Overview
MarketAxess Holdings Inc. is a financial technology company based in the United States that operates in the financial sector, primarily focusing on the electronic trading platform industry. MarketAxess develops and runs platforms that facilitate the trading of fixed-income securities between institutional investors and broker-dealers globally. The company's key projects include the expansion of its electronic trading platform to incorporate more diverse bond types and international markets, aiming to enhance liquidity and market efficiency. MarketAxess is also heavily invested in automation tools and data analysis solutions, aiming to refine trading strategies and risk management processes for its clientele. These innovations reinforce its role in transforming the fixed-income market through technology-driven solutions.
Basic Stats
The share price of MarketAxess Holdings Inc. as of September 4, 2025 is €156.65 / share. This is an increase of 0.45% from the prior week. The market cap (or net worth) of MarketAxess Holdings Inc. as of September 4, 2025 is €5,861.23 MM.
The Factor Analysis chart (below right) shows a view of MarketAxess Holdings Inc. from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 5,861.23 MM |
| EV | |
| Shares Out. | 37.42 MM |
| Earnings Date | |
| EPS (TTM) | 5.96 |
| Dividend Yield | |
| Ex-Dividend Date | 2025-08-20 |
| Borrow Rate | |
| Short Shares Avail. | |
| Short Interest | |
| Short Float | |
| Days to Cover | |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | |
| Volatility (1 yr) | 0.15 |
| Beta | 0.22 |
| Sharpe Ratio (1 yr) | |
| Sortino Ratio (1 yr) |
| PE Ratio | |
| Price/Book | |
| Price/TBV | |
| Book/Market | |
| EBIT/EV | |
| EBIT(3yr avg)/EV | |
| ROA | 0.12 |
| ROE | 0.17 |
| ROIC | 0.15 |
| CROIC | 0.05 |
| OCROIC | 0.27 |
| Implied Volatility | |
| Put/Call OI Ratio |
| Growth | 66.98 /100 |
| Profitability | 87.72 /100 |
| Quality Score | 82.40 /100 |
| Value Score | |
| Momentum Score | |
| Stability (Low Vol) Score | 92.34 /100 |
| Analyst Sentiment | |
| Fund Sentiment | 71.30 /100 |
| Insider Sentiment | |
| Officer Sentiment | |
| Dividend Score | |
| QVM Score | |
| Piotroski F-SCORE | 6.00 /9 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for MarketAxess Holdings Inc.. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2025-04-08 | Piper Sandler | Neutral | Neutral | Maintains |
| 2025-04-07 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2025-04-07 | UBS | Buy | Buy | Maintains |
| 2025-04-02 | B of A Securities | Underperform | Underperform | Maintains |
| 2025-02-10 | Goldman Sachs | Neutral | Neutral | Maintains |
| 2025-02-07 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2025-02-07 | UBS | Buy | Buy | Maintains |
| 2025-02-07 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintains |
| 2025-01-13 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintains |
| 2025-01-13 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2025-01-07 | Piper Sandler | Neutral | Neutral | Maintains |
| 2024-12-20 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintains |
| 2024-12-09 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2024-11-11 | Deutsche Bank | Hold | Hold | Maintains |
| 2024-11-07 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintains |
| 2024-11-07 | UBS | Buy | Buy | Maintains |
