Added to YB: 2024-10-17
Pitch date: 2024-10-16
IBKR [bullish]
Interactive Brokers Group, Inc.
+75.89%
current return
Author Info
@TechFundies has been a tech investor for over 20 years and ran a $1b hedge fund for 10 years. Follow on Twitter.
Company Info
Interactive Brokers Group, Inc. operates as an automated electronic broker in the United States and internationally.
Market Cap
$28.3B
Pitch Price
$36.47
Price Target
178.00 (+177%)
Dividend
0.50%
EV/EBITDA
N/A
P/E
30.69
EV/Sales
N/A
Sector
Capital Markets
Category
growth
Interactive Brokers (IBKR) Gains Market Share with Strong Q3 Growth, Price Target Set at $178
IBKR: Q3 rev +19% to $1.4B, 72% margin. Accounts +28%, equity +46%. 2024 EPS ~$6.90. 2025 EPS $7.72 (100bps rate cut), PT $178 (+26%). 2026 EPS $8.32, PT $191 (+36%). Downside: recession, -28%/-21% to $110/$121. Strong growth in Europe/Asia. New products: 22hr trading, ForecastEx. Low headcount growth.
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