Barclays raises Charles Schwab price target to $127 on strong 2026 revenue and profit outlook.

Barclays increased its price target for Charles Schwab to $127 from $117, maintaining an Overweight rating after the company’s fiscal 2026 revenue and expense guidance surpassed expectations. Schwab’s projected 14-15% revenue growth for 2026 exceeds analyst consensus, supported by strong Q1 results including record revenue and asset growth. The stock trades below the new target, presenting a bullish case based on improving earnings, AI capabilities, and wealth services expansion. Investors should watch for Schwab’s July update to confirm the sustainability of this optimistic outlook amid competitive and interest rate risks.