Charles Schwab stock: BMO cuts target for Charles Schwab stock from USD 105 to USD 97

Published on 10/20/2026 at 17:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 adjusted earnings hit USD 1.69 versus USD 1.66. Charles Schwab stock costs EUR 81.04 on October 20, 2026, down 0.88 percent versus Frankfurt close.

Analyst target and earnings

BMO Capital Markets cut its Charles Schwab target from USD 105.00 to USD 97.00 on October 19, 2026.
Reported third-quarter earnings per share reached USD 1.69 versus USD 1.66 expected.
Charles Schwab stock costs EUR 81.04 at Lang & Schwarz on October 20, 2026 at 5:42 p.m. CEST, 0.88 percent below the Frankfurt close of October 19, 2026.
The company had a USD 157.0 billion market capitalization and a 15.52 price-to-earnings ratio on October 20, 2026.

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BMO Capital Markets cut its Charles Schwab target from USD 105.00 to USD 97.00 on October 19, 2026, while maintaining a market perform rating, MarketBeat reported. The new target is 6.85 percent above the USD 90.78 NYSE price at 11:47 a.m. ET on October 20, 2026. Charles Schwab stock was trading at EUR 81.04 at Lang & Schwarz on October 20, 2026 at 5:42 p.m. CEST, 0.88 percent below the Frankfurt close of October 19, 2026 at EUR 81.76.

Quarterly earnings beat expectations

For the quarter ended September 30, 2026, Charles Schwab reported adjusted earnings per share of USD 1.69 against a USD 1.66 consensus estimate, according to MarketBeat on October 19, 2026. The company had last issued quarterly earnings on October 15, 2026, making the earnings comparison the main operating counterpoint to the lower analyst target.

NYSE range leaves 20.74 percent to high

The USD 90.78 NYSE price stood 8.12 percent above the 52-week low of USD 83.96 and 20.74 percent below the 52-week high of USD 114.53 on October 20, 2026. Trading volume was 3,679,593 shares at 11:47 a.m. ET, placing the price well inside its annual range rather than at an extreme.

Valuation and shareholder return

Charles Schwab had a USD 157.0 billion market capitalization, a 15.52 price-to-earnings ratio and a 1.00 percent dividend yield on October 20, 2026. The figures place the target reset alongside a large, profitable financial-services platform whose earnings per share exceeded the cited quarterly consensus.

What does the target reset mean?

BMO's USD 97.00 target remains above the NYSE price, but its USD 8.00 reduction equals a 7.62 percent cut from USD 105.00. The move leaves the analyst view constructive in direction while setting a lower numerical ceiling than before.

Stock trades after the Xetra close

For investors in Germany, the euro quotation is the cleaner live reference: Charles Schwab stock was trading at EUR 81.04 at Lang & Schwarz on October 20, 2026 at 5:42 p.m. CEST, 0.88 percent below the Frankfurt close of October 19, 2026 at EUR 81.76.

The further course of trading is shown by the continuously updated real-time quote of Charles Schwab stock.