Goldman Sachs cuts target for Interactive Brokers stock to USD 111

Published on 10/02/2026 at 14:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

September DARTs rose 6.00 percent year over year. Interactive Brokers stock costs EUR 77.22 on October 2, 2026 after EUR 76.63, plus 0.77 percent.

IBKR, US45841N1072, Illustration mit AI erstellt.

Interactive Brokers (ISIN US45841N1072) was trading at EUR 77.22 at Lang & Schwarz on October 2, 2026 at 2:13 p.m. CEST, up 0.77 percent versus the prior close of EUR 76.63. The latest analyst move is a lower Goldman Sachs target, while new operating data show continued account expansion.

Goldman Sachs lowers its target

According to Markets Insider on October 1, 2026, Goldman Sachs analyst James Yaro lowered the price target for Interactive Brokers from USD 113 to USD 111 and retained a Buy rating. The note cited weaker Daily Average Revenue Trades, or DARTs, than previously expected, partly offset by stronger account growth.

The change gives the stock a fresh valuation reference ahead of the next earnings release. It also highlights the tension between slower trading activity and the company's expanding customer base, which is the key operating counterweight in the latest update.

September accounts grow faster

Business Wire reported on October 1, 2026 that September DARTs reached 4.111 million, up 6.00 percent from September 2025 but down 4.00 percent from August 2026. The monthly figure captures both the year-over-year expansion and the softer sequential trading activity.

Ending client accounts rose to 5.576 million in September 2026, an increase of 35.00 percent year over year and 2.00 percent from August. Ending client margin loan balances reached USD 105.2 billion, up 36.00 percent year over year and 4.00 percent month over month, giving the platform a second growth channel beyond trade volume.

Results arrive on October 15

Interactive Brokers plans to announce its third-quarter financial results on October 15, 2026, at approximately 4:00 p.m. ET, followed by a conference call at 4:30 p.m. ET, according to Business Wire on September 24, 2026. Investors will have a direct test of whether margin lending and account growth can compensate for the lower DART figure.

Euro quote and Nasdaq listing

Interactive Brokers was trading at EUR 77.22 at Lang & Schwarz on October 2, 2026 at 2:13 p.m. CEST, plus 0.77 percent versus the Lang & Schwarz prior close of EUR 76.63 on October 1, 2026. The company is listed on Nasdaq under ticker IBKR and is a member of the S&P 500, as shown by Stock Analysis.

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