Wells Fargo sets USD 362.00 target for LPL Financial stock

Published on 10/17/2026 at 19:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 5.19 billion in quarter two of 2026. LPL Financial stock was USD 320.96 October 16, 2026, down 2.01 percent versus Nasdaq's prior close.

Analyst target and quarterly date

Wells Fargo assigned a USD 362.00 target and Buy rating on October 14, 2026.
Revenue reached USD 5.19 billion in the second quarter of 2026.
LPL Financial stock last stood at USD 320.96 on October 16, 2026 at 4:00 p.m. ET, 2.01 percent below the Nasdaq prior close of USD 327.56.
LPL Financial Holdings will report third-quarter 2026 results on October 27, 2026.

LPLA, US50212V1008, Illustration mit AI erstellt.

Wells Fargo assigned LPL Financial a Buy rating and a USD 362.00 price target on October 14, 2026, putting the target 12.79 percent above the latest Nasdaq price of USD 320.96. The stock last stood at USD 320.96 on October 16, 2026 at 4:00 p.m. ET, down 2.01 percent from USD 327.56.

Revenue reached USD 5.19 billion

The second quarter delivered the strongest operating figure in the latest reported period. Markets Insider reported quarterly revenue of USD 5.19 billion and net profit of USD 379.26 million for the quarter ended June 30, 2026. Revenue was USD 3.84 billion in the comparable period, while net profit was USD 273.25 million.

Stock sits below its yearly high

At USD 320.96, LPL Financial is 19.81 percent below its 52-week high of USD 400.16 and 23.37 percent above its 52-week low of USD 260.15. Trading volume reached 787,904 shares on October 16, 2026, against an average volume of 722,509 shares. The market capitalization was USD 25.3 billion.

Valuation and the next report

The price-to-earnings ratio stood at 25.59 on October 16, 2026, while the quoted dividend yield was 0.00 percent. The company's investor-relations page lists the next earnings call for October 27, 2026, at 5:00 p.m. EDT. LPL Financial describes its business as a wealth-management platform serving financial advisors and institutions.

Comparison with peers

LPLA (Nasdaq, USD): minus 2.01 percent, P/E 25.59, market capitalization USD 25.3 billion
Raymond James Financial (NYSE, USD): minus 0.37 percent, P/E 13.66, market capitalization USD 30.1 billion
Charles Schwab (NYSE, USD): minus 2.34 percent, P/E 15.69, market capitalization USD 159.0 billion

Price and reporting date

The USD 39.04 gap between the latest price and the Wells Fargo target is the central valuation reference for the next trading sessions. LPL Financial's scheduled October 27, 2026 report will provide the next company-specific earnings benchmark.

LPL Financial stock last stood at USD 320.96 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 2.01 percent versus the Nasdaq prior close of USD 327.56.