Insider buying last 90 days
No open-market insider purchases were filed for MKTX in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every MKTX insider filing, plotted on the chart in Gekko.Open MKTX in Gekko
NASDAQ: MKTX
MarketAxess (MKTX) Stock Analysis & Forecast
Sep 28 close
$163.94−0.25 (−0.2%)
Gekko Brief
AI summaryThis week's action centers on MarketAxess's proposed sale to Intercontinental Exchange at $167.00 per share in cash, with shareholders set to vote on the acquisition on 29 October 2026. The stock has traded within a narrow band of that offer, closing at $163.94, roughly 1.9% to 2.2% below the takeover price in recent sessions. Alongside the deal news, law firms including Kahn Swick & Foti and Brodsky & Smith have disclosed investigations into the adequacy of the proposed price and the board's process. Separately, the company reported an EPS beat of $1.95 against a consensus estimate of $1.85 for the quarter ended 30 June 2026, even as revenue slipped 0.5% year-over-year to $218.41 million.
MarketAxess closed at $163.94, down 0.2%, sitting above both its 50-day average of $155.54 and 200-day average of $156.97. The GekkoIndex reads 44.6, placing the stock in the Distribution zone. Price sits 5.1% above Gekko Fair Value of $155.92, while the 52-week range spans $108.75 to $195.97.
The next earnings date is set for 6 November 2026, 38 days away and outside a typical 20-trading-day holding window, with the shareholder vote on the acquisition falling on 29 October 2026 within that span. No insider, Congress, or unusual options activity appears in the respective 90-day and 30-day windows. Seasonality over the next 20 trading days has averaged +0.9% across 5 years, rising in 2 of them. Consensus among 8 covering firms stands at hold, with a target of $158 implying downside of 3.6%.
Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.
MarketAxess price vs fair value
Close $163.94200-day averageGekko Fair Value $155.92
MarketAxess quick facts
- Market cap
- $5.77B
- P/E ratio
- 19.3
- Forward P/E
- 18.6
- EPS, TTM
- $8.47
- Revenue, TTM
- $870.0M
- Profit margin
- 35.2%
- Dividend yield
- 1.88%
- Beta
- 0.83
- Volume
- 965,156 avg 908,679
- 1-year return
- −8.0%
- Typical daily move
- ±0.2%
- Typical 20-day move
- ±6.8%
- 50-day average
- $155.54
- 200-day average
- $156.97
- Next earnings
- Nov 6
- Shares outstanding
- 35.20M
MarketAxess swing-trade checklist
MarketAxess scores 1 supportive, 2 mixed and 2 headwinds across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
1 supportive2 mixed2 headwinds
- Trendmixed
Averages disagree
Close $163.94 sits between the 50-day ($155.54) and 200-day ($156.97) averages, or the averages disagree.
See the chart - GekkoIndexheadwind
44.6, Distribution
Reading 44.6 is in the Distribution zone.
See the GekkoIndex - Fair valueheadwind
5.1% above
Price is 5.1% above Gekko Fair Value (more than 5% above).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings risksupportive
Reports in 38 days
Next report Nov 6, 2026, 38 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitymixed
+0.9% on average
From this point in the calendar, the next 20 trading days averaged +0.9% over 5 years, rising in 2 of them.
See seasonality
A description of current data, not a recommendation. How this page works
MarketAxess stock chart and price history
MarketAxess closed at $163.94 on Sep 28, 2026, −8.0% over the past year, inside a 52-week range of $108.75 to $195.97.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- +0.9%
- 3 months
- +49.1%
- 6 months
- −0.1%
- 1 year
- −8.0%
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About MarketAxess
MarketAxess runs an electronic marketplace where institutional investors and broker-dealers around the world trade fixed-income securities. Its platform covers a wide range of debt instruments, among them U.S. investment-grade and high-yield corporate bonds, U.S. Treasuries, municipal debt, emerging market bonds and Eurobonds. The company is particularly known for its Open Trading protocols, which let market participants transact corporate bonds anonymously on an all-to-all basis rather than through traditional one-to-one dealer relationships.
Alongside its trading venue, MarketAxess supplies tools meant to support the trading process itself. These include Composite+ pricing and other market data products, automated execution features, and workflow solutions that can be tailored to a client's needs. It also offers connectivity services for straight-through processing, along with trade matching, trade publication, regulatory reporting, and reference data covering various financial instruments, serving both pre-trade and post-trade needs of its institutional and broker-dealer customers.
The company was founded in 2000 and is headquartered in New York, New York. Its shares are listed on the NASDAQ under the ticker MKTX.
