TD Cowen raises LPL Financial stock target from USD 377 to USD 380

Published on 10/20/2026 at 18:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 5.19 billion. LPL Financial stock costs EUR 287.35 on October 20, 2026, up 1.86 percent versus the Frankfurt close.

Analyst target and reporting date

TD Cowen raised its LPL Financial target from USD 377.00 to USD 380.00 on October 12, 2026.
Second-quarter revenue reached USD 5.19 billion, while net income was USD 379.26 million.
LPL Financial stock costs EUR 287.35 at Lang & Schwarz on October 20, 2026 at 6:33 p.m. CEST, 1.86 percent above the Frankfurt close of October 19, 2026.
LPL Financial will report third-quarter results on October 27, 2026.

LPLA, US50212V1008, Illustration mit AI erstellt.

LPL Financial (ISIN US50212V1008) gained a fresh analyst reference point on October 12, 2026, when TD Cowen analyst Bill Katz raised the firm's target from USD 377.00 to USD 380.00 while keeping a Hold rating, as Markets Insider reported. The new target is 17.83 percent above the Nasdaq quote of USD 322.50 at 12:37 p.m. EDT on October 20, 2026. LPL Financial stock was trading at EUR 287.35 at Lang & Schwarz on October 20, 2026 at 6:33 p.m. CEST, up 1.86 percent versus the Frankfurt close of October 19, 2026 at EUR 282.10.

Revenue sets the earnings baseline

LPL's second-quarter revenue reached USD 5.19 billion for the period ended June 30, 2026, compared with USD 3.84 billion a year earlier. Net income rose to USD 379.26 million from USD 273.25 million, according to Markets Insider. Standardized financial statements put diluted earnings per share at USD 4.74 for the same quarter.

Stock sits below its yearly high

The Nasdaq quote of USD 322.50 places LPL 19.41 percent below its 52-week high of USD 400.16 and 23.97 percent above its 52-week low of USD 260.15, both as of October 20, 2026. The stock's price-to-earnings ratio was 25.72 and market capitalization was USD 25.4 billion on that date. Those figures frame the analyst target without turning it into a recommendation.

Results date is October 27

LPL Financial has scheduled its third-quarter 2026 earnings release after the market closes on October 27, 2026, followed by a conference call at 5:00 p.m. ET, according to GlobeNewswire. The company describes its platform as serving more than 32,000 financial advisors and approximately 1,100 financial institutions, with about USD 2.6 trillion in brokerage and advisory assets, according to the same October 6, 2026 release.

What does the target imply?

TD Cowen's USD 380.00 target is 17.83 percent above the October 20 Nasdaq quote. The comparison matters because the upcoming report will test whether the second-quarter revenue and net income growth can support the valuation already reflected in the stock.

Price remains the daily anchor

LPL Financial was trading at EUR 287.35 at Lang & Schwarz on October 20, 2026 at 6:33 p.m. CEST, 1.86 percent above the Frankfurt close of October 19, 2026 at EUR 282.10. The next scheduled company event is the third-quarter earnings release on October 27, 2026. The further course of trading is shown by the continuously updated real-time quote of LPL Financial stock.