NYSE: VIRT ยท Capital Markets
Virtu Financial (VIRT) fair value and price range
As of 31 Oct 2026, Faircurve's model values Virtu Financial (VIRT) at $64.55 a share. The stock last closed at $53.23, which puts the model's fair value 21.3% above the price. The inputs behind this valuation are under review, so no verdict is shown.
- The latest balance sheet shows far less debt than the quarter before, with no matching repayment.
Revalued . Price is the close of 3 Nov 2026. Virtu Financial, Inc.
The report adds the live price, the price chart and the analysts' consensus. No account needed.
This week, in three parts
What happenedThe run of 31 Oct 2026 moved the fair value from $67.04 to $64.55 (-3.7%). The multiple the model anchors on moved, lowering the fair value: most of the move.
What the model makes of itThe price of $53.23 is 21.3% below it. The inputs behind this valuation are under review, so no verdict is shown.
What's nextNo report date on file. The next weekly run is on Saturday 7 Nov 2026.
What price range does the model give VIRT?
The calibrated range for VIRT over 63 trading days is $52.29 to $77.10. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 10,454 past valuations, refreshed 31 Oct 2026). Ranges built this way held the price 60% of the time at this horizon.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $47.72 to $84.74. In 69% of the simulations the fair value came out above the price the model ran on.
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When does VIRT report earnings, and how has the stock reacted?
Around its last 8 reports: what the options market priced, and what followed
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across VIRT's last 8 reports, ignoring direction, was 1.7%.
What the options market has priced for a month's move in VIRT
How does VIRT score on business quality?
Virtu Financial's overall quality score is 66 out of 100. Each factor below is a score against comparable companies, not a percentile of the metric beside it.
| Factor | Score (0 to 100) | Headline measure | Peer median |
|---|---|---|---|
| ProfitabilityReturn on invested capital against the peer group, with a bonus for an improving trend. | 93 | 33.9%ROIC | 9.4% |
| Earnings qualityHow much of reported profit is cash: free cash flow to net income, and the accrual ratio (the share of earnings that is not cash). | 43 | 0.60xFCF / net income | 1.11x |
| Growth qualityTrailing revenue growth, forward growth from consensus, and the direction of analysts' rating changes. | 54 | 26.2%Revenue growth, trailing | 24.6% |
| Capital disciplineReinvestment efficiency (capital spending per unit of revenue) and net buybacks. | 77 | 3.0%Net buybacks / market value | 3.6% |
| Balance sheetNet debt to EBITDA and interest coverage. | 63 | 0.92xNet debt / EBITDA | 2.92x |
| StabilityDownside volatility of the EBITDA margin over the last five years. | 51 | 3.4 ptsEBITDA margin downside volatility, 5y | 10.1 pts |
How does VIRT compare with similar companies?
The companies in capital markets closest to Virtu Financial in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| MC Moelis & Company | $59.22 | $60.32 | +1.9% | Low evidence grade |
| BGC BGC Group, Inc | $11.15 | $21.81 | +95.6% | Gap wider than 60% |
| MKTX MarketAxess Holdings Inc. | $165.68 | $189.27 | +14.2% | Fairly valued |
| SNEX StoneX Group Inc. | $56.30 | $64.60 | +14.7% | Fairly valued |
| MARA Marathon Digital Holdings, Inc. | $7.16 | $4.53 | -36.7% | Low evidence grade |
| JEF Jefferies Financial Group Inc. | $48.56 | $51.95 | +7.0% | Low evidence grade |
| EVR Evercore Inc. | $297.20 | n/a | n/a | Data under review |
| SF Stifel Financial Corp | $68.64 | $79.00 | +15.1% | Undervalued |
What the comparable companies' multiples alone would give for VIRT, the peer-implied price, is $192.30 a share on this run. The fair value weighs that against the company's own multiple.
Virtu Financial at a glance
Virtu Financial, Inc. stands as a leading financial services firm, delivering a comprehensive suite of data, analytical, and connectivity products to a global clientele.
- Market value
- $4.7B
- Sector
- Financial Services
- Industry
- Capital Markets
- Revenue expected, next twelve months
- $2.9B
- Consensus revenue growth, next fiscal year
- -23.1%
- Analysts with estimates
- 4
- Beta to the US market
- 0.50
- First valued by Faircurve
- 11 Jul 2026
How the fair value is worked out: the model prices Virtu Financial on the value of the whole business, debt included, against the operating profit analysts expect next year (forward EV/EBITDA), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 24 Oct 2026 the model's fair value for VIRT was $67.04. As of 31 Oct 2026 it is $64.55, a change of -3.7%. The multiple the model anchors on moved, lowering the fair value: most of the move. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Virtu Financial's valuation
Is Virtu Financial stock undervalued or overvalued?
Faircurve's model puts VIRT's fair value at $64.55 a share against a last close of $53.23, as of 31 Oct 2026. The inputs behind this valuation are under review, so no verdict is shown.
What is VIRT's fair value?
$64.55 a share as of 31 Oct 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $47.72 to $84.74.
What price range does the model give VIRT?
$52.29 to $77.10 over 63 trading days. Ranges built this way held the price 60% of the time across 10,454 past valuations, refreshed 31 Oct 2026.
How much has VIRT moved on past earnings reports?
Across its last 8 reports the median two session move was 1.7%, ignoring direction. The largest was +25.4% around the report of 18 Jul 2024.
How confident is the model in this valuation?
The model's evidence grade for VIRT is low. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It is not a probability that the fair value is right, or that the price reaches it.