| 2024-11-07 | Piper Sandler | Neutral | Neutral | Reiterate |
| 2024-10-17 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2024-10-08 | Piper Sandler | Neutral | Neutral | Maintains |
| 2024-10-07 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2024-10-04 | Citigroup | Buy | Buy | Maintains |
| 2024-10-03 | B of A Securities | Underperform | Underperform | Maintains |
| 2024-09-30 | Goldman Sachs | Neutral | Neutral | Maintains |
| 2024-08-15 | Deutsche Bank | Hold | Hold | Maintains |
| 2024-08-07 | Deutsche Bank | Hold | Hold | Maintains |
| 2024-08-07 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintains |
| 2024-08-06 | Piper Sandler | Neutral | Neutral | Reiterate |
| 2024-07-10 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2024-07-03 | Piper Sandler | Neutral | Neutral | Maintains |
| 2024-05-08 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2024-05-08 | UBS | Buy | Buy | Maintains |
| 2024-05-08 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintains |
| 2024-04-12 | Piper Sandler | Neutral | Neutral | Maintains |
| 2024-04-10 | B of A Securities | Underperform | Initiate | |
| 2024-04-09 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2024-04-08 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2024-02-01 | Goldman Sachs | Neutral | Neutral | Maintains |
| 2024-02-01 | Rosenblatt | Sell | Sell | Maintains |
| 2024-01-08 | Barclays | Overweight | Equal-Weight | Downgrade |
| 2023-12-06 | Citigroup | Buy | Buy | Maintains |
| 2023-10-27 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2023-10-26 | Citigroup | Buy | Buy | Maintains |
| 2023-10-26 | Barclays | Overweight | Overweight | Maintains |
| 2023-10-26 | Rosenblatt | Sell | Sell | Maintains |
| 2023-10-11 | Deutsche Bank | Hold | Hold | Maintains |
| 2023-10-10 | Barclays | Overweight | Overweight | Maintains |
| 2023-10-06 | UBS | Buy | Initiate | |
| 2023-10-05 | Rosenblatt | Sell | Sell | Maintains |
| 2023-10-03 | Goldman Sachs | Neutral | Neutral | Maintains |
| 2023-09-25 | Citigroup | Buy | Buy | Reiterate |
| 2023-09-07 | Rosenblatt | Sell | Sell | Maintains |
| 2023-07-25 | Morgan Stanley | Equal-Weight | Equal-Weight | Reiterate |
| 2023-07-21 | Rosenblatt | Sell | Sell | Reiterate |
| 2023-07-21 | Barclays | Overweight | Overweight | Maintains |
| 2023-07-13 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2023-07-13 | Barclays | Overweight | Overweight | Maintains |
| 2023-07-07 | Rosenblatt | Sell | Sell | Maintains |
| 2023-07-05 | Piper Sandler | Neutral | Neutral | Maintains |
| 2023-06-28 | Goldman Sachs | Neutral | Neutral | Maintains |
| 2023-06-28 | Barclays | Overweight | Initiate | |
| 2023-06-22 | Citigroup | Buy | Buy | Maintains |
| 2023-06-06 | Rosenblatt | Sell | Reiterate | |
| 2023-04-27 | Keefe, Bruyette & Woods | Market Perform | Maintains | |
| 2023-04-27 | Deutsche Bank | Hold | Maintains | |
| 2023-04-27 | Morgan Stanley | Equal-Weight | Maintains | |
| 2023-04-11 | Morgan Stanley | Equal-Weight | Maintains | |
| 2023-04-06 | Rosenblatt | Sell | Reiterate | |
| 2023-03-02 | Atlantic Equities | Neutral | Overweight | Upgrade |
| 2023-01-27 | Morgan Stanley | Equal-Weight | Maintains | |
| 2023-01-26 | Citigroup | Buy | Maintains | |
| 2023-01-26 | Keefe, Bruyette & Woods | Market Perform | Maintains | |
| 2023-01-26 | Credit Suisse | Neutral | Maintains | |
