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 $85.23 (represents a 37.20% upside from SCHW’s last price of $62.12) 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 $85.23 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 37.20% upside from SCHW's last price of $62.12.

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%), 14 'Buy' (73.68%), 5 'Hold' (26.32%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Charles Schwab Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 23, 2024Devin RyanJMP Securities$82.00$64.7526.64%32.00%
Jul 08, 2024Daniel FannonJefferies$88.00$73.3919.91%41.66%
Jun 18, 2024Brian BedellDeutsche Bank$81.00$72.5511.65%30.39%
May 27, 2024Benjamin BudishBarclays$72.00$72.27-0.37%15.90%
May 23, 2024Benjamin BudishBarclays$75.00$72.343.68%20.73%
May 23, 2024Brian BedellDeutsche Bank$83.00$72.6514.25%33.61%
May 23, 2024Alexander BlosteinGoldman Sachs$75.00$75.27-0.36%20.73%
May 23, 2024Brennan HawkenUBS$91.00$75.2720.90%46.49%
Apr 16, 2024Patrick MoleyPiper Sandler$85.00$71.2319.33%36.83%
Apr 16, 2024Alexander BlosteinGoldman Sachs$76.00$71.236.70%22.34%
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The latest Charles Schwab stock forecast, released on Jul 23, 2024 by Devin Ryan from JMP Securities, set a price target of $82.00, which represents a 26.64% increase from the stock price at the time of the forecast ($64.75), and a 32.00% increase from SCHW last price ($62.12).

Charles Schwab Price Target by Period


1M3M12M
# Anlaysts-316
Avg Price Target-$83.67$78.75
Last Closing Price$62.12$62.12$62.12
Upside/Downside-100.00%34.69%26.77%

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 $62.12. 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
Sep 12, 2024Wells FargoBuyBuyHold
Sep 11, 2024Wells Fargo-Equal-WeightInitialise
Aug 15, 2024UBSMarket OutperformMarket OutperformHold
Jul 29, 2024Piper SandlerOverweightNeutralDowngrade
Jul 23, 2024JMP SecuritiesOutperformOutperformHold
Jul 17, 2024Cowen & Co.BuyHoldDowngrade
Jul 11, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Jul 10, 2024BarclaysEqual-WeightEqual-WeightHold
Jul 08, 2024Sandler O'NeillUnderperformUnderperformHold
Jul 08, 2024UBSMarket PerformMarket PerformHold
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Charles Schwab's last stock rating was published by Wells Fargo on Sep 12, 2024. The company gave SCHW a "Buy" rating, the same as its previous rate.

Charles Schwab Financial Forecast


Charles Schwab Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$2.13B$4.61B$4.66B$5.12B$5.50B$5.50B-$4.67B$4.71B$4.57B$4.53B$4.71B$4.18B$2.45B$2.45B$2.62B$2.61B$2.71B
Avg Forecast$6.43B$6.28B$6.12B$5.92B$5.81B$5.61B$5.34B$5.13B$4.96B$4.73B$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$6.49B$6.33B$6.17B$5.97B$5.86B$5.66B$5.39B$5.17B$5.01B$4.78B$4.72B$4.75B$4.72B$4.66B$4.65B$5.18B$5.60B$5.46B$5.04B$5.02B$4.98B$4.70B$4.63B$4.80B$4.27B$2.52B$2.58B$2.71B$2.71B$2.75B
Low Forecast$6.39B$6.23B$6.08B$5.88B$5.77B$5.57B$5.30B$5.09B$4.93B$4.70B$4.65B$4.68B$4.39B$4.58B$4.58B$5.10B$5.52B$5.38B$5.04B$4.71B$4.67B$4.41B$4.35B$4.50B$4.00B$2.36B$2.42B$2.55B$2.54B$2.58B
# Analysts99998888910948454435364661010101055
Surprise %------------0.47%1.00%1.01%1.00%0.99%1.02%-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 $4.68B, and a high forecast of $4.75B. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts99998888910948454435364661010101055
EBITDA------------$-401.00M$-210.00M$3.83B$3.67B$3.72B$3.29B-$2.28B$2.45B$2.43B$2.13B$2.35B$1.85B$1.10B$1.09B$1.28B$1.37B$1.58B
Avg Forecast$3.26B$3.18B$3.10B$3.00B$2.94B$2.84B$2.71B$2.60B$2.51B$2.39B$2.37B$2.99B$2.28B$2.34B$2.34B$2.72B$2.81B$2.54B$2.55B$2.47B$2.51B$2.31B$2.10B$2.29B$1.77B$980.43M$1.07B$1.30B$1.42B$1.44B
High Forecast$3.29B$3.21B$3.13B$3.02B$2.97B$2.87B$2.73B$2.62B$2.54B$2.42B$2.39B$3.58B$2.39B$2.36B$2.36B$3.26B$2.84B$3.04B$2.55B$2.96B$3.01B$2.77B$2.52B$2.75B$2.13B$1.18B$1.29B$1.56B$1.70B$1.72B
Low Forecast$3.24B$3.16B$3.08B$2.98B$2.92B$2.82B$2.69B$2.58B$2.50B$2.38B$2.36B$2.39B$2.23B$2.32B$2.32B$2.17B$2.80B$2.03B$2.55B$1.98B$2.00B$1.84B$1.68B$1.83B$1.42B$784.35M$858.69M$1.04B$1.13B$1.15B
Surprise %-------------0.18%-0.09%1.64%1.35%1.32%1.30%-0.92%0.98%1.05%1.01%1.03%1.04%1.12%1.02%0.98%0.97%1.10%

