CleaRank Financial AI • AI-powered analysis using real-time market data from TwelveData
Analysis reviewed by Kate Leaman, Financial Journalist and Market Analyst. Data refreshed daily. Not financial advice.
MarketAxess Holdings Inc. (MKTX) is currently trading at $164.50, a level that has surpassed its 50-day and 200-day simple moving averages, indicating positive short-term momentum. The company's strong profitability, evidenced by a 35.22% net profit margin and a 23.14% return on equity, is a key strength. However, revenue growth has recently turned negative at -0.5%, and the stock's price-to-sales ratio of 6.65 is significantly higher than the sector median of 3.8. This premium valuation, coupled with a median analyst price target of $167 offering only 1.5% upside, supports a cautious outlook. Despite the current overbought RSI reading of 76.68, the stock's technicals remain strong with the price above key moving averages. The primary risk lies in the company's decelerating revenue growth and its premium valuation, which may limit further upside potential. While the company operates efficiently with a high operating margin of 41.86%, investors should monitor future revenue trends and competitive pressures within the capital markets sector.
MKTX at a glance
MarketAxess Holdings Inc. (MKTX): Hold, 50/100 on CleaRank's AI score.
TrendUp: the price is above both its 50- and 200-day moving averages ($163.23 and $156.02).
EarningsMKTX beat estimates in 3 of its last 3 quarters, yet fell the next day after 2 of those beats.
InsidersInsiders sold $2.4M and made no open-market purchases over the last 18 months.
ValuationP/E of 19.4 against 16.5 for the Financial Services sector: broadly in line with peers (+18%).
As of October 15, 2026, MarketAxess Holdings Inc. (MKTX) trades at $164.50. Wall Street's consensus target is $167.00 across 12 analysts. The 14-day RSI (daily closes) is 77, in overbought territory, and the price is above its 50-day simple moving average of $163.23.
Figures as of October 15, 2026.
Only on CleaRank
Figures we compute ourselves from MKTX's own price, earnings and insider-filing history. Tap one to see it in context.
Valuation is broadly in line with sector peers (18% difference), suggesting fair market pricing relative to industry standards.
MKTX Financial Performance
Revenue vs. Earnings
Annual
Quarterly
Earnings Reality Check
In the last 3 quarters, MKTX beat the analyst estimate 3 times; the stock fell in the first session after 2 of those beats.
MKTX earnings surprises and the stock's reaction
Report
EPS estimate
EPS actual
Surprise
First session
5 sessions
Jul 30, 2026
$1.86
$1.95
+4.84%
-0.28%
-0.09%
May 7, 2026
$2.18
$2.20
+0.92%
-3.36%
-7.96%
Feb 6, 2026
$1.66
$2.51
+51.20%
+5.48%
+10.49%
The first session is the first full trading day on the news: the report day itself for a report before the open, the next day for one after the close. Surprise is actual EPS against the consensus estimate.
As of October 15, 2026, MKTX has beaten the analyst EPS estimate in 3 of its last 3 reported quarters and fell in the first trading session after 2 of those beats; its latest report, on July 30, 2026, came in 4.84% above the estimate and the stock moved -0.28% in the first session.
MKTX Analysis
Company's Health4/5
12-Month Analyst Target+1.52% above price
Median of 12 analysts (12-month)
$167.00
AI Analyst Consensus ScoreHold
MarketAxess Holdings Inc. is trading above its 50-day SMA of $163.23 and its 200-day SMA of $156.02, indicating an uptrend. The 14-day RSI is at 76.68, signaling an overbought condition that could precede a pullback. The MACD is positive at 1.06, suggesting bullish momentum, and the price is also above its 20-day EMA of $163.82. Key support levels are near the 50-day SMA at $163.23, while resistance is observed around the current price and the median analyst target of $167. Trading volume has been above its average, with the latest volume at 858,000 compared to an average of 626,700, suggesting increased investor interest. The current technical setup points to continued strength in the near term, but the overbought RSI warrants caution for potential short-term consolidation.
