​

LPL Financial (LPLA) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

LPLA Stock Forecast

LPL Financial stock forecast is as follows: an average price target of $290.17 (represents a -11.51% downside from LPLA’s last price of $327.93) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.

LPLA Price Target

The average price target for LPL Financial (LPLA) is $290.17 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $334.00 to $268.00. This represents a potential -11.51% downside from LPLA's last price of $327.93.

LPLA Analyst Ratings

Buy

According to 14 Wall Street analysts, LPL Financial's rating consensus is 'Buy'. The analyst rating breakdown for LPLA stock is 0 'Strong Buy' (0.00%), 12 'Buy' (85.71%), 2 'Hold' (14.29%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

LPL Financial Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 09, 2024Michael BrownWells Fargo$285.00$245.8315.93%-13.09%
Sep 25, 2024Alexander BlosteinGoldman Sachs$271.00$230.3517.65%-17.36%
Jul 30, 2024Craig SiegenthalerBank of America Securities$268.00$221.5820.95%-18.28%
Jul 26, 2024Devin RyanJMP Securities$310.00$239.2029.60%-5.47%
Jul 26, 2024Benjamin BudishBarclays$273.00$239.2014.13%-16.75%
Jul 10, 2024Benjamin BudishBarclays$313.00$273.2214.56%-4.55%
Jul 08, 2024Gerald O'HaraJefferies$334.00$272.6622.50%1.85%
May 01, 2024Benjamin BudishBarclays$319.00$269.1318.53%-2.72%
Apr 09, 2024Devin RyanJMP Securities$305.00$261.3016.72%-6.99%
Apr 09, 2024Michael CyprysMorgan Stanley$315.00$261.3020.55%-3.94%
Aug 04, 2022UBS$250.00$216.9415.24%-23.76%
Apr 29, 2022Morgan Stanley$246.00$191.2528.63%-24.98%
Oct 29, 2021Christopher AllenCompass Point$195.00$163.5119.26%-40.54%
Apr 30, 2021Christopher HarrisWells Fargo$174.00$155.6911.76%-46.94%
Apr 30, 2021Jeremy CampbellBarclays$175.00$155.6912.40%-46.63%

The latest LPL Financial stock forecast, released on Oct 09, 2024 by Michael Brown from Wells Fargo, set a price target of $285.00, which represents a 15.93% increase from the stock price at the time of the forecast ($245.83), and a -13.09% decrease from LPLA last price ($327.93).

LPL Financial Price Target by Period

1M3M12M
# Anlaysts-210
Avg Price Target-$278.00$299.30
Last Closing Price$327.93$327.93$327.93
Upside/Downside-100.00%-15.23%-8.73%

In the current month, the average price target of LPL Financial stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to LPL Financial's last price of $327.93. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 31, 2024CitigroupBuyBuyHold
Oct 31, 2024Cowen & Co.HoldHoldHold
Oct 31, 2024BarclaysOverweightOverweightHold
Oct 09, 2024Wells FargoEqual-WeightOverweightUpgrade
Oct 02, 2024Morgan StanleyOverweightOverweightHold
Sep 25, 2024Goldman SachsBuyBuyHold
Sep 20, 2024Cowen & Co.HoldHoldHold
Sep 11, 2024Wells FargoEqual-WeightInitialise
Aug 23, 2024Cowen & Co.HoldHoldHold
Jul 30, 2024Bank of America SecuritiesNeutralBuyUpgrade
Jul 26, 2024UBSBuyBuyHold
Jul 26, 2024Keefe, Bruyette & WoodsUnderperformUnderperformHold
Jul 26, 2024JMP SecuritiesOutperformOutperformHold
Jul 10, 2024BarclaysOverweightOverweightHold
Jul 09, 2024JMP SecuritiesUnderperformUnderperformHold
Jul 09, 2024UBSMarket OutperformMarket OutperformHold
Jul 09, 2024UBSNeutralNeutralHold
Jul 08, 2024JefferiesBuyBuyHold
Jul 08, 2024Cowen & Co.HoldHoldHold
May 24, 2024Cowen & Co.HoldHoldHold
May 01, 2024UBSMarket OutperformMarket OutperformHold
May 01, 2024Cowen & Co.HoldHoldHold
May 01, 2024BarclaysOverweightOverweightHold
Apr 09, 2024JMP SecuritiesOutperformOutperformHold
Apr 09, 2024Morgan StanleyUnderperformOverweightUpgrade
Apr 08, 2024JMP SecuritiesUnderperformUnderperformHold
Apr 08, 2024BarclaysOverweightOverweightHold
Apr 04, 2024Raymond JamesUnderperformInitialise
Apr 02, 2024Bank of America SecuritiesNeutralNeutralHold
Mar 22, 2024UBSMarket PerformMarket PerformHold
Mar 22, 2024Morgan StanleyUnderperformUnderperformHold
Feb 26, 2024UBSMarket OutperformMarket OutperformHold
Feb 26, 2024Morgan StanleyUnderperformUnderperformHold
Feb 05, 2024UBSMarket OutperformMarket OutperformHold
Feb 05, 2024JMP SecuritiesUnderperformUnderperformHold
Jan 04, 2024Cowen & Co.UnderperformUnderperformHold
Jan 04, 2024JMP SecuritiesMarket PerformMarket PerformHold
Oct 30, 2023BarclaysOverweightOverweightHold
Oct 11, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Apr 11, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Mar 14, 2023CFRABuyUpgrade
Nov 30, 2022Redburn PartnersNeutralInitialise
Nov 30, 2022BarclaysOverweightInitialise
Nov 30, 2022UBSBuyNeutralInitialise
Nov 01, 2022Credit SuisseOutperformUpgrade
Aug 04, 2022UBSBuyBuyHold
May 11, 2022New StreetPositivePositiveHold
Apr 29, 2022Morgan StanleyOverweightOverweightHold

