Added to YB: 2024-03-14
Pitch date: 2024-03-13
IBKR [neutral]
Interactive Brokers Group, Inc.
+138.2%
current return
Author Info
No bio for this author
Company Info
Interactive Brokers Group, Inc. operates as an automated electronic broker in the United States and internationally.
Market Cap
$28.3B
Pitch Price
$26.93
Price Target
N/A
Dividend
0.50%
EV/EBITDA
N/A
P/E
30.69
EV/Sales
N/A
Sector
Capital Markets
Category
N/A
Interactive Brokers $IBKR - Can a Tech-First Brokerage Move Upmarket?
IBKR: Broader market gains don't equate to broker success; growth tied to volatility, high rates, & risk-on environments generating fees. AUM lags behind giants, focusing on smaller funds with fewer prime choices due to branding & market position. Tech-first approach limits some costs but faces talent recruitment challenges post-market making exit. High '23 margins at 71% may face pressure from rate changes & margin call risks. Founder Peterffy's tech legacy & cash reserves build trust, but upmarket movement & shareholder returns are uncertain.
Read full article (6 min)