Q3 EPS Estimates for MarketAxess Decreased by William Blair

MarketAxess Holdings Inc. (NASDAQ:MKTX - Free Report) - Equities research analysts at William Blair dropped their Q3 2025 earnings per share estimates for MarketAxess in a research report issued on Tuesday, July 15th. William Blair analyst J. Schmitt now anticipates that the financial services provider will post earnings of $1.81 per share for the quarter, down from their prior forecast of $1.84. William Blair currently has a "Outperform" rating on the stock. The consensus estimate for MarketAxess' current full-year earnings is $7.79 per share. William Blair also issued estimates for MarketAxess' Q4 2025 earnings at $1.72 EPS.

A number of other brokerages also recently weighed in on MKTX. UBS Group reiterated a "buy" rating and issued a $295.00 target price on shares of MarketAxess in a report on Tuesday, July 8th. Morgan Stanley lowered their price objective on shares of MarketAxess from $283.00 to $274.00 and set an "overweight" rating for the company in a research note on Tuesday, July 15th. Keefe, Bruyette & Woods increased their target price on shares of MarketAxess from $223.00 to $226.00 and gave the stock a "market perform" rating in a research note on Thursday, May 8th. Piper Sandler restated a "neutral" rating and issued a $204.00 price target (up from $202.00) on shares of MarketAxess in a report on Tuesday, July 15th. Finally, Wall Street Zen downgraded shares of MarketAxess from a "hold" rating to a "sell" rating in a research note on Sunday. Two analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $240.67.

MarketAxess Stock Down 0.8%

MarketAxess stock traded down $1.59 during trading hours on Thursday, reaching $208.84. 368,602 shares of the company's stock were exchanged, compared to its average volume of 498,992. The firm's 50 day simple moving average is $219.17 and its 200 day simple moving average is $215.15. MarketAxess has a twelve month low of $186.84 and a twelve month high of $296.68. The firm has a market capitalization of $7.83 billion, a PE ratio of 36.32, a PEG ratio of 2.75 and a beta of 0.85.

MarketAxess (NASDAQ:MKTX - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The financial services provider reported $1.87 EPS for the quarter, beating analysts' consensus estimates of $1.82 by $0.05. MarketAxess had a net margin of 26.57% and a return on equity of 19.93%. The company had revenue of $208.58 million for the quarter, compared to analyst estimates of $211.81 million. The company's quarterly revenue was down .8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.92 EPS.

Hedge Funds Weigh In On MarketAxess

Hedge funds have recently added to or reduced their stakes in the stock. HighTower Advisors LLC grew its holdings in MarketAxess by 7.6% during the fourth quarter. HighTower Advisors LLC now owns 1,205 shares of the financial services provider's stock worth $272,000 after buying an additional 85 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of MarketAxess by 2,176.6% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 21,446 shares of the financial services provider's stock worth $4,848,000 after acquiring an additional 20,504 shares in the last quarter. Generali Asset Management SPA SGR bought a new stake in shares of MarketAxess in the 4th quarter worth $2,657,000. Vinva Investment Management Ltd purchased a new stake in shares of MarketAxess in the fourth quarter valued at about $1,342,000. Finally, Magnetar Financial LLC lifted its position in shares of MarketAxess by 708.2% during the fourth quarter. Magnetar Financial LLC now owns 17,562 shares of the financial services provider's stock valued at $3,970,000 after purchasing an additional 15,389 shares in the last quarter. Institutional investors and hedge funds own 99.01% of the company's stock.

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.