Interactive Brokers price target raised to $98 from $89 at Goldman Sachs

Goldman Sachs analyst James Yaro raised the firm’s price target on Interactive Brokers (IBKR) to $98 from $89 and keeps a Buy rating on the shares. Results are expected to be largely in line, with stronger fee income offset by weaker net interest income and slightly lower pre-tax margins, the analyst tells investors in a research note. The broader growth outlook remains intact, supported by continued investment in product, efficiency, and marketing, with strong projected account and revenue compound annual growth rate and limited exposure to AI and crypto-related volatility versus peers, the firm says.