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LPL Financial (LPLA) Stock Forecast & Price Target

LPL Financial logo
$316.43 +1.90 (+0.60%)
(As of 12:27 PM 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

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
-9.32% 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 -9.32% from the current price of $316.43.

LPLA Analyst Ratings Over Time

TypeCurrent Forecast
11/21/23 to 11/20/24
1 Month Ago
10/22/23 to 10/21/24
3 Months Ago
8/23/23 to 8/22/24
1 Year Ago
11/21/22 to 11/21/23
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-9.32% Downside8.36% Upside27.35% Upside11.06% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Moderate Buy

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.
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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.
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LPL Financial Stock vs. The Competition

TypeLPL FinancialFinance CompaniesS&P 500
Consensus Rating Score
2.57
2.49
2.50
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside-8.78% Downside12.22% Upside9.99% Upside
News Sentiment Rating
Positive News

See Recent LPLA News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/1/2024The Goldman Sachs Group
2 of 5 stars
 Boost TargetBuy ➝ Buy$271.00 ➝ $305.00+8.57%
10/31/2024Citigroup
3 of 5 stars
 Boost TargetBuy ➝ Buy$285.00 ➝ $310.00+9.86%
10/31/2024Barclays
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$273.00 ➝ $311.00+8.79%
10/31/2024TD Cowen
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 Boost TargetHold ➝ Hold$271.00 ➝ $277.00-3.14%
10/17/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$303.00 ➝ $309.00+19.05%
10/9/2024JMP Securities
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 Reiterated RatingMarket Outperform ➝ Market Outperform$310.00 ➝ $310.00+25.93%
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10/9/2024Wells Fargo & Company
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M. Brown
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UpgradeEqual Weight ➝ Overweight$235.00 ➝ $285.00+19.39%
10/8/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$215.00 ➝ $250.00+4.90%
10/4/2024Jefferies Financial Group
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 Lower TargetBuy ➝ Buy$309.00 ➝ $282.00+16.22%
7/30/2024Bank of America
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 UpgradeNeutral ➝ Buy$268.00+24.36%
7/26/2024Keefe, Bruyette & Woods
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 Lower TargetOutperform ➝ Outperform$326.00 ➝ $315.00+31.69%
7/11/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$261.00 ➝ $268.00+1.05%
4/4/2024Raymond James
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 Initiated CoverageUnderperform
12/1/2023Redburn Atlantic
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 Initiated CoverageNeutral$240.00+7.96%
4/28/2023Credit Suisse Group
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 Lower Target$205.00 ➝ $192.00-5.42%
1/17/2023William Blair
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J. Schmitt
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Reiterated RatingOutperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 12:43 PM 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 Friday, November 8, 2024. Please send any questions or comments about these LPL Financial pros and cons to contact@marketbeat.com.

LPL Financial
Bull Case

green Wall Street bull icon

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

  • LPL Financial Holdings Inc. has a strong track record of consistently beating analysts' earnings estimates, indicating a solid financial performance.
  • The company offers a dividend yield of 0.52%, providing investors with a steady income stream.
  • With a return on equity of 52.14%, LPL Financial Holdings Inc. demonstrates efficient use of shareholder equity to generate profits.
  • Despite recent fluctuations, the stock price of LPL Financial Holdings Inc. has shown resilience and potential for growth.
  • LPL Financial Holdings Inc. has a diverse range of brokerage and investment advisory services, catering to different investor needs and preferences.

LPL Financial
Bear Case

red Wall Street bear icon

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

  • There is a consensus rating of "Hold" on the stock, indicating mixed opinions from analysts about its future performance.
  • The company's price-to-earnings ratio of 17.44 may suggest that the stock is currently overvalued compared to industry peers.
  • Recent price target adjustments by various financial institutions may reflect uncertainty or volatility in the stock's future outlook.
  • While the company has shown growth in revenue, the net margin of 8.91% may be considered relatively low in the financial services sector.
  • Market conditions and regulatory changes could impact the company's operations and financial results, leading to potential risks for investors.

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 year. 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 -9.32% 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.


This page (NASDAQ:LPLA) was last updated on 11/20/2024 by MarketBeat.com Staff
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