MarketAxess Holdings Inc. ($MKTX) Stock Forecast: Down 9.6% Today

What is MarketAxess Holdings Inc.?

MarketAxess (MKTX) is a financial technology company that operates an electronic trading platform for fixed-income securities. The company connects fixed-income market participants through its proprietary trading technology.

Why is MarketAxess Holdings Inc. going down?

MKTX stock is down 9.6% on Feb 5, 2025 17:46

• The bearish movement in MKTX today could be attributed to analysts' estimates of a decline in earnings for the company.
• The potential impact of lower U.S. high-yield trading on MKTX's Q4 earnings might have also contributed to the negative market sentiment.
• Investors may be cautious about MKTX's performance for the quarter ended December 2024, leading to a sell-off in the stock.

MKTX Price Chart

MKTX Technical Analysis

MKTX News

Wall Street's Insights Into Key Metrics Ahead of MarketAxess ( MKTX ) Q4 Earnings

Evaluate the expected performance of MarketAxess (MKTX) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

https://www.zacks.com/stock/news/2409993/wall-streets-insights-into-key-metrics-ahead-of-marketaxess-mktx-q4-earnings

Will Lower U.S. High-Yield Trading Affect MarketAxess' Q4 Earnings?

MKTX's fourth-quarter earnings are likely to have benefited from growing total trading volume and commissions.

https://www.zacks.com/stock/news/2409843/will-lower-us-high-yield-trading-affect-marketaxess-q4-earnings

Analysts Estimate MarketAxess ( MKTX ) to Report a Decline in Earnings: What to Look Out for

MarketAxess (MKTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

https://www.zacks.com/stock/news/2406772/analysts-estimate-marketaxess-mktx-to-report-a-decline-in-earnings-what-to-look-out-for

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MarketAxess Holdings Inc. Price History

29.07.2024 - MKTX Stock was up 3.9%

• MarketAxess is benefitting from increased trading volumes and the success of its Open Trading platform, leading to a strong bullish movement.
• The company's growth is supported by strategic acquisitions and partnerships.
• MarketAxess's strong cash-generating abilities are enhancing investor confidence in the stock.
• With a Zacks Rank #3 (Hold), investors are advised to consider holding MarketAxess stock given its promising market performance.

06.10.2024 - MKTX Stock was down 1.5%

• Despite beating earnings and revenue estimates for the third quarter, MarketAxess (MKTX) saw a significant bearish movement in its stock.
• Concerns about increased expenses offsetting the positive results may have contributed to the negative market response.
• Investors could be selling off shares to secure profits after a period of strong performance, leading to a temporary stock price decline post-earnings.
• The current bearish trend appears mostly driven by short-term market sentiment and profit-taking activities, rather than reflecting the company's fundamental performance.

05.08.2024 - MKTX Stock was up 7.2%

• MKTX stock surged by 5.5% since its last earnings report, indicating positive investor sentiment.
• The strong bullish movement could be attributed to optimistic earnings estimates and potential growth prospects for the company.
• Investors are likely encouraged by MKTX's performance and are optimistic about its future earnings potential, driving the stock higher today.

05.01.2025 - MKTX Stock was down 5.0%

• The bearish movement in MKTX today could be attributed to analysts' estimates of a decline in earnings for the company.
• Despite expectations of growing total trading volume and commissions benefiting MKTX's Q4 earnings, the lack of the right combination of key ingredients for a likely earnings beat may have disappointed investors.
• The uncertainty surrounding the impact of lower U.S. high-yield trading on MKTX's performance in the fourth quarter could have contributed to the bearish sentiment in the market.
• Investors might be cautious about the company's ability to meet earnings expectations amidst challenging market conditions, leading to the downward movement in MKTX's stock price today.

05.01.2025 - MKTX Stock was down 9.6%

• The bearish movement in MKTX today could be attributed to analysts' estimates of a decline in earnings for the company.
• The potential impact of lower U.S. high-yield trading on MKTX's Q4 earnings might have also contributed to the negative market sentiment.
• Investors may be cautious about MKTX's performance for the quarter ended December 2024, leading to a sell-off in the stock.

