Morgan Stanley cuts target for Charles Schwab stock to USD 132
Published on 10/23/2026 at 11:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst review and quarterly scale
- Morgan Stanley lowered its Charles Schwab target from USD 141 to USD 132 on October 20, 2026.
- Third-quarter 2026 net revenue reached USD 7.171 billion, up 17.00 percent year over year.
- Charles Schwab had a USD 158.1 billion market capitalization as of October 22, 2026.
Charles Schwab (US8085131055) stock is priced at EUR 81.88 at Lang & Schwarz on October 23, 2026 at 10:49 a.m. CEST. On October 20, 2026, Morgan Stanley cut its Charles Schwab target from USD 141 to USD 132, according to MarketScreener.
Why the target changed
The target reduction followed Charles Schwab's third-quarter results and the company's indication that full-year revenue and net interest margin growth should land toward the lower end of its previous ranges. The October 20 analyst action gives investors a counterpoint to the strong operating figures reported four days earlier.
Third-quarter revenue reached USD 7.171 billion
Charles Schwab reported third-quarter 2026 net revenue of USD 7.171 billion, a 17.00 percent increase from USD 6.135 billion in the third quarter of 2025. GAAP net income rose 23.00 percent to USD 2.906 billion, while diluted GAAP earnings per share increased to USD 1.62 from USD 1.26. These figures come from the company's October 15, 2026 release, linked to Charles Schwab.
The quality of the quarter rested on several operating drivers. Core net new assets reached USD 190.4 billion, up 38.00 percent year over year, while total client assets rose 15.00 percent to USD 13.33 trillion. Trading revenue increased 16.00 percent to USD 1.158 billion, and net interest revenue rose 14.00 percent to USD 3.476 billion.
When is the next report due
The next scheduled earnings date is January 14, 2027, before the U.S. market opens, according to Earnings Whispers. The date refers to fourth-quarter 2026 results, leaving the fourth-quarter margin outlook as the next major test for the revised valuation view.
Stock price and market value
The last U.S. market quote was USD 91.44 for Charles Schwab on October 22, 2026 at 4:00 p.m. ET on the NYSE. The company's market capitalization was USD 158.1 billion as of that date. The euro quotation was EUR 81.88 at Lang & Schwarz on October 23, 2026 at 10:49 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Charles Schwab stock.
Charles Schwab stock key facts
- Company: The Charles Schwab Corporation
- ISIN: US8085131055
- Ticker: SCHW
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 23, 2026, 10:49 a.m. CEST): EUR 81.88
- Market capitalization: USD 158.1 billion (as of October 22, 2026)
- Sector / Industry: Financial Services / Financial - Capital Markets
Market context: Market report S&P 500.