4 analysts predict SCHW's average Quarter EBITDA for Sep 23 to be $2.34B, with a high of $2.36B and a low of $2.32B. This is -38.95% lower than Charles Schwab's previous annual EBITDA (Jun 23) of $3.83B.

Charles Schwab Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts99998888910948454435364661010101055
Net Income------------$1.04B$1.13B$1.29B$1.60B$1.97B$2.02B-$1.40B$1.58B$1.53B$1.26B$1.48B$1.14B$698.00M$671.00M$795.00M$852.00M$951.00M
Avg Forecast$2.51B$2.41B$2.26B$2.12B$2.06B$1.91B$1.77B$1.60B$1.50B$1.37B$1.31B$1.84B$1.17B$1.37B$1.30B$1.67B$2.00B$1.59B$1.67B$1.52B$1.62B$1.45B$1.25B$1.45B$1.09B$622.13M$658.34M$807.82M$878.63M$861.84M
High Forecast$2.54B$2.44B$2.29B$2.15B$2.08B$1.93B$1.79B$1.61B$1.52B$1.44B$1.33B$2.21B$1.39B$1.39B$1.31B$2.00B$2.02B$1.91B$1.67B$1.82B$1.94B$1.74B$1.50B$1.74B$1.30B$746.56M$790.01M$969.39M$1.05B$1.03B
Low Forecast$2.49B$2.39B$2.24B$2.10B$2.04B$1.90B$1.76B$1.58B$1.49B$1.29B$1.30B$1.47B$1.06B$1.36B$1.29B$1.34B$1.98B$1.28B$1.67B$1.22B$1.29B$1.16B$997.33M$1.16B$869.63M$497.70M$526.67M$646.26M$702.90M$689.48M
Surprise %------------0.89%0.82%1.00%0.96%0.98%1.27%-0.92%0.98%1.05%1.01%1.03%1.04%1.12%1.02%0.98%0.97%1.10%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts99998888910948454435364661010101055
SG&A------------$1.24B$2.14B$1.60B$1.96B$1.61B$1.76B-$1.86B$1.72B$1.63B$1.68B$1.77B$1.71B$1.01B$1.00B$1.07B$992.00M$1.02B
Avg Forecast$2.33B$2.28B$2.22B$2.15B$2.11B$2.03B$1.94B$1.86B$1.80B$1.71B$1.70B$2.44B$1.63B$1.67B$1.67B$2.22B$2.01B$1.70B$1.83B$2.01B$1.76B$1.55B$1.65B$1.73B$1.63B$904.67M$984.08M$1.09B$1.02B$925.28M
High Forecast$2.35B$2.30B$2.24B$2.16B$2.12B$2.05B$1.95B$1.88B$1.81B$1.73B$1.71B$2.93B$1.71B$1.69B$1.69B$2.66B$2.03B$2.04B$1.83B$2.42B$2.11B$1.86B$1.98B$2.07B$1.96B$1.09B$1.18B$1.31B$1.23B$1.11B
Low Forecast$2.32B$2.26B$2.20B$2.13B$2.09B$2.02B$1.92B$1.85B$1.79B$1.70B$1.69B$1.95B$1.59B$1.66B$1.66B$1.77B$2.00B$1.36B$1.83B$1.61B$1.41B$1.24B$1.32B$1.38B$1.31B$723.74M$787.26M$872.25M$818.40M$740.23M
Surprise %------------0.76%1.28%0.96%0.88%0.80%1.03%-0.92%0.98%1.05%1.01%1.03%1.04%1.12%1.02%0.98%0.97%1.10%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts99998888910948454435364661010101055
EPS------------$0.57$0.56$0.64$0.84$0.98$1.00-$0.67$0.84$0.74$0.59$0.74$0.57$0.48$0.48$0.59$0.62$0.70
Avg Forecast$1.37$1.31$1.23$1.16$1.12$1.04$0.97$0.87$0.82$0.74$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$1.39$1.33$1.25$1.17$1.13$1.05$0.98$0.88$0.83$0.78$0.73$0.74$0.76$0.76$0.72$0.91$1.10$1.07$0.91$0.89$0.93$0.85$0.74$0.86$0.69$0.49$0.56$0.66$0.67$0.68
Low Forecast$1.36$1.30$1.22$1.15$1.11$1.03$0.96$0.86$0.81$0.70$0.71$0.73$0.58$0.74$0.70$0.89$1.08$1.04$0.91$0.82$0.85$0.78$0.68$0.80$0.64$0.45$0.51$0.60$0.62$0.62
Surprise %------------0.89%0.75%0.90%0.93%0.90%0.95%-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 $0.74. This represents a 28.82% increase compared to SCHW previous annual EPS of $0.57 (Dec 23).

