Goldman Sachs cuts target for Charles Schwab stock to USD 117.00
Published on 10/27/2026 at 17:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and market value
- Goldman Sachs lowered its Charles Schwab target to USD 117.00 from USD 122.00 on October 16, 2026.
- Charles Schwab had a USD 154.6 billion market capitalization on October 27, 2026.
- Charles Schwab stock costs EUR 80.31 at Lang & Schwarz on October 27, 2026 at 5:03 p.m. CEST.
- The NYSE quote was USD 89.42 on October 27, 2026, with a P/E ratio of 15.27.
Goldman Sachs lowered its price target for Charles Schwab stock from USD 122.00 to USD 117.00 on October 16, 2026, according to MarketScreener. The stock was trading at EUR 80.31 at Lang & Schwarz on October 27, 2026 at 5:03 p.m. CEST.
Target remains above the NYSE quote
The new Goldman Sachs target sits 30.84 percent above the NYSE quote of USD 89.42 on October 27, 2026. The target reduction still leaves a material gap between the analyst view and the current U.S. listing, but the lower target changes the reference point for investors assessing potential upside.
Stock stays below its yearly high
Charles Schwab traded at USD 89.42 on the NYSE on October 27, 2026 at 12:07 p.m. ET. Its 52-week range was USD 83.96 to USD 114.53, placing the quote 21.93 percent below the high and 6.50 percent above the low. The company had a USD 154.6 billion market capitalization and a P/E ratio of 15.27 on the same date.
What do the dates imply?
The company had announced a quarterly dividend of USD 0.32 per share, payable November 27, 2026 to holders of record on November 13, 2026, according to MarketScreener. Those dates provide the next documented cash-distribution milestones for the stock.
BlackRock traded at USD 1,136.88 on October 27, 2026, with a P/E ratio of 25.86 and a USD 176.1 billion market capitalization. Raymond James Financial traded at USD 158.74, with a P/E ratio of 13.83 and a USD 30.5 billion market capitalization. Charles Schwab's valuation therefore sits between these two financial-services peers on the reported earnings multiple.
Analyst target frames the stock
Goldman Sachs' revised target is the clearest fresh valuation marker for Charles Schwab stock. The lower figure matters because the NYSE quote remains below the target while the stock also sits well below its 52-week high. The company combines brokerage, wealth-management, banking, custody and financial-planning services, giving the valuation a broad operating base rather than a single product exposure.
Charles Schwab was trading at EUR 80.31 at Lang & Schwarz on October 27, 2026 at 5:03 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Charles Schwab stock.
Charles Schwab stock at a glance
- Company: The Charles Schwab Corporation
- ISIN: US8085131055
- Ticker: SCHW
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 27, 2026, 5:03 p.m. CEST): EUR 80.31
- Market capitalization: USD 154.6 billion (as of October 27, 2026)
- 52-week range: USD 83.96-114.53 (as of October 27, 2026)
- Sector / Industry: Financial Services / Capital Markets
- Index membership: S&P 500
Market context: Market report S&P 500.
