Morgan Stanley raised target for SLM Corporation stock to USD 30

Published on 10/20/2026 at 13:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 670.34 million and GAAP EPS was USD 0.29. SLM stock costs EUR 19.25 on October 20, 2026 before its October 22 results.

Analyst action and quarterly results

Morgan Stanley lifted its SLM target from USD 28 to USD 30 on October 12, 2026.
Second-quarter revenue reached USD 670.34 million and net income was USD 58.52 million.
SLM stock traded at EUR 19.25 at 1:46 p.m. CEST at Lang & Schwarz on October 20, 2026.

SLM, US78442P1066, Illustration mit AI erstellt.

SLM Corporation (ISIN US78442P1066) received a higher Morgan Stanley target of USD 30 on October 12, 2026, up from USD 28, while its next quarterly report is scheduled for October 22. The upgrade followed a 15 percent pullback over the preceding month, according to TipRanks.

The target rises ahead of results

Morgan Stanley changed its view from Equal Weight to Overweight and raised the target from USD 28 to USD 30. The analyst cited rate and macro concerns, as well as expected earnings growth and capital-light economics linked to private credit partnerships, as reported by TipRanks.

The latest reported quarter was the second quarter of 2026, ended June 30. SLM posted USD 670.34 million in revenue, USD 58.52 million in net income and GAAP earnings per share of USD 0.29, while adjusted earnings per share were also USD 0.29, according to Earnings Today.

What does the next report test?

The second-quarter earnings per share result missed the USD 0.46 consensus estimate by USD 0.17. Revenue exceeded the cited USD 348.21 million estimate, but net income fell from USD 307.95 million in the first quarter of 2026 to USD 58.52 million in the second quarter, making the upcoming release important for judging whether the earnings decline was temporary.

Three dated results and targets

On April 23, 2026, SLM reported adjusted earnings per share of USD 1.54 for the first quarter, according to Earnings Today. On July 23, 2026, second-quarter adjusted earnings per share were USD 0.29, also according to Earnings Today. On October 12, 2026, Morgan Stanley raised its target to USD 30 from USD 28.

Next date for SLM investors

SLM is scheduled to release third-quarter 2026 financial results after the market close on October 22, 2026, with a webcast at 5:30 p.m. ET, according to Yahoo Finance.

Stock price and valuation context

SLM is listed on Nasdaq under the ticker SLM. Its market capitalization was USD 4.1 billion and its 52-week range was USD 17.77 to USD 31.06 as of October 16, 2026. The company operates in financial services and focuses on private education loans and related deposit products.

At Lang & Schwarz, SLM was trading at EUR 19.25 on October 20, 2026 at 1:46 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of SLM stock.