Charles Schwab (NYSE:SCHW) Stock Gets Price Target Cut from JPMorgan Chase & Co.

Posted by Francis Steltz on Oct 19th, 2026

Charles Schwab (NYSE:SCHW – Free Report) had its target price decreased by JPMorgan Chase & Co. from $150.00 to $147.00 in a research report sent to investors on Friday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the financial services provider’s stock.

A number of other research firms also recently commented on SCHW. Deutsche Bank Aktiengesellschaft set a $125.00 price objective on shares of Charles Schwab in a report on Friday. Citizens Jmp reiterated a “market outperform” rating and set a $120.00 target price on shares of Charles Schwab in a research report on Friday. BMO Capital Markets cut shares of Charles Schwab from an “outperform” rating to a “market perform” rating and set a $105.00 target price on the stock. in a research note on Monday, July 20th. Wells Fargo & Company lowered their target price on shares of Charles Schwab from $105.00 to $103.00 and set an “equal weight” rating on the stock in a research note on Friday. Finally, Bank of America increased their price target on shares of Charles Schwab from $91.00 to $95.00 and gave the stock an “underperform” rating in a research report on Monday, October 5th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Charles Schwab currently has an average rating of “Moderate Buy” and a consensus target price of $118.95.

Check Out Our Latest Research Report on SCHW

Charles Schwab Stock Down 0.2%

SCHW opened at $91.81 on Friday. Charles Schwab has a fifty-two week low of $83.96 and a fifty-two week high of $114.53. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.64 and a quick ratio of 0.64. The firm’s fifty day moving average price is $104.50 and its two-hundred day moving average price is $98.18. The company has a market capitalization of $158.77 billion, a P/E ratio of 15.67, a P/E/G ratio of 0.81 and a beta of 0.79.

Charles Schwab (NYSE:SCHW – Get Free Report) last announced its quarterly earnings results on Thursday, October 15th. The financial services provider reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.66 by $0.03. The firm had revenue of $7.17 billion for the quarter, compared to analyst estimates of $7.18 billion. Charles Schwab had a net margin of 39.33% and a return on equity of 25.79%. The business’s revenue for the quarter was up 16.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.31 EPS. On average, analysts anticipate that Charles Schwab will post 6.44 EPS for the current year.

Charles Schwab Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were paid a $0.32 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $1.28 annualized dividend and a yield of 1.4%. Charles Schwab’s payout ratio is currently 21.84%.

Insider Transactions at Charles Schwab

In other Charles Schwab news, insider Nigel Murtagh sold 24,778 shares of the company’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $109.01, for a total value of $2,701,049.78. Following the sale, the insider directly owned 57,972 shares in the company, valued at $6,319,527.72. This represents a 29.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Dennis Howard sold 2,198 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $110.00, for a total value of $241,780.00. Following the transaction, the insider owned 6,980 shares of the company’s stock, valued at $767,800. This represents a 23.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 645,582 shares of company stock valued at $69,553,935. 6.30% of the stock is owned by insiders.

Institutional Investors Weigh In On Charles Schwab

Large investors have recently made changes to their positions in the company. Compass Financial Management LLC bought a new stake in Charles Schwab during the second quarter worth about $27,000. Scarborough Advisors LLC acquired a new stake in shares of Charles Schwab during the first quarter worth approximately $29,000. Main Street Group LTD acquired a new stake in shares of Charles Schwab during the first quarter worth approximately $33,000. GK Wealth Management LLC acquired a new stake in shares of Charles Schwab during the third quarter worth approximately $41,000. Finally, SHP Wealth Management acquired a new stake in shares of Charles Schwab during the fourth quarter worth approximately $42,000. Institutional investors own 84.38% of the company’s stock.

Charles Schwab News Summary

Here are the key news stories impacting Charles Schwab this week:

Positive Sentiment: Schwab reported adjusted third-quarter EPS of $1.69, exceeding the $1.66 analyst consensus, while revenue rose 16.9% year over year to a record $7.17 billion. Net income increased 23% to approximately $2.91 billion. Charles Schwab Stock Is Falling Friday: What’s Going On?
Positive Sentiment: Client momentum remained a major strength: core net new assets reached a record $190.4 billion, up 38% year over year, total client assets climbed to $13.33 trillion, and the company added roughly 1.2 million brokerage accounts. Higher trading activity, lending, and net interest revenue supported the quarter. Schwab Delivers Record Net New Assets & Earnings
Positive Sentiment: Analysts remain broadly constructive. JPMorgan reaffirmed an “overweight” rating with a $147 price target, while Citizens JMP maintained “market outperform” with a $120 target. Schwab is also expanding AI tools, tax-aware products, cryptocurrency services, and prediction-market capabilities, potentially creating additional engagement and revenue opportunities.
Neutral Sentiment: Management said clients using AI-enabled trading tools are holding more cash rather than withdrawing funds, which could support Schwab’s deposit and lending franchise. However, the long-term financial impact of these new products remains unproven.
Negative Sentiment: Revenue of $7.17 billion was slightly below the approximately $7.18 billion consensus estimate. Analysts characterized the quarter as “somewhat low quality,” citing less impressive net-interest-revenue trends and the possibility that strong market activity, rather than purely organic improvement, drove results. Charles Schwab’s Q3 Print was Somewhat Low Quality
Negative Sentiment: Schwab indicated that full-year 2026 revenue and net-interest-margin growth could land at the lower end of its previous ranges. Truist reduced its price target, and some investors appear to be taking profits after the stock’s earlier gains.

Charles Schwab Company Profile

(Get Free Report)

The Charles Schwab Corporation (NYSE: SCHW) is a financial services company that provides investment, wealth management, banking and related services to individual investors, financial professionals and institutional clients. Through its brokerage business, Schwab offers trading and custody services for stocks, exchange-traded funds, mutual funds, options, fixed-income securities and other investments, along with retirement accounts and investment research tools.

The company also provides advisory and wealth management services, including managed portfolios, financial planning and support for registered investment advisors.