UBS Boosts Charles Schwab (SCHW) Target to $385 on Positive Outlook

Image by Alexsander-777 from Pixabay

On April 30, UBS raised the firm’s terms proposal connected The Charles Schwab Corporation (NYSE:SCHW) to $385 from $380. It reiterated a Buy standing connected the shares.

On April 20, Argus lowered the firm’s terms extremity connected SCHW to $108 from $117 and kept a Buy standing connected the shares aft its Q1 results past week. The company’s gross grew a robust 16% with gains crossed large categories, portion its nett involvement borderline expanded and full lawsuit assets reached $11.8T, the expert tells investors successful a probe note. Argus added that it expects Schwab to station above-peer-average maturation successful the mean term, supported by its innovative products and continued market-share gains.

During its Q1 2026 net call, Charles Schwab said concern momentum carried into the caller year. Investors opened 1.3 cardinal caller brokerage accounts and brought successful $140 cardinal successful halfway nett caller assets during the quarter. The institution said that, aft adjusting for a planned communal money clearing deconversion, full plus gathering reached $158 billion. This reflected an annualized maturation complaint of 5.4%.

President and CEO Rick Wurster said clients were progressively relying connected the steadfast for a broader scope of fiscal needs. That inclination pushed its wealthiness and banking solutions to grounds levels successful the archetypal quarter. He added that, driven by Schwab Wealth Advisory, managed investing nett flows roseate 46% twelvemonth implicit year. Bank loans besides accrued 29% compared with Q1 2025, reaching $60.9 billion.

The Charles Schwab Corporation (NYSE:SCHW) is simply a savings and indebtedness holding company. Through its subsidiaries, it provides wealthiness management, securities brokerage, banking, plus management, custody, and fiscal advisory services.

While we admit the imaginable of SCHW arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 10 Best Large Cap Dividend Growth Stocks to Invest In and 10 Best BDC Stocks to Buy Right Now

Disclosure: None. Follow Insider Monkey connected Google News.