Charles Schwab stock trades at EUR 87.35 as Forge deal expands

Published on 09/30/2026 at 14:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

At Lang & Schwarz, Charles Schwab stock was EUR 87.35 on September 30, 2026, versus EUR 87.32 at the prior close. Q2 EPS of USD 1.62 beat USD 1.56.

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Charles Schwab stock (ISIN US8085131055) was trading at EUR 87.35 at Lang & Schwarz on September 30, 2026 at 2:40 p.m. CEST, plus 0.03 percent versus the prior close of EUR 87.32. The company has agreed to acquire Forge Global, adding private-market and pre-IPO access to its brokerage platform, as Yahoo Finance reported on September 26, 2026.

Forge deal adds a new revenue path

Forge Global gives Charles Schwab a route into private company shares and venture-backed investments for retail and institutional clients. The strategic value is distribution: Schwab can place a specialist private-markets product inside an established custody, banking, wealth-management and advisory network.

The move also carries an execution test. Integrating a private-market marketplace adds technology, compliance and client-education demands, while the revenue contribution depends on sustained client adoption rather than the acquisition alone.

Q2 figures set a high bar

Charles Schwab reported Q2 2026 EPS of USD 1.62 against a USD 1.56 consensus and revenue of USD 7.07 billion against USD 6.90 billion, according to MarketBeat on September 16, 2026. Revenue increased 20.9 percent from the same quarter a year earlier, making the next report an important test of whether private-market expansion can complement already strong operating momentum.

Analyst opinion is not uniform. MarketBeat reported that Zacks Research cut Charles Schwab from strong buy to hold on September 14, 2026, while the broader consensus remained Moderate Buy with an average target of USD 121.17.

October 15 is the next checkpoint

Charles Schwab is expected to report Q3 2026 results before the US market open on October 15, 2026, according to Gekko. Its published consensus calls for EPS of USD 1.67 and revenue of USD 7.22 billion. Those estimates put the emphasis on continued earnings delivery as Schwab begins to integrate Forge and expand its product mix.

Stock holds near EUR 87

Charles Schwab stock was trading at EUR 87.35 at Lang & Schwarz on September 30, 2026 at 2:40 p.m. CEST, plus 0.03 percent versus the Lang & Schwarz prior close of EUR 87.32. The reference price is an intraday euro quote for investors in Germany.