Analyst Consensus ?
ConsensusHold19 ratings
Bullish947.4%
Neutral947.4%
Bearish15.2%
Interactive Brokers Group, Inc. · IBKR · FY2026 Q3 · Calendar Q4 2026
IBKR Posts Record Profit as Product Expansion Broadens
IBKR's Q3 analysis supports a constructive but qualified view: record profitability, account growth and new products point to resilient demand, while softer overall trading activity and execution risks remain important checks.
Reported After market closeNASDAQFinancial Services
$151.20B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.67
Consensus $0.67
EPS surprise
+0.3%
Reported versus consensus
Reported revenue
$1.91B
Consensus $1.86B
Revenue surprise
+3.0%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
-3.9%
Event window
SPY move
-1.1%
Same window
Abnormal move
-2.8%
Stock minus SPY
Volume
1.9×
Versus trailing sessions
Subsequent drift
0.0%
Up to 20 sessions
IBKRSPY benchmark
Ask FN2 about IBKR FY2026 Q3
Transcript, numbers and history already loaded
Why did IBKR fall 3.9% after beating EPS estimates in FY2026 Q3?What changed in IBKR's guidance and outlook in FY2026 Q3?Give me the bull and bear case for IBKR after FY2026 Q3 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior quarter, IBKR moved from planned AI and product expansion to a limited autonomous-AI rollout, added crypto staking and tax-aware RIA strategies, expanded exchange initiatives, raised its dividend to $0.60 per share and reported overnight volume more than doubling year over year.
Guidance delta
No formal numerical guidance was provided; the supplied analysis characterizes management's outlook as maintained.
Key takeaways
- Record pretax profit and a 78% margin underscored financial strength.
- The account base grew by more than 30%, with a diversified global client mix.
- Product expansion continued across AI tools, crypto staking, new exchanges, prediction markets and tax-aware RIA strategies.
- The dividend increased to $0.60 per share, while overnight trading volume more than doubled year over year.
Management priorities
- Expand autonomous AI trading beyond its limited rollout to about 3,000 clients.
- Add exchanges and venues, including Polymarket and Cboe, to broaden prediction-market access.
- Develop crypto staking and the wider cryptocurrency product suite.
- Grow tax-aware RIA strategy assets and advance Japanese market initiatives.
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$82.69Current
$100Low
$115.73Average
$200High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 17, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| UBS | Neutral | Neutral | Maintain | Oct 7, 2026 |
| Barclays | Overweight | Overweight | Maintain | Oct 7, 2026 |
| BMO Capital | Outperform | Outperform | Maintain | Oct 6, 2026 |
| B of A Securities | Buy | Buy | Maintain | Oct 5, 2026 |
| Goldman Sachs | Buy | Buy | Maintain | Sep 2, 2026 |
| Piper Sandler | Overweight | Overweight | Maintain | Jul 15, 2026 |
| Jefferies | Buy | Buy | Maintain | Apr 6, 2026 |
| Citigroup | Buy | Buy | Maintain | Jul 7, 2025 |
| Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintain | Jan 13, 2025 |
| Credit Suisse | Outperform | Outperform | Maintain | Apr 21, 2021 |
| Compass Point | Buy | Neutral | Upgrade | Dec 2, 2020 |
| Wells Fargo | Underweight | Underweight | Maintain | Jul 10, 2020 |
| Rosenblatt | Neutral | Neutral | Maintain | Jul 13, 2017 |
| Keefe Bruyette & Woods | Market Perform | Outperform | Downgrade | Apr 19, 2017 |
| Buckingham Research | Neutral | Neutral | Maintain | May 12, 2016 |
| SunTrust Robinson Humphrey | Neutral | Neutral | Maintain | Mar 23, 2016 |
| BGB Securities | Hold | Hold | Maintain | Dec 13, 2012 |
| Stifel Nicolaus | Hold | Buy | Downgrade | Jul 10, 2012 |
| Stifel | Hold | Buy | Downgrade | Jul 10, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $82.69. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Deutsche Bank | Brian B | $102 | $87.87 | +23.4% | Oct 12, 2026 |
| Evercore ISI | Analyst unavailable | $100 | $87.87 | +20.9% | Oct 12, 2026 |
| Barclays | Benjamin Budish | $115 | $90.58 | +39.1% | Oct 7, 2026 |
| UBS | Michael Brown | $101 | $90.58 | +22.1% | Oct 7, 2026 |
| Capital One Financial | Analyst unavailable | $105 | $90.55 | +27.0% | Oct 6, 2026 |
| Goldman Sachs | James Yaro | $111 | $85.81 | +34.2% | Oct 1, 2026 |
| Wells Fargo | Analyst unavailable | $102 | $85.81 | +23.4% | Oct 1, 2026 |
| Goldman Sachs | Analyst unavailable | $113 | $90.39 | +36.7% | Sep 1, 2026 |
| UBS | Analyst unavailable | $102 | $97.29 | +23.4% | Sep 1, 2026 |
| BMO Capital | Analyst unavailable | $110 | $92.84 | +33.0% | Jul 22, 2026 |
| Piper Sandler | Analyst unavailable | $109 | $94.42 | +31.8% | Jul 22, 2026 |
| Barclays | Analyst unavailable | $114 | $94.42 | +37.9% | Jul 22, 2026 |
| Piper Sandler | Analyst unavailable | $105 | $95.61 | +27.0% | Jul 15, 2026 |
| Barclays | Benjamin Budish | $108 | $95.48 | +30.6% | Jul 9, 2026 |
| Goldman Sachs | Analyst unavailable | $98 | $79.5 | +18.5% | May 1, 2026 |
| BMO Capital | Analyst unavailable | $82 | $74.93 | -0.8% | Jan 21, 2026 |
| Barclays | Analyst unavailable | $83 | $71.51 | +0.4% | Jan 21, 2026 |
| Barclays | Analyst unavailable | $82 | $71.34 | -0.8% | Jan 8, 2026 |
| BMO Capital | Analyst unavailable | $84 | $68.52 | +1.6% | Oct 17, 2025 |
| Goldman Sachs | Analyst unavailable | $91 | $68.52 | +10.0% | Oct 17, 2025 |
| Barclays | Analyst unavailable | $80 | $68.52 | -3.3% | Oct 17, 2025 |
| Piper Sandler | Analyst unavailable | $80 | $70.52 | -3.3% | Oct 14, 2025 |
| Barclays | Analyst unavailable | $81 | $69.35 | -2.0% | Oct 8, 2025 |
| Barclays | Benjamin Budish | $193 | $157.9 | +133.4% | Apr 16, 2025 |
| Piper Sandler | Patrick Moley | $200 | $191.17 | +141.9% | Jan 7, 2025 |
| Piper Sandler | Patrick Moley | $163 | $148.57 | +97.1% | Oct 8, 2024 |
| Barclays | Benjamin Budish | $166 | $147.85 | +100.7% | Oct 7, 2024 |
| Barclays | Benjamin Budish | $145 | $125.25 | +75.4% | Jul 10, 2024 |
| Jefferies | Daniel Fannon | $150 | $123.37 | +81.4% | Jul 8, 2024 |
| Jefferies | Daniel Fannon | $138 | $113.27 | +66.9% | Apr 17, 2024 |
| Barclays | Benjamin Budish | $136 | $109.31 | +64.5% | Apr 17, 2024 |
| Raymond James | James Yaro | $102 | $87.32 | +23.4% | Jan 9, 2024 |
| Goldman Sachs | James Yaro | $102 | $87.72 | +23.4% | Jan 9, 2024 |
| Barclays | Analyst unavailable | $90 | $69.49 | +8.8% | Dec 19, 2022 |
| Goldman Sachs | Analyst unavailable | $90 | $66.76 | +8.8% | Apr 20, 2022 |
Track every rating change on IBKR the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationInteractive Brokers Group, Inc. operates as a sophisticated electronic brokerage, serving clients across the United States and globally. This firm manages the trading, clearing, and settlement for a broad spectrum of financial instruments, including equities, options, futures, foreign exchange, bonds, mutual funds, exchange-traded funds (ETFs), precious metals, and digital currencies. Beyond its core brokerage activities, the company provides custodial and administrative account services tailored for various entities such as hedge funds, mutual funds, ETFs, registered investment advisors, proprietary trading desks, introducing brokers, and individual investors. Its suite of services also includes custody solutions, prime brokerage, and financing options like securities lending and margin lending. Interactive Brokers caters to both institutional and individual clientele, utilizing advanced electronic exchanges and market platforms. The company was established in 1977 and maintains its headquarters in Greenwich, Connecticut.
Historical context
All IBKR earningsFinancial Services peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| MTB-PJ M&T Bank Corporation | FY2026 Q3 · Calendar Q4 2026 | — | — | M&T Bank highlights deposits, CRE growth and AI efficiency in Q3 |
| RF-PE Regions Financial Corporation | FY2026 Q3 · Calendar Q4 2026 | — | — | Regions Financial: Fee Growth and Technology Investment Lead Q3 Readout |
| MTB-PH M&T Bank Corporation | FY2026 Q3 · Calendar Q4 2026 | — | — | M&T: Loan and Deposit Growth Offset a Modest Q3 Earnings Decline |
| RF-PC Regions Financial Corporation | FY2026 Q3 · Calendar Q4 2026 | — | — | Regions Financial Maintains Growth Outlook as Fee Revenue Sets Records |
| TFC-PI Truist Financial Corporation | FY2026 Q3 · Calendar Q4 2026 | — | — | Truist refocuses on relationship banking while investing for growth |
| TRV The Travelers Companies, Inc. | FY2026 Q3 · Calendar Q4 2026 | — | +0.5% | Travelers posts strong Q3 underwriting results as AI investment continues |
Latest beats and misses
Who reports nextBeat on EPS
- AAFY2026 Q3 · October 15, 2026+20.5% EPS+7.2% move
- JBHTFY2026 Q3 · October 15, 2026+0.6% EPS-2.0% move
- PLDFY2026 Q3 · October 15, 2026+105.9% EPS-2.7% move
- BNYFY2026 Q3 · October 15, 2026+4.4% EPS+3.2% move
- USB-PRFY2026 Q3 · October 15, 2026+1.5% EPS— move
- USB-PSFY2026 Q3 · October 15, 2026+1.5% EPS— move
Get the IBKR recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-10-16T23:03:25.768410+00:00
- FN2 earnings calendar · 2026-10-16T01:23:22.079841+00:00
- Polygon adjusted daily market bars · 2026-10-16T23:10:41.558341+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-16T23:10:41.555736+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-16. For educational purposes only; not investment advice.