Interactive Brokers Group, Inc. (IBKR) earnings on July 21, 2026

IBKR price around the earnings

93.50

Change: -1.0%

Start of the measured window End of the measured window

92.45 94.29 96.12 97.96 94.42

July 21, 2026 July 22, 2026

Price: green if it ends above the starting price; red if it ends below
Start of the measured window
End of the measured window
Market open
No trading (market closed)
Starting price

Price series around the event

Prior thesis

Prior outlook: Optimistic Outcome: Partial

Thesis published: 2026-07-21, 19:52 UTC
Results released: 2026-07-21, 20:01 UTC

Strong company numbers but a limited optimistic scenario ahead

Analysts have upgraded the stock and the company has a strong recent earnings beat record, but the stock has already risen, leaving a limited optimistic scenario.

Context analyzed before publication

Summary: Strong company numbers but a limited optimistic scenario ahead
Playbook: The stock has rallied on analyst upgrades and strong earnings, but the price now reflects much of the good news, with only 5.9% upside to the average target.
Trend: Expert opinion improved but the scenario is capped

Analysts

Drivers

Analysts Positive
Recent upgrades from Piper Sandler ($105) and BofA ($106); the average target is $100, implying 5.9% upside, with a buy-leaning rating.

Evidence

Analyst consensus: Buy
Consensus average (1-5): 1.75
Analysts covering the stock: 12
Average price target: 99.99
Lowest price target: 64
Highest price target: 118
Upside to price target: 5.9%
Quarterly earnings growth: 25.4%
Revenue growth: 16.8%
Forward EPS: 3
Trailing EPS: 2.33
Analyst moves in the last 60 days: 3

July 15, 2026 · Piper Sandler: Maintains rating (Overweight → Overweight)
July 14, 2026 · B of A Securities: Maintains rating (Buy → Buy)
July 9, 2026 · Barclays: Maintains rating (Overweight → Overweight)

News and sentiment

Drivers

News & sentiment Negative
Analyst comments suggest the optimistic case is already priced in, limiting further upside.

Evidence

Sentiment

Sentiment: Cautious
Mention volume: Low
Normalized volume: 33%

News

Sources (6)

Piper Sandler Maintains Overweight on Interactive Brokers Group, Raises Price Target to $105 (opens in a new tab) — Benzinga
B of A Securities Maintains Buy on Interactive Brokers Group, Raises Price Target to $106 (opens in a new tab) — Benzinga
Barclays Maintains Overweight on Interactive Brokers Group, Raises Price Target to $108 (opens in a new tab) — Benzinga
Interactive Brokers Group Reports Brokerage Metrics And Other Financial Information For June 2026; 5.269M Daily Average Revenue Trades, Up 53% YoY And Up 6% MoM (opens in a new tab) — Benzinga
Interactive Brokers Group Announces The Launch Of Select Korean Equities Through Nextrade, South Korea's First Alternative Trading System (opens in a new tab) — Benzinga
Live On CNBC, Josh Brown Hosts Segment Titled "Josh's Best Stocks In The Market: Interactive Brokers Group" (opens in a new tab) — Benzinga

Technicals

Drivers

Technical Neutral
The stock has risen 3.93% in 14 days and 5.25% in 30 days, a modest gain, with moderate volatility.

Evidence

Average true range (ATR): 4%
Distance to 52-week high: -3.1%
14-day change (14d): +3.9%
30-day change (30d): +5.3%
30-day relative strength: +5.3%
Benchmark change (0d): +0.0%
Nearest support: 91.01
Nearest resistance: 91.69
Volume accumulation ratio (14d / 46d): 0.99

Trends

Evidence

Average earnings surprise: +6.5%

April 21, 2026: actual EPS 0.6 vs estimate 0.6 (surprise +0.1%)
January 20, 2026: actual EPS 0.65 vs estimate 0.59 (surprise +11.1%)
October 16, 2025: actual EPS 0.57 vs estimate 0.54 (surprise +6.0%)
July 17, 2025: actual EPS 0.51 vs estimate 0.47 (surprise +8.8%)

Expected move

Drivers

Past earnings Positive
The company beat earnings every quarter for the past year, with an average surprise of +6.5%, showing consistent performance.

There is no implied-move data available for this event.

Reactions over its last 19 earnings

Median move: 3.5%
75th percentile move: 5.4%
90th percentile move: 8%
Up / down moves: 10 / 9
Average up move: +4.2%
Average down move: -3.3%

Monitoring and close

What Interactive Brokers Group, Inc. reported

Status: Finished

Actual EPS	0.69
EPS estimate	0.64
EPS surprise	+7.8%
Revenue	$1,896 million
Revenue estimate	$1,748 million
Revenue surprise	+8.5%

Interactive Brokers beat Q2 estimates with EPS of $0.69 and revenue of $1.896B. Shares rose after the optimistic report.

Sources (12)

Interactive Brokers Group Q2 Earnings Call Highlights (opens in a new tab) — MarketBeat
Full Transcript: Interactive Brokers Group Q2 2026 Earnings Call (opens in a new tab) — Benzinga
Interactive Brokers Group, Inc. (IBKR) Beats Q2 Earnings and Revenue Estimates (opens in a new tab) — Zacks
Interactive Brokers Earnings Surge Amid Trading Boom, Matching Charles Schwab (opens in a new tab) — Investor's Business Daily
Interactive Brokers (NASDAQ:IBKR) Earnings Beat Makes It a Quality Stock to Watch (opens in a new tab) — ChartMill
Interactive Brokers Stock Climbs as Q2 Earnings Come in Ahead of Expectations (opens in a new tab) — Benzinga
Interactive Brokers Earnings Reveal $1.90B Revenue, How Will IBKR Stock React? (opens in a new tab) — BeInCrypto
Interactive Brokers Gr Q2 Adj. EPS $0.69 Beats $0.64 Estimate, Sales $1.896B Beat $1.748B Estimate (opens in a new tab) — Benzinga
Interactive Brokers Group Announces 2Q2026 Results (opens in a new tab) — Yahoo
Interactive Brokers Earnings Due After Charles Schwab's Easy Beat (opens in a new tab) — Yahoo
Interactive Brokers Group, Inc. (IBKR) Q2 2026 Earnings Call Transcript (opens in a new tab) — SeekingAlpha
Interactive Brokers posted adjusted earnings of $0.69 per share, beating the $0.64 estimate, and revenue of $1.896B, above the $1.748B forecast. — Benzinga

Pre-market second reading after the results

Verdict: Beat expectations

Heading into the open, the figures don't clearly confirm the prior scenario.

How the stock reacted

Outcome: Partial
Consolidated: -1.0%
Max favorable move (MFE): 4.9%
Max adverse move (MAE): 2.4%