Charles Schwab Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CLSKCleanSpark$9.38$25.33170.04%Buy
RIOTRiot Blockchain$7.20$16.14124.17%Buy
BTBTBit Digital$2.87$6.00109.06%Buy
BITFBitfarms$2.04$4.26108.82%Buy
MARAMarathon Digital$16.12$31.2093.55%Buy
HUTHut 8 Mining$11.24$15.7039.68%Buy
SCHWCharles Schwab$62.12$85.2337.20%Buy
JEFJefferies Financial Group$58.54$57.75-1.35%Buy
GSGoldman Sachs Group$478.99$459.33-4.10%Buy
GHLGreenhill$14.99$8.50-43.30%Hold

SCHW Forecast FAQ


Yes, according to 19 Wall Street analysts, Charles Schwab (SCHW) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 14 'Buy' recommendations, accounting for 73.68% of SCHW's total ratings.

Charles Schwab (SCHW) average price target is $85.23 with a range of $66.5 to $112, implying a 37.20% from its last price of $62.12. The data is based on 19 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for SCHW stock, the company can go up by 37.20% (from the last price of $62.12 to the average price target of $85.23), up by 80.30% based on the highest stock price target, and up by 7.05% based on the lowest stock price target.

SCHW's highest twelve months analyst stock price target of $112 supports the claim that Charles Schwab can reach $90 in the near future.

Charles Schwab's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $21.88B (high $22.07B, low $21.74B), average EBITDA is $11.09B (high $11.18B, low $11.02B), average net income is $7.34B (high $7.42B, low $7.28B), average SG&A $7.93B (high $8B, low $7.88B), and average EPS is $4 (high $4.05, low $3.97). SCHW's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $24.74B (high $24.96B, low $24.58B), average EBITDA is $12.54B (high $12.65B, low $12.46B), average net income is $9.31B (high $9.41B, low $9.23B), average SG&A $8.97B (high $9.05B, low $8.91B), and average EPS is $5.08 (high $5.13, low $5.03).

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 $9.67B by -94.85%. 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 -117.61%. 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%