Charles Schwab PT Raised to $105 on Strong Earnings and Crypto Expansion

Key Facts

1Piper Sandler increased its price target for Charles Schwab to $105, citing potential revenue upside from net interest margin improvement.

2The company reported Q1 2026 net income of $2.48 billion and record revenue of $6.48 billion.

3Schwab announced a phased rollout of spot crypto trading for Bitcoin and Ethereum to retail clients.

Piper Sandler has increased its price target for Charles Schwab to $105, citing anticipated upside in net interest margins and overall revenue growth. This revision follows the company's robust Q1 2026 performance, which featured a record $6.48 billion in revenue and net income of $2.48 billion. Additionally, Schwab confirmed the phased rollout of spot Bitcoin and Ethereum trading services for its retail client base.

The expansion into digital assets comes as major financial institutions ramp up their retail offerings, with Schwab aiming to capture market share from specialized digital platforms. Per market data, Schwab's performance remains competitive against peers like Morgan Stanley and Interactive Brokers. Analysts suggest that the focus on net interest margin (NIM) improvement positions the firm favorably to capitalize on current yield environments compared to industry averages (Yahoo Finance).

Traders are monitoring SCHW shares, which stood at $78.45 (close May 20, 2026) as they eye the gap toward the new $105 target. Looking ahead, the financial sector may see volatility surrounding upcoming central bank catalysts, including scheduled speeches from Fed officials Williams and Barr, which could provide further clarity on interest rate trajectories affecting brokerage margins.