Charles Schwab (SCHW) Stock Forecast, Price Target & Predictions

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SCHW Stock Forecast

Charles Schwab stock forecast is as follows: an average price target of $84.83 (represents a 5.79% upside from SCHW’s last price of $80.19) and a rating consensus of 'Buy', based on 19 wall street analysts offering a 1-year stock forecast.

SCHW Price Target

The average price target for Charles Schwab (SCHW) is $84.83 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $112.00 to $66.50. This represents a potential 5.79% upside from SCHW's last price of $80.19.

SCHW Analyst Ratings

Buy

According to 19 Wall Street analysts, Charles Schwab's rating consensus is 'Buy'. The analyst rating breakdown for SCHW stock is 0 'Strong Buy' (0.00%), 11 'Buy' (57.89%), 7 'Hold' (36.84%), 1 'Sell' (5.26%), and 0 'Strong Sell' (0.00%).

Charles Schwab Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 16, 2024	Daniel Fannon	Jefferies	$84.00	$71.96	16.73%	4.75%
Oct 16, 2024	Alexander Blostein	Goldman Sachs	$74.00	$71.96	2.83%	-7.72%
Oct 15, 2024	Michael Cyprys	Morgan Stanley	$68.00	$71.96	-5.50%	-15.20%
Oct 15, 2024	Devin Ryan	JMP Securities	$84.00	$71.96	16.73%	4.75%
Jul 23, 2024	Devin Ryan	JMP Securities	$82.00	$64.75	26.64%	2.26%
Jul 08, 2024	Daniel Fannon	Jefferies	$88.00	$73.39	19.91%	9.74%
Jun 18, 2024	Brian Bedell	Deutsche Bank	$81.00	$72.55	11.65%	1.01%
May 27, 2024	Benjamin Budish	Barclays	$72.00	$72.27	-0.37%	-10.21%
May 23, 2024	Benjamin Budish	Barclays	$75.00	$72.34	3.68%	-6.47%
May 23, 2024	Brian Bedell	Deutsche Bank	$83.00	$72.65	14.25%	3.50%

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The latest Charles Schwab stock forecast, released on Oct 16, 2024 by Daniel Fannon from Jefferies, set a price target of $84.00, which represents a 16.73% increase from the stock price at the time of the forecast ($71.96), and a 4.75% increase from SCHW last price ($80.19).

Charles Schwab Price Target by Period

	1M	3M	12M
# Anlaysts	-	4	20
Avg Price Target	-	$77.50	$78.50
Last Closing Price	$80.19	$80.19	$80.19
Upside/Downside	-100.00%	-3.35%	-2.11%

In the current month, the average price target of Charles Schwab stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Charles Schwab's last price of $80.19. 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
Nov 15, 2024	Citigroup	Neutral	Neutral	Hold
Oct 24, 2024	Morgan Stanley	Equal-Weight	Equal-Weight	Hold
Oct 16, 2024	Cowen & Co.	Hold	Hold	Hold
Oct 16, 2024	Jefferies	Buy	Buy	Hold
Oct 16, 2024	Goldman Sachs	Neutral	Neutral	Hold
Oct 16, 2024	Barclays	Equal-Weight	Equal-Weight	Hold
Oct 15, 2024	Wells Fargo	Equal-Weight	Equal-Weight	Hold
Oct 15, 2024	Morgan Stanley	Reduce	Reduce	Hold
Oct 15, 2024	JMP Securities	Market Outperform	Market Outperform	Hold
Oct 04, 2024	UBS	Underperform	Underperform	Hold

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Charles Schwab's last stock rating was published by Citigroup on Nov 15, 2024. The company gave SCHW a "Neutral" rating, the same as its previous rate.