- Listed
- NASDAQ
- Sector
- Finance
- Industry
- Investment banks/Brokers
- Website
- marketaxess.com
MarketAxess GekkoIndex: the smart money zone
MarketAxess’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 44.6, in the Distribution zone, up 0.2 points over five sessions.
44.6Distribution
Up 0.2 points over five sessions.
Reading for Sep 28, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 94 | −0.2% | −4.4% | ||
| Accumulation | 278 | −0.4% | −0.1% | ||
| Neutral | 256 | +0.3% | +0.6% | ||
| Distribution (current zone) | 38 | −2.9% | −4.5% | ||
| Selling | 6 | Too few readings yet | |||
Average MKTX share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Distribution readings averaged +1.2% over 20 days. Past behaviour doesn’t guarantee future results.
Distribution zone: Institutions potentially offloading. About the five zones →
See every daily GekkoIndex reading plotted over the MKTX price, zone by zone.Track MKTX in Gekko
Is MarketAxess stock overvalued? Gekko Fair Value
MarketAxess trades 5.1% above Gekko Fair Value of $155.92, so the shares are overvalued on Gekko’s estimate.
Gekko’s own estimate of what MarketAxess shares are worth, recalculated every trading day.
$155.92
Gekko Fair Value, Sep 26, 2026
5.1% Overvalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open MKTX in Gekko
MarketAxess insider and Congress trading
No open-market insider purchases were filed for MarketAxess, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in MKTX were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for MKTX, plotted on the chart in Gekko.Open MKTX in Gekko
Buybacks
MarketAxess has been buying back its own shares.
- Latest authorization
- $400.0M, Feb 6, 2026
- Bought back, quarter ended Dec 31, 2025
- $300.0M
- As a share of market cap
- 5.20%
- Trailing four quarters
- $420.0M
From company filings.
MarketAxess earnings: next date and track record
MarketAxess reports on Nov 6, 2026 (38 days away), and beat the EPS estimate in 8 of its last 8 reports.
Next earnings report
Nov 6, 2026
38 days away
- EPS estimate
- $1.95
- Revenue estimate
- $219.8M
8 of 8reports beat the EPS estimate
±3.4%average move across the report
4 of 8reports followed by a gain
Share-price move across each report
Last earnings call, May 7, 2026 AI summary
- What they said
- MarketAxess reported record Q1 2026 total revenue of $233 million, up 12% year-over-year, driven by record trading ADV and 20% growth in non-U.S. credit segments. Commission revenue hit a record, services revenue grew 10%, and trailing 12-month free cash flow reached $316 million. New initiatives contributed ~50% of incremental revenue. Non-GAAP expenses grew a disciplined 8%. The company is expanding AI-driven data products and rolling out an enhanced X-Pro trading platform.
- Guidance
- Management flagged April headwinds including lower volatility, tighter credit spreads, strong new issuance activity, and tougher year-over-year comparisons pressuring trading volumes and market share. TRACE duplicate reporting inflated industry volumes by ~8%, understating MKTX's estimated U.S. high-grade market share by ~160 bps.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| May 7, 2026 | $2.25 est $2.15 | $233.0M est $231.9M | −0.9% |
| Feb 6, 2026 | $1.68 est $1.64 | $209.0M est $211.7M | +5.2% |
| Nov 7, 2025 | $1.84 est $1.68 | $208.8M est $207.4M | +2.1% |
| Aug 6, 2025 | $2.00 est $1.96 | $224.3M est $217.5M | −11.3% |
| May 7, 2025 | $1.87 est $1.81 | $208.6M est $210.1M | −1.2% |
| Feb 6, 2025 | $1.73 est $1.69 | $202.4M est $213.0M | +1.7% |
| Nov 6, 2024 | $1.90 est $1.85 | $206.7M est $207.2M | −1.7% |
| Aug 6, 2024 | $1.72 est $1.68 | $197.7M est $198.1M | +2.9% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
MarketAxess stock forecast and analyst price targets
Analysts’ average 12-month price target for MarketAxess is $158.00, −3.6% from the last close, from 8 firms rating the stock in the last 90 days.
