BofA Raises Price Target for Interactive Brokers (IBKR), Keeps Buy Rating

Interactive Brokers Group, Inc. (NASDAQ:IBKR) is one of the 10 Best Financial Stocks on Wall Street’s Radar. On July 18, BofA Securities increased its price target for Interactive Brokers Group, Inc. (NASDAQ:IBKR) from $69 to $71 and kept a “Buy” rating.

This decision follows the company’s Q2 2025 results. Interactive Brokers Group, Inc. (NASDAQ:IBKR) reported adjusted earnings per share of $0.51 for the quarter, which surpassed both BofA’s forecast and consensus estimate. This beat was driven mainly by stronger-than-expected net interest income.

BofA Raises Price Target for Interactive Brokers (IBKR), Keeps Buy Rating

A skilled senior trader executing an order in a fast paced trading environment.

Interactive Brokers Group, Inc. (NASDAQ:IBKR) reported record commission revenues of $516 million for Q2 2025. For the same quarter, net interest income also reached a record $860 million, up 9% year-over-year, despite the lower interest rate environment.

The company’s total net revenue for the quarter was about $1.5 billion, which was also a new record. This performance was driven by strong demand across products and asset classes.

BofA Securities highlighted that Interactive Brokers Group, Inc. (NASDAQ:IBKR) is seeing strong activity from international clients who remain interested in US assets. The company’s presence in 160 global markets gives it a competitive advantage, allowing investors to easily trade between domestic and international assets.

Interactive Brokers Group, Inc. (NASDAQ:IBKR) is a financial services company that provides automated trade execution and custody of securities, commodities, foreign exchange, and forecast contracts. It serves individual investors, hedge funds, proprietary trading groups, and financial advisors.

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