Morgan Stanley upgrades SLM to Overweight. SLM stock gets USD 30 target

Published on 10/15/2026 at 13:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 22, 2026 after market close. SLM stock costs EUR 19.80 at Lang & Schwarz in trading on October 15, 2026 ahead of results.

Analyst action and earnings date

On October 12, 2026, Morgan Stanley moved SLM to Overweight and set a USD 30.00 target from USD 28.00.
Second-quarter revenue was USD 401.11 million against USD 409.22 million expected, while adjusted earnings per share were USD 0.29 against USD 0.46.
SLM stock was trading at EUR 19.80 at 1:40 p.m. CEST at Lang & Schwarz on October 15, 2026.

SLM, US78442P1066, Illustration mit AI erstellt.

SLM Corporation (ISIN US78442P1066) was trading at EUR 19.80 at Lang & Schwarz on October 15, 2026 at 1:40 p.m. CEST. Morgan Stanley upgraded SLM to Overweight on October 12, 2026 and lifted its price target from USD 28.00 to USD 30.00, according to Markets Insider.

What does the upgrade change?

The analyst action gives SLM a higher target while keeping the immediate test tied to credit trends and the company's earnings outlook. The USD 30.00 target is USD 10.20 above the euro quote only in nominal terms, so the currencies cannot be combined into a return calculation.

Three dated analyst signals

On July 23, 2026, SLM reported adjusted earnings per share of USD 0.29 against USD 0.46 expected and revenue of USD 401.11 million against USD 409.22 million expected, as reported by MarketBeat. On October 9, 2026, Royal Bank of Canada lowered its target from USD 29.00 to USD 28.00. On October 12, 2026, Morgan Stanley raised its target from USD 28.00 to USD 30.00.

When are the next results?

Business Wire said on October 13, 2026 that Sallie Mae will release third-quarter 2026 results after market close on October 22, 2026, followed by a webcast at 5:30 p.m. ET. The date gives investors a defined checkpoint for whether the weaker second-quarter comparison improves.

SLM stock and the next checkpoint

SLM Corporation originates and services private education loans and also provides deposit products, according to its investor materials. Its latest quarterly figures showed USD 401.11 million in revenue and USD 0.29 in adjusted earnings per share, while fiscal 2026 guidance stands at USD 3.10 to USD 3.20 in earnings per share, according to MarketBeat. The company is listed on Nasdaq under ticker SLM, and its market capitalization was USD 4.2 billion as of October 14, 2026.

SLM was trading at EUR 19.80 at Lang & Schwarz on October 15, 2026 at 1:40 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of SLM stock.