| 2023-01-26 | Goldman Sachs | Neutral | Maintains | |
| 2023-01-26 | Rosenblatt | Sell | Maintains | |
| 2023-01-12 | Keefe, Bruyette & Woods | Market Perform | Maintains | |
| 2023-01-11 | Morgan Stanley | Equal-Weight | Maintains | |
| 2022-12-07 | Credit Suisse | Neutral | Maintains | |
| 2022-11-15 | Deutsche Bank | Hold | Maintains | |
| 2022-10-21 | Morgan Stanley | Equal-Weight | Maintains | |
| 2022-10-21 | Credit Suisse | Neutral | Maintains | |
| 2022-10-20 | Deutsche Bank | Hold | Maintains | |
| 2022-10-20 | Rosenblatt | Sell | Maintains | |
| 2022-10-12 | Morgan Stanley | Equal-Weight | Maintains | |
| 2022-10-12 | Deutsche Bank | Hold | Maintains | |
| 2022-10-12 | Citigroup | Buy | Initiate | |
| 2022-10-06 | Credit Suisse | Neutral | Maintains | |
| 2022-10-06 | Rosenblatt | Sell | Maintains | |
| 2022-10-05 | Piper Sandler | Neutral | Maintains | |
| 2022-09-07 | Credit Suisse | Neutral | Maintains | |
| 2022-08-19 | Atlantic Equities | Neutral | Maintains | |
| 2022-08-17 | Rosenblatt | Sell | Initiate | |
| 2022-08-12 | Deutsche Bank | Hold | Maintains | |
| 2022-07-22 | Morgan Stanley | Equal-Weight | Maintains | |
| 2022-07-19 | Morgan Stanley | Equal-Weight | Maintains | |
| 2022-07-13 | Deutsche Bank | Hold | Maintains | |
| 2022-07-07 | Credit Suisse | Neutral | Maintains | |
| 2022-07-05 | Morgan Stanley | Equal-Weight | Maintains | |
| 2022-07-01 | Piper Sandler | Neutral | Maintains | |
| 2022-06-27 | Jefferies | Hold | Maintains | |
| 2022-06-10 | Atlantic Equities | Neutral | Maintains | |
| 2022-05-19 | Deutsche Bank | Hold | Maintains | |
| 2022-04-25 | Credit Suisse | Neutral | Maintains | |
| 2022-04-21 | Compass Point | Sell | Neutral | Upgrade |
| 2022-04-21 | Morgan Stanley | Equal-Weight | Maintains | |
| 2022-04-21 | Deutsche Bank | Hold | Maintains | |
| 2022-04-21 | Rosenblatt | Buy | Maintains | |
| 2022-04-14 | Rosenblatt | Buy | Maintains | |
| 2022-04-13 | Morgan Stanley | Equal-Weight | Maintains | |
| 2022-04-06 | Raymond James | Outperform | Market Perform | Downgrade |
| 2022-04-06 | Credit Suisse | Neutral | Maintains | |
| 2022-04-04 | Morgan Stanley | Equal-Weight | Maintains | |
| 2022-03-08 | Rosenblatt | Buy | Maintains | |
| 2022-02-18 | Deutsche Bank | Hold | Maintains | |
| 2022-02-15 | Credit Suisse | Neutral | Initiate | |
| 2022-02-10 | Morgan Stanley | Equal-Weight | Maintains | |
| 2022-02-08 | Atlantic Equities | Neutral | Initiate | |
| 2022-01-27 | Deutsche Bank | Hold | Maintains | |
| 2022-01-27 | Rosenblatt | Buy | Maintains | |
| 2022-01-27 | Compass Point | Neutral | Sell | Downgrade |
| 2022-01-20 | Rosenblatt | Buy | Maintains | |
| 2022-01-19 | Morgan Stanley | Equal-Weight | Maintains | |
| 2022-01-14 | Morgan Stanley | Equal-Weight | Maintains | |
| 2022-01-06 | Rosenblatt | Buy | Maintains | |
| 2022-01-06 | Raymond James | Outperform | Maintains | |
| 2022-01-05 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-12-07 | Rosenblatt | Buy | Maintains | |
| 2021-11-04 | Raymond James | Outperform | Maintains | |
| 2021-10-21 | Rosenblatt | Buy | Maintains | |
| 2021-10-21 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-10-08 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-10-06 | Raymond James | Outperform | Maintains | |
| 2021-09-15 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-07-22 | Deutsche Bank | Hold | Maintains | |
