UBS Cuts The Charles Schwab (SCHW) Price Target to $109
UBS keeps its Buy rating on The Charles Schwab Corporation but lowers its price target to $109.00, a 18.54% upside from the current price.
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UBS cut its price target on The Charles Schwab Corporation ($SCHW) to $109 from $113 on October 16, 2026, and rates the stock "Buy".
SCHW
The Charles Schwab Corporation
Key Points
- UBS reaffirmed a Buy rating on The Charles Schwab Corporation while adjusting its price target from $113.00 to $109.00 on October 16, 2026.
- UBS's $109 price target implies 18.54% upside from The Charles Schwab Corporation's ($SCHW) current $91.95 share price.
- The financial services firm recently traded around $91.95, sitting below its 50-day moving average of $104.75.
- Institutional investors like Dodge & Cox Inc. and Franklin Resources, Inc. held sizeable stakes in the firm earlier in the year.
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UBS kept its positive stance on The Charles Schwab Corporation (NYSE: SCHW) on October 16, 2026, reiterating a Buy rating while lowering its price target from $113.00 to $109.00.
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UBS's Call on The Charles Schwab Corporation
On October 16, 2026, UBS issued a research note maintaining its Buy rating on the wealth management firm while nudging down the price target to $109.00 from $113.00. Several other firms adjusted their views on the same day. Barclays maintained an Overweight rating and moved its target from $118.00 to $115.00. Wells Fargo maintained an Equal-Weight rating with a target shifted to $103.00 from $105.00. JP Morgan maintained an Overweight rating, adjusting its target to $147.00 from $150.00, while Evercore ISI Group kept an In-Line rating and moved its target from $107.00 to $104.00. Across 22 analyst opinions, the stock carries a consensus buy recommendation with a mean price target of $119.55.
Other Institutional Activity in The Charles Schwab Corporation
Large institutional investors made adjustments to their positions earlier in the year. Dodge & Cox Inc. grew its holdings by 1,965,085 shares, ending with 76,968,323 shares worth about $7.08 billion in its report for June 30, 2026. Franklin Resources, Inc. added 4,649,901 shares, bringing its total to 36,476,735 shares valued at roughly $3.35 billion.
The Charles Schwab Corporation Stock Down 5.0%
The stock recently traded around $91.95 as of October 16, 2026, closing that day at $91.96. The shares sit below the 50-day moving average of $104.75 and under the 200-day moving average of $98.19. The company has a market capitalization of roughly $162.83 billion and a price-to-earnings ratio of 17.15.
$SCHW price target
The Charles Schwab Corporation daily closes and this analyst's $109 target. Not advice.
Recent Earnings
The company reported trailing twelve-month revenue of $26.03 billion alongside earnings of $5.49 per share. Profitability metrics show a net margin of 38.8% and a return on equity of 20.3%, supported by a year-over-year revenue growth rate of 20.9%.
Dividend
The company offers a dividend yield of 1.33% with a payout ratio of 21.5%.
Insider Buying and Selling at The Charles Schwab Corporation
Company insiders completed transactions ahead of the analyst updates. Neesha Hathi sold 3,177 shares on September 1, 2026, at an average price of $109.04 for a total value of $346,428. Hathi later sold another 5,000 shares on October 1, 2026, at $97.80 per share, totaling $489,007.
About The Charles Schwab Corporation
Based in Westlake, Texas, The Charles Schwab Corporation operates through its subsidiaries as a savings and loan holding company. It delivers wealth management, securities brokerage, banking, asset management, custody, and financial advisory services across the United States and internationally via its Investor Services and Advisor Services segments.
Bottom Line
Investors will watch how the company performs against its moving averages and consensus price targets in upcoming reports. Market participants should monitor future institutional filings for further changes in major stakes.
Related Filing Alerts
Source: UBS's rating change on $SCHW (Oct 16, 2026). Written by software, not financial advice. How we make alerts