--- title: "Weekly Recap | Charles Schwab -4.9%, consensus target above spot" type: "News" locale: "en" url: "https://longbridge.com/en/news/302176967.md" description: "Charles Schwab (SCHW) fell 4.9% this week to $91.96, against a 1.95% pullback for the S&P 500, which left the stock trailing the benchmark by roughly 2.95 percentage points. The week turned from strength to weakness: Monday opened at $97.07 and hit $97.82, Tuesday slid to $95.94, and Wednesday recovered to $96.80. Thursday saw an expanded sell-off to $91.38, the low of the 60-day range, before the stock settled between $91 and $94 over the final two sessions." datetime: "2026-10-17T08:39:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/302176967.md) - [en](https://longbridge.com/en/news/302176967.md) - [zh-HK](https://longbridge.com/zh-HK/news/302176967.md) generator: "portal-rs" --- # Weekly Recap | Charles Schwab -4.9%, consensus target above spot ## The Week Charles Schwab (SCHW) fell 4.9% this week to $91.96, against a 1.95% pullback for the S&P 500, which left the stock trailing the benchmark by roughly 2.95 percentage points. The week turned from strength to weakness: Monday opened at $97.07 and hit $97.82, Tuesday slid to $95.94, and Wednesday recovered to $96.80. Thursday saw an expanded sell-off to $91.38, the low of the 60-day range, before the stock settled between $91 and $94 over the final two sessions. The week’s amplitude was 6.63%, with daily volume averaging about 11.4 million shares versus roughly 7 million for the median day. ## Key Events Third-quarter results on Thursday set the tone for the second half of the week. Revenue reached $7.171 billion, below estimates, while profit beat expectations. Management guided full-year revenue to the lower end of its range, with net interest margin also tracking toward the lower end. The cautious tone carried into Friday’s session. Meanwhile, the company made several product moves: it opened direct crypto trading in Bitcoin and Ethereum to retail clients, launched the supervised AI assistant ‘Charley’, and flagged a new ‘tax-aware’ investment strategy. The CEO noted record interest in fixed-income products. Schwab also joined JPMorgan in blocking unauthorised AI agents from moving client funds. ## Analyst Ratings Of 24 institutions covering the stock, 11 rate it buy, 7 overweight, 5 hold, and 1 underweight, with no sell ratings. The consensus rating is buy, and the average target price sits at $118.41, implying roughly 28.76% upside from the current level. Targets range from $82 to $147, pointing to a wide dispersion in views. The stock ranks 4th out of 34 companies in the investment banking and brokerage industry. A few analysts trimmed targets after the report, but most reiterated buy or overweight ratings. ## The Week Ahead No company-specific earnings are scheduled next week. The focus shifts to macro data and how it shapes risk appetite. Monday brings the NAHB housing market index, with prior and forecast both at 32. Tuesday posts housing starts and building permits annual rates. Wednesday delivers EIA weekly crude and Cushing crude inventories. If the data point to softer growth or higher funding costs, that could feed into sentiment toward Schwab, whose revenues rise with client trading activity. ## In Short The week’s tension is that the sell-side picture leans constructive while the latest session’s fund flows show large-lot money turning seller. A revenue miss and full-year guidance tracked to the lower end, alongside a drop below the 60-day range low, paint a weaker near-term picture. The next test is whether macro data supports client risk appetite and whether new crypto and tax-aware offerings translate into net new assets. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [SCHW.US](https://longbridge.com/en/quote/SCHW.US.md) ## Related News & Research - [Schwab Advisor Services™ Expands AI Inside Schwab Advisor Center and Across the Third-Party Solutions RIAs Use | SCHW Stock News](https://longbridge.com/en/news/303406397.md) - [Charles Schwab Partners With Nevis to Streamline Advisor Workflows Using AI](https://longbridge.com/en/news/303404832.md) - [22,249 The Charles Schwab Corporation $SCHW Shares Acquired by Birinyi Associates Inc.](https://longbridge.com/en/news/303824580.md) - [How Record Earnings Will Impact Charles Schwab (SCHW) Investors](https://longbridge.com/en/news/302214907.md) - [AEHR: Record $33.0m quarter; FY27 revenue outlook raised to $150m on strong AI demand](https://longbridge.com/en/news/304010185.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**