Favorable quarterly reports from major banks are shining a light on the financial sector. Interactive Brokers (IBKR) is set to release its Q2 results on July 17, with its stock up +35% YTD and soaring nearly +100% in the last year.

Driven by increased trading volumes, Interactive Brokers has launched new educational tools like IBKR InvestMentor. Q2 sales are projected to rise 8% to $1.34 billion, with EPS expected to increase to $0.45. Analysts predict IBKR could exceed earnings expectations.

Interactive Brokers is experiencing positive EPS revisions, with annual earnings expected to rise 4% this year and 7% in FY26. The company’s stock trades at a reasonable 32.4X forward earnings multiple, positioning it as a more affordable option for investors compared to competitors like Robinhood Markets.

Investors eyeing growth in the FinTech sector may find Interactive Brokers an attractive option. With a Zacks Rank #1 (Strong Buy) and strong momentum, IBKR looks poised for higher highs. Experts also highlight 7 elite stocks with the potential for early price pops, beating the market with an average gain of +23.5% per year since 1988.

Read more at Nasdaq: Time to Buy Interactive Brokers (IBKR) Stock as Q2 Earnings Approach