IBKR Price Prediction Next Week
Based on the provided data and recent market activity, here's the analysis for IBKR's price movement for next trading week:
Technical Analysis
The stock has shown strong momentum, rising from $192.83 to $218.99 over the past week. Key technical indicators suggest:
- RSI at 80.11 indicates overbought conditions
- MACD at 7.24 shows strong positive momentum
- Current price trading above all major moving averages (20-day SMA at $189.00, 60-day SMA at $180.78)
News Sentiment & Fundamental Catalysts
- Strong Q4 2024 Performance:
- Better-than-expected earnings of $2.02 per share vs $1.86 consensus
- 4% higher net revenues
- 230 basis points margin beat
- Analyst Upgrades:
- UBS raised price target from $225 to $265
- Goldman Sachs raised from $214 to $226
- Piper Sandler increased from $200 to $210
- Growth Metrics:
- Client accounts up 28% YoY
- Client margin loan balances reached $60.2 billion (+43% YoY)
- Client equity surged to $575.9 billion (+42% YoY)
Price Prediction for Next Week
Based on Fibonacci levels:
- Support levels: $183.27, $173.81
- Resistance levels: $213.90, $223.36, $238.68
- Pivot point: $198.59
Expected price movement: $223-228 range with potential pullback to $213-215 support zone due to overbought conditions. The stock is likely to continue its upward momentum but may experience some profit-taking after the recent strong rally.
Trading recommendation: Wait for a pullback to $213-215 range before initiating new long positions. Current price levels show overbought conditions which may lead to short-term consolidation.
IBKR Similar Chart Price Prediction
The price of IBKR is predicted to go up -9.21%, based on the high correlation periods with CIVB. The similarity of these two price pattern on the periods is 97.14%.
IBKR
CIVB
Down: -9.21%Similarity: 97.14%
IBKR Revenue Forecast
IBKR EPS Forecast
IBKR FAQs
What is revenue forecast for next quarter？
What is eps forecast for next quarter？
IBKR VS S&P500
Interactive Brokers' short duration in its investment portfolio benefits from currently high interest rates.
Interactive Brokers has active trading clients from proprietary traders and hedge funds that hold more cash and utilize more leverage.
Interactive Brokers enjoys high client growth from international markets.
IBKR Analyst's Forecast
Benjamin Budish
Barclays
Buy
Price Target
$214 → $224
Upside
+22.23%
Barclays raised the firm's price target on Interactive Brokers to $224 from $214 and keeps an Overweight rating on the shares as part of a Q4 preview for the brokers group. Trading activity and account formation generally remained "robust," and at Robinhood (HOOD) in particular Barclays sees a "very strong beat likely in the quarter," the analyst tells investors in a research note. The firm continues to be constructive across its brokers coverage into 2025.
Christopher Allen
Citigroup
Strong Buy
Price Target
$180 → $220
Upside
+18.78%
Patrick Moley
Piper Sandler
Buy
Price Target
$163 → $200
Upside
+4.62%