Charles Schwab stock falls 1.58 percent ahead of October 15 earnings

Published on 10/07/2026 at 16:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Charles Schwab stock enters October 15 with Q2 revenue up 21 percent to USD 7.07 billion. A 24-analyst consensus puts the average target at USD 123.41.

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Charles Schwab (ISIN US8085131055) was down 1.58 percent on the NYSE on October 7, 2026, as the brokerage group approached its next quarterly report. The stock was trading at USD 95.28 at 10:26 a.m. ET, with third-quarter earnings scheduled for October 15 before the market opens.

Q2 revenue reached USD 7.07 billion

The latest operating figures give the October move a clear financial backdrop. According to Yahoo Finance on July 21, 2026, second-quarter total revenue rose 21 percent year over year to USD 7.1 billion, while adjusted earnings per share increased 42 percent to USD 1.62.

The same quarterly update showed adjusted pre-tax profit margin of 54.3 percent and bank loan balances of USD 67 billion, up 33 percent from the second quarter of 2025. The figures point to lending and client activity as important drivers for the earnings discussion on October 15.

Consensus target sits above the stock

According to Yahoo Finance on September 29, 2026, 24 analysts assigned the shares a Moderate Buy consensus. The average price target was USD 123.41, which places the price 22.8 percent below the target based on the NYSE quote of USD 95.28.

The analyst picture is not uniformly positive. Markets Insider reported on October 5, 2026, that BofA raised its price target from USD 91 to USD 95 while retaining an Underperform rating. That target remains below the consensus average.

Stock remains below its yearly high

At USD 95.28 on October 7, 2026, Charles Schwab stock stood within its USD 83.96 to USD 114.53 52-week range. The market capitalization was USD 165.7 billion, while volume had reached 1,544,308 shares at the quoted time.

The company also began its secondary listing on the Texas Stock Exchange on October 7, while keeping the NYSE as its primary venue. The change had been announced on October 1, 2026, in a release from Charles Schwab, which also listed a closing bell ceremony for October 26.

NYSE quote and upcoming dates

Charles Schwab was trading at USD 95.28 on the NYSE on October 7, 2026 at 10:26 a.m. ET, down from a prior close of USD 96.80. The next earnings release is scheduled for October 15, 2026, before the market opens.