SCHW SCHWAB CHARLES CORP

MIXED Impact: 1/10 ANALYST-UPGRADE
Processed 1mo ago SEC analyst-SCHW-redburna-20250609
10 firms acted on SCHW: BMO Capital, Redburn Atlantic, Goldman Sachs, Morgan Stanley, Citigroup, Wells Fargo, Barclays, Wells Fargo, Piper Sandler, TD Cowen
Final — all horizons settled through T+60d
SCHW ▲ +10.70% at T+60d
NEUTRAL call ✓ call won +10.70% · α vs SPY +2.45% · entry $88.19 → $97.63
Currently $91.10 · +3.30% from $88.19 entry
Entry anchored
Jun 9, 11:34 AM ET
via Databento tick
T+1d
+0.10%
call +0.10% · α -0.48%
$88.28
settled 12mo ago
T+5d
+0.87%
call +0.87% · α +0.35%
$88.96
settled 12mo ago
T+20d
+4.64%
call +4.64% · α +0.56%
$92.28
settled 11mo ago
T+60d
+10.70%
call +10.70% · α +2.45%
$97.63
settled 9mo ago

Price Chart

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Executive Summary

On June 9, 2025, Redburn Atlantic upgraded Charles Schwab (SCHW) from Sell to Neutral, raising its price target to $82 from $65. The stock currently trades at $91.64, above the new target, implying a 10.5% downside. This call is part of a cluster of 10 firms updating coverage on SCHW. Redburn Atlantic has a 50% accuracy rate on 115 calls, with an average return of 5.8% — below the peer average. The consensus stands at 23 Buy, 3 Hold, and 1 Sell, with a mean price target of $115.20 (25.7% upside). EPS revisions have been strongly positive over the last 30 days (17 up, 0 down for the fiscal year). However, insider selling has been heavy, with over $9M in sales in late April, and short interest is elevated at 58.5% of off-exchange volume. The upgrade is a cautious nod to improvement but diverges from bearish cross-platform signals.

Impact Score

Base Score
2/7
LLM Adjustment
-1
Final Score
1/10

Consensus & Targets

Buy / Strong Buy
23 (85%)
Hold
3
Sell / Strong Sell
1
Total Analysts
20
Mean PT
$115.20
Median PT
$117.50
High PT
$131.00
Low PT
$92.00
Current Price
$91.64
Implied Upside
+25.7%

The consensus on SCHW is overwhelmingly bullish: 23 Buy ratings (7 Strong Buy, 16 Buy), 3 Hold, and 1 Sell out of 27 analysts. The consensus direction is strongly positive, with Redburn's Neutral standing as a more cautious outlier.

Current price: $91.64. Mean PT: $115.20, median: $117.50, high: $131, low: $92. Implied upside to mean: +25.7%. Redburn's $82 PT is below the consensus low of $92 and the mean — the most bearish target on the street — implying a -10.5% downside.

Recent Analyst Activity

DateFirmActionRatingPrice Target
2026-04-17 JP Morgan maintain Overweight $131.00
2026-04-17 Morgan Stanley maintain Overweight $125.00
2026-04-10 Morgan Stanley maintain Overweight $135.00
2026-04-08 UBS maintain Buy $119.00
2026-04-08 Barclays maintain Overweight $117.00
2026-04-06 Jefferies maintain Buy $118.00
2026-04-01 Truist Securities maintain Buy $120.00
2026-01-26 Barclays maintain Overweight $126.00
2026-01-22 Barclays maintain Overweight $125.00
2026-01-22 Truist Securities maintain Buy $122.00

Over the past 30 days, analyst activity on SCHW shows 0 upgrades and 0 downgrades. EPS revisions are positive: current quarter had 7 upward revisions (0 down) in 7 days and 10 up vs 4 down in 30 days; fiscal year had 17 up (0 down) in 30 days. Estimates are trending higher.

Firm Track Record — Redburn Atlantic

Redburn Atlantic accuracy: 50% on 115 calls | avg return: 5.8%

Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 15 firms with ≥5 scored calls.

