LPL Financial (LPLA) Stock Forecast & Price Target

$326.85 +3.61 (+1.12%)

(As of 11/22/2024 ET)

LPL Financial - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 14 Analyst Ratings

Sell
1

Hold
4

Buy
9

Based on 14 Wall Street analysts who have issued ratings for LPL Financial in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 14 analysts, 1 has given a sell rating, 4 have given a hold rating, and 9 have given a buy rating for LPLA.

Consensus Price Target

$286.92
-12.22% Downside

According to the 14 analysts' twelve-month price targets for LPL Financial, the average price target is $286.92. The highest price target for LPLA is $315.00, while the lowest price target for LPLA is $240.00. The average price target represents a forecasted downside of -12.22% from the current price of $326.85.

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LPLA Analyst Ratings Over Time

Type	Current Forecast 11/25/23 to 11/24/24	1 Month Ago 10/26/23 to 10/25/24	3 Months Ago 8/27/23 to 8/26/24	1 Year Ago 11/25/22 to 11/25/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 Buy rating(s)	9 Buy rating(s)	6 Buy rating(s)	5 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$286.92	$277.77	$279.30	$252.90
Forecasted Upside	-12.22% Downside	6.45% Upside	23.95% Upside	10.51% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Hold	Moderate Buy

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LPLA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

LPLA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

LPL Financial Stock vs. The Competition

Type	LPL Financial	Finance Companies	S&P 500
Consensus Rating Score	2.57	2.49	2.50
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	-12.22% Downside	10.24% Upside	7.66% Upside
News Sentiment Rating	Positive News See Recent LPLA News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/1/2024	The Goldman Sachs Group 2 of 5 stars		Boost Target	Buy ➝ Buy	$271.00 ➝ $305.00	+8.57%
10/31/2024	Citigroup 3 of 5 stars		Boost Target	Buy ➝ Buy	$285.00 ➝ $310.00	+9.86%
10/31/2024	Barclays 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$273.00 ➝ $311.00	+8.79%
10/31/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$271.00 ➝ $277.00	-3.14%
10/17/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$303.00 ➝ $309.00	+19.05%
10/9/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Outperform ➝ Market Outperform	$310.00 ➝ $310.00	+25.93%
Get the Latest News and Ratings for LPLA and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for LPL Financial and its competitors with MarketBeat's FREE daily newsletter.
10/9/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Brown Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Equal Weight ➝ Overweight	$235.00 ➝ $285.00	+19.39%
10/8/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$215.00 ➝ $250.00	+4.90%
10/4/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$309.00 ➝ $282.00	+16.22%
7/30/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$268.00	+24.36%
7/26/2024	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$326.00 ➝ $315.00	+31.69%
7/11/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$261.00 ➝ $268.00	+1.05%
4/4/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Underperform
12/1/2023	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$240.00	+7.96%
4/28/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$205.00 ➝ $192.00	-5.42%
1/17/2023	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Schmitt Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 05:48 AM ET.

Should I Buy LPL Financial Stock? LPLA Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, November 20, 2024. Please send any questions or comments about these LPL Financial pros and cons to contact@marketbeat.com.

LPL Financial
Bull Case

Here are some ways that investors could benefit from investing in LPL Financial Holdings Inc.:

The stock is currently trading at $314.53, which reflects strong market interest and potential for growth.
LPL Financial Holdings Inc. reported a robust earnings per share (EPS) of $4.16 for the latest quarter, exceeding analysts' expectations by $0.47, indicating strong financial performance.
The company has a high return on equity (ROE) of 52.08%, showcasing its efficiency in generating profits from shareholders' equity.
With a market capitalization of approximately $23.55 billion, LPL Financial Holdings Inc. is well-positioned in the financial services sector, providing stability and growth potential.
The recent quarterly dividend of $0.30 per share, with a low payout ratio of 9.02%, suggests that the company has ample room to increase dividends in the future, making it attractive for income-focused investors.

LPL Financial
Bear Case

Investors should be bearish about investing in LPL Financial Holdings Inc. for these reasons:

The stock has a relatively high price-to-earnings (P/E) ratio of 23.65, which may indicate that it is overvalued compared to its earnings, potentially leading to a price correction.
Despite a strong performance, the company has a debt-to-equity ratio of 1.60, suggesting a higher level of debt relative to equity, which could pose risks in a rising interest rate environment.
Analysts have mixed ratings on the stock, with one sell rating and five hold ratings, indicating uncertainty about its future performance.
The stock's beta of 0.85 suggests lower volatility compared to the market, which may limit potential gains during bullish market conditions.
Recent institutional inflows indicate interest, but the high percentage of institutional ownership (95.66%) could lead to volatility if large investors decide to sell their positions.

LPLA Forecast - Frequently Asked Questions

: According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for LPL Financial is $286.92, with a high forecast of $315.00 and a low forecast of $240.00.
: 14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last twelve months. There is currently 1 sell rating, 4 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" LPLA shares.
: According to analysts, LPL Financial's stock has a predicted downside of -12.22% based on their 12-month stock forecasts.
: Over the previous 90 days, LPL Financial's stock had 1 upgrade by analysts.
: LPL Financial has been rated by research analysts at Barclays, Citigroup, Jefferies Financial Group, JMP Securities, Morgan Stanley, TD Cowen, The Goldman Sachs Group, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like LPL Financial more than other "finance" companies. The consensus rating for LPL Financial is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how LPLA compares to other companies.

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This page (NASDAQ:LPLA) was last updated on 11/24/2024 by MarketBeat.com Staff

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LPL Financial (LPLA) Stock Forecast & Price Target