Charles Schwab stock heads into earnings after a record quarter

Published on 10/06/2026 at 18:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Charles Schwab stock enters the October 15, 2026 report after Q2 revenue reached USD 7.07 billion, up 21 percent year over year. Adjusted EPS rose 42 percent to USD 1.62.

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Charles Schwab stock was trading at USD 97.03 on the NYSE on October 6, 2026 at 12:23 p.m. ET, as the company approaches its October 15 earnings report after a record second quarter. The Q2 2026 results delivered USD 7.07 billion in revenue and adjusted EPS of USD 1.62, according to Yahoo Finance.

Q2 growth raises the earnings bar

Revenue increased 21 percent from the year-earlier quarter, while adjusted EPS rose 42 percent to USD 1.62. The earnings figure also exceeded the USD 1.56 consensus estimate, and revenue of USD 7.07 billion surpassed the USD 6.90 billion forecast, according to MarketBeat.

The next report will show whether that momentum carried into the third quarter. The consensus calls for USD 1.67 in quarterly EPS and USD 7.21 billion in revenue, compared with USD 1.31 and USD 6.13 billion in the year-earlier period, according to Benzinga.

Targets split above and below the price

BofA raised its Charles Schwab target from USD 91 to USD 95 on October 5, 2026, while keeping an Underperform rating, according to Markets Insider. The new target sits below the USD 97.03 share price, making the cautious view a direct counterpoint to the broader analyst consensus.

That consensus is Moderate Buy with an average price target of USD 122.63, or 26.4 percent above USD 97.03, according to Markets Insider. The gap between the consensus target and BofA target leaves the October report as the next measurable test for earnings expectations.

Stock trades below its yearly high

Charles Schwab stock was last at USD 97.03 on the NYSE on October 6, 2026 at 12:23 p.m. ET, down 0.94 percent from the prior close of USD 97.96. The session range was USD 96.96 to USD 98.78, with volume of 2,035,015 shares.

The USD 168.8 billion market capitalization places the upcoming earnings release against a 52-week range of USD 83.96 to USD 114.53. For investors, the key comparison is clear: Q3 estimates require EPS growth from USD 1.31 to USD 1.67 while the stock remains below its yearly high.