MarketAxess (MKTX) Expected to Announce Earnings on Thursday

Key Points

• MarketAxess is expected to report Q1 2026 results before the market opens on Thursday, May 7, with analysts projecting $2.08 EPS and $230.705 million in revenue; the earnings call is scheduled for 10:00 AM ET.
• In its last report (Feb. 6) MarketAxess missed estimates with $1.68 EPS and $209.41 million in revenue, and analysts now forecast about $8 EPS for the current fiscal year and $9 for the next.
• The stock trades near $160.77 with a market cap of $5.72 billion and a P/E of 24.14, and analyst coverage is broadly a consensus "Hold" with an average price target of $201.11.

MarketAxess (NASDAQ:MKTX - Get Free Report) is anticipated to release its Q1 2026 results before the market opens on Thursday, May 7th. Analysts expect MarketAxess to post earnings of $2.08 per share and revenue of $230.7050 million for the quarter. Interested persons may review the information on the company's upcoming Q1 2026 earning report for the latest details on the call scheduled for Thursday, May 7, 2026 at 10:00 AM ET.

MarketAxess (NASDAQ:MKTX - Get Free Report) last released its earnings results on Friday, February 6th. The financial services provider reported $1.68 EPS for the quarter, missing the consensus estimate of $1.72 by ($0.04). The firm had revenue of $209.41 million during the quarter, compared to analyst estimates of $214.06 million. MarketAxess had a net margin of 29.14% and a return on equity of 20.88%. The firm's quarterly revenue was up 3.5% on a year-over-year basis. During the same period last year, the business posted $1.73 earnings per share. On average, analysts expect MarketAxess to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

MarketAxess Stock Up 1.4%

NASDAQ MKTX opened at $160.77 on Thursday. The stock has a fifty day moving average of $174.43 and a 200-day moving average of $172.47. The stock has a market capitalization of $5.72 billion, a P/E ratio of 24.14, a price-to-earnings-growth ratio of 2.45 and a beta of 1.01. MarketAxess has a 52 week low of $155.34 and a 52 week high of $232.84. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.80 and a current ratio of 2.80.

Analyst Ratings Changes

Several research firms have recently commented on MKTX. Argus cut MarketAxess from a "buy" rating to a "hold" rating in a research note on Tuesday, March 17th. UBS Group decreased their price objective on MarketAxess from $240.00 to $225.00 and set a "buy" rating for the company in a research note on Friday, January 9th. Keefe, Bruyette & Woods assumed coverage on MarketAxess in a research note on Wednesday, April 8th. They set an "outperform" rating and a $195.00 price objective for the company. Piper Sandler decreased their price objective on MarketAxess from $180.00 to $175.00 and set a "neutral" rating for the company in a research note on Wednesday, January 14th. Finally, Morgan Stanley decreased their price objective on MarketAxess from $204.00 to $195.00 and set an "equal weight" rating for the company in a research note on Thursday, January 15th. Three investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $201.11.

Institutional Investors Weigh In On MarketAxess

A number of institutional investors have recently made changes to their positions in MKTX. Jones Financial Companies Lllp grew its stake in shares of MarketAxess by 151.0% during the first quarter. Jones Financial Companies Lllp now owns 2,683 shares of the financial services provider's stock worth $580,000 after purchasing an additional 1,614 shares during the period. Empowered Funds LLC lifted its holdings in MarketAxess by 8.4% during the first quarter. Empowered Funds LLC now owns 1,716 shares of the financial services provider's stock worth $371,000 after acquiring an additional 133 shares in the last quarter. Woodline Partners LP lifted its holdings in MarketAxess by 40.7% during the first quarter. Woodline Partners LP now owns 3,185 shares of the financial services provider's stock worth $689,000 after acquiring an additional 921 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in MarketAxess by 200.0% during the first quarter. Geneos Wealth Management Inc. now owns 120 shares of the financial services provider's stock worth $26,000 after acquiring an additional 80 shares in the last quarter. Finally, Sivia Capital Partners LLC bought a new position in MarketAxess during the second quarter worth about $406,000. 99.01% of the stock is owned by institutional investors and hedge funds.

About MarketAxess

MarketAxess Holdings Inc operates a leading global electronic trading platform specializing in fixed-income securities and related products. The company's network enables institutional investors and broker-dealers to trade corporate bonds, municipal securities, emerging markets debt, U.S. Treasuries and credit default swaps in an automated, multi-dealer environment. MarketAxess also offers portfolio trading, data analytics, best-execution tools and post-trade services to streamline workflows and enhance price discovery across its marketplace.

In addition to core voice-like trading protocols, MarketAxess provides Open Trading®, an anonymous, all-to-all trading protocol designed to improve liquidity and transaction efficiency.

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