- Interactive Brokers expands its cryptocurrency trading options, adding Chainlink, Avalanche, and Sui.
- Analysts project a potential 44.79% upside in Interactive Brokers' stock from the current price.
- GuruFocus estimates suggest a 35.44% downside based on the stock's GF Value.
Interactive Brokers (IBKR, Financial) is broadening its reach in the digital currency market by introducing new offerings such as Chainlink, Avalanche, and Sui to its trading platform. These cryptocurrencies can now be traded through Zero Hash LLC accounts, with competitive trading commissions that range from 0.12% to 0.18%, depending on the trading volume.
Wall Street Analysts' Forecast
According to the insights provided by nine analysts, the average one-year price target for Interactive Brokers Group Inc (IBKR, Financial) is set at $216.44. Price forecasts range from a high of $265.00 to a low of $178.00. This average target suggests a notable upside of 44.79% from the current stock price of $149.49. For more in-depth analysis, visit the Interactive Brokers Group Inc (IBKR) Forecast page.
Brokerage Recommendations
With a consensus recommendation from 10 brokerage firms, Interactive Brokers Group Inc (IBKR, Financial) holds an average rating of 1.7. This positions the stock under the "Outperform" category. The rating system ranges from 1, indicating a Strong Buy, to 5, which suggests a Sell.
GuruFocus Valuation Analysis
GuruFocus provides an estimated GF Value for Interactive Brokers Group Inc (IBKR, Financial) at $96.51 for the upcoming year. This evaluation signals a potential downside of 35.44% from the present stock price of $149.49. The GF Value is a proprietary metric that assesses what the stock should be worth, factoring in historical trading multiples, past growth patterns, and future business performance projections. For further insights, the Interactive Brokers Group Inc (IBKR) Summary page offers comprehensive data.
