Charles Schwab (NYSE:SCHW) Price Target Raised to $114.00 at Argus

Charles Schwab (NYSE:SCHWGet Free Report) had its price target lifted by equities research analysts at Argus from $108.00 to $114.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the financial services provider’s stock. Argus’ price target would indicate a potential upside of 11.69% from the stock’s previous close.

A number of other analysts have also recently issued reports on the company. Zacks Research raised Charles Schwab from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 9th. BMO Capital Markets cut shares of Charles Schwab from an “outperform” rating to a “market perform” rating and set a $105.00 price target for the company. in a report on Monday. TD Cowen increased their price objective on shares of Charles Schwab from $108.00 to $109.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Morgan Stanley increased their price objective on shares of Charles Schwab from $125.00 to $133.00 and gave the stock an “overweight” rating in a research report on Friday, July 10th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Charles Schwab in a research report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Charles Schwab currently has a consensus rating of “Moderate Buy” and a consensus target price of $119.76.

Get Our Latest Stock Analysis on SCHW

Charles Schwab Trading Up 1.3%

NYSE:SCHW traded up $1.26 on Thursday, reaching $102.06. The company’s stock had a trading volume of 1,219,309 shares, compared to its average volume of 10,926,737. Charles Schwab has a 1-year low of $83.96 and a 1-year high of $107.50. The business’s 50-day moving average price is $93.47 and its two-hundred day moving average price is $95.34. The firm has a market cap of $177.50 billion, a PE ratio of 18.62, a PEG ratio of 0.83 and a beta of 0.77. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.62 and a current ratio of 0.62.

Charles Schwab (NYSE:SCHWGet Free Report) last released its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $1.62 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.06. Charles Schwab had a return on equity of 24.73% and a net margin of 38.79%.The company had revenue of $7.07 billion for the quarter, compared to analyst estimates of $6.90 billion. During the same quarter last year, the firm posted $1.14 earnings per share. Charles Schwab’s revenue was up 20.9% compared to the same quarter last year. Equities research analysts anticipate that Charles Schwab will post 6.3 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Charles Schwab news, insider Jonathan S. Beatty sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $100.01, for a total value of $200,020.00. Following the sale, the insider owned 13,738 shares in the company, valued at approximately $1,373,937.38. The trade was a 12.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frank C. Herringer sold 2,520 shares of the company’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $90.60, for a total value of $228,312.00. Following the transaction, the director directly owned 177,508 shares of the company’s stock, valued at approximately $16,082,224.80. This trade represents a 1.40% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 6,520 shares of company stock worth $622,392. 6.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in shares of Charles Schwab in the 4th quarter valued at approximately $1,994,189,000. Bank of New York Mellon Corp raised its position in Charles Schwab by 22.9% during the first quarter. Bank of New York Mellon Corp now owns 16,162,082 shares of the financial services provider’s stock worth $1,518,913,000 after acquiring an additional 3,009,884 shares in the last quarter. Primecap Management Co. CA lifted its stake in Charles Schwab by 9.7% in the fourth quarter. Primecap Management Co. CA now owns 23,276,071 shares of the financial services provider’s stock valued at $2,325,512,000 after acquiring an additional 2,066,884 shares during the last quarter. Focus Partners Wealth increased its stake in shares of Charles Schwab by 716.5% during the 4th quarter. Focus Partners Wealth now owns 2,101,463 shares of the financial services provider’s stock worth $209,948,000 after purchasing an additional 1,844,095 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. bought a new stake in shares of Charles Schwab in the 1st quarter valued at about $129,140,000. Institutional investors and hedge funds own 84.38% of the company’s stock.

Trending Headlines about Charles Schwab

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

  • Positive Sentiment: Schwab beat Q2 estimates, posting $1.62 EPS on $7.07 billion in revenue, with record trading activity and strong net interest revenue helping drive results. The company also raised its 2026 revenue outlook above Wall Street expectations. Article Title
  • Positive Sentiment: Management highlighted continued client growth, adding 1.4 million brokerage accounts, along with AI-related investments and higher trading activity, suggesting momentum could continue beyond the quarter. Article Title
  • Positive Sentiment: Barclays raised its price target on SCHW to $125 and kept an overweight rating, reinforcing a constructive view on the stock’s valuation and earnings power. Article Title
  • Positive Sentiment: Zacks added Charles Schwab to its #1 (Strong Buy) income stocks list, which may support investor sentiment toward the name. Article Title
  • Neutral Sentiment: Some coverage noted that SCHW stock slipped or stayed below recent highs despite the earnings beat, as investors appeared focused on expenses and the stock’s prior run-up rather than the headline results. Article Title
  • Neutral Sentiment: Several articles also framed the quarter as evidence of stronger long-term growth, with commentary suggesting Schwab may no longer be “dead money,” but these were more interpretive than new fundamental catalysts. Article Title

About Charles Schwab

(Get Free Report)

Charles Schwab Corporation (NYSE: SCHW) is a diversified financial services firm that provides brokerage, banking, wealth management and advisory services to individual investors, independent investment advisors and institutional clients. Its primary offerings include retail brokerage accounts, online trading platforms, Schwab-branded mutual funds and exchange-traded funds (ETFs), retirement plan services, custodial services for independent Registered Investment Advisors (RIAs), and banking products through Charles Schwab Bank.

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