Update shared on08 Aug 2025
Fair value Decreased 8.16%MarketAxess Holdings’ fair value estimate was revised down as both the forward P/E multiple and consensus revenue growth expectations declined slightly, resulting in the analyst price target dropping from $238.08 to $220.58.
What's in the News
- MarketAxess Holdings is seeking M&A opportunities, citing a strong balance sheet and recent executive changes supporting such initiatives.
- Announced significant enhancements to dealer-initiated protocols, including the launch of Mid-X in US Credit and upgrades to the Dealer RFQ protocol; Mid-X volumes in emerging markets and eurobonds rose 70% year-over-year in Q2.
- Dropped from the Russell 1000 Dynamic Index.
- Launched the first fully electronic trading solution for Indian Government Bonds, enabling international investors to trade IGBs electronically alongside 29 other local markets on its platform.
Valuation Changes
Summary of Valuation Changes for MarketAxess Holdings
- The Consensus Analyst Price Target has fallen from $238.08 to $220.58.
- The Future P/E for MarketAxess Holdings has fallen slightly from 27.48x to 26.56x.
- The Consensus Revenue Growth forecasts for MarketAxess Holdings has fallen slightly from 8.7% per annum to 8.4% per annum.
Disclaimer
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