$158.00consensus 12-month target, −3.6% from the last close
Now $163.94Avg $158.00
Low $128High $167
Each firm’s latest rating in the last 90 days: 8 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Aug 11 | KBW | $167 | +1.9% |
| Aug 10 | KBW | $167 | +1.9% |
| Aug 10 | Barclays | $167 | +1.9% |
| Jul 31 | William Blair | — | — |
| Jul 31 | Deutsche Bank | $167 | +1.9% |
−4.5%average 20-day move after past Distribution readings
+0.9%average move over the next 20 trading days in the last 5 years
±0.2%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
MarketAxess seasonality: the next 20 trading days
Over the next 20 trading days from Sep 29, MarketAxess averaged +0.9% across the last 5 years, rising in 2 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +3.4% | 3 of 5 |
| Next 10 trading days | +3.8% | 3 of 5 |
| Next 15 trading days | +3.7% | 3 of 5 |
| Next 20 trading days | +0.9% | 2 of 5 |
| Next 30 trading days | +4.5% | 3 of 5 |
For scale, MKTX’s typical 20-trading-day move in either direction is about 6.8%.
MarketAxess market cap and key statistics
MarketAxess’s market cap is $5.77B, with a P/E ratio of 19.3 and revenue of $870.0M over the last twelve months.
Valuation
- Market cap
- $5.77B
- P/E ratio
- 19.3
- Forward P/E
- 18.6
- EPS, TTM
- $8.47
- Gekko Fair Value
- $155.92
Trading
- Volume
- 965,156
- Avg volume, 20 days
- 908,679
- 52-week high
- $195.97
- 52-week low
- $108.75
- Shares outstanding
- 35.20M
Financials
- Revenue, TTM
- $870.0M
- Profit margin
- 35.2%
- Return on equity
- 23.1%
- Quarterly earnings growth, YoY
- +1.0%
Risk and income
- Beta
- 0.83
- Typical daily move
- ±0.2%
- Typical 20-day move
- ±6.8%
- Dividend yield
- 1.88%
MarketAxess stock news this week
Coverage of MarketAxess this week reads positive: 4 positive, 3 neutral and 0 negative headlines.
- MarketAxess stock heads into the open after a deal updateAD HOC NEWS, Sep 25
- MarketAxess stock reports an EPS beat as revenue slipsAD HOC NEWS, Sep 24
- MarketAxess Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of MarketAxess Holdings Inc. - MKTXBusiness Wire, Sep 24
- BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Werewolf Therapeutics, Inc. (Nasdaq – HOWL), Beazer Homes USA, Inc. (NYSE – BZH), Lantheus Holdings Inc. (Nasdaq – LNTH), MarketAxess Holdings Inc. (The Daily Tribune News, Sep 24
- BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Werewolf Therapeutics, Inc. (Nasdaq – HOWL), Beazer Homes USA, Inc. (NYSE – BZH), Lantheus Holdings Inc. (Nasdaq – LNTH), MarketAxess Holdings Inc. (Nasdaq – MKTX)GlobeNewsWire, Sep 24
- MarketAxess stock trades 1.9 percent below ICE offerAD HOC NEWS, Sep 23
MarketAxess peers
MarketAxess’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| GSGoldman Sachs | Accumulation | 13.7% below |
| SCHWCharles Schwab | Buying | 13.9% below |
| IBKRInteractive Brokers | Accumulation | 10.2% below |
| HOODRobinhood Markets | Neutral | 1.5% above |
| BNYBank of New York Mellon | Accumulation | 8.6% below |
| CMECME | Accumulation | 4.3% below |
A peer links to its own page where one exists.
MarketAxess stock FAQ
What is MarketAxess’s market cap?
MarketAxess’s market cap is $5.77B at the Sep 28, 2026 close of $163.94, with 35.20M shares outstanding. The shares trade on a P/E ratio of 19.3.
What is the MarketAxess stock forecast?
The consensus analyst 12-month price target for MarketAxess is $158.00, −3.6% from the last close. Of the 8 firms that rated the stock in the last 90 days, 0 rate it a buy, 8 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is MarketAxess stock overvalued or undervalued?
On Gekko’s estimate MarketAxess is overvalued: the Sep 28, 2026 close of $163.94 is 5.1% above Gekko Fair Value of $155.92. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does MarketAxess report earnings next?
MarketAxess is expected to report on Nov 6, 2026 (38 days away). Analysts expect earnings of $1.95 per share on revenue of $219.8M. MarketAxess beat the earnings estimate in 8 of its last 8 reports, moving 3.4% on average across the report.
What is MarketAxess’s 52-week high and low?
MarketAxess’s 52-week high is $195.97 and its 52-week low is $108.75; it closed at $163.94 on Sep 28, 2026, −8.0% over the past year. Over the last five years the shares peaked at $434.14 on Oct 5, 2021.
Is MarketAxess stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 1 of the 5 items with data read as supportive (earnings risk), 2 as mixed (trend and seasonality) and 2 as headwinds (gekkoindex and fair value). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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