LPL Financial Holdings Inc. (LPLA)

LPL Financial Holdings Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for LPLA stock have an average target of 286.92, with a low estimate of 240 and a high estimate of 315. The average target predicts a decrease of -11.75% from the current stock price of 325.12.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$240	$286.92	$285	$315
Change	-26.18%	-11.75%	-12.34%	-3.11%

Analyst Ratings

The average analyst rating for LPLA stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	3	3	2	4	4	4
Buy	4	5	5	5	5	5
Hold	4	4	4	5	4	4
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	12	13	12	15	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Alexander Blostein Goldman Sachs	Goldman Sachs	Strong Buy Maintains $271 → $305	Strong Buy	Maintains	$271 → $305	-6.19%	Nov 1, 2024
Christopher Allen Citigroup	Citigroup	Strong Buy Maintains $285 → $310	Strong Buy	Maintains	$285 → $310	-4.65%	Oct 31, 2024
Benjamin Budish Barclays	Barclays	Buy Maintains $273 → $311	Buy	Maintains	$273 → $311	-4.34%	Oct 31, 2024
Bill Kirk TD Cowen	TD Cowen	Hold Maintains $271 → $277	Hold	Maintains	$271 → $277	-14.80%	Oct 31, 2024
Michael Cyprys Morgan Stanley	Morgan Stanley	Buy Maintains $303 → $309	Buy	Maintains	$303 → $309	-4.96%	Oct 17, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

12.17B

Increased by 21.10%

from 10.05B

Revenue Next Year

14.26B

Increased by 17.11%

from 12.17B

EPS This Year

16.48

Increased by 20.37%

from 13.69

EPS Next Year

19.32

Increased by 17.25%

from 16.48

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	5.62B	5.87B	7.72B	8.60B	10.05B	12.17B	14.26B	15.94B
Revenue Growth	8.41%	4.39%	31.49%	11.40%	16.88%	21.10%	17.11%	11.77%
EPS	6.62	5.86	5.63	10.40	13.69	16.48	19.32	22.52
EPS Growth	36.49%	-11.48%	-3.92%	84.72%	31.63%	20.37%	17.25%	16.53%
Forward PE	-	-	-	-	-	19.73	16.83	14.44
No. Analysts	-	-	-	-	-	20	20	16

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	12.8B	15.5B	17.6B
Avg	12.2B	14.3B	15.9B
Low	11.1B	11.8B	12.7B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	26.8%	27.4%	23.4%
Avg	21.1%	17.1%	11.8%
Low	10.5%	-3.4%	-11.0%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	17.47	21.52	26.19
Avg	16.48	19.32	22.52
Low	15.32	16.86	18.27

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	27.6%	30.6%	35.5%
Avg	20.4%	17.3%	16.5%
Low	11.9%	2.3%	-5.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.