LPL Financial's last stock rating was published by Citigroup on Oct 31, 2024. The company gave LPLA a "Buy" rating, the same as its previous rate.

LPL Financial Financial Forecast

LPL Financial Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue-----------------$2.52B$946.05M$981.89M$935.11M$804.49M$682.35M$641.75M$615.54M$604.04M$576.43M$554.29M$508.80M$480.52M
Avg Forecast$8.54B$7.90B$7.31B$6.76B$4.10B$3.98B$3.83B$3.69B$3.68B$3.63B$3.51B$3.37B$3.27B$3.04B$2.89B$2.71B$2.55B$2.51B$2.44B$2.39B$2.27B$2.16B$2.09B$2.13B$2.08B$2.03B$1.76B$1.65B$1.52B$1.43B
High Forecast$8.83B$8.17B$7.56B$6.99B$4.24B$4.12B$3.96B$3.82B$3.81B$3.76B$3.63B$3.44B$3.36B$3.05B$2.89B$2.71B$2.56B$2.53B$2.53B$2.47B$2.35B$2.16B$2.09B$2.13B$2.08B$2.03B$1.76B$1.65B$1.52B$1.43B
Low Forecast$8.34B$7.71B$7.14B$6.60B$4.00B$3.89B$3.74B$3.60B$3.60B$3.55B$3.43B$3.32B$3.18B$3.04B$2.89B$2.71B$2.49B$2.50B$2.39B$2.34B$2.22B$2.16B$2.09B$2.13B$2.08B$2.03B$1.76B$1.65B$1.52B$1.43B
# Analysts111111111113311125443333444446
Surprise %-----------------1.00%0.39%0.41%0.41%0.37%0.33%0.30%0.30%0.30%0.33%0.34%0.33%0.34%

LPL Financial's average Quarter revenue forecast for Dec 23 based on 2 analysts is $2.55B, with a low forecast of $2.49B, and a high forecast of $2.56B. LPLA's average Quarter revenue forecast represents a 0.90% increase compared to the company's last Quarter revenue of $2.52B (Sep 23).

LPL Financial EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111113311125443333444446
EBITDA-----------------$458.42M$473.94M$539.74M$533.08M$414.24M$310.70M$267.24M$224.87M$224.98M$243.45M$243.13M$216.73M$204.89M
Avg Forecast$3.32B$3.07B$2.84B$2.63B$1.60B$1.55B$1.49B$1.44B$1.43B$1.41B$1.37B$1.31B$1.27B$1.19B$1.12B$214.16M$990.82M$977.95M$950.85M$229.05M$227.70M$820.20M$794.29M$244.97M$789.25M$771.63M$668.75M$191.51M$577.04M$542.09M
High Forecast$3.44B$3.18B$2.94B$2.72B$1.65B$1.60B$1.54B$1.49B$1.48B$1.46B$1.41B$1.34B$1.31B$1.19B$1.12B$256.99M$994.72M$986.60M$983.49M$274.86M$273.24M$820.20M$794.29M$293.96M$789.25M$771.63M$668.75M$229.81M$577.04M$542.09M
Low Forecast$3.25B$3.00B$2.78B$2.57B$1.56B$1.51B$1.45B$1.40B$1.40B$1.38B$1.34B$1.29B$1.24B$1.18B$1.12B$171.33M$967.77M$972.61M$928.72M$183.24M$182.16M$820.20M$794.29M$195.98M$789.25M$771.63M$668.75M$153.21M$577.04M$542.09M
Surprise %-----------------0.47%0.50%2.36%2.34%0.51%0.39%1.09%0.28%0.29%0.36%1.27%0.38%0.38%

2 analysts predict LPLA's average Quarter EBITDA for Dec 23 to be $990.82M, with a high of $994.72M and a low of $967.77M. This is 116.14% upper than LPL Financial's previous annual EBITDA (Sep 23) of $458.42M.

