BMO cuts target for Interactive Brokers stock to USD 105

Published on 10/07/2026 at 15:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter commissions rose 30.00 percent year over year. Interactive Brokers stock costs EUR 79.44 on October 7, 2026 versus EUR 80.83.

IBKR, US45841N1072, Illustration mit AI erstellt.

Interactive Brokers Group (ISIN US45841N1072) was trading at EUR 79.44 at Lang & Schwarz on October 7, 2026 at 3:14 p.m. CEST, down 1.72 percent versus the prior close of EUR 80.83. On October 6, 2026, BMO Capital Markets cut its price target from USD 110.00 to USD 105.00 while maintaining an Outperform rating, as MarketBeat reported.

Target cut meets strong operating growth

The BMO move sets a more cautious valuation marker against a business that delivered record operating metrics in the second quarter. The USD 105.00 target remains above the USD 90.58 Nasdaq price cited for October 6, 2026, but that comparison uses a different currency from the EUR 79.44 Lang & Schwarz quote and is not combined with it.

The wider analyst picture remains constructive. MarketBeat reported a Moderate Buy consensus and an average target of USD 99.45, while also noting that BMO retained its Outperform rating after the reduction.

Second-quarter activity stays elevated

Interactive Brokers said commissions rose 30.00 percent from the second quarter of 2025 to a record, while GAAP net interest income increased 23.00 percent to more than USD 1.00 billion, according to the Q2 2026 earnings-call transcript published by Yahoo Finance on July 21, 2026.

The same transcript showed total customer daily average revenue trades of 4.80 million in the second quarter, up 36.00 percent year over year. Overnight trading volumes reached 10.90 million trades, compared with 3.80 million in the second quarter of 2025, giving the platform a measurable activity driver beyond interest income.

Results date gives the next test

Interactive Brokers is scheduled to report third-quarter 2026 results on October 15, 2026, at 4:00 p.m. Eastern time, according to Simply Wall St. That report will show whether the 36.00 percent increase in daily customer activity carried into the third quarter as the stock trades below its October 6 Nasdaq price of USD 90.58.

Stock stays below its yearly high

IBKR's Nasdaq 52-week range was USD 58.95 to USD 98.75 as of October 6, 2026, with a market capitalization of USD 156.5 billion. The euro quote and the Nasdaq figures use separate currencies and venues, so the Lang & Schwarz daily change remains the relevant German-market reference.

The further course of trading is shown by the continuously updated real-time quote of Interactive Brokers stock.