Charles Schwab Financial Forecast

Charles Schwab 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	-	-	-	-	-	-	-	-	-	-	-	-	$2.13B	$4.61B	$4.66B	$5.12B	$5.50B	$5.50B	$5.09B	$4.67B	$4.71B	$4.57B	$4.53B	$4.71B	$4.18B	$2.45B	$2.45B	$2.62B	$2.61B	$2.71B
Avg Forecast	$6.19B	$6.02B	$5.85B	$5.62B	$5.57B	$5.41B	$5.30B	$5.16B	$5.08B	$4.78B	$4.68B	$4.71B	$4.49B	$4.62B	$4.61B	$5.13B	$5.55B	$5.41B	$5.04B	$4.83B	$4.79B	$4.52B	$4.46B	$4.62B	$4.11B	$2.42B	$2.48B	$2.61B	$2.61B	$2.64B
High Forecast	$6.36B	$6.19B	$6.01B	$5.78B	$5.72B	$5.56B	$5.45B	$5.24B	$5.22B	$4.81B	$4.68B	$4.71B	$4.72B	$4.74B	$4.74B	$5.28B	$5.71B	$5.57B	$5.18B	$4.97B	$4.93B	$4.65B	$4.59B	$4.75B	$4.22B	$2.49B	$2.56B	$2.69B	$2.68B	$2.72B
Low Forecast	$6.06B	$5.90B	$5.73B	$5.51B	$5.45B	$5.30B	$5.19B	$5.08B	$5.00B	$4.75B	$4.68B	$4.71B	$4.39B	$4.52B	$4.51B	$5.03B	$5.44B	$5.29B	$4.92B	$4.72B	$4.68B	$4.42B	$4.35B	$4.51B	$4.01B	$2.37B	$2.43B	$2.55B	$2.55B	$2.58B
# Analysts	5	4	5	4	4	3	4	8	9	4	5	4	8	4	5	4	4	3	5	3	6	4	6	4	3	3	3	3	2	3
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.47%	1.00%	1.01%	1.00%	0.99%	1.02%	1.01%	0.97%	0.98%	1.01%	1.02%	1.02%	1.02%	1.01%	0.99%	1.00%	1.00%	1.03%

Charles Schwab's average Quarter revenue forecast for Mar 24 based on 4 analysts is $4.71B, with a low forecast of $4.71B, and a high forecast of $4.71B. SCHW's average Quarter revenue forecast represents a 121.20% increase compared to the company's last Quarter revenue of $2.13B (Dec 23).

Charles Schwab 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	5	4	5	4	4	3	4	8	9	4	5	4	8	4	5	4	4	3	5	3	6	4	6	4	3	3	3	3	2	3
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$-401.00M	$-210.00M	$3.83B	$3.67B	$3.72B	$3.29B	$2.75B	$2.28B	$2.45B	$2.43B	$2.13B	$2.35B	$1.85B	$1.10B	$1.09B	$1.28B	$1.37B	$1.58B
Avg Forecast	$3.14B	$3.06B	$2.97B	$2.86B	$2.83B	$2.75B	$2.69B	$2.62B	$2.58B	$2.43B	$2.38B	$2.99B	$2.28B	$2.34B	$2.34B	$2.72B	$2.76B	$2.74B	$2.55B	$2.47B	$2.43B	$2.29B	$2.26B	$2.29B	$2.08B	$1.23B	$1.26B	$1.30B	$1.32B	$1.34B
High Forecast	$3.23B	$3.14B	$3.05B	$2.93B	$2.91B	$2.83B	$2.77B	$2.66B	$2.65B	$2.44B	$2.38B	$3.58B	$2.39B	$2.41B	$2.41B	$3.26B	$3.31B	$2.82B	$2.63B	$2.96B	$2.50B	$2.36B	$2.32B	$2.75B	$2.14B	$1.26B	$1.30B	$1.56B	$1.36B	$1.38B
Low Forecast	$3.08B	$2.99B	$2.91B	$2.80B	$2.77B	$2.69B	$2.64B	$2.58B	$2.54B	$2.41B	$2.38B	$2.39B	$2.23B	$2.30B	$2.29B	$2.17B	$2.20B	$2.68B	$2.49B	$1.98B	$2.37B	$2.24B	$2.21B	$1.83B	$2.03B	$1.20B	$1.23B	$1.04B	$1.29B	$1.31B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-0.18%	-0.09%	1.64%	1.35%	1.35%	1.20%	1.08%	0.92%	1.01%	1.06%	0.94%	1.03%	0.89%	0.90%	0.87%	0.98%	1.04%	1.18%

4 analysts predict SCHW's average Quarter EBITDA for Sep 23 to be $2.34B, with a high of $2.41B and a low of $2.30B. This is -38.82% lower than Charles Schwab's previous annual EBITDA (Jun 23) of $3.83B.

