NYSE: SCHW · Capital Markets
Charles Schwab (SCHW) fair value and price range
As of 3 Oct 2026, Faircurve's model values Charles Schwab (SCHW) at $73.76 a share. The stock last closed at $96.70, which puts the model's fair value 23.7% below the price. The model grades the evidence behind this valuation as low, so no verdict is shown. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It does not say how likely the fair value is to be right.
Revalued . Price is the close of 2 Oct 2026. The Charles Schwab Corporation.
Faircurve Insights · 3 Oct 2026
The Charles Schwab Corporation delivers a comprehensive suite of offerings that encompass wealth management, securities trading and brokerage, banking services, asset administration, custodial. It stands as a prominent financial services enterprise.
Faircurve's model on 3 Oct 2026 found a fair value of $73.76 a share, the midpoint of 2,000 simulations. The previous run, on 26 Sep 2026, gave $74.21, and the fair value moved -0.6%. The calibrated range over 63 trading days is $89.14 to $110.65, built around the price from the volatility the stock's own options imply, calibrated weekly against realised prices, and ranges built this way held the price 60% of the time at this horizon. The model grades the evidence behind this valuation as low.
The model compares The Charles Schwab Corporation with Robinhood Markets, Inc. The stock moved around its last 8 earnings reports with a median size, ignoring direction, of 3.2%. Moves included -1.7% on 21 Jul 2026, -8.0% on 16 Apr 2026, and +3.0% on 21 Jan 2026.
Written from the figures on this page for the 3 Oct 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
What price range does the model give SCHW?
The calibrated range for SCHW over 63 trading days is $89.14 to $110.65. It sits around the last close, and its width comes from the volatility that SCHW's own options imply (31% a year), calibrated weekly against realised prices (n = 3,562 past valuations, refreshed 3 Oct 2026). Ranges built this way held the price 60% of the time at this horizon. The fair value is the model's opinion and rides beside the range. It is not the centre of it.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $57.24 to $93.26. In 17% of the simulations the fair value came out above the price the model ran on.
How does SCHW compare with similar companies?
The companies in capital markets closest to Charles Schwab in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| GS The Goldman Sachs Group, Inc. | $902.56 | $965.29 | +7.0% | Low evidence grade |
| HOOD Robinhood Markets, Inc. | $112.74 | $96.10 | -14.8% | Fairly valued |
| MS Morgan Stanley | $190.31 | $128.98 | -32.2% | Low evidence grade |
| VIRT Virtu Financial, Inc. | $58.79 | $68.58 | +16.7% | Data under review |
| EVR Evercore Inc. | $261.68 | $323.14 | +23.5% | Low evidence grade |
| JEF Jefferies Financial Group Inc. | $45.97 | n/a | n/a | Data under review |
| SNEX StoneX Group Inc. | $65.81 | $55.68 | -15.4% | Low evidence grade |
| MKTX MarketAxess Holdings Inc. | $164.14 | $125.12 | -23.8% | Low evidence grade |
When does SCHW report earnings, and how has the stock reacted?
Charles Schwab's next earnings report is scheduled for 15 Oct 2026. Companies can move their dates.
Options prices on 2 Oct 2026 imply a move of about 5.2% in either direction through the nearest expiry, about 13 days out, a window that includes the report. That is the size the market is pricing, not a direction. SCHW's 30 day implied volatility works out to about 8.9% over one month.
How SCHW moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 3.2%.
| Report date | Two session move |
|---|---|
| 21 Jul 2026 | -1.7% |
| 16 Apr 2026 | -8.0% |
| 21 Jan 2026 | +3.0% |
| 16 Oct 2025 | -0.2% |
| 18 Jul 2025 | +3.4% |
| 17 Apr 2025 | -1.0% |
| 21 Jan 2025 | +5.5% |
| 15 Oct 2024 | +6.3% |
Charles Schwab at a glance
The Charles Schwab Corporation (SCHW) stands as a prominent financial services enterprise, delivering a comprehensive suite of offerings that encompass wealth management, securities trading and brokerage, banking services, asset administration, custodial.
- Market value
- $168.2B
- Sector
- Financial Services
- Industry
- Capital Markets
- Consensus revenue growth, next fiscal year
- +2.0%
- Analysts with estimates
- 15
- Beta to the US market
- 0.77
- First valued by Faircurve
- 4 Jul 2026
How the fair value is worked out: the model prices Charles Schwab on the share price against the net assets on the balance sheet, adjusted for the earnings analysts expect (price to book value), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 26 Sep 2026 the model's fair value for SCHW was $74.21. As of 3 Oct 2026 it is $73.76, a change of -0.6%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Charles Schwab's valuation
Is Charles Schwab stock undervalued or overvalued?
Faircurve's model puts SCHW's fair value at $73.76 a share against a last close of $96.70, as of 3 Oct 2026. The model grades the evidence behind this valuation as low, so no verdict is shown. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It does not say how likely the fair value is to be right.
What is SCHW's fair value?
$73.76 a share as of 3 Oct 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $57.24 to $93.26.
What price range does the model give SCHW?
$89.14 to $110.65 over 63 trading days. Ranges built this way held the price 60% of the time across 3,562 past valuations, refreshed 3 Oct 2026.
When does Charles Schwab report earnings next?
The next report is scheduled for 15 Oct 2026. Companies can move their dates.
How much has SCHW moved on past earnings reports?
Across its last 8 reports the median two session move was 3.2%, ignoring direction. The largest was -8.0% around the report of 16 Apr 2026.
How confident is the model in this valuation?
The model's evidence grade for SCHW is low. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It is not a probability that the fair value is right, or that the price reaches it.