80.88M$84.09M$76.31M$73.45M$71.73M$72.86M$65.33M$66.16M$63.15M$61.95M$61.95M$52.65M$56.46M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33334446845449643743474441599168
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$39.56M$38.54M$37.64M$39.41M$36.67M$35.13M$34.68M$35.27M$32.97M$32.55M$31.12M$36.41M$30.90M$27.08M$28.20M$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$41.64M$40.57M$39.62M$41.49M$38.61M$36.98M$36.50M$36.36M$34.42M$33.59M$31.12M$43.69M$32.53M$29.33M$29.68M$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$38.16M$37.18M$36.31M$38.02M$35.38M$33.89M$33.45M$34.84M$32.13M$31.51M$31.12M$29.12M$29.81M$25.97M$27.20M$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 %------------0.57%-1.23%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33334446845449643743474441599168
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$2.13$2.05$2.00$2.01$1.83$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$2.46$2.45$2.41$2.50$2.27$2.19$2.14$2.10$2.00$1.97$1.68$1.89$1.84$1.64$1.68$2.03$1.66$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$2.20$2.19$2.15$2.24$2.03$1.95$1.91$1.94$1.74$1.76$1.68$1.86$1.65$1.40$1.50$1.81$1.48$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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MKTXMarketAxess$234.90$319.5036.02%Hold
MCMoelis & Company$74.40$79.006.18%Buy
LAZLazard$52.74$53.671.76%Buy
SFStifel Financial$107.18$101.60-5.21%Buy
PIPRPiper Sandler Companies$312.19$292.00-6.47%Buy
HLIHoulihan Lokey$177.96$163.00-8.41%Hold
RJFRaymond James Financial$157.90$144.00-8.80%Buy
EVREvercore$290.20$263.00-9.37%Buy
IBKRInteractive Brokers Group$178.90$159.67-10.75%Buy
LPLALPL Financial$329.40$290.17-11.91%Buy
PWPPerella Weinberg Partners$24.50$15.50-36.73%Buy
PJTPJT Partners$159.44$79.50-50.14%Buy

MKTX Forecast FAQ

Is MarketAxess a good buy?

No, according to 11 Wall Street analysts, MarketAxess (MKTX) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 18.18% of MKTX's total ratings.

What is MKTX's price target?

MarketAxess (MKTX) average price target is $319.5 with a range of $314 to $325, implying a 38.90% from its last price of $230.03. The data is based on 11 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 38.90% (from the last price of $230.03 to the average price target of $319.5), up by 41.29% based on the highest stock price target, and up by 36.51% based on the lowest stock price target.

Can MarketAxess stock reach $300?

MKTX's average twelve months analyst stock price target of $319.5 supports the claim that MarketAxess can reach $300 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 $902.15M (high $944.84M, low $875.52M), average EBITDA is $505.94M (high $529.88M, low $491M), average net income is $307.87M (high $327.01M, low $294.36M), average SG&A $141.74M (high $148.45M, low $137.56M), and average EPS is $8.19 (high $8.7, low $7.83). MKTX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $987.43M (high $1.04B, low $952.6M), average EBITDA is $553.77M (high $582.95M, low $534.24M), average net income is $345.99M (high $369.69M, low $330.12M), average SG&A $155.14M (high $163.32M, low $149.67M), and average EPS is $9.2 (high $9.83, low $8.78).

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 $424.31M by -5.43%. The company's net income was $258.06M, beating the average estimation of $249.37M by 3.48%. Apple's SG&A was $66.03M, missing the average forecast of $119.27M by -44.64%. 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 $110.31M by -7.80%. MarketAxess's net income was $69.63M, beating the average estimation of $64.93M by 7.24%. The company's SG&A was $17.59M, missing the average forecast of $30.9M by -43.07%. Lastly, the company's EPS was $1.85, beating the average prediction of $1.73 by 7.16%