LPL Financial (LPLA) Stock Forecast, Price Target & Predictions
LPLA Stock Forecast
LPL Financial stock forecast is as follows: an average price target of $277.89 (represents a -11.65% downside from LPLA’s last price of $314.54) 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 $277.89 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 $195.00. This represents a potential -11.65% downside from LPLA's last price of $314.54.
LPLA Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 09, 2024 | Michael Brown | Wells Fargo | $285.00 | $245.83 | 15.93% | -9.39% |
| Sep 25, 2024 | Alexander Blostein | Goldman Sachs | $271.00 | $230.35 | 17.65% | -13.84% |
| Jul 30, 2024 | Craig Siegenthaler | Bank of America Securities | $268.00 | $221.58 | 20.95% | -14.80% |
| Jul 26, 2024 | Devin Ryan | JMP Securities | $310.00 | $239.20 | 29.60% | -1.44% |
| Jul 26, 2024 | Benjamin Budish | Barclays | $273.00 | $239.20 | 14.13% | -13.21% |
| Jul 10, 2024 | Benjamin Budish | Barclays | $313.00 | $273.22 | 14.56% | -0.49% |
| Jul 08, 2024 | Gerald O'Hara | Jefferies | $334.00 | $272.66 | 22.50% | 6.19% |
| May 01, 2024 | Benjamin Budish | Barclays | $319.00 | $269.13 | 18.53% | 1.42% |
| Apr 09, 2024 | Devin Ryan | JMP Securities | $305.00 | $261.30 | 16.72% | -3.03% |
| Apr 09, 2024 | Michael Cyprys | Morgan Stanley | $315.00 | $261.30 | 20.55% | 0.15% |
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 -9.39% decrease from LPLA last price ($314.54).
LPL Financial Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 10 |
| Avg Price Target | - | $278.00 | $299.30 |
| Last Closing Price | $314.54 | $314.54 | $314.54 |
| Upside/Downside | -100.00% | -11.62% | -4.85% |
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 $314.54. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 31, 2024 | Citigroup | Buy | Buy | Hold |
| Oct 31, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Oct 31, 2024 | Barclays | Overweight | Overweight | Hold |
| Oct 09, 2024 | Wells Fargo | Equal-Weight | Overweight | Upgrade |
| Oct 02, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Sep 25, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Sep 20, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Sep 11, 2024 | Wells Fargo | - | Equal-Weight | Initialise |
| Aug 23, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Jul 30, 2024 | Bank of America Securities | Neutral | Buy | Upgrade |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $461.96M | $546.26M | $506.75M | $510.57M |
| Avg Forecast | $4.10B | $3.98B | $3.83B | $3.69B | $3.66B | $3.61B | $3.49B | $3.36B | $3.26B | $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 | $1.36B | $1.44B | $1.44B | $1.42B |
| High Forecast | $4.24B | $4.12B | $3.96B | $3.82B | $3.79B | $3.73B | $3.61B | $3.46B | $3.38B | $3.05B | $2.89B | $2.71B | $2.56B | $2.53B | $2.52B | $2.47B | $2.35B | $2.16B | $2.09B | $2.13B | $2.08B | $2.03B | $1.76B | $1.65B | $1.52B | $1.43B | $1.36B | $1.44B | $1.44B | $1.42B |
| Low Forecast | $3.93B | $3.81B | $3.67B | $3.53B | $3.51B | $3.46B | $3.35B | $3.25B | $3.12B | $3.04B | $2.89B | $2.71B | $2.44B | $2.50B | $2.34B | $2.29B | $2.18B | $2.16B | $2.09B | $2.13B | $2.08B | $2.03B | $1.76B | $1.65B | $1.52B | $1.43B | $1.36B | $1.44B | $1.44B | $1.42B |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 6 | 4 | 4 | 7 | 4 |
| 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% | 0.34% | 0.38% | 0.35% | 0.36% |
LPL Financial's average Quarter revenue forecast for Dec 23 based on 2 analysts is $2.55B, with a low forecast of $2.44B, 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 6 | 4 | 4 | 7 | 4 |
| 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 | $207.15M | $280.16M | $238.68M | $250.28M |
| Avg Forecast | $1.55B | $1.51B | $1.45B | $1.40B | $1.39B | $1.37B | $1.32B | $1.27B | $1.23B | $1.15B | $1.09B | $214.16M | $963.87M | $951.35M | $924.99M | $229.05M | $227.70M | $820.20M | $794.29M | $244.97M | $789.25M | $771.63M | $668.75M | $191.51M | $577.04M | $542.09M | $516.87M | $220.84M | $547.47M | $539.81M |
| High Forecast | $1.60B | $1.56B | $1.50B | $1.44B | $1.43B | $1.41B | $1.37B | $1.31B | $1.28B | $1.15B | $1.09B | $256.99M | $967.67M | $959.77M | $956.26M | $274.86M | $273.24M | $820.20M | $794.29M | $293.96M | $789.25M | $771.63M | $668.75M | $229.81M | $577.04M | $542.09M | $516.87M | $265.00M | $547.47M | $539.81M |
| Low Forecast | $1.49B | $1.44B | $1.39B | $1.34B | $1.33B | $1.31B | $1.27B | $1.23B | $1.18B | $1.15B | $1.09B | $171.33M | $923.25M | $946.15M | $886.01M | $183.24M | $182.16M | $820.20M | $794.29M | $195.98M | $789.25M | $771.63M | $668.75M | $153.21M | $577.04M | $542.09M | $516.87M | $176.67M | $547.47M | $539.81M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.48% | 0.51% | 2.36% | 2.34% | 0.51% | 0.39% | 1.09% | 0.28% | 0.29% | 0.36% | 1.27% | 0.38% | 0.38% | 0.40% | 1.27% | 0.44% | 0.46% |
2 analysts predict LPLA's average Quarter EBITDA for Dec 23 to be $963.87M, with a high of $967.67M and a low of $923.25M. This is 110.26% upper than LPL Financial's previous annual EBITDA (Sep 23) of $458.42M.