Charles Schwab 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	5	4	5	4	4	3	4	8	9	4	5	4	8	4	5	4	4	3	5	3	6	4	6	4	3	3	3	3	2	3
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$1.04B	$1.13B	$1.29B	$1.60B	$1.97B	$2.02B	$1.79B	$1.40B	$1.58B	$1.53B	$1.26B	$1.48B	$1.14B	$698.00M	$671.00M	$795.00M	$852.00M	$951.00M
Avg Forecast	$2.38B	$2.24B	$2.10B	$1.99B	$1.92B	$1.77B	$1.70B	$1.61B	$1.62B	$1.38B	$1.31B	$1.84B	$1.17B	$1.37B	$1.30B	$1.67B	$1.78B	$1.93B	$1.67B	$1.52B	$1.62B	$1.48B	$1.30B	$1.45B	$1.21B	$858.25M	$973.14M	$807.82M	$1.17B	$1.18B
High Forecast	$2.47B	$2.32B	$2.18B	$2.06B	$1.98B	$1.83B	$1.76B	$1.70B	$1.70B	$1.38B	$1.31B	$2.21B	$1.39B	$1.42B	$1.34B	$2.00B	$2.13B	$2.00B	$1.73B	$1.82B	$1.68B	$1.54B	$1.34B	$1.74B	$1.25B	$890.32M	$1.01B	$969.39M	$1.22B	$1.22B
Low Forecast	$2.32B	$2.18B	$2.04B	$1.94B	$1.86B	$1.72B	$1.65B	$1.54B	$1.55B	$1.38B	$1.31B	$1.47B	$1.06B	$1.34B	$1.26B	$1.34B	$1.42B	$1.87B	$1.62B	$1.22B	$1.57B	$1.44B	$1.26B	$1.16B	$1.17B	$832.09M	$943.48M	$646.26M	$1.14B	$1.14B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.89%	0.82%	1.00%	0.96%	1.11%	1.05%	1.08%	0.92%	0.98%	1.03%	0.98%	1.03%	0.94%	0.81%	0.69%	0.98%	0.73%	0.81%

Charles Schwab's average Quarter net income forecast for Mar 24 is $1.84B, with a range of $1.47B to $2.21B. SCHW's average Quarter net income forecast represents a 75.86% increase compared to the company's last Quarter net income of $1.04B (Dec 23).

Charles Schwab 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	5	4	5	4	4	3	4	8	9	4	5	4	8	4	5	4	4	3	5	3	6	4	6	4	3	3	3	3	2	3
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$1.24B	$2.14B	$1.60B	$1.96B	$1.61B	$1.76B	$1.77B	$1.86B	$1.72B	$1.63B	$1.68B	$1.77B	$1.71B	$1.01B	$1.00B	$1.07B	$992.00M	$1.02B
Avg Forecast	$2.24B	$2.18B	$2.12B	$2.04B	$2.02B	$1.96B	$1.92B	$1.87B	$1.84B	$1.73B	$1.70B	$2.44B	$1.63B	$1.67B	$1.67B	$2.22B	$1.93B	$1.96B	$1.83B	$2.01B	$1.74B	$1.64B	$1.62B	$1.73B	$1.49B	$878.47M	$900.81M	$1.09B	$945.86M	$958.63M
High Forecast	$2.31B	$2.24B	$2.18B	$2.10B	$2.08B	$2.02B	$1.97B	$1.90B	$1.89B	$1.74B	$1.70B	$2.93B	$1.71B	$1.72B	$1.72B	$2.66B	$2.32B	$2.02B	$1.88B	$2.42B	$1.79B	$1.69B	$1.66B	$2.07B	$1.53B	$903.73M	$926.71M	$1.31B	$973.06M	$986.18M
Low Forecast	$2.20B	$2.14B	$2.08B	$2.00B	$1.98B	$1.92B	$1.88B	$1.84B	$1.81B	$1.72B	$1.70B	$1.95B	$1.59B	$1.64B	$1.64B	$1.77B	$1.55B	$1.92B	$1.78B	$1.61B	$1.70B	$1.60B	$1.58B	$1.38B	$1.45B	$857.87M	$879.69M	$872.25M	$923.68M	$936.15M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.76%	1.28%	0.96%	0.88%	0.83%	0.90%	0.97%	0.92%	0.99%	0.99%	1.04%	1.03%	1.15%	1.16%	1.11%	0.98%	1.05%	1.07%

Charles Schwab's average Quarter SG&A projection for Mar 24 is $2.44B, based on 4 Wall Street analysts, with a range of $1.95B to $2.93B. The forecast indicates a 96.47% rise compared to SCHW last annual SG&A of $1.24B (Dec 23).

