Jefferies Cuts Virtu (VIRT) Target to $49, Maintains Buy Rating

Virtu Financial, Inc. (NYSE:VIRT) is one of the most undervalued financial stocks to buy according to Wall Street analysts. On September 11, Jefferies cut its price target for Virtu Financial from $51 to $49 while maintaining its “Buy” rating on the stock. The firm stated that the decision was due to its updated adjusted earnings estimate for Q3 2025, which was cut from $1.02 per share to $0.83 per share.

Jefferies attributed the downgraded earnings forecast to the normalization of market volatility. Specifically, the average level of the VIX index (which measures broader market volatility) is trending 31% lower than the previous quarter. The firm specifically flagged that August 2025’s intraday volatility was about half the level observed in Q2 2025.

Nonetheless, Jefferies considers Virtu to be undervalued. The analysts stated that despite reduced volatility, retail trading engagement remains relatively positive, which supports Virtu’s core revenue streams. They maintained conviction in Virtu’s business model and profitability, referencing its ability to generate strong financial results even during periods of lower volatility.

Virtu Financial, Inc. (NYSE:VIRT) is a financial services company. It leverages proprietary technology to provide market-making, execution services, and multi-asset analytics across global equities, fixed income, currencies, commodities, options, futures, and cryptocurrencies.

While we acknowledge the potential of VIRT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 11 Best Buy-the-Dip Stocks to Buy According to Analysts and 10 Best Beaten Down Technology Stocks to Buy According to Analysts.

Disclosure: None. This article is originally published at Insider Monkey.