LPL Financial Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 6 | 4 | 4 | 7 | 4 |
| 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 | $101.66M | $155.64M | $126.68M | $131.71M |
| Avg Forecast | $425.24M | $417.08M | $394.05M | $384.77M | $365.04M | $365.58M | $352.75M | $347.65M | $299.38M | $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 | $98.07M | $122.68M | $120.47M | $121.61M |
| High Forecast | $443.93M | $435.41M | $411.37M | $401.68M | $381.08M | $381.65M | $368.26M | $360.94M | $318.38M | $282.34M | $279.74M | $128.61M | $270.02M | $279.47M | $303.56M | $137.56M | $131.33M | $213.44M | $147.04M | $147.12M | $114.26M | $129.62M | $126.85M | $122.52M | $100.94M | $92.88M | $98.07M | $147.22M | $120.47M | $121.61M |
| Low Forecast | $401.94M | $394.23M | $372.47M | $363.69M | $345.04M | $345.55M | $333.43M | $335.94M | $272.79M | $277.55M | $279.72M | $85.74M | $240.10M | $260.58M | $274.85M | $91.70M | $87.55M | $213.44M | $147.04M | $98.08M | $114.26M | $129.62M | $126.85M | $81.68M | $100.94M | $92.88M | $98.07M | $98.15M | $120.47M | $121.61M |
| 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% | 1.04% | 1.27% | 1.05% | 1.08% |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 6 | 4 | 4 | 7 | 4 |
| 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 | $202.22M | $215.03M | $212.64M | $212.55M |
| Avg Forecast | $1.39B | $1.35B | $1.29B | $1.25B | $1.24B | $1.22B | $1.18B | $1.13B | $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 | $460.17M | $169.50M | $487.41M | $480.59M |
| High Forecast | $1.43B | $1.39B | $1.34B | $1.29B | $1.28B | $1.26B | $1.22B | $1.17B | $1.14B | $1.03B | $975.44M | $282.88M | $863.69M | $856.64M | $853.51M | $302.55M | $380.23M | $730.22M | $707.16M | $323.58M | $702.67M | $686.98M | $595.39M | $215.24M | $513.74M | $482.62M | $460.17M | $203.40M | $487.41M | $480.59M |
| Low Forecast | $1.33B | $1.29B | $1.24B | $1.19B | $1.19B | $1.17B | $1.13B | $1.10B | $1.06B | $1.03B | $975.44M | $188.59M | $824.05M | $844.49M | $790.81M | $201.70M | $253.49M | $730.22M | $707.16M | $215.72M | $702.67M | $686.98M | $595.39M | $143.49M | $513.74M | $482.62M | $460.17M | $135.60M | $487.41M | $480.59M |
| 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% | 0.44% | 1.27% | 0.44% | 0.44% |
LPL Financial's average Quarter SG&A projection for Dec 23 is $860.31M, based on 2 Wall Street analysts, with a range of $824.05M 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 6 | 4 | 4 | 7 | 4 |
| 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 | $1.29 | $1.96 | $1.57 | $1.61 |
| Avg Forecast | $5.64 | $5.53 | $5.23 | $5.10 | $4.84 | $4.85 | $4.68 | $4.61 | $3.97 | $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 | $1.30 | $1.70 | $1.59 | $1.61 |
| High Forecast | $5.89 | $5.77 | $5.46 | $5.33 | $5.05 | $5.06 | $4.88 | $4.79 | $4.22 | $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 | $1.30 | $1.70 | $1.59 | $1.61 |
| Low Forecast | $5.33 | $5.23 | $4.94 | $4.82 | $4.58 | $4.58 | $4.42 | $4.46 | $3.62 | $3.68 | $3.71 | $3.81 | $3.18 | $3.46 | $3.64 | $4.09 | $3.78 | $2.83 | $1.95 | $1.80 | $1.51 | $1.72 | $1.68 | $1.46 | $1.34 | $1.23 | $1.30 | $1.70 | $1.59 | $1.61 |
| 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% | 0.99% | 1.15% | 0.98% | 1.00% |
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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MKTX | MarketAxess | $264.98 | $299.57 | 13.05% | Hold |
| LAZ | Lazard | $55.76 | $53.25 | -4.50% | Buy |
| TW | Tradeweb Markets | $128.70 | $115.71 | -10.09% | Buy |
| LPLA | LPL Financial | $314.54 | $277.89 | -11.65% | Buy |
| SF | Stifel Financial | $115.57 | $101.60 | -12.09% | Buy |
| RJF | Raymond James Financial | $160.15 | $136.00 | -15.08% | Buy |
| HLI | Houlihan Lokey | $184.08 | $119.50 | -35.08% | Hold |
| MC | Moelis & Company | $76.33 | $47.00 | -38.43% | Buy |
| EVR | Evercore | $299.66 | $180.75 | -39.68% | Buy |
| PWP | Perella Weinberg Partners | $25.73 | $15.50 | -39.76% | Buy |
| PJT | PJT Partners | $159.26 | $79.50 | -50.08% | Buy |
| PIPR | Piper Sandler Companies | $331.39 | $162.33 | -51.02% | Buy |