Charles Schwab 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	5	4	5	4	4	3	4	8	9	4	5	4	8	4	5	4	4	3	5	3	6	4	6	4	3	3	3	3	2	3
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$0.57	$0.56	$0.64	$0.84	$0.98	$1.00	$0.87	$0.67	$0.84	$0.74	$0.59	$0.74	$0.57	$0.48	$0.48	$0.59	$0.62	$0.70
Avg Forecast	$1.30	$1.22	$1.15	$1.08	$1.04	$0.97	$0.93	$0.88	$0.88	$0.75	$0.72	$0.73	$0.64	$0.75	$0.71	$0.90	$1.09	$1.05	$0.91	$0.84	$0.88	$0.81	$0.71	$0.82	$0.66	$0.47	$0.53	$0.62	$0.64	$0.64
High Forecast	$1.35	$1.26	$1.19	$1.12	$1.08	$1.00	$0.96	$0.93	$0.92	$0.75	$0.72	$0.73	$0.76	$0.78	$0.73	$0.93	$1.13	$1.09	$0.94	$0.87	$0.91	$0.84	$0.73	$0.85	$0.68	$0.49	$0.55	$0.65	$0.66	$0.67
Low Forecast	$1.26	$1.19	$1.11	$1.06	$1.02	$0.94	$0.90	$0.84	$0.84	$0.75	$0.72	$0.73	$0.58	$0.73	$0.69	$0.88	$1.06	$1.02	$0.88	$0.82	$0.85	$0.78	$0.69	$0.80	$0.64	$0.45	$0.51	$0.61	$0.62	$0.62
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.89%	0.75%	0.90%	0.93%	0.90%	0.95%	0.96%	0.79%	0.95%	0.91%	0.83%	0.90%	0.87%	1.03%	0.90%	0.94%	0.97%	1.09%

According to 4 Wall Street analysts, Charles Schwab's projected average Quarter EPS for Mar 24 is $0.73, with a low estimate of $0.73 and a high estimate of $0.73. This represents a 28.82% increase compared to SCHW previous annual EPS of $0.57 (Dec 23).

Charles Schwab Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
BITF	Bitfarms	$2.23	$4.26	91.03%	Buy
CLSK	CleanSpark	$14.12	$25.33	79.39%	Buy
BTBT	Bit Digital	$4.03	$6.50	61.29%	Buy
MARA	Marathon Digital	$19.86	$29.25	47.28%	Buy
RIOT	Riot Blockchain	$12.27	$16.56	34.96%	Buy
SCHW	Charles Schwab	$80.19	$84.83	5.79%	Buy
GS	Goldman Sachs Group	$581.38	$477.63	-17.85%	Buy
JEF	Jefferies Financial Group	$74.62	$59.60	-20.13%	Buy
HUT	Hut 8 Mining	$25.32	$16.90	-33.25%	Buy
GHL	Greenhill	$14.99	$8.50	-43.30%	Hold

SCHW Forecast FAQ

Is Charles Schwab a good buy?

Yes, according to 19 Wall Street analysts, Charles Schwab (SCHW) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 11 'Buy' recommendations, accounting for 57.89% of SCHW's total ratings.

What is SCHW's price target?

Charles Schwab (SCHW) average price target is $84.83 with a range of $66.5 to $112, implying a 5.79% from its last price of $80.19. The data is based on 19 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Charles Schwab stock go up soon?

According to Wall Street analysts' prediction for SCHW stock, the company can go up by 5.79% (from the last price of $80.19 to the average price target of $84.83), up by 39.67% based on the highest stock price target, and down by -17.07% based on the lowest stock price target.

Can Charles Schwab stock reach $120?

SCHW's average twelve months analyst stock price target of $84.83 does not support the claim that Charles Schwab can reach $120 in the near future.

What are Charles Schwab's analysts' financial forecasts?

Charles Schwab's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $21.44B (high $21.97B, low $21.03B), average EBITDA is $10.89B (high $11.16B, low $10.68B), average net income is $7B (high $7.28B, low $6.78B), average SG&A $7.77B (high $7.97B, low $7.62B), and average EPS is $3.81 (high $3.97, low $3.7). SCHW's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $23.69B (high $24.34B, low $23.2B), average EBITDA is $12.03B (high $12.36B, low $11.78B), average net income is $8.71B (high $9.02B, low $8.47B), average SG&A $8.59B (high $8.83B, low $8.41B), and average EPS is $4.75 (high $4.92, low $4.62).

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

Based on Charles Schwab's last annual report (Dec 2023), the company's revenue was $9.43B, which missed the average analysts forecast of $18.85B by -50.00%. Apple's EBITDA was $498M, missing the average prediction of $9.68B by -94.86%. The company's net income was $5.07B, missing the average estimation of $5.51B by -8.05%. Apple's SG&A was $4.76B, missing the average forecast of $7.19B by -33.86%. Lastly, the company's EPS was $2.77, missing the average prediction of $2.99 by -7.46%. In terms of the last quarterly report (Dec 2023), Charles Schwab's revenue was $2.13B, missing the average analysts' forecast of $4.49B by -52.60%. The company's EBITDA was $-401M, missing the average prediction of $2.28B by -117.57%. Charles Schwab's net income was $1.04B, missing the average estimation of $1.17B by -10.69%. The company's SG&A was $1.24B, missing the average forecast of $1.63B by -23.84%. Lastly, the company's EPS was $0.57, missing the average prediction of $0.638 by -10.65%