Charles Schwab Corp [SCHW] stock Upgrade by Wells Fargo analyst, price target now $93

BFRI Stock

Charles Schwab Corp [NYSE: SCHW] price plunged by -1.01 percent to reach at -$0.83.

The one-year SCHW stock forecast points to a potential upside of 7.87. The average equity rating for SCHW stock is currently 2.04, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Charles Schwab Corp [SCHW]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SCHW shares is $88.68 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SCHW stock is a recommendation set at 2.04. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wells Fargo have made an estimate for Charles Schwab Corp shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on January 22, 2025. While these analysts kept the previous recommendation, Barclays raised their target price from $74 to $95. The new note on the price target was released on December 09, 2024, representing the official price target for Charles Schwab Corp stock. Previously, the target price had yet another raise to $70, while Wells Fargo analysts kept a Equal Weight rating on SCHW stock. On July 29, 2024, analysts decreased their price target for SCHW shares from 80 to 64.

The Average True Range (ATR) for Charles Schwab Corp is set at 1.86, with the Price to Sales ratio for SCHW stock in the period of the last 12 months amounting to 5.75. The Price to Book ratio for the last quarter was 3.82, with the Price to Cash per share for the same quarter was set at 43.87. Price to Free Cash Flow for SCHW in the course of the last twelve months was 5.40.

SCHW Stock Performance Analysis:

Charles Schwab Corp [SCHW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.95. With this latest performance, SCHW shares gained by 9.17% in over the last four-week period, additionally plugging by 22.67% over the last 6 months – not to mention a rise of 28.24% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SCHW stock in for the last two-week period is set at 66.98, with the RSI for the last a single of trading hit 71.83, and the three-weeks RSI is set at 63.55 for Charles Schwab Corp [SCHW]. The present Moving Average for the last 50 days of trading for this stock 78.27, while it was recorded at 81.75 for the last single week of trading, and 71.87 for the last 200 days.

SCHW Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SCHW. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Charles Schwab Corp go to 22.66%.

Charles Schwab Corp [SCHW] Institutonal Ownership Details

There are presently around $84.80%, or 90.46%% of SCHW stock, in the hands of institutional investors. The top three institutional holders of SCHW stocks are: TORONTO DOMINION BANK with ownership of 225.96 million shares, which is approximately 12.3815%. VANGUARD GROUP INC, holding 122.21 million shares of the stock with an approximate value of $$9.01 billion in SCHW stocks shares; and VANGUARD GROUP INC, currently with $$7.44 billion in SCHW stock with ownership which is approximately 5.5355%.