7/103 sources · 3 publishersUpdated Oct 20, 19:34 UTC
UBS lowers Interactive Brokers price target to $97 amid mixed Q3 results
UBS cut its price target for Interactive Brokers Group to $97 from $101 after the broker reported mixed third‑quarter 2026 results. Revenue reached $1.91 billion, beating the $1.87 billion forecast, while commission revenue fell. Client equity, account balances and trading activity moderated versus the prior quarter, but UBS said the growth model remains durable and highlighted AI and RIA opportunities.
Why it matters
The lower target suggests a more modest valuation outlook, which could pressure the stock. However, the shares rose 2.05% intraday, indicating short‑term buying interest despite the downgrade.
Key facts
- 1UBS reduced its price target for Interactive Brokers to $97 from $101. investing.com
- 2Interactive Brokers reported third‑quarter revenue of $1.91 billion, above the $1.87 billion estimate. investing.com
- 3Shares of Interactive Brokers rose 2.05% intraday after the announcement. gurufocus.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.