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Charles Schwab (SCHW) Stock Forecast & Price Target

Charles Schwab logo
$80.67 +0.21 (+0.26%)
(As of 10:46 AM ET)

Charles Schwab - 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
2
Hold
8
Buy
7

Based on 17 Wall Street analysts who have issued ratings for Charles Schwab in the last 12 months, the stock has a consensus rating of "Hold." Out of the 17 analysts, 2 have given a sell rating, 8 have given a hold rating, and 7 have given a buy rating for SCHW.

Consensus Price Target

$74.18
-8.05% Downside
According to the 17 analysts' twelve-month price targets for Charles Schwab, the average price target is $74.18. The highest price target for SCHW is $90.00, while the lowest price target for SCHW is $52.00. The average price target represents a forecasted downside of -8.05% from the current price of $80.67.
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SCHW Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
7 Buy rating(s)
11 Buy rating(s)
Hold
8 Hold rating(s)
8 Hold rating(s)
6 Hold rating(s)
2 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$74.18$73.59$74.00$69.91
Forecasted Upside-8.05% Downside3.78% Upside14.92% Upside24.99% Upside
Consensus Rating
Hold
Hold
Hold
Moderate Buy

SCHW 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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SCHW 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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Charles Schwab Stock vs. The Competition

TypeCharles SchwabFinance CompaniesS&P 500
Consensus Rating Score
2.29
2.49
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside-7.81% Downside12.90% Upside9.83% Upside
News Sentiment Rating
Positive News

See Recent SCHW News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/11/2024Deutsche Bank Aktiengesellschaft
3 of 5 stars
 Boost TargetBuy ➝ Buy$77.00 ➝ $80.00+3.67%
10/24/2024Morgan Stanley
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$68.00 ➝ $74.00+2.48%
10/16/2024Barclays
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$64.00 ➝ $74.00+3.02%
10/16/2024Bank of America
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 Lower TargetUnderperform ➝ Underperform$63.00 ➝ $61.00-15.89%
10/16/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$86.00 ➝ $87.00+19.36%
10/16/2024Wells Fargo & Company
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M. Brown
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Boost TargetEqual Weight ➝ Equal Weight$70.00 ➝ $75.00+3.31%
10/16/2024Piper Sandler
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P. Moley
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Boost TargetNeutral ➝ Neutral$64.00 ➝ $65.00-11.66%
10/16/2024The Goldman Sachs Group
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 Boost TargetNeutral ➝ Neutral$67.00 ➝ $74.00+2.64%
10/16/2024JMP Securities
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 Boost TargetMarket Outperform ➝ Market Outperform$82.00 ➝ $84.00+16.73%
10/16/2024Keefe, Bruyette & Woods
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K. Voigt
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Boost TargetOutperform ➝ Outperform$76.00 ➝ $81.00+12.56%
10/15/2024Raymond James
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 Lower Target$76.00 ➝ $73.00+7.56%
10/15/2024Cowen
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 Boost TargetHold ➝ Hold$69.00 ➝ $75.00+10.51%
10/4/2024Jefferies Financial Group
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 Lower TargetBuy ➝ Buy$79.00 ➝ $73.00+12.52%
9/27/2024Citigroup
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 Lower TargetNeutral ➝ Neutral$75.00 ➝ $72.00+11.58%
7/17/2024TD Cowen
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W. Katz
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Reiterated RatingBuy ➝ Hold$88.00 ➝ $71.00+5.31%
7/9/2024UBS Group
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 Lower TargetBuy ➝ Buy$91.00 ➝ $90.00+20.76%
12/1/2023Redburn Atlantic
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 Initiated CoverageSell$52.00-15.20%
7/19/2023Argus
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 Boost Target$70.00 ➝ $81.00+22.76%
6/26/2023Wolfe Research
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 Lower Target$62.00 ➝ $60.00+12.85%
4/20/2023Redburn Partners
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 DowngradeNeutral ➝ Sell
3/15/2023Credit Suisse Group
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 UpgradeNeutral ➝ Outperform$81.50 ➝ $67.50+19.09%
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 Thursday at 11:12 AM ET.


Should I Buy Charles Schwab Stock? SCHW 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 15, 2024. Please send any questions or comments about these Charles Schwab pros and cons to contact@marketbeat.com.

Charles Schwab
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in The Charles Schwab Co.:

  • The recent insider selling by top executives like Chairman Charles R. Schwab and Director Carolyn Schwab-Pomerantz could indicate confidence in the company's future performance, potentially reassuring investors.
  • Positive analyst ratings and target price increases from firms like JMP Securities and Wells Fargo & Company suggest a favorable outlook for The Charles Schwab Co.'s stock.
  • The company's current stock price of $71.36 on November 4, 2024, presents a potential buying opportunity for investors looking to enter the market at a relatively lower price point.
  • The diverse range of financial services offered by The Charles Schwab Co., including wealth management, securities brokerage, and asset management, provides investors with exposure to multiple sectors within the financial industry.
  • The company's strong market position and international presence offer investors the opportunity to benefit from potential growth in both domestic and global markets.

Charles Schwab
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in The Charles Schwab Co. for these reasons:

  • Despite recent insider selling activities, the high percentage of insider ownership at 6.60% may raise concerns about potential conflicts of interest or lack of alignment with external shareholders.
  • The company's 1-year high of $79.49 and 1-year low of $48.66 indicate significant price volatility, which could pose risks for investors seeking stable returns.
  • Fluctuations in the stock's 50-day and 200-day moving averages, currently at $64.97 and $69.51 respectively, may signal uncertainty in the market sentiment towards The Charles Schwab Co.'s stock.
  • Recent analyst downgrades and price target reductions from firms like Deutsche Bank Aktiengesellschaft could reflect concerns about the company's future performance or industry challenges.
  • The company's low current ratio of 0.42 and debt-to-equity ratio of 0.65 may indicate potential liquidity issues or financial leverage that could impact investor confidence in The Charles Schwab Co.'s stability.

SCHW Forecast - Frequently Asked Questions

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Charles Schwab is $74.18, with a high forecast of $90.00 and a low forecast of $52.00.

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Charles Schwab in the last year. There are currently 2 sell ratings, 8 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SCHW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SCHW, but not buy additional shares or sell existing shares.

According to analysts, Charles Schwab's stock has a predicted downside of -8.05% based on their 12-month stock forecasts.

Analysts like Charles Schwab less than other "finance" companies. The consensus rating score for Charles Schwab is 2.29 while the average consensus rating score for "finance" companies is 2.49. Learn more on how SCHW compares to other companies.


This page (NYSE:SCHW) was last updated on 11/21/2024 by MarketBeat.com Staff
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