TD Cowen raises target for Charles Schwab stock to USD 129

Published on 10/13/2026 at 11:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Charles Schwab stock costs EUR 87.30 on October 13, 2026, with USD 141 as a separate analyst target. Q3 results are due October 15 before market open.

TD Cowen raised its Charles Schwab price target from USD 128 to USD 129 on October 12, 2026.
Morgan Stanley raised its target from USD 136 to USD 141 on October 9, 2026.
Second-quarter 2026 revenue reached USD 7.07 billion and diluted earnings per share were USD 1.54.
The Charles Schwab stock price was EUR 87.30 at Lang & Schwarz on October 13, 2026 at 11:48 a.m. CEST.

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Charles Schwab (ISIN US8085131055) was trading at EUR 87.30 at Lang & Schwarz on October 13, 2026 at 11:48 a.m. CEST. According to Markets Insider on October 12, 2026, TD Cowen raised its Charles Schwab target from USD 128 to USD 129 and kept a Buy rating. The timing places the target change immediately ahead of the companys next quarterly report.

Three recent figures set the tone

On July 21, 2026, Charles Schwab reported USD 7.07 billion in second-quarter revenue and USD 1.62 in adjusted earnings per share, according to MarketBeat. The same report said revenue grew 20.9 percent year over year and exceeded the USD 6.90 billion consensus estimate, while adjusted earnings per share exceeded the USD 1.56 estimate by USD 0.06.

On October 9, 2026, Morgan Stanley raised its Charles Schwab target from USD 136 to USD 141 and kept an Overweight rating, as Markets Insider reported. The two fresh targets show a USD 12 spread between TD Cowens USD 129 view and Morgan Stanleys USD 141 view, giving investors a concrete measure of the current valuation debate.

What does the target reset mean?

The target changes arrive as Charles Schwab approaches its third-quarter update. According to Simply Wall St, the company is scheduled to report third-quarter 2026 results on October 15, 2026.

The latest reported quarter supplies the benchmark: USD 7.07 billion of revenue, USD 2.80 billion of net income and a 40.00 percent net profit margin in the second quarter of 2026. Finance data also show USD 168.8 billion in market capitalization as of October 12, 2026, while the 52-week range was USD 83.96 to USD 114.53.

October 15 is the next checkpoint

The upcoming report will give the market a new operating comparison against the second quarter figures. The key numerical questions are whether revenue can remain above the USD 7.00 billion level and whether earnings per share can build on the USD 1.62 adjusted result from the second quarter.

Stock snapshot in euros

Charles Schwab was trading at EUR 87.30 at Lang & Schwarz on October 13, 2026 at 11:48 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Charles Schwab stock.