Interactive Brokers rises on quarterly revenue beat

Interactive Brokers

18/07/2025 11:12

** Automated electronic broker Interactive Brokers Group's IBKR.O shares up nearly 4% at $61.93 in premarket trading

** Co's Q2 revenue rises 20%, beats analysts' expectations

** Co sees continued benefit from higher trading volumes

** Stock recently traded at 29x the next 12-month earnings vs a P/E of 5 three months ago
** Atleast four brokerages raise PT on stock

** Avg rating of 10 brokerages is "buy"; median PT is $67, according to data compiled by LSEG

** YTD, up to last close, stock up 34.5% vs 19.12% rise of S&P 500 Investment Banking & Brokerage index .SPLRCINVB

 (Reporting by Joel Jose in Bengaluru)

 ((joeljose@thomsonreuters.com;))