| 2021-07-22 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-07-19 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-07-13 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-07-07 | Piper Sandler | Neutral | Maintains | |
| 2021-07-07 | Raymond James | Outperform | Maintains | |
| 2021-06-07 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-06-03 | Piper Sandler | Neutral | Maintains | |
| 2021-06-03 | Rosenblatt | Buy | Maintains | |
| 2021-04-26 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-04-23 | Deutsche Bank | Hold | Maintains | |
| 2021-04-23 | Rosenblatt | Buy | Maintains | |
| 2021-04-12 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-04-09 | Deutsche Bank | Hold | Maintains | |
| 2021-04-06 | Piper Sandler | Neutral | Maintains | |
| 2021-04-06 | Raymond James | Outperform | Maintains | |
| 2021-03-31 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-02-03 | Rosenblatt | Buy | Maintains | |
| 2021-02-01 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-02-01 | Rosenblatt | Buy | Maintains | |
| 2021-01-19 | Rosenblatt | Neutral | Buy | Upgrade |
| 2021-01-11 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-01-06 | Rosenblatt | Neutral | Maintains | |
| 2020-12-21 | Morgan Stanley | Equal-Weight | Initiate | |
| 2020-12-03 | Rosenblatt | Neutral | Maintains | |
| 2020-11-06 | Rosenblatt | Neutral | Maintains | |
| 2020-10-28 | Rosenblatt | Neutral | Maintains | |
| 2020-10-06 | Rosenblatt | Neutral | Maintains | |
| 2020-09-10 | Credit Suisse | Neutral | Maintains | |
| 2020-07-23 | Piper Sandler | Neutral | Maintains | |
| 2020-07-09 | Deutsche Bank | Hold | Maintains | |
| 2020-06-09 | Credit Suisse | Neutral | Maintains | |
| 2020-06-03 | Rosenblatt | Neutral | Maintains | |
| 2020-05-15 | Deutsche Bank | Hold | Maintains | |
| 2020-04-09 | Deutsche Bank | Hold | Maintains | |
| 2020-03-31 | Deutsche Bank | Hold | Maintains | |
| 2020-03-24 | Goldman Sachs | Sell | Neutral | Upgrade |
| 2020-03-23 | Barclays | Equal-Weight | Overweight | Upgrade |
| 2020-03-18 | Deutsche Bank | Hold | Maintains | |
| 2020-03-13 | Raymond James | Market Perform | Outperform | Upgrade |
| 2020-03-05 | Deutsche Bank | Hold | Maintains | |
| 2020-01-30 | Deutsche Bank | Hold | Reiterate | |
| 2020-01-13 | Barclays | Equal-Weight | Maintains | |
| 2019-12-19 | Deutsche Bank | Hold | Maintains | |
| 2019-12-16 | Credit Suisse | Neutral | Initiate | |
| 2019-11-27 | Deutsche Bank | Hold | Maintains | |
| 2019-10-24 | Deutsche Bank | Hold | Maintains | |
| 2019-10-24 | Buckingham | Underperform | Maintains | |
| 2019-10-03 | Buckingham | Underperform | Maintains | |
| 2019-08-29 | Argus Research | Hold | Initiate | |
| 2019-08-14 | Deutsche Bank | Hold | Maintains | |
| 2019-06-28 | Barclays | Equal-Weight | Maintains | |
| 2019-06-12 | Buckingham Research | Neutral | Underperform | Downgrade |
| 2019-06-05 | Buckingham Research | Neutral | Maintains | |
| 2019-04-25 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2019-01-10 | Buckingham | Neutral | Initiate | |
| 2018-09-07 | Barclays | Equal-Weight | Initiate | |
| 2018-08-01 | Jefferies | Hold | Initiate | |
| 2018-07-24 | Compass Point | Neutral | Initiate | |
| 2018-04-12 | Keefe Bruyette & Woods | Outperform | Market Perform | Downgrade |
| 2018-01-22 | Raymond James | Outperform | Market Perform | Downgrade |
