Morgan Stanley raises MarketAxess target to USD 167: MarketAxess stock stays rated equal weight

Published on 10/20/2026 at 19:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 218.41 million, down 0.50 percent year over year. MarketAxess stock stands at EUR 146.48 on October 20, 2026 at 7:14 p.m. CEST in after-hours trading.

Analyst view and trading date

Morgan Stanley raised its MarketAxess target from USD 129.00 to USD 167.00 on October 9, 2026.
Second-quarter 2026 revenue was USD 218.41 million, down 0.50 percent year over year.
MarketAxess stock costs EUR 146.48 at Lang & Schwarz on October 20, 2026 at 7:14 p.m. CEST.
Shareholders are scheduled to vote on the ICE transaction on October 29, 2026.

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Morgan Stanley raised its price target for MarketAxess from USD 129.00 to USD 167.00 while maintaining an equal-weight rating in a research note dated October 9, 2026, as MarketBeat reported. MarketAxess stock stood at EUR 146.48 at Lang & Schwarz on October 20, 2026 at 7:14 p.m. CEST in after-hours trading.

Target moves above recent price

The new USD 167.00 target is USD 38.00 above Morgan Stanley's previous USD 129.00 target, a 29.46 percent increase. The equal-weight rating signals that the higher target did not change the firm's stated stance on the shares. The same report listed one Buy rating and 12 Hold ratings, with an average target of USD 159.90, according to MarketBeat.

Revenue dipped in second quarter

MarketAxess reported USD 218.41 million in second-quarter 2026 revenue, down 0.50 percent from the same quarter a year earlier. Earnings per share reached USD 1.95 against a USD 1.85 consensus estimate, a USD 0.10 beat, according to Markets Insider. The figures cover the quarter ended June 30, 2026.

Shareholder vote is next

MarketAxess shareholders are scheduled to vote on October 29, 2026, on the proposed acquisition by Intercontinental Exchange. The agreed terms call for USD 167.00 in cash per share at closing, as The Globe and Mail reported. The vote date gives the analyst target and the proposed transaction a common price reference, although the research rating remains equal weight.

MarketAxess trading frame

MarketAxess is listed on Nasdaq under the ticker MKTX. Its latest USD quote was USD 164.51 at 1:24 p.m. ET on October 20, 2026, with a market capitalization of USD 5.8 billion and a price-to-earnings ratio of 19.40. The 52-week range extended from USD 108.75 to USD 195.97 on the same market-data snapshot.

Stock price after hours

MarketAxess stock stood at EUR 146.48 at Lang & Schwarz on October 20, 2026 at 7:14 p.m. CEST in after-hours trading. The proposed cash consideration and the latest analyst target both stand at USD 167.00, while second-quarter revenue was USD 218.41 million.

The further course of trading is shown by the continuously updated real-time quote of MarketAxess stock.