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The Charles Schwab Corporation (NYSE:SCHW) is one of the Ridiculously Cheap Stocks to Buy According to Wall Street Analysts. On March 13, The Charles Schwab Corporation (NYSE:SCHW) was reiterated by Truist Securities with a $122 price target.
The firm highlighted strong revenue growth drivers for the company, but noted that its asset growth momentum stays slightly below the company’s and Wall Street’s expectations. Analyst at Truist noted that the company reached a record 9.9 million daily average revenue trades in February, reflecting increased commissions and execution‑related revenue.
In addition, the firm highlighted that after adjusting for a one‑time $17.5 billion mutual‑fund‑related outflow, the core net new assets growth was about 4.7% on a seasonally adjusted annualized basis. However, quarterly-to-date data suggests that core NNA growth has stayed below 5%, meaning that Schwab is slightly below the Street’s expectation for the Q1 2026 asset growth theme. Wall Street expects $148 billion core NNA growth for Q1 2026. The firm noted that to reach this, Schwab needs to deliver a meaningful acceleration in inflows in March.
The Charles Schwab Corporation (NYSE:SCHW) is a savings and loan holding company that engages in securities brokerage, wealth management, custody, asset management, and financial advisory services.
While we acknowledge the potential of SCHW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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