From what 19 stock analysts predict, the share price for Charles Schwab Corp-The (SCHW) might decrease by 1.86% in the next year. This is based on a 12-month average estimation for SCHW. Price targets go from $61 to $88. The majority of stock analysts believe SCHW is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
SCHW is a stock in Financial Services which has been forecasted to be worth $76.4 as an average. On the higher end, the forecast price is $88 USD by from Wells Fargo and on the lower end SCHW is forecasted to be $61 by Craig Siegenthaler from Credit Suisse.
These are the latest 20 analyst ratings of SCHW.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Brian Bedell Deutsche Bank | Buy | $80 | Maintains | Nov 11, 2024 |
Michael Cyprys Morgan Stanley | Equal-Weight | $74 | Maintains | Oct 24, 2024 |
Craig Siegenthaler B of A Securities | Underperform | $61 | Maintains | Oct 16, 2024 |
Michael Brown Wells Fargo | Equal-Weight | $75 | Maintains | Oct 16, 2024 |
Patrick Moley Piper Sandler | Neutral | $65 | Maintains | Oct 16, 2024 |
Benjamin Budish Barclays | Equal-Weight | $74 | Maintains | Oct 16, 2024 |
Kenneth Worthington JP Morgan | Overweight | $87 | Maintains | Oct 16, 2024 |
Kyle Voigt Keefe, Bruyette & Woods | Outperform | $81 | Maintains | Oct 16, 2024 |
Alexander Blostein Goldman Sachs | Neutral | $74 | Maintains | Oct 16, 2024 |
Devin Ryan JMP Securities | Market Outperform | $84 | Maintains | Oct 16, 2024 |
Michael Cyprys Morgan Stanley | Equal-Weight | $68 | Maintains | Oct 7, 2024 |
Daniel Fannon Jefferies | Buy | $73 | Maintains | Oct 4, 2024 |
Christopher Allen Citigroup | Neutral | $72 | Maintains | Sep 27, 2024 |
Alexander Blostein Goldman Sachs | Neutral | $67 | Maintains | Sep 26, 2024 |
Michael Brown Wells Fargo | Equal-Weight | $70 | Initiates | Sep 12, 2024 |
Kyle Voigt Keefe, Bruyette & Woods | Outperform | $80 | Maintains | Aug 22, 2024 |
Michael Cyprys Morgan Stanley | Equal-Weight | $70 | Maintains | Aug 16, 2024 |
Brian Bedell Deutsche Bank | Buy | $80 | Maintains | Aug 15, 2024 |
Patrick Moley Piper Sandler | Neutral | $64 | Downgrade | Jul 29, 2024 |
Devin Ryan JMP Securities | Market Outperform | $82 | Maintains | Jul 23, 2024 |
When did it IPO
1989
Staff Count
32,300
Country
United States
Sector/Industry
Financial Services/Capital Markets
CEO
Mr. Walter William Bettinger II
Market Cap
$143.13B
In 2023, SCHW generated $18.84B in revenue, which was a decrease of -9.27% from the previous year. This can be seen as a signal that SCHW's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Charles Schwab is increasing its offerings of active ETFs in response to investor demand for alternatives that balance passive and active investment strategies.
Why It Matters - Schwab's move to enhance active ETFs reflects a growing trend among investors seeking diversified strategies, potentially impacting competition and influencing ETF market dynamics.
Summary - A significant change in future expectations occurred on Tuesday night, which may impact market conditions and investor strategies.
Why It Matters - A significant change in expectations can lead to market volatility, impacting stock prices and investment strategies. Adjustments in forecasts may affect sector performance and asset allocation.
Summary - Morningstar highlights ServiceNow (NOW), Charles Schwab (SCHW), and Applied Materials (AMAT) as fairly valued stocks, suggesting investors look for buying opportunities during market dips.
Why It Matters - Fairly valued stocks like ServiceNow, Charles Schwab, and Applied Materials present potential buying opportunities during market dips, signaling strategic entry points for investors.
Summary - The Schwab Trading Activity Index (STAX) rose to 48.37 in October from 47.10 in September, indicating increased retail investor trading activity based on Schwab's client account data.
Why It Matters - An increase in the Schwab Trading Activity Index indicates rising retail investor activity and confidence, potentially signaling market trends and influencing stock prices.
Summary - Charles Schwab (SCHW) plans to expand its 24-hour trading services, joining other brokerages in offering round-the-clock market access.
Why It Matters - Charles Schwab's expansion of 24-hour trading signals increased competition in the brokerage space, potentially attracting more clients and affecting trading volumes and market dynamics.
Summary - SCHW will launch an extended overnight trading option to meet increasing demand from retail investors.
Why It Matters - SCHW's extended overnight trading could attract more retail investors, potentially boosting trading volume and revenue, impacting stock performance positively.