The Charles Schwab Corporation (NYSE:SCHW) Stock Has Average Target Price of $118.95

Key Points

• Analysts remain broadly positive: Charles Schwab has a “Moderate Buy” consensus from 23 brokerages, with an average 12-month price target of $118.95 versus shares recently trading at $91.81.
• Third-quarter results showed strong growth: Adjusted EPS reached $1.69, above the $1.66 consensus, while revenue rose 16.9% year over year to a record $7.17 billion. Core net new assets climbed 38% to $190.4 billion, and total client assets reached $13.33 trillion.
• Some concerns temper the outlook: Revenue slightly missed estimates, analysts questioned the quality and sustainability of the quarter’s gains, and management indicated 2026 revenue and net-interest-margin growth could be at the lower end of prior ranges. Insiders have also sold approximately $69.6 million of shares over the past 90 days.

Shares of The Charles Schwab Corporation (NYSE:SCHW - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the twenty-three brokerages that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation, sixteen have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $118.95.

A number of brokerages have recently weighed in on SCHW. Jefferies Financial Group set a $120.00 target price on Charles Schwab in a research note on Friday. Evercore restated a "hold" rating on shares of Charles Schwab in a research note on Thursday. Wells Fargo & Company decreased their price objective on Charles Schwab from $105.00 to $103.00 and set an "equal weight" rating on the stock in a report on Friday. Keefe, Bruyette & Woods reaffirmed an "outperform" rating on shares of Charles Schwab in a report on Friday. Finally, Truist Financial set a $115.00 price objective on Charles Schwab in a research report on Friday.

Key Headlines Impacting Charles Schwab

Here are the key news stories impacting Charles Schwab this week:

• Positive Sentiment: Schwab reported adjusted third-quarter EPS of $1.69, exceeding the $1.66 analyst consensus, while revenue rose 16.9% year over year to a record $7.17 billion. Net income increased 23% to approximately $2.91 billion. Charles Schwab Stock Is Falling Friday: What's Going On?
• Positive Sentiment: Client momentum remained a major strength: core net new assets reached a record $190.4 billion, up 38% year over year, total client assets climbed to $13.33 trillion, and the company added roughly 1.2 million brokerage accounts. Higher trading activity, lending, and net interest revenue supported the quarter. Schwab Delivers Record Net New Assets & Earnings
• Positive Sentiment: Analysts remain broadly constructive. JPMorgan reaffirmed an “overweight” rating with a $147 price target, while Citizens JMP maintained “market outperform” with a $120 target. Schwab is also expanding AI tools, tax-aware products, cryptocurrency services, and prediction-market capabilities, potentially creating additional engagement and revenue opportunities.
• Neutral Sentiment: Management said clients using AI-enabled trading tools are holding more cash rather than withdrawing funds, which could support Schwab’s deposit and lending franchise. However, the long-term financial impact of these new products remains unproven.
• Negative Sentiment: Revenue of $7.17 billion was slightly below the approximately $7.18 billion consensus estimate. Analysts characterized the quarter as “somewhat low quality,” citing less impressive net-interest-revenue trends and the possibility that strong market activity, rather than purely organic improvement, drove results. Charles Schwab's Q3 Print was Somewhat Low Quality
• Negative Sentiment: Schwab indicated that full-year 2026 revenue and net-interest-margin growth could land at the lower end of its previous ranges. Truist reduced its price target, and some investors appear to be taking profits after the stock’s earlier gains.

Insider Buying and Selling

In other Charles Schwab news, Chairman Walter W. Bettinger sold 74,388 shares of the stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $110.91, for a total transaction of $8,250,373.08. Following the transaction, the chairman owned 610,360 shares in the company, valued at $67,695,027.60. This represents a 10.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Dennis Howard sold 2,198 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $110.00, for a total transaction of $241,780.00. Following the transaction, the insider owned 6,980 shares in the company, valued at approximately $767,800. The trade was a 23.95% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 645,582 shares of company stock valued at $69,553,935 in the last 90 days. 6.30% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Charles Schwab

Several institutional investors have recently made changes to their positions in SCHW. Flossbach Von Storch SE acquired a new position in Charles Schwab in the 2nd quarter valued at $987,930,000. Bank of New York Mellon Corp lifted its position in shares of Charles Schwab by 22.9% during the 1st quarter. Bank of New York Mellon Corp now owns 16,162,082 shares of the financial services provider's stock valued at $1,518,913,000 after acquiring an additional 3,009,884 shares during the period. Danske Bank A S bought a new stake in shares of Charles Schwab during the 2nd quarter valued at $145,950,000. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Charles Schwab during the 1st quarter worth $129,140,000. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Charles Schwab by 67.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 2,923,270 shares of the financial services provider's stock worth $285,720,000 after purchasing an additional 1,179,312 shares in the last quarter. 84.38% of the stock is currently owned by institutional investors.

Charles Schwab Stock Down 2.5%

Shares of SCHW opened at $91.81 on Friday. Charles Schwab has a 52 week low of $83.96 and a 52 week high of $114.53. The firm has a market cap of $158.77 billion, a P/E ratio of 15.67, a price-to-earnings-growth ratio of 0.80 and a beta of 0.79. The firm's 50-day simple moving average is $104.50 and its 200 day simple moving average is $98.15. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.64 and a current ratio of 0.64.

Charles Schwab (NYSE:SCHW - Get Free Report) last released its quarterly earnings results on Thursday, October 15th. The financial services provider reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.03. The firm had revenue of $7.17 billion for the quarter, compared to analysts' expectations of $7.18 billion. Charles Schwab had a net margin of 39.33% and a return on equity of 25.79%. The business's revenue was up 16.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.31 EPS. On average, analysts forecast that Charles Schwab will post 6.45 earnings per share for the current year.

Charles Schwab Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, August 14th. Charles Schwab's payout ratio is presently 23.27%.

Charles Schwab Company Profile

Charles Schwab Corporation NYSE: SCHW is a financial services company that provides brokerage, investment, banking and wealth management services to individual investors, employers, institutions and independent investment advisors. Its offerings include online and mobile trading, securities brokerage, retirement accounts, financial planning, portfolio management, banking products, research and access to mutual funds and exchange-traded funds.

The company operates through businesses including Schwab Brokerage, Schwab Wealth Advisory, Schwab Asset Management and Charles Schwab Bank.

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