Charles Schwab Corporation (NYSE:SCHW) Anticipates Strong Second-Quarter Earnings

Wells Fargo analyst sets a price target of $102 for NYSE:SCHW, indicating a potential upside of 9.56%. Expected earnings of $1.07 per share for the second quarter, up from 73 cents per share year-over-year. Projected quarterly revenue of $5.64 billion, demonstrating significant business expansion.

Charles Schwab Corporation, trading on the NYSE under the symbol SCHW, is a leading financial services company known for its brokerage and banking services. On July 18, 2025, Michael Brown from Wells Fargo set a price target of $102 for NYSE:SCHW. At that time, the stock was trading at $93.10, suggesting a potential upside of about 9.56%.

The anticipation surrounding Charles Schwab's second-quarter earnings release is high. Analysts expect earnings of $1.07 per share, a notable increase from the 73 cents per share reported in the same period last year. This growth reflects the company's strong performance and potential for future gains, aligning with the positive outlook set by Wells Fargo.

Charles Schwab's projected quarterly revenue is expected to reach $5.64 billion, up from $4.69 billion a year earlier. This increase in revenue demonstrates the company's ability to expand its business and generate higher returns, which supports the optimistic price target set by Michael Brown.

Ahead of the earnings release, Charles Schwab's shares rose by 2%, closing at $93.10. The stock experienced a change of $1.84, an increase of approximately 2.02%. This positive movement indicates investor confidence in the company's upcoming financial results and its potential to meet or exceed market expectations.

The company's market capitalization stands at approximately $169.16 billion, with a trading volume of 10.92 million shares. This substantial market cap and active trading volume highlight Charles Schwab's significant presence in the financial sector, further supporting the positive sentiment surrounding its stock.