Truist Securities Cuts SCHW Price Target to $125

Truist Securities has reiterated its Buy rating on The Charles Schwab Corporation (SCHW) with a new price target of $125 on October 13, 2026. This is a decrease from their previous target of $130. The firm maintains a positive outlook on the company, reflecting confidence in its ongoing performance despite recent stock fluctuations.

Other Institutional Activity in The Charles Schwab Corporation

Blackrock Inc. holds 134,414,949 shares of SCHW, with a total value of about $12.4 billion, after adding 1,264,925 shares. Dodge & Cox Inc. increased its stake by 1,965,085 shares, bringing its total to 76,968,323 shares worth approximately $7.1 billion. State Street Corporation also added 407,493 shares, resulting in a total of 73,174,188 shares valued at around $6.7 billion. Meanwhile, Vanguard Capital Management LLC reduced its holdings by 1,029,414 shares, totaling 107,329,957 shares worth about $9.9 billion. JPMorgan Chase & Co. decreased its stake significantly by 24,678,590 shares, now holding 49,165,186 shares valued at about $4.5 billion.

The Charles Schwab Corporation Stock Down 5.2%

As of October 16, 2026, SCHW was trading around $91.77, which is about 12.4% below its 50-day moving average of $104.75 and 6.5% below its 200-day moving average of $98.19. The stock is currently 19.9% below its 52-week high of $114.53, but 9.3% above its 52-week low of $83.96. This positioning suggests that the stock is facing some headwinds in the market.

Recent Earnings

The Charles Schwab Corporation reported trailing twelve-month revenue of about $26.0 billion and an EPS of $5.49. The company's revenue growth year-over-year is at 20.9%, with a net margin of 38.8% and a return on equity of 20.3%. The next earnings report is scheduled for October 20, 2026.

Insider Buying and Selling at The Charles Schwab Corporation

Neesha Hathi, an officer at the company, sold 3,177 shares at an average price of $109.04 on September 1, 2026, totaling approximately $346,428. On October 1, 2026, Hathi sold another 5,000 shares at an average price of $97.80, amounting to about $489,007.

Analysts Set New Price Targets

On October 16, 2026, Barclays maintained an Overweight rating with a price target of $115, down from $118. UBS also maintained a Buy rating with a target of $109, reduced from $113. Wells Fargo kept its Equal-Weight rating with a target of $103, lowered from $105. JP Morgan maintained its Overweight rating with a target of $147, down from $150. Evercore ISI Group maintained an In-Line rating with a target of $104, reduced from $107. The consensus among 22 analysts suggests a mean price target of about $119.55, indicating a generally positive outlook despite some recent adjustments.

About The Charles Schwab Corporation

The Charles Schwab Corporation is a financial services company based in Westlake, TX. It offers a range of services including wealth management, securities brokerage, banking, asset management, and financial advisory services. With around 33,700 employees, it serves clients in the U.S. and internationally, operating through two main segments: Investor Services and Advisor Services.

Bottom Line

Investors should monitor The Charles Schwab Corporation's upcoming earnings report on October 20, 2026, as well as any further analyst updates following Truist's recent reiteration of its Buy rating with a $125 target. The stock's recent performance, trading below key moving averages, presents a focal point for market watchers.