Bank of America has revised its price target for Charles Schwab (SCHW, Financial), increasing it from $66 to $70. This adjustment follows the review of Schwab's first-quarter earnings results. Despite the price target increase, the institution maintains an Underperform rating on Schwab shares.
The financial institution has also updated its earnings per share (EPS) estimates for Charles Schwab, with projections of $1.07 for the second quarter, $4.70 for 2026, and $5.69 for 2027. However, the Underperform rating persists due to concerns over Schwab's comparatively slower organic growth rate when measured against its online brokerage peers.
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.
