Independent equity research
Is Interactive Brokers (IBKR) a Buy, Hold or Sell?
Interactive Brokers — our independent, AI-built valuation and rating, in brief.
HOLD
12-mo fair value
$86.00
To fair value
−6%
Report dated 2026-06-01 · fair value derived independently of the market price.
The thesis, in brief
Exceptional compounder (~31% account growth, ~77% pretax margin) but at ~33x fwd EPS (100th percentile of its own history), little margin of safety. Price already above the base target ($86)
How we value it
We value Interactive Brokers using Reverse FCF/DCF (11% COE) + P/E. The 12-month fair value is set from that intrinsic estimate first, then compared to the market to read the upside or downside — never anchored to the current price.
What the full report covers
- Business & moat + industry cycle
- Earnings quality & normalized EPS
- Returns on capital (ROIC vs WACC)
- Balance-sheet safety
- Two independent valuations (DCF + multiples)
- Bear / base / bull fair values
- Earnings-call analysis
- Insider activity & positioning
- Technicals (RSI / ADX)
- A falsifiable thesis
Read the full Interactive Brokers report
The complete model, the scenarios, and every number behind the call — plus 38 other names. One subscription, cancel anytime.