Q2 Earnings Estimate for MarketAxess Issued By William Blair

MarketAxess Holdings Inc. (NASDAQ:MKTX) – Equities researchers at William Blair lifted their Q2 2025 earnings estimates for MarketAxess in a note issued to investors on Tuesday, July 15th. William Blair analyst J. Schmitt now anticipates that the financial services provider will earn $1.94 per share for the quarter, up from their previous estimate of $1.89. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for MarketAxess’ current full-year earnings is $7.79 per share.

Several other research analysts also recently commented on the stock. UBS Group reaffirmed a “buy” rating and issued a $295.00 price target on shares of MarketAxess in a research note on Tuesday, July 8th. Barclays reduced their price target on shares of MarketAxess from $240.00 to $237.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 10th. Morgan Stanley reduced their price target on shares of MarketAxess from $283.00 to $274.00 and set an “overweight” rating on the stock in a research note on Tuesday. Wall Street Zen raised shares of MarketAxess from a “sell” rating to a “hold” rating in a research report on Saturday, July 12th. Finally, Bank of America raised their target price on shares of MarketAxess from $189.00 to $191.00 and gave the company an “underperform” rating in a research report on Wednesday, April 2nd. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $240.67.

MarketAxess Price Performance

MKTX stock opened at $212.80 on Friday. The company has a market capitalization of $7.98 billion, a PE ratio of 36.60, a P/E/G ratio of 2.84 and a beta of 0.85. MarketAxess has a 12 month low of $186.84 and a 12 month high of $296.68. The firm’s 50-day moving average is $219.61 and its 200 day moving average is $215.34.

MarketAxess (NASDAQ:MKTX) last posted its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $1.87 EPS for the quarter, topping the consensus estimate of $1.82 by $0.05. The company had revenue of $208.58 million for the quarter, compared to the consensus estimate of $211.81 million. MarketAxess had a net margin of 26.57% and a return on equity of 19.93%. The firm’s revenue was down .8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.92 EPS.

Institutional Trading of MarketAxess

A number of institutional investors have recently modified their holdings of MKTX. Norges Bank bought a new stake in shares of MarketAxess in the 4th quarter valued at about $119,095,000. Millennium Management LLC boosted its holdings in shares of MarketAxess by 329.4% in the 1st quarter. Millennium Management LLC now owns 618,922 shares of the financial services provider’s stock valued at $133,904,000 after buying an additional 474,776 shares in the last quarter. FMR LLC boosted its holdings in shares of MarketAxess by 17.4% in the 4th quarter. FMR LLC now owns 2,300,536 shares of the financial services provider’s stock valued at $520,013,000 after buying an additional 341,493 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in MarketAxess by 11.4% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,298,409 shares of the financial services provider’s stock worth $519,533,000 after purchasing an additional 236,118 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in MarketAxess in the 4th quarter worth approximately $46,079,000. 99.01% of the stock is currently owned by institutional investors.

MarketAxess Company Profile

MarketAxess Holdings Inc, together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. The company offers trading technology that provides liquidity access in U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S.