06.05.2024 - MKTX Stock was up 5.2%

• MarketAxess (MKTX) stock had a bullish movement as Citi maintained its target with a buy rating, indicating positive sentiment towards the company.
• The announcement of strong growth in total credit average daily volume (ADV) by 11.1% in May could have contributed to the bullish movement.
• Investors may be optimistic about the company's potential rebound after a recent 2.9% dip following the last earnings report.
• Overall, the positive news surrounding MarketAxess, including growth in trading volume and analyst recommendations, likely fueled the bullish momentum in the stock today.

29.04.2024 - MKTX Stock was down 5.1%

• The bearish movement in MKTX could be attributed to disappointing Q1 results, potentially falling short of market expectations.
• The mention of the "goldilocks" scenario in the US economy may have raised concerns about potential challenges or uncertainties ahead, impacting MKTX negatively.
• Investors might have reacted to specific details in an investor letter, leading to a sell-off in MKTX shares.
• Overall, the market's reaction suggests a cautious approach towards MKTX amidst broader economic optimism.

15.04.2024 - MKTX Stock was up 5.1%

• MarketAxess Holdings Inc. (MKTX) likely experienced a bullish movement today as investors are capitalizing on the sustainability surge, particularly in the renewable energy sector.
• The increased focus on clean energy investments and the push towards meeting climate goals globally have created opportunities for investors, leading to a positive sentiment in the market.
• The overall trend towards renewable energy stocks could have positively influenced MKTX's stock price, as investors seek to align their portfolios with companies that exhibit revenue and earnings growth in the green energy space.
• The growing interest in renewable energy stocks could have boosted investor confidence in MKTX, contributing to its strong bullish movement today.

12.05.2024 - MKTX Stock was up 5.1%

• MarketAxess (MKTX) experienced a strong bullish movement today, despite being down 2.9% since the last earnings report.
• The positive market movement could be attributed to investors' optimism about the company's future performance, possibly driven by favorable industry comparisons and potential for growth.
• The bullish trend might also be influenced by broader market factors or positive sentiment towards the financial technology sector as a whole.
• Despite the recent earnings report showing a decline, investors seem confident in MarketAxess's ability to rebound and potentially exceed expectations in the near future.

11.06.2024 - MKTX Stock was up 5.0%

• MarketAxess (MKTX) saw a significant bullish movement in the market recently.
• The company was given a "Sell" rating, which could have had a negative impact on its stock. However, MarketAxess reported an impressive Q2 trading volume surge of 142.8% year over year to $55 billion, which likely overshadowed the rating downgrade and contributed to the positive market movement.
• Investors seemed to focus more on the growth in trading volume, hinting at strong demand for the company's services and potentially enhancing market confidence in MarketAxess' future prospects.
• Despite the downgrade, the remarkable Q2 trading volume surge may have played a key role in outweighing any negative sentiment, ultimately leading to the bullish performance of MKTX stock.

02.07.2024 - MKTX Stock was up 5.6%

• MKTX witnessed a notable 11% surge in its stock value, reflecting a high level of investor trust.
• Potential factors for this positive movement include strong earnings performance, new partnerships, and increased trading activity on the platform.
• Investors seem hopeful about MKTX's future growth and its innovative solutions in the fixed-income securities sector, driving up its stock value.
• The unexpected uptick could also be influenced by market speculation or short-term trading maneuvers, contributing to the stock's upward trajectory.

06.07.2024 - MKTX Stock was up 5.4%

• MarketAxess Holdings reported Q2 2024 earnings per share of $1.72, meeting analyst estimates, but revenue of $197.66 million fell slightly short of expectations.
• The company's profit increased by 8% in the second quarter, driven by robust trading activity in high-grade corporate debt and government bonds, indicating strong market demand in these sectors.
• Despite revenue missing estimates, MarketAxess surpassed earnings and revenue expectations for the quarter, suggesting potential positive developments and growth prospects.
• The bullish movement in MKTX stock can be attributed to the company's solid financial performance, improved profit margins, and favorable market sentiment towards trading activities in high-grade credit and government bonds.