What is the current Price Target and Forecast for Charles Schwab (SCHW) (2024)

(Real Time Quote from BATS)

$72.52 USD

72.52

6,930,631

+1.29 (1.81%)

Updated Apr 16, 2024 02:54 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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3-Hold of 5 3

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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DValue | FGrowth | AMomentum | FVGM

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 16% (40 out of 251)

Industry: Financial - Investment Bank

View All Zacks #1 Ranked Stocks

What is the current Price Target and Forecast for Charles Schwab (SCHW) (2) Better trading starts here.

The Charles Schwab Corporation (SCHW) Price Targets

Average Price Target Highest Price Target Lowest Price Target Upside to Average Price Target
$74.78 $87.00 $52.00 4.98%

Price Target

Based on short-term price targets offered by 18 analysts, the average price target for The Charles Schwab Corporation comes to $74.78. The forecasts range from a low of $52.00 to a high of $87.00. The average price target represents an increase of 4.98% from the last closing price of $71.23.

Analyst Price Targets (18)

Last Close 71.23

Average 74.78 4.98% Upside Low 52.00 -27.00% Downside High 87.00 22.14% Upside

Broker Rating

The Charles Schwab Corporation currently has an average brokerage recommendation (ABR) of 1.95 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 19 brokerage firms. The current ABR compares to an ABR of 1.95 a month ago based on 19 recommendations.

Of the 19 recommendations deriving the current ABR, 11 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 57.89% and 5.26% of all recommendations. A month ago, Strong Buy made up 57.89%, while Buy represented 5.26%.

Broker Rating Breakdown

What is the current Price Target and Forecast for Charles Schwab (SCHW) (3)

Today1 Week Ago1 Month Ago2 Months Ago3 Months Ago
Strong Buy111111109
Buy11111
Hold55566
Sell11111
Strong Sell11110
ABR1.951.951.952.051.94

1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.

2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.

DateBrokerage FirmAnalystPreviousCurrent
4/9/2024JMP SecuritiesDevin RyanStrong BuyStrong Buy
3/14/2024William BlairJeffrey SchmittStrong BuyStrong Buy
1/18/2024Raymond JamesPatrick J O'ShaughnessyModerate BuyModerate Buy
1/18/2024Argus Research Corp.Stephen BiggarStrong BuyStrong Buy
1/17/2024Keefe Bruyette & WoodsKyle K VoigtModerate BuyHold
1/17/2024Piper SandlerPatrick MoleyStrong BuyStrong Buy

1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.

2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.

Current ABR

Zacks provides the average brokerage recommendation (ABR) for thousands of stocks for most of the leading investment web sties. The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc) made by the brokerage firms for a given stock.

ABR vs Zacks Rank

1.95
ABR (Last week)1.95
# of Recs in ABR19
Average Target Price $74.78
LT Growth Rate19.40%
IndustryFinancial - Investment Bank
Industry Rank by ABR40 of 252
Current Quarter EPS Est: 0.83
What is the current Price Target and Forecast for Charles Schwab (SCHW) (2024)

FAQs

What is the current Price Target and Forecast for Charles Schwab (SCHW)? ›

Average Price Target

What is the price target for Charles Schwab? ›

Stock Price Targets
High$92.00
Median$79.00
Low$64.00
Average$80.15
Current Price$74.89

Is Charles Schwab a buy right now? ›

Charles Schwab's market capitalization is $128.91 B by 1.78 B shares outstanding. Is Charles Schwab stock a Buy, Sell or Hold? Charles Schwab stock has received a consensus rating of buy. The average rating score is and is based on 65 buy ratings, 32 hold ratings, and 3 sell ratings.

What is the forecast for the Charles Schwab EPS? ›

For the fiscal year ending Dec 2024 , the consensus EPS* forecast has increased over the past week from 3.4 to 3.42(0.59%) and increased over the past month from 3.33 to 3.4(2.10%). Of the 9 analysts making yearly forecasts, 8raised and 1 lowered their forecast.

What is the stock target price? ›

A target price is an estimate of the future price of a stock. Target prices are based on earnings forecasts and assumed valuation multiples. Target prices can be used to evaluate stocks and may be even more useful than an equity analyst's rating.

Is schw a buy or sell? ›

The consensus among 13 Wall Street analysts covering (NYSE: SCHW) stock is to Buy SCHW stock.

How do you predict target price? ›

If you divide the current P/E by the forward P/E and then multiply by the current price, you should have a reasonable prediction for the price target a year from now.

Should I keep my money in Charles Schwab? ›

Yes, in addition to SIPC, Schwab clients receive an extra level of coverage through "excess SIPC" insurance protection for securities and cash. This helps ensure claims will be covered in the event of a brokerage firm failure and funds covered by SIPC protections are exhausted.

Is Schwab money market at risk? ›

Accounts of Charles Schwab & Co., Inc. are insured by SIPC for securities and cash in the event of broker-dealer failure. The Schwab Money Funds are protected as securities by SIPC.

Is Charles Schwab a good choice? ›

Charles Schwab at a Glance

Charles Schwab is a discount broker with service, education, trading tools and research that put it in the top tier of investment firms. With the integration of TD Ameritrade, including that firm's highly recognized Thinkorswim platform, Schwab has established itself as the broker to beat.

Is schw a growth stock? ›

CHARLES SCHWAB CORP (SCHW) is a large-cap growth stock in the Regional Banks industry. The rating using this strategy is 83% based on the firm's underlying fundamentals and the stock's valuation.

What is the current yield on Schwab Swvxx? ›

Fund NameTicker7-day yield1
Taxable Money Funds
Schwab Value Advantage Money Fund® - Investor Shares4SWVXX5.14%
Schwab Value Advantage Money Fund® - Ultra Shares4SNAXX5.29%
Schwab Government Money Fund - Investor SharesSNVXX5.02%
23 more rows

What is the dividend growth rate of Charles Schwab? ›

Dividend History and Growth

The Charles Schwab Corporation ( SCHW ) dividend payments per share are an average of 12.36% over the past 12 months, 11.57% over the past 36 months, 13.54% over the past 60 months, and 15.34% over the past 120 months.

Is Target a buy or sell stock? ›

Target stock has received a consensus rating of buy. The average rating score is and is based on 60 buy ratings, 35 hold ratings, and 1 sell ratings.

Who has the most accurate stock forecast? ›

Zacks Ultimate has proven itself as one of the most accurate stock predictors for more than three decades. Incepted in 1988, this established service has produced phenomenal returns for its members. In fact, since 1998, Zacks Ultimate has generated average annualized returns of 24.3%.

Should you sell stock at target price? ›

The Stock Has Reached Your Target Price

While a set price may be difficult for even the most experienced investors, having a price range in mind gives you a solid enough target. Once you've reached that point, consider selling it and enjoying the gains.

Is Charles Schwab a good place to buy stocks? ›

Charles Schwab is a discount broker with service, education, trading tools and research that put it in the top tier of investment firms. With the integration of TD Ameritrade, including that firm's highly recognized Thinkorswim platform, Schwab has established itself as the broker to beat.

What is the stock price forecast for schd in 2025? ›

To predict the price for SCHD in 2025, we can extrapolate the AI price target. This approach projects SCHD's price to reach $77.69.

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