Interactive Brokers (IBKR) Soars to All-Time High on Earnings Blowout, PT Upgrade

Core Viewpoint - Interactive Brokers Group Inc. (NASDAQ:IBKR) experienced a significant rise in stock price following strong earnings performance and a price target upgrade from Barclays, reaching an all-time high of $76.37 before closing at $75.80, up 6% on the day [1][2]. Financial Performance - For the full year 2025, net income attributable to shareholders increased by 30% to $984 million from $755 million in 2024, while total net revenues rose by 20% to $6.205 billion from $5.185 billion year-on-year, driven by a 6% increase in interest income [2]. - In the fourth quarter, attributable net income surged by 31% to $284 million from $217 million year-on-year, with total net revenues increasing by 18.4% to $1.643 billion from $1.387 billion [3]. - Commissions for the fourth quarter amounted to $582 million, reflecting a 22% year-on-year increase due to higher customer trading volumes [3]. Interest Income and Dividends - Net interest income rose by 20% to $966 million, attributed to higher average customer margin loans, customer credit balances, and stronger securities lending activity [4]. - The board of directors approved a quarterly dividend of $0.08 for common shareholders, payable on March 13, 2026, with a record date of February 27 [5]. Analyst Recommendations - Following the earnings report, Barclays raised its price target for Interactive Brokers Group Inc. to $83 from $82, while maintaining a "buy" recommendation [4].