Charles Schwab (NYSE:SCHW) Given New $147.00 Price Target at JPMorgan Chase & Co.

Charles Schwab (NYSE:SCHW) had its target price dropped by equities researchers at JPMorgan Chase & Co. from $150.00 to $147.00 in a note issued to investors on Friday, Benzinga reports. The brokerage currently has an “overweight” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 58.93% from the stock’s previous close.

A number of other equities research analysts have also issued reports on the stock. Weiss Ratings upgraded shares of Charles Schwab from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, September 10th. Compass Point assumed coverage on shares of Charles Schwab in a research note on Monday, August 3rd. They issued a “buy” rating and a $135.00 price target for the company. Piper Sandler cut their price objective on Charles Schwab from $118.00 to $100.00 and set a “neutral” rating on the stock in a research report on Friday, October 2nd. Zacks Research cut Charles Schwab from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $117.00 price objective on shares of Charles Schwab in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $118.95.

Charles Schwab Trading Down 1.8%

NYSE SCHW traded down $1.67 during trading on Friday, hitting $92.49. The stock had a trading volume of 4,415,343 shares, compared to its average volume of 10,035,072. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $159.95 billion, a PE ratio of 16.80, a PEG ratio of 0.82 and a beta of 0.79. The firm has a 50 day moving average price of $104.81 and a 200 day moving average price of $98.19. Charles Schwab has a twelve month low of $83.96 and a twelve month high of $114.53.

Charles Schwab (NYSE:SCHW) last posted its quarterly earnings data on Thursday, October 15th. The financial services provider reported $1.69 EPS for the quarter, beating the consensus estimate of $1.66 by $0.03. The business had revenue of $7.17 billion during the quarter, compared to analyst estimates of $7.18 billion. Charles Schwab had a net margin of 38.79% and a return on equity of 24.53%. The business’s revenue for the quarter was up 16.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.31 earnings per share. As a group, equities research analysts forecast that Charles Schwab will post 6.45 earnings per share for the current year.

Insider Buying and Selling at Charles Schwab

In other news, Chairman Walter Bettinger sold 74,388 shares of the stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $110.91, for a total transaction of $8,250,373.08. Following the completion of the sale, the chairman owned 610,360 shares in the company, valued at approximately $67,695,027.60. This represents a 10.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Paula Sneed sold 5,263 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $107.15, for a total value of $563,930.45. Following the sale, the director directly owned 91,711 shares of the company’s stock, valued at approximately $9,826,833.65. This represents a 5.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 645,582 shares of company stock valued at $69,553,935. Corporate insiders own 6.30% of the company’s stock.

Hedge Funds Weigh In On Charles Schwab

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Invesco Ltd. boosted its stake in shares of Charles Schwab by 3.0% in the fourth quarter. Invesco Ltd. now owns 16,425,579 shares of the financial services provider’s stock valued at $1,641,080,000 after buying an additional 484,558 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Charles Schwab by 22.9% in the first quarter. Bank of New York Mellon Corp now owns 16,162,082 shares of the financial services provider’s stock valued at $1,518,913,000 after acquiring an additional 3,009,884 shares during the period. Bank of America Corp DE lifted its holdings in Charles Schwab by 3.5% in the first quarter. Bank of America Corp DE now owns 15,623,030 shares of the financial services provider’s stock valued at $1,468,252,000 after acquiring an additional 530,191 shares during the period. Flossbach Von Storch SE purchased a new stake in shares of Charles Schwab during the 2nd quarter worth $987,930,000. Finally, Dimensional Fund Advisors LP boosted its position in shares of Charles Schwab by 1.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,742,934 shares of the financial services provider’s stock worth $539,705,000 after purchasing an additional 60,979 shares in the last quarter. Institutional investors and hedge funds own 84.38% of the company’s stock.

Key Headlines Impacting Charles Schwab

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

• Positive Sentiment: Schwab reported third-quarter adjusted EPS of $1.69, above the $1.66 consensus, while revenue rose 16.9% year over year to a record $7.17 billion. Net income reached approximately $2.9 billion. Schwab Q3 Earnings Beat Estimates
• Positive Sentiment: Core net new assets hit a record $190.4 billion, up 38% year over year, lifting total client assets to $13.33 trillion. Schwab also added about 1.2 million brokerage accounts, supporting future fee and interest revenue. Schwab Delivers Record Net New Assets and Earnings
• Positive Sentiment: Analysts remain broadly constructive. Citizens JMP reaffirmed a “market outperform” rating with a $120 price target, while other analysts largely maintained bullish views despite some target reductions. Analysts Revise Schwab Forecasts
• Positive Sentiment: Management highlighted rising trading activity, stronger lending and plans to expand cryptocurrency access, tax-aware products and AI-enabled tools such as Schwab’s “Charlie” assistant. These initiatives could broaden client engagement and revenue over time. Schwab CEO Sees Crypto as a New Revenue Engine
• Neutral Sentiment: Schwab is restricting unauthorized AI agents from accessing client accounts while developing controlled integrations. The move may reduce security risks but could limit near-term third-party AI adoption. Schwab Blocks Unauthorized AI Agents
• Negative Sentiment: Revenue fell slightly short of expectations, and Schwab indicated that 2026 revenue and net interest-margin growth could land at the lower end of its previous range. That softer outlook appears to be outweighing the EPS beat. Schwab Sees Growth at Lower End of Prior Range
• Negative Sentiment: Truist cut its price target, and valuation models have also been trimmed as investors question the durability of rapid client and asset growth. The result has been a negative market reaction even though the underlying quarter was strong. Schwab Price Target Cut by Truist

About Charles Schwab

Charles Schwab Corporation (NYSE:SCHW) is a financial services company that provides brokerage, investment, banking and wealth management services to individual investors, employers, institutions and independent investment advisors. Its offerings include online and mobile trading, securities brokerage, retirement accounts, financial planning, portfolio management, banking products, research and access to mutual funds and exchange-traded funds.

The company operates through businesses including Schwab Brokerage, Schwab Wealth Advisory, Schwab Asset Management and Charles Schwab Bank.