TD Cowen cuts target for Stifel Financial stock to USD 78.00
Published on 10/17/2026 at 20:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and valuation
- TD Cowen lowered its Stifel Financial target from USD 84.00 to USD 78.00 on October 12, 2026.
- Stifel Financial reports third-quarter results on October 21, 2026.
- Stifel Financial stock was last at USD 67.56 on October 16, 2026 at 4:00 p.m. ET, down 1.65 percent versus the prior session close of USD 68.69.
- Stifel Financial traded at a P/E ratio of 8.69 with a market capitalization of USD 10.2 billion.
TD Cowen cut its target for Stifel Financial from USD 84.00 to USD 78.00 on October 12, 2026, while keeping a Hold rating, MarketBeat reported. The revised target stood 15.45 percent above Stifel Financial's last NYSE price. Stifel Financial was last at USD 67.56 on October 16, 2026 at 4:00 p.m. ET, down 1.65 percent from the prior session close of USD 68.69.
Results date comes into view
Stifel had scheduled its third-quarter financial results conference call for October 21, 2026. That date gives the next clear checkpoint for revenue, earnings and capital-markets activity after the recent target reductions.
Price sits near yearly low
The October 16 session ranged from USD 67.22 to USD 69.33, with 1,299,342 shares traded against an average volume of 1,192,215 shares. That volume was 8.99 percent above the average. The 52-week range ran from USD 66.89 to USD 89.83, placing the last price 1.00 percent above the low and 24.79 percent below the high.
Valuation and October date
Stifel Financial had a market capitalization of USD 10.2 billion, a P/E ratio of 8.69 and a dividend yield of 2.00 percent as of October 16, 2026. The valuation sits below the broad investment-banking peer levels shown by Goldman Sachs at a P/E ratio of 12.67 and Raymond James Financial at 13.66.
Comparison with peers
Stifel Financial (NYSE, USD): minus 1.65 percent, P/E 8.69, market capitalization USD 10.2 billion
Goldman Sachs (NYSE, USD): minus 1.12 percent, P/E 12.67, market capitalization USD 256.6 billion
Raymond James Financial (NYSE, USD): minus 0.37 percent, P/E 13.66, market capitalization USD 30.1 billion
What the target says
The new USD 78.00 target remains above the latest NYSE price, but the change from USD 84.00 narrows the gap between analyst expectations and the market quotation. For investors, the October 21 results date now matters because the report can test whether the valuation discount reflects weaker near-term earnings or a broader reset in targets.
Price and investor perspective
Stifel Financial combines a 1.00 percent cushion above its 52-week low with a P/E ratio below those of the two comparison firms. The October 16 decline also leaves the stock below the revised TD Cowen target, while the upcoming results date provides the next scheduled company-specific event.
Market context: Market report S&P 500.
