The Charles Schwab Corporation: 2Q26 Review: EPS Beat Guidance Raise; L/S Biz Remains Key Topic of Debate

研报英文原文证据摘录

The Charles Schwab Corporation: 2Q26 Review: EPS Beat Guidance Raise; L/S Biz Remains Key Topic of Debate

Barclays | The Charles Schwab Corporation

Valuation Methodology: Our price target of $125 is based on 15x our F27 EPS estimate of $8.36. Our 15x multiple reflects the company's strong

financial position and operating history, and supportive macro environment.

Risks which May Impede the Achievement of the Barclays Research Valuation and Price Target: Key risks include regulatory risk related to

payments for order flow, integration risk related to the TD Ameritrade acquisition, interest rate risk, and macro risk.

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