LPL Financial Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111113311125443333444446
Net Income-----------------$224.29M$285.52M$338.88M$319.08M$232.33M$160.54M$133.74M$108.08M$103.06M$119.10M$129.62M$111.55M$103.79M
Avg Forecast$535.76M$531.58M$521.58M$509.05M$428.91M$419.65M$401.07M$390.66M$368.63M$368.94M$355.17M$348.82M$300.41M$279.94M$279.73M$107.18M$255.44M$269.65M$290.78M$114.63M$109.44M$213.44M$147.04M$122.60M$114.26M$129.62M$126.85M$102.10M$100.94M$92.88M
High Forecast$559.67M$555.30M$544.85M$531.77M$448.06M$438.38M$418.97M$408.10M$385.08M$385.41M$371.02M$362.96M$321.92M$282.34M$279.74M$128.61M$270.02M$279.47M$303.75M$137.56M$131.33M$213.44M$147.04M$147.12M$114.26M$129.62M$126.85M$122.52M$100.94M$92.88M
Low Forecast$519.55M$515.49M$505.80M$493.65M$415.94M$406.95M$388.94M$378.84M$357.48M$357.78M$344.42M$337.82M$275.82M$277.55M$279.72M$85.74M$240.10M$260.58M$281.98M$91.70M$87.55M$213.44M$147.04M$98.08M$114.26M$129.62M$126.85M$81.68M$100.94M$92.88M
Surprise %-----------------0.83%0.98%2.96%2.92%1.09%1.09%1.09%0.95%0.80%0.94%1.27%1.11%1.12%

LPL Financial's average Quarter net income forecast for Dec 23 is $255.44M, with a range of $240.10M to $270.02M. LPLA's average Quarter net income forecast represents a 13.89% increase compared to the company's last Quarter net income of $224.29M (Sep 23).

LPL Financial SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111113311125443333444446
SG&A-----------------$231.32M$334.25M$331.76M$304.41M$302.56M$274.73M$279.04M$312.92M$299.82M$263.13M$227.71M$230.86M$221.79M
Avg Forecast$2.89B$2.67B$2.47B$2.29B$1.39B$1.35B$1.29B$1.25B$1.24B$1.23B$1.19B$1.14B$1.10B$1.03B$975.44M$235.73M$860.31M$849.13M$825.60M$252.12M$316.86M$730.22M$707.16M$269.65M$702.67M$686.98M$595.39M$179.36M$513.74M$482.62M
High Forecast$2.98B$2.76B$2.55B$2.36B$1.43B$1.39B$1.34B$1.29B$1.29B$1.27B$1.23B$1.16B$1.14B$1.03B$975.44M$282.88M$863.69M$856.64M$853.94M$302.55M$380.23M$730.22M$707.16M$323.58M$702.67M$686.98M$595.39M$215.24M$513.74M$482.62M
Low Forecast$2.82B$2.61B$2.41B$2.23B$1.35B$1.31B$1.26B$1.22B$1.22B$1.20B$1.16B$1.12B$1.08B$1.03B$975.44M$188.59M$840.29M$844.49M$806.39M$201.70M$253.49M$730.22M$707.16M$215.72M$702.67M$686.98M$595.39M$143.49M$513.74M$482.62M
Surprise %-----------------0.27%0.40%1.32%0.96%0.41%0.39%1.03%0.45%0.44%0.44%1.27%0.45%0.46%

LPL Financial's average Quarter SG&A projection for Dec 23 is $860.31M, based on 2 Wall Street analysts, with a range of $840.29M to $863.69M. The forecast indicates a 271.92% rise compared to LPLA last annual SG&A of $231.32M (Sep 23).

