Bearish Sentiments on Marketaxess Holdings and Toronto Dominion Bank

Wall Street analysts are bearish on top financial picks Marketaxess Holdings (MKTX) and Toronto Dominion Bank (TD). Bank of America Securities analyst Eli Abboud maintained a Sell rating on MKTX with a price target of $168.00, while Barclays analyst Brian Morton maintained a Sell rating on TD with a price target of C$97.00. TipRanks.com shows a Moderate Buy analyst consensus rating for MKTX with a $221.30 average price target and a Moderate Buy rating for TD with a $77.88 average price target.

MarketAxess Holdings (MKTX) has been under the spotlight recently, with analysts offering a mix of views and concerns. The stock, which operates an electronic trading platform for institutional investors, has seen a range of analyst ratings and technical signals that suggest caution for near-term investors.

Analysts at TipRanks.com have indicated a Moderate Buy consensus rating for MKTX, with an average price target of $221.30. However, Bank of America Securities analyst Eli Abboud maintains a Sell rating on MKTX with a price target of $168.00, reflecting a significant divergence in analyst opinions [1].

Technically, MarketAxess faces a weak outlook with a score of 2.98, indicating caution. This score is based on internal diagnostic tools that assess various technical indicators, such as bearish candlestick patterns and oversold conditions. The technical indicators show a clearly bearish bias, with weak momentum and potential for further declines [2].

Fundamentally, MarketAxess reported a profit of $2.00 EPS for the latest quarter, surpassing estimates, with a revenue of $219.46 million, representing an 11% increase year-over-year. The company announced a quarterly dividend of $0.76 per share, equating to an annual yield of 1.6%, to be paid on September 3rd. Despite these positive fundamentals, the stock's valuation remains high, with a Price-to-Sales (PS) ratio of 38.24, suggesting weak valuation [2].

Institutional investors have shown mixed interest in MarketAxess. While large and extra-large investors have seen positive inflows, small investors have shown negative flows. This divergence may hint at short-term retail caution versus long-term institutional confidence [2].

MarketAxess has seen positive overall fund flow with a total inflow ratio of 53.32%, indicating institutional and large investor interest. However, the stock's recent performance and technical indicators suggest avoidance for now. Investors are advised to wait for a clearer breakout or a pullback with stronger technical support before considering new positions [2].

In conclusion, MarketAxess Holdings is in a technical bear market, supported by weak momentum and bearish chart signals. While fundamentals and fund flows point to some institutional confidence, the stock’s recent performance and technical indicators suggest caution. Investors should monitor the stock for any positive shifts in the coming weeks, particularly after the ex-dividend date or during potential earnings-driven moves.

References:
[1] https://www.ainvest.com/news/stock-analysis-marketaxess-holdings-outlook-cautionary-technical-picture-mixed-analyst-signals-2508/
[2] https://www.marketbeat.com/instant-alerts/filing-marketaxess-holdings-inc-mktx-stock-holdings-lessened-by-hsbc-holdings-plc-2025-08-24/