Charles Schwab Stock: Earnings Forecast, Technical Analysis, and Analyst Sentiment

Earnings Forecast:

Analysts are expecting Charles Schwab (SCHW) to report revenue earnings that beat market expectations. The company is expected to report quarterly earnings per share of $1.15, which is slightly higher than the consensus estimate of $1.12.

Technical Analysis:

From a technical perspective, SCHW stock is currently trading in a bullish trend. The stock has recently broken out of a resistance level at $75, and it is now heading towards its next resistance level at $80.

Analyst Sentiment:

Analysts are generally positive on SCHW stock. The average analyst rating for the stock is "Buy," and the average price target is $85. Some analysts have recently upgraded their price targets for the stock, citing the company's strong earnings outlook and its recent acquisition of TD Ameritrade.