J.P. Morgan upgrades Virtu Financial to 'overweight'

Virtu Financial

05/10/2026 16:28

** Shares of high-speed trading firm Virtu Financial VIRT.N up 4.4% to $61.3
** J.P. Morgan upgrades VIRT to "overweight" from "neutral" and raises PT to $84 from $61, implying about 42.9% upside to the stock's last close
** Brokerage sees Virtu benefiting from higher trading volumes, new products and expansion
** "We see the potential for industry product innovation to increase Virtu's legacy product profitability as hedging and risk management opportunities increase," says brokerage
** New structures such as perpetual futures, predictive markets and tokenization give market makers like Virtu more opportunities to trade in existing asset classes, brokerage says
** Four of seven analysts rate stock "strong buy" or "buy", two "hold" and one "sell"; their median PT is $70 - data compiled by LSEG
** Including session's move, stock up 84.1% YTD


 (Reporting by Pragyan Kalita in Bengaluru)
 ((Pragyan.Kalita@thomsonreuters.com;))