Interactive Brokers: Why There Is Explosive Upside To The Earnings' Growth Narrative
IBKRIBG, Inc.(IBKR) Seeking Alpha·2024-04-17 05:31

da-kuk Interactive Brokers' (NASDAQ:IBKR) shares are up about 38% since I initiated coverage in October 2023, compared to a gain of about 22% for the S&P 500 (SP500) over the same period. And as IBKR stock has overshot my previously guided target price of about $98, I think it is time to revisit my thesis. Overall, fueled by a strong Q4 report and a promising monthly metric performance from through the first three months of 2024, outperforming expectations, I remain very bullish on IBKR. While I previously ...