Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 2, 2026, MarketAxess Holdings Inc. (MKTX) has a Wall Street consensus price target of $190.33, based on estimates from 23 covering analysts. With the stock currently trading at $192.00, this represents a potential downside of -0.9%. The company has a market capitalization of $7.13B.
Analyst price targets range from a low of $164.00 to a high of $225.00, representing a 32% spread in expectations. The median target of $186.50 aligns closely with the consensus average.
The current analyst consensus rating is Hold, with 4 analysts rating the stock as a Buy or Strong Buy,15 rating it Hold, and 4 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, MKTX trades at a trailing P/E of 26.4x and forward P/E of 23.5x. The forward PEG ratio of 3.82 reflects a premium valuation. Analysts expect EPS to grow +37.9% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $235.74, with bear and bull scenarios of $177.07 and $365.78 respectively. Model confidence stands at 65/100, reflecting moderate uncertainty in projections.
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Start ComparisonWall Street's consensus price target for MKTX is $190.33, -0.9% from its current price of $192. The below-market target from 23 analysts suggests limited near-term appreciation.
MKTX has a consensus rating of "Hold" based on 23 Wall Street analysts. The rating breakdown is mixed, with 15 Hold ratings making up the largest segment. The consensus 12-month price target of $190.33 implies -0.9% downside from current levels.
MKTX trades at a forward P/E of 23.532x, representing a moderate valuation. With analysts targeting $190.33 (-0.9% implied move), the stock appears close to fair value.
The most bullish Wall Street analyst has a price target of $225 for MKTX, while the most conservative target is $164. The consensus of $190.33 represents the median expectation. Our quantitative valuation model projects a bull case target of $366 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
MKTX is well covered by analysts, with 23 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 4 have Buy ratings, 15 recommend Hold, and 4 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month MKTX stock forecast based on 23 Wall Street analysts shows a consensus price target of $190.33, with estimates ranging from $164 (bear case) to $225 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $236, with bear/bull scenarios of $177/$366.
Our quantitative valuation model calculates MKTX's fair value at $236 (base case), with a bear case of $177 and bull case of $366. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 65/100.
MKTX trades at a forward P/E ratio of 23.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 26.4x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Analysts are cautious on MKTX, with 4 Sell ratings and a price target of $190.33 (-0.9% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
MKTX analyst price targets range from $164 to $225, a 32% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $190.33 consensus represents the middle ground. Our model's $177-$366 range provides an independent fundamental perspective.