Barclays cuts target for Charles Schwab stock to USD 118.00

Published on 10/08/2026 at 15:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted earnings per share rose 42 percent to USD 1.62 in second quarter 2026. Charles Schwab stock costs EUR 85.16 on October 8, 2026 versus EUR 85.27.

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Charles Schwab (ISIN US8085131055) is facing a lower Barclays target after the bank cut its view from USD 125.00 to USD 118.00 on October 7, 2026, while maintaining an Overweight rating, according to The Globe and Mail. The 5.60 percent target reduction puts the latest view below the earlier Barclays estimate, even as the rating remains positive.

Three target changes shape the story

Analyst targets have moved in both directions during 2026. Morgan Stanley raised its target from USD 133.00 to USD 136.00 on July 27, 2026, according to Benzinga. Piper Sandler then cut its target from USD 118.00 to USD 100.00 on October 2, 2026, while keeping a Neutral rating, according to MarketBeat.

What supports the valuation?

Schwab's second-quarter 2026 performance provides a stronger operating counterweight. The company delivered USD 7.10 billion in total revenue, up 21.00 percent year over year, while adjusted earnings per share reached USD 1.62, up 42.00 percent, according to the Yahoo Finance transcript. Daily average trades reached 11.90 million in the quarter, up 28.00 percent, while the adjusted pre-tax profit margin was 54.30 percent.

The same transcript records a 17.50 percent to 18.50 percent full-year 2026 revenue-growth scenario and a 3.00 percent to 3.10 percent full-year net interest margin range. Those figures explain why the target revisions are not uniform: operating momentum is strong, but valuation expectations remain sensitive to interest rates, lending growth and trading activity.

Next results arrive October 15

Benzinga identifies October 15, 2026 as the next reporting date for third-quarter results. Its consensus calls for USD 1.67 in quarterly earnings per share and USD 7.21 billion in revenue, compared with USD 1.31 and USD 6.13 billion in the year-ago quarter.

Euro quote remains near the yearly floor

Charles Schwab was trading at EUR 85.16 at Lang & Schwarz on October 8, 2026 at 3:00 p.m. CEST, minus 0.13 percent versus the prior close of EUR 85.27. The US quote was last at USD 95.58 on October 7, 2026 at 4:00 p.m. ET, while the 52-week range was USD 83.96 to USD 114.53 and market capitalization was USD 166.2 billion as of October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of Charles Schwab stock.