Key Catalysts
BullishContinued Strong Earnings Performance
Sustained ability to meet or exceed EPS estimates, as seen in recent quarters, could support the current stock price and potentially drive further upside.
Source: Earnings Reports
BearishRevenue Growth Deceleration
The recent negative revenue growth (-0.5%) poses a significant risk to the company's premium valuation and future growth prospects.
Source: Company Filings
NeutralInsider Selling Activity
Moderate insider selling totaling $2.4 million across recent filings, with no reported purchases, suggests some caution among management regarding the stock's current valuation.
Source: Insider Transactions
NeutralOverbought Technical Conditions
The 14-day RSI at 76.68 indicates the stock is in overbought territory, which could lead to a short-term price correction.
Source: Technical Analysis
Market Outlook
The outlook for MarketAxess Holdings Inc. is cautiously optimistic, with the stock trading above key moving averages and demonstrating strong profitability. The company's ability to maintain its premium valuation will depend on its capacity to reignite revenue growth and fend off competition. Potential catalysts for upside include continued strong earnings performance and market share gains. However, risks such as a slowdown in trading volumes, increased competition, or regulatory changes could pressure the stock.
Key Statistics
Market Cap
5.79B
P/E Ratio
19.44
EPS (TTM)
8.46
Dividend Yield
1.88%
52 Week High
195.97
52 Week Low
108.75
As of October 15, 2026, MKTX trades at $164.50, with a market value of $5.79B, a P/E ratio of 19.44 and a dividend yield of 1.88%.
MarketAxess Holdings Inc. exhibits strong profitability with a net profit margin of 35.22% and a return on equity of 23.14%, significantly outperforming sector averages. However, its price-to-sales ratio of 6.65 is considerably higher than the sector median of 3.8, indicating a premium valuation. The company's debt-to-equity ratio of 0.14 is well within industry norms, and its revenue growth has recently contracted by 0.5%, contrasting with the sector's median growth of 11.7%. The current valuation suggests that investors are pricing in significant future growth, which may be challenged by the recent deceleration in revenue. While the company's operational efficiency is high, the elevated price-to-sales ratio warrants careful consideration, especially given the negative revenue growth trend. Investors should assess whether the company's growth prospects justify its current market valuation compared to peers.
Earnings & Growth Analysis
MarketAxess Holdings Inc. most recently reported earnings on July 30, 2026, with an EPS of $1.95, beating the estimate of $1.86 by 4.84%. This followed a slight beat in the prior quarter and a significant EPS beat of 51.2% in February 2026. The company has demonstrated a consistent ability to meet or exceed analyst expectations, although the stock experienced a minor price decline of -0.28% following the latest earnings report. Revenue growth has recently turned negative, which warrants monitoring in future earnings calls.
Key Risks
The primary risk for MarketAxess Holdings Inc. is its premium valuation, reflected in a high price-to-sales ratio of 6.65 compared to the sector median of 3.8, especially given recent negative revenue growth. Additionally, the stock is trading in overbought territory according to its 14-day RSI, suggesting a potential for a short-term pullback. Insider activity shows a moderate sell signal, with $2.4 million in sales versus no reported purchases, which could indicate some caution among management.
Technical Indicators i
RSI (14-day)
76.68
MACD (12, 26)
1.06
SMA (50-day)
163.23
SMA (200-day)
156.02
Technical RatingBullish
RSI
Overbought
SMA Cross
Bullish
Price vs SMA
Bullish
MACD
Bullish
Golden Cross in effect with the 50-day SMA ($163.23) above the 200-day SMA ($156.02), price action is firmly bullish above key moving averages, RSI at 76.7 indicates overbought conditions; consider caution for immediate entries.
As of October 15, 2026, with MKTX at $164.50, its 14-day RSI is 76.7 (overbought territory), its 50-day simple moving average is $163.23 and its 200-day is $156.02.
Calculated by CleaRank on daily closes as of October 15, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
Market Correlations
How this stock moves relative to other assets
Based on 1 year of daily price data. Correlations may vary over different time periods.
