Interactive BrokersIBKR
About: Interactive Brokers is an online brokerage that generates trading commissions (around 31% of net revenue) from facilitating trading in a wide range of products, including equity, options, futures, foreign exchange, bonds, mutual funds, and ETFs. Interactive Brokers also generates net interest income (about 64% of net revenue) from idle client cash and earns fees (about 6% of net revenue) from ancillary services. Principal trading and other miscellaneous activities are small (about 5% of net revenue). The firm derives about 70% of its net revenue from the U.S. and 30% from international markets.
Employees: 2,951
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
72% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 54
26% more repeat investments, than reductions
Existing positions increased: 230 | Existing positions reduced: 182
10% more capital invested
Capital invested by funds: $12.1B [Q2] → $13.3B (+$1.19B) [Q3]
6% more funds holding
Funds holding: 545 [Q2] → 577 (+32) [Q3]
4% more funds holding in top 10
Funds holding in top 10: 23 [Q2] → 24 (+1) [Q3]
10% less call options, than puts
Call options by funds: $125M | Put options by funds: $139M
4.44% less ownership
Funds ownership: 92.18% [Q2] → 87.74% (-4.44%) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Keefe, Bruyette & Woods Kyle Voigt 74% 1-year accuracy 20 / 27 met price target | 3%upside $195 | Market Perform Maintained | 13 Jan 2025 |
Barclays Benjamin Budish 77% 1-year accuracy 88 / 115 met price target | 18%upside $224 | Overweight Maintained | 13 Jan 2025 |
Citigroup Christopher Allen 81% 1-year accuracy 17 / 21 met price target | 16%upside $220 | Buy Maintained | 10 Jan 2025 |
Piper Sandler Patrick Moley 80% 1-year accuracy 35 / 44 met price target | 5%upside $200 | Overweight Maintained | 7 Jan 2025 |
Goldman Sachs James Yaro 0% 1-year accuracy 0 / 1 met price target | 3%upside $195 | Buy Maintained | 3 Dec 2024 |
Financial journalist opinion
Based on 31 articles about IBKR published over the past 30 days
