The Charles Schwab Corporation (SCHW)
NYSE: SCHW · IEX Real-Time Price · USD
74.15
+0.73 (0.99%)
At close: Jul 2, 2024, 4:00 PM
73.48
-0.67 (-0.90%)
After-hours: Jul 2, 2024, 7:40 PM EDT
SCHW Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for SCHW stock have an average target of 78.54, with a low estimate of 70 and a high estimate of 91. The average target predicts an increase of 5.92% from the current stock price of 74.15.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for SCHW stock from 13 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 4 | 4 | 3 | 3 |
| Buy | 8 | 7 | 6 | 5 | 5 | 4 |
| Hold | 6 | 5 | 5 | 5 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 20 | 17 | 17 | 15 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $76 | Hold | Maintains | $76 | +2.49% | Jun 17, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $89 → $81 | Buy | Maintains | $89 → $81 | +9.24% | May 31, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $80 | Buy | Reiterates | $80 | +7.89% | May 28, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $86 → $83 | Strong Buy | Maintains | $86 → $83 | +11.94% | May 23, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $92 → $88 | Strong Buy | Maintains | $92 → $88 | +18.68% | May 23, 2024 |
Financial Forecast
Revenue This Year
20.05B
from 18.84B
Increased by 6.46%
Revenue Next Year
23.08B
from 20.05B
Increased by 15.09%
EPS This Year
3.34
from 2.54
Increased by 31.37%
EPS Next Year
4.41
from 3.34
Increased by 32.20%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.1B | 25.2B | 28.6B | 28.3B | 31.4B |
| Avg | 20.1B | 23.1B | 25.5B | 26.6B | 29.1B |
| Low | 18.9B | 20.8B | 23.1B | 24.6B | 26.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.2% | 25.4% | 23.9% | 10.9% | 18.2% |
| Avg | 6.5% | 15.1% | 10.5% | 4.1% | 9.6% |
| Low | 0.4% | 3.5% | 0.1% | -3.4% | 0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.73 | 5.08 | 6.55 | 5.78 | 6.62 |
| Avg | 3.34 | 4.41 | 5.38 | 5.35 | 6.16 |
| Low | 2.96 | 3.35 | 4.08 | 4.89 | 5.65 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 46.8% | 52.3% | 48.5% | 7.3% | 23.6% |
| Avg | 31.4% | 32.2% | 22.0% | -0.6% | 15.1% |
| Low | 16.5% | 0.4% | -7.6% | -9.1% | 5.7% |
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.