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Home/News Feed/Charles Schwab reports record Q2 earnings and raises stock price target to $118

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Charles Schwab reports record Q2 earnings and raises stock price target to $118

Company Fundamentals

21 Jul 2026

Andrew Wynn

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Bullish

Charles Schwab announced record second-quarter results with $7.07 billion in revenue and $1.62 adjusted EPS, a 42% increase year-over-year. The company added 1.4 million new brokerage accounts and $120 billion in net new assets, signaling strong client growth. Analyst Piper Sandler raised the price target to $118, reflecting confidence in Schwab's future stock performance. This marks Schwab's fourth consecutive quarter beating earnings estimates, highlighting consistent financial strength.

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Charles Schwab posts strong Q2 2026 growth with 21% revenue and 42% EPS gains, boosting buy rating.

Charles Schwab reported robust Q2 2026 results with 20.9% revenue growth and 42.1% earnings per share (EPS) growth, supported by a 3% net interest margin. The company’s disciplined capital management and expanding margins contribute to a positive out...

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