Charles Schwab stock trades at EUR 86.50 before October earnings
📈 Charles Schwab reported Q2 2026 revenue of USD 7.07 billion, up 20.9% from the prior year.
💰 Earnings per share reached USD 1.62, beating analyst consensus estimates by USD 0.06.
📊 Analysts maintain a Moderate Buy consensus with an average 12-month price target of USD 121.17.
🗓️ The next earnings report for Q3 2026 is scheduled to be released on October 15, 2026.
🏦 Schwab operates across brokerage, wealth management, banking, and asset custody services.
💹 The company has a market capitalization of USD 171.0 billion as of late September 2026.
Bullish Signals
- Charles Schwab reported Q2 2026 revenue of USD 7.07 billion, marking a robust 20.9% year-over-year increase.
- The company beat earnings per share estimates with actual results of USD 1.62 versus the consensus of USD 1.56.
- Analysts hold a Moderate Buy consensus rating with an average 12-month price target of USD 121.17, implying upside potential.
- Schwab's diversified business model across brokerage, banking, and wealth management provides multiple revenue streams to support growth.
Full Analysis
Charles Schwab Corp. reported Q2 2026 revenue of USD 7.07 billion, representing a significant 20.9% year-over-year increase. The company posted earnings per share of USD 1.62, which beat the market consensus estimate of USD 1.56 by USD 0.06. This strong performance sets a high bar for the upcoming Q3 report scheduled for October 15, 2026, as investors will look to confirm if revenue growth has sustained its upward trajectory.
Analyst sentiment remains positive with a Moderate Buy consensus among 21 brokerages, including 16 buy ratings and one strong buy. The average 12-month price target stands at USD 121.17, significantly above the current trading price of approximately EUR 86.50 (USD equivalent). Analysts are closely monitoring the quality of earnings to determine if the substantial Q2 growth was driven by temporary factors or a durable expansion in client assets and transaction volumes.
Schwab's diversified business model spans brokerage, wealth management, banking, asset custody, and financial planning services. This mix means that upcoming quarterly results will reflect performance across multiple revenue streams, including deposits, lending, and trading activity. The company maintains a market capitalization of USD 171.0 billion with a 52-week trading range between USD 83.96 and USD 114.53.