S&P 500 (SPY)-0.06
Weak correlation
Nasdaq 100 (QQQ)-0.09
Weak correlation
Bitcoin (BTC)+0.07
Weak correlation
Gold (XAU)+0.07
Weak correlation
As of October 15, 2026, MKTX's 1-year correlation of daily returns is -0.06 with S&P 500 (SPY), -0.09 with Nasdaq 100 (QQQ), +0.07 with Bitcoin (BTC) and +0.07 with gold (XAU).
Check Custom Correlation
How does any other asset move with MKTX? One year of daily closes, Pearson correlation.
Try
MKTX Wall Street View
12-month price targets
Low $124.00Median $167.00 (+1.5%)High $167.00
Ratings
Buy 0Hold 12Sell 03 months ago: 1 of 12 buy
Recent rating actions
Recent analyst rating actions on MKTX
Date
Firm
Action
Rating
Oct 9, 2026
Morgan Stanley
Maintains
Equal-Weight
Aug 11, 2026
Keefe, Bruyette & Woods
Downgrade
Market Perform
Aug 10, 2026
Barclays
Maintains
Equal-Weight
Jul 31, 2026
UBS
Downgrade
Neutral
Jul 15, 2026
Piper Sandler
Maintains
Neutral
Jul 10, 2026
Morgan Stanley
Maintains
Equal-Weight
As of October 15, 2026, 12 Wall Street analysts cover MKTX: 0 rate it a buy or strong buy, 12 a hold and 0 a sell or strong sell. Their 12-month price targets range from $124.00 to $167.00, with a median of $167.00, 1.5% above the price of $164.50.
Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.
MKTX Trade Plans
Specific entry, exit, and risk management levels
Select Your Trade Bias
Risk Tolerance
Conservative2%Aggressive
Portfolio Value
$
Position Size: Enter portfolio size →
Entry Strategies pick an entry style
Conservative
$162.86
Slight discount to current
Wait for small dip
Aggressive
$164.50
At current price
Enter now if confident
Risk Management
STOP LOSS
$156.99
MAX LOSS
-3.6%
Volatility-Adjusted Stop Loss
Calculated based on RSI (76.7) and current market volatility
These levels come from MKTX's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Growth of $10,000
A $10,000 investment in MKTX in October 2016 would be worth about $10,802 today, compared with about $36,237 for the same investment in the S&P 500 benchmark. This is price change only; dividends paid along the way would add to it.
Compare with Another Ticker
MKTX Drawdowns & Recovery
Worst fall, last 10 years
-80.6%
February 2021 to June 2026
Recovery
Not yet
still 71.6% below the February 2021 peak
From the 10-year high
-71.6%
highest close, February 2021
1-year holds that gained
48%
of every 1-year window
As of October 15, 2026, MKTX's worst peak-to-trough fall over the last 10 years was -80.6% (February 2021 to June 2026); it is still 71.6% below that peak, and 48% of 1-year holding periods ended with a gain.
From weekly closing values. A drawdown is the fall from the highest value reached so far to a later low.
Monte Carlo Projection (10yr)
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in MKTX today could grow to about $14,183 by 2036 in the base case, with a 90th-percentile outcome near $55,756 and a 10th-percentile outcome around $3,608. The simulation models price only; at today's 1.88% yield, dividends would add to these figures. Projections are statistical simulations, not guarantees.
MKTX Stock Price Prediction: 2030
CleaRank's simulation projects a price near $189 for MKTX by 2030 in the base case, from $165 today (1.2x over 4 years). The 10th-percentile path ends near $79.59. These are outcomes of a Monte Carlo simulation run on MKTX's historical return distribution, not price targets, and they assume no dividends are reinvested.
MKTX simulated price paths by year
Year
10th percentile
Base case
90th percentile
2027
$110
$170
$263
2028
$95.64
$176
$325
2029
$86.31
$183
$387
2030
$79.59
$189
$450
2031
$74.41
$196
$516
Method: a lognormal simulation of MKTX's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.
As of October 15, 2026, MKTX insiders reported 15 open-market sales worth $2.4M and no open-market purchases over the last 18 months; grants and option exercises are not counted.
