LPL Financial (NASDAQ:LPLA) Given New $395.00 Price Target at UBS Group

Key Points

• UBS raised its price target on LPL Financial to $395 (from $380) and maintained a "buy" rating, implying about a 24% upside; the street average price target is roughly $399 with a consensus rating of "Moderate Buy."
• Q1 results beat expectations — adjusted EPS $5.60 vs. $5.49 and revenue $4.94B vs. $4.51B — with advisory assets up ~42% YoY and management resuming buybacks (~$125M planned) and a $0.30 quarterly dividend.
• Near-term headwinds cloud the outlook: shares traded down to $318.63 after recruited assets plunged ~55% YoY (~$17B), management lowered the Commonwealth run‑rate EBITDA and flagged higher G&A, and insiders have been net sellers.

LPL Financial (NASDAQ:LPLA - Get Free Report) had its price target boosted by investment analysts at UBS Group from $380.00 to $395.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a "buy" rating on the financial services provider's stock. UBS Group's price objective points to a potential upside of 23.97% from the company's previous close.

Several other equities research analysts have also commented on LPLA. Citizens Jmp reissued a "market outperform" rating and set a $500.00 price target on shares of LPL Financial in a research note on Monday, April 6th. Keefe, Bruyette & Woods assumed coverage on LPL Financial in a research note on Wednesday, April 8th. They set an "outperform" rating and a $350.00 price target on the stock. Wolfe Research set a $478.00 target price on LPL Financial in a report on Friday, January 30th. TD Cowen lowered their target price on LPL Financial from $330.00 to $326.00 and set a "hold" rating on the stock in a report on Friday. Finally, Jefferies Financial Group lowered their target price on LPL Financial from $464.00 to $383.00 and set a "buy" rating on the stock in a report on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $398.86.

LPL Financial Price Performance

Shares of NASDAQ LPLA traded down $15.50 during midday trading on Friday, hitting $318.63. The company had a trading volume of 1,288,825 shares, compared to its average volume of 941,439. The company has a quick ratio of 2.45, a current ratio of 2.45 and a debt-to-equity ratio of 1.36. LPL Financial has a twelve month low of $281.51 and a twelve month high of $403.58. The business has a 50-day simple moving average of $308.70 and a two-hundred day simple moving average of $342.49. The firm has a market capitalization of $25.55 billion, a price-to-earnings ratio of 28.94, a price-to-earnings-growth ratio of 0.91 and a beta of 0.56.

LPL Financial (NASDAQ:LPLA - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The financial services provider reported $5.60 EPS for the quarter, beating the consensus estimate of $5.49 by $0.11. LPL Financial had a net margin of 5.08% and a return on equity of 34.19%. The firm had revenue of $4.94 billion during the quarter, compared to analysts' expectations of $4.51 billion. During the same quarter last year, the business earned $5.15 earnings per share. The business's revenue for the quarter was up 34.6% compared to the same quarter last year. Equities research analysts anticipate that LPL Financial will post 23 earnings per share for the current year.

Insiders Place Their Bets

In other LPL Financial news, Director Marc Eliot Cohen sold 1,088 shares of LPL Financial stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $309.72, for a total value of $336,975.36. Following the completion of the sale, the director directly owned 4,400 shares of the company's stock, valued at approximately $1,362,768. The trade was a 19.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Matthew J. Audette sold 1,110 shares of LPL Financial stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $330.01, for a total transaction of $366,311.10. Following the completion of the sale, the chief financial officer directly owned 19,803 shares of the company's stock, valued at $6,535,188.03. The trade was a 5.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 8,569 shares of company stock valued at $2,720,733. Company insiders own 0.60% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of LPLA. Osterweis Capital Management Inc. purchased a new position in shares of LPL Financial during the 2nd quarter worth about $26,000. SJS Investment Consulting Inc. lifted its holdings in shares of LPL Financial by 912.5% during the 3rd quarter. SJS Investment Consulting Inc. now owns 81 shares of the financial services provider's stock worth $27,000 after acquiring an additional 73 shares during the period. Chung Wu Investment Group LLC acquired a new position in shares of LPL Financial in the 3rd quarter valued at $27,000. Clearstead Advisors LLC boosted its holdings in shares of LPL Financial by 3,650.0% in the 4th quarter. Clearstead Advisors LLC now owns 75 shares of the financial services provider's stock valued at $27,000 after purchasing an additional 73 shares during the last quarter. Finally, Steigerwald Gordon & Koch Inc. boosted its holdings in shares of LPL Financial by 550.0% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 78 shares of the financial services provider's stock valued at $28,000 after purchasing an additional 66 shares during the last quarter. 95.66% of the stock is currently owned by hedge funds and other institutional investors.

LPL Financial News Roundup

Here are the key news stories impacting LPL Financial this week:

• Positive Sentiment: Q1 beat on the top and bottom line — adjusted EPS of $5.60 and revenue of $4.94B, above consensus; gross profit and adjusted pre-tax income rose year-over-year, supporting profitability. LPL Financial Announces First-Quarter 2026 Results
• Positive Sentiment: Advisory assets and total client assets expanded materially (advisory assets +42% YoY; total client assets $2.3T), increasing recurring-fee exposure and long-term revenue mix. LPLA Q1 Earnings Beat — Zacks
• Positive Sentiment: Capital returns and shareholder-friendly actions: company resumed share repurchases (~$125M planned for Q2) and declared a quarterly dividend ($0.30/share), which can support valuation. LPL Q1 Slide Deck / Press Release
• Neutral Sentiment: JPMorgan slightly trimmed its price target (from $396 to $390) but kept an Overweight rating, signaling continued analyst conviction despite trimming assumptions. Benzinga — JPMorgan Price Target
• Neutral Sentiment: Full earnings call/transcript and analyst notes are available for deeper read-through of assumptions and guidance changes. Earnings Call Transcript — Seeking Alpha
• Negative Sentiment: Recruited assets plunged (~$17B; down ~55% YoY), and organic net new assets were modest ($21B), raising concerns about forward growth momentum for AUM-driven fees. This softness is a key driver of the intra-day decline. Quiver Quant — Asset Metrics & Price Reaction
• Negative Sentiment: Management lowered the estimated Commonwealth run‑rate EBITDA (to ~$410M from $425M) and flagged higher Core G&A, which tempers margin upside and near-term cash flow expectations. LPL Financial Q1 Release — GlobeNewswire
• Negative Sentiment: Market reaction is amplified by visible insider selling activity reported in recent months (multiple insiders selling, few purchases), which can add to near-term selling pressure. Quiver Quant — Insider & Institutional Activity

LPL Financial Company Profile

LPL Financial NASDAQ: LPLA is a U.S.-focused financial services firm that provides brokerage, custodial and advisory platforms to independent financial advisors, registered investment advisers and institutions. Operating primarily as an independent broker-dealer and custodian, the company supports a network of advisors with the operational, compliance and clearing infrastructure needed to manage client accounts and deliver investment advice outside of traditional wirehouse models.

The firm's product and service offerings include trade execution and clearing, custody services, retirement plan services, model portfolio and advisory platforms, wealth management technology, investment research and product access across equities, fixed income, mutual funds, exchange-traded funds and insurance and annuity solutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.