Interactive Brokers Group

IBKR · NASDAQ

$82.91+$1.56 (+1.92%)TodayMarket closed · Oct 20, 7:55 PM ET

Prev close $81.35

IBKR analyst rating

BuyConsensus of 12 analysts over the last 12 months. 75% rate it a buy.

Strong buy0
Buy9
Hold3
Underperform0
Sell0

12-month price target · 16 analysts

Average $108.10 (+30.4% upside)

Low: $72.90
Now: $82.91
High: $127.05

Upgrades and downgrades

The latest rating actions, newest first

IBKR analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Barclays	Oct 16, 2026	Maintains	Overweight	$115.00 → $117.00	57%
BMO Capital	Oct 16, 2026	Maintains	Outperform	$105.00 → $100.00	56%
Evercore ISI Group	Oct 12, 2026	Initiates	Outperform	$100.00	0%
UBS	Oct 7, 2026	Maintains	Neutral	$102.00 → $101.00	43%
Barclays	Oct 7, 2026	Maintains	Overweight	$114.00 → $115.00	57%
BMO Capital	Oct 6, 2026	Maintains	Outperform	$110.00 → $105.00	56%
B of A Securities	Oct 5, 2026	Maintains	Buy	$114.00 → $116.00	55%
Wells Fargo	Oct 2, 2026	Initiates	Overweight	$102.00	63%
Goldman Sachs	Sep 2, 2026	Maintains	Buy	$114.00 → $113.00	50%
UBS	Sep 1, 2026	Initiates	Buy → Neutral	$50.00 → $102.00	43%

The case for and against

Updated Apr 3, 2025

Bull case

Interactive Brokers Group has demonstrated strong performance with annualized account growth of 28% in 4Q24 and an impressive 30% for FY24, which enhances the firm's growth outlook. The company's adjusted pretax margin reached a remarkable 75.6% in 4Q24, marking the highest level recorded since 2005, indicating robust operational efficiency. Additionally, an increased price target suggests a positive sentiment surrounding the company's improved retail trading and net interest income forecasts, bolstering the overall financial outlook for the firm.

Bear case

The financial analysis points to a deteriorating revenue outlook for Interactive Brokers Group, with expectations of an incremental annual revenue decrease of approximately $339 million, a significant increase from the previous quarter's estimate of $77 million. Additionally, the company's pretax margin has fallen to 71.5%, marking the first time since the second quarter of 2023 that margins have dipped below 72%. Furthermore, the reported adjusted earnings per share (EPS) for the third quarter of 2024 was $1.75, falling short of both the firm's estimate of $1.77 and the consensus expectation of $1.82, largely due to unexpected one-off expenses.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.