Recent insider transactions in MKTX
Date
Insider
Type
Shares
Value
Sep 10, 2026
CRUGER WILLIAM FRANK JR
Director
Sell
6.2K
$1.0M
Sep 10, 2026
PINTOFF SCOTT
General Counsel
Sell
100
$16.3K
Aug 12, 2026
PORTNEY EMILY HOPE
Director
Grant
2.1K
-
Aug 10, 2026
PINTOFF SCOTT
General Counsel
Sell
100
$16.3K
Aug 7, 2026
CHWICK JANE P
Director
Grant
606
-
Jul 10, 2026
PINTOFF SCOTT
General Counsel
Sell
100
$11.5K
Jun 18, 2026
HERNANDEZ CARLOS MAURICIO
Director
Grant
10.7K
-
Jun 10, 2026
PINTOFF SCOTT
General Counsel
Sell
100
$11.6K
Jun 10, 2026
ALTOBELLO NANCY A.
Director
Grant
1.4K
-
Jun 10, 2026
BEGLEITER STEVEN L
Director
Grant
1.4K
-
Page 1 of 1
Frequently Asked Questions
How does MarketAxess Holdings Inc. compare to its sector averages?
MarketAxess Holdings Inc. significantly outperforms its Financial Services sector peers in profitability, with a Return on Equity of 23.14% versus the sector median of 13.8% and a Net Profit Margin of 35.22%. However, its Price-to-Sales ratio of 6.65 is substantially higher than the sector median of 3.8, indicating a premium valuation.
What are the key technical indicators for MarketAxess Holdings Inc. stock?
MarketAxess Holdings Inc. is trading above its 50-day and 200-day moving averages ($163.23 and $156.02) and its 20-day EMA, indicating a bullish trend. The 14-day RSI is at 76.68, signaling an overbought condition, while the MACD is positive at 1.06, suggesting continued bullish momentum.
What are the recent earnings trends for MarketAxess Holdings Inc.?
MarketAxess Holdings Inc. has consistently met or exceeded EPS estimates in recent quarters, including a 4.84% beat in its latest report on July 30, 2026. However, the company has experienced a recent contraction in revenue growth, which is a point to monitor.
What are the main risks facing MarketAxess Holdings Inc.?
Key risks include the company's premium valuation, evidenced by a high price-to-sales ratio, and recent negative revenue growth. The stock's overbought 14-day RSI reading also suggests potential for a short-term correction, and insider selling indicates some caution from management.
Does MKTX pay a dividend?
Yes. As of October 15, 2026, MKTX's dividend yield is 1.88%, or about $3.10 per share a year at the current price of $164.50. Yields move with the share price and with changes to the payout.
Are insiders buying or selling MKTX?
Selling, on balance. In the last 18 months, MKTX's officers, directors and large holders reported 15 sales worth $2.4M and 0 open-market purchases worth $0. Grants and option exercises are not counted as buying.
What is the analyst price target for MKTX?
As of October 15, 2026, the 12 Wall Street analysts covering MKTX have 12-month targets from $124.00 to $167.00, with a median of $167.00, 1.5% above the current price of $164.50. 0 rate it a buy or strong buy, 12 a hold and 0 a sell or strong sell. Three months ago 1 of 12 rated it a buy.
What is MKTX's biggest drop in the last 10 years?
MarketAxess Holdings Inc. (MKTX)'s worst peak-to-trough fall over the last 10 years was -80.6%, from February 2021 to June 2026. It has not regained that peak yet and is still 71.6% below it. Over the same period, 48% of 1-year holding periods ended with a gain.
What are MKTX's best and worst months?
Over the last 10 years, October has been MKTX's strongest month on average (+5.86%, rising in 6 of 9 years) and September its weakest (-6.49%, rising in 2 of 10 years). Seasonal averages describe the past and do not predict a given year.
How closely does MKTX move with the stock market?
Over the past year MKTX's daily returns were weakly inversely correlated with the S&P 500 (SPY) (-0.06). Nasdaq 100 (QQQ): -0.09; Bitcoin (BTC): +0.07; Gold (XAU): +0.07. A figure near +1 means the two usually move together; near 0 means little relationship.
