TD Cowen analyst Bill Katz has increased the price target for Charles Schwab (SCHW, Financial) to $95, up from $88, while maintaining a Buy rating on the stock. This change comes in the wake of the company's strong performance in the first quarter, which prompted Cowen to revise its earnings estimates for the years 2025 and 2026.
Charles Schwab has been reaffirmed as a Top Pick by the firm, reflecting confidence in its growth prospects. Cowen stated that their conservative approach to forecasting the company's key financial drivers has been beneficial, indicating potential for further gains.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Charles Schwab Corp (SCHW, Financial) is $87.21 with a high estimate of $103.00 and a low estimate of $65.00. The average target implies an upside of 14.52% from the current price of $76.15. More detailed estimate data can be found on the Charles Schwab Corp (SCHW) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, Charles Schwab Corp's (SCHW, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Charles Schwab Corp (SCHW, Financial) in one year is $87.33, suggesting a upside of 14.68% from the current price of $76.15. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Charles Schwab Corp (SCHW) Summary page.
