MarketAxess (MKTX) Stock Forecast, Price Target & Predictions


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MKTX Stock Forecast


MarketAxess (MKTX) stock forecast, based on 11 Wall Street analysts, predicts a 12-month average price target of $319.50, with a high of $325.00 and a low of $314.00. This represents a 45.90% increase from the last price of $218.99.

$150 $190 $230 $270 $310 $350 High: $325 Avg: $319.5 Low: $314 Last Closed Price: $218.99

MKTX Stock Rating


MarketAxess stock's rating consensus is Hold, based on 11 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (18.18%), 9 Hold (81.82%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 11 9 2 0 Strong Sell Sell Hold Buy Strong Buy

MKTX Forecast vs Benchmarks


TypeNameUpside
StockMarketAxess45.90%
SectorFinancial Services Stocks 2.38%
IndustryCapital Markets Stocks-5.05%

Price Target Trends


1M3M12M
# Anlaysts--4
Avg Price Target--$277.00
Last Closing Price$218.99$218.99$218.99
Upside/Downside--26.49%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 251410-116
Dec, 241410-116
Nov, 241410-116
Oct, 242491117
Sep, 242491117
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 17, 2024Michael CyprysMorgan Stanley$314.00$291.877.58%43.39%
Oct 03, 2024Chris AllenCitigroup$325.00$272.9819.06%48.41%
Apr 12, 2024Patrick MoleyPiper Sandler$237.00$216.559.44%8.22%
Apr 05, 2024Brian BedellDeutsche Bank$232.00$224.793.21%5.94%
Dec 07, 2022Credit Suisse$294.00$286.002.80%34.25%
Nov 15, 2022Deutsche Bank$240.00$265.40-9.57%9.59%
Aug 12, 2022Deutsche Bank$292.00$271.067.73%33.34%
Jul 22, 2022Morgan Stanley$315.00$275.7514.23%43.84%
Jul 19, 2022Morgan Stanley$325.00$268.2921.14%48.41%
Jul 13, 2022Deutsche Bank$284.00$259.469.46%29.69%
Latest Upgrade/Downgrade by Analysts

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 07, 2024BarclaysEqual-WeightEqual-Weighthold
Jul 30, 2024CitigroupBuyBuyhold
Jun 05, 2024CitigroupBuyBuyhold

Financial Forecast


EPS Forecast

$6 $7 $8 $9 $10 $11 $12 $13 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$8.01$6.88$6.68$6.87-----
Avg Forecast$7.76$6.84$6.63$6.74$7.22$8.04$9.22$10.38$11.90
High Forecast$7.44$6.57$6.26$6.53$7.17$7.59$8.68$10.17$11.52
Low Forecast$8.09$7.14$6.89$7.21$7.30$8.24$9.85$10.80$12.17
Surprise %3.22%0.58%0.75%1.93%-----

Revenue Forecast

$650M $760M $870M $980M $1B $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$689.13M$698.95M$718.30M$752.55M-----
Avg Forecast$685.02M$697.98M$718.10M$753.73M$817.26M$894.33M$990.95M$1.08B$1.15B
High Forecast$663.76M$676.32M$687.25M$739.42M$814.86M$881.21M$989.33M$1.07B$1.12B
Low Forecast$707.56M$720.95M$740.00M$783.60M$821.70M$905.71M$992.57M$1.09B$1.17B
Surprise %0.60%0.14%0.03%-0.16%-----

Net Income Forecast

$150M $220M $290M $360M $430M $500M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$299.38M$257.89M$250.22M$258.06M-----
Avg Forecast$289.52M$254.49M$248.74M$258.06M$272.57M$303.96M$345.42M$394.71M$448.08M
High Forecast$231.61M$203.60M$198.99M$206.44M$270.13M$285.92M$326.70M$382.83M$433.87M
Low Forecast$347.42M$305.39M$298.49M$309.67M$275.01M$310.38M$370.74M$406.60M$458.31M
Surprise %3.41%1.33%0.60%------

MKTX Forecast FAQ


Is MarketAxess stock a buy?

MarketAxess stock has a consensus rating of Hold, based on 11 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 2 Buy, 9 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that MarketAxess is a neutral investment for most analysts.

What is MarketAxess's price target?

MarketAxess's price target, set by 11 Wall Street analysts, averages $319.5 over the next 12 months. The price target range spans from $314 at the low end to $325 at the high end, suggesting a potential 45.90% change from the previous close price of $218.99.

How does MarketAxess stock forecast compare to the average forecast of its sector, industry, and investment themes?

MarketAxess stock forecast shows a 45.90% upside, outperforming the average forecast for the financial services stocks sector (2.38%) and outperforming the capital markets stocks industry (-5.05%).

What is the breakdown of analyst ratings for MarketAxess over the past three months?

  • January 2025: 6.25% Strong Buy, 25.00% Buy, 62.50% Hold, 0% Sell, 6.25% Strong Sell.
  • December 2024: 6.25% Strong Buy, 25.00% Buy, 62.50% Hold, 0% Sell, 6.25% Strong Sell.
  • November 2024: 6.25% Strong Buy, 25.00% Buy, 62.50% Hold, 0% Sell, 6.25% Strong Sell.

What is MarketAxess’s EPS forecast?

MarketAxess's average annual EPS forecast for its fiscal year ending in December is 7.22 for 2024, a 5.09% increase from the reported $6.87 in 2023. The prediction for 2025 is $8.04, $9.22 for 2026, $10.38 for 2027, and $11.9 for 2028.

What is MarketAxess’s revenue forecast?

MarketAxess's average annual revenue forecast for its fiscal year ending in December is $817.26M for 2024, a 8.60% increase from the reported $752.55M in 2023. The forecast for 2025 is $894.33M, $990.95M for 2026, $1.08B for 2027, and $1.15B for 2028.

What is MarketAxess’s net income forecast?

For its fiscal year ending in December, MarketAxess's average annual net income forecast is $272.57M for 2024, reflecting an 5.62% increase from the reported $258.06M in 2023. The projection for 2025 is $303.96M, $345.42M for 2026, $394.71M for 2027, and $448.08M for 2028.