FirmAccuracyCallsAvg Returnvs Average
Goldman Sachs 100% 3/3 15% top tier
Wells Fargo 71% 5/7 9.1% top tier
Citigroup 71% 5/7 5.6% top tier
Deutsche Bank 71% 5/7 6.4% top tier
Morgan Stanley 69% 9/13 7.6% top tier
JMP Securities 67% 8/12 6.7% top tier
Truist Securities 67% 6/9 8.8% top tier
Keefe, Bruyette & Woods 63% 5/8 6.7% top tier
Piper Sandler 57% 4/7 6.9% above average
JP Morgan 57% 4/7 4.7% above average

Redburn Atlantic has a 50% accuracy rate on 115 scored calls with an average return of 5.8% — below average versus peers. Top-tier firms on SCHW: Goldman Sachs (100% on 3 calls), Wells Fargo (71% on 7), Citigroup (71% on 7). Bottom-tier: TD Cowen (25% on 4), UBS (25% on 4). Redburn's track record is mediocre, offering limited conviction.

Earnings Estimates

Next earnings: Jul 16, 2026

PeriodEPS Est.EPS RangeRevenueRevisions (7d)
0q $1.47 $1.42 — $1.56 $6.6B ↑7 ↓0
+1q $1.53 $1.48 — $1.57 $6.7B ↑8 ↓0
+1y $6.99 $5.80 — $7.83 $29.1B ↑2 ↓0
0y $6.02 $5.92 — $6.15 $26.7B ↑2 ↓0

Cross-Platform Signals

Insider Trades (90d)
0 buys / 5 sells
Congressional
Gilbert Cisneros (democrat) — sell $1,001 - $15,000
Congressional
Anthony Wied (republican) — buy $50,001 - $100,000
Institutional
NORGES BANK — new
Institutional
RENAISSANCE TECHNOLOGIES LLC — add (77.2%)
Institutional
UBS Group AG — trim (-33.6%)
Short Interest
Short: 1,639,879 | Exempt: 1,285 | TRF Vol: 2,801,821 | Short Ratio: 58.5% | Off-exchange volume (dark pool + OTC)

Insider trading shows heavy selling: Charles Schwab sold $3.3M and $3.3M on April 26-27, and other executives sold over $3M combined. Congressional trades are mixed (one small sell, one mid-size buy). Institutional activity shows Norway's central bank opening and exiting large positions; Renaissance Technologies added 77.2%. Short interest is elevated at 58.5% of off-exchange volume. The upgrade diverges from insider selling and high short interest.

Actionable Insight

Redburn's upgrade to Neutral is a marginal positive, but the below-consensus PT and mediocre firm accuracy limit its bullish signal. With strong insider selling and high short interest, traders should wait for price to reclaim the $92 consensus low before taking a bullish stance.

Documents Analyzed

Report based on filing metadata.

21 reports for SCHW
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for SCHW — sortable, filterable
Type Now
May 31, 2026
12d ago
ANALYST-UPGRADE
BULLISH ★ 2/10
$88.19 $88.96▲ +0.87%▲ +0.35%$91.10 (+3.30%)
May 21, 2026
23d ago
Insider Cluster
NEUTRAL ★ 4/10
$90.39 $87.34▼ −3.37%▼ −5.22%$91.10 (+0.79%)
May 20, 2026
23d ago
424B5
BEARISH ★ 5/10
$17.50 $17.60▼ −0.60%▲ +1.25%$91.10 (−420.72%)
May 19, 2026
25d ago
Insider Cluster
NEUTRAL ★ 3/10
$91.81 $85.54▼ −6.83%▼ −9.13%$91.10 (−0.77%)
May 18, 2026
26d ago
424B5
NEUTRAL ★ 3/10
$17.74 $17.53▼ −1.16%▼ −2.77%$91.10 (+413.67%)
May 6, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$92.10 $91.11▼ −1.08%▼ −2.25%$91.10 (−1.08%)
May 1, 2026
6w ago
ANALYST-UPGRADE
MIXED ★ 1/10
$88.19 $88.96▲ +0.87%▲ +0.35%$91.10 (+3.30%)
Apr 28, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$90.85 $92.37▲ +1.67%▼ −0.02%$91.10 (+0.28%)
Apr 28, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$90.85 $91.48▲ +0.70%▼ −0.99%$91.10 (+0.28%)
Apr 27, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$90.76 $91.43▲ +0.74%▲ +0.34%$91.10 (+0.38%)
Showing 10 of 21

US Market Status

Market Closed — Opens Mon (45h 49m)

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