| 2018-01-08 | Goldman Sachs | Buy | Neutral | Downgrade |
| 2017-12-14 | Rosenblatt | Neutral | Initiate | |
| 2017-07-27 | Raymond James | Outperform | Maintains | |
| 2017-01-31 | Macquarie | Underperform | Neutral | Upgrade |
| 2017-01-25 | Credit Suisse | Underperform | Neutral | Upgrade |
| 2017-01-06 | Goldman Sachs | Buy | Initiate | |
| 2017-01-03 | Raymond James | Market Perform | Outperform | Upgrade |
| 2016-10-03 | Macquarie | Underperform | Maintains | |
| 2016-07-29 | Keefe Bruyette & Woods | Outperform | Maintains | |
| 2016-07-15 | Raymond James | Outperform | Market Perform | Downgrade |
| 2016-06-20 | William Blair | Market Perform | Initiate | |
| 2016-04-08 | Keefe Bruyette & Woods | Outperform | Maintains | |
| 2016-01-28 | Macquarie | Underperform | Maintains | |
| 2015-10-26 | Raymond James | Market Perform | Outperform | Upgrade |
| 2015-10-22 | Keefe Bruyette & Woods | Market Perform | Outperform | Upgrade |
| 2015-10-08 | Keefe Bruyette & Woods | Market Perform | Maintains | |
| 2015-09-09 | Keefe Bruyette & Woods | Market Perform | Maintains | |
| 2015-06-29 | Macquarie | Neutral | Underperform | Downgrade |
| 2015-04-14 | Keefe Bruyette & Woods | Market Perform | Maintains | |
| 2015-03-23 | Raymond James | Outperform | Market Perform | Downgrade |
| 2015-03-18 | Keefe Bruyette & Woods | Market Perform | Maintains | |
| 2015-01-29 | Keefe Bruyette & Woods | Market Perform | Maintains | |
| 2015-01-06 | Credit Suisse | Underperform | Maintains | |
| 2014-12-04 | Keefe Bruyette & Woods | Market Perform | Maintains | |
| 2014-10-09 | Keefe Bruyette & Woods | Market Perform | Maintains | |
| 2014-09-18 | Keefe Bruyette & Woods | Market Perform | Maintains | |
| 2014-07-24 | Raymond James | Market Perform | Outperform | Upgrade |
| 2014-05-13 | Credit Suisse | Underperform | Maintains | |
| 2013-07-26 | Raymond James | Strong Buy | Market Perform | Downgrade |
| 2013-07-24 | Credit Suisse | Underperform | Maintains | |
| 2013-04-15 | Raymond James | Market Perform | Strong Buy | Upgrade |
| 2013-03-07 | Sandler O'Neill | Hold | Initiate | |
| 2013-03-05 | BMO Capital | Market Perform | Maintains | |
| 2013-01-10 | Keefe Bruyette & Woods | Outperform | Market Perform | Downgrade |
| 2012-12-06 | BMO Capital | Market Perform | Maintains | |
| 2012-10-05 | BMO Capital | Market Perform | Initiate | |
| 2012-09-26 | Credit Suisse | Neutral | Underperform | Downgrade |
| 2012-09-06 | Stifel Nicolaus | Buy | Hold | Downgrade |
| 2012-06-05 | Stifel Nicolaus | Buy | Maintains | |
| 2012-02-24 | Stifel Nicolaus | Hold | Initiate | |
| 2025-08-25 | Argus Research | Hold | Buy | Upgrade |
| 2025-05-08 | Morgan Stanley | Overweight | Overweight | Maintains |
| 2025-05-08 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintains |
| 2025-05-08 | Piper Sandler | Neutral | Neutral | Maintains |
| 2025-05-08 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2025-05-08 | Citigroup | Buy | Buy | Maintains |
| 2025-07-10 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2025-08-07 | UBS | Buy | Buy | Maintains |
| 2025-08-07 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2025-08-11 | Jefferies | Hold | Hold | Maintains |
| 2025-07-15 | Piper Sandler | Neutral | Neutral | Maintains |
| 2025-07-15 | Morgan Stanley | Overweight | Overweight | Maintains |
