Schwab: JP Morgan Maintains Overweight, Raises PT to $121 from $119

Schwab: JP Morgan Maintains Overweight, Raises PT to $121 from $119

In a significant update to its financial outlook, JP Morgan has maintained its 'Overweight' rating on Schwab (SCHW) while raising the target price from $119 to $121. This change, announced by analyst Stephen Tusa, reflects a positive outlook for Schwab, which is a leading global investment services firm.

The latest update follows a series of consistent ratings and adjustments for Schwab. On October 9, 2025, Citigroup's analyst Andrew Kaplowitz maintained a 'Buy' rating, raising the target price to $133 from $126, an increase of 5.56%, according to a GuruFocus report. On October 1, 2025, Barclays' analyst Julian Mitchell maintained an 'Overweight' rating, increasing the target price to $125 from $117, a rise of 6.84%, the report noted. On July 29, 2025, B of A Securities' analyst Andrew Obin downgraded the rating to 'Underperform' with a reduced target price from $106 to $100, a decrease of 5.66%, according to the same report. On July 23, 2025, Mizuho's analyst Brett Linzey maintained an 'Outperform' rating, raising the target price to $122 from $118, an increment of 3.39%, the report showed. On the same day, Oppenheimer's analyst Bryan Blair maintained an 'Outperform' rating, with a target price increase from $118 to $120, which is a rise of 1.69%, the report added.

Based on the one-year price targets offered by 19 analysts, the average target price for Schwab (SCHW) is $118.75 with a high estimate of $133.00 and a low estimate of $100.00. The average target implies an upside of 6.24% from the current price of $111.77, the GuruFocus analysis indicates. The consensus recommendation from 21 brokerage firms indicates an 'Outperform' status, with an average brokerage recommendation of 2.0, per the same source.

Schwab's estimated GF Value for one year is $77.75, suggesting a downside of 30.44% from the current price of $111.77, the GuruFocus data shows. GF Value is calculated based on historical multiples and future estimates of business performance.

Schwab's strong performance and consistent positive ratings from major financial institutions indicate a robust outlook for the company. Investors should closely monitor Schwab's financial performance and any further updates from JP Morgan and other analysts.