08:35 AM EDT, 07/18/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We raise our target price by $5 to $78 using a wider risk premium and a P/E of 35.9x our 2026 EPS view vs. the peer average of 32.1x. Our EPS estimates are $1.99 (up $0.07) for 2025 and $2.17 (up $0.05) for 2026. IBKR posted exceptional account growth in Q2 2025, adding 250,000 net new accounts, bringing YTD additions to over 528,000 (already exceeding all of 2023). Growth was led by market volatility creating trading opportunities, expanding overnight trading volumes that appeal to international clients, and IBKR's comprehensive global platform offering 24/7 access across multiple asset classes. In our view, IBKR appears well-positioned to capitalize on the growing trend of retail investor participation in financial markets. Its continued focus on product innovation, international expansion, and leveraging its advanced technology platform should support growth and market share gains. We forecast customer accounts reaching 4.2M by end-2025 and 5.3M by end-2026, reflecting sustained annual growth of over 25%.