LPL Financial EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111113311125443333444446
EPS-----------------$2.95$3.70$4.30$4.01$2.91$2.01$1.67$1.35$1.29$1.49$1.63$1.41$1.31
Avg Forecast$7.11$7.05$6.92$6.75$5.69$5.57$5.32$5.18$4.89$4.89$4.71$4.63$3.98$3.71$3.71$3.81$3.39$3.58$3.86$4.33$3.99$2.83$1.95$1.80$1.51$1.72$1.68$1.46$1.34$1.23
High Forecast$7.42$7.36$7.23$7.05$5.94$5.81$5.56$5.41$5.11$5.11$4.92$4.81$4.27$3.74$3.71$3.81$3.58$3.71$4.03$4.52$4.17$2.83$1.95$1.80$1.51$1.72$1.68$1.46$1.34$1.23
Low Forecast$6.89$6.84$6.71$6.55$5.52$5.40$5.16$5.02$4.74$4.74$4.57$4.48$3.66$3.68$3.71$3.81$3.18$3.46$3.74$4.20$3.87$2.83$1.95$1.80$1.51$1.72$1.68$1.46$1.34$1.23
Surprise %-----------------0.82%0.96%0.99%1.00%1.03%1.03%0.93%0.89%0.75%0.89%1.11%1.06%1.07%

According to 2 Wall Street analysts, LPL Financial's projected average Quarter EPS for Dec 23 is $3.39, with a low estimate of $3.18 and a high estimate of $3.58. This represents a 14.83% increase compared to LPLA previous annual EPS of $2.95 (Sep 23).

LPL Financial Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MKTXMarketAxess$234.90$319.5036.02%Hold
MCMoelis & Company$74.40$79.006.18%Buy
LAZLazard$52.74$53.671.76%Buy
TWTradeweb Markets$133.29$130.67-1.97%Buy
SFStifel Financial$107.18$101.60-5.21%Buy
PIPRPiper Sandler Companies$312.19$292.00-6.47%Buy
HLIHoulihan Lokey$177.96$163.00-8.41%Hold
RJFRaymond James Financial$157.90$144.00-8.80%Buy
EVREvercore$290.20$263.00-9.37%Buy
LPLALPL Financial$329.40$290.17-11.91%Buy
PWPPerella Weinberg Partners$24.50$15.50-36.73%Buy
PJTPJT Partners$159.44$79.50-50.14%Buy

LPLA Forecast FAQ

Is LPL Financial a good buy?

Yes, according to 14 Wall Street analysts, LPL Financial (LPLA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 85.71% of LPLA's total ratings.

What is LPLA's price target?

LPL Financial (LPLA) average price target is $290.17 with a range of $268 to $334, implying a -11.51% from its last price of $327.93. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will LPL Financial stock go up soon?

According to Wall Street analysts' prediction for LPLA stock, the company can go down by -11.51% (from the last price of $327.93 to the average price target of $290.17), up by 1.85% based on the highest stock price target, and down by -18.28% based on the lowest stock price target.

Can LPL Financial stock reach $500?

LPLA's average twelve months analyst stock price target of $290.17 does not support the claim that LPL Financial can reach $500 in the near future.

What are LPL Financial's analysts' financial forecasts?

LPL Financial's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $15.6B (high $16.13B, low $15.23B), average EBITDA is $6.07B (high $6.28B, low $5.93B), average net income is $1.64B (high $1.71B, low $1.59B), average SG&A $5.27B (high $5.45B, low $5.15B), and average EPS is $21.75 (high $22.72, low $21.1). LPLA's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $30.5B (high $31.55B, low $29.79B), average EBITDA is $11.88B (high $12.28B, low $11.6B), average net income is $2.1B (high $2.19B, low $2.03B), average SG&A $10.31B (high $10.66B, low $10.07B), and average EPS is $27.82 (high $29.06, low $26.98).

Did the LPLA's actual financial results beat the analysts' financial forecasts?

Based on LPL Financial's last annual report (Dec 2022), the company's revenue was $3.06B, which missed the average analysts forecast of $8.65B by -64.59%. Apple's EBITDA was $1.53B, missing the average prediction of $2.09B by -26.92%. The company's net income was $845.7M, beating the average estimation of $592.52M by 42.73%. Apple's SG&A was $1.16B, missing the average forecast of $2.02B by -42.65%. Lastly, the company's EPS was $10.6, beating the average prediction of $10.56 by 0.34%. In terms of the last quarterly report (Sep 2023), LPL Financial's revenue was $2.52B, beating the average analysts' forecast of $2.51B by 0.41%. The company's EBITDA was $458.42M, missing the average prediction of $977.95M by -53.12%. LPL Financial's net income was $224.29M, missing the average estimation of $269.65M by -16.82%. The company's SG&A was $231.32M, missing the average forecast of $849.13M by -72.76%. Lastly, the company's EPS was $2.95, missing the average prediction of $3.58 by -17.51%