DailyIQ
Last updated 1 hour ago

MKTX·MarketAxess Holdings Inc.

$.
-. (-.%)
High
$136.06
Open
$135.92
Market Cap
4.87B
52W High
$228.16
Low
$134.37
P. Close
$137.13
P/E
15.75
52W Low
$135.00
Fwd P/E
15.29
Mean Target
-
Technical Score (1D)
14
SELL
News Sentiment
53
MIXED
No summary available yet.
Earnings Summary
MarketAxess Holdings operates a leading electronic trading platform for fixed-income securities, connecting institutional investors and broker-dealers globally within the Capital Markets industry. The company facilitates trading across various debt instruments, including corporate bonds and government debt, leveraging its Open Trading protocols for anonymous, all-to-all transactions. MarketAxess also offers automated trading solutions and pre- and post-trade services to enhance the trading lifecycle for its clients. In its recent earnings history, MarketAxess demonstrated a mixed performance in EPS against analyst estimates. For Q4 2024, the company reported EPS of $1.73, exceeding the estimate of $1.6756, while Q1 2025 saw a significant miss with actual EPS of $0.40 against an estimate of $1.80628. The subsequent quarter, Q2 2025, showed a slight beat with actual EPS of $1.91 versus an estimate of $1.96172, followed by a beat in Q3 2025 with actual EPS of $1.84 compared to an estimate of $1.6808. Revenue trends have shown consistent year-over-year growth, with Q1 2026 revenue reaching $233.38 million, up from $208.58 million in Q1 2025. Analyzing the historical streak, MarketAxess has shown a pattern of revenue growth, even when EPS has faced challenges or missed estimates. For instance, Q1 2025 experienced a substantial EPS miss, yet revenue still grew compared to the prior year. The company has beaten EPS estimates in Q4 2024, Q3 2025, and Q1 2026, indicating some quarters of strong execution against expectations. However, the significant EPS miss in Q1 2025 stands out as a notable deviation from its estimated performance. Recent news highlights MarketAxess's dividend yield of 2.2%, which is higher than the industry average and the S&P 500, alongside a 2.6% year-over-year increase in its annualized dividend, suggesting a focus on returning value to shareholders. Despite a year-to-date stock price decline of 21.73%, the dividend growth remains a key factor for income-oriented investors. Furthermore, the company reported Q1 CY2026 revenue of $233.4 million, surpassing analyst expectations with an 11.9% year-on-year increase, driven by strong international product growth, particularly in emerging markets and Eurobonds. UBS reiterated a 'Buy' rating but lowered its price target from $225 to $215, indicating a moderated but still positive outlook. Looking ahead, investors will be watching for continued momentum in international product areas and the sustainability of revenue growth driven by strategic execution. Key will be the company's ability to maintain its dividend growth trajectory and how this income component influences investor sentiment amidst ongoing market performance. Additionally, the market will observe if MarketAxess can consistently meet or exceed EPS estimates in upcoming quarters, particularly following the significant miss in Q1 2025.

EPS

EstBeatMiss
$0.12$0.72$1.32$1.93$2.53Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$1.94 - -
Q1'26$2.15$2.25+4.4%
Q4'25$1.68$1.68+0.1%
Q3'25$1.68$1.84+9.5%
Q2'25$1.96$1.91-2.6%
Q1'25$1.81$0.40-77.9%

Revenue

EstBeatMiss
$204M$213M$222M$231M$240MQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$224M - -
Q1'26$236M$233M-1.0%
Q4'25$217M$209M-3.6%
Q3'25 - $209M -
Q2'25 - $219M -
Q1'25 - $209M -

Market Data

MKTX Stock Snapshot

MKTX is currently trading at $135.71, giving MarketAxess Holdings Inc. a market cap of 4.87B and a P/E ratio of 15.8. Today's range spans $134.37–$136.06, with shares opening at $135.92 and moving down $1.42 (1.0%) from the prior close. DailyIQ's technical score sits at 14/100 (SELL) with a news sentiment reading of 53/100.

Over the past year MKTX has traded between $135.00 and $228.16 - the current price is +0.5% off the 52-week low and -40.5% from the high.

MarketAxess Holdings Inc. (MKTX) is a small-cap in Financial Services with 4.87B in capitalization. Right now the technical read is 14/100 (SELL), sentiment is neutral at 53/100, and the stock trades at $135.71 (near 52-week lows). The current P/E ratio stands at 15.8. In small-cap Financial Services stocks, mean-reversion can happen quickly - but it typically needs a catalyst. The 52-week range of $135.00–$228.16 frames where the stock needs to recover to before the setup improves technically.

For MKTX (small-cap, Financial Services, 4.87B market cap), the SELL technical reading (14/100) and neutral news sentiment (53/100) at $135.71 (near 52-week lows) describe a stock where the cost of patience is higher than in large-cap equivalents — thin float dynamics mean that time spent waiting for a catalyst can erode position value without the passive bid support that larger names receive. The $135.00–$228.16 annual range defines the structural stakes.

Recent News Coverage

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