Interactive Brokers Group Inc. (IBKR) shares reached an all-time high of $97.85 on Tuesday, extending gains after the brokerage reported second-quarter earnings that exceeded analyst expectations.
The stock last traded at $97.79, just 1% below its 52-week peak of $97.84. Shares have surged 45% this year and nearly 49% over the past 12 months, supported by record commission revenue, higher net interest income and sustained growth in customer activity.
BMO Capital raised its price target for Interactive Brokers to $110 from $105 while maintaining an Outperform rating. The firm cited the company’s strong financial performance as justification for the upgrade.
Second-quarter earnings per share came in at $0.69, topping Wall Street’s forecast of $0.62, BMO’s estimate of $0.68 and the consensus expectation of $0.64. Revenue reached $1.88 billion, exceeding the anticipated $1.76 billion.
Options activity showed a notable skew toward puts, with 21,825 contracts traded, the highest volume since October 2025. Call volume totaled 3,504 contracts during the same period.
Interactive Brokers’ market capitalization stood at $158 billion at the time of the report.
