MarketAxess Holdings Inc. (MKTX) Stock Analysis
Score ABlue Chip · Grade A · Bearish
$143.28
$205.30
+43.3%
10/10
A
Blue Chip
Investment Thesis
Good opportunity: Solid company with good risk/reward at 5.5:1.
For New Investors
Quantitative score: high
For Current Holders
Quantitative score: neutral
Buy if
- Price drops 15-20% (improves asymmetry)
- Bull scenario catalysts materialize
- Market-wide correction creates opportunity
Sell if
- Bear scenario triggers occur
- Quality metrics deteriorate (ROIC declining)
- Better alternatives emerge
Valuation
Fair Value estimate: $205.30 (+43.3%). Significantly undervalued.
PEG-Based EPS
$214.91
FCF DCF Model
$214.91
EV/EBITDA
$187.46
Blended Fair Value
$205.30
Confidence
High
Methods
PEG-Based EPS, FCF 2-Stage DCF, EV/EBITDA
Quality Analysis
107/120 points
Investable
ROE (3Y Avg)
20.4%
ROIC-WACC Spread
4.8%
D/E Ratio
0.3x
Current Ratio
1.8x
Interest Coverage
235x
FCF Positive Years
3/3
Quality Flags
- Financial sector: alternative quality assessment applied
- Strong ROE: 20.4%
- Excellent efficiency
Market Sentiment
Wall Street Consensus
$195.00
+36.1% Upside
11 analysts
Range: $170.00 — $215.00
Rating: Buy
Our model aligns with Wall Street consensus.
Trend & Technical
Price ($143.04) is 17.0% below SMA 200 ($172.32). Bearish trend. Caution on entry.
Tech Score 29/100 — Very weak technicals. Multiple bearish signals active.
Risk & Reward
Asymmetry Ratio
5.49:1
Expected Return
+33.9%
Bull Upside
+54.9%
Bear Downside
-10.0%
Excellent asymmetry: 5.49:1 ratio. Upside significantly outweighs downside.
Verdict: Very Favorable
Scenario Analysis
Bear
Base
Bull
Buy Zone & Action Plan
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AI Executive Summary
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Technical Analysis
RSI, MACD, moving averages, trend signals, and momentum indicators.
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Frequently Asked Questions
What is the fair value of MKTX?
Based on our multi-method conviction analysis, the estimated fair value of MarketAxess Holdings Inc. (MKTX) is $205.30. This is calculated by blending PEG-Based EPS, FCF 2-Stage DCF, EV/EBITDA and applying a quality premium of 0% based on the company's fundamentals. The confidence level of this estimate is high.
Is MKTX a buy, sell, or hold?
MKTX currently has a BUY rating with a conviction score of 10/10. Good opportunity: Solid company with good risk/reward at 5.5:1. Quantitative score: high.
Is MKTX a high-quality stock?
MarketAxess Holdings Inc. has a quality grade of A (107/120 points), rated as Investable. Key metrics include ROE of 20.4%, ROIC-WACC spread of 4.8%, and D/E ratio of 0.3x.
What type of stock is MKTX?
MKTX is classified as a "blue_chip" in our framework. Mature growth: 6.3%, Moderate growth: 6.3%, Dividend paying: 2.1%, Strong ROE: 24.3%, Market-like beta: 0.92
What do Wall Street analysts say about MKTX?
11 Wall Street analysts have a consensus price target of $195.00 for MKTX, representing +36.1% upside. Targets range from $170.00 to $215.00. The consensus recommendation is "Buy". Our model aligns with Wall Street consensus.
What are the risks of investing in MKTX?
The risk/reward asymmetry ratio for MKTX is 5.49:1, rated as Very Favorable. Excellent asymmetry: 5.49:1 ratio. Upside significantly outweighs downside. The expected return is +33.9%, with bull case upside of +54.9% and bear case downside of -10.0%.
What is the current trend for MKTX?
MKTX is in a bearish trend. Price ($143.04) is 17.0% below SMA 200 ($172.32). Bearish trend. Caution on entry. The technical score is 29/100.
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Last updated: May 19, 2026 · Framework version 3.7
This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions.