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MKTX

MarketAxess Holdings Inc.

MKTX

NASDAQ·Financial Services·Financial - Capital Markets·Mkt cap $5.7B

$162.72

+0.16%

P/E

19.17

Mkt Cap

$5.7B

52-Wk Range

$108.75–$195.97

52-Week Range

$108.75 - $195.97

P/E

19.17

Fwd P/E

20.49

Beta

0.82

Div Yield

1.91%

Avg Vol

892.3K

Shares Out

35.5M

Mkt Cap

$5.7B

Price action

Price chart

Down 11.5% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • First-mover advantage in electronic bond trading
  • Advanced trading protocols
  • Extensive institutional network
  • Proprietary technology infrastructure

Bear Case

2 risks

  • Average volatility.
  • Premium valuation to Investment Banking & Capital Markets peers

Growth

Stable outlook

Digital transformation of fixed income markets

Value

Premium valuation to Investment Banking & Capital Markets peers

Momentum

Hot

+25.1% over 3m

Quality

Excellent

Strong fundamentals

Dividend

Modest

1.91% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 21, 2026

Q3 26 RECAP

JUL 30, 2026

Reported EPS of $1.95 vs $1.85 consensus (+5.4% surprise). Revenue of $218.0M vs $216.7M expected (+0.6%). Beat on both top and bottom lines.

EPS beat +5.4%
Rev beat +0.6%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+5.4%

Revenue trend · last 8Q

+3%

-1%

+11%

+1%

+2%

+13%

-3%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$206.7M

$202.4M

$206.9M

$224.3M

$210.6M

$207.4M

$233.4M

$218.4M

Margins · last 8Q

Gross

64.8%

Operating

41.1%

Profit

31.4%

Wall Street consensus

6 analysts · 17% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

17%

Hold

5

83%

Sell

0%

Median Price Target

Latest: UBS · Jul 31, 2026

vs Industry

How MKTX stacks vs Financial - Capital Markets

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.