Charles Schwab Stock Soars 0.49% On Earnings, Upgrades

Charles Schwab's stock price rose to its highest level since February 2025 today, with an intraday gain of 0.49%.

Charles Schwab (SCHW) reached a new high stock price of $84.50 on April 25, 2025. To backtest the impact of this event on future price movements, we analyzed the stock price performance over the next 1 week, 1 month, and 3 months. The analysis revealed the following insights:
Short-Term Performance:
- 1 Week: The stock price decreased by 2.59% from the day after the high was reached to the end of the week.
- 1 Month: The stock price fell by 4.97% from the month after the high was reached to the end of the month.
Medium-Term Performance:
- 3 Months: The stock price increased by 3.26% from the quarter after the high was reached to the end of the quarter.
Overall, the backtest suggests that while the stock price may experience short-term fluctuations after reaching a new high, it tends to perform better in the medium term, with a positive return observed in the 3-month period. This indicates that investors may find opportunities in the stock following a pullback after the initial high, with potential for growth over a longer horizon.

Charles Schwab's recent stock price surge can be attributed to several key developments. The company's stock has seen significant upgrades from major financial institutions, including Goldman Sachs and Morgan Stanley. These upgrades have bolstered investor confidence in the company's future prospects.

Additionally, Charles Schwab's strong Q1 earnings report has been a major driver of its stock price increase. The report highlighted an 18% increase in net revenues and a 44% rise in core net new assets, demonstrating the company's robust market position and financial health. These impressive figures have reassured investors about the company's ability to generate growth and profitability.

Furthermore, Charles Schwab was named IBD Stock Of The Day, which has likely contributed to the positive investor sentiment surrounding the company. This recognition has further enhanced the company's reputation and attracted more investors to its stock.