Rating Change
Wells Fargo reiterated its Equal-Weight rating on The Charles Schwab Corporation (NYSE:SCHW) on October 16, 2026.
reiterateNYSE:SCHW
Wells Fargo Reiterates Equal-Weight Rating on The Charles Schwab Corporation (SCHW)
Wells Fargo reiterated its Equal-Weight rating on The Charles Schwab Corporation (NYSE:SCHW) on October 16, 2026.
At publication ·
What changed
The Charles Schwab Corporation (NYSE:SCHW) · reiterate
- Firm
- Wells Fargo
- Rating
- Equal-Weight to Equal-Weight
- Price at event
- $91.96
- Market capitalization
- $176.5B
At a glance
Key takeaways
- Wells Fargo maintained an Equal-Weight rating on Charles Schwab (SCHW) on October 16, 2026, suggesting the stock is fairly valued.
Market Context
The Charles Schwab Corporation operates in the Financial Services sector. The stock currently trades at $91.96 with a market capitalization of $176.5B. The stock has declined 9.2% over the past 52 weeks.
Analyst coverage from Wells Fargo provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for The Charles Schwab Corporation.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for The Charles Schwab Corporation
Among the 10 most recent ratings: 8 Buy, 2 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 16, 2026 | Evercore ISI Group | In-Line | N/A |
| Oct 16, 2026 | JP Morgan | Overweight | N/A |
| Oct 16, 2026 | Wells Fargo | Equal-Weight | N/A |
| Oct 16, 2026 | UBS | Buy | N/A |
| Oct 16, 2026 | Barclays | Overweight | N/A |
Related Tools: Analyst Ratings Dashboard | View SCHW Stock Page
Frequently Asked Questions
What does the Equal-Weight rating mean for SCHW?
A rating of Equal-Weight from Wells Fargo reflects the analyst's outlook on The Charles Schwab Corporation (NYSE:SCHW). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the SCHW forecast page.
