Key Highlights:
- Charles Schwab (SCHW, Financial) beats earnings expectations with a non-GAAP EPS of $1.04.
- Revenue reaches an impressive $5.6 billion, surpassing forecasts by $60 million.
- Analysts predict substantial upside potential for SCHW, with an average price target of $85.63.
Impressive Earnings Performance
Charles Schwab (SCHW) has delivered robust financial results, outperforming analyst expectations with a non-GAAP earnings per share of $1.04. This achievement surpasses projections by $0.03, showcasing the company's solid operational performance. Furthermore, Charles Schwab reported revenues of $5.6 billion, exceeding expectations by $60 million, highlighting its growth potential.
Wall Street Analysts Forecast
According to 19 analysts, the average one-year price target for Charles Schwab Corp (SCHW, Financial) stands at $85.63. Price forecasts range from a high of $102.00 to a low of $65.00, implying a promising upside potential of 13.12% from its current trading price of $75.70. For further insights into these projections, visit the Charles Schwab Corp (SCHW) Forecast page.
Analyst Recommendations
The consensus among 23 brokerage firms reinforces a positive outlook for Charles Schwab Corp (SCHW, Financial), with an average recommendation score of 2.0, categorizing the stock as "Outperform." This rating, which falls within a scale of 1 to 5, indicates that analysts foresee potential strengths for SCHW, with 1 representing a Strong Buy and 5 a Sell.
Evaluating Charles Schwab's GF Value
GuruFocus estimates project a GF Value for Charles Schwab Corp (SCHW, Financial) at $87.42 within a year, offering an anticipated upside of 15.48% from its current price of $75.7. This GF Value reflects an insightful estimate of a fair trading price, considering historical multiples, previous growth patterns, and future business performance expectations. For more comprehensive data, visit the Charles Schwab Corp (SCHW) Summary page.
