MarketAxess Holdings Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for MKTX stock have an average target of 253.3, with a low estimate of 185 and a high estimate of 325. The average target predicts a decrease of -9.16% from the current stock price of 278.85.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$185	$253.3	$265	$325
Change	-33.66%	-9.16%	-4.97%	+16.55%

Analyst Ratings

The average analyst rating for MKTX stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	2	2	2	2	2	2
Buy	1	1	1	1	1	0
Hold	6	6	6	6	6	6
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	11	11	11	11	11	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Cyprys Morgan Stanley	Morgan Stanley	Hold Maintains $262 → $314	Hold	Maintains	$262 → $314	+12.61%	Oct 17, 2024
Patrick Moley Piper Sandler	Piper Sandler	Hold Maintains $235 → $265	Hold	Maintains	$235 → $265	-4.97%	Oct 8, 2024
Benjamin Budish Barclays	Barclays	Hold Maintains $237 → $268	Hold	Maintains	$237 → $268	-3.89%	Oct 7, 2024
Christopher Allen Citigroup	Citigroup	Strong Buy Maintains $310 → $325	Strong Buy	Maintains	$310 → $325	+16.55%	Oct 4, 2024
Eli Abboud B of A Securities	B of A Securities	Sell Maintains $193 → $185	Sell	Maintains	$193 → $185	-33.66%	Oct 3, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

839.79M

from 752.55M

11.59%

from 752.55M

Revenue Next Year

925.77M

from 839.79M

10.24%

from 839.79M

EPS This Year

7.40

from 6.85

8.01%

from 6.85

EPS Next Year

8.33

from 7.40

12.53%

from 7.40

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	511.35M	689.13M	698.95M	718.30M	752.55M	839.79M	925.77M	1.02B
Revenue Growth	17.40%	34.77%	1.43%	2.77%	4.77%	11.59%	10.24%	9.85%
EPS	5.40	7.85	6.77	6.65	6.85	7.40	8.33	9.47
EPS Growth	18.16%	45.37%	-13.76%	-1.77%	3.01%	8.01%	12.53%	13.79%
Forward PE	-	-	-	-	-	37.69	33.49	29.43
No. Analysts	-	-	-	-	-	17	17	14

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	883.6M	994.8M	1.1B
Avg	839.8M	925.8M	1.0B
Low	789.1M	850.0M	933.0M

Revenue Growth

Revenue Growth	2024	2025	2026
High	17.4%	18.5%	20.3%
Avg	11.6%	10.2%	9.9%
Low	4.9%	1.2%	0.8%

EPS Forecast

EPS	2024	2025	2026
High	7.95	9.09	10.40
Avg	7.40	8.33	9.47
Low	6.87	7.23	8.51

EPS Growth

EPS Growth	2024	2025	2026
High	16.0%	22.9%	24.9%
Avg	8.0%	12.5%	13.8%
Low